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Westinghouse Electric Files Confidentially for IPO
The Wall Street Journal7d agoneutral
Westinghouse Electric Files Confidentially for IPO

Nuclear technology and services supplier Westinghouse Electric has confidentially filed a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock

Mastercard Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Mastercard Q2 Earnings Call Highlights

Mastercard (NYSE:MA) reported second-quarter 2026 results that exceeded its expectations, supported by continued consumer and business spending, cross-border activity and demand for its value-added services. On a non-GAAP, currency-neutral basis, net revenue rose 12% year over year, adjusted net in

How Big Is Tesla's China Business, Anyway?
The Wall Street Journal7d agoneutral
How Big Is Tesla's China Business, Anyway?

Some Tesla executives have been told to prepare for a separation of the automaker's China business ahead of a potential merger with SpaceX, the Journal reports. The China business brought in $8.86 billion of sales in the first half of 2026, accounting for 17.

Private credit roundup: Earnings hold up as defaults, redemptions remain elevated
Reuters7d agoneutral
Private credit roundup: Earnings hold up as defaults, redemptions remain elevated

Ares Capital and Blue Owl Capital reported resilient second-quarter results this week, while Ares Management posted record fundraising, highlighting continued institutional demand for private credit despite rising defaults, ‌retail redemptions and liquidity concerns. Ares Management, one of the industry's largest players, raised a record $36 billion ‌in the second quarter, including $23.7 billion for its credit strategies. Assets under management rose 17% from a year earlier to $671.3 billion.

KKR & Co. Inc. Q2 Earnings Call Highlights
MarketBeat8d agoneutral
KKR & Co. Inc. Q2 Earnings Call Highlights

KKR & Co. Inc. (NYSE:KKR) reported record second-quarter results for 2026, led by growth in management fees, fundraising, capital deployment and monetization activity across its asset management, insurance and strategic holdings businesses. Fee-related earnings were $1.32 per share, up 34% from a y