Finance Social Media and Updates
Finance Social Media and Updates
Finance Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Well well well... BlackRock marked a private credit loan at 100 cents on the dollar in Q3. By Q4, it was a big fat ZERO. Not 80. Not 50. ZERO. In 3 months. This is the second time $TCPC has done this recently. Renovo went from par to zero in November. But sure...the marks are accurate and timely.
Not sure why the write-down of a $20 million loan that was disclosed nearly two months ago is news but here we are https://t.co/lfuuXrqdYg
Who Should Acquire PayPal? 5 Potential Acquirers Nobody’s Talking About PayPal is now considered to be a prime acquisition target. Who besides Stripe would be a good acquirer? Here are 5 potential candidates. Try to keep an open mind. https://t.co/rrD4BdDrG8
SpaceX provably has revenues of less than $20bn and loses money after the merger with xAI, but is targeting a $1.75 TRILLION IPO. So FTAV explored how Musk might try to pull off what could be the biggest bagholder operation...
The U.S. Postal Service is hiring restructuring advisers to help address its increasing financial troubles, Postmaster General David Steiner told Reuters in an interview. https://t.co/5x45UAESKf
Ever feel “profitable” but still broke? This is one of the biggest traps in business. ⸻ A precision engineering SME had strong margins. But paid for machines upfront. Waited 90 days to get paid. Every big order felt like a risk instead of a...
If there is a layoff then what will your severance package be? If you are at a large company then it might look something like the below, which is pretty generous. And if AI is used as the layoff excuse….they better be...
How do I underwrite deals to ensure that (if I get my offer price) the deal ends up being a home-run? This is how. This is a real deal I submitted an offer on a while ago. 56 units, priced at...
The morning markets crashed on Liberation Day, my phone didn't stop. By 9am, I'd received 14 messages from clients. Every single one asked the same question: 'Should I sell?'
Netflix, After Walking Away From Warner Bros. Deal, Will ‘Move Forward’ With ‘$2.8 Billion in Our Pocket That We Didn’t Have a Few Weeks Ago,’ CFO Says https://t.co/ztTl2wiPxD via @variety
"We had high confidence" of getting through regulatory, says Netflix CFO Spencer Neumann on pursuit of Warner's studios and streaming operations.
Netflix CFO Spencer Neumann says at Morgan Stanley conference that the streaming company "is small" with a runway for organic growth.
Mortgage rates have eased back toward the 5s today, potentially due to oil transport assurances from the President. The 30-year fixed is just 8 bps away from a 5-handle again, despite the ongoing conflict in the Middle East. Jobs report on Friday...
Large caps are extremely expensive, well beyond 3 standard deviations above average, but back a little from last year's all-time high. These two charts come from long-run valuation work (Advisor Perspectives / Crestmont style datasets) and show how expensive the U.S....
"As announced on October 2, 2025, the Board authorized the repurchase of $400 million of outstanding shares of Class A and Class B common from October 1, 2025, through October 1, 2026… The $400 million repurchase program was completed in...
That is an old saying I learned in Hong Kong that is meant to convey that any place can become unsafe and that having the ability to go to other places is invaluable. It is a lesson from history that...
There are so many financial games being played that we don't even know exist. There's a scene in Batman where they take over the trading floor and one of the traders says "there's no money here that you can steal" Bane replies...
Great point in @SecScottBessent speech: Post-2008 liquidity buffers were designed to be spent in a crisis. Instead, they are treated as untouchable minimums and so banks hoard liquid assets rather than deploy them, making stress worse. (1/3) @vtg2 @BrendanPedersen @amacker...
Animal Spirits: A Wave of Redemptions Geopolitics vs the stock market vs AI Is inflation risk back? Is it time for a correction? The optimistic view on AI The most broken housing market in America The private credit crisis of confidence & more https://t.co/3VV58HRcdq https://t.co/V5eIvRDjMe
It’s not just “AI efficiency” that will cause massive layoffs in 2026. Many overhired and can’t “grow into it” now because revenue growth slowed a lot. -What are companies doing right now? -What are severance benchmarks? -How to best do a layoff https://t.co/Db7jHp7KFa
Weekly #Mortgage demand surged 11% higher last week, as rates sat near 4-year low https://t.co/2HClawHnMz @MBAMortgage
Case Study: Effective Vendor Financing in Business Acquisitions This topic was highlighted by a question from Tomo, a follower intrigued by the mechanics behind vendor take-back notes. Challenge: When purchasing a business with vendor financing, one of the key concerns for both...
This is bigger news than people realize: @krakenfx just became the first crypo exchange to receive a "Master Account" from the @FederalReserve. Narrow banking is back. 👉 A Fed master account provides direct access to the central bank’s core payment systems — including...
Your PnL shows the results. The @tradesviz Drawdown View shows the truth. A green exit can hide a reckless process. See what really happened inside the trade: • 📈 Running PnL Curve — Real-time journey, not just the end result • 📉...
In Asia, Thailand and South Korea have the highest GDP exposure to imported oil & so the violence today in Korea and Thai markets reflects fear how that will play out. Note that this is negative for Asia in general but...
