Plus: Mamdani wins NYC race, Karp calls Burry “bats*** crazy,” Bitcoin slips below $100K, bankers expected to get 12% bigger bonuses, and Papa John’s is down bad.
Plus: Marathon times are becoming the new status symbol for Wall Street’s elite, UBS may be relocating to the U.S., and how AI could make toxic bosses even worse.
Plus: Fed cut 25bps, Meta dropped 8%, Nvidia joined $5T club, Target Zoom call mishap, Fiserv cratered after slashing guidance, and a trader bet $21M on a 30% SPY rally in 2026.
Plus: MANGO is the new FAANG, KKR bullish on private jets, and the cold war between banks and private credit just turned hot after Dimon's "cockroach" jab.
Plus: Oura hit an $11 billion valuation, Papa John’s ripping on Apollo take-private report, Goldman warns of more AI-driven job cuts, and Brooklyn Mirage will be demolished.
Plus: Attending a wedding now costs as much as a month’s rent, Dimon worried about market correction, animal spirits back in M&A, and Nvidia and Silver keep mooning.
Plus: Gold hits $4,000 with no end in sight to rally, Carlyle dropped its own job report, Deloitte caught using AI, and Trilogy Metals jumped over 200% after the U.S. took a stake.
Plus: M&A creates America’s ninth-largest bank, the Ferrari-loving trader who burned Wall Street with an 11,000-to-1 bond bet, and Bill Ackman says he’s “uncancelable”
Plus: Bridgewater on track for best year since 2010, Steve Schwarzman feuding with British neighbors, and a deep dive on the mysterious Jane Street billionaire.
Plus: KKR, Blackstone make $17B AI bets, Nvidia’s latest headache is sitting on too much cash, Tether's $500B valuation and OpenAI’s first data center is open in Texas.
Plus: $100K H-1B fee sparks confusion and panic, SMBC ups its stake in Jefferies to 20%, Dalio is bullish on gold, and is the lock-in season trend valuable or just hype?
Plus: Cardlytics soared 93% after Citron Research used ChatGPT to tweet out a bullish call, and how Larry Ellison made $365 billion by breaking every wealth management rule.