Plus: JPM's sex scandal accuser rejected a $1M settlement, Anthropic is doing compute deals in space, and Wall Street is lining up data center IPOs.
Plus: Anthropic is coming for the analyst class, bots are taking over bond trading, and Morgan Stanley's Budapest operation is under federal scrutiny.
Plus: GameStop swung for a $56B acquisition it couldn’t explain how to pay for, Palantir is growing faster than ever, and someone stole $80K of mac & cheese from Chick-fil-A.
Plus: GameStop is bidding for eBay, Spirit Airlines shut down, and KKR just raised $10 billion for AI infrastructure.
Plus: AI is lifting GDP, Nvidia and Meta had rough days, and Ozempic breath causing tailwinds in gum industry.
Plus: Powell is staying put, Blackstone is rolling out a dedicated AI division, and junior bankers are automating themselves out of the grunt work.
Plus: Crypto market review, private market secondaries are booming, and the best exercise for longevity.
Plus: Ken Griffin is meeting with the governor, Mamdani is freezing city budget over private credit, and JPMorgan just became an Olympic sponsor.
Plus: The OpenAI-Microsoft relationship just got a lot more complicated, Ackman is finally going public today, and an electric air taxi just flew from JFK to Manhattan.
Plus: Intel just had its best day in nearly four decades, Jane Street out-earned every bank, and Google is doubling down on Anthropic.
Plus: Celebrity athletes are backing PE funds, the government may buy Spirit Airlines, and both Microsoft and Meta are trimming headcount for AI.
Plus: Thoma Bravo's $5B equity wipeout, Google Cloud launching a $750M fund for consultants, and Wall Street is selling sophisticated quant trading to the masses.
