Bloomberg Markets
Elk Grove Village Property LLC is looking to raise $850 million from a junk-bond sale to help fund a data center tied to CoreWeave Inc., joining a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.
Bloomberg Markets
Bond traders are looking to a key jobs report this week to confirm their wagers that the US economy is strong enough to push the Federal Reserve to lift interest rates by next year.
Nancy Lazar, Chief Global Economist a Piper Sandler, previews this week's jobs figures and whether or not they'll put the Fed in a position to hike rates. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
On this episode of Stock Movers with Alexis Christoforous:
- Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market.
- Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times’ DealBook reported that Barry Dille
Bloomberg Markets
Meredith Whitney Advisory Group CEO Meredith Whitney says she doesn't think housing demand will be very strong this year with affordable housing remaining the key challenge. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)