Exec Sum

The daily newsletter that curates major news spanning Wall Street to Silicon Valley, with a touch of humor and memes. Read by investment bankers, institutional investors, venture capitalists, and more.

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Recent

OnlySPACs

OnlyFans may go public through a SPAC, Axie Infinity got hit by a $600M rug pull, GM wants to produce more electric Hummers, Russia may pull back from Kyiv, the SEC is cracking down on SPACs, and there are too many jobs and not enough workers.

Musk Is Pumping Tesla Again

Tesla wants a stock split so it can issue a dividend, peace negotiators from both sides of the Russia-Ukraine conflict may have been poisoned, Walmart is ending cigarette sales in some stores, and Hong Kong bankers are getting paid.

Will Smith is: Rocky Balboa

Ukraine is ready to discuss neutrality, Biden is proposing a new tax on wealthy Americans, Germany is considering a missile-defense shield, Biden's approval rating hit an all-time low, and Instacart's valuation got insta-cut.

Uber Comes Full Circle

Uber will list all NYC taxis on its app, Google employees want more money, Marlboro is making plans to pull out of Russia, Toshiba shareholders reject plan to split the company, Ukraine struck the Russian Navy, Apple is working on a hardware subscription for iPhones, and airline CEOs want Biden to end the air mask mandate.

Moscow Exchange Partial Reopening

Ukraine's president wants to use oligarchs as negotiation middlemen, traders brace for the reopening of Russia's stock market, Amazon's NY workers want to unionize, USC pulls out of school rankings, Newsom is giving rebates to car drivers, and Walmart sues BJ Wholesale.