Archive

Tuesday, August 4, 2026

3 Leads 12 Quick Hits

DIAMOND

SpaceX 📈

SpaceX reports first earnings as public company amid 44% post-IPO collapse.

PLATINUM

Paradise Valley Estate (Arizona Luxury Real Estate) 📈

Arizona luxury home sells for $40.24M, setting state record for residential.

GOLD

Los Angeles Real Estate Market

LA condo sales soar as prices hit record highs in Q1 2026.

Tuesday, August 4, 2026

3 Leads 13 Quick Hits

DIAMOND

Art Auction Houses (Christie's, Sotheby's) 📈

Auction houses post $2.5B comeback on trophy lots and tech wealth.

PLATINUM

Elliott Management 📈

Elliott builds Lululemon stake while exiting two tech positions, boosts HPE.

GOLD

Sachem Head Capital

Sachem Head takes 6.9% stake in Ionic Digital, pivots to AI infrastructure.

Tuesday, August 4, 2026

3 Leads 11 Quick Hits

DIAMOND

Sovereign Wealth Funds (Global) 📈

Sovereign funds exit public markets for private AI bets at scale.

PLATINUM

U.S. Federal Government (Policy Debate) 📈

Majority of U.S. workers back AI wealth fund as tech layoffs accelerate.

GOLD

Sovereign Wealth Funds & ETF Providers (Multi-actor)

SWFs and central banks adopt ETFs to access niche asset classes cost-effectively.

Tuesday, August 4, 2026

3 Leads 12 Quick Hits

DIAMOND

Electronic Arts / Saudi PIF 📈

Saudi PIF approved for $55B take-private of Electronic Arts under EU rules.

PLATINUM

Bain Capital Credit 📈

Bain Capital Credit allocates $8B to financing investments for 2025 growth.

GOLD

Paradise Valley Estate / Arizona Luxury

Paradise Valley estate sold for $40.24M, setting Arizona luxury record.

Tuesday, August 4, 2026

3 Leads 12 Quick Hits

DIAMOND

SpaceX 📈

SpaceX IPO buyers down 44% in seven weeks before first earnings.

PLATINUM

Integer Holdings / KKR 📈

KKR takes Integer Holdings private for $5.7B. Medical device consolidation accelerates.

GOLD

Visa / BioCatch

Visa paid $2.4B for BioCatch amid surge in AI-powered fraud.

Tuesday, August 4, 2026

3 Leads 13 Quick Hits

DIAMOND

SpaceX 📈

SpaceX IPO debuts, then trades below $135 within weeks.

PLATINUM

Kering 📈

Gucci beat sends Kering up 16.9%. Hermès stumbles on comparison.

GOLD

LVMH

LVMH fashion division returns to growth, shares move 2% higher.

Tuesday, August 4, 2026

3 Leads 12 Quick Hits

DIAMOND

KKR / Vistra 📈

KKR backs $10B AI infrastructure bet with power giant Vistra.

PLATINUM

SPS Commerce 📈

SPS Commerce explores sale under activist pressure from unnamed investors.

GOLD

Ionic Digital / Sachem Head

Sachem Head takes 6.9% stake in miner Ionic as AI infrastructure demand soars.

Tuesday, August 4, 2026

3 Leads 12 Quick Hits

DIAMOND

Microsoft 📈

Azure revenue crossed $100B annualized. The infrastructure bet paid.

PLATINUM

SPS Commerce 📈

SPS Commerce explores sale as activist investor raises pressure. $2B+ expected range.

GOLD

Ionic Digital

Sachem Head takes 6.9% stake in Ionic Digital. AI infrastructure pivot gains legitimacy.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

Adams Street Partners 📈

Adams Street raised $5B+ for secondaries as family offices shift from buyers to sellers.

PLATINUM

State Farm Mutual 📈

State Farm paid out $5B in auto dividend. Price floors just shifted.

GOLD

Conagra Brands

Conagra cut guidance and dividend after Q1 miss. Shelf space reset incoming.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

Elliott Management / Lululemon 📈

Elliott builds stakes across tech and retail as activist rotation accelerates.

