India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike

Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars Clean-power company Bloom Energy surged early in the U.S. cash session after reporting earnings Tuesday after the close, raising its full-year revenue and margin guidance on rising demand from data centers and other commercial customers.  The maker of solid oxide fuel cell systems, branded as Bloom Energy Servers, that generate electricity on-site for customers, posted a profit of $70.7 million, or 23 cents a share, compared with a loss of $23.8 million, or 10 cents a share,...

Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit.  DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...

Massachusetts Dems Advance Bill To Limit How Far You Can Drive In Your Own Car Authored by Steve Watson via Modernity.news, Massachusetts lawmakers are barreling ahead with a bill that would force the state to slash the total miles residents drive, all under the banner of cutting greenhouse gas emissions. The proposal, Senate Bill S.2246, doesn’t slap a hard cap on your daily commute… yet – but it orders the Massachusetts Department of Transportation (MassDOT) to set binding goals for reducing statewide vehicle miles traveled (VMT). It also creates a new government council tasked with pushing...