THE LATEST ARTICLES
NEWSLETTERS
Jensen Huang, Donald Trump
William D. Cohan September 21, 2025
By directing the government to take an equity stake in Intel, followed immediately by SoftBank and Nvidia, Trump was able to boost the company’s market value by $26 billion. But the leading U.S. producer of semiconductors is still way behind on A.I., and notably short of customers.
larry david ellison
William D. Cohan September 17, 2025
News and notes on the latest deal philosophies regarding the Ellisons’ unsolicited takeover bid: Larry’s liquidity, Zaz’s optionality, and the WBD board’s disposition.
David Ellison
William D. Cohan September 14, 2025
Assessing the likelihood of David Ellison’s WBD fantasies, the odds this turns hostile, and Zaz’s optionality and incentives.
Gunnar Wiedenfels
William D. Cohan September 10, 2025
Wall Street is running the odds on what’s to become of Warner Bros. Discovery once it finishes prying itself apart. Wells Fargo analyst Steven Cahall provides an intriguing menu of options.


Paul Ryan
William D. Cohan September 7, 2025
In remarks at a private gathering in Wyoming, the former House speaker offered his most unvarnished commentary yet on America’s looming fiscal crisis, his beef with Trump’s tariffs, and how to get the country back on track. By the end, the audience was even joking that he should take another run at the White House.
Niall Ferguson
William D. Cohan September 3, 2025
Even in remote Wyoming, at a private gathering of august business leaders, academics, and political wisemen, Trump was inescapable. Yet as Niall Ferguson argued, the president’s shocks to the rules-based global order are merely… Nixonian.
Jerome Powell
William D. Cohan August 24, 2025
As hiring slows and inflation picks up, all of Wall Street’s hopes appear fixed on Jerome Powell, the sphinx-like Fed chairman, whose cryptic pronouncements could determine the fate of this bull market—and, increasingly, the president’s bond portfolio, too.
Jerome Powell
William D. Cohan August 20, 2025
As Wall Street waits with bated breath for Jay Powell’s latest interest rate smoke signals to emerge this Friday at the annual Wyoming confab, we may be missing the larger story about mispriced risk in the economy.


Aravind Srinivas
William D. Cohan August 17, 2025
There are plenty of reasons to be… perplexed by Aravind Srinivas’s unsolicited, all-cash offer for Google Chrome, which is definitely not for sale. But M&A lore is filled with examples of minnows attempting to swallow whales whole—and sometimes they’ve succeeded.
donald trump
William D. Cohan August 13, 2025
The latest shots fired against JPM, BofA, and especially the zinger aimed at David Solomon, have sent a chill up many a spine in finance. When will Trump come for Wall Street as he has for universities and law firms?
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