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Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates…</h2><div class="bh__byline_wrapper"><div><div style="display:flex;"><div style="display:flex; flex-direction:row; justify-content:flex-start;"><div style="display:flex;"><img alt="Author" height="40" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg" style="height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;" width="40"></div><div style="display:flex; align-items:center;"><p style="left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;"><span><a href="https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a" target="_blank" style="color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;">Litquidity Capital</a></span><br><span class="text-wt-text-on-background" style="opacity:0.75;"> July 12, 2024 </span></p></div></div></div></div><div class="bh__byline_social_wrapper"><a href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning" target="_blank"><div style="max-width:28px;"><svg fill="none" height="100%" viewBox="0 0 212 212" width="100%" xmlns="http://www.w3.org/2000/svg"><circle cx="106.214" cy="105.5" fill-opacity="0.15" fill="#9CA3AF" r="105.5"></circle><path d="M96.9223 92.1778H87.0327V105.498H96.9223V145.461H113.405V105.498H125.273L126.591 92.1778H113.405V86.5165C113.405 83.5193 114.064 82.1873 117.031 82.1873H126.591V65.5364H114.064C102.197 65.5364 96.9223 70.8647 96.9223 80.8552V92.1778Z" fill="#BAC2CE"></path></svg></div></a><a 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75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z" fill="#BAC2CE"></path></svg></div></a></div></div></div><div id="content-blocks"><div style="align-items:center;display:flex;flex-direction:column;gap:6px;justify-content:center;margin:0 auto 0 auto;padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:var(--wt-text-on-background-color) !important;display:block;margin:0 auto 0 auto;text-align:center;width:300px;"><b> In partnership with </b></p><a href="https://www.intercom.com/early-stage?utm_source=external-newsletter&utm_medium=display&utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7&utm_term=beehiiv&utm_content=beehiiv&_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4" rel="nofollow noopener noreferrer" style="text-decoration: none; margin:0 auto 0 auto;width:300px;" target="_blank"><img style="width:300px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/ad_network/advertiser/logo/d35da3a8-baba-4b86-bec3-3659c425e481/Intercom_Logo_Lockup_Black.png"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Good Morning,</b></p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> US markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates… </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Let’s dive in. </p></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="before-the-bell" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Before The Bell</b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><img alt="" style="margin:0 auto 0 auto;width:100%;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/091d43f0-0040-402a-a05e-9633e74b015c/image.png?t=1720740626"><div style="margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;"><small style="color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;"><p>As of 07/11/2024 market close.</p></small></div></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Markets</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> US stock indexes swayed dramatically as investors swapped growth for value after inflation data all but guaranteed a path for Fed rate cuts </p><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Russell 2000 beat Nasdaq by the biggest one-day margin ever </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Russell 2000 hit its highest since March 2022 in its best day since November </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> 'Mag 7' stocks tumbled 4.5% in their sharpest drop since October 2022 </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> S&P and Nasdaq broke seven-day win streaks in their worst day since April </p></li></ul></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Traders priced in a September rate cut and 40% chance of three by December  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Europe's Stoxx 600 hit a one-month high, just inches away from its ATH </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> US 2Y to 10Y yields dropped to their lowest since mid-March </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Pound surged to a one-year high versus the dollar </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Yen surged 2.5% in its biggest jump since late-2022 on apparent BOJ intervention </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Emerging market currencies jumped to their highest since May </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Earnings</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);"><b>Delta</b></span><span style="color:rgb(34, 34, 34);"> missed Q2 revenue estimates and projected below-estimate Q3 sales as flight guts weigh on otherwise booming summer demand (</span><a class="link" href="https://www.cnbc.com/2024/07/11/delta-air-lines-dal-earnings-q2-2024.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a><span style="color:rgb(34, 34, 34);">) </span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);"><b>PepsiCo</b></span><span style="color:rgb(34, 34, 34);"> beat Q2 EPS estimates but missed on revenue and gave a cautious FY outlook on weakened US consumer demand (</span><a class="link" href="https://www.cnbc.com/2024/07/11/pepsico-pep-earnings-q2-2024-earnings.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a><span style="color:rgb(34, 34, 34);">) </span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">What we're watching this week:  </span></p><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Today: </span><span style="color:rgb(34, 34, 34);"><b>JPMorgan</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Wells Fargo</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Citigroup</b></span></p></li></ul></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Full calendar </span><a class="link" href="https://finance.yahoo.com/calendar/earnings/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">here</a></p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="headline-roundup" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Headline Roundup</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Citadel Securities crafts plan to shake up banks' S&T (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desks?srnd=homepage-americas" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> US June CPI showed deflation for first time since Covid (<a class="link" href="https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> US deficit is down 9% YoY (<a class="link" href="https://www.reuters.com/markets/us/us-june-budget-deficit-shrinks-66-billion-after-calendar-shifts-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> UK economy returned to growth in May (<a class="link" href="https://cnbc.com/2024/07/11/uk-economic-growth-may-2024.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> UK announced its biggest stock market overhaul in three decades (<a class="link" href="https://www.ft.com/content/a990dfd6-ef99-40ca-b382-276f9f811d00" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Investors shun riskier junk bonds as bankruptcies jump (<a class="link" href="https://www.ft.com/content/b3d8f5dc-462d-4c1b-873b-9ed9be14b4c3" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Portfolio managers expect worse credit conditions in Q3 (<a class="link" href="https://www.reuters.com/markets/us/portfolio-managers-expect-worse-credit-conditions-q3-survey-shows-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Goldman's risky financing engine is driving record revenues (<a class="link" href="https://www.reuters.com/business/finance/inside-goldman-sachs-expanding-risky-financing-engine-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Moody's warned private credit growth poses new risks (<a class="link" href="https://www.reuters.com/business/finance/new-era-private-credit-growth-raises-concerns-moodys-says-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> NFL will allow up to 10% PE ownership of teams (<a class="link" href="https://www.cnbc.com/2024/07/11/nfl-open-to-private-equity-team-ownership-roger-goodell-says.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Hedge funds turn to South Korea for AI stock bets (<a class="link" href="https://www.reuters.com/markets/hedge-funds-turn-south-korea-next-wave-ai-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Japanese stocks saw biggest weekly foreign inflows in six months (<a class="link" href="https://www.reuters.com/world/japan/japanese-stocks-log-biggest-weekly-foreign-inflow-nearly-six-months-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Citigroup's new head of banking will receive a $40M ESOP (<a class="link" href="https://www.ft.com/content/62f1f2cc-1e9e-4eb2-b28f-2a4064f47572" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PwC UK will reduce bonuses and pay raises after 'challenging' year (<a class="link" href="https://www.ft.com/content/8f51073a-3d81-4222-a496-16d04c517df6" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Central banks warned of 'unsustainable' sovereign debt levels (<a class="link" href="https://www.reuters.com/markets/global-reserve-managers-upbeat-growth-worry-about-politics-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> JPMorgan aims to amass 15% of US consumer deposits (<a class="link" href="https://www.reuters.com/business/finance/jpmorgan-aims-amass-15-us-consumer-deposits-boost-credit-card-share-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Cathie Wood recognizes 'challenged' returns but insists on future profits (<a class="link" href="https://www.ft.com/content/4d957fcf-4613-4a90-a561-0edf5eb8c91f" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Tesla's share of US EV sales fell below 50% for first time (<a class="link" href="https://www.ft.com/content/12483ddd-245c-4ddd-b605-224720aa30c7" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Trading houses are poaching top talent from energy giants (<a class="link" href="https://www.reuters.com/business/energy/trading-houses-lure-top-talent-bp-shell-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Ackman touts Berkshire as model for closed-end fund ahead of IPO (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/ackman-touts-berkshire-as-model-for-closed-end-fund-ahead-of-ipo?srnd=markets-vp&embedded-checkout=true" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Jefferies wound down 352 Capital in wake of lawsuit (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/jefferies-winds-down-hedge-fund-352-capital-in-wake-of-lawsuit?embedded-checkout=true" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Lower earners made remarkable earnings progress in past year (<a class="link" href="https://www.axios.com/2024/07/11/us-fewer-low-wage-workers-2024" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">AX</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="a-message-from-intercom" style="padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;"><h2 style="color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;"><b>A Message From Intercom</b></h2></div><div id="intercom-for-startups" style="padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;"><h3 style="color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;">Intercom for Startups</h3></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.intercom.com/early-stage?utm_source=external-newsletter&utm_medium=display&utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7&utm_term=beehiiv&utm_content=beehiiv&_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ee8e9302-68f8-4248-a005-89fd2a02dc12/Displayad_1104x360_startup_opt1.png?t=1718631986"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Join <a class="link" href="https://www.intercom.com/early-stage?utm_source=external-newsletter&utm_medium=display&utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7&utm_term=beehiiv&utm_content=beehiiv&_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">Intercom’s</a> Early Stage Program to receive a 90% discount. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Get a direct line to your customers. Try the only complete AI-first customer service solution. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><a class="link" href="https://www.intercom.com/early-stage?utm_source=external-newsletter&utm_medium=display&utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7&utm_term=beehiiv&utm_content=beehiiv&_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">Apply now</a></p></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="deal-flow" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Deal Flow</b></h1></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>M&A / Investments</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Bain Capital </b></span>will acquire wealth management SaaS firm <span style=""><b>Envestnet</b></span> for $4.5B (<a class="link" href="https://www.wsj.com/finance/investing/bain-capital-to-buy-envestnet-in-4-5-billion-deal-e2f3b869?tpl=pe&mod=hp_lead_pos1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firm <span style=""><b>Platinum Equity </b></span>agreed to acquire Canadian aerospace manufacturer <span style=""><b>Héroux-Devtek </b></span>for ~$1B, including debt (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/gores-platinum-to-take-aerospace-firm-private-for-1-billion?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>SoftBank </b></span>acquired struggling UK chipmaker <span style=""><b>Graphcore</b></span> for ~$600M (<a class="link" href="https://www.ft.com/content/e33bab13-2d64-47f7-b0e2-9ba446296234" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> German software provider <span style=""><b>SNP</b></span>, which has a ~$390M market cap,<span style=""><b> </b></span>is exploring a potential sale after receiving takeover interest (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/software-provider-snp-said-to-weigh-sale-amid-takeover-interest?