US stocks slipped from ATHs yesterday as traders digested prolonged US-Iran negotiations

Broadcom beat Q2 earnings estimates but missed on revenue despite a 48% surge on demand for custom AI chips, including Google's TPUs (CNBC)

CrowdStrike issued a Q1 beat-and-raise as 'the worlds of cybersecurity and frontier AI collide' (CNBC)

Macy's issued a beat-and-raise on its strongest Q1 growth in four years amid a high-stakes turnaround effort (CNBC)

GameStop posted record quarterly profit on a 65% surge in its collectibles business as it adapts to consumers buying video games digitally (WSJ)

What we're watching this week:  

Full calendar here

Anthropic also picked Morgan Stanley and Goldman Sachs to lead its historic IPO

Trade event contracts on Polymarket, the world's largest prediction market

Iran war may end in interim deal (RT)

Gulf states are in talks for an oil pipelines to bypass Hormuz (FT)

Private payrolls grew by the most since January 2025 (CNBC)

Quant traders generated a combined $114B in revenue last year (FT)

Bank of America will hire 4k interns and analysts despite AI fears (RT)

Jamie Dimon will pitch JPMorgan's ultra-rich clients on SpaceX IPO (BBG)

Jefferies becomes go-to arranger of SpaceX shorts after IPO snub (BBG)

Greg Abel puts stamp on Berkshire Hathaway with pair of megadeals (WSJ)

Holly Kim says private credit reckoning is written in 'laws of physics' (BBG)

Vanguard's S&P 500 ETF surpassed $1T in AUM (BBG)

ASML became Europe's most valuable company ever (BBG)

Trade groups urge US to boost memory chip supply (BBG)

Meta is selling AI agents to businesses in AI monetization push (BBG)

Saudi's PIF replaces foreign CEOs with locals (FT)

Sellers are pulling homes off the market at fastest pace since Covid (CNBC)

Wealthy Russians see empires crumble as Putin seizes assets (BBG)

Germany, France, and UK sketch plan to engage Putin in Ukraine talks (BBG)

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Nippon Paint and Sherwin-Williams ended their $14.5B effort to buy Netherlands-based Akzo Nobel, allowing it to proceed with its $25B merger with Axalta Coating Systems

BlackRock and Temasek are considering a $10B sale of AI data center parts maker Xnrgy Climate Systems

Japanese consumer electronic retailers Yamada and Edion plan to merge in an over $5B deal

China Southern Power Grid Co. abandoned efforts to gain control of Chile's top power transmission company Transelec from Canadian pensions at a $4B valuation

Sixth Street agreed to acquire a minority stake in ​commodities data and analytics firm Kpler from Insight Partners and Rothschild-owned Five Arrows at an over $3.7B valuation

Triton Partners agreed to acquire German drive technology maker Flender from Carlyle at a reported $3.5B valuation

Country music star Garth Brooks is considering a $2B sale of his catalog

SoftBank is among bidders for Blackstone's $625M sale of Japanese payments services provider SP.LINKS

Investment firm Aequita will acquire the automotive unit of German industrials giant Rheinmetall for $405M to make Rheinmetall a pure defense company

Danish digital-experience software company Sitecore acquired AI customer-experience platform Scrunch in a $225M deal

Foods giant Nestle will take full control of German ready-to-drink meal maker yfood Labs at a $522M valuation three years after buying a 49% stake 

Russia authorized France's TotalEnergies to sell its 10% stake in a $21B US-sanctioned Arctic LNG project

Chinese OpenAI rival DeepSeek is set to raise a debut $7.5B funding round at a $55B valuation from investors including Tencent

AI research startup Lila Sciences is in talks to raise a $2B Series B at an $8.5B valuation anchored by CalPERS and NVentures

Self-driving startup Nuro raised $500M from Uber

AI music startup Suno raised a $400M Series D at a $5.4B valuation led by Bond Capital

AI market research platform AlphaSense raised a $350M round at a $7.5B valuation from Vitruvian Partners, JPMorgan Asset Management, Goldman Sachs Alternatives, D.E. Shaw Ventures, and others 

Oxford Quantum Circuits, an Oxford University spinout developing quantum computing hardware and software, raised a $350M Series C led by Bullhound Capital 

Coralogix, a software monitoring startup, raised a $200M Series F at a $1.6B post-money valuation led by Advent and Canada's CPPIB 

Forage, a mission-driven financial infrastructure platform for low-income families and retailers, raised a $40M Series B led by Mouro Capital

