Markets turned downward ahead of the eagerly awaited earnings report from Nvidia Corp., the final company among the “Magnificent Seven” megacap stocks to report this cycle. As Nvidia’s shares fell by 2% just hours before the release, investors and analysts are closely monitoring whether the AI chip leader can meet the towering expectations that have

As we approach the latter part of the year, investors in the US high-yield debt market may have their last significant chance to acquire newly issued junk bonds before the upcoming presidential election introduces heightened uncertainty. According to Barclays Plc, companies are projected to issue between $55 billion and $65 billion in junk bonds and

Turkey has launched an investigation into social media posts that falsely claimed Finance Minister Mehmet Simsek had resigned, a rumor that caused a sharp decline in the Istanbul Stock Exchange. The Capital Markets Board (SPK), Turkey’s market regulator, announced the probe on Saturday, stating that the investigation targets accounts that “misled stock exchange investors and

Bond yields climbed and stocks pulled back as investors prepared for Federal Reserve Chair Jerome Powell’s upcoming speech, anticipating that he may signal rate cuts, albeit at a measured pace. This outlook suggests that market expectations for a full percentage point of rate cuts by the end of the year might be overly optimistic. Treasury

Alimentation Couche-Tard Inc., the Quebec-based convenience store giant, faces a complex financial challenge in its bid to acquire global competitor Seven & i Holdings. Analysts suggest that completing this ambitious transaction will require a combination of substantial cost reductions, a significant equity raise, and potentially a U.S. listing to secure the necessary financing. To manage

Kaisa Group Holdings Ltd., a prominent Chinese real estate developer, has reached a significant restructuring agreement with a key group of creditors. This plan, which involves issuing new bonds potentially exceeding $10 billion, marks a crucial step in the company’s efforts to avoid liquidation and stabilize its financial position. According to the details released on

On Monday, European defense stocks experienced a notable decline, retracting some of their substantial gains from earlier in the year. This downturn followed a report over the weekend suggesting that Germany may halt new aid requests to Ukraine as part of efforts to control government spending. The German government responded swiftly to the report, stating

Mars Secures Landmark $29 Billion Bridge Loan for Kellanova Acquisition Mars Inc., the global packaged food giant, has locked in the largest blue-chip debt financing deal of the year to support its ambitious $36 billion acquisition of Kellanova. This acquisition is a major move in the industry, and Mars has lined up a $29 billion

Ethiopia’s Currency Liberalization: What It Means for the Economy and Investors For over fifty years, Ethiopia tightly controlled the value of its currency, the birr. This longstanding policy shifted dramatically in July when the government, grappling with unsustainable debt levels and shrinking foreign reserves, was compelled to liberalize the exchange rate. The move, similar to