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Media conglomerate <span style=""><b>Axel Springer</b></span>, <span style=""><b>KKR</b></span>, and Canada's <span style=""><b>CPP</b></span> and are in talks to split the business (<a class="link" href="https://www.ft.com/content/1d09ac2b-2521-47ec-a6d2-16b52d88167f" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>VC</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Defense AI startup </span><span style=""><b>Helsing</b></span><span style=""> raised a $488M Series C led by </span><span style=""><b>General Catalyst</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/defence-ai-startup-helsing-raises-487m-series-c-plans-baltic-expansion-to-combat-russian-threat/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Regard</b></span><span style="color:black;font-family:Arial, sans-serif;">, a health startup using AI to analyze patients' health data, raised a $61M Series B at a $350M valuation led by </span><span style=""><b>Oak HC</b></span><span style="">/</span><span style=""><b>FT</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/ai-powered-regard-nabs-61m-to-find-missed-illness-boost-hospital-revenue/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Fireworks AI</b></span><span style="color:black;font-family:Arial, sans-serif;">, a GenAI inference platform provider, raised a $52M Series B at a $552M valuation led by </span><span style=""><b>Sequoia Capital</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.finsmes.com/2024/07/fireworks-ai-raises-52m-in-series-b-funding.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Armada</b></span><span style="color:black;font-family:Arial, sans-serif;">, an edge computing solutions, raised a $40M round led by </span><span style=""><b>M12</b></span><span style=""> (</span><span style=""><a class="link" href="http://www.businesswire.com/news/home/20240711885904/en/Armada-Announces-40M-in-Strategic-Funding-Round-Led-by-M12/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BW</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Automated professional services startup </span><span style=""><b>HerculesAI</b></span><span style=""> raised a $26M Series B led by </span><span style=""><b>Streamlined Ventures</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/herculesai-has-been-working-with-llms-long-before-it-was-cool/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">VC super-app </span><span style="color:black;font-family:Arial, sans-serif;"><b>HUI</b></span><span style="color:black;font-family:Arial, sans-serif;"> raised a $27.6M round from </span><span style=""><b>Nimbus Capital</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.prnewswire.com/news-releases/hui-secures-25-million-equity-commitment-from-nimbus-capital-302193767.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">AI construction software startup </span><span style=""><b>Buildots</b></span><span style=""> raised a $15M round led by </span><span style=""><b>Intel Capital</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/intel-capital-backs-ai-construction-startup-that-could-boost-intels-own-manufacturing-prospects/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">IoT security startup </span><span style=""><b>Exein</b></span><span style=""> raised a $16.5M Series B led by </span><span style=""><b>33N</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/exein-raised-15m-series-b-to-stop-robotic-arms-going-haywire/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">AI-powered data quality platform </span><span style=""><b>Soda</b></span><span style=""> raised $14M from </span><span style=""><b>Singular</b></span><span style=""> and </span><span style=""><b>Point Nine</b></span><span style=""> (</span><span style=""><a class="link" href="https://tech.eu/2024/07/11/soda-raised-14-million-for-its-ai-driven-data-quality-tools/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">EU</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Contextual AI assistant startup </span><span style=""><b>Medal</b></span><span style=""> raised a $13M round at a $333M valuation from </span><span style=""><b>Horizons Ventures</b></span><span style="">, </span><span style=""><b>OMERS</b></span><span style="">, and more (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/medal-raises-13m-as-it-builds-out-a-new-ai-platform-for-desktop/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Lemon.markets</b></span><span style="color:black;font-family:Arial, sans-serif;">, a brokerage-as-a-service platform, raised a $12M round led by </span><span style=""><b>CommerzVentures</b></span><span style="">, </span><span style=""><b>Heliad</b></span><span style="">, and others (</span><span style=""><a class="link" href="https://tech.eu/2024/07/11/lemon-markets-secures-12m-for-brokerage-as-a-service-platform-expansion/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">EU</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Dynelectro</b></span><span style="color:black;font-family:Arial, sans-serif;">, a Danish green hydrogen startup, raised an $11M round from </span><span style=""><b>EIFO</b></span><span style="">, </span><span style=""><b>Vsquared Ventures</b></span><span style="">, and others (</span><span style=""><a class="link" href="https://tech.eu/2024/07/11/dynelectro-secures-eur11m-for/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">EU</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Sekai</b></span><span style="color:black;font-family:Arial, sans-serif;">, a developer of consumer apps for anime fans, raised an $11M round led by </span><span style=""><b>Skycatcher</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/sekai-secures-narutos-license-to-develop-consumer-apps-for-anime-fans/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">AI legal tech startup </span><span style=""><b>Alma</b></span><span style=""> raised a $5.1M seed round from </span><span style=""><b>NEA </b></span><span style="">and more (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/11/immigration-visa-alma-law/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Adfin</b></span><span style="color:black;font-family:Arial, sans-serif;">, a UK fintech helping companies get invoices paid, raised a $4.9M seed round led by </span><span style=""><b>Index Ventures</b></span><span style=""> and </span><span style=""><b>Visionaries Club</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/10/adfin-wants-to-fix-bill-payments-for-tradespeople-lawyers-and-small-companies/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Beeble AI</b></span><span style="color:black;font-family:Arial, sans-serif;">, a virtual VFX solutions for filmmakers, raised a $4.8M seed round led by </span><span style=""><b>Set Ventures</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/10/beeble-ai-raises-4-75m-to-launch-a-virtual-production-platform-for-indie-filmmakers/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Game development startup </span><span style=""><b>Iconic AI</b></span><span style=""> raised a $4M pre-seed round led by </span><span style=""><b>HodlCo</b></span><span style=""> (</span><span style=""><a class="link" href="https://tech.eu/2024/07/11/iconic-ai-raises-4m-for-ai-game-development/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">EU</a></span><span style="">)</span></p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>IPO / Direct Listings / Issuances / Block Trades</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="">India's </span><span style=""><b>Reliance Industries</b></span><span style=""> </span>may consider a spinoff of its telecom arm <span style="">Jio </span>as early as 2025<span style=""> </span>at a potential $112B valuation (<a class="link" href="https://techcrunch.com/2024/07/10/reliance-may-list-jio-at-112-billion-valuation-next-year-jefferies-says/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Shanghai-listed drugmaker <span style=""><b>Biokin </b></span>filed for a ~$500M Hong Kong IPO (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/sichuan-biokin-pharma-files-for-500-million-hong-kong-ipo?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Game developer <span style=""><b>Shift Up</b></span>’s shares jumped 18% in its trading debut after its $320M Korea IPO (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-10/game-maker-shift-up-debuts-in-south-korea-after-320-million-ipo?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> French media conglomerate <span style=""><b>Vivendi</b></span>'s<span style=""><b> Canal+</b></span> is exploring a spinoff in London (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/vivendi-s-broadcaster-canal-is-said-to-explore-london-listing?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Hong Kong-listed <span style=""><b>CK Infrastructure </b></span>is considering an overseas listing (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/ck-infrastructure-says-it-s-considering-second-listing-overseas?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Thailand’s largest music company <span style=""><b>GMM Music</b></span> plans to IPO as early as this year (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/top-thai-music-firm-eyes-ipo-following-tencent-investment" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Debt</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>JPMorgan </b></span>will launch a $2.3B debt sale to fund printing company <span style=""><b>R.R. Donnelley</b></span>'s purchase of <span style=""><b>Vericast</b></span><span style="">'</span>s print and digital marketing unit (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/r-r-donnelley-eyes-2-3-billion-debt-sale-tied-to-vericast-deal?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Blackstone </b></span>will sell $2B in CMBS to fund its $10B acquisition of<span style=""> </span><span style=""><b>AIR Communities </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/blackstone-selling-2-billion-of-cmbs-to-help-fund-acquisition?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Reliance Industries' <span style=""><b>Reliance Ethane </b></span>is seeking a $500M offshore loan to refinance debt (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/reliance-industries-unit-plans-over-500-million-offshore-loan?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>CVC </b></span>is preparing a loan for <span style=""><b>Ligue 1 </b></span>football clubs in case they reject a multi-billion dollar broadcasting deal (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/cvc-said-to-prep-french-football-loan-as-clubs-weigh-media-deal?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Bankruptcy / Restructuring</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Redbox</b></span><span style="">-owner</span><span style=""><b> Chicken Soup for the Soul</b></span><b> Entertainment </b>will liquidate under Chapter 7 (<a class="link" href="https://www.wsj.com/articles/redbox-owner-to-shut-down-kiosk-business-in-bankruptcy-f0cada8d?tpl=br&mod=hp_lead_pos3" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> LA-based<span style=""><b> Elite Restaurant Group </b></span>acquired struggling<span style=""><b> Mod Pizza</b></span>, averting a bankruptcy (<a class="link" href="https://www.usatoday.com/story/money/food/2024/07/11/mod-pizza-elite-restaurant-group-bankruptcy/74333903007/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">USA</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Fundraising</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Flagship Pioneering</b></span>, the biotech VC behind Moderna, raised $3.6B for its eighth fund and parallel funds (<a class="link" href="https://www.ft.com/content/2e530667-49e0-4c8b-895b-d02c7984a6e4" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Manulife IM </b></span>raised $810M for its second PE FOF (<a class="link" href="https://www.prnewswire.com/news-releases/manulife-investment-management-closes-manulife-private-equity-partners-ii-in-partnership-with-alpinvest-302193479.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Space VC <span style=""><b>Alpine Space Ventures </b></span>closed its debut fund at $184M (<a class="link" href="https://techcrunch.com/2024/07/11/alpine-space-ventures-close-first-fund-to-grow-the-space-economy-on-both-sides-of-the-pond/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a>)  </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="crypto-corner" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Crypto Corner</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Crypto HF <span style=""><b>SkyBridge Capital</b></span> effectively barred clients from exiting (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-11/scaramucci-s-skybridge-limits-client-exits-even-as-crypto-soars?srnd=cryptocurrencies-v2" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Two ETF managers launched options on leveraged Bitcoin ETFs (<a class="link" href="https://www.reuters.com/technology/firms-launch-options-swap-based-bitcoin-etf-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Analysts need more info to gauge <span style=""><b>Block</b></span>'s crypto unit's earnings potential (<a class="link" href="https://www.reuters.com/technology/block-investors-need-more-gauge-crypto-units-earnings-potential-analysts-say-2024-07-11/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="execs-picks" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Exec’s Picks</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Amid Bill Hwang's fraud conviction, Reuters published a <a class="link" href="https://www.reuters.com/business/finance/rise-fall-bill-hwangs-archegos-capital-management-2024-05-08/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">timeline of Archegos' spectacular $10B failure</a>. </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="financial-services-recruiting" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Financial Services Recruiting </b>💼<b> </b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.litneypartners.com/" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 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84.7337 137.2 80.0102 134.016 76.0929C127.563 68.1529 118.124 64.0844 105.962 64H105.914C93.777 64.0841 84.4441 68.1681 78.1742 76.1384C72.5949 83.2311 69.7169 93.1 69.6202 105.471L69.6199 105.5L69.6202 105.529C69.7169 117.9 72.5949 127.769 78.1742 134.862C84.4441 142.832 93.777 146.916 105.914 147H105.962C116.753 146.925 124.358 144.1 130.624 137.84C138.822 129.65 138.575 119.385 135.873 113.083C133.934 108.564 130.239 104.893 125.185 102.469ZM106.555 119.985C102.042 120.239 97.3533 118.213 97.1221 113.874C96.9507 110.657 99.4116 107.067 106.832 106.64C107.682 106.591 108.516 106.567 109.335 106.567C112.03 106.567 114.552 106.829 116.844 107.33C115.989 118.008 110.974 119.742 106.555 119.985Z' fill='#BAC2CE'\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href='https://www.linkedin.com/sharing/share-offsite?url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning' target='_blank'\u003e\u003cdiv style='max-width:28px;'\u003e\u003csvg fill='none' height='100%' viewBox='0 0 211 211' width='100%' xmlns='http://www.w3.org/2000/svg'\u003e\u003ccircle cx='105.5' cy='105.5' fill-opacity='0.15' fill='#9CA3AF' r='105.5'\u003e\u003c/circle\u003e\u003cpath d='M82.1892 75.4698C82.1892 80.1362 78.526 83.8026 73.8638 83.8026C69.2015 83.8026 65.5383 80.1362 65.5383 75.4698C65.5383 70.8034 69.2015 67.137 73.8638 67.137C78.526 67.137 82.1892 70.8034 82.1892 75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z' fill='#BAC2CE'\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id='content-blocks'\u003e\u003cdiv