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ARES News30 articles
Blue Owl Stock Climbs on $380M Fee Pipeline Outlook
Blue Owl Capital (NYSE:OWL) gained 3.2% to $11.83 after the firm said undeployed assets could yield $380M in yearly management fees, potentially covering its dividend gap.
Blue Owl Capital Surges 8% as Real Assets Drive Q2 Fundraising
Blue Owl Capital (OWL) rose 8% after Q2 fundraising got a boost from real assets, which captured 59% of equity inflows. The firm sees potential $380M in annual fees from undeployed capital.
Blackstone Q2 Earnings Beat on AI-Driven Real Estate Gains
Blackstone's Q2 distributable earnings surged 26% to $1.98B, topping forecasts, fueled by AI-related asset sales in real estate, while private credit faced headwinds.
Blue Owl Capital Shares Surge as Private Credit Worries Ease
Blue Owl shares surged 5.5% to $10.225 as private-credit asset managers rebounded after Blackstone's withdrawal cap eased redemption fears. The sector remains under watch.
Broadcom Plunge 13% After Hours Sparks Tech Selloff, Dow Drops 621 Points
Broadcom slid 13.7% after hours after missing Q2 revenue estimates and keeping AI-chip sales forecast unchanged, triggering a broader market decline with the Dow falling 621 points.
Markets Mixed as Oil Surge, Slowing PMI Weigh on Sentiment
U.S. stocks were mixed Tuesday as a rebound in oil prices and signs of slowing economic growth tempered Monday's rally. The Dow Jones Industrial Average advanced, while the Nasdaq Composite slipped.
Blue Owl Shares Dip as BofA Calls Private Credit Fears Excessive
Blue Owl Capital shares declined slightly on Thursday following a Bank of America research note stating concerns around private credit managers are exaggerated. The stock has fallen nearly 40% year-to-date amid broader sector strain.
Blue Owl Shares Gain Amid Sector Rebound, But Private Credit Concerns Linger
Blue Owl Capital shares advanced 2.2% as alternative-asset managers rebounded, though ongoing worries about private credit valuations and fund liquidity kept sector sentiment cautious.
Goldman Offers Hedge Funds Swap to Short Software Loans as AI Risks Mount
Goldman Sachs is marketing a total return swap allowing hedge funds to bet against corporate loans in the software sector, fueled by concerns that artificial intelligence could disrupt credit markets. No trades have been executed yet.
KKR Shares Surge 4% Amid Governance Vote and Software Sector Scrutiny
KKR & Co. rebounded sharply Friday, gaining over 4% as investors weighed a major acquisition and upcoming governance changes against concerns over software exposure and loan leverage.
EVgo Shares Trade at Discount to LS Power's $2 Buyout Offer
EVgo trades at $1.86, a 14-cent discount to LS Power's $2 bid. The market has absorbed 81% of the original premium as the special committee evaluates the proposal.
BWXT Secures 1-Tonne Fuel Deal with Antares for Microreactor Push
BWXT (BWXT) will supply one tonne of TRISO fuel to Antares Nuclear, complementing an existing deal with Standard Nuclear as Antares targets 2027 power generation.
Meta Taps MongoDB CEO for Enterprise AI Push; MDB Shares Tumble 18%
Meta hires MongoDB CEO CJ Desai to lead new enterprise AI unit; MongoDB shares drop 18% as investors digest sudden leadership change.
Nintendo Shares Slide 1.2% on UBS Downgrade, Despite $4.5M Piracy Win
Nintendo shares fell 1.2% after UBS downgraded to Sell, even as a U.S. court awarded $4.5M in a piracy case. Digital sales momentum is the key test.
Oracle Shares Slide 4.4% on Project Jupiter Force Majeure Notice
Oracle shares fell 4.4% after a force majeure notice on Project Jupiter raised delay risks. With $288B in lease commitments and negative free cash flow, investors question execution.
AO World Shares Slide 4% as Jessops Deal Fails to Lift Profit Outlook
AO World shares fell 4% after acquiring Jessops but keeping full-year guidance unchanged. First-half pretax profit is expected to exceed £21.5 million.
Viking Therapeutics Shares Slip 13% on $500M Capital Raise
Viking Therapeutics shares dropped 13.6% after a $500M capital raise, nearly doubling its cash runway to fund clinical development.
Vistry Shares Slide 6.9% on £470M Reset, Profit Guidance Cut
Vistry shares dropped 6.9% after announcing a £470M restructuring and cutting 2026 profit guidance to £165M. No equity raise is expected.
Meta Shares Dip 1.4% Post-Connect as Audio Glasses Lead New Wearable Push
Meta shares slipped 1.4% after unveiling $349 Ray-Ban Audio glasses at Connect, with Reality Labs reporting a $4.62B quarterly loss.
Carnival Shares Dip Ahead of Q3 Report; Search for Missing Passenger Halted
Carnival shares slipped 2.1% ahead of Q3 earnings, while the Coast Guard suspended its search for a missing passenger. Investors await fuel cost and booking updates.
Admiral Shares Dip 0.9% as Job Cut Plan Raises Cost Questions
Admiral shares dropped 0.9% after proposing 500 UK job cuts, part of a £100M efficiency drive, but savings and charges remain undisclosed.
Legal & General Shares Dip 0.2% After Announcing 1,000 Job Cuts
Legal & General shares fell 0.2% to 296p after the company announced plans to cut 1,000 jobs by mid-2027, without providing savings targets or restructuring charges.
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
Mortgage Rates Climb to 6.95%, Pressuring Rocket Shares
Freddie Mac's 30-year mortgage rate jumped to 6.95%, up 19 basis points in a week. Rocket Companies (RKT) shares fell 2.2% to $12.46, near their 52-week low.
Apollo Shares Slip as Fund Redemption Requests Stay Elevated
Apollo shares fell 2.9% as its Debt Solutions fund reported redemption requests at 14.7% of shares, nearly triple the cap, but liquidity coverage remains strong.
DoorDash Settlement Already Reserved; Shares Dip Slightly
DoorDash's $131.5 million NYC settlement was fully reserved earlier. Shares dipped 0.8%. Over 264,000 workers to receive payments.
Rightmove Shares Slide 4.1% as UK Housing Data Reveals Weak Demand
Rightmove shares closed 4.1% lower at 484.6p on Tuesday, erasing Monday's gain, as higher asking prices masked a 9% drop in buyer inquiries and a 12-year high in available homes.
SoFi Shares Jump 4.7% as Mastercard Program Goes Live on Blockchain
SoFi shares gained 4.7% after its full Mastercard card program transitioned to blockchain-based settlement using SoFiUSD, processing over $25B annually. Revenue impact remains undisclosed.
TUI Tightens FY26 EBIT Outlook, Shares Dip 1%
TUI narrowed FY26 EBIT guidance to €1.2–1.3bn, yet shares fell 0.95% as the midpoint remains 11.5% below last year. Winter bookings still trail.
Alibaba's 20-GW AI Ambition Tests Cash Flow as Shares Climb
Alibaba shares gained 2.3% after unveiling a 20-GW cloud capacity target by 2032, but heavy capex and negative free cash flow raise concerns about the cost of AI expansion.