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Summary List PlacementThe dominant theme across the markets right now is inflation.  Last week's data on consumer and wholesale inflation showed a dramatic increase in price pressures in April that exceeded most economists' expectations and ignited concern among investors that the current low-rate environment might soon be coming to an end.  As a result, the major indices spent most of the week in the...

Summary List PlacementThis post was updated on May 17 with news of the merger between WarnerMedia and Discovery. AT&T is spinning off WarnerMedia — the owner of CNN, Warner Bros., and HBO Max — that it acquired three years ago, the company announced on Monday. WarnerMedia will merge with unscripted-TV leader Discovery as part of the deal. Discovery CEO David Zaslav will helm the...

Summary List PlacementMike Clinton hadn't even finished furnishing his new eight-bedroom house in Twin Lakes, Wisconsin. But a few weeks after listing it on Airbnb, he had already earned $45,000 in bookings for this summer. In fact, he hadn't even closed on it yet before he listed it for rent on the platform in April. "Half of the summer weekends are sold already," he...

Summary List PlacementAmazon's cloud unit has, over the last 15 years, built itself up into the dominant cloud computing player in the market. Amazon Web Services is now a $54 billion-a-year business, and far ahead of rivals like Microsoft and Google in market share — a dynamic most recently underscored by this earnings season. But no cloud is an island, and AWS didn't get...

Summary List PlacementHigh-quality stocks and high-value stocks don't often go hand-in-hand. After all, if a company falls into value-stock territory there's a good chance something has been going wrong and its quality has diminished. Value stocks are inherently stocks that investors have undervalued or dismissed as they search for higher-growth opportunities on the market. With growth stocks enjoying massive success over the past year...

Summary List PlacementHybrid work seems like a happy medium: Just have employees come into the office a few days a week and work remotely the rest of the time. The rest will, so the optimistic thinking goes, sort itself out eventually.  Already, according to a March poll of 150 C-level executives, one in five employers has launched the hybrid work model as people start...

Summary List PlacementOne Mark Patricof's favorite parts of introducing professional athletes to the world of private equity is watching finance titans get starstruck when meeting stars. "It's fun to see partners at KKR and Silver Lake and Carlyle interacting with Todd Gurley," Patricof said, referring to the star running back. "You watch for the first 15 minutes how nervous and shy these PE guys...

Summary List PlacementDemocrats don't want to say Rep. Marjorie Taylor Greene's name. Even some Republicans feel the same way. In just four months, the firebrand Georgia Republican has established herself as something of a Voldemort on Capitol Hill. Mention her, and she gets only stronger. Ignore her, and pray that bad things don't happen. Indeed, House members recently interviewed by Insider said they were...

Summary List PlacementScott Melker is one of the best-known names in the world of crypto trading. His alter-ego, "The Wolf of All Streets", is aptly named because of his versatility within the space. Melker is, on one hand, a crypto thought-leader and influencer that drives deep discussions on his podcast with leading names in the crypto and finance sectors, such as Jim O'Shaugnessy and...

Summary List PlacementThe glut of special purpose acquisition companies formed at the start of last year are now more than halfway into their searches for a business to buy. As the clock ticks down, some may be looking to settle for less-than-ideal mates. In the last 16 months, more than 560 so-called blank-check companies have gone public, according to SPAC Insider data. An overwhelming...

Summary List PlacementThere are 807 cryptocurrency startups in Crunchbase's database, but only one has caught Ark Invest CEO Cathie Wood's attention.  Amun Holdings this week said Wood has joined as an independent board member after personally investing in the firm. Wood was "thrilled" to support the company, Bloomberg reported. Also taking part in Amun's latest funding round is crypto investor Anthony Pompliano as well...

Summary List PlacementShared e-scooter startup Bird is going public via a SPAC deal after months of speculation. The special purpose acquisition company Switchback II Corporation will acquire Bird in a deal that values the scooter startup at $2.3 billion. Bird had been rumored to be in talks with a number of SPACs last fall. The site dot.LA first reported the agreement. Among the beneficiaries will be...

Summary List PlacementThis week, VC Twitter asked itself some big questions: is believing in Santa futile? Is there an afterlife? What exactly is the definition of the word "flapdoodle?" It all started when Sanctuary, an app that provides free horoscopes and paid readings with an astrologer, announced a $3 million seed round on Tuesday. Lux Capital managing partner Josh Wolfe was not happy.   "Seriously...

Summary List PlacementHere's a rundown of news on hires, exits, and promotions from the past week.  Are we missing anyone? Let us know. Deutsche Bank nabbed two new managing directors from its competitors this week. Richard Robinson joins the bank as an incoming managing director and vice chairman in global industrials. Robinson will be based in New York and report to John Anos, global co-head...

Summary List PlacementGoogle is leading a cohort of tech companies campaigning to protect the spouses and dependents of H-1B visa workers. The Alphabet company filed an amicus brief on Friday in Save Jobs USA v. Department of Homeland Security. That pending court case threatens to undo a 2015 program that allows some residents on H-4 visas — those dependent on H-1B visa holders, such...

Summary List PlacementDutch edtech startup StuDocu recently raised $50 million to help it meet its target of serving 200 million college and university students around the world. The platform, which allows students to upload and share their course notes, won the new funds in a Series B round from French investment house Partech Partners. Edtech companies are drawing record levels of investment. In the...

Summary List PlacementFlow The Swedish startup Flow combines brain stimulation and behavioral therapy to treat clinical depression. Founded by the clinical psychologist Daniel Månsson and the neuroscientist Erik Rehn, Flow is medically certified for use at home and provides a non-pharmaceutical alternative for people suffering from depression. The company received a $1.5 million investment from California-based Khosla Ventures in 2019. Flow's headset device delivers...

Summary List PlacementApply any of several superlatives to freshman Rep. Marjorie Taylor Greene: queen of the 2020 election deniers, hero to Trump conservatives, bogeyman supreme among Democrats, only current member of Congress kicked off committees by her colleagues. Here's another one: 2021's top Republican fundraiser among House members. The more than $3.2 million Greene raised during the year's first three months ranks her second...