JPMorgan Chase limits loans to select private credit funds after marking down software company loans, highlighting stress in the $1.8T sector from AI risks, investor withdrawals, and tighter standards.
Monness Crespi calls Trump's Truth Social stablecoin support mere saber rattling. CLARITY bill shift favors Circle over Coinbase. Firm adds to COIN shorts, stays long CRCL.
BlackRock capped redemptions at its $26B HPS Corporate Lending Fund (HLEND) after record withdrawal requests hit 9.3%, signaling stress in private credit markets and sending BLK shares down sharply.
Cantor highlights Better Home & Finance ChatGPT integration as a major boost for home equity lending via Tinman AI, calling it undervalued news with Overweight rating and $40 target.
Western Alliance Bancorporation charges off $126M loan after payment failure by Jefferies; files lawsuit for breach and fraud while offsetting losses through gains and cuts.
BofA reinstates coverage with Buy ratings on Visa, Mastercard, Block, Affirm, Klarna — Neutral on PayPal.