style=\"align-items:center;display:flex;flex-direction:column;gap:6px;justify-content:center;margin:0 auto 0 auto;padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:var(--wt-text-on-background-color) !important;display:block;margin:0 auto 0 auto;text-align:center;width:300px;\"\u003e\u003cb\u003e In partnership with \u003c/b\u003e\u003c/p\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026utm_medium=display\u0026utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026utm_term=beehiiv\u0026utm_content=beehiiv\u0026_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none; margin:0 auto 0 auto;width:300px;\" target=\"_blank\"\u003e\u003cimg style=\"width:300px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/ad_network/advertiser/logo/d35da3a8-baba-4b86-bec3-3659c425e481/Intercom_Logo_Lockup_Black.png\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e US markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates… \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let’s dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/091d43f0-0040-402a-a05e-9633e74b015c/image.png?t=1720740626\"/\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/11/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US stock indexes swayed dramatically as investors swapped growth for value after inflation data all but guaranteed a path for Fed rate cuts \u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 beat Nasdaq by the biggest one-day margin ever \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 hit its highest since March 2022 in its best day since November \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e \u0026#39;Mag 7\u0026#39; stocks tumbled 4.5% in their sharpest drop since October 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e S\u0026P and Nasdaq broke seven-day win streaks in their worst day since April \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Traders priced in a September rate cut and 40% chance of three by December \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Europe\u0026#39;s Stoxx 600 hit a one-month high, just inches away from its ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US 2Y to 10Y yields dropped to their lowest since mid-March \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Pound surged to a one-year high versus the dollar \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Yen surged 2.5% in its biggest jump since late-2022 on apparent BOJ intervention \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Emerging market currencies jumped to their highest since May \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDelta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates and projected below-estimate Q3 sales as flight guts weigh on otherwise booming summer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/delta-air-lines-dal-earnings-q2-2024.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e) \u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003ePepsiCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q2 EPS estimates but missed on revenue and gave a cautious FY outlook on weakened US consumer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/pepsico-pep-earnings-q2-2024-earnings.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e) \u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we\u0026#39;re watching this week: \u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eWells Fargo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eCitigroup\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citadel Securities crafts plan to shake up banks\u0026#39; S\u0026T (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desks?srnd=homepage-americas\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US June CPI showed deflation for first time since Covid (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US deficit is down 9% YoY (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/us-june-budget-deficit-shrinks-66-billion-after-calendar-shifts-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK economy returned to growth in May (\u003ca class=\"link\" href=\"https://cnbc.com/2024/07/11/uk-economic-growth-may-2024.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK announced its biggest stock market overhaul in three decades (\u003ca class=\"link\" href=\"https://www.ft.com/content/a990dfd6-ef99-40ca-b382-276f9f811d00\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Investors shun riskier junk bonds as bankruptcies jump (\u003ca class=\"link\" href=\"https://www.ft.com/content/b3d8f5dc-462d-4c1b-873b-9ed9be14b4c3\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portfolio managers expect worse credit conditions in Q3 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/portfolio-managers-expect-worse-credit-conditions-q3-survey-shows-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Goldman\u0026#39;s risky financing engine is driving record revenues (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/inside-goldman-sachs-expanding-risky-financing-engine-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Moody\u0026#39;s warned private credit growth poses new risks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/new-era-private-credit-growth-raises-concerns-moodys-says-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e NFL will allow up to 10% PE ownership of teams (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/nfl-open-to-private-equity-team-ownership-roger-goodell-says.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds turn to South Korea for AI stock bets (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/hedge-funds-turn-south-korea-next-wave-ai-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Japanese stocks saw biggest weekly foreign inflows in six months (\u003ca class=\"link\" href=\"https://www.reuters.com/world/japan/japanese-stocks-log-biggest-weekly-foreign-inflow-nearly-six-months-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citigroup\u0026#39;s new head of banking will receive a $40M ESOP (\u003ca class=\"link\" href=\"https://www.ft.com/content/62f1f2cc-1e9e-4eb2-b28f-2a4064f47572\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PwC UK will reduce bonuses and pay raises after \u0026#39;challenging\u0026#39; year (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f51073a-3d81-4222-a496-16d04c517df6\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Central banks warned of \u0026#39;unsustainable\u0026#39; sovereign debt levels (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-reserve-managers-upbeat-growth-worry-about-politics-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e JPMorgan aims to amass 15% of US consumer deposits (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/jpmorgan-aims-amass-15-us-consumer-deposits-boost-credit-card-share-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cathie Wood recognizes \u0026#39;challenged\u0026#39; returns but insists on future profits (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d957fcf-4613-4a90-a561-0edf5eb8c91f\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Tesla\u0026#39;s share of US EV sales fell below 50% for first time (\u003ca class=\"link\" href=\"https://www.ft.com/content/12483ddd-245c-4ddd-b605-224720aa30c7\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trading houses are poaching top talent from energy giants (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/trading-houses-lure-top-talent-bp-shell-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Ackman touts Berkshire as model for closed-end fund ahead of IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ackman-touts-berkshire-as-model-for-closed-end-fund-ahead-of-ipo?srnd=markets-vp\u0026embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jefferies wound down 352 Capital in wake of lawsuit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/jefferies-winds-down-hedge-fund-352-capital-in-wake-of-lawsuit?embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Lower earners made remarkable earnings progress in past year (\u003ca class=\"link\" href=\"https://www.axios.com/2024/07/11/us-fewer-low-wage-workers-2024\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAX\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-intercom\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From Intercom\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv id=\"intercom-for-startups\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eIntercom for Startups\u003c/h3\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026utm_medium=display\u0026utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026utm_term=beehiiv\u0026utm_content=beehiiv\u0026_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener 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href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026utm_medium=display\u0026utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026utm_term=beehiiv\u0026utm_content=beehiiv\u0026_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eIntercom’s\u003c/a\u003e Early Stage Program to receive a 90% discount. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Get a direct line to your customers. Try the only complete AI-first customer service solution. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003ca class=\"link\" href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026utm_medium=display\u0026utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026utm_term=beehiiv\u0026utm_content=beehiiv\u0026_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eApply now\u003c/a\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBain Capital \u003c/b\u003e\u003c/span\u003ewill acquire wealth management SaaS firm \u003cspan style=\"\"\u003e\u003cb\u003eEnvestnet\u003c/b\u003e\u003c/span\u003e for $4.5B (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/bain-capital-to-buy-envestnet-in-4-5-billion-deal-e2f3b869?tpl=pe\u0026mod=hp_lead_pos1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cspan style=\"\"\u003e\u003cb\u003ePlatinum Equity \u003c/b\u003e\u003c/span\u003eagreed to acquire Canadian aerospace manufacturer \u003cspan style=\"\"\u003e\u003cb\u003eHéroux-Devtek \u003c/b\u003e\u003c/span\u003efor ~$1B, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/gores-platinum-to-take-aerospace-firm-private-for-1-billion?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank \u003c/b\u003e\u003c/span\u003eacquired struggling UK chipmaker \u003cspan style=\"\"\u003e\u003cb\u003eGraphcore\u003c/b\u003e\u003c/span\u003e for ~$600M (\u003ca class=\"link\" href=\"https://www.ft.com/content/e33bab13-2d64-47f7-b0e2-9ba446296234\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German software provider \u003cspan style=\"\"\u003e\u003cb\u003eSNP\u003c/b\u003e\u003c/span\u003e, which has a ~$390M market cap,\u003cspan style=\"\"\u003e\u003cb\u003e \u003c/b\u003e\u003c/span\u003eis exploring a potential sale after receiving takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/software-provider-snp-said-to-weigh-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eAxel Springer\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e, and Canada\u0026#39;s \u003cspan style=\"\"\u003e\u003cb\u003eCPP\u003c/b\u003e\u003c/span\u003e and are in talks to split the business (\u003ca class=\"link\" href=\"https://www.ft.com/content/1d09ac2b-2521-47ec-a6d2-16b52d88167f\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eDefense AI startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHelsing\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $488M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/defence-ai-startup-helsing-raises-487m-series-c-plans-baltic-expansion-to-combat-russian-threat/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eRegard\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a health startup using AI to analyze patients\u0026#39; health data, raised a $61M Series B at a $350M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOak HC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e/\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFT\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/ai-powered-regard-nabs-61m-to-find-missed-illness-boost-hospital-revenue/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eFireworks AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a GenAI inference platform provider, raised a $52M Series B at a $552M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSequoia Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/fireworks-ai-raises-52m-in-series-b-funding.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eArmada\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, an edge computing solutions, raised a $40M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eM12\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240711885904/en/Armada-Announces-40M-in-Strategic-Funding-Round-Led-by-M12/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAutomated professional services startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHerculesAI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $26M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eStreamlined Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/herculesai-has-been-working-with-llms-long-before-it-was-cool/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eVC super-app \u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eHUI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e raised a $27.6M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNimbus Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/hui-secures-25-million-equity-commitment-from-nimbus-capital-302193767.