Plus: 50-year mortgages, millionaires value trainers/therapists more than wealth advisors, crypto winter is here, and banks reversing ESG pledges.
Plus: Google to integrate Kalshi, Tesla shareholders approved Elon Musk’s $1 trillion pay plan, Cathie Wood trimmed her 2030 Bitcoin target, and “vibe coding” was named Collins Dictionary’s word of the year.
Plus: A “tremendous backlog” of big M&A deals, why Bain Capital is avoiding data center investments, and NYC now has a 12-minute helicopter to shuttle suburbanites.
Plus: Amazon hits ATH on OpenAI deal, Kimberly-Clark buys Tylenol, Millennium sells 15% stake, Jensen's favorite diner goes private, and why the best bankers are worth paying for.
Plus: Marathon times are becoming the new status symbol for Wall Street’s elite, UBS may be relocating to the U.S., and how AI could make toxic bosses even worse.
Plus: Snowflake CRO drops unapproved guidance in a street interview, Companies trying to grow without hiring, the case against bonds, and microshifting the future of work.
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.
