Private equity is still winning Wall Street's talent war, but the battlefield is shifting. As buyout firms aggressively poach junior bankers, AI startups dangle equity upside and supercharged growth. With AI tools reshaping entry-level roles and payouts at the top swelling again, finance is racing to prove it can still offer the best long-term bet for ambitious young talent.
David Ellison and his family invested approximately $17 billion to complete Paramount Skydance's acquisition of Warner Bros. Discovery, according to public filings. Dylan Sloan reports on "Bloomberg Open Interest."
Bank of England Governor Andrew Bailey warned that governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and a series of severe shocks. "Fiscal policy can operate as a countercyclical tool of policy," Bailey said at an event in Turkey. "But if the negative shocks come at higher frequency, and underlying growth in the economy is lower, countercyclical policy becomes very difficult to follow successfully." (Source: TCMB Istanbul Economic Forum)
Broadcom is planning its next blockbuster deal after launching a $60 billion debt financing to help fund Anthropic PBC's artificial intelligence build-out. Sarah Frier has more on "Bloomberg Open Interest."
Diana Shipping (NYSE:DSX) signed a time charter with Classic Maritime for the dry bulk vessel G. P. Zafirakis at a gross rate of $38,000 per day.
Goldman Sachs executives including CEO David Solomon and President John Waldron are set to take in a special bonus. Equity awards could top $500 million based on the current share price. Solomon could get $100 million alone. Bloomberg's Sridhar Natarajan reports.
OpenAI is in talks to raise $30 billion at a $1.4 trillion valuation, with Tiger Global poised for a paper profit of $5 billion. Hema Parmar reports on "Bloomberg Open Interest."
PepsiCo lowered its profit outlook as the snack and beverage company faces higher costs in North America that are weighing on margins. Ken Shea of Bloomberg Intelligence has more.
Arqit Quantum (NASDAQ:ARQQ) expects preliminary unaudited fiscal 2026 revenue of $975,000–$1.0 million for the year ended September 30, compared with $530,000 in fiscal 2025.
TOMI Environmental Solutions (NASDAQ:TOMZ) reported preliminary third-quarter 2026 revenue of $2.5 million, up 27% from the same quarter a year earlier and 13% from Q2 2026.
Rick Rieder, CIO of global fixed income at BlackRock, says the front end of the yield curve is "still very attractive," and discusses the state of the US economy and why he is positioned for a hawkish Federal Reserve.
NielsenIQ (NYSE:NIQ) said Nielsen Connect Australia exceeded the 90% shareholder acceptance threshold in its off-market takeover bid for The U Group & Co Limited.
