Wall Street rises as focus remains on Treasuries and U.S.-Iran relations
Wall Street rises as focus remains on Treasuries and U.S.-Iran relations
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Eaton expands Europe operations with €810M COL Group deal (ETN:NYSE)
- Eaton (ETN) to acquire COL Group from Oaktree’s Power Opportunities strategy for an enterprise value of €810M, expanding its manufacturing capacity and power distribution capabilities in Europe.
- Eaton said the acquisition will enhance its ability to address growing demand from
Friday’s Economic Calendar | Seeking Alpha
kyoshino/E+ via Getty Images
5:15 AM John Williams Speaks
Participates in a policy panel at the 6th Monetary Economics Conference organized by the University of Oxford, the New York Fed, and the Bank of England.
8:30 AM Durable Goods Orders
Durable goods orders are
Brent crude jumps above $106 after Houthi attack against Saudi sites
Brent crude jumps above $106 after Houthi attack against Saudi sites
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First Solar leads big solar sector drop as high borrowing costs threaten project financing
bombermoon/iStock via Getty Images
Solar stocks fell sharply on Thursday, led by First Solar’s (FSLR) 10.3% plunge to a new 52-week low, as high borrowing costs add pressure to an industry that depends heavily on project financing.
Losses among solar stocks were broad, including Enphase
Vertical Aerospace starts strategic review amid air-taxi certification push
Vertical Aerospace starts strategic review amid air-taxi certification push
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Bessent pulls the plug on AI czar rumors (XT:NASDAQ)
J Studios
Treasury Secretary Scott Bessent said he does not expect to become President Donald Trump’s new AI czar, pushing back on reports that had identified him as a leading candidate for the newly proposed role.
Asked on Fox News whether Trump
Big oil mobilizes to block Trump's diesel export ban idea: WSJ
Big oil mobilizes to block Trump's diesel export ban idea: WSJ
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Tesla FSD misread speed limits in Belgium tests, road-safety group finds (TSLA:NASDAQ)
Alexander Shapovalov
Tesla’s (TSLA) Full Self-Driving system exceeded the legal speed limit in 55% of tested 30-km/h road segments in Brussels and repeatedly attempted to overtake cyclists where the maneuver is prohibited, Belgian road-safety group Johanna.be said.
Johanna.be tested FSD over about
By the Numbers: Key Trends Driving Private Lending, Finance Talent, and Global Shipping
Key data points tracking shifts in private credit, finance talent, and global shipping costs.
This article appears in the September 2026 issue of Global Finance Magazine.
Each month, Global Finance readers can look forward to our “By the Numbers” feature: A spotlight with key industry metrics that highlight a market in transition. This edition brings you three charts: a break down the numbers driving strategic moves across private lending, corporate talent, and global trade.
US Private Credit Lender Leaderboard for Q2 2026
Despite a significant drop in deal volume from the previous quarter, driven by higher financing costs, interest-rate uncertainty, and a possible AI-driven market correction, direct lenders are still finding opportunities.
Audax led the field by a wide margin, closing 62 deals in the second quarter — 16 more than second-place TPG Twin Brook (46) and 19 ahead of MidCap Financial (43), according to 9fin data. That gap at the top suggests deal flow is concentrating among a handful of active lenders even as overall volume contracts.
Apollo (37), Churchill (36) and Barings (34) formed a tightly bunched second tier, each within three deals of the next. Apogem (32), Blackstone (30), Monroe (27) and Jefferies Credit Partners (25) rounded out the top 10.
Smaller, middle-market-focused shops like Audax and Twin Brook outpaced Blackstone this quarter despite its scale, making the firm’s eighth-place finish notable. Lenders with flexible mandates—rather than the biggest balance sheets—will likely keep writing checks amid higher financing costs and rate uncertainty.
The Finance Workforce Evolution 2024 – 2030
Gartner reports that traditional talent still overwhelmingly staff today’s finance function, with 85% holding conventional backgrounds and just 15% dedicated to digital skills. That balance will flip within four years.
Gartner projects traditional finance talent will shrink to 20% of the workforce. Dedicated digital finance talent will likely grow to another 20% — and 60% of the workforce will be made up of “nondedicated” digital finance talent, employees who blend finance expertise with data, automation and technology skills rather than fitting neatly into either camp.
The shift means the finance department of 2030 will look less like a roomful of accountants and more like a hybrid team built around technology fluency, with only one in five employees carrying a purely traditional finance profile.
Dry Bulk Shipping Market Growth
Increased geopolitical risk, fuel costs, insurance premiums, and operating expenses are fueling a steady growth in shipping costs for the foreseeable future.
Rollins cut to neutral at Piper on impact from agentic AI
AndreyPopov/iStock via Getty Images
Rollins Inc. (ROL) was cut to neutral from overweight at Piper Sandler due to agentic AI and private equity investment in the pest control space.
Agentic AI search appears to favor small/local pest control providers over national companies, Piper Sandler analyst
Crude oil rebounds after losing streak; diesel futures drop after export restriction talk
Crude oil rebounds after losing streak; diesel futures drop after export restriction talk
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Knife River urged to explore sale by activist Starboard Value – WSJ (KNF:NYSE)
ewg3D/E+ via Getty Images
Knife River (KNF) rises 5.3% post-market Wednesday after The Wall Street Journal reported that activist investor Starboard Value has built a significant stake in the company and plans to push for a sale or an improvement in its margins.
Starboard
Gossamer Bio submits NDA for seralutinib for pulmonary arterial hypertension
Md Saiful Islam Khan/iStock via Getty Images
- Gossamer Bio (GOSS) has submitted an NDA to the US FDA seeking approval of seralutinib for pulmonary arterial hypertension (PAH).
- The application is supported by data from the phase 3 PROSERA study, evidence from the phase 2 TORREY study, and supportive analyses.
Airbnb broadens use of OpenAI models across engineering teams (ABNB:NASDAQ)
GoodLifeStudio/iStock Unreleased via Getty Images
Airbnb (ABNB) is expanding access to OpenAI’s (OPENAI) frontier models, including GPT-6 Astra, for its engineering and product development teams under a new agreement, the companies said on Wednesday.
The expansion builds on Airbnb’s use of OpenAI’s (OPENAI) Codex
U.S. IPOs raised $137B in first half of 2026, up almost 400% Y/Y, SEC says (IPO:NYSEARCA)
Donny DBM
In the first half of 2026, issuers raised $137.9B through 208 initial public offerings on U.S. markets, boosting capital raised by 398% from the year-ago period, according to data released by the U.S. Securities and Exchange Commission on Wednesday.
The
Cineplex names Bill Walker as CEO and launches strategic review including potential sale
- Cineplex has appointed Bill Walker as chief executive officer to review strategic alternatives for the company’s future, including a potential sale.
- Cineplex is evaluating opportunities to enhance and maximize value for all shareholders and will consider a range of alternatives, including, but not
Ceres Power Holdings GAAP EPS of -8.58p, revenue of £22.77M
- Ceres Power Holdings press release (CPWHF): 1H GAAP EPS of -8.58p.
- Revenue of £22.77M (+8.0% Y/Y).
- Adjusted EBITDA loss improved to £6.8 million (H1 2025: £11.3 million).
- Cash and short-term investments of £172.0 million (December 2025: £83.3 million).
- Outlook: Ceres reiterates the