Tom Sosnoff (@Tomunderwater) just bought the Uber dip right after earnings, and he explained exactly how the trade pays him.
(From The Drift, filmed August 5, 2026)
BlackRock TCP Capital ($TCPC) is selling a $523M private credit loan portfolio to Pantheon to cut leverage and boost liquidity.
The reset comes at a cost. TCPC expects NAV to fall about 10.4% as pressure builds across private credit.
ConocoPhillips ($COP) rose today after Q2 EPS and revenue beat estimates.
The company generated $7.4B in operating cash flow, doubled buybacks and named CFO Andy O’Brien as its next CEO.