Plus: Alphabet needs $80 billion to keep up in AI, Barry Diller wants to take MGM private, and a room full of billionaire heirs is paying to find meaning.
Plus: A $67 billion utility merger, BDCs pricing in Covid-level pain, and xAI stiffing its own employees on $420 tax reimbursements
Plus: A new Fed Chair, the biggest IPO in history on the horizon, and the DOJ probing private credit valuations.
Plus: Anthropic is closing in on a $900 billion valuation, eBay swatted away GameStop, and Goldman's own president is calling the bank a human assembly line.
Plus: JPM's sex scandal accuser rejected a $1M settlement, Anthropic is doing compute deals in space, and Wall Street is lining up data center IPOs.
Plus: Anthropic is coming for the analyst class, bots are taking over bond trading, and Morgan Stanley's Budapest operation is under federal scrutiny.
Plus: AI is lifting GDP, Nvidia and Meta had rough days, and Ozempic breath causing tailwinds in gum industry.
Plus: Ken Griffin is meeting with the governor, Mamdani is freezing city budget over private credit, and JPMorgan just became an Olympic sponsor.
Plus: A PE billionaire nearing $3.9 billion baseball team deal, bagel chains going national, and Nvidia still in the business of making overnight billionaires.
Plus: Record bank profits come with 5,000 layoffs, and Sydney Sweeney’s American Eagle campaign sends stock soaring.
Plus: Amazon takes aim at Starlink, Goldman creating a bitcoin ETF, and bank execs are telling everyone to stay calm about $100 billion in private credit exposure.
Plus: Blue Owl gates redemptions, KKR closes record $23B buyout fund, and Tesla woes continue.
