Proprietary comp report by Overheard on Wall Street.
Harvard's endowment got rekt by private equity and hedge funds, but private equity professionals expect double-digit raises in 2024.
Private equity and venture capital firms from Silicon Valley to Wall Street are pumping millions of dollars into the psychedelic revolution. Investors are betting on the power of mind-bending drugs to transform mental health treatment and cut costs.
Plus: Wall Street bonuses saving NYC, real estate stocks get crushed on AI fears, junior analysts teaching boomer MDs AI, and private equity braces for a SaaSpocalypse.
Plus: Wealth manager stocks get crushed, Blackstone increases Anthropic stake, Vatican Bank launches stock indexes, and McKinsey hands off its investment arm.
Plus: Top geopolitical trends of 2026, the sleep cycle hack, and the story of Uber.
Plus: Apollo sets lending record, Sydney Sweeney rings the bell, NYC private school tuition set to top $70K, and Databricks completes raise at $134B valuation.
Plus: Dow 50k, Goldman is automating back office roles with Anthropic, Waymo is run by remote workers in the Philippines, and Goldman warns the stock selloff isn’t over.
Plus: Anthropic cooks FactSet and S&P Global stocks, KKR dives into pro sports, SpaceX gears up for IPO, HSBC swings the bonus axe, and a $7B hedge fund fortune is on the line.
Plus: Texas Instruments buys Silicon Labs for $7.5B, Elon emo posting, IPOs having their best week in 5 years, hedge funds pile into software shorts, and how fit do we need to be?
Plus: Disney names new CEO. Walmart crossed a $1 trillion market cap, and Bitcoin briefly slid below $73k.
Plus: SpaceX and xAI's $1.25 trillion merger, tariff deal with India sends stocks close to all-time highs, and the first big oil and gas deal of 2026 just happened.
Plus: Gold and silver post their worst day since 1980, silver tanks 30%, Bitcoin slides below $80,000, Apollo posts 18% retail returns, and Waymo eyes a $110 billion valuation.
Plus: software stocks slide into a bear market as Microsoft loses $357B, Apple surges on iPhone demand, and OpenAI races toward an IPO.
Plus: SpaceX eyes a $1.5T IPO, S&P 500 hits 7,000, Gold blasts past $5,500, and Robinhood races to get retail into Musk’s IPO.