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Plus: StubHub IPO flopped, China banned Nvidia chips, Workday popped after Elliott stake, Meta dropped new Ray-Bans, Jimmy Kimmel got canceled, and is it too late to buy gold?
Plus: Oracle, Silver Lake, a16z to buy TikTok, rate cut expected today, Google’s Gemini overtook ChatGPT, and JPM offering clients concierge perks from private jets to butlers.
Plus: Google joins $3T club, Barclays' $1B office renovation, wealthy Americans driving a $200B structured products boom, and NYC buses run slower than Central Park joggers.
Plus: Jon Gray says new analysts need to ‘work harder’ and be nice, StubHub’s IPO is reportedly 20x oversubscribed, and Cantor has doubled size of investment bank.
Plus: How to get rich, generational stock market cycle, and the snake chasing effect.
Plus: Opendoor moons 80%, record private equity firms turning into zombie funds, JPMorgan wants to build London’s largest office tower, and gold continues to soar.
Plus: Struggling hedge fund PMs the hottest new recruits on Wall Street, Elon dethroned as world’s richest man, Klarna’s successful IPO, and KKR, Blackstone's new Asian HQ.
Plus: Ellison could become richest man in the world after Oracle up ~30%, a new Ackman ETF, Cracker Barrel in hot water again, and Robinhood's new social media platform.
Plus: Robinhood on a generational run after joining S&P 500, KKR’s CFO is expecting PE consolidation, and the AI boom is leaving consultants behind.
Plus: The impact of AI on markets, pickleball and the bitcoin bull market.