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Nvidia (probably) saved the day
Together with Good Morning, Nvidia’s crucial earnings beat didn’t do much to boost stock market sentiment after-hours, at a time where US equities are already taking a beating. On a related note, active fund allocation to Big Tech stocks fell to the lowest since 2008. Move on from the daily deluge of tedious tasks and …
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Mediocre 7
Together with Good Morning, US stocks tumbled further after another round of pessimistic economic data, with major indexes turning negative YTD and Big Tech stocks taking a blow on the compounding threat of Chinese AI competition. Investors are nevertheless unironically hoping for Nvidia’s earnings today to change the tide. Automate your complicated business spend and …
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When AI meets Wall Street. A deep dive on Brightwave
Brightwave is revolutionizing the way Wall Street professionals work with their powerful AI platform. If you work in financial services, this deep dive is for you.
More from the archive
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The Inaugural Litquidity Capital Cup⛳️
Good Morning, Our intern Karl blundered with an unscheduled Exec Sum email send last evening. We terminated him. Our apologies for any confusion and thank you for trusting us as your go-to source for financial news. Litquidity is partnering with NEXUS Club to host The Capital Cup, our for the first-ever indoor golf tournament this …
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Jane Street Goes Physical
Together with Good Morning, Short-bias ETFs see big inflows on market pullback bets, dollar shorts are starting to falter, GraniteShares shut its 3x short AMD ETF, SEC eased IPO regulations amid the government shutdown, and Jane Street is expanding its physical trading ambitions. Holiday season means it's time for a wardrobe upgrade…and what better way …
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We Are Nearing the Top
Together with Good Morning, Israel and Hamas agreed to a hostage release, Fed minutes revealed a divided view on rate cuts, PE is heating up in Japan, a majority of S&P firms see AI as a material risk, and Roundhill is reviving the MEME ETF, just at a time where stocks continue to break through …
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Strangest Bake-Off Ever
Together with Good Morning, More high-grade debt is now tied to AI than banks, Jamie Dimon is open to changing quarterly earnings requirements, emerging markets are on an absolute tear, Nvidia will continue sponsoring H-1B visas, and banks are sucking up to Trump for mandates on Fannie and Freddie's blockbuster IPO. Specialized AI tools are …
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The Altman Touch
Together with Good Morning, AMD signed a mega chips deal with OpenAI, PE is raising debt from everywhere, France lost its fourth prime minister in one year, JPMorgan replaced its Europe CEO, and OpenAI has developed a Midas touch to send stocks soaring by mere mentions. Early enrollment ends October 13 for the AI for …
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Junior Bankers Get Their Day in Court
Together with Good Morning, Activist Elliott is escalating its battle with a PE firm, AI startup valuations are raising bubble fears, Altman embarked on a global fundraising campaign, Italy called on US to reconsider pasta tariffs, and Centerview will face trial over a junior banker's long hours. Mizuho recently hosted an insightful conference with industry …
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Diddy.ai
Together with Good Morning, Bridgewater is seeing its best performance in years, Musk's $1T pay plan is facing pushback, Trump signed up with Citigroup as a client, OpenAI became the world's most valuable private company, and Diddy is planning an AI startup after jail. Interested in building your own hedge fund with friends? Join Hedge …
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Trump-Fed Feud Heads to SCOTUS
Together with Good Morning, KKR is preparing for a private credit boom in Japan, Musk's net worth hit $500B, activist investors had their busiest quarter ever, Brown and Northwestern's endowments are turning to secondaries, and SCOTUS will hear argument in Trump's firing of Fed governor Lisa Cook Let's dive in. Before The Bell As of …
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Epstein Had $100M+ in Deals With Banks, Hedge Funds, and Billionaires
Jeffrey Epstein remained deeply embedded in Wall Street’s financial networks well past his 2008 sex-crime conviction. Newly reviewed documents and congressional records show Epstein and his entities maintained accounts at more than 20 banks: including Wells Fargo, TD Bank, and FirstBank Puerto Rico, and conducted large transactions with prominent hedge funds and investment firms. While …
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DC Comes to a Halt
Together with Good Morning, BlackRock is nearing the largest infrastructure takeover deal ever, London dropped out of top 20 IPO markets, family offices are paying $1M salaries to CIOs, Musk's firms are suffering from a staff exodus, and IPO markets are at risk after the US government shutdown. Planful's latest eBook dives deep into the …
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A Rare Win for Banks
Good Morning, Forbes 30 under 30 alum Charlie Javice was sentenced to 7 years in prison for fraud, Bad Bunny is headlining the Super Bowl halftime show, a US government shutdown is looming, and JPMorgan will advise on and finance EA's record LBO with a record $20B leveraged loan in an increasingly rare win for …
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We’re So Back?
Together with Good Morning, Silver Lake announced the biggest LBO ever, Blackstone repriced a private credit deal at the tightest spread ever, Chamath raised $300M for his SPAC comeback, hedge fund stars are hiring agents to negotiate pay packages, and White men are making a comeback in corporate America. The Wharton Online-Wall Street Prep Private …
