Litquidity Newsroom

Coinbase’s stock has been on a tear, X faces more advertisers fleeing, Google is pushing for anti-trust action vs Microsoft in the UK cloud market, Citadel and its peers are piling into the same trades, Tiger Global’s biggest venture fund has 18% loss after markdowns, and Cathie wood had her best month ever despite waning fanbase.

Elon Musk fired shots at Bob Iger, Henry Kissinger died, former bankers are printing money in private credit, OPEC+ is mulling oil cuts, PDD passed Alibaba in value, Microsoft secured a non-voting board seat at OpenAI, and Nikki Haley is getting some presidential buzz.

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Charlie Munger passed away at 99, Mark Cuban is selling the Mavs, the Cybertruck is a production nightmare for Tesla, Iger played down Disney’s asset sales, Ivy League presidents were called before Congress on antisemitism concerns, Amazon announced an AI chatbot, and Goldman says the recent drop in volatility is good for hedging.

Shoppers love BNPL, investors see interest rate cuts coming soon, higher mortgage rates are weighing on new home sales, Blackstone’s CEO is eyeing RE deals in Europe, Amazon is the biggest delivery company in the US, and KKR sees private credit in Asia outperforming.

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The NFL’s Black Friday game on Amazon Prime is a warning sign for traditional TV, investors are holding record cash sums, UBS upgraded big infrastructure investments, airlines braced for busy post-Thanksgiving airports, online Black Friday shopping hit a record high, and Gazprom gas exports to China hit a record high.

Nomura wants a piece of the private credit pie, OpenAI’s rivals are trying to capitalize on its turmoil, Barclays could slash 2,000 jobs, Nvidia delayed the launch of its China-focused AI chip, asset managers are quietly adding ‘ESG’ to their defense portfolios, and Congress is facing a retirement surge.

All the defi, crypto, web3 news you need in one scroll

Nvidia’s 200% revenue growth was priced in, Tiger Global’s Scott Shleifer stepped down as head of private investing, McKinsey is facing wide-ranging headwinds, Warren Buffett donated more Berkshire stock, OpenAI is still courting Sam Altman, and Argentina’s Milei has been greeted by a mix of hostility and support.

Microsoft is willing to let Altman rejoin OpenAI, Citi cut more than 300 senior manager roles, Amazon launched free AI classes to win a talent arms race, OpenAI employees threatened to quit if its board doesn’t resign, Argentina’s new president wants to replace the peso with the US dollar, and Musk sued Media Matters.

Sam Altman was fired, potentially rehired, then not rehired over the weekend, Wall Street is tired of ESG, Shakira is on trial for alleged tax fraud, Argentina has a new president, Bob Iger has had a roller coaster year at Disney, and former first lady Rosalynn Carter passed away.