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.
Plus: AI anxiety is killing debt deals, Miami is flashing 2006 warning signs, and OpenAI is prepping for an IPO.
Plus: Ackman's Pershing Square files for IPO on the NYSE, Oracle rips 9% after-hours, and former Goldman CEO Lloyd Blankfein on DEI.
Plus: Anthropic sues White House, hedge fund war for talent is heating up, and Goldman, Citi, and Morgan Stanley letting staff in UAE relocate.
Plus: Bank stocks selling off, emerging market stocks are place to be, Kalshi eyes $20B valuation and United Airlines bans passengers who refuse to wear headphones.
Plus: Baby-faced bankers could face termination over viral interview (FAFO), new Berkshire CEO investing his entire pay package in company stock, and OpenAI feuds with Anthropic.
Plus: Netflix bows out of WBD deal, Nvidia sinks 5% despite beating earnings, and are we seeing 2008 vibes from private credit?
Plus: Another Nvidia earnings beat, UBS warns private credit default rates could hit 15%, and private equity’s risky $1.1 billion bet on hospice care.
Plus: Jane Street accused of insider trading, AI can predict 71% of active fund trades, Anthropic coming after Wall Street, and does an MBA still deliver a return on investment?