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI construction software startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBuildots\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $15M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIntel Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/intel-capital-backs-ai-construction-startup-that-could-boost-intels-own-manufacturing-prospects/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eIoT security startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eExein\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $16.5M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e33N\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/exein-raised-15m-series-b-to-stop-robotic-arms-going-haywire/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-powered data quality platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoda\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $14M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSingular\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePoint Nine\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/soda-raised-14-million-for-its-ai-driven-data-quality-tools/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eContextual AI assistant startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMedal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $13M round at a $333M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHorizons Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOMERS\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/medal-raises-13m-as-it-builds-out-a-new-ai-platform-for-desktop/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eLemon.markets\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a brokerage-as-a-service platform, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCommerzVentures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHeliad\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/lemon-markets-secures-12m-for-brokerage-as-a-service-platform-expansion/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eDynelectro\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Danish green hydrogen startup, raised an $11M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eEIFO\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVsquared Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/dynelectro-secures-eur11m-for/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eSekai\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a developer of consumer apps for anime fans, raised an $11M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSkycatcher\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/sekai-secures-narutos-license-to-develop-consumer-apps-for-anime-fans/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI legal tech startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlma\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $5.1M seed round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNEA \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003eand more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/immigration-visa-alma-law/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAdfin\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a UK fintech helping companies get invoices paid, raised a $4.9M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIndex Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVisionaries Club\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/adfin-wants-to-fix-bill-payments-for-tradespeople-lawyers-and-small-companies/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eBeeble AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a virtual VFX solutions for filmmakers, raised a $4.8M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSet Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/beeble-ai-raises-4-75m-to-launch-a-virtual-production-platform-for-indie-filmmakers/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eGame development startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIconic AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $4M pre-seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHodlCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/iconic-ai-raises-4m-for-ai-game-development/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Block Trades\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003eIndia\u0026#39;s \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eReliance Industries\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e \u003c/span\u003emay consider a spinoff of its telecom arm \u003cspan style=\"\"\u003eJio \u003c/span\u003eas early as 2025\u003cspan style=\"\"\u003e \u003c/span\u003eat a potential $112B valuation (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/reliance-may-list-jio-at-112-billion-valuation-next-year-jefferies-says/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Shanghai-listed drugmaker \u003cspan style=\"\"\u003e\u003cb\u003eBiokin \u003c/b\u003e\u003c/span\u003efiled for a ~$500M Hong Kong IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/sichuan-biokin-pharma-files-for-500-million-hong-kong-ipo?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Game developer \u003cspan style=\"\"\u003e\u003cb\u003eShift Up\u003c/b\u003e\u003c/span\u003e’s shares jumped 18% in its trading debut after its $320M Korea IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-10/game-maker-shift-up-debuts-in-south-korea-after-320-million-ipo?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e French media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eVivendi\u003c/b\u003e\u003c/span\u003e\u0026#39;s\u003cspan style=\"\"\u003e\u003cb\u003e Canal+\u003c/b\u003e\u003c/span\u003e is exploring a spinoff in London (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/vivendi-s-broadcaster-canal-is-said-to-explore-london-listing?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hong Kong-listed \u003cspan style=\"\"\u003e\u003cb\u003eCK Infrastructure \u003c/b\u003e\u003c/span\u003eis considering an overseas listing (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ck-infrastructure-says-it-s-considering-second-listing-overseas?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Thailand’s largest music company \u003cspan style=\"\"\u003e\u003cb\u003eGMM Music\u003c/b\u003e\u003c/span\u003e plans to IPO as early as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/top-thai-music-firm-eyes-ipo-following-tencent-investment\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan \u003c/b\u003e\u003c/span\u003ewill launch a $2.3B debt sale to fund printing company \u003cspan style=\"\"\u003e\u003cb\u003eR.R. Donnelley\u003c/b\u003e\u003c/span\u003e\u0026#39;s purchase of \u003cspan style=\"\"\u003e\u003cb\u003eVericast\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026#39;\u003c/span\u003es print and digital marketing unit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/r-r-donnelley-eyes-2-3-billion-debt-sale-tied-to-vericast-deal?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003ewill sell $2B in CMBS to fund its $10B acquisition of\u003cspan style=\"\"\u003e \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/blackstone-selling-2-billion-of-cmbs-to-help-fund-acquisition?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Reliance Industries\u0026#39; \u003cspan style=\"\"\u003e\u003cb\u003eReliance Ethane \u003c/b\u003e\u003c/span\u003eis seeking a $500M offshore loan to refinance debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/reliance-industries-unit-plans-over-500-million-offshore-loan?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eis preparing a loan for \u003cspan style=\"\"\u003e\u003cb\u003eLigue 1 \u003c/b\u003e\u003c/span\u003efootball clubs in case they reject a multi-billion dollar broadcasting deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/cvc-said-to-prep-french-football-loan-as-clubs-weigh-media-deal?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eRedbox\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e-owner\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e Chicken Soup for the Soul\u003c/b\u003e\u003c/span\u003e\u003cb\u003e Entertainment \u003c/b\u003ewill liquidate under Chapter 7 (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/redbox-owner-to-shut-down-kiosk-business-in-bankruptcy-f0cada8d?tpl=br\u0026mod=hp_lead_pos3\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e LA-based\u003cspan style=\"\"\u003e\u003cb\u003e Elite Restaurant Group \u003c/b\u003e\u003c/span\u003eacquired struggling\u003cspan style=\"\"\u003e\u003cb\u003e Mod Pizza\u003c/b\u003e\u003c/span\u003e, averting a bankruptcy (\u003ca class=\"link\" href=\"https://www.usatoday.com/story/money/food/2024/07/11/mod-pizza-elite-restaurant-group-bankruptcy/74333903007/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUSA\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFlagship Pioneering\u003c/b\u003e\u003c/span\u003e, the biotech VC behind Moderna, raised $3.6B for its eighth fund and parallel funds (\u003ca class=\"link\" href=\"https://www.ft.com/content/2e530667-49e0-4c8b-895b-d02c7984a6e4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eManulife IM \u003c/b\u003e\u003c/span\u003eraised $810M for its second PE FOF (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/manulife-investment-management-closes-manulife-private-equity-partners-ii-in-partnership-with-alpinvest-302193479.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Space VC \u003cspan style=\"\"\u003e\u003cb\u003eAlpine Space Ventures \u003c/b\u003e\u003c/span\u003eclosed its debut fund at $184M (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/alpine-space-ventures-close-first-fund-to-grow-the-space-economy-on-both-sides-of-the-pond/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Crypto HF \u003cspan style=\"\"\u003e\u003cb\u003eSkyBridge Capital\u003c/b\u003e\u003c/span\u003e effectively barred clients from exiting (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/scaramucci-s-skybridge-limits-client-exits-even-as-crypto-soars?srnd=cryptocurrencies-v2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Two ETF managers launched options on leveraged Bitcoin ETFs (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/firms-launch-options-swap-based-bitcoin-etf-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Analysts need more info to gauge \u003cspan style=\"\"\u003e\u003cb\u003eBlock\u003c/b\u003e\u003c/span\u003e\u0026#39;s crypto unit\u0026#39;s earnings potential (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/block-investors-need-more-gauge-crypto-units-earnings-potential-analysts-say-2024-07-11/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec’s Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Amid Bill Hwang\u0026#39;s fraud conviction, Reuters published a \u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/rise-fall-bill-hwangs-archegos-capital-management-2024-05-08/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003etimeline of Archegos\u0026#39; spectacular $10B failure\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"financial-services-recruiting\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eFinancial Services Recruiting \u003c/b\u003e💼\u003cb\u003e \u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e If you\u0026#39;re currently a junior banker looking to break into the buy side, lateral to another investment bank, or consider new paths amid changing market dynamics, it\u0026#39;s time you check out \u003cb\u003eLitney Partners\u003c/b\u003e, a partnership between Litquidity and Whitney Partners (the oldest purely financial services executive search and consulting firm). \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eWe aim to place strong candidates across private equity, hedge funds, venture capital, growth equity, debt funds, and investment banking. \u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e To get started, simply head over to \u003ca class=\"link\" href=\"https://www.litneypartners.com/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eLitney Partners\u003c/a\u003e and create your profile by dropping your resume / filling out the form: \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e GET HIRED \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eMeme Cleanser\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/netcapgirl/status/1811415948798366178\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ad4fd686-875e-41e8-84c9-a458f2b3d362/image.png?t=1720742351\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/RampCapitalLLC/status/1811081908044066971\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d0f5b319-9f32-42a1-b7c6-94c070050e49/image.png?t=1720742928\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/ChrisJBakke/status/1811552709658706421\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9512ec3d-1daa-466c-962c-a7da940fa37f/image.png?t=1720743109\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; 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auto;\"\u003e\u003cdiv class=\"bg-wt-background text-wt-text-on-background\"\u003e\u003cdiv style=\"padding-top:1.5rem; padding-bottom:1.5rem;\"\u003e\u003cstyle\u003e\n .bh__byline_wrapper {\n font-size: .875rem;\n line-height: 1.25rem;\n vertical-align: middle;\n justify-content: space-between;\n display: block;\n }\n \n .bh__byline_social_wrapper {\n display: flex;\n margin-top: 0.5rem;\n align-items: center;\n }\n \n .bh__byline_social_wrapper \u003e * + * {\n margin-left: 1rem;\n }\n \n @media (min-width: 768px) {\n .bh__byline_wrapper {\n display: flex;\n }\n \n .bh__byline_social_wrapper {\n margin-top: 0rem;\n }\n }\n\u003c/style\u003e\u003cdiv id=\"web-header\" style=\"padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;\"\u003e\u003ch1 style=\"font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;\"\u003eMajor Market Reckoning\u003c/h1\u003e\u003ch2 style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eUS markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates…\u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv style=\"display:flex; align-items:center;\"\u003e\u003cp style=\"left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;\"\u003e\u003cspan\u003e\u003ca href=\"https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a\" target=\"_blank\" style=\"color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;\"\u003eLitquidity Capital\u003c/a\u003e\u003c/span\u003e\u003cbr\u003e\u003cspan class=\"text-wt-text-on-background\" style=\"opacity:0.75;\"\u003e July 12, 2024 \u003c/span\u003e\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\"bh__byline_social_wrapper\"\u003e\u003ca href=\"https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 212 212\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"106.214\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M96.9223 92.1778H87.0327V105.498H96.9223V145.461H113.405V105.498H125.273L126.591 92.1778H113.405V86.5165C113.405 83.5193 114.064 82.1873 117.031 82.1873H126.591V65.5364H114.064C102.197 65.5364 96.9223 70.8647 96.9223 80.8552V92.1778Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://twitter.com/intent/tweet?text=US+markets+had+a+historic+day+as+CPI+showed+deflation+for+the+first+time+since+Covid.