Private Credit Squeeze Hits Fintech Loans: Stone Ridge Caps Redemptions at Just 11%
Stone Ridge's $2.4B LENDX fund limits withdrawals to 11% amid heavy redemptions in fintech loans from Affirm, Block, Upstart. Investor concerns widen.
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Optics Stocks Rise Despite Nvidia’s Copper + Optics “Both Paths” Message
Lumentum & Coherent jump 6-10% as AI data centers demand billions of lasers. Strong $70-90B market outlook overshadows Nvidia's copper comments.
Williams-Sonoma Profit Dips but Beats Wall Street, Raises Dividend 15% and Shares Jump
Williams-Sonoma (WSM) reported Q4 comparable brand revenue growth of 3.2% and $3.04 EPS. The company raised its quarterly dividend by 15% while gaining market share.
Gemini Stock Downgraded to Sell by Citi – Profit Challenges and Regulatory Delays Hit Hard
Citi downgrades Gemini to Sell, slashing price target to $5.50 amid stalled CLARITY Act, profitability woes, and crypto market challenges.
Citi's Optimistic Take: Lucid Reaches Inflection Point with New Models and Robotaxi Launch by 2026
Citi starts LCID coverage with Buy rating and $17 PT, citing positive inflection from Gravity launch, 2026 Cosmos production, and Uber robotaxi ops by year-end.
Starbucks Stock Downgrade: RBC Cites Rising Labor Costs and Limited Upside Ahead
RBC Capital downgrades Starbucks to Sector Perform from Outperform, citing higher labor costs, smaller savings, and elevated growth expectations near peak valuation.