Plus: Nasdaq down 10.4% in Q1, OpenAI is worth $300B after $40B round, Blackrock CEO plays therapist in annual letter, and Harvard could lose $9B in federal funding.
Plus: European stocks are crushing U.S. ones, Gold hit $3,100, recession odds up to 35%, Musk calls Tesla slump โbuying opportunity,โ and real estate funds took a record 21.8 months to close.
Plus: Consumer sentiment down bad, Gold hit $3k, CrossFit for sale again, Bessent says a correction is "healthy," and UBS bans staff from WFH on both Friday and Monday.
Plus: Jamie Dimon changing tune on tariffs, China is "laughing" at U.S. trade war, Manhattan median rent hits $4.5K, and Oracle could buy TikTok.
Plus: Walgreens strikes take-private deal, Bridgewater dropped an ETF, Trump paused most Canadian and Mexico tariffs, SBF's in-prison interview, and dealmakers' 2025 outlook.
Plus: DOGE going after McKinsey, Walgreens nearing private equity deal, Goldman axing VPs, and why your grocery bill is about to go up.
Plus: MrBeast valued at $5 billion, PE deals are down 53% YoY, Costco is going big, and how YouTube became podcast king.
Plus: The Pentagon told employees to ignore Elonโs "What did you do last week?" email, UNH is back in the spotlight, Nvidia earnings this week, and private credit billionaires.
Plus: Trump's 'goal' to abolish the IRS, 49ers exploring PE investment, McKinsey says RTO wonโt make workers more productive, and Amazon takes over 007.
Plus: Microsoft created a new state of matter, X's valuation is back at $44B, Nikola filed for bankruptcy, and who got the biggest pay bump on Wall Street.
Plus: New tariffs on steel, Trump wants to get rid of pennies, Trader Joe's capping egg sales, Musk says no to TikTok and BP is being targeted by an activist investor.
Plus: Palantir becomes a $200B company, Google missed earnings, Citi is still embracing a hybrid working, and Apollo launches new private equity plans.