Junk bond buyers are increasingly freezing out tech startups looking for financing, as CoreWeave Inc.’s pain raises bigger questions about how artificial intelligence companies will fund themselves.

For just about any company, it’d be an audacious thing to say: Find a way to get an investment-grade credit rating, and gain the privilege of borrowing “unlimited” pools of money.

CoreWeave Inc.’s bonds have plunged to levels that typically indicate distress, in a swift move that has caught the attention of Silicon Valley leaders including Chamath Palihapitiya and Elon Musk.

Bond investors backing David Ellison’s audacious $110 billion takeover of Warner Bros. Discovery Inc. are making a bold bet of their own — lending tens of billions of dollars while forgoing many of the legal safeguards typical in debt-laden buyouts.

Energy Distribution Partners, a privately-held propane and light fuels distributor backed by Pritzker Private Capital, is exploring a sale that could value the company at more than $1 billion, according to people familiar with the matter.

American households are getting pickier when it comes to what they spend on, creating winners and losers in the consumer industry.

Credit investors are “being paid to take risk, finally,” according to Oaktree Capital Management’s Danielle Poli.

In the cutthroat world of risky loans, a private equity firm’s aggressive reputation during times of corporate distress carries a steeper price tag: 60 basis points, to be precise.

It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typically deemed distressed.

A loan from Guggenheim Investments’ financing entity slid to a new low on Monday, even after the firm convened a call last week with lenders to assuage concerns about its second-quarter earnings.

LSEG Lipper is reviewing weekly data showing US investment grade funds saw the biggest outflows in more than six years after a report published by JPMorgan Chase & Co. said there was a potential error in Lipper’s data.

The bonds of some of the biggest US tech companies slid Thursday amid renewed worries about the scale of the debt-fueled artificial-intelligence boom and escalating conflict in the Middle East.

Lenders to Getty Images Holdings Inc. have started to organize after the debt-laden photo archive business scrapped a planned merger with Shutterstock Inc., according to people familiar with the matter.

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Even as SpaceX readies its record initial public offering, it’s already the “biggest rising star of all time” in credit, says Bruce Richards, chairman of Marathon Asset Management LP.

Even as SpaceX readies its record initial public offering, it’s already the “biggest rising star of all time” in credit, says Bruce Richards, chairman of Marathon Asset Management LP.

Distressed opportunities are emerging in sectors facing fundamental business-model challenges, including software and cable, with some of the most compelling situations arising from mismatches between debt and equity valuations, according to GoldenTree Asset Management founder Steven Tananbaum.

The Aspen Group, the owner of one of the largest dental care chains in the US, is exploring tapping outside investors to tackle the maturities of roughly $3 billion of loans due next year amid weaker earnings, according to people familiar with the matter.

A debt package for the auto paint and finishing division of European chemicals firm BASF SE drew demand of over three times the deal’s size, as investor interest in the troubled sector starts to revive after months in the doldrums.