+Tech%2C+mega+caps%2C+yields+and+the+dollar+all+tumbled+as+investors+re-positioned+for+an+end+to+high+rates%E2%80%A6\u0026amp;url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning\u0026amp;via=litcapital\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 52 52\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"26\" cy=\"26\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" 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102.133 124.097 101.975C123.456 90.1702 117.006 83.4121 106.175 83.3429C106.126 83.3426 106.077 83.3426 106.028 83.3426C99.5502 83.3426 94.1624 86.1078 90.8463 91.1396L96.8028 95.2256C99.2801 91.4671 103.168 90.6658 106.031 90.6658C106.064 90.6658 106.097 90.6658 106.13 90.6661C109.696 90.6889 112.387 91.7257 114.129 93.7477C115.397 95.2198 116.244 97.254 116.664 99.8213C113.502 99.2839 110.083 99.1187 106.427 99.3283C96.13 99.9214 89.5101 105.927 89.9547 114.272C90.1803 118.505 92.2891 122.147 95.8924 124.526C98.9389 126.537 102.863 127.52 106.941 127.297C112.326 127.002 116.551 124.948 119.498 121.19C121.737 118.337 123.152 114.64 123.777 109.981C126.344 111.53 128.246 113.568 129.296 116.019C131.083 120.184 131.187 127.028 125.602 132.608C120.709 137.496 114.827 139.611 105.938 139.677C96.0779 139.603 88.6207 136.441 83.7723 130.278C79.2321 124.506 76.8857 116.17 76.7982 105.5C76.8857 94.8301 79.2321 86.4937 83.7723 80.7222C88.6207 74.5587 96.0778 71.3965 105.938 71.3232C115.87 71.3971 123.457 74.5745 128.491 80.7677C130.959 83.8048 132.82 87.6242 134.047 92.0775L141.028 90.2151C139.54 84.7337 137.2 80.0102 134.016 76.0929C127.563 68.1529 118.124 64.0844 105.962 64H105.914C93.777 64.0841 84.4441 68.1681 78.1742 76.1384C72.5949 83.2311 69.7169 93.1 69.6202 105.471L69.6199 105.5L69.6202 105.529C69.7169 117.9 72.5949 127.769 78.1742 134.862C84.4441 142.832 93.777 146.916 105.914 147H105.962C116.753 146.925 124.358 144.1 130.624 137.84C138.822 129.65 138.575 119.385 135.873 113.083C133.934 108.564 130.239 104.893 125.185 102.469ZM106.555 119.985C102.042 120.239 97.3533 118.213 97.1221 113.874C96.9507 110.657 99.4116 107.067 106.832 106.64C107.682 106.591 108.516 106.567 109.335 106.567C112.03 106.567 114.552 106.829 116.844 107.33C115.989 118.008 110.974 119.742 106.555 119.985Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca 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fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cdiv style=\"align-items:center;display:flex;flex-direction:column;gap:6px;justify-content:center;margin:0 auto 0 auto;padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:var(--wt-text-on-background-color) !important;display:block;margin:0 auto 0 auto;text-align:center;width:300px;\"\u003e\u003cb\u003e In partnership with \u003c/b\u003e\u003c/p\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none; margin:0 auto 0 auto;width:300px;\" target=\"_blank\"\u003e\u003cimg style=\"width:300px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/ad_network/advertiser/logo/d35da3a8-baba-4b86-bec3-3659c425e481/Intercom_Logo_Lockup_Black.png\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e US markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates… \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let’s dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/091d43f0-0040-402a-a05e-9633e74b015c/image.png?t=1720740626\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/11/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US stock indexes swayed dramatically as investors swapped growth for value after inflation data all but guaranteed a path for Fed rate cuts \u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 beat Nasdaq by the biggest one-day margin ever \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 hit its highest since March 2022 in its best day since November \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e 'Mag 7' stocks tumbled 4.5% in their sharpest drop since October 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e S\u0026amp;P and Nasdaq broke seven-day win streaks in their worst day since April \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Traders priced in a September rate cut and 40% chance of three by December\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Europe's Stoxx 600 hit a one-month high, just inches away from its ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US 2Y to 10Y yields dropped to their lowest since mid-March \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Pound surged to a one-year high versus the dollar \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Yen surged 2.5% in its biggest jump since late-2022 on apparent BOJ intervention \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Emerging market currencies jumped to their highest since May \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDelta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates and projected below-estimate Q3 sales as flight guts weigh on otherwise booming summer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/delta-air-lines-dal-earnings-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003ePepsiCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q2 EPS estimates but missed on revenue and gave a cautious FY outlook on weakened US consumer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/pepsico-pep-earnings-q2-2024-earnings.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we're watching this week:\u0026nbsp;\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eWells Fargo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eCitigroup\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citadel Securities crafts plan to shake up banks' S\u0026amp;T (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desks?srnd=homepage-americas\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US June CPI showed deflation for first time since Covid (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US deficit is down 9% YoY (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/us-june-budget-deficit-shrinks-66-billion-after-calendar-shifts-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK economy returned to growth in May (\u003ca class=\"link\" href=\"https://cnbc.com/2024/07/11/uk-economic-growth-may-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK announced its biggest stock market overhaul in three decades (\u003ca class=\"link\" href=\"https://www.ft.com/content/a990dfd6-ef99-40ca-b382-276f9f811d00\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Investors shun riskier junk bonds as bankruptcies jump (\u003ca class=\"link\" href=\"https://www.ft.com/content/b3d8f5dc-462d-4c1b-873b-9ed9be14b4c3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portfolio managers expect worse credit conditions in Q3 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/portfolio-managers-expect-worse-credit-conditions-q3-survey-shows-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Goldman's risky financing engine is driving record revenues (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/inside-goldman-sachs-expanding-risky-financing-engine-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Moody's warned private credit growth poses new risks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/new-era-private-credit-growth-raises-concerns-moodys-says-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e NFL will allow up to 10% PE ownership of teams (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/nfl-open-to-private-equity-team-ownership-roger-goodell-says.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds turn to South Korea for AI stock bets (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/hedge-funds-turn-south-korea-next-wave-ai-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Japanese stocks saw biggest weekly foreign inflows in six months (\u003ca class=\"link\" href=\"https://www.reuters.com/world/japan/japanese-stocks-log-biggest-weekly-foreign-inflow-nearly-six-months-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citigroup's new head of banking will receive a $40M ESOP (\u003ca class=\"link\" href=\"https://www.ft.com/content/62f1f2cc-1e9e-4eb2-b28f-2a4064f47572\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PwC UK will reduce bonuses and pay raises after 'challenging' year (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f51073a-3d81-4222-a496-16d04c517df6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Central banks warned of 'unsustainable' sovereign debt levels (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-reserve-managers-upbeat-growth-worry-about-politics-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e JPMorgan aims to amass 15% of US consumer deposits (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/jpmorgan-aims-amass-15-us-consumer-deposits-boost-credit-card-share-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cathie Wood recognizes 'challenged' returns but insists on future profits (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d957fcf-4613-4a90-a561-0edf5eb8c91f\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Tesla's share of US EV sales fell below 50% for first time (\u003ca class=\"link\" href=\"https://www.ft.com/content/12483ddd-245c-4ddd-b605-224720aa30c7\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trading houses are poaching top talent from energy giants (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/trading-houses-lure-top-talent-bp-shell-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Ackman touts Berkshire as model for closed-end fund ahead of IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ackman-touts-berkshire-as-model-for-closed-end-fund-ahead-of-ipo?srnd=markets-vp\u0026amp;embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jefferies wound down 352 Capital in wake of lawsuit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/jefferies-winds-down-hedge-fund-352-capital-in-wake-of-lawsuit?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Lower earners made remarkable earnings progress in past year (\u003ca class=\"link\" href=\"https://www.axios.com/2024/07/11/us-fewer-low-wage-workers-2024\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAX\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-intercom\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From Intercom\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv id=\"intercom-for-startups\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eIntercom for Startups\u003c/h3\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ee8e9302-68f8-4248-a005-89fd2a02dc12/Displayad_1104x360_startup_opt1.png?t=1718631986\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Join \u003ca class=\"link\" href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eIntercom’s\u003c/a\u003e Early Stage Program to receive a 90% discount. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Get a direct line to your customers. Try the only complete AI-first customer service solution. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003ca class=\"link\" href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eApply now\u003c/a\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBain Capital \u003c/b\u003e\u003c/span\u003ewill acquire wealth management SaaS firm \u003cspan style=\"\"\u003e\u003cb\u003eEnvestnet\u003c/b\u003e\u003c/span\u003e for $4.5B (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/bain-capital-to-buy-envestnet-in-4-5-billion-deal-e2f3b869?tpl=pe\u0026amp;mod=hp_lead_pos1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cspan style=\"\"\u003e\u003cb\u003ePlatinum Equity \u003c/b\u003e\u003c/span\u003eagreed to acquire Canadian aerospace manufacturer \u003cspan style=\"\"\u003e\u003cb\u003eHéroux-Devtek \u003c/b\u003e\u003c/span\u003efor ~$1B, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/gores-platinum-to-take-aerospace-firm-private-for-1-billion?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank \u003c/b\u003e\u003c/span\u003eacquired struggling UK chipmaker \u003cspan style=\"\"\u003e\u003cb\u003eGraphcore\u003c/b\u003e\u003c/span\u003e for ~$600M (\u003ca class=\"link\" href=\"https://www.ft.com/content/e33bab13-2d64-47f7-b0e2-9ba446296234\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German software provider \u003cspan style=\"\"\u003e\u003cb\u003eSNP\u003c/b\u003e\u003c/span\u003e, which has a ~$390M market cap,\u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003eis exploring a potential sale after receiving takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/software-provider-snp-said-to-weigh-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eAxel Springer\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e, and Canada's \u003cspan style=\"\"\u003e\u003cb\u003eCPP\u003c/b\u003e\u003c/span\u003e and are in talks to split the business (\u003ca class=\"link\" href=\"https://www.ft.com/content/1d09ac2b-2521-47ec-a6d2-16b52d88167f\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eDefense AI startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHelsing\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $488M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/defence-ai-startup-helsing-raises-487m-series-c-plans-baltic-expansion-to-combat-russian-threat/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eRegard\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a health startup using AI to analyze patients' health data, raised a $61M Series B at a $350M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOak HC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e/\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFT\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/ai-powered-regard-nabs-61m-to-find-missed-illness-boost-hospital-revenue/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eFireworks AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a GenAI inference platform provider, raised a $52M Series B at a $552M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSequoia Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/fireworks-ai-raises-52m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eArmada\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, an edge computing solutions, raised a $40M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eM12\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240711885904/en/Armada-Announces-40M-in-Strategic-Funding-Round-Led-by-M12/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAutomated professional services startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHerculesAI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $26M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eStreamlined Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/herculesai-has-been-working-with-llms-long-before-it-was-cool/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eVC super-app \u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eHUI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e raised a $27.6M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNimbus Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/hui-secures-25-million-equity-commitment-from-nimbus-capital-302193767.