Private Credit Lending Drops 40% as BDCs Gate Redemptions
Private credit loan issuance fell to $45B in the three months through May 2026 — a 40% drop from Q1 — as BDC redemption queues forced gates.
Intel Starts 18A-P Risk Production, INTC Drops 8.5%
Intel said its 18A-P node entered risk production at the VLSI Symposium, but INTC fell 8.45% to $117.05 as a 217% YTD run met a stretched consensus.
Tax-Loss Harvesting and the Wash Sale Rule Explained
How tax-loss harvesting works, the 61-day wash sale window, and what counts as ‘substantially identical’ under the 2026 capital gains brackets.
Treasury’s Coupon Storm Hits Right After Warsh’s First FOMC
Treasury sells $24B in 5-year notes hours after the Fed decides June 17, then a 2y/5y/7y trio Jun 23-25 — ~$200B of supply in seven days.
Yum Brands Sells Pizza Hut for $2.7B in Two-Part Deal
Yum Brands is offloading Pizza Hut for $2.7 billion in a two-part deal with LongRange Capital and Yum China to refocus on KFC and Taco Bell.
Options Greeks Explained: Delta, Gamma, Theta, Vega, Rho
A plain-English guide to the five option Greeks — what each measures, when it matters, and how traders use them in real positions.
Convertible Bond Pricings Jump 43% in 2026 as Coupons Hit Zero
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
SpaceX (SPCX) Hits $2.5T as Stock Surges 43% After IPO
SpaceX shares closed at $192.50, up 43% from the $135 IPO price, pushing market cap to $2.52T — past Tesla and into the top 5 US stocks.
Merger Arbitrage Explained: Deal Spreads and Risk
Merger arb is the spread between a target’s price and the deal price. Here is the math, the risk, and a worked example on the Paramount-WBD deal.
NVIDIA Sells $25B in Bonds, Largest Ever, First Since 2021
NVIDIA priced a $25B seven-tranche bond on June 15, upsizing from $20B — its first debt sale since 2021 and the largest in its history.