Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more

Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more




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Wall Street braced for a private credit meltdown. The risk of one is rising
Finance

Wall Street braced for a private credit meltdown. The risk of one is rising

Key Points Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private credit-backed companies declared bankruptcy that problems in credit are rarely isolated. Companies that are most linked to the asset class, such as Blue Owl Capital, as […]

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Stocks making the biggest moves after hours: Intel, Clorox, Capital One and more
Finance

Stocks making the biggest moves after hours: Intel, Clorox, Capital One and more

Check out the companies making headlines in after-hours trading. Intel — Shares of the chipmaker slid more than 6% in extended trading. Intel gave soft revenue and earnings per share guidance for the current quarter. Intel said it expects first-quarter revenue between $11.7 billion and $12.7 billion, and breakeven adjusted earnings per share. Analysts polled […]

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Capital One is buying startup Brex for .15 billion in credit card firm’s latest deal
Finance

Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay […]

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