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Ro Khanna Gets Cooked (Again)
Together with Good Morning, Ro Khanna got dragged on X for his 'insane' tax proposal, Chinese tech valuations are closing in on US peers, Barclays overhauled its investment bank for the second time in three years, Mark Walter is looking to sell off his Chelsea FC stake too, and Anthropic is set to hit $65B …
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A Rare L for Jane Street
Together with Good Morning, Thrive Capital's 2022 vintage is up 7x, Anthropic quarterly revenue surged 14x to $11.5B in Q2, stock-picking funds are performing as poorly as ever, convenience stores are emerging as the hottest AI-proof stocks, and Jane Street took a huge hit in July tied to Situational Awareness in its first down month …
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No Ring for Wall Street
Together with Good Morning, Investors sued Selena Gomez for fraud, OpenAI lost another C-suite exec, Citadel is mandating two-year non-competes even for analysts, Anthropic is looking to IPO at a $2T valuation, wealth managers are racing to secure business from AI millionaires, and no bankers were involved in the $12B Los Angeles Lakers sale. By …
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Trezor Data Breach
Trezor data breach exposes thousands of clients
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Not Your Typical Private Credit-VC-Sports Love Story
Together with Good Morning, Josh Kushner Bob Iger will acquire the Lakers in a record deal from Guggenheim CEO Mark Walter after his firm came under federal investigation for fraud. Elsewhere, Korea will require new leveraged ETF traders to complete training modules, the CEO of Norway SWF is nervous of collapse despite record H1 gains, …
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Crypto Criminals Get Rugged
Attackers keep hitting wrong house after crypto millionaire moves
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SEC’s Major Crypto Plans
SEC poised to unveil major crypto plans
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Phoebe Gates is in Hot Water
Together with Good Morning, CitSec is warning of a rebound in levered stock trading, Norway's $2T SWF said its entire value could disappear in a market collapse, more than 10 quant trading firms signed up to Trump's insider trading-as-a-service, and Bloomberg dug up proof that Phoebe Gates was aware of fraud at her startup for …
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Ray Doomio Goes off the Perc
Together with Good Morning, Investors are abandoning hedges to chase soaring stocks, GameStop is considering withdrawing its $56B bid for eBay, PE is sitting on 33,000 unsold businesses, Ray Dalio celebrated his 77th birthday at an Ibiza rave, and Iran is reportedly stonewalling a deal until Trump's term ends in 2029. F2 is helping Wall …
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Strategy Sells More Bitcoin
Strategy sells $109M in bitcoin
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Sweep ’em and weep
Together with Good Morning, Celebrities are developing a liking for PE guys, Jake Paul is taking on the UFC with a new merger, college grads are moving back home at peak Covid-era rates, Berkshire became a net buyer of stock for the first time in three years, and even janitors at Bill Ackman's hedge fund …
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Clarity Act Vote Scheduled
Senate sets crypto bill vote for September