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI construction software startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBuildots\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $15M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIntel Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/intel-capital-backs-ai-construction-startup-that-could-boost-intels-own-manufacturing-prospects/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eIoT security startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eExein\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $16.5M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e33N\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/exein-raised-15m-series-b-to-stop-robotic-arms-going-haywire/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-powered data quality platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoda\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $14M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSingular\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePoint Nine\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/soda-raised-14-million-for-its-ai-driven-data-quality-tools/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eContextual AI assistant startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMedal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $13M round at a $333M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHorizons Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOMERS\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/medal-raises-13m-as-it-builds-out-a-new-ai-platform-for-desktop/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eLemon.markets\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a brokerage-as-a-service platform, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCommerzVentures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHeliad\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/lemon-markets-secures-12m-for-brokerage-as-a-service-platform-expansion/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eDynelectro\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Danish green hydrogen startup, raised an $11M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eEIFO\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVsquared Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/dynelectro-secures-eur11m-for/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eSekai\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a developer of consumer apps for anime fans, raised an $11M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSkycatcher\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/sekai-secures-narutos-license-to-develop-consumer-apps-for-anime-fans/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI legal tech startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlma\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $5.1M seed round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNEA \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003eand more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/immigration-visa-alma-law/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAdfin\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a UK fintech helping companies get invoices paid, raised a $4.9M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIndex Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVisionaries Club\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/adfin-wants-to-fix-bill-payments-for-tradespeople-lawyers-and-small-companies/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eBeeble AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a virtual VFX solutions for filmmakers, raised a $4.8M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSet Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/beeble-ai-raises-4-75m-to-launch-a-virtual-production-platform-for-indie-filmmakers/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eGame development startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIconic AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $4M pre-seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHodlCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/iconic-ai-raises-4m-for-ai-game-development/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Block Trades\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003eIndia's \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eReliance Industries\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003emay consider a spinoff of its telecom arm \u003cspan style=\"\"\u003eJio \u003c/span\u003eas early as 2025\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eat a potential $112B valuation (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/reliance-may-list-jio-at-112-billion-valuation-next-year-jefferies-says/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Shanghai-listed drugmaker \u003cspan style=\"\"\u003e\u003cb\u003eBiokin \u003c/b\u003e\u003c/span\u003efiled for a ~$500M Hong Kong IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/sichuan-biokin-pharma-files-for-500-million-hong-kong-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Game developer \u003cspan style=\"\"\u003e\u003cb\u003eShift Up\u003c/b\u003e\u003c/span\u003e’s shares jumped 18% in its trading debut after its $320M Korea IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-10/game-maker-shift-up-debuts-in-south-korea-after-320-million-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e French media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eVivendi\u003c/b\u003e\u003c/span\u003e's\u003cspan style=\"\"\u003e\u003cb\u003e Canal+\u003c/b\u003e\u003c/span\u003e is exploring a spinoff in London (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/vivendi-s-broadcaster-canal-is-said-to-explore-london-listing?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hong Kong-listed \u003cspan style=\"\"\u003e\u003cb\u003eCK Infrastructure \u003c/b\u003e\u003c/span\u003eis considering an overseas listing (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ck-infrastructure-says-it-s-considering-second-listing-overseas?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Thailand’s largest music company \u003cspan style=\"\"\u003e\u003cb\u003eGMM Music\u003c/b\u003e\u003c/span\u003e plans to IPO as early as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/top-thai-music-firm-eyes-ipo-following-tencent-investment\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan \u003c/b\u003e\u003c/span\u003ewill launch a $2.3B debt sale to fund printing company \u003cspan style=\"\"\u003e\u003cb\u003eR.R. Donnelley\u003c/b\u003e\u003c/span\u003e's purchase of \u003cspan style=\"\"\u003e\u003cb\u003eVericast\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e'\u003c/span\u003es print and digital marketing unit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/r-r-donnelley-eyes-2-3-billion-debt-sale-tied-to-vericast-deal?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003ewill sell $2B in CMBS to fund its $10B acquisition of\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/blackstone-selling-2-billion-of-cmbs-to-help-fund-acquisition?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Reliance Industries' \u003cspan style=\"\"\u003e\u003cb\u003eReliance Ethane \u003c/b\u003e\u003c/span\u003eis seeking a $500M offshore loan to refinance debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/reliance-industries-unit-plans-over-500-million-offshore-loan?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eis preparing a loan for \u003cspan style=\"\"\u003e\u003cb\u003eLigue 1 \u003c/b\u003e\u003c/span\u003efootball clubs in case they reject a multi-billion dollar broadcasting deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/cvc-said-to-prep-french-football-loan-as-clubs-weigh-media-deal?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eRedbox\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e-owner\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e Chicken Soup for the Soul\u003c/b\u003e\u003c/span\u003e\u003cb\u003e Entertainment \u003c/b\u003ewill liquidate under Chapter 7 (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/redbox-owner-to-shut-down-kiosk-business-in-bankruptcy-f0cada8d?tpl=br\u0026amp;mod=hp_lead_pos3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e LA-based\u003cspan style=\"\"\u003e\u003cb\u003e Elite Restaurant Group \u003c/b\u003e\u003c/span\u003eacquired struggling\u003cspan style=\"\"\u003e\u003cb\u003e Mod Pizza\u003c/b\u003e\u003c/span\u003e, averting a bankruptcy (\u003ca class=\"link\" href=\"https://www.usatoday.com/story/money/food/2024/07/11/mod-pizza-elite-restaurant-group-bankruptcy/74333903007/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUSA\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFlagship Pioneering\u003c/b\u003e\u003c/span\u003e, the biotech VC behind Moderna, raised $3.6B for its eighth fund and parallel funds (\u003ca class=\"link\" href=\"https://www.ft.com/content/2e530667-49e0-4c8b-895b-d02c7984a6e4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eManulife IM \u003c/b\u003e\u003c/span\u003eraised $810M for its second PE FOF (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/manulife-investment-management-closes-manulife-private-equity-partners-ii-in-partnership-with-alpinvest-302193479.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Space VC \u003cspan style=\"\"\u003e\u003cb\u003eAlpine Space Ventures \u003c/b\u003e\u003c/span\u003eclosed its debut fund at $184M (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/alpine-space-ventures-close-first-fund-to-grow-the-space-economy-on-both-sides-of-the-pond/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Crypto HF \u003cspan style=\"\"\u003e\u003cb\u003eSkyBridge Capital\u003c/b\u003e\u003c/span\u003e effectively barred clients from exiting (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/scaramucci-s-skybridge-limits-client-exits-even-as-crypto-soars?srnd=cryptocurrencies-v2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Two ETF managers launched options on leveraged Bitcoin ETFs (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/firms-launch-options-swap-based-bitcoin-etf-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Analysts need more info to gauge \u003cspan style=\"\"\u003e\u003cb\u003eBlock\u003c/b\u003e\u003c/span\u003e's crypto unit's earnings potential (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/block-investors-need-more-gauge-crypto-units-earnings-potential-analysts-say-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec’s Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Amid Bill Hwang's fraud conviction, Reuters published a \u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/rise-fall-bill-hwangs-archegos-capital-management-2024-05-08/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003etimeline of Archegos' spectacular $10B failure\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"financial-services-recruiting\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eFinancial Services Recruiting \u003c/b\u003e💼\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e If you're currently a junior banker looking to break into the buy side, lateral to another investment bank, or consider new paths amid changing market dynamics, it's time you check out \u003cb\u003eLitney Partners\u003c/b\u003e, a partnership between Litquidity and Whitney Partners (the oldest purely financial services executive search and consulting firm). \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eWe aim to place strong candidates across private equity, hedge funds, venture capital, growth equity, debt funds, and investment banking. \u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e To get started, simply head over to \u003ca class=\"link\" href=\"https://www.litneypartners.com/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eLitney Partners\u003c/a\u003e and create your profile by dropping your resume / filling out the form: \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e GET HIRED \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eMeme Cleanser\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/netcapgirl/status/1811415948798366178\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ad4fd686-875e-41e8-84c9-a458f2b3d362/image.png?t=1720742351\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/RampCapitalLLC/status/1811081908044066971\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d0f5b319-9f32-42a1-b7c6-94c070050e49/image.png?t=1720742928\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/ChrisJBakke/status/1811552709658706421\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9512ec3d-1daa-466c-962c-a7da940fa37f/image.png?t=1720743109\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://forms.gle/avC7V9tJseG6P39Q9\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAdvertise with us\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://litquidity.co/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eVisit our merch store\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://forms.gle/Ukgywm3t79cqTSKA8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eInvest alongside Lit Ventures\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://calendly.com/litquidity\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBook a call with Lit\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://www.beehiiv.com/?via=litquidity\u0026amp;_ga=2.68091284.425865747.1655068082-1751285988.1638793928\u0026amp;_gl=1*8md5w7*_gcl_au*NDIwODY2NjAyLjE2ODA3MDIwOTIuMTI3MDk0OTA2Ny4xNjg0NzI1NzYzLjE2ODQ3MjU3NjM.*_ga*NjA3NTUwNDEuMTY4MDcwMjA5Mg..*_ga_E6Y4WLQ2EC*MTY4NDg5NTkzOS4yOTguMS4xNjg0ODk3OTY3LjYwLjAuMA..