Plus: Americans are handing over their stock portfolios to AI agents, Wall Street is questioning how long the data center boom lasts, and hedge funds are becoming the Treasury market's new anchor.
Plus: LIV Golf is heading toward bankruptcy, HSBC is cutting senior bankers at crisis-era levels, and job interviews now include proving you're not a North Korean deepfake
Plus: Citadel just had its best quarter ever, Advent and Stripe walked away from a $50 billion PayPal deal, and Drake's streetwear brand is now owned by a private equity-backed IP firm.
Plus: The SEC is probing Situational Awareness, Goldman is warning AI is eroding bankers' judgment, and Silicon Valley parents are keeping screens away from their own children.
Plus: A backflipping robot stock surged 600% in its market debut, national debt crossed $40 trillion, and Honey Deuce prices are not increasing this year.
Plus: Google bought bankrupt Spirit Airlines' emails for $10 million, UC offloaded PE stakes at a discount, and 25,000 New Yorkers are waiting to get their bodies scanned.
Plus: Anthropic is heading toward a $2 trillion IPO valuation, potentially the largest software buyout in history, and a hedge fund divorce just became a $6 billion negotiation.
Plus: BlackRock crossed $15 trillion, Stripe is bidding $53 billion for PayPal, and a dating app is replacing human choice with AI entirely.
Plus: Zyn can now be marketed as a safe alternative to cigarettes and Jalen Brunson is now a salad mogul.
Plus: Trump bought Axon stock right before a $220 million ICE Taser deal, Rocket Lab is trying to catch up to SpaceX, and the consultant's billable hour is under existential threat.
Plus: Anthropic drops Claude for Slack, Wimbledon debenture seats are now fetching over $500,000, and Oracle cut 21K jobs over the past year.
Plus: SpaceX disclosed $100 billion in cash, the stock still dropped 16%, and Bain & Co. is using AI vibe coding to build software replicas for private equity due diligence.
