Plus: Bezos vs. Musk shifts to space data centers, Marc Rowan sees market makers coming for private credit, Oracle burns $10B on AI, PE leans on secondaries to avoid a crash.
Plus: Bitcoin decouples from stocks, silver prices have doubled, China’s Nvidia rival up 425%, KKR pushes deeper into sports, and Dimon says Europe has "a real problem."
Plus: Meta pops on Metaverse unit cuts, PE exec David Gentile released after just 12 days served, and Jane Street books a windfall tied to a massive Anthropic bet.
Plus: Sam Altman declares “code red”, Trump crypto firm lost half its value in just 30 minutes, and the brothers who are co-heads of Goldman’s Latin America business.
Plus: Goldman on track for best year in 24 years, Thiel dumps Nvidia, Uncle Sam outperforming the S&P 500, and more than half of US homes lost value in the past year.
Plus: Goldman made $110 million on EA's LBO, ghost jobs are complicating the job market, and why Anthropic is becoming profitable much faster than OpenAI.
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.
