Exec Sum
@exec_sum

The dankest daily newsletter with 350K+ readers covering all things Wall Street & Silicon Valley // Trade on Polymarket: poly.market/ExecSumX

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Joined January 2021
BREAKING: OpenAI is set to resume training their AI models by the end of October Markets predict an 87% chance that training resumes by October 31st
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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
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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
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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.
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NEWS: Leopold Aschenbrenner’s Situational Awareness hedge fund reportedly has paid Goldman Sachs over $200M in fees this year.
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JUST IN: President Trump says he and China's President Xi want to leave super intelligence "exactly where it is."
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NEWS: Mark Zuckerberg unveiled the “Muse Charm” at the Meta Connect Keynote, a keychain-sized mobile device containing an always available Muse agent. $META
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BREAKING: AI training data startup Micro1 has raised $100M at a $4B valuation, an 8x markup from a year ago, as the company hits $500M in ARR selling to clients such as Microsoft and Amazon.
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TRENDING: Markets are pricing in ANOTHER Fed rate hike for this year as fresh economic data showed strong business activity but also rising inflation pressures
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JUST IN: McDonald's $MCD is exploring ways to attract GLP-1 users
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BREAKING: OpenAI's GPT-6 Astra successfully drove a real Toyota Corolla through an entire obstacle course.
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BREAKING: OpenAI's GPT-6 Astra successfully drove a real Toyota Corolla through an entire obstacle course. It is the only AI tested by "DrivingBench" to finish.
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JUST IN: Paramount have discussed asking Elon Musk to become an equity investor in the company as it prepares to merge with Warner Bros. Discovery.
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BREAKING: Diamonds have plunged to their lowest prices this century after crashing 70% from their 2011 all-time high.
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BREAKING: Meta has announced partnerships with Expedia and PayPal for its Muse AI Agent
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BREAKING: Anthropic releases Claude Opus 5.5, its first release since they started “pacing development.” Opus 5.5 performs better than Fable 5.1, while being 40% cheaper.
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BREAKING: President Trump declares artificial intelligence is now to be referred to as “Super Intelligence.”
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BREAKING: The Fed may hike rates again in October Markets are predicting a 50% chance of another 25 bps increase at the October Fed meeting
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BREAKING: JPMorgan is predicting Meta’s new Muse AI app could become "the most widely used consumer AI product since ChatGPT"
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BREAKING: Andreessen Horowitz has launched a free AI school as a college alternative The school is aimed at students who might otherwise attend “elite universities"
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NEWS: Tesla has reopened reservations for its long awaited Roadster and will unveil the next-gen design on Oct 1st. Customers will need to put down a $50K deposit to secure their car.
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BREAKING: SpaceX, Anthropic, and OpenAI are worth more than every U.S. tech IPO in the past 45 years combined
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JUST IN: Meta's Muse is outpacing ChatGPT's mobile launch in downloads and engagement Muse set a new U.S. daily download record of 264K on Sept. 19, its 3rd straight day above 200K downloads ChatGPT didn’t cross 200K U.S. daily downloads until roughly a year after launch
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BREAKING: Meta $META has announced a new undersea cable connecting the U.S. and France Its cable, called "Petal", will carry 1 petabit per second, 2X the capacity of today's most advanced transoceanic cables Meta is expecting it to enter service in 2029
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BREAKING: Qatar’s wealth fund is targeting a $20B partnership with JPMorgan Chase The deal would include a $15B public equities mandate and a $5B private markets initiative focused on U.S. middle-market companies
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BREAKING: Anthropic is expected to release its next Claude Opus model this month Traders predict a 97% chance of the new model releasing by September 30th
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JUST IN: The NBA is loosening its private equity rules to clear the way for Joshua Kushner and Bob Iger's record $12.5B Lakers purchase The change lets a firm and its executives invest in the same team, allowing Kushner and Iger to put in personal money alongside Thrive Eternal
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BREAKING: $10B retailer, Dillard's, is leaving the NYSE for the Texas Stock Exchange (TXSE)
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NEWS: Elon Musk has moved into a motor home on-site in Tennessee, to speed up work on xAI's Colossus supercomputer
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NEWS: Pete Hegseth invites Jake and Logan Paul to the Pentagon to speak to members of the Armed Forces
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BREAKING: U.S. 2-year yield climbs above 4.74%, its highest since July 2024
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BREAKING: Forbes CEO, Sherry Phillips, announces the company will be downsizing Phillips says the decision is attributed to “revenue shortfalls in the first half of the year”
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BREAKING: Kylian Mbappé has announced a partnership with On $ONON, kickstarting the brand's entry into soccer The move comes after Mbappe was signed to Nike for the last nineteen years
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BREAKING: Chipotle signs major partnership with Palantir to monitor food safety risks across its restaurants
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BREAKING: Chiefs star tight end Travis Kelce has been identified as a victim in a $35M+ Ponzi scheme run by investment manager Siddharth Jawahar
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NEWS: Traders have almost fully priced in a Fed rate hike for tomorrow following last week's inflation reading Markets were evenly split on the Fed's upcoming rate decision just one week ago
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BREAKING: The Trump administration is planning a $2.8B weapons sale to Israel It would be the largest single sale of munitions in years
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BREAKING: The Dow is on pace for its worst start to September since 2008
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BREAKING: Meta has launched “Meta One” starting at $2.99 per month The subscription service is offering enhanced AI features across Instagram, Facebook, & WhatsApp
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BREAKING: Newsome says he won’t run against Harris in 2028
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BREAKING: Nvidia's $NVDA next GTC conference will take place on December 1st in Washington DC
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JUST IN: European Central Bank President Christine Lagarde says Europe is facing unprecedented risk of being cut off from AI Lagarde emphasized that Europe must become a producer of AI technology rather than continuing to import She stated they must do so to preserve Europe's own autonomy and achieve the efficiency gains needed to maintain its way of ​living
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BREAKING: Trump called Nvidia CEO Jensen Huang during the All-In Summit and was put on speaker, saying AI fears are a “hoax,” data centers create wealth, and AI is bigger than the internet.
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BREAKING: Morgan & Morgan, the US’ largest personal injury firm, said it is committing $1 billion to AI over the next decade and plans to sell its proprietary AI product to other law firms
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REPORT: Prediction markets are taking over sports Polymarket's US rollout is rapidly closing the gap with Kalshi, despite Kalshi benefiting from brokerage flow through platforms like Robinhood, Coinbase, and PrizePicks
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