Plus: David Protein faces class action lawsuit for understating calories as much as 83%, Qatari investors eye Papa John’s, and is the slop bowl era over?
Plus: Bank stocks selling off, emerging market stocks are place to be, Kalshi eyes $20B valuation and United Airlines bans passengers who refuse to wear headphones.
Plus: Baby-faced bankers could face termination over viral interview (FAFO), new Berkshire CEO investing his entire pay package in company stock, and OpenAI feuds with Anthropic.
Plus: Capital Group, KKR launch first PE fund for everyday investors, Blackstone employees buying the private credit dip, and Anduril valued at $16B in a round led by a16z/Thrive.
Plus: Dimon says AI could shrink the workweek to four days, oil prices jump most since 2022, Zuck buys $170M Miami house, and the most socially useful way to spend a $1B.
Plus: Trump blacklists Anthropic, OpenAI raises $110B at $730B valuation, Moelis banker to plead guilty in insider trading case, and 42% of restaurants did not turn a profit last year.