\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eLaunch your own newsletter\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e","truncatedHtml":"\u003cdiv\u003e\u003cdiv\u003e\u003clink href=\"https://fonts.gstatic.com\" rel=\"preconnect\"\u003e\u003clink href=\"https://fonts.googleapis.com/css2?family=Roboto\u0026amp;display=swap\" rel=\"stylesheet\"\u003e\u003clink href=\"https://fonts.googleapis.com/css2?family=Roboto\u0026amp;display=swap\" rel=\"stylesheet\"\u003e\u003clink href=\"https://fonts.googleapis.com/css2?family=Roboto\u0026amp;display=swap\" rel=\"stylesheet\"\u003e\u003cstyle type=\"text/css\"\u003e\n:root {\n --wt-primary-color: #001585;\n --wt-text-on-primary-color: #FFFFFF;\n\n --wt-secondary-color: #F9FAFB;\n --wt-text-on-secondary-color: #030712;\n\n --wt-tertiary-color: #FFFFFF;\n --wt-text-on-tertiary-color: #222222;\n\n --wt-background-color: #FFFFFF;\n --wt-text-on-background-color: #222222;\n\n --wt-subscribe-background-color: #FFFFFF;\n --wt-text-on-subscribe-background-color: #222222;\n\n --wt-header-font: \"Roboto\", ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto,\"Helvetica Neue\", Arial, \"Noto Sans\", sans-serif, \"Apple Color Emoji\", \"Segoe UI Emoji\", \"Segoe UI Symbol\", \"Noto Color Emoji\";\n --wt-body-font: \"Roboto\", ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, \"Helvetica Neue\", Arial, \"Noto Sans\", sans-serif, \"Apple Color Emoji\", \"Segoe UI Emoji\", \"Segoe UI Symbol\", \"Noto Color Emoji\";\n --wt-button-font: \"Roboto\", ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, \"Helvetica Neue\", Arial, \"Noto Sans\", sans-serif, \"Apple Color Emoji\", \"Segoe UI Emoji\", \"Segoe UI Symbol\", \"Noto Color Emoji\";\n\n --wt-border-radius: 8px\n}\n\n.bg-wt-primary { background-color: var(--wt-primary-color); 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background-color:#FFFFFF; }\n .table-c p { color: #2D2D2D; font-family:'Helvetica',Arial,sans-serif !important; overflow-wrap: break-word; }\n .table-h { padding:5px; background-color:#F1F1F1; }\n .table-h p { color: #2A2A2A; font-family:'Trebuchet MS','Lucida Grande',Tahoma,sans-serif !important; overflow-wrap: break-word; }\n\u003c/style\u003e\u003c/div\u003e\u003cdiv class=\"bg-wt-background\" style=\"color: var(--wt-text-on-background-color) !important;\"\u003e\u003cdiv class=\"rendered-post\" style=\"max-width: 672px; margin: 0 auto;\"\u003e\u003cdiv class=\"bg-wt-background text-wt-text-on-background\"\u003e\u003cdiv style=\"padding-top:1.5rem; padding-bottom:1.5rem;\"\u003e\u003cstyle\u003e\n .bh__byline_wrapper {\n font-size: .875rem;\n line-height: 1.25rem;\n vertical-align: middle;\n justify-content: space-between;\n display: block;\n }\n \n .bh__byline_social_wrapper {\n display: flex;\n margin-top: 0.5rem;\n align-items: center;\n }\n \n .bh__byline_social_wrapper \u003e * + * {\n margin-left: 1rem;\n }\n \n @media (min-width: 768px) {\n .bh__byline_wrapper {\n display: flex;\n }\n \n .bh__byline_social_wrapper {\n margin-top: 0rem;\n }\n }\n\u003c/style\u003e\u003cdiv id=\"web-header\" style=\"padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;\"\u003e\u003ch1 style=\"font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;\"\u003eMajor Market Reckoning\u003c/h1\u003e\u003ch2 style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eUS markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates…\u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv style=\"display:flex; align-items:center;\"\u003e\u003cp style=\"left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;\"\u003e\u003cspan\u003e\u003ca href=\"https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a\" target=\"_blank\" style=\"color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;\"\u003eLitquidity Capital\u003c/a\u003e\u003c/span\u003e\u003cbr\u003e\u003cspan class=\"text-wt-text-on-background\" style=\"opacity:0.75;\"\u003e July 12, 2024 \u003c/span\u003e\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\"bh__byline_social_wrapper\"\u003e\u003ca href=\"https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 212 212\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"106.214\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M96.9223 92.1778H87.0327V105.498H96.9223V145.461H113.405V105.498H125.273L126.591 92.1778H113.405V86.5165C113.405 83.5193 114.064 82.1873 117.031 82.1873H126.591V65.5364H114.064C102.197 65.5364 96.9223 70.8647 96.9223 80.8552V92.1778Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://twitter.com/intent/tweet?text=US+markets+had+a+historic+day+as+CPI+showed+deflation+for+the+first+time+since+Covid.+Tech%2C+mega+caps%2C+yields+and+the+dollar+all+tumbled+as+investors+re-positioned+for+an+end+to+high+rates%E2%80%A6\u0026amp;url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fmajor-market-reckoning\u0026amp;via=litcapital\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 52 52\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"26\" cy=\"26\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" 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71.3971 123.457 74.5745 128.491 80.7677C130.959 83.8048 132.82 87.6242 134.047 92.0775L141.028 90.2151C139.54 84.7337 137.2 80.0102 134.016 76.0929C127.563 68.1529 118.124 64.0844 105.962 64H105.914C93.777 64.0841 84.4441 68.1681 78.1742 76.1384C72.5949 83.2311 69.7169 93.1 69.6202 105.471L69.6199 105.5L69.6202 105.529C69.7169 117.9 72.5949 127.769 78.1742 134.862C84.4441 142.832 93.777 146.916 105.914 147H105.962C116.753 146.925 124.358 144.1 130.624 137.84C138.822 129.65 138.575 119.385 135.873 113.083C133.934 108.564 130.239 104.893 125.185 102.469ZM106.555 119.985C102.042 120.239 97.3533 118.213 97.1221 113.874C96.9507 110.657 99.4116 107.067 106.832 106.64C107.682 106.591 108.516 106.567 109.335 106.567C112.03 106.567 114.552 106.829 116.844 107.33C115.989 118.008 110.974 119.742 106.555 119.985Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca 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fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cdiv style=\"align-items:center;display:flex;flex-direction:column;gap:6px;justify-content:center;margin:0 auto 0 auto;padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:var(--wt-text-on-background-color) !important;display:block;margin:0 auto 0 auto;text-align:center;width:300px;\"\u003e\u003cb\u003e In partnership with \u003c/b\u003e\u003c/p\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none; margin:0 auto 0 auto;width:300px;\" target=\"_blank\"\u003e\u003cimg style=\"width:300px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/ad_network/advertiser/logo/d35da3a8-baba-4b86-bec3-3659c425e481/Intercom_Logo_Lockup_Black.png\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e US markets had a historic day as CPI showed deflation for the first time since Covid. Tech, mega caps, yields and the dollar all tumbled as investors re-positioned for an end to high rates… \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let’s dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/091d43f0-0040-402a-a05e-9633e74b015c/image.png?t=1720740626\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/11/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US stock indexes swayed dramatically as investors swapped growth for value after inflation data all but guaranteed a path for Fed rate cuts \u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 beat Nasdaq by the biggest one-day margin ever \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 hit its highest since March 2022 in its best day since November \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e 'Mag 7' stocks tumbled 4.5% in their sharpest drop since October 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e S\u0026amp;P and Nasdaq broke seven-day win streaks in their worst day since April \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Traders priced in a September rate cut and 40% chance of three by December\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Europe's Stoxx 600 hit a one-month high, just inches away from its ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US 2Y to 10Y yields dropped to their lowest since mid-March \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Pound surged to a one-year high versus the dollar \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Yen surged 2.5% in its biggest jump since late-2022 on apparent BOJ intervention \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Emerging market currencies jumped to their highest since May \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDelta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates and projected below-estimate Q3 sales as flight guts weigh on otherwise booming summer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/delta-air-lines-dal-earnings-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003ePepsiCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q2 EPS estimates but missed on revenue and gave a cautious FY outlook on weakened US consumer demand (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/pepsico-pep-earnings-q2-2024-earnings.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we're watching this week:\u0026nbsp;\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eWells Fargo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eCitigroup\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citadel Securities crafts plan to shake up banks' S\u0026amp;T (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desks?srnd=homepage-americas\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US June CPI showed deflation for first time since Covid (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US deficit is down 9% YoY (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/us-june-budget-deficit-shrinks-66-billion-after-calendar-shifts-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK economy returned to growth in May (\u003ca class=\"link\" href=\"https://cnbc.com/2024/07/11/uk-economic-growth-may-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e UK announced its biggest stock market overhaul in three decades (\u003ca class=\"link\" href=\"https://www.ft.com/content/a990dfd6-ef99-40ca-b382-276f9f811d00\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Investors shun riskier junk bonds as bankruptcies jump (\u003ca class=\"link\" href=\"https://www.ft.com/content/b3d8f5dc-462d-4c1b-873b-9ed9be14b4c3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portfolio managers expect worse credit conditions in Q3 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/portfolio-managers-expect-worse-credit-conditions-q3-survey-shows-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Goldman's risky financing engine is driving record revenues (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/inside-goldman-sachs-expanding-risky-financing-engine-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Moody's warned private credit growth poses new risks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/new-era-private-credit-growth-raises-concerns-moodys-says-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e NFL will allow up to 10% PE ownership of teams (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/11/nfl-open-to-private-equity-team-ownership-roger-goodell-says.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds turn to South Korea for AI stock bets (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/hedge-funds-turn-south-korea-next-wave-ai-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Japanese stocks saw biggest weekly foreign inflows in six months (\u003ca class=\"link\" href=\"https://www.reuters.com/world/japan/japanese-stocks-log-biggest-weekly-foreign-inflow-nearly-six-months-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Citigroup's new head of banking will receive a $40M ESOP (\u003ca class=\"link\" href=\"https://www.ft.com/content/62f1f2cc-1e9e-4eb2-b28f-2a4064f47572\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PwC UK will reduce bonuses and pay raises after 'challenging' year (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f51073a-3d81-4222-a496-16d04c517df6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Central banks warned of 'unsustainable' sovereign debt levels (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-reserve-managers-upbeat-growth-worry-about-politics-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e JPMorgan aims to amass 15% of US consumer deposits (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/jpmorgan-aims-amass-15-us-consumer-deposits-boost-credit-card-share-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cathie Wood recognizes 'challenged' returns but insists on future profits (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d957fcf-4613-4a90-a561-0edf5eb8c91f\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Tesla's share of US EV sales fell below 50% for first time (\u003ca class=\"link\" href=\"https://www.ft.com/content/12483ddd-245c-4ddd-b605-224720aa30c7\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trading houses are poaching top talent from energy giants (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/trading-houses-lure-top-talent-bp-shell-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Ackman touts Berkshire as model for closed-end fund ahead of IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ackman-touts-berkshire-as-model-for-closed-end-fund-ahead-of-ipo?srnd=markets-vp\u0026amp;embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jefferies wound down 352 Capital in wake of lawsuit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/jefferies-winds-down-hedge-fund-352-capital-in-wake-of-lawsuit?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Lower earners made remarkable earnings progress in past year (\u003ca class=\"link\" href=\"https://www.axios.com/2024/07/11/us-fewer-low-wage-workers-2024\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAX\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-intercom\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From Intercom\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv id=\"intercom-for-startups\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eIntercom for Startups\u003c/h3\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ee8e9302-68f8-4248-a005-89fd2a02dc12/Displayad_1104x360_startup_opt1.png?t=1718631986\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Join \u003ca class=\"link\" href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eIntercom’s\u003c/a\u003e Early Stage Program to receive a 90% discount. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Get a direct line to your customers. Try the only complete AI-first customer service solution. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003ca class=\"link\" href=\"https://www.intercom.com/early-stage?utm_source=external-newsletter\u0026amp;utm_medium=display\u0026amp;utm_campaign=es_public_beehiiv_june_90_BGHTEMCQX7\u0026amp;utm_term=beehiiv\u0026amp;utm_content=beehiiv\u0026amp;_bhiiv=opp_93e031cc-55ab-4536-aaf7-cde62952a4ab_b74d51c4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eApply now\u003c/a\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBain Capital \u003c/b\u003e\u003c/span\u003ewill acquire wealth management SaaS firm \u003cspan style=\"\"\u003e\u003cb\u003eEnvestnet\u003c/b\u003e\u003c/span\u003e for $4.5B (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/bain-capital-to-buy-envestnet-in-4-5-billion-deal-e2f3b869?tpl=pe\u0026amp;mod=hp_lead_pos1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cspan style=\"\"\u003e\u003cb\u003ePlatinum Equity \u003c/b\u003e\u003c/span\u003eagreed to acquire Canadian aerospace manufacturer \u003cspan style=\"\"\u003e\u003cb\u003eHéroux-Devtek \u003c/b\u003e\u003c/span\u003efor ~$1B, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/gores-platinum-to-take-aerospace-firm-private-for-1-billion?