PLATINUM

SPS Commerce 📈

SPS Commerce explores sale after activist pressure intensifies.

GOLD

Ionic Digital / Sachem Head

Sachem Head takes 6.9% stake in miner pivoting to AI infrastructure.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

SpaceX 📈

SpaceX enters earnings week with post-IPO stock under pressure.

PLATINUM

Jersey Mike's Subs 📈

Jersey Mike's raised $1B at $7.3B valuation in opening week IPO.

GOLD

Sovereign Wealth Funds / Global Asset Allocators

Sovereign funds shift $billions from public markets to private AI infrastructure.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

Taiwan Semiconductor Manufacturing Company (TSMC) 📈

TSMC's Arizona bet reaches $100B, reshaping U.S. chip capacity for a decade.

PLATINUM

Linde plc 📈

Linde commits $1B Phoenix build-out; semiconductor gas supply now anchored stateside.

GOLD

Bitcoin and Ethereum ETF Complex

Ethereum ETFs attracting $700M+ institutional flows; Bitcoin flows reversing direction.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

SpaceX 📈

SpaceX files first earnings report ahead of IPO pricing week.

PLATINUM

Jersey Mike's Subs 📈

Jersey Mike's raised $1B at $7.3B valuation in IPO pricing.

GOLD

Private Credit Market

Direct lending activity fell while private credit firms raised record AUM.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

Global Corporate Bond Markets 📈

Corporate bond issuance forecast hits $2.3T by 2032, reshaping capital markets.

PLATINUM

Financial Technology & Corporate Debt Market 📈

Hyperscaler debt binge pushes yields 2.5% higher as investor demand cools.

GOLD

EIT Environmental Development

EIT Environmental Development opens $150M corporate bond subscriptions.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

LVMH Moët Hennessy Louis Vuitton 📈

LVMH sales rise as US luxury holds despite Middle East softness.

PLATINUM

Prada 📈

Prada posts higher first-half earnings on strong sales momentum.

GOLD

Neurocrine Biosciences

Neurocrine quantifies $575M Soleno acquisition impact on pipeline.

Monday, August 3, 2026

3 Leads 13 Quick Hits

DIAMOND

SpaceX 📈

SpaceX reports first earnings; markets await revenue trajectory clarity.

PLATINUM

Jersey Mike's Subs 📈

Jersey Mike's raises $1B at $7.3B valuation; six IPOs, two SPACs price.

GOLD

Thales / Exail Technologies

Thales signs tender offer for drone maker Exail; defense consolidation tightens.

Sunday, August 2, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe / Advent International / PayPal 📈

Stripe and Advent bid $53B for PayPal. Payments consolidation enters endgame.

PLATINUM

Electronic Arts / Saudi Arabia / Multiple PE Groups 📈

EA's $55B sale to Saudi Arabia clears all regulatory approvals.

GOLD

Jersey Mike's / Blackstone

Jersey Mike's IPO hits $8B valuation after Blackstone cost cuts.

Sunday, August 2, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe / Advent International / PayPal 📈

Stripe and Advent bid $53B for PayPal, resetting fintech's value anchor.

PLATINUM

Electronic Arts 📈

EA's $55B Saudi-PE takeover clears all regulatory gates this week.

GOLD

Blackstone / Jersey Mike's Subs

Jersey Mike's IPO priced at $8B after Blackstone cost-cuts the playbook.

Sunday, August 2, 2026

3 Leads 12 Quick Hits

DIAMOND

Comcast 📈

Comcast spins NBCUniversal into standalone entity with Sky operations.

PLATINUM

Kering 📈

Gucci narrowed loss to 2% decline; Kering rallies 11% on turnaround signal.

GOLD

Flex Ltd.

Flex names leadership for cloud and power infrastructure spinoff.

Sunday, August 2, 2026

3 Leads 13 Quick Hits

DIAMOND

Ares Management 📈

Ares bundles €3 billion of private credit for secondaries sale.

PLATINUM

Hermès 📈

Hermès holds margins while LVMH and Kering miss forecasts. Scarcity model shields.

