In other news, the article also discusses the impact of AI on the market and content creation, a potential deal by Warner Bros. Discovery CEO David Zaslav to acquire Paramount, and the trend of giant concrete boxes powering the AI revolution. It also provides tips for staying sober during the holidays, and highlights the top cities where Gen Z are moving to, including Provo, Ann Arbor, and Boulder.
Key takeaways:
- Goldman Sachs CEO David Solomon is considering changes to the bank's management committee, potentially expanding or shrinking it. This comes at a critical time with several members leaving or set to retire.
- Solomon has not been afraid to make big changes since taking over as CEO in 2018, and this could be another opportunity for him to leave his mark on the firm.
- The newsletter also highlights the impact of AI on the market, with James Demmert of Main Street Research suggesting the AI-driven market rally could last a decade.
- Other news includes a Tesla owner receiving a $14,000 repair bill the day after buying a Model Y, Warner Bros. Discovery CEO David Zaslav reportedly considering acquiring Paramount, and tips for staying sober during the holidays.