Plus: KKR, Blackstone make $17B AI bets, Nvidia’s latest headache is sitting on too much cash, Tether's $500B valuation and OpenAI’s first data center is open in Texas.
Plus: A new meme stock dropped, Nvidia investing $100B in OpenAI, Oracle named two new co-CEOs and will control TikTok’s algo & marriage is fast turning into a luxury good.
Plus: $100K H-1B fee sparks confusion and panic, SMBC ups its stake in Jefferies to 20%, Dalio is bullish on gold, and is the lock-in season trend valuable or just hype?
Plus: The macro case for crypto, AI will not make you rich, and Ferrari status.
Plus: Cardlytics soared 93% after Citron Research used ChatGPT to tweet out a bullish call, and how Larry Ellison made $365 billion by breaking every wealth management rule.
Plus: StubHub IPO flopped, China banned Nvidia chips, Workday popped after Elliott stake, Meta dropped new Ray-Bans, Jimmy Kimmel got canceled, and is it too late to buy gold?
Plus: Oracle, Silver Lake, a16z to buy TikTok, rate cut expected today, Google’s Gemini overtook ChatGPT, and JPM offering clients concierge perks from private jets to butlers.
Plus: Google joins $3T club, Barclays' $1B office renovation, wealthy Americans driving a $200B structured products boom, and NYC buses run slower than Central Park joggers.
Plus: Jon Gray says new analysts need to ‘work harder’ and be nice, StubHub’s IPO is reportedly 20x oversubscribed, and Cantor has doubled size of investment bank.
Plus: How to get rich, generational stock market cycle, and the snake chasing effect.
Plus: Opendoor moons 80%, record private equity firms turning into zombie funds, JPMorgan wants to build London’s largest office tower, and gold continues to soar.
Plus: Struggling hedge fund PMs the hottest new recruits on Wall Street, Elon dethroned as world’s richest man, Klarna’s successful IPO, and KKR, Blackstone's new Asian HQ.
