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Blackstone - $BX

Software gets broader, semis get narrower next year, says Hedgeye portfolio manager
14 takeaways: triple-C spreads at 920 basis points, the JPMorgan commodities team that stopped forecasting oil, and the Apple package that would sell…
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"$2 billion is a drop in the bucket": Trajan Wealth CIO on Treasury buybacks
15 takeaways: why insurers swapped 30-year Treasuries for floating-rate private credit, where he buys bonds instead, and why he says the selloff in…
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"That's not a viable product": Buy Hold Rant on the AI safety fight
15 calls: Why a slowdown in frontier models would not cut memory demand, the $100B one host credits to Meta's free assistant, and the case against…
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Vaibhav Agrawal: 99% of LPs say they want to co-invest, and about 2% actually do it
14 arguments: why venture sourcing became a media business, which kinds of work AI takes first, and the two sectors he says the Valley has oversold
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David Cahn: nobody can price a private AI company until Anthropic gets out
8 takeaways: Why Sequoia's investor says the neoclouds' one real innovation was financing, what he asks before backing a hardware founder, and the power…
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Charlie Morrison: Jersey Mike's is aiming at $2M average unit volume, from $1.4M now
6 numbers: The 1,600-unit domestic pipeline that is already 1,400 signed, why more than $200M of advertising is moving to digital, and what Blackstone…
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Carter Worth: the Fed does nothing next week, and it wouldn't matter much if it did
16 takeaways: The trillion-dollar gain sitting in the Treasury's gold, the sector he would sell outright, and the FICO options trade inside his own ETF
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Bill Cohan: Leon Black asked for the investigation into his own Epstein payments
8 takeaways: what 10 on-the-record interviews produced, how Athene turned Apollo into a private-credit machine, and the Munch painting hanging in a…
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Yaron Naymark: Limbach missed the data center boom, and the stock halved for it
14 takeaways: Why he calls the EBITDA drop fixed-cost math rather than a broken business, what the $30M CYMCOR deal buys, and the path to $200 a share
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William Cohan: Leon Black paid Epstein $158 million and he still cannot refute the explanation | On with Kara Swisher
What the Dechert report found, why he says the real risk in private credit sits with Athene's annuity holders, and the bond market warning he thinks…
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Gavin Baker: he asked every AI company for one number getting worse, and nobody had one | a16z
Why he thinks compute stays short through 2028, the 30% cut Kimi's license takes out of open-weights revenue, and the case for moving a growing share of…
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CJ Muse: TSMC is sold out until 2029, and he thinks AI spending runs to 2030 minimum | Bloomberg Surveillance
Why Nvidia can meet only 70% of its 2027 demand, what the MediaTek and Hugging Face deals are actually buying, and the frontier models earning 90% of…
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