Featured
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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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Trump is in the Epstein Files
Together with Good Morning, Goldman will forgo job cuts after a recovery in IB, Bessent called the Fed's forecasts politically biased, Chinese bankers are charging fees as low as $100, McKinsey banned its China business from consulting on GenAI, and Donald Trump is in the Epstein files. A team of Zillow execs founded Pacaso to …
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Dash for Trash
Together with Good Morning, US and Japan reached a trade deal, the PE boom is leaving midsize players behind, Microsoft poached 20 AI researchers from Google, secondaries deals are shattering records, and meme stock fever among retail traders is back like its 2021. Bitcoin Depot, the biggest Bitcoin ATM network in North America, has its …
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New Losers in Leveraged Loans
Together with Good Morning, Citigroup joined Goldman in requiring junior bankers to disclose accepted job offers, Polymarket is set to re-enter US markets, India regulators allowed Jane Street to resume trading, and PE is increasingly by-passing banks in leveraged loan markets, which on a related note, had its second-busiest day ever. Plaid's latest report dives …
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Presidents and CEOs Get Exposed
Together with Good Morning, Trump sued WSJ for $10B over Epstein claims, Astronomer's CEO resigned, Blackstone dropped out of the bid to acquire TikTok US, JPMorgan expanded research coverage to private firms, EU is cracking down on state meddling in bank M&A, and University of California divested its entire hedge fund portfolio. Automate your complicated …
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FDA Reverses Juul Ban
We are so back. The FDA has authorized Juul to sell its e-cigarette device and tobacco and menthol-flavored pods in the U.S., reversing a 2022 decision that effectively banned the products and nearly forced the company into bankruptcy. Regulators determined that Juul’s products could help adult smokers transition away from traditional cigarettes, presenting more public …
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Astronomer’s CEO Got Coldplayed
Together with Good Morning, Goldman will offer interns jobs in PE within the firm, Citigroup is unapologetically poaching IB execs from rivals, EU paused their probe into X amid US trade talks, China demanded an equal stake in BlackRock's Panama ports deal, and social media went up in flames after a prominent startup's CEO was …
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No Job Insecurity Like the Fed Chair
Together with Good Morning, Elliott is now going after PE firms, Goldman posted its best trading quarter ever, JPMorgan is now worth more than its three largest rivals combined, US stocks overtook Europe's benchmark YTD, and Trump secretly considered firing J Pow. Trump also said Coca-Cola agreed to use real cane sugar in US. Seems …
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Two Different Worlds in VC
Together with Good Morning, US banks saw a rebound in dealmaking and trading, inflation data caused markets to rethink rate cut bets, Jamie Dimon warned on Fed independence, Investors are piling into US tech stocks at the fastest pace in sixteen years, and AI startups are seeing a funding surge while most VCs are struggling …
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JPMorgan Beats Earnings
JPMorgan beat Wall Street expectations for the sixth consecutive quarter, posting strong results across trading and investment banking. Here’s the tale of the tape: • EPS came in at $5.24 (vs. $4.48 est.) • Revenue hit $45.68B (vs. $44.06B est.) The firm’s markets division saw a +15% YoY revenue increase to $8.9B, largely driven by …
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Musk Called to the Principal’s Office
Together with Good Morning, Investment banking is set to extend its worst run in over ten years, European VCs are on pace for their worst fundraising year in a decade, commodity traders are looking at a massive windfall on tariff-fueled trading, and EU will hold talks with X after Grok turned into Hitler. UpSlide and …
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Twist in Big Tech M&A
Together with Good Morning, SWFs are warming to active management and China, India is on track for a record IPO year, US Treasury posted an unexpected surplus, investors are bracing for a crucial earnings season, and Big Tech is turning to reverse-acquihires to avoid M&A scrutiny in the race for AI growth. Besides their rapid …
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Jamie Dimon Gives it Straight
Together with Good Morning, PE giants are increasingly investing in each other's deals, Trump's antitrust enforcers are being lenient on mega M&A deals, private credit firms are pitching more leverage to beat out banks for PE deals, and Jamie Dimon had some harsh things to say about Democrats, Europe, and market bulls. In part one …