Plus: Duolingo soared 19% after-hours, Carlyle reported a 12x jump in exits, Apple popped on news of its $100B U.S. investment, and Gowanus is becoming the next Williamsburg.
Plus: OpenAI hits $500B, Trump rejected by JPM and BofA, Wall Street bonuses expected to come in higher this year, and the new app replacing your name with your net worth.
Plus: Palantir crushed earnings, Musk not the only billion-dollar CEO, American Eagle up 24% after Trumpβs Sydney Sweeney post, and JPMβs charging bankers for gym access.
Plus: The rise of private markets, private equity poised for a rebound, and are investors complacent?
Plus: 40% of McKinseyβs revenue is now from AI, Swiss tariffs will raise Rolex prices, Goldman buying HaΜagen-Dazs, and how flying private became the ultimate wealth flex.
Plus: Reddit is mooning again, Apple beat, Amazon disappointed, and MSFT joined the $4T club, Trump slapped 35% tariffs on Canada, and Dimon and Trump squashed beef.
Plus: Microsoft and Meta fuel $500B gain in AI stocks, LPs have had enough of continuation vehicles, and Tariff deals bringing investors back into U.S. stocks.
Plus: Blackstone exec among those killed in Manhattan shooting, automation is coming for junior roles in PE, and OpenAI launched a Study Mode in ChatGPT.
Plus: New S&P bull target, 32% jump in Dubai investment firms, private credit bails out an Ivy, Carlyleβs succession shakeup, IPOs are back, and Dimon not happy with Plaid.
Plus: Mercedes-Benz puts Microsoft Teams in cars, Goldman pauses layoffs, Blackstone tops $1.2T AUM, and the 5Β’ meme stock behind 15% of US trading volume.
Plus: Buffett's intangible moats, tech investor outlook, and 7 habits to end the day.
Plus: You can now Venmo the Treasury to pay off the national debt, Lazard CEO wonβt make analysts sign affidavits, and Blackstone's IPO pipeline strongest since 2021.
