It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.
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Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
In Las Vegas, AI took center stage – and with it, Nvidia.
In a concentrated market, who’s responsible for responsible AI?