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BlackRock Inc. took in a net $130 billion of client cash in the first quarter, with investor money continuing to pour in despite volatility in the public and private markets and protracted uncertainty over the war in Iran.
Source
Bloomberg Markets
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Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn't justified by the likely returns and potential losses.
Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.
Katrina Dudley, senior investment strategist at Franklin Templeton, discusses energy prices and market impacts of the war in Iran. She speaks with Matt Miller on "The Brief." (Source: Bloomberg)
Traffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.
