Exec Sum @exec_sum
The dankest daily newsletter with 350K+ readers covering all things Wall Street & Silicon Valley // Trade on Polymarket: https://t.co/2LnK1hkikk execsum.co Joined January 2021-
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BREAKING: Blackstone’s Global Head of Private Equity Joseph Baratta is preparing to leave the firm. Baratta has been with the firm since 1998 and has held his position since 2012.
JUST IN: The 10 year Treasury yield is set to reach 5.2% before the end of the year Traders predict a 91% chance of rates surpassing this mark by 2027
BREAKING: UBS is considering a merger with one of Morgan Stanley, Deutsche, and Standard Chartered The bank would move out of Switzerland following its parliament voting to advance a law to add more capital constraints
Our daily newsletter summarizes the most important stories from Wall Street to Silicon Valley, with a touch of memes Read by 300k+ bankers, investors, founders, and executives Get it for free here: execsum.co
Our daily newsletter summarizes the most important stories from Wall Street to Silicon Valley Read by 300k+ bankers, investors, founders, and executives Get it for free here: execsum.co
BREAKING: US citizens who are Qualified Purchasers are now able to purchase @allencontrol’s AI-powered machine gun, Bullfrog, from the Department of War’s C-UAS marketplace.
BREAKING: The U.S. and China are set to reach a tariff agreement by the end of the month Markets predict an 88% chance of an agreement by September 30th
JUST IN: The U.S. 30-year Treasury yield surpasses 5.50%, reaching its highest level in 22 years
BREAKING: Singapore will now fine bus riders for playing music out loud, ranging from around $400 to $4,000.
BREAKING: Meta is planning to spend $145B this year, more than every military budget except the U.S., China and Russia
BREAKING: Microsoft has announced Copilot's biggest update yet, turning Copilot into an OS for work The update merges chat and Cowork into one home base, adds tools to build apps and run long-running tasks on their own, puts Word, Excel and PowerPoint directly inside Copilot, and debuts "Today," a proactive command center that surfaces and acts on Microsoft 365 info without being asked
BREAKING: Citadel plans to grow headcount at a "healthy" double-digit rate over the next year, targeting AI researchers from labs like Google DeepMind to generate investment ideas and deploy AI tools.
BREAKING: Solana has surpassd $120 for the first time since January 2026, up over +100% from this year's low
JUST IN: Former President Barack Obama says the federal government is less corrupt than at virtually any point in US history.
BREAKING: J.D. Vance extends his lead over Marco Rubio in the 2028 GOP presidential nomination odds. 51% chance that Vance is the nominee.
BREAKING: Inflation pressure from heightened oil prices may lead the Fed to hike rates again in October. Markets are now pricing in a 67% chance.
NEWS: Leopold Aschenbrenner’s Situational Awareness hedge fund reportedly has paid Goldman Sachs over $200M in fees this year.
BREAKING: Google is set to launch TPUs into space next week on a SpaceX Falcon 9 rocket to test AI data centers in orbit.
BREAKING: The White House has asked OpenAI and Anthropic to hold new models from UK testers until the US reviews them first.
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