Plus: Oracle, Silver Lake, a16z to buy TikTok, rate cut expected today, Googleโs 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 โwork harderโ and be nice, StubHubโs 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 Londonโs largest office tower, and gold continues to soar.
Plus: Struggling hedge fund PMs the hottest new recruits on Wall Street, Elon dethroned as worldโs richest man, Klarnaโs successful IPO, and KKR, Blackstone's new Asian HQ.
Plus: Ellison could become richest man in the world after Oracle up ~30%, a new Ackman ETF, Cracker Barrel in hot water again, and Robinhood's new social media platform.
Plus: Robinhood on a generational run after joining S&P 500, KKRโs CFO is expecting PE consolidation, and the AI boom is leaving consultants behind.
Plus: The impact of AI on markets, pickleball and the bitcoin bull market.
Plus: Wellington Management wants you to know who they are, Elonโs trillion-dollar comp package, the ultra-wealthy flocking to Italy, and why โThe Great Lock-Inโ is trending.
Plus: Carlyle raises $20B for secondary stakes, Kelce bros beer company hits $200M, Lulu down bad, and Goldman warns Gold could hit $5K if Fed independence compromised.
Plus: American Eagle pops 25% thanks to Sydney Sweeney, bankers are bracing for the busiest IPO week of the year, and former Jefferies exec launches own investment bank.