Letter To Shareholders

Private credit fund Goldman Sachs narrowly escapes repayment crisis

amefika2 months ago07 mins

Goldman Sachs Private Credit Corp. just dodged a bullet. The company’s unlisted business development company (BDC) reported in a recent filing that redemption requests in the first quarter of 2026 amounted to exactly 4.999% of shares outstanding. It stopped a fraction of a percentage point below the industry-wide 5% quarterly limit that triggers mandatory withdrawal…

Amazon gains 5% thanks to letter to shareholders, deal with Globalstar and billion in AI revenue on AWS

Amazon gains 5% thanks to letter to shareholders, deal with Globalstar and $15 billion in AI revenue on AWS

amefika2 months ago05 mins

Amazon (AMZN) shares soared on Thursday, boosted by CEO Jassy’s shareholder letter revealing $15 billion in annualized AI revenue from AWS and a $200 billion capital spending commitment by 2026 for AI infrastructure. Amazon’s acquisition talks with Globalstar (GSAT) would strengthen Project Kuiper’s satellite internet against SpaceX’s Starlink, while Amazon Pharmacy’s same-day delivery of Eli…