Plus: Carlyle makes 5x return on data center power unit, Goldman bans staff from prediction market bets, and US venture capital just had its best half-year ever.
Plus: Nvidia lost $1 trillion in market value and is now its cheapest since before the AI boom, Blue Origin valued at $130 billion, and BofA is lending OpenAI half a billion.
Plus: SpaceX is already trading below its opening price, HSBC is pulling back from risky private credit, and 57,000 rent-stabilized apartments sit empty in NYC.
Plus: Microsoft is cutting thousands of jobs, elite students are ditching banking for startups, and New York is building apartments at a pace not seen since 1965.
Plus: Singapore is becoming a major Wall Street hub, Balogun red card rescinded after Trump call, and Elliott is minting the next generation of hedge fund giants.
Plus: JPMorgan is paying for Charlie Javice's gummy bears, Ken Griffin bought an entire Miami condo building, and bowlers are mad about private equity.
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.
