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SWX:PGHN 3 June 2026

Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group shares plunged 16% to CHF 687.30 after capping withdrawals from its $8.6 billion Global Value SICAV fund, as redemption requests hit 9.8% of net asset value, nearly double the 5% quarterly limit; the move triggered sharp declines in peers EQT, CVC, and Bridgepoint, and marked the worst day on record for Partners Group shares, now down about 30% for the year.
3 June 2026
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Stock Market Today

  • Google's Gemini Co-Lead Noam Shazeer to Join OpenAI
    June 17, 2026, 11:32 PM EDT. Noam Shazeer, vice president of engineering at Google and co-lead of its Gemini artificial intelligence models, announced on Wednesday his departure to join OpenAI. Shazeer's move marks a significant shift between two major AI technology firms. Gemini is Google's latest advanced AI model initiative, while OpenAI is a leading research organization known for developing the widely used ChatGPT. This transition highlights ongoing competition and talent movement in the AI sector.

Latest articles

Wall Street Slips After Hours, Fed Flags Rate Risk

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S&P 500 plunged 1.2%, Nasdaq 1.3%, and Dow 507 points after the Fed held rates steady but signaled a possible hike, raising its 2026 rate forecast to 3.8% and PCE inflation projection to 3.6%; all 11 S&P sectors fell, megacap tech stocks slumped, and after-hours index ETFs stayed lower as traders face a shortened week before Juneteenth.
Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

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18 June 2026
Meta plunged 5.5% to $567.58, underperforming the Nasdaq, after the Federal Reserve signaled possible future rate hikes and a key Meta executive tied to AI-agent work departed, raising pressure on Meta to prove its costly AI investments can deliver returns as higher rates threaten future profit values.
Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

18 June 2026
Microsoft plunged 3.8% to $378.91—outpacing the Nasdaq’s 1.3% drop—as investors reacted to a possible 2026 Fed rate hike and mounting scrutiny over Microsoft’s soaring AI spending, with capex projected at $190 billion for 2026 and a shareholder lawsuit alleging inadequate Azure growth disclosures adding further pressure.
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