The Malaysian grocery landscape just changed forever. 🚨 Thai retail giant CP Axtra (the power behind Lotus’s) is officially acquiring 100% of The Food Purveyor for RM1.66 billion. 💰 By Q4 2026, the group will control 120 stores nationwide, blending the scale...
A client moved to me after 6 years with a private bank. He didn't leave because of poor performance. He left because he finally saw the full fee statement. His relationship manager had never shown him the total annual cost in dollars.
No wonder direct lending to software buyouts was so popular. Out of 300+ loans that Blue Owl has made since inception, only one has defaulted. That one loan was to finance Vista Equity's $3.5 billion buyout of Pluralsight in 2021. Blue Owl...
It’s absolutely appalling that every single treasury company isn’t copying the STRC playbook. If I was running a Bitcoin treasury company, I’d have started the process to launch this months ago.
Sale followed by a large capital return - Co selling its entire OpCo while returning 90% of the proceeds to shareholders - Distributions alone exceed the co's current mcap - Plus you get a RemainCo with meaningful net cash and a small growth...
@KariLake calls mass layoffs at Voice of America and its parent agency "streamlining" An official US gov't audit could not reach conclusions on agency's finances because it failed to provide even basic info - in part because staff had been so...
I maintain that @AskVenice is undervalued at current price. $DIEM at $645 is pricing in a 57% annual failure rate. The perpetuity model. A perpetuity is an asset that pays you a fixed amount forever… a bond that never matures. Government bonds,...
Paramount Skydance Debt Downgraded to Junk Status by Fitch Ratings Following Warner Bros. Discovery Deal https://t.co/bBiUN3grT5 via @variety
Extracting capital from a fast growing eCom business is nearly impossible. But there's a sweet spot where it does make sense. I surveyed 200+ store owners to figure out where. Here's what I found: The magic growth range is 10-20% annual revenue growth. Half of...
When your DSCR doesn't hit the bank’s threshold (usually a ~1.25x DSCR), most people think banks don't give you any option but to lower the LTV But in reality, if you negotiate, you have 3 options: Option 1: Lower LTV Option 2: Schedule...
Allocators are funding a logical switch trade: Redeeming BCRED at NAV to buy $BXSL at an -11% discount to NAV. Look for this dynamic to occur between every other private credit fund with both a non-traded and listed BDC.
How much of your business do you want to sell? Should you pursue a minority, majority, or full sale transaction? Founders looking to exit or raise capital have to decide which is the best path to achieve your goals, both...
As always, risk management is paramount. In a market under distribution, tightening stops and prioritizing capital preservation isn’t just prudent — it’s essential. When the tape refuses to reward low-risk setups and breakouts fail to follow through, discipline becomes your greatest...
Term premia should reflect the hedging qualities of government bonds. If we are going to keep getting negative supply shocks - which reduce equities and raise yields, creating a positive return correlation - term premia need to be a lot...
A slide from the $VITL December 2025 Investor Day, which ranked capital returns as their lowest investment priority; two months later, announced a $100 million repurchase authorization, which would require debt issuance. https://t.co/IAg2QWKbrE
Paramount’s $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns https://t.co/YAzJc52Fgq
The Dollar is rallying sharply. When this kind of Dollar strength happens, risk of disorderly market conditions and problems in the US Treasury market rise, because the highly leveraged basis trade can get hit as EM central banks sell their...
Just in: S&P Global Ratings placed all its ratings on global diversified media company PSKY, including the 'BB+' issuer credit rating and our issue-level ratings on its debt, on CreditWatch with negative implications
It's not too late. Join us this morning at 11 ET to learn more about how companies are navigating ITFM & FinOPs. Register here: https://t.co/jhHi37D4iJ
.@SES_Satellites: Rev & EBITDA 2025 shortfall mainly from short-term events, growth to resume in 2027. 2 yrs after filing $472M claim for glitches on 4 mPower sats, only 40% has been paid. Co plans MEO-orbit network serving US & European...
Most investors know they pay fees. Annual charges. Management costs. Platform fees. Almost nobody knows what those fees actually cost them over 20 years. The number is usually the most shocking thing I show new clients.
Toyota Fudosan (6201 JP) “The increase in the tender offer price is something of a win for stewardship as Elliott made a fair bit of money for its clients... But it’s not necessarily a big win for governance.” https://t.co/QEBKuTMAj4
FY23 financial projections from the Warner Media / DISCA deal. Fast forward to FY25: WBD generated total revenues of $37.3 billion, with $10.9 billion from DTC, EBITDA of $8.7 billion, and FCF of $3.1 billion. Missed every one of their financial projections...
it’s your promotion year at Blackstone and Jon Gray calls and asks if you wanna buy some SaaS loans at 98 cents: https://t.co/7xdf7c8YNt https://t.co/CvnV13BVpL
Is the market already done with the US-Iran war? Wall Street erased early losses while gold and crude oil recoiled from panic highs. Now what? #OilPrices #Crude #Iran #IranWar #stockmarkets #Dollar #Macro https://t.co/sUv93zfPtT
