Why Blue Owl stock is sinking around 8% today
Blue Owl said in shareholder letters issued Thursday that its flagship Blue Owl Credit Income Corp. (OCIC), which manages about $36 billion in
Economy
Economy
Dow Jones tumbles 600 points as Trump signals Iran escalation
US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran
Economy
Tesla stock dives 4% as Q1 deliveries fail to meet expectations
Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of
Economy
Ukraine drone strikes hit 40% of Russia Primorsk oil storage: report
Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea
Economy
GM stock falls as Q1 sales slump, high rates and gas weigh demand
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on
Economy
Google faces pressure as experts urge banning AI videos for young users
Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on
Economy
US banks raise costs for private credit funds as valuation fears grow: report
US banks are raising borrowing costs for some loans to private credit funds amid growing concerns over valuations, a shift that could pressure
Economy
Interview: Hormuz shock exposes legacy oil trade’s flaws: Baron Lamarre
As Brent crude prices soar amid escalating tensions in the Gulf, the oil trading landscape faces unprecedented challenges, according to Baron Lamarre, co-founder
Economy
S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices
Gold
Brazil central bank orders liquidation of Entrepay units over risks
Three entities within the prudential conglomerate of Entrepay were ordered into extrajudicial liquidation by Brazil’s Central Bank on Friday: Octa Sociedade de Crédito