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Bloomberg

Apollo Faces Rising Redemption Pressure

Apollo is again capping withdrawals from its flagship private credit fund after investors requested redemptions far above the 5% limit. Bloomberg's Silas Brown joins Bloomberg Open Interest to explain why the biggest private credit firms may be the most exposed to retail investor outflows and why the next quarter could reveal whether this is a temporary reaction or a broader industry risk.

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Bloomberg

SpaceX Loses $600 Billion in Value Over Three Days

SpaceX shares are looking to bounce back on Tuesday after a three-day selloff wiped off more than $600 billion from the Elon Musk-led rocket and satellite company's market value. Shares are still up roughly 10% from its $135 initial public offering price. Pierre Ferragu of New Street Research says a cautious AI trade could be weighing on the stock. He speaks on "Bloomberg Surveillance."

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Bloomberg

Andy Burnham Needs Bold Ideas Says Ex-BOE Governor King

Andy Burnham is under pressure to outline an economic plan for the UK following his sudden and spectacular rise toward the pinnacle of British politics. Bloomberg understands the Labour leadership hopeful will give a set-piece speech on the economy next week as he seeks to lay out his stall ahead of that contest. Former Bank of England Governor Mervyn King was asked by Caroline Hepker and Lizzy Burden how the potential next Prime Minister should be thinking about the economy.

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