The fund finance market has surged past $1 trillion, according to a pair of new reports, as money managers borrow more to manage liquidity and bridge delayed exits. Fund finance vehicles lend money to the $16 trillion global market of private credit and equity funds....

Investors in a Blue Owl Capital Inc. fund tendered less than 1% of shares to Boaz Weinstein’s Saba Capital Management and Cox Capital Partners, which had offered to buy them out at a steep discount, according to people familiar with the matter. The tender offer for...

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. The longer the vital oil channel doesn’t reopen, traders say, the more...

There are lots of things that can move the stock market, from economic data, to Federal Reserve pronouncements, to corporate developments. But for the past 15 months, traders’ fortunes have been largely tethered to the whims of a single person: President Donald Trump....

One by one, high-conviction trades on Wall Street are falling out of favor. USO, the biggest US ETF tracking crude oil, is on pace for its steepest monthly outflow since 2009. SOXX, one of the largest semiconductor funds, is poised for its second-largest weekly...

Intel Corp. shares hit a record high after the chipmaker delivered a sales forecast that shattered Wall Street expectations, showing that it’s finally benefiting from a boom in AI spending. Revenue will be $13.8 billion to $14.8 billion in the June quarter, the...