GOLD

Fresno City Retirement

Fresno City Retirement expands private credit beyond direct lending strategy.

Sunday, August 2, 2026

3 Leads 13 Quick Hits

DIAMOND

Telus Corp. 📈

Telus cuts dividend 55% under new CEO Victor Dodig, signals structural reset.

PLATINUM

Flowers Foods 📈

Flowers Foods cuts dividend for first time in 24 years post-$846.2M acquisition.

GOLD

Paramount-Skydance / Warner Bros. Discovery

Paramount launches proxy fight, extends WBD tender deadline to February 20.

Sunday, August 2, 2026

3 Leads 13 Quick Hits

DIAMOND

Moody's Ratings 📈

Moody's downgraded US sovereign debt for first time since 1917.

PLATINUM

Telus Corp. 📈

Telus cut dividend by 55% under new CEO Victor Dodig.

GOLD

LVMH

LVMH Q2 sales hit $22.2B, fashion unit posts first growth in two years.

Sunday, August 2, 2026

3 Leads 13 Quick Hits

DIAMOND

SpaceX 📈

SpaceX stock fell below $135 IPO price in one month. The gravity is real.

PLATINUM

Comcast 📈

Comcast spins NBCUniversal. Stock soars. The holding company model finally breaks.

GOLD

Jersey Mike's Subs

Jersey Mike's heads to IPO at $8B valuation after Blackstone cost cuts.

Sunday, August 2, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe & Advent International 📈

Stripe and Advent bid $53B for PayPal, restructuring payments hierarchy.

PLATINUM

Electronic Arts 📈

EA's $55B sale to Saudi Arabia and PE clears final regulatory hurdle.

GOLD

Harbourfront Wealth Group

Harbourfront returns $1B to shareholders after Boston PE investment.

Saturday, August 1, 2026

3 Leads 13 Quick Hits

DIAMOND

Meta 📈

Zuckerberg's wealth drops $18B as Meta free cash flow collapses 91%.

PLATINUM

SpaceX 📈

SpaceX stock trading below $135 IPO price one month after public launch.

GOLD

Jersey Mike's

Jersey Mike's IPO prices at $8B valuation after Blackstone restructured costs.

Saturday, August 1, 2026

3 Leads 12 Quick Hits

DIAMOND

Korea Investment Corporation 📈

South Korea launches strategic sovereign fund within KIC worth W20 trillion-plus.

PLATINUM

Gulf Sovereign Wealth Funds 📈

Gulf funds buying AI infrastructure backbone—data centers, semiconductors, billions redirected.

GOLD

Thales SA

Thales signed tender offer to acquire drone maker Exail Technologies.

Saturday, August 1, 2026

3 Leads 11 Quick Hits

DIAMOND

Stripe and Advent International 📈

Stripe and Advent bid $53B for PayPal. The payments consolidation begins.

PLATINUM

Electronic Arts 📈

EA's $55B Saudi Arabia and private equity sale clears regulators next week.

GOLD

Harbourfront Wealth Group

Harbourfront Wealth returns $1B to shareholders after private equity stake.

Saturday, August 1, 2026

3 Leads 13 Quick Hits

DIAMOND

LVMH 📈

LVMH Fashion unit returns to growth after two years flat. $22.2B quarter signals.

PLATINUM

Kering 📈

Gucci beats forecast. Kering stock rallies 11%. Rivals left standing.

GOLD

RealReal

RealReal earnings moment arrives. Luxury resale demand under scrutiny.

Saturday, August 1, 2026

3 Leads 12 Quick Hits

DIAMOND

Nvidia & OpenAI 📈

Nvidia and OpenAI negotiating $250B AI infrastructure backstop deal.

PLATINUM

AMD & Core Scientific 📈

AMD strikes $14B AI infrastructure deal with Core Scientific, option to 2.5 GW.

GOLD

Pentair

Pentair acquires data center business for $1.4B, expands cooling portfolio.

Saturday, August 1, 2026

3 Leads 13 Quick Hits

DIAMOND

Thales / Exail Technologies 📈

Thales advances €1.2B acquisition of Exail with tender offer agreement.

