Plus: VC firms are seeing higher partner turnover, Nissan and Honda's $58B merger, Container Store filed for bankruptcy, and Squid Game 2 drops on Dec 26.
Plus: Zelle sued for fraud, Goldman thinks pro teams are too expensive for billionaires, private credit market could hit $40T in 2030, and RFK Jr. spotted in jeans at NYC Equinox.
Cryptocurrencies may be well suited to trend-following approaches.
Plus: M&A volume hit $3T in 2024, Luigi Mangione was hit with a federal murder charge, facing death penalty, and Blackstone dropped a holiday video (country) banger.
Plus: Barclays boosting bonuses by 20%, Grammarly bought Coda, Americans under 40 are richer than ever and miserable, and you can call and text ChatGPT now.
Plus: Brace yourselves, rate cuts are coming today. Nissan and Honda are in merger talks, Databricks raised $10 billion in VC funding, and how much Elon is making from DOGE.
Plus: Nvidia enters correction territory, Fed expected to announce one final rate cut tomorrow, Bitcoin moons above $107k, and the inexpensive watch with Rolex DNA.
Plus: Broadcom becomes a $1 trillion company, SEC charged Cantor Fitzgerald, OpenAI whistleblower is dead, and MicroStrategy will join the Nasdaq 100.
Firing on all cylinders.
Plus: Bezos matched Zuck's $1M contribution to Trump. Buzzfeed sold Hot Ones for $82M, Stanley will recall 2.6 million mugs, and Carlyle done with luxury bets.
Plus: Nasdaq hit 20,000, Luigi Mangione support fundraisers were yanked, Macy's gave update on employee who hid $151M, and Zuck gave $1 million to Trump.
Plus: Insurance stocks get rekt after the UNH saga. "These parasites had it coming," wrote the killer. Trump vowed rewards for $1B+ US investments, and Spotify's ascent to $100B.
