Plus: Trump made $1.2 billion from crypto, China is getting left behind in AI, and hedge funds are fleeing tech at record speed.
Plus: Zyn can now be marketed as a safe alternative to cigarettes and Jalen Brunson is now a salad mogul.
Plus: Trump bought Axon stock right before a $220 million ICE Taser deal, Rocket Lab is trying to catch up to SpaceX, and the consultant's billable hour is under existential threat.
Plus: OpenAI delaying going public, SpaceX's bondholders are already underwater, and MBA salaries are sliding
Plus: New twist in Dimon's succession race, Ares is rationing redemptions, and Apple is blaming AI for your next MacBook price hike.
Plus: JPM trashcan thief returns stolen goods and gets slapped with $175 in fines. Wendy's heads to the moon, and a Chicago skyscraper defaulted on Blackstone.
Plus: Anthropic drops Claude for Slack, Wimbledon debenture seats are now fetching over $500,000, and Oracle cut 21K jobs over the past year.
Plus: SpaceX disclosed $100 billion in cash, the stock still dropped 16%, and Bain & Co. is using AI vibe coding to build software replicas for private equity due diligence.
Plus: Record money is flooding into tech stocks, the memory chip shortage is touching even Apple, and Vegas has quietly priced out the bargain hunters.
Plus: Blankfein is day-trading without a computer, private credit redemptions keep accelerating, and Allbirds' AI rebranding.
Plus: IPO szn heating up, Thoma Bravo is down bad, a hedge fund lost $50B snubbing Nvidia for Adobe, and Florida is building luxury hotels for space tourists.
Plus: Bain made 20x ($15 Billion) on a chip bet, four MIT grads in their mid-20s just became billionaires, and SpaceX passed Amazon in market cap.
