Plus: JPMorgan is committing $750 billion to housing, Palantir's commercial revenue nearly tripled, and boomers are sitting on $1 trillion in unwanted art.
Plus: Musk lost $646 billion from his peak net worth, Jefferies keeps finding new private credit problems, and Ares just had its best fundraising quarter ever.
Plus: Jersey Mike's stumbles on IPO day, US economic growth slowed unexpectedly but Microsoft had its best day in nearly two decades.
Plus: The Fed held but three officials dissented, Anglo is offloading De Beers at a fraction of what it paid, and DoorDash is building its own drones.
Plus: Apple hit $5 trillion, a former Citi banker got 30 years, and nearly half of New York's bus riders aren't paying.
Plus: Lebron to commute to Philadelphia by helicopter, Nvidia backstop causes tech sell-off, Ares looking to buy Leonard Green, and Chirayu Rana is back with another lawsuit.
Plus: Anduril nearly doubled its valuation in months, Goldman's COO is fighting over trees at his $32 million estate, and KPMG is training interns at its $450 million facility.
Plus: Mapping the world's prices, next energy crisis, and is Pinduoduo the best investment?
Plus: Tesla just had its worst single-day market cap loss, peptides about to go more mainstream, and Substack is betting on humans.
Plus: OpenAI is building a $30 billion data center in Georgia, $348 billion is trapped in zombie funds, and Mediterranean yacht rentals are cratering.
Plus: Dimon says he wouldn’t touch stocks or Treasuries, Goldman is chasing the next SpaceX for its rich clients, and Carlyle is quietly unwinding an ESG bet.
Plus: KKR is taking losses in China, Trump Jr. is investing in federal contractors, and Miami just passed New York on cost of living.
