Plus: Apollo emerging as early winner in private credit panic, Michael Burry is flashing bubble warnings, and Lime files to go public.
Plus: GameStop is bidding for eBay, Spirit Airlines shut down, and KKR just raised $10 billion for AI infrastructure.
Plus: Powell is staying put, Blackstone is rolling out a dedicated AI division, and junior bankers are automating themselves out of the grunt work.
Plus: Intel just had its best day in nearly four decades, Jane Street out-earned every bank, and Google is doubling down on Anthropic.
Plus: SpaceX strikes $60 billion deal for the right to buy coding startup Cursor, Netflix is buying studio lots at distressed prices, and the Fed's next chair is already drawing lines.
Plus: Anthropic’s new model is already moving stocks, private credit redemptions keep climbing, and retail investors are getting a shot at the OpenAI IPO.
Plus: TACO trade would've made you 52%, Meta drops new AI model, and incoming Tesla-SpaceX merger?
Plus: Hedge funds dumping global stocks at fastest pace in 13 years, Maine banning data centers, and more Americans are breaking into the upper middle class than ever before.
Plus: Nike CEO vents about poor earnings, how much sleep bankers are actually getting, Ken Griffin's plan to reshape Miami, and more private credit trouble at KKR.
Plus: Private credit is cracking with Ares, Apollo, and now a KKR fund downgraded to junk, and Jefferies receives takeover interest from SMFG.
Plus: Apollo caps withdrawals on private credit fund, OnlyFans owner dead, OpenAI offering PE 17.5% returns to compete with Anthropic, and BX wants to invest in India's IPL.
Plus: Capital Group, KKR launch first PE fund for everyday investors, Blackstone employees buying the private credit dip, and Anduril valued at $16B in a round led by a16z/Thrive.
