Major private equity stocks declined this week amid bond market turbulence, with Apollo Global falling 7.6%, KKR 6.1%, Blue Owl Capital 6.7% and Ares Management 2.6% over four days. Shipping stocks posted strong gains in August, with AP Moller up 21%, Frontline up 10.6% and the BOAT ETF rising nearly 10%. Micron hosted Jim Cramer at its Boise facility where CEO Sanjay Mehrotra emphasized that memory has become the strategic infrastructure for artificial intelligence, with the stock rising 4% following the visit.
Source: Read the original article
