logo
How JPMorgan Is Playing the Private Lending Boom

How JPMorgan Is Playing the Private Lending Boom

JPMorgan Chase CEO Jamie Dimon says Wall Street's hottest trend is a recipe for a financial crisis, but he's investing billions to get in on it anyway. His plan: swoop in strategically and profit if there's a meltdown. Read more on how the nation's largest bank is playing the private-credit boom:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Clear Fork Solar Deal Fuels Meta and Enbridge
Clear Fork Solar Deal Fuels Meta and Enbridge

Yahoo

time25 minutes ago

  • Yahoo

Clear Fork Solar Deal Fuels Meta and Enbridge

Meta (NASDAQ:META) lands a $900 million boost for its Clear Fork solar project in Texas thanks to Enbridge's investment. Enbridge (NYSE:ENB) will fund 600 MW of solar capacity, cementing a long?term deal for Meta to buy 100 % of the green power for its data centers. The project, slated to go live by 2027 near San Antonio, reflects a broader tech pivot toward renewable energy to power AI and cloud operations. Enbridge says Clear Fork will add accretive cash flow and earnings once online. META stock has climbed 21 % this year, while ENB shares are up 9 % on the back of growing clean?energy investments. Clear Fork demonstrates the growing demand for renewable power across North America from blue?chip companies involved in technology and data center operations, Enbridge said in a release. Meta joins Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) in signing long?term power purchase agreements as AI workloads surge and sustainability targets tighten. This article first appeared on GuruFocus.

Tesla Settles Lawsuit Over Louisiana's Direct Sales Ban Ask ChatGPT
Tesla Settles Lawsuit Over Louisiana's Direct Sales Ban Ask ChatGPT

Yahoo

time25 minutes ago

  • Yahoo

Tesla Settles Lawsuit Over Louisiana's Direct Sales Ban Ask ChatGPT

Tesla (TSLA, Financials) has reached a settlement with Louisiana officials and auto dealer groups, ending a years-long legal fight over the state's 2017 ban on direct-to-consumer sales. In a motion filed Monday in New Orleans federal court, the company said its claims had been fully and finally resolved. The case targeted state regulators and dealership commissioners, accusing them of using their positions to undermine Tesla's sales model, which avoids traditional franchised dealers. Tesla also challenged state restrictions on leasing and servicing its vehicles. While a lower court initially dismissed the case, a federal appeals court revived Tesla's due process claim and antitrust challenge in 2024. The U.S. Supreme Court declined to hear a final appeal from Louisiana commissioners last month. This article first appeared on GuruFocus.

Domino's Beats on Same-Store Sales, Misses on EPS
Domino's Beats on Same-Store Sales, Misses on EPS

Yahoo

time25 minutes ago

  • Yahoo

Domino's Beats on Same-Store Sales, Misses on EPS

Domino's Pizza (DPZ, Financials) topped expectations on same-store sales growth in the second quarter but missed analyst forecasts on earnings per share. Shares dipped about 1% Monday. U.S. same-store sales rose 3.4% from a year ago, while international sales increased 2.4%both ahead of Visible Alpha consensus. Revenue matched estimates at $1.15 billion, up 4% year over year. However, adjusted EPS dropped 5.5% to $3.81, slightly below expectations. CEO Russell Weiner said Domino's is now fully rolled out on the two largest aggregators, referencing new partnerships with DoorDash (DASH, Financials) and Uber Eats (UBER, Financials). The company ended its exclusive agreement with Uber in May and added stores to DoorDash earlier this year. Weiner pointed to Domino's supply chain, advertising scale, and loyalty program as competitive advantages, saying the company is well-positioned moving forward. This article first appeared on GuruFocus.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store