Stock Buybacks Explained: Mechanics, EPS Math, Taxes
How share repurchases actually work — open-market vs ASR vs Dutch auction, the EPS math that drives them, SEC Rule 10b-18, and the 1% excise tax.
Non-Traded BDC Outflows Top Inflows for First Time on Record
Stanger data shows Q1 2026 non-traded BDC gross sales of $4.9B vs $6.9B redemptions met — the first net outflow quarter ever for the $200B-plus segment.
Navitas (NVTS) Up 287% YTD on AI Data Center Power Bet
Navitas Semiconductor jumped 20% to $29.25 on May 22, extending a 287% YTD run as the 800V AI data center power thesis takes hold.
Enterprise Value Explained: When EV/EBITDA Beats P/E
Enterprise value captures the debt and cash that market cap ignores. Here’s the EV formula, the EV/EBITDA multiple, a worked example, and when it misleads.
Stellantis Bets €60B on FaSTLAne 2030; STLA Falls 6%
New CEO Antonio Filosa unveils Stellantis’ €60B FaSTLAne 2030 plan: 60 new vehicles, €36B for North America, €6B annual cost cuts. STLA fell 6.2%.
S&P 500 Hits 8-Week Win Streak, Longest Since 2023
Wall Street’s eight-week run, its longest since December 2023, lifted the S&P 500 to 7,473 as small caps and quantum names led Friday.
Leveraged Buyouts 101: How LBOs Actually Work
How buyout funds use debt to acquire companies — the capital stack, IRR math, value-creation levers, and when LBO math breaks.
Mercury Raises $200M at $5.2B, Bids to Be a Real Bank
Mercury’s $200M Series D at a $5.2B valuation, led by TCV, signals fintech’s funding recovery as the startup pursues a U.S. national bank charter.
IMF Slashes 2026 Growth Outlook: What Capital Markets Must Now Price In
The IMF’s April 2026 World Economic Outlook delivers a stark growth downgrade. Here’s how bond, equity, and sovereign debt markets are responding.
Workday Beats: Subs +14%, Raises FY27 Margin to 30.5%
Workday’s Q1 FY27 hit $2.54B in revenue and $616M in free cash flow; FY27 non-GAAP operating margin guidance was raised to 30.5%.