PE is looking to LBO little league sports, Apple and Nvidia are set to invest in OpenAI, Intel is in its flop era, X might be banned in Brazil soon, and the Dow closed at a new all-time high.
Nokia released a 'dumb' phone for Gen Z, Two Sigma's co-founders stepped down, Berkshire Hathaway hit a $1T market cap, OpenAI is seeking a $100B+ valuation, and Nvidia once again kept the US stock market afloat...literally
NFL voted to allow PE investments, Hindenburg shorted Super Micro, Intel's struggles are causing cracks in their board, US companies are tweaking DEI policies, and China is planning a major bond market intervention.
Biden admin 'repeatedly pressured' Meta to censor content, France released a statement on Telegram co-founder's arrest, Dow closed at a record high, and Eurizon's CEO sees currency as the only market risk that's not priced in.
PE firms are hitting the brakes on China deals, Telegram's co-founder was arrested in France, CU Boulder football sought NIL funding from the Saudis, and Crayola trademarked the smell of its crayons.
Diddy was an investor in Musk's Twitter LBO, Chick-fil-A is launching a streaming service, US law firms are offering fat bonuses for talent referrals, and a bank CEO got 24 years after falling for a crypto scam that collapsed his bank.
US job growth was revised massively downwards, China is battling record-low yields, BlackRock support for ESG measures hit a new low, Western Asset's CIO is under investigation, and Walmart sold its entire JD.com stake.
Traders are levering up on rate cut bets like never before, a federal court struck down the 'noncompetes' ban, CrowdStike is salty about rivals picking up their scraps, and Musk's Twitter LBO is now the worst deal for banks since 2008.
Firms re-listing in US are seeing valuation boosts, investors are piling back into stocks, more Americans are concerned of job security, and Harley-Davidson dropped DEI efforts.
NFL will meet to discuss PE ownership, SEC was accused of censoring research, RBC countersued their ex-CFO, global stocks capped off a mega week, and US start-up failures are surging.
Bank of America will sponsor the 2026 FIFA WC, money-market assets rose to a new record, Dalio Family Office's CIO unexpectedly resigned, EY and KPMG are picking up PwC's China scraps, and Starbucks' new CEO is living the dream.
The VIX is falling at record pace, BofA urged bankers to report overwork after a scathing report, Millennial wealth is surging, and hedge funds continue to lean into AI amid portfolio reshuffles.
