Alan Waxman, the CEO and co-founder of Sixth Street, believes we’re in about the seventh inning of the downturn in the IPO market.

Lululemon raised its full year guidance and saw its sales and profit rise 18% during its most recent quarter, fueled by a 61% boost in China.

Berkshire shares have roared back to an all-time high on record operating profit, making it the biggest nontech company by market capitalization.

UBS shares rallied to 15-year highs on the back of what analysts branded a „historic“ earnings report, though Deutsche Bank said the lender may remain a „construction site“ for some time.

Interest accrual has been paused on student loans for more than three years. Interest resumes on Sept. 1 and it has big implications for certain types of debt.

These are the stocks posting the largest moves in the premarket.

China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.

Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.

Polestar is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.

UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.