1. Lots of uncertaintyWhile no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next. Neither the post-meeting statement, the update on economic projections, nor Powell's news conference provided much in that regard. The statement saw only...
Category: Finance
Apollo’s John Zito questions private equity’s software valuations: ‘All the marks are wrong’
Apollo Global Management signage in New York on Dec. 5, 2023.Jeenah Moon | Bloomberg | Getty ImagesApollo's John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They're not, he said.Zito, co-president of the firm's...
Dividend stocks are catching up to tech stocks on a key earnings metric at a critical time for the market
Dividend-paying companies are rapidly closing the earnings growth gap with technology stocks and contributing more earnings momentum to the S&P 500. After a significant increase over the past year on this key earnings metric, the trend suggests that dividend stocks may present an even stronger case to investors seeking income...
JPMorgan Chase reins in lending to private credit firms after marking down software loans
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty ImagesJPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held...
Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.comSource: Better.comThe online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively.The app, announced by the firm later Thursday, takes Better's...