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Nassau County agency defaults on $36M tobacco bond payment, marking first-ever default in $80B sector

Nassau County agency defaults on $36M tobacco bond payment, marking first-ever default in $80B sector

The default signals increased risk in the municipal bond market, prompting investors to reassess the reliability of similar securities.

2 hours ago · By EDITORIAL TEAM

Dow surges 900 points in final hour to record high as investors ditch tech for healthcare and banks

Dow surges 900 points in final hour to record high as investors ditch tech for healthcare and banks

The shift from tech to healthcare and banks signals a potential long-term sector rotation, impacting investment strategies and market dynamics.

2 hours ago · By EDITORIAL TEAM

Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow

Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow

Increased redemption pressures highlight liquidity challenges in private credit, potentially impacting investor confidence and market stability.

2 hours ago · By EDITORIAL TEAM

Latest

Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses

Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses

Micron Technology faces market-cap wipeout as Broadcom pressures chip stocks

Micron Technology faces market-cap wipeout as Broadcom pressures chip stocks

Chainalysis reports surge in gray market peptide trade using bitcoin and stablecoins

Chainalysis reports surge in gray market peptide trade using bitcoin and stablecoins

Goldman Sachs projects SpaceX AI revenue to surge 100-fold by 2030

Goldman Sachs projects SpaceX AI revenue to surge 100-fold by 2030

Robinhood shifts World Cup bets to its own platform, moving away from Kalshi

Robinhood shifts World Cup bets to its own platform, moving away from Kalshi

Marvell poised for S&P 500 inclusion after stock surge triples its value in 2026

Marvell poised for S&P 500 inclusion after stock surge triples its value in 2026

Robinhood director Meyer Malka buys additional $15M in HOOD shares, totaling $35M in a week

Robinhood director Meyer Malka buys additional $15M in HOOD shares, totaling $35M in a week

SpaceX secures ticker symbol SPCX ahead of blockbuster $75 billion IPO

SpaceX secures ticker symbol SPCX ahead of blockbuster $75 billion IPO

Barclays traders recommend buying protection against tech-led S&P 500 pullback

Barclays traders recommend buying protection against tech-led S&P 500 pullback

Broadcom price targets raised by multiple analysts post-earnings selloff

Broadcom price targets raised by multiple analysts post-earnings selloff