A rising stock market has boosted KKR's boom-era buyout fund to a new level of profitability, KKR said Thursday, as it reported first-quarter results that topped Wall Street expectations.

That milestone for KKR's $17.6bn fund, which fueled some of history's biggest leveraged buyouts, combined with a new dividend policy that KKR announced Thursday, helped push the firm's shares to an all-time high.

A rising stock market has boosted KKR's boom-era buyout fund to a new level of profitability

The Wall Street Journal

Dollar General

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

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The retail trading platform posted a profit of $386 million for the quarter.

Robinhood Second-Quarter Revenue Rose on Transaction Sales Growth

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WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

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Bosses aren’t just unapologetic about staff cuts. Many are touting shrinking head counts as accomplishments in the AI era.

CEOs Trumpet Smaller Workforces as a Sign of Corporate Health 

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The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

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The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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KKR rides stock-market surge

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