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John Grey — Healthcare & longevity desk On the morning the markets were busy pricing a US-Iran ceasefire and a Federal Reserve hold, GSK’s new chief executive wrote the largest cheque of his tenure for a Cambridge, Massachusetts biotech that has yet to generate a single dollar of commercial
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SK Lee — Sports & consumer desk A few days before the Strait of Hormuz reopened and the oil curve collapsed, Apollo Global Management quietly closed the largest structured check ever written into the business of pickleball. The trade press treated it as a curiosity. The composition of the deal, the
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John Ian Lau — Technology & AI infrastructure desk For three years, the dominant narrative in AI infrastructure has been chip scarcity. On Thursday, Henry Kravis’s firm quietly announced that the bottleneck has moved — and that the next phase of the buildout will not be financed by hyperscaler balance sheets
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John Grey — Asia markets desk The Bank of Japan will almost certainly raise its policy rate to 1.00 percent at Tuesday's meeting, the highest setting it has held in roughly thirty years. That part of the price action is, for once, fully embedded in the market. What
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Every major US bank CFO delivered Q2 guides 5 to 12 points above consensus at Morgan Stanley's conference. The mid-July prints will close the gap.
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Trump announced a draft Iran deal Wednesday. Brent fell 4%. JPMorgan's Kaneva still models $100 Brent through year-end under that exact scenario.
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Two stacked supercycles in one 30-day window: US sportsbook handle access at record highs, and Japan's first World Cup as Asia's top-ranked side.
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BCRED's first-ever gate, Holly Kim's $500B pipeline and SDNY's valuation probe all landed on the same day. The disagreement is over.
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Broadcom's Q2 print triggered a 13% intraday sell-off. The $30 billion AI bookings figure buried in Hock Tan's remarks tells a different story.
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Treasury just demonstrated it can reach inside Iran's crypto wallets. The June sell-off is not the cycle rolling over. It is bitcoin's macro-hedge identity bein
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Brent posted its largest monthly decline in six years. The sell-off priced a U.S.-Iran agreement that has not been signed and a physical normalization that take
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The April 22 short attack on Sportradar priced legal exposure. It has not yet priced the slow erosion of NBA, NFL and FIFA counterparty trust that compresses th