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.
Plus: Oracle, Silver Lake, a16z to buy TikTok, rate cut expected today, Google’s Gemini overtook ChatGPT, and JPM offering clients concierge perks from private jets to butlers.
Plus: Opendoor moons 80%, record private equity firms turning into zombie funds, JPMorgan wants to build London’s largest office tower, and gold continues to soar.
Plus: Struggling hedge fund PMs the hottest new recruits on Wall Street, Elon dethroned as world’s richest man, Klarna’s successful IPO, and KKR, Blackstone's new Asian HQ.