US stocks gained yesterday as traders monitored a fragile US-Iran ceasefire  

Fast Retailing, the owner of Uniqlo, raised FY profit forecasts as robust global sales growth helped boost H1 profits (CNBC)

Full calendar here

Citrini Analyst #3 might be out of work very soon

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

Fed-favorite PCE index rose 2.8% YoY (CNBC)

US Q4 GDP growth was revised lower to 0.5% (RT)

Volatility-linked funds put March US stock selling spree in the rearview (RT)

Rokos was only major macro hedge fund to post gains in March (BBG)

Investors sought to pull $20B from private credit funds in Q1 (FT)

North American pensions are sticking with private credit bets (RT)

Mega funds are fueling a rebound in VC fundraising (WSJ)

US ETF AUM is projected to double to $25T by 2030 (RT)

CarMax will add two board members in deal with activist Starboard (WSJ)

IBKR founder Peterffy says there should be no bans on insider trading (BBG)

xAI CFO Anthony Armstrong departed ahead of SpaceX's IPO (TI)

Amazon is considering selling Its AI chips to other companies (BBG)

Intel and Google will double down on AI CPUs in expanded partnership (RT)

Apple plans to debut a foldable phone in September (BBG)

BDO cut 31 partners as AI pressure grows (FT)

Disney is planning 1k layoffs under new CEO Josh D'Amaro (WSJ)

DOJ is investigating NFL for anti-competitive behavior (WSJ)

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Sazerac joined the race against alcohol giant Pernod Ricard to acquire $14B-listed peer Brown-Forman

European PE firm CVC is in talks with Groupe Bruxelles Lambert, SWFs ADIA and GIC, and Canada's La Caisse to help fund its $12.7B LBO of Italian drugmaker Recordati

Ares will take-private retail-focused Whitestone REIT in a $1.7B ‌all-cash deal

Consumer goods giant Unilever acquired gummy supplement brand Grüns for $1.2B

Slovenian lender NLB Group countered Austrian lender Raiffeisen's purchase offer for smaller Balkans peer Addiko Bank with a 25% higher offer for majority control at a $663M valuation

Canada's Capstone Copper Corp. is looking to sell a $400M copper mine in Mexico 

Portuguese energy giant Galp Energia agreed to acquire an onshore wind portfolio in Spain from Helia Funds for $375M

Newer partners at European PE firm Astorg Partners acquired almost 50% of equity in the firm from older partners including co-founders Thierry Timsit and Xavier Moreno in an 'internal LBO'

RISC-V chip startup SiFive raised a $400M pre-IPO round at a $3.65B valuation from Atreides, Nvidia, and others 

Chapter, an AI-driven Medicare navigation platform, raised a $100M Series E at a $3B valuation led by Generation Investment Management

Applied Compute, an enterprise-focused intelligent startup led by ex-OpenAI researchers, raised an $80M round at a $1.3B post-money valuation led by Kleiner Perkins

Portal Space Systems, a solar thermal propulsion startup, raised a $50M Series A at a $250M valuation led by Geodesic Capital and Mach33

AfterQuery, an applied research lab and expert training-data provider, raised a $30M Series A at a $300M valuation led by Altos Ventures 

Hybron Technologies, an advanced manufacturing company developing composite manufacturing technologies, raised a $20M seed round led by Marque Ventures

Pipe, a fintech providing embedded financial solutions for SMEs, raised a $16M round led by Fin Capital and MaC Venture Capital

Rork, an AI platform that builds mobile apps from natural language, raised a $15M seed round led by Left Lane Capital

Juno, a tax-prep automation startup, raised a $12M seed round led by Bonfire Ventures 

TPG is exploring an IPO or sale of Malaysian healthcare firm Asia OneHealthcare at a potential $7.5B valuation

Madison Dearborn Partners-backed drone maker AEVEX is seeking to raise $336M at a $2.35B valuation in its IPO

Goldman-backed Japanese taxi app Go plans to raise $300M-$500M in a Japan IPO; the firm was last valued at $850M in 2023

Aussie developer Walker Corp. and Malaysian conglomerate owner Syed Mokhtar Al-Bukhary are considering raising $125M at a $500M valuation in a Malaysia IPO of their Malaysian luxury real estate JV WM Senibong

Japan's Seven & i Holdings will delay the US IPO of its US 7-Eleven chain

Swiss-based Terra Quantum will merge with Mountain Lake Acquisition Corp. II at a $3.25B valuation

Lithium developer US Elemental will merge with Constellation Acquisition Corp. I at a  $575M valuation

Paramount Skydance syndicated its $54B bridge loan from Bank of America, Citigroup, and Apollo to secure $49B in permanent financing from 18 ​banks for its planned $110B acquisition of Warner Bros. ‌Discovery

Data center operator CloudHQ plans to raise $1.4B in ABSs backed by two Virginia facilities leased to hyperscalers

German lender Commerzbank's Polish subsidiary mBank is working with Italian peer UniCredit on a SRT linked to a portfolio of $1.4B of CRE loans

Democratic Republic of Congo raised $1.25B in its first dollar bond sale

General Mills raised $2B in a debut euro hybrid bond sale 

LA Metro sold $900M of munis to fund projects for the LA 2028 Olympics

Yogurt brand Chobani sold an $800M junk bond 

A lender group led by UBS paused recent talks to lend $765M to finance a merger between TJC-backed Echo Global Logistics and ITS Logistics

French electric utility Engie raised $540M in a green hybrid bond sale

JIOS raised $225M in private credit from Blackstone for a portfolio of 46 industrial outdoor storage facilities

SoftBank plans to sell its first euro-denominated bond 

McKinsey agreed to contribute $125M to OxyContin-maker Purdue Pharma's bankruptcy settlement

Stefano Gabbana resigned as chairman of Dolce & Gabbana and is considering options for his 40% stake ahead of negotiations with lenders

Private credit firm Dawson Partners plans to raise its seventh flagship fund just months after raising $7.7B for its sixth fund

Dubai Aerospace Enterprise and Blackstone's credit arm agreed ​to launch a $1.6B annual aircraft leasing program

Bill Ackman's hedge fund Pershing Square is in talks to launch a fund to bet on investor complacency

Carlyle's flagship private credit fund became the latest to face investor exodus

Iran's $8B crypto economy finds new way to grow after ceasefire

Bessent urged Congress to pass a crypto regulation bill

Phil Bak shared an interesting take on how asset management might look in ten years from now.

In honor of Masters season, WSJ published an interesting piece on the secret to getting more women to play golf.