Plus: Trump wants to replace Powell, Meta looking to invest $10B in Scale AI, CalPERS PE portfolio is booming, and Lululemon down bad after a historic rout.
Have you ever found yourself holding onto someone who couldn’t fully open up to you?
Plus: Trump and Elon's bromance goes nuclear, TSLA got rekt, Circle rose 168% in blockbuster IPO, Silver’s catching gold’s rally, and a VC is offsetting Trump's research cuts.
Plus: America's 560k new millionaires, JPMorgan will let clients borrow against crypto, and Thoma Bravo raises a massive $34.4B across three funds.
Plus: Nvidia reclaims world's most valuable company, PE's backlog nears 30,000 unsold companies, Wells Fargo allowed to grow again after scandal, and Temu down bad.
Plus: Subway-owner buys Dave's Hot Chicken for $1B, Equinox and SoulCycle sued for making it hard to cancel memberships, and are AI data centers the next bubble?
Plus: S&P 500 posts best month since 2023, 78% companies beat earnings, Zuck's made $1B in Meta dividends, and Jamie Dimon is sounding the alarm on the bond market.
Goldman Sachs Research expects gold prices to be propelled by multi-year demand from central banks.
Thank you for 500K on Instagram and 1M+ across all platforms.
Plus: Trump and Powell finally meet, Grammarly raised $1B from General Catalyst, Victoria's secret goes dark after security breach, and Apollo partners with major U.S. banks.
Plus: Nvidia beats earnings (yawn), stock pops 5%, Trump’s reciprocal tariffs get blocked, Elon exits the White House, and Hailey Bieber lands a unicorn exit.
Plus: PE fundraising plunges 35%, Citadel Securities profits jump 70%, McKinsey cut more than 10% of its staff, and Salesforce bought Informatica for $8 billion