PLATINUM

Christie's / Sotheby's 📈

Art auction houses post $2.5B combined first-half rebound on trophy lots.

GOLD

Conagra Brands

Conagra cuts dividend and misses guidance, signaling margin headwinds ahead.

Saturday, August 1, 2026

3 Leads 13 Quick Hits

DIAMOND

Electronic Arts 📈

EA's $55B Saudi-private equity sale clears all regulatory approvals.

PLATINUM

Comcast 📈

Comcast spins off NBCUniversal and Sky in restructuring move.

GOLD

Pentair

Pentair acquires data center assets for $1.4B to enter AI infrastructure.

Saturday, August 1, 2026

3 Leads 12 Quick Hits

DIAMOND

Comcast 📈

Comcast spins NBCUniversal into standalone with Sky as crown jewel.

PLATINUM

Thales Group 📈

Thales acquires drone maker Exail via tender offer agreement.

GOLD

Pentair

Pentair spends $1.4B to acquire data center cooling assets.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

Ares Management 📈

Ares moves $3.4B of private credit secondaries in largest fund sale.

PLATINUM

Comcast 📈

Comcast spins NBCUniversal into new standalone entity amid streaming reset.

GOLD

Kering

Gucci beats forecast, Kering stock set to gain 10% on Wednesday.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

Global Sovereign Wealth Funds 📈

Sovereign wealth funds now manage $16 trillion, demand legal clarity on mandates.

PLATINUM

Elliott Investment Management & PepsiCo 📈

Elliott takes $4 billion stake in PepsiCo, demands operational change.

GOLD

Singapore GIC

GIC allocates $30 billion to hedge funds, doubles down on AI deployment.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

UBS 📈

UBS wealth management lifts results as Credit Suisse integration nears completion.

PLATINUM

Popular, Inc. 📈

Popular announces $1B buyback and dividend hike as CEO retires.

GOLD

Soitec

Soitec renews share buyback program for semiconductor innovation cycle.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

Canada Ministry of Finance 📈

Canada launches first sovereign wealth fund with C$25B endowment.

PLATINUM

Taiwan Semiconductor Manufacturing 📈

TSMC commits $100B more to U.S. capacity, raising Arizona spend to $265B.

GOLD

Singapore's GIC

GIC allocates $30B to hedge funds, signals AI portfolio pivot.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

Electronic Arts 📈

EA's $55B Saudi-backed deal clears regulatory hurdles, closes next week.

PLATINUM

Blue Owl Capital 📈

Blue Owl's AUM hits $319B as private credit redemptions ease.

GOLD

Harbourfront Wealth Group

Boston PE funds $1B distribution to Harbourfront advisors after acquisition.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

Electronic Arts 📈

EA's $55B Saudi-PE sale clears final regulatory hurdles this week.

PLATINUM

BlackRock / MGX / Aligned Data Centers 📈

BlackRock consortium commits $5B more to Aligned Data Centers post-acquisition.

GOLD

Pentair PLC

Water company Pentair bought Taco for $1.4B to serve AI data center demand.

Friday, July 31, 2026

3 Leads 12 Quick Hits

DIAMOND

BlackRock / MGX / Aligned Data Centers 📈

BlackRock consortium commits $5B to Aligned after acquisition close.

PLATINUM

TPG / Netrality Data Centers 📈

TPG pursuing Netrality Data Centers acquisition for up to $3B.

GOLD

Pentair

Water company Pentair acquires Taco Group for $1.4B to scale data center business.

Friday, July 31, 2026

3 Leads 13 Quick Hits

DIAMOND

Elliott Investment Management / PepsiCo 📈

Elliott took $4B stake in PepsiCo, signaling margin model reset.

PLATINUM

Kering / Gucci 📈

Kering rallied 11% on Gucci's surprise beat. Rivals did not.

GOLD

Sotheby's / Christie's

Auction houses posted $10B in H1 sales. Tech wealth velocity is the driver.

Thursday, July 30, 2026

3 Leads 13 Quick Hits

DIAMOND

Airbus / Leonardo / Thales 📈

EU space consolidation hits regulatory paradox: demands both merger and unbundling.

