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Oracle Stock Slides As Mixed Results Fail To Shake AI Fears Investor's Business DailyOracle stock sinks as revenue falls short of Wall Street estimates Yahoo FinanceOracle's stock slides 11% on revenue miss even as AI backlog soars cnbc.comOracle's mixed earnings fail to dispel AI fears, and the stock falls MarketWatch
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Sundance 2026 Lineup Includes Films With Jenna Ortega, Charli XCX, Seth Rogen, Russell Crowe, Ethan Hawke & More In Park City Finale DeadlineSundance 2026 lineup unveiled: Charli XCX, Olivia Wilde, Brittney Griner and more AP News'A lot for everyone': Sundance releases programming for final Utah film festival KSL.comCharli XCX's The Moment, Courtney Love Doc to Premiere at Sundance 2026 PitchforkSundance Programmers Break Down a 2026 Lineup Filled
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Ardian has launched a new evergreen vehicle providing professional investors with access to its infrastructure strategy.
The post Ardian to give pro investors access to its infra strategy through new evergreen investment fund appeared first on AltAssets Private Equity News.
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Yemeni Separatists Set Sights on Houthi-Controlled Capital The New York TimesEscalation in Yemen threatens to reignite civil war and create wider tensions in Gulf region AP NewsYemen's power shift: Will southern separatist push shake fragile peace? ReutersSTC's control may enhance Israel's position in the Gulf The Jerusalem PostSaudi-UAE tensions rise over Yemen clashes Financial Times
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Johnson bullish on Indiana's upcoming nailbiter of a redistricting vote PoliticoRepublicans Are Fighting With One Another in Deep-Red Indiana. Here's Why. The New York TimesIndiana Senate sets up crucial Thursday vote on mid-cycle congressional redistricting bill Indiana Capital ChronicleIndiana Senate to vote Thursday on 9-0 Republican congressional map, but its passage is uncertain CBS News
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Mackenzie Investments has launched the Mackenzie Northleaf Multi-Asset Private Markets Fund, a new vehicle designed to give Canadian accredited investors access to private equity, private credit and infrastructure. The fund, which was unveiled in partnership with Northleaf Capital Partners, aims to provide a diversified portfolio of mid-market private market investments, targeting a 60/40 mix of growth […]
The post Mackenzie and Northleaf launch multi-asset private markets fund appeared first on AltAssets Private Equity News.
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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