Samuel Smith of High Yield Investor maintains Blue Owl Capital (OWL) as a high-conviction long-term buy despite recent market volatility and negative sentiment around private credit. He argues that fears about private credit are exaggerated, highlighting OWL's diversified assets under management, strong fundamentals, and insider alignment. Smith notes that OWL's energy and midstream investments have performed well, and he has rotated some gains into gold miners and private credit to capitalize on market dislocations. He expects OWL's assets under management to stabilize and grow later this year, dismissing the narrative of a looming crisis in private credit as fear-mongering. Smith emphasizes investing based on fundamentals rather than short-term price movements and remains bullish on OWL's prospects.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...
Ethereum's price rose about 11% over the past week to around $1,920, outperforming major cryptocurrencies like Bitcoin and Solana. This rally is fueled by $96 million inflows into U.S. spot Ether ETFs early in the week, with BlackRock's ETHA product ...
The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...