PLATINUM

Ares Management 📈

Ares moves $3.4B credit secondaries deal, largest private credit sale on record.

GOLD

DigitalBridge Partners III

DigitalBridge closes $11.7B infrastructure fund as AI deployment accelerates.

Thursday, July 30, 2026

3 Leads 12 Quick Hits

DIAMOND

Meta / Nebius 📈

Meta commits $27B to Nebius for AI compute over five years.

PLATINUM

Abu Dhabi Sovereign Wealth Funds 📈

UAE capital to India now exceeds $25B since 2000; 70% of Gulf inflow.

GOLD

AMD / Core Scientific

AMD secures $14B AI infrastructure deal with 500 MW capacity by 2027.

Thursday, July 30, 2026

3 Leads 12 Quick Hits

DIAMOND

BlackRock / MGX Consortium 📈

BlackRock-backed group commits $5B growth capital to Aligned Data Centers.

PLATINUM

Pentair 📈

Water company Pentair deploys $1.4B to enter data center cooling.

GOLD

TECfusions

AI data center operator TECfusions targets $4B SPAC public listing.

Thursday, July 30, 2026

3 Leads 13 Quick Hits

DIAMOND

Taiwan Semiconductor Manufacturing Company 📈

TSMC commits $100B more to Arizona fabs after Q2 results.

PLATINUM

Infineon Technologies 📈

Infineon opens world's largest power semiconductor fab with $5.7B investment.

GOLD

UBS AG

UBS posts strong Q2 revenue, announces share buybacks post-Credit Suisse close.

Thursday, July 30, 2026

3 Leads 13 Quick Hits

DIAMOND

Auction Houses Sector 📈

Christie's and Sotheby's post $2.5B in combined first-half sales.

PLATINUM

BBVA 📈

BBVA posts €6.1B in H1 profit, announces €2B share buyback.

GOLD

LVMH

LVMH misses earnings estimates; Kering and Hermès await market verdict.

Thursday, July 30, 2026

3 Leads 11 Quick Hits

DIAMOND

Stripe / Advent International 📈

Stripe and Advent bid $53B for PayPal, reshaping payments consolidation.

PLATINUM

SpaceX / xAI 📈

SpaceX acquired xAI for $250B, masking the broader PE exit slowdown.

GOLD

Registered Investment Advisor (Minneapolis)

PE bidding war targets $160B RIA asset manager in $7B deal.

Thursday, July 30, 2026

3 Leads 12 Quick Hits

DIAMOND

SpaceX / xAI 📈

SpaceX acquired xAI for $250B, reshaping private market exits.

PLATINUM

DCC Energy 📈

ECP and KKR paid $7.7B for DCC Energy, consortium model in energy.

GOLD

Harbourfront Wealth Group

U.S. PE returned $1B to Harbourfront shareholders post-acquisition.

Thursday, July 30, 2026

3 Leads 12 Quick Hits

DIAMOND

AIP, MGX, and BlackRock's GIP 📈

Three investors closed $40B acquisition of Aligned Data Centers.

PLATINUM

Pentair 📈

Water systems maker Pentair paid $1.4B for data center cooling.

GOLD

TPG

TPG pursuing data center acquisition for up to $3B.

Wednesday, July 29, 2026

3 Leads 12 Quick Hits

DIAMOND

Private Markets Secondaries Sector 📈

Secondaries market surges as IPO drought persists into 2025.

PLATINUM

Ares Management 📈

Ares bundles €3 billion of private credit for secondaries exit.

GOLD

argenx

Argenx to acquire Forte Biosciences (FBRX) via tender offer.

Wednesday, July 29, 2026

3 Leads 12 Quick Hits

DIAMOND

Elliott Investment Management 📈

Elliott blocks Toyota's $11B+ buyout of Toyota Industries with 6.7% stake.

PLATINUM

Elliott Investment Management 📈

Elliott takes $4B stake in PepsiCo, demands operational restructuring.

GOLD

Grant Thornton Advisors

Grant Thornton takes CBIZ private for $3B in professional services consolidation.