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank \u003c/b\u003e\u003c/span\u003eacquired struggling UK chipmaker \u003cspan style=\"\"\u003e\u003cb\u003eGraphcore\u003c/b\u003e\u003c/span\u003e for ~$600M (\u003ca class=\"link\" href=\"https://www.ft.com/content/e33bab13-2d64-47f7-b0e2-9ba446296234\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German software provider \u003cspan style=\"\"\u003e\u003cb\u003eSNP\u003c/b\u003e\u003c/span\u003e, which has a ~$390M market cap,\u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003eis exploring a potential sale after receiving takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/software-provider-snp-said-to-weigh-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eAxel Springer\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e, and Canada's \u003cspan style=\"\"\u003e\u003cb\u003eCPP\u003c/b\u003e\u003c/span\u003e and are in talks to split the business (\u003ca class=\"link\" href=\"https://www.ft.com/content/1d09ac2b-2521-47ec-a6d2-16b52d88167f\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eDefense AI startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHelsing\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $488M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/defence-ai-startup-helsing-raises-487m-series-c-plans-baltic-expansion-to-combat-russian-threat/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eRegard\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a health startup using AI to analyze patients' health data, raised a $61M Series B at a $350M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOak HC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e/\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFT\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/ai-powered-regard-nabs-61m-to-find-missed-illness-boost-hospital-revenue/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eFireworks AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a GenAI inference platform provider, raised a $52M Series B at a $552M valuation led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSequoia Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/fireworks-ai-raises-52m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eArmada\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, an edge computing solutions, raised a $40M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eM12\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240711885904/en/Armada-Announces-40M-in-Strategic-Funding-Round-Led-by-M12/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAutomated professional services startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHerculesAI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $26M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eStreamlined Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/herculesai-has-been-working-with-llms-long-before-it-was-cool/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eVC super-app \u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eHUI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e raised a $27.6M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNimbus Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/hui-secures-25-million-equity-commitment-from-nimbus-capital-302193767.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI construction software startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBuildots\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $15M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIntel Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/intel-capital-backs-ai-construction-startup-that-could-boost-intels-own-manufacturing-prospects/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eIoT security startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eExein\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $16.5M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e33N\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/exein-raised-15m-series-b-to-stop-robotic-arms-going-haywire/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-powered data quality platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoda\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $14M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSingular\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePoint Nine\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/soda-raised-14-million-for-its-ai-driven-data-quality-tools/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eContextual AI assistant startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMedal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $13M round at a $333M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHorizons Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOMERS\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/medal-raises-13m-as-it-builds-out-a-new-ai-platform-for-desktop/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eLemon.markets\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a brokerage-as-a-service platform, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCommerzVentures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHeliad\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/lemon-markets-secures-12m-for-brokerage-as-a-service-platform-expansion/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eDynelectro\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Danish green hydrogen startup, raised an $11M round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eEIFO\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVsquared Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e, and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/dynelectro-secures-eur11m-for/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eSekai\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a developer of consumer apps for anime fans, raised an $11M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSkycatcher\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/sekai-secures-narutos-license-to-develop-consumer-apps-for-anime-fans/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI legal tech startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlma\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $5.1M seed round from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eNEA \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003eand more (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/immigration-visa-alma-law/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAdfin\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a UK fintech helping companies get invoices paid, raised a $4.9M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIndex Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVisionaries Club\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/adfin-wants-to-fix-bill-payments-for-tradespeople-lawyers-and-small-companies/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eBeeble AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a virtual VFX solutions for filmmakers, raised a $4.8M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSet Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/beeble-ai-raises-4-75m-to-launch-a-virtual-production-platform-for-indie-filmmakers/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eGame development startup \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIconic AI\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $4M pre-seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHodlCo\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://tech.eu/2024/07/11/iconic-ai-raises-4m-for-ai-game-development/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Block Trades\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003eIndia's \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eReliance Industries\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003emay consider a spinoff of its telecom arm \u003cspan style=\"\"\u003eJio \u003c/span\u003eas early as 2025\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eat a potential $112B valuation (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/10/reliance-may-list-jio-at-112-billion-valuation-next-year-jefferies-says/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Shanghai-listed drugmaker \u003cspan style=\"\"\u003e\u003cb\u003eBiokin \u003c/b\u003e\u003c/span\u003efiled for a ~$500M Hong Kong IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/sichuan-biokin-pharma-files-for-500-million-hong-kong-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Game developer \u003cspan style=\"\"\u003e\u003cb\u003eShift Up\u003c/b\u003e\u003c/span\u003e’s shares jumped 18% in its trading debut after its $320M Korea IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-10/game-maker-shift-up-debuts-in-south-korea-after-320-million-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e French media conglomerate \u003cspan style=\"\"\u003e\u003cb\u003eVivendi\u003c/b\u003e\u003c/span\u003e's\u003cspan style=\"\"\u003e\u003cb\u003e Canal+\u003c/b\u003e\u003c/span\u003e is exploring a spinoff in London (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/vivendi-s-broadcaster-canal-is-said-to-explore-london-listing?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hong Kong-listed \u003cspan style=\"\"\u003e\u003cb\u003eCK Infrastructure \u003c/b\u003e\u003c/span\u003eis considering an overseas listing (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/ck-infrastructure-says-it-s-considering-second-listing-overseas?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Thailand’s largest music company \u003cspan style=\"\"\u003e\u003cb\u003eGMM Music\u003c/b\u003e\u003c/span\u003e plans to IPO as early as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/top-thai-music-firm-eyes-ipo-following-tencent-investment\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan \u003c/b\u003e\u003c/span\u003ewill launch a $2.3B debt sale to fund printing company \u003cspan style=\"\"\u003e\u003cb\u003eR.R. Donnelley\u003c/b\u003e\u003c/span\u003e's purchase of \u003cspan style=\"\"\u003e\u003cb\u003eVericast\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e'\u003c/span\u003es print and digital marketing unit (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/r-r-donnelley-eyes-2-3-billion-debt-sale-tied-to-vericast-deal?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003ewill sell $2B in CMBS to fund its $10B acquisition of\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/blackstone-selling-2-billion-of-cmbs-to-help-fund-acquisition?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Reliance Industries' \u003cspan style=\"\"\u003e\u003cb\u003eReliance Ethane \u003c/b\u003e\u003c/span\u003eis seeking a $500M offshore loan to refinance debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/reliance-industries-unit-plans-over-500-million-offshore-loan?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eis preparing a loan for \u003cspan style=\"\"\u003e\u003cb\u003eLigue 1 \u003c/b\u003e\u003c/span\u003efootball clubs in case they reject a multi-billion dollar broadcasting deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/cvc-said-to-prep-french-football-loan-as-clubs-weigh-media-deal?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eRedbox\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e-owner\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003e Chicken Soup for the Soul\u003c/b\u003e\u003c/span\u003e\u003cb\u003e Entertainment \u003c/b\u003ewill liquidate under Chapter 7 (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/redbox-owner-to-shut-down-kiosk-business-in-bankruptcy-f0cada8d?tpl=br\u0026amp;mod=hp_lead_pos3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e LA-based\u003cspan style=\"\"\u003e\u003cb\u003e Elite Restaurant Group \u003c/b\u003e\u003c/span\u003eacquired struggling\u003cspan style=\"\"\u003e\u003cb\u003e Mod Pizza\u003c/b\u003e\u003c/span\u003e, averting a bankruptcy (\u003ca class=\"link\" href=\"https://www.usatoday.com/story/money/food/2024/07/11/mod-pizza-elite-restaurant-group-bankruptcy/74333903007/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUSA\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFlagship Pioneering\u003c/b\u003e\u003c/span\u003e, the biotech VC behind Moderna, raised $3.6B for its eighth fund and parallel funds (\u003ca class=\"link\" href=\"https://www.ft.com/content/2e530667-49e0-4c8b-895b-d02c7984a6e4\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eManulife IM \u003c/b\u003e\u003c/span\u003eraised $810M for its second PE FOF (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/manulife-investment-management-closes-manulife-private-equity-partners-ii-in-partnership-with-alpinvest-302193479.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Space VC \u003cspan style=\"\"\u003e\u003cb\u003eAlpine Space Ventures \u003c/b\u003e\u003c/span\u003eclosed its debut fund at $184M (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/11/alpine-space-ventures-close-first-fund-to-grow-the-space-economy-on-both-sides-of-the-pond/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Crypto HF \u003cspan style=\"\"\u003e\u003cb\u003eSkyBridge Capital\u003c/b\u003e\u003c/span\u003e effectively barred clients from exiting (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-11/scaramucci-s-skybridge-limits-client-exits-even-as-crypto-soars?srnd=cryptocurrencies-v2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Two ETF managers launched options on leveraged Bitcoin ETFs (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/firms-launch-options-swap-based-bitcoin-etf-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Analysts need more info to gauge \u003cspan style=\"\"\u003e\u003cb\u003eBlock\u003c/b\u003e\u003c/span\u003e's crypto unit's earnings potential (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/block-investors-need-more-gauge-crypto-units-earnings-potential-analysts-say-2024-07-11/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec’s Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Amid Bill Hwang's fraud conviction, Reuters published a \u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/rise-fall-bill-hwangs-archegos-capital-management-2024-05-08/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003etimeline of Archegos' spectacular $10B failure\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"financial-services-recruiting\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eFinancial Services Recruiting \u003c/b\u003e💼\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e If you're currently a junior banker looking to break into the buy side, lateral to another investment bank, or consider new paths amid changing market dynamics, it's time you check out \u003cb\u003eLitney Partners\u003c/b\u003e, a partnership between Litquidity and Whitney Partners (the oldest purely financial services executive search and consulting firm). \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eWe aim to place strong candidates across private equity, hedge funds, venture capital, growth equity, debt funds, and investment banking. \u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e To get started, simply head over to \u003ca class=\"link\" href=\"https://www.litneypartners.com/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eLitney Partners\u003c/a\u003e and create your profile by dropping your resume / filling out the form: \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e GET HIRED \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eMeme Cleanser\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/netcapgirl/status/1811415948798366178\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:85%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ad4fd686-875e-41e8-84c9-a458f2b3d362/image.png?t=1720742351\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; 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