Plus: The jobs report missed badly, private credit defaults hit a record, and inside one of Berkshire’s first big post-Buffett bets on housing.
Plus: Apollo outbid Castlelake on easyJet, Aschenbrenner invested $400 million a week after his fund nearly collapsed, and mortgage rates hit a new high.
Plus: SpaceX is at an all-time low, BC is eyeing LIV Golf, and the four biggest hedge funds were hit with cyberattacks in the same week.
Plus: The pulse of private equity, hedge fund outlook, and why feeling poor makes the rich spend more.
Plus: Airtable went from $11.7 billion to $2.25 billion, SpaceX disappointed on its first earnings report, and Jefferies keeps finding new problems in the same fund.
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.
