Capital One Financial (COF) shares are trading lower due to concerns about private credit and AI-exposed lending, impacting bank and asset-management shares. The market is concerned about Capital One’s card-centric model in a stressed credit environment and potential systematic risks in consumer credit, particularly after Blue Owl Capital’s decision to liquidate a large loan portfolio. COF’s stock is showing bearish technical indicators, trading significantly below its simple moving averages.
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Capital One Slips As Private Credit Jitters Spread
Capital One Financial (COF) shares are trading lower due to concerns about private credit and AI-exposed lending, impacting bank and asset-management shares. The market is concerned about Capital One’s card-centric model in a stressed credit environment and potential systematic risks in consumer credit, particularly after Blue Owl Capital’s decision to liquidate a large loan portfolio. COF’s stock is showing bearish technical indicators, trading significantly below its simple moving averages.