Proprietary comp report by Overheard on Wall Street.
Harvard's endowment got rekt by private equity and hedge funds, but private equity professionals expect double-digit raises in 2024.
Private equity and venture capital firms from Silicon Valley to Wall Street are pumping millions of dollars into the psychedelic revolution. Investors are betting on the power of mind-bending drugs to transform mental health treatment and cut costs.
Plus: Coinbase hit with ransom attack, Jamie Dimon still bearish on the economy, Walmart raising prices because of tariffs, and retail traders are winning big.
What an absolutely wild month.
Plus: eToro's blockbuster IPO debut, Qatar Airways puts in a $96 billion plane order, Dick's to buy Foot Locker, and Wall Street walking back recession calls.
Plus: S&P 500 erased all of its 2025 losses, Trump urged ‘Too Late Powell’ to cut rates, Nvidia rejoined the $3T club, JPMorgan could become the world’s first $1 trillion bank.
Plus: Tesla rejoined $1T club after a 40% rally, Coinbase ripped 11% on news of S&P inclusion, CrowdStrike CEO gifts $1B in shares, and Perplexity raising at $14B valuation.
Plus: US-China trade deal sent futures soaring, Elizabeth Holmes' husband raising millions for new blood testing startup, and remote workers are more engaged but less happy.
The surprising secret on how to get to the state of flow.
Plus: Wall Street bonuses set to wilt amid tariff chaos, Instacart CEO joins OpenAI, Trump urged Americans to buy stocks after the first major trade deal was struck with Britain.
Plus: Google falls on concerns AI could replace search engines, Disney up 11% on blockbuster earnings and Abu Dhabi theme park, and the fastest-growing roles for grads.
Plus: M&A hits a 20-year low, the average retail investor does 6 mins of research before making a trade, and Wall Street’s biggest bull is still locking in a 7,000 target.
Plus: OpenAI ditched for-profit plans, Berkshire Hathaway slipped 5%, Marc Rowan doesn’t agree with Buffett on tariffs, and the White House’s student loan crackdown.
Plus: Best Buffett quotes, S&P 500's longest winning streak in 20 years, Baird hits back at WSJ report, Sweetgreen defends $16 salads, and a finfluencer faces fraud charges.
