Plus: Meta pops on Metaverse unit cuts, PE exec David Gentile released after just 12 days served, and Jane Street books a windfall tied to a massive Anthropic bet.
Plus: Dollar Tree is winning wealthy customers over, Capital Group will enter private assets, and HSBC gunning to become a top five global bank.
Plus: Sam Altman declares “code red”, Trump crypto firm lost half its value in just 30 minutes, and the brothers who are co-heads of Goldman’s Latin America business.
Plus: Nvidia invests $2 billion in Synopsys, Steve Cohen wins approval for casino near Mets stadium, Blackstone exits Vegas resorts, and Strategy in damage control after BTC sell-off.
Plus: Softbank's kamikaze bet on OpenAI, how to be more strategic, and why we always want more.
Plus: Record year for megadeals, SEC will investigate Jefferies over First Brand collapse, and why high schoolers are ditching the Ivy League for the SEC.
Plus: Campbell’s exec fired over rant about poor people, JPMorgan thinks S&P 500 could hit 8,000 (18% upside) next year, and why the era of “low-quality returns” is over.
Plus: Nvidia drops questionable "I’m not Enron" memo, State Street roasts JPMorgan's biggest ETF in email to clients, and macro traders on track for biggest haul in 16 years.
Plus: Stocks soared thanks to Google's rally, Larry Page becomes 2nd richest in the world, Ray Dalio thinks pod model won’t last, and Burry launches a paid newsletter.
Plus: The economics of AI scale, mastering the markets, and the world's oldest asset.
Plus: Eli Lilly joins $1T club, private equity firms are flooding the junk-debt market to pay themselves, and more buyout pros are debating leaving the industry.
Plus: S&P 500 has biggest reversal since April, Bitcoin in free fall, Ray Dalio warns of bubble fears, and KKR raises a new fund.