Lassie, an autonomous systems startup for small businesses, raised $35M in a Series A led by a16z 

Terra AI, an AI platform for subsurface exploration, raised a $20M Series A led by Khosla Ventures

Arpio, a cloud recovery and resilience platform for cloud environments, raised a $15M Series A co-led by S3 Ventures and Paladin Capital Group 

Google raised its record-breaking equity offering from $80B to $85B 

SpaceX is seeking to raise $75B at a $1.8T valuation in a fixed-price all-primary IPO

Anthropic picked Morgan Stanley and Goldman Sachs to lead its IPO

French media giant Canal+ was valued at $3.4B in its South Africa secondary listing after closing its $3B acquisition of African pay-TV giant MultiChoice

Honeywell-backed quantum computing company Quantinuum raised $1.7B in an upsized IPO priced above an increased marketed range

Bill Ackman's hedge fund Pershing Square will exit its $1.7B stake in Europe-listed Universal Music Group after it rejected a takeover bid

Canadian power producer TransAlta will acquire two natural gas-fired plants near Denver from Blackstone for $1B

Vedanta Resources' US-domiciled Zambian ​copper and cobalt producer CopperTech Metals is seeking to raise over $670M in a US IPO

Greenbriar-backed Applied Aerospace & Defense raised $650M for a $3.55B valuation in an IPO priced at the top of a marketed range

Aussie data center operator NEXTDC recently raised $2.5B in equity and debt to fund expansion

Chinese humanoid robots firm PaXini Tech is considering a Hong Kong IPO; the firm is valued at $1.5B

Aussie connectivity firm Megaport is seeking to raise $600M at a 14% discount to fund creation of an AI inference cloud

Dubai-based fashion and lifestyle retailer Apparel Group is considering an India IPO of its India unit

SPAC Lionheart Capital is raising $2.25B, with $1.5B of backing from brokerage fintech Clear Street, to purchase Venezuelan oil fields for $150M-$400M

JPMorgan is preparing to sell $1.85B of debt to back Belden's $1.85B acquisition of Ruckus Network from Vistance Networks

Citigroup, Santander, and JPMorgan are working on a $1B debt package for a $3B shale project by Argentine natural gas firm TGS

Hong Kong conglomerate Jardine Matheson is seeking a $1.1B loan to fund its $2.4B takeover of Aussie medical diagnostic imaging provider I-MED Radiology Network from UK PE firm Permira

Bahrain sold $1B of dollar bonds at a 7.125% YTM just hours after Iran's missile attack

Alphabet will participate in a $1B California munis deal to finance purchase of a discounted long-term electricity supply for Pioneer Community Energy

Coastal GasLink, a pipeline project in Western Canada, is seeking to sell $720M of high-grade bonds

Indonesia SWF Danantara hired banks for a dollar bond sale 

Zambia is set for talks with creditors after a group of bondholders blocked its bid to buy back a $1.36B bond before a costly coupon increase

Ares is owed over $550M following the collapse of John Textor's Eagle Football Group, with recovery dependent  on the sale of the group's principal assets including Olympique Lyonnais and Botafogo

Clover Private Credit Opportunities Origination, a former UBS private credit fund, sued law firm Pillsbury Winthrop for helping fintech Aspiration Partners defraud it of $145M

Investment firm Crescent Capital raised $10.8B for its fourth private credit fund

Swiss investment firm Partners Group limited redemptions from an $8.6B flagship private markets fund 

Investment firm Kayne Anderson's real estate arm raised $5.1B for its biggest-ever fund

Joshua Kushner's VC ThriveCapital launched Current, a $1B vehicle to acquire local accounting firms and rebuild them around AI

UK investment firm Fasanara Capital launched a $500M private credit strategy to finance and flip Ferraris

UK financial services-focused PE firm AnaCap raised $370M for its second buyout fund

Wingman Growth Partners raised $215M for its debut fund

Midwest VC R1 Capital spun out from Rev1 Ventures with $150M to back enterprise AI/software, deep tech, and life sciences startups

Strategy's Bitcoin investment is currently at a $8.5B unrealized loss

Visa, Mastercard, and Stripe will launch a stablecoin platform

Binance will shut down its NFT marketplace

Ben Carlson shared a cool piece on the different kinds of successful investors.

WSJ published some quite interesting data points to put Elon Musk's wealth into perspective.

Also, how the H-1B crackdown on Indians is eroding a Texas (North Dallas) real estate boom. A hot-button issue if you follow the politics…