Top Wall Street news in 5 mins
Short Squeez consolidates must-know finance news daily in a punchy, entertaining format π
Connect
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.Β
Plus, Morgan Stanley ties investing to sports, private equity giants pour $50 billion into AI, Amazon beat earnings, and Carvana scores a record profit.
Plus, Trump Media overtook Musk's X, SMCI got rekt and dumped by EY, Reddit soared and Roaring Kitty is out of Chewy.
Plus, a big earnings week began with Alphabet smashing estimates, Trump Media and crypto surging on election bets. xAI eyeing $40B funding. Blackstone raised $22B, Reddit hit new highs.
The results from a new study that tracks the performance of both your investments as well as housing costs under both presidential candidates.
Why boomers are dropping up to $7.3M for a college-campus-style lifestyle, plus a huge week for earnings.
Learn from the best, but fit it in with the rest.
Fintechs are passing billions of loans to the very firms they sought out to replace, plus Elon Musk ended the day $26.4 billion richer.
Lime Rock Management achieved a remarkable 79x return on its 17-year investment in CrownRock, plus Goldfish changing its name.
What the husbands giving up their careers in private equity and investment banking say about the state of the 2024 economy, plus EY fires employees for cutting corners on training modules.
Apparently, HBO's 'Industry' skipped Finance 101. Plus Goldman warns S&P 500 growth may slow to 3% annually over the next decade.
Why Jefferies is paying some MDs $10M a year. Plus, Elon Musk is offering $1M a day to sway swing state voters but it may not be legal.
Meb Faber talks with Owen Lamont of Acadian Asset Management about stock market bubbles and more.