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"Redemption wave" sweeps the U.S. private credit industry, PE giants' stock prices fall across the board

"Redemption wave" sweeps the U.S. private credit industry, PE giants' stock prices fall across the board

``` The US private credit market is facing a concentrated liquidity stress test. Ares Management and Apollo Global Management have both announced restrictions on redemption requests from their private credit funds, sparking widespread concerns in the market and causing shares of several alternative asset management giants to drop. On Monday evening,

OpenAI plans to shut down the Sora video platform, and its nonprofit division hopes to spend $1 billion in 2026.

OpenAI plans to shut down the Sora video platform, and its nonprofit division hopes to spend $1 billion in 2026.

OpenAI plans to shut down its video platform Sora. This product attracted widespread attention when it was launched last year, but has since faded from public view. This move is part of a series of adjustments by OpenAI to refocus on business and programming functions, ahead of a possible IPO

AI autonomous decision-making power expands, Anthropic introduces automatic mode for Claude Code

AI autonomous decision-making power expands, Anthropic introduces automatic mode for Claude Code

``` Anthropic is giving its AI programming tool greater autonomy while trying to balance efficiency and safety. On March 24, Anthropic announced the launch of "auto mode" for Claude Code, allowing the AI to determine which operations can be executed directly without waiting for individual user approval. This feature

Proposed bill may restrict stablecoin "interest-bearing," Circle plunges nearly 20%, marking the largest single-day drop in history.

Proposed bill may restrict stablecoin "interest-bearing," Circle plunges nearly 20%, marking the largest single-day drop in history.

``` Stablecoin issuer Circle's stock price plummeted after the latest version of a bill named the "Clarity Act" indicated that it may restrict yields on stablecoin balances. Circle's stock once fell by 19%, marking its largest single-day decline in history. The previous biggest drop occurred

Software stocks plunge again! Amazon’s new tool triggers chain reaction; software ETF plummets 4%, annual decline widens to 23%.

Software stocks plunge again! Amazon’s new tool triggers chain reaction; software ETF plummets 4%, annual decline widens to 23%.

``` The software sector suffered a major blow on Tuesday, as multiple negative factors combined to reignite market concerns about artificial intelligence disrupting the traditional software business model. On March 24, The Information reported that Amazon's cloud computing division AWS is developing AI agents to automate roles such as

Microsoft leases Texas data center abandoned by Oracle and OpenAI, partners with Nvidia on nuclear-powered AI collaboration.

Microsoft leases Texas data center abandoned by Oracle and OpenAI, partners with Nvidia on nuclear-powered AI collaboration.

``` Microsoft is accelerating the expansion of its AI infrastructure landscape, taking in the “abandoned projects” of its competitors. According to Bloomberg, citing sources, Microsoft has agreed to lease a data center project in Texas, which was originally developed by Oracle and OpenAI, but both companies eventually abandoned related negotiations. This

Haidilao, facing a decline in table turnover rate, is starting to set the stage for its "side businesses."

Haidilao, facing a decline in table turnover rate, is starting to set the stage for its "side businesses."

``` Against the backdrop of intense competition in the food and beverage market, even industry leader Haidilao is undergoing a deep structural adjustment. On March 24, Haidilao released its full-year 2025 financial report: annual revenue reached 43.225 billion yuan, maintaining a steady growth of 1.1%. However, the main brand