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.
A KPMG quarterly analysis of global private equity activity.
Plus: Kohl’s CEO fired over a romantic conflict of interest, Elon had a meltdown over Tesla replacing him, Apple and Amazon disappoint, and NY's first-ever inflation refund checks.
A sample portfolio to protect you in a recession.
Plus: Q1 GDP shrank but markets ended green after Trump called it 'Biden’s stock market,' Meta and Microsoft crushed earnings, DJ D-Sol is optimistic, and SPACs are back.
Plus: Amazon-Trump beef, Barclays bringing back tequila shots, Q1 GDP forecasts turn negative, Snap is down bad, and creator jobs are up 7.5x since the pandemic.
Plus: Apollo predicts recession by summer, the PELOSI Act to ban lawmaker trading is back, Shein plans price hikes up to 377%, and PE wants to redefine "accredited investor."
Plus: How China could send gold to $5,000, Buffett now owns more T-bills than the Fed, Neuralink and xAI chase huge valuations, and Morningstar’s 12 undervalued tech stocks.
In one devastating week, the U.S. government severed Nvidia’s China revenue artery while TSMC plunged a 30% cost dagger into its margins.
Plus: Harvard joins Yale in dumping PE investments, Jane Street took 10% of US equity market in 2024, Google crushed earnings, and Adam Neumann eyeing another IPO.
Plus: Trump's U-turn on Powell, Dan Loeb dumps Mag7, Bessent says China trade deal could take 2-3 years, and Trump Coin goes vertical after VIP dinner invite.
Plus: Trump won't fire Powell, Elon heading back to Tesla after earnings miss, QB Josh Allen joins VC firm, and Cantor Fitzgerald's latest venture with Softbank.
Plus: Dow faces worst April since Great Depression after Trump calls Powell "major loser," Harvard's cuts could unravel Boston economy & why the real Trump trade is 'Sell America.'
