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SpaceX has priced its inaugural $25 billion bond offering, one of the largest corporate debt sales of the year, structured across five tranches of senior notes maturing between 2031 and 2056. Settlement is expected on June 26.
GameStop CEO Ryan Cohen withdrew a bonus plan worth up to $35 billion so the company can focus on operating performance and its proposed eBay acquisition.
The KOSPI dropped 7.3% on the Seoul stock exchange.
Apollo's flagship retail private credit fund has been hit by redemption requests equal to 17% of its assets, with investors seeking to withdraw nearly $15 billion from major private credit funds.
U.S. equity funds attracted a record $119 billion in one week, with the technology sector seeing its biggest inflow ever.
Retail investors purchased a net $369.8 million of SpaceX stock during the first three trading sessions after the company's IPO, marking a record inflow.
Charles Schwab is working with Cboe to enter the prediction market, the Wall Street Journal reports.
US dollar hits one-year high as hawkish Federal Reserve stance rocks global markets
Accenture shares fell 19% in their largest single-day decline on record.
Accenture (ACN) shares fall 15% to COVID-era lows of $130 after the company cut its full-year guidance amid AI disruption.
Indonesia named capital markets veteran Jeffrey Hendrik as chief executive of its stock exchange, the latest effort to bolster investor confidence in the world's worst-performing equity market.
US Treasuries recovered from a selloff after the new Federal Reserve Chairman Kevin Warsh positioned himself as a credible figure to fight inflation.