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Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's
Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's
Amid the ongoing fracturing of the private credit industry, which after enjoying years of stable, levered growth (and when it ran out of institutional greater fools, it aimed lower, toward HNWs and retail) finally hit a brick wall thanks to the Claude-inspired SaaSpocalypse, which has led to a historic surge in redemption requests across the biggest (and certainly smallest) names in the industry, last week we said that debt funds managed by powerhouse firms including...
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Apr 27, 2026 / Tyler Durden
OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid
OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid
Earlier today, when previewing this week's earnings by the Mag 7 which account for over $10 trillion in market cap set to report Q1 results after the close on Wednesday, Goldman's Delta-One head Rich Privorotsky said that "Equities are being driven by one thing…AI spend", and warned that "it's hard not to respect the strength of the AI bid, but the velocity has been extreme. The upside surprise vs expectations has almost entirely come from AI...
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Mar 4, 2026
Defense executives plan to meet at White House as strikes on Iran diminish stockpiles
" The meeting underscores the urgency felt in Washington to shore up weapons stocks after the Iran operation drew heavily on munitions..."
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Feb 19, 2026 / Dave DeCamp
US Launches 36th Airstrike of the Year in Somalia
US Africa Command said in a press release on Wednesday night that its forces launched another airstrike in Somalia on February 17 as the Trump administration continues its record-breaking bombing campaign in the country. The command said the strike targeted al-Shabaab in the vicinity of Harbole, a village about 46 miles northwest of the southern […]
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