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.
Plus: Trump blacklists Anthropic, OpenAI raises $110B at $730B valuation, Moelis banker to plead guilty in insider trading case, and 42% of restaurants did not turn a profit last year.
Plus: Private equity's worst year since 2008, activists circling Blue Owl, and the NYC dating events where women pay $100, men pay $0, and women still outnumber men 3 to 1.
Plus: Wall Street bonuses saving NYC, real estate stocks get crushed on AI fears, junior analysts teaching boomer MDs AI, and private equity braces for a SaaSpocalypse.
Plus: Anthropic cooks FactSet and S&P Global stocks, KKR dives into pro sports, SpaceX gears up for IPO, HSBC swings the bonus axe, and a $7B hedge fund fortune is on the line.
Plus: Texas Instruments buys Silicon Labs for $7.5B, Elon emo posting, IPOs having their best week in 5 years, hedge funds pile into software shorts, and how fit do we need to be?
