Friday, June 5th.
LEDGE FACTDuring the 2008 GFC, the TED spread (a key risk measure) spiked to 4.64% from a normal range of 0.1-0.5%
Today's headlines
Functional Brands Inc. Announces Active Interest from Multiple Strategic Partners to Fund BullionFX | Alchemy Commercialization Following Pending Acquisition of the BFX Assets
TerrAscend Schedules Special Meeting of Shareholders in Preparation for U.S. Stock Exchange Uplisting
BDC universe
Most-held borrower across BDCs: to purchase (13 BDCs report exposure).
13F holdings
Pershing Square opened a new position in Microsoft (MSFT).
Starboard Value opened a new position in Lamb Weston Hldgs (LW).
Today's reading
Tax-Loss Harvesting Psychology: When the Math Beats the Brain.
Markets
S&P 500 — down 2.40% on the day.
What’s new
- Ask AI suggests sharper questionsSuggested questions now fit the company in front of you - every sector covered, from plain-English starters to analyst-grade probes. No more airline prompts on a software stock.
- Insider-buying clusters, surfacedSee when several insiders buy the same stock in a tight window - on the ticker page and as a banner across your watchlist, each one traceable to its source SEC Form 4 filing.
- Light theme, across the whole productA polished light theme now renders correctly on every surface - portfolio, watchlist, news, markets, 13F, calendar. Toggle it from the top-bar menu; your choice sticks.