Wednesday, July 29, 2026

3 Leads 12 Quick Hits

DIAMOND

PepsiCo 📈

Elliott Management took $4B stake in PepsiCo, calls for operational change.

PLATINUM

Toyota Motor / Toyota Industries 📈

Elliott stakes Toyota buyout of group firm. Buyout now faces new friction.

GOLD

Kering / Gucci

Gucci beat sparked Kering shares up 11% as luxury segment steadies.

Wednesday, July 29, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe + Advent International 📈

Stripe and Advent bid $53B for PayPal, backed by $50B financing.

PLATINUM

Saudi PIF 📈

Saudi PIF's $55B Electronic Arts buyout clears EU antitrust review.

GOLD

Jersey Mike's Subs

Jersey Mike's IPO launches this week, first major QSR offering since 2019.

Tuesday, July 28, 2026

3 Leads 12 Quick Hits

DIAMOND

Airbus / Leonardo / Thales 📈

European space merger plan collapses under antitrust absurdity.

PLATINUM

Ares Management 📈

Ares moves $3.4B credit secondaries deal in flagship European fund.

GOLD

LVMH

LVMH fashion division reports 1% organic growth in Q2.

Tuesday, July 28, 2026

3 Leads 13 Quick Hits

DIAMOND

Canada Strong Fund 📈

Canada launches first sovereign wealth fund with C$25B initial commitment.

PLATINUM

MBV Investments LP 📈

MBV Investments secures $2.5B from Al Mazroui Group as anchor investor.

GOLD

LVMH

LVMH fashion division posts 1% organic growth; luxury sector stalls globally.

Tuesday, July 28, 2026

3 Leads 13 Quick Hits

DIAMOND

Nvidia / OpenAI 📈

Nvidia negotiates $600B financing for OpenAI data centers and GPU purchases.

PLATINUM

Samsung / Broadcom 📈

Samsung commits $200B to Broadcom for 2nm chips and HBM through 2030.

GOLD

Verizon / Google

Verizon and Google signed $1B dark fiber deal for AI data centers.

Tuesday, July 28, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe 📈

Stripe explores OpenRouter acquisition valued near $10 billion.

PLATINUM

Samsung 📈

Samsung and Broadcom locked $200 billion chip deal through 2030.

GOLD

Ares Management

Ares moves to sell $3.4 billion in direct-lending fund interests.

Tuesday, July 28, 2026

3 Leads 12 Quick Hits

DIAMOND

Stripe & Advent International 📈

Stripe-Advent consortium offered $53B for PayPal, backs offer with $50B financing.

PLATINUM

SpaceX 📈

SpaceX $250B xAI deal masks private equity exit slowdown across market.

GOLD

Comcast / NBCUniversal

Comcast announced NBCUniversal spinoff; stock surged pre-market Monday.

Tuesday, July 28, 2026

3 Leads 12 Quick Hits

DIAMOND

Sotheby's 📈

Sotheby's posted $4.4B in H1 2026 sales, a record half-year.

PLATINUM

Elliott Investment Management 📈

Elliott took a $4B stake in PepsiCo, calling for operational change.

GOLD

Nvidia

Nvidia raised $25B in corporate bonds, first issuance in five years.

Tuesday, July 28, 2026

3 Leads 12 Quick Hits

DIAMOND

U.S. Government / Trump Administration 📈

Trump's sovereign wealth fund plan puts $16T global asset class on notice.

PLATINUM

Elliott Investment Management 📈

Elliott took $4B stake in PepsiCo. The board felt it arrive.

GOLD

GIC (Singapore)

GIC allocated $30B more to hedge funds. AI is the thesis.

Monday, July 27, 2026

3 Leads 13 Quick Hits

DIAMOND

Saudi PIF / Electronic Arts 📈

Saudi PIF closed $55B EA buyout. EU approved the largest LBO on record.

PLATINUM

SpaceX / xAI 📈

SpaceX acquired xAI for $250B. Private equity exits are masking real slowdown.

GOLD

Taiwan Semiconductor Manufacturing

TSMC committed another $100B to U.S. fabs. Arizona megaproject now $265B.