Plus: Jury says BNP Paribas helped fund Sudan’s genocide, water is a fine dining experience now, and women-focused wellness resorts are the next big thing.
Plus: Meta–Blue Owl in record $30B deal, Gucci owner offloads beauty arm to L’Oréal for $4.7B, AI drives up SF rent, and bankers complain about cramped spaces in JPM's new HQ.
Plus: Oura hit an $11 billion valuation, Papa John’s ripping on Apollo take-private report, Goldman warns of more AI-driven job cuts, and Brooklyn Mirage will be demolished.
Plus: The finance nerd who might be college football’s next breakout quarterback, JPM requiring biometric scans at new HQ and Citi says buy the Oracle dip (sees ~40% upside).
Plus: Chamath's new SPAC is 5x oversubscribed according to him, Citi requiring workers to master AI-prompt writing, and Ken Griffin gets the green light for Midtown’s tallest tower.
Plus: Largest ever LBO could be announced this week, Vista is underwriting debt for portcos and collecting fees, start-ups go shoeless, and Apple tests a ChatGPT-like app.
Plus: A new meme stock dropped, Nvidia investing $100B in OpenAI, Oracle named two new co-CEOs and will control TikTok’s algo & marriage is fast turning into a luxury good.
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: 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: KKR renegotiating terms with LPs, Bullish rips 84% in IPO, Cava, Chipotle are in salad bowl recession, PwC monitoring office attendance, and US alcohol use hits 90-year low.
Plus: Elon and Altman beefing again, Perplexity wants to buy Chrome for $35B, Spirit Airlines & Kodak warn they may go out of business, and Cava down bad after earnings.
