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: Brace yourselves, tariffs are coming Feb 1st, Netflix smashed earnings - stock jumped 14%, Wall Street's changing of the guard is here, and how Goldman is becoming PE.
Plus: Meta drops a CapCut competitor, the sector poised for a 2025 M&A boom, and Kevin O'Leary's secret to saving TikTok.
Plus: Trump becomes the latest crypto billionaire, TikTok restores service ahead of executive order expected today, and why JPMorgan paused hiring despite strong Q4.
From great money minds at Morningstar.
Plus: Amex fined for marketing violations, LeBron-advised investors seek $5B for new basketball league and a last-ditch effort to save TikTok.
Plus: Goldman, JPMorgan, Wells Fargo, and Citi all smashed earnings, TikTok sale could fetch $50B, and Southwest Airlines sued for being chronically late.
Plus: SEC going after Elon Musk, PE firms and Robinhood. Meta will lay off 5% of employees, OpenAI added a BlackRock exec to its board, and the latest on TikTok ban.
Plus: Goldman is all-in on private credit. Shake Shack is planning a monster expansion, and Biden is forgiving more student loans with days left in office.
Plus: Zuck wants America to embrace 'masculine energy.' California fires could be a $200B disaster, Carlyle eyes a comeback, and NYC congestion pricing worries restaurants.
Deep dive into the crypto universe.
Plus: AI could take up to 200k jobs on Wall Street, Blackstone bet $300M on AI, Jefferies tripled profit with IB rebound & TikTok faces US ban Jan 19 unless Supreme Court steps in.
Plus: Quantum stocks plunged, Delta ended its partnership with Lyft switching to Uber, eBay will join Facebook marketplace, and Yellen says the Covid stimulus caused inflation.
