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The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?
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Shaurya Vohra

Feb 2, 2026

Leveraged buyouts thrive on predictability. Video games do not. EA’s $55 billion take-private deal forces one of the most creatively volatile industries to operate under one of the most financially rigid ownership structures.

The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?

Feb 2, 2026

The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?
Author Image

Shaurya Vohra

Feb 2, 2026

Leveraged buyouts thrive on predictability. Video games do not. EA’s $55 billion take-private deal forces one of the most creatively volatile industries to operate under one of the most financially rigid ownership structures.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
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Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags

Nov 8, 2025

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
Author Image

Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet
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Yessica Jain

Nov 6, 2025

Alkermes just placed a $2.1 billion bet on sleep with a sleep drug few investors saw coming. Alkermes isn’t just buying Avadel, it’s buying time and maybe the future of mental health medicine.

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet

Nov 6, 2025

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet
Author Image

Yessica Jain

Nov 6, 2025

Alkermes just placed a $2.1 billion bet on sleep with a sleep drug few investors saw coming. Alkermes isn’t just buying Avadel, it’s buying time and maybe the future of mental health medicine.

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 21, 2025

LVMH’s sharpest sales drop since 2008 is more than a fashion story. Luxury’s downturn has historically foreshadowed recessions, and today it coincides with weakening confidence, asset stress, and slowing global demand.

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead

Sep 21, 2025

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 21, 2025

LVMH’s sharpest sales drop since 2008 is more than a fashion story. Luxury’s downturn has historically foreshadowed recessions, and today it coincides with weakening confidence, asset stress, and slowing global demand.

The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 10, 2025

As Vice Chairman of the Financial Services Committee, Tim Moore helps set the rules for America’s markets. He is also betting millions that those markets, and the small businesses they support, are about to fail.

The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal

Sep 10, 2025

The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 10, 2025

As Vice Chairman of the Financial Services Committee, Tim Moore helps set the rules for America’s markets. He is also betting millions that those markets, and the small businesses they support, are about to fail.

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 9, 2025

Elon Musk just paid $17 billion for spectrum licenses, most experts call worthless, 100 times the going rate. On paper, the deal looks insane. Through Washington’s lens, it’s the smartest move SpaceX has ever made.

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly

Sep 9, 2025

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 9, 2025

Elon Musk just paid $17 billion for spectrum licenses, most experts call worthless, 100 times the going rate. On paper, the deal looks insane. Through Washington’s lens, it’s the smartest move SpaceX has ever made.

Columns & Essays

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The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?
Author Image

Shaurya Vohra

Feb 2, 2026

Leveraged buyouts thrive on predictability. Video games do not. EA’s $55 billion take-private deal forces one of the most creatively volatile industries to operate under one of the most financially rigid ownership structures.

The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?

Feb 2, 2026

The EA Buyout: A $55 Billion Bet on the Future of Gaming, or a Debt-Fueled Mistake?
Author Image

Shaurya Vohra

Feb 2, 2026

Leveraged buyouts thrive on predictability. Video games do not. EA’s $55 billion take-private deal forces one of the most creatively volatile industries to operate under one of the most financially rigid ownership structures.

The New Corporate Guillotine: How One Email Can End a CEO
Author Image

Shaurya Vohra

Nov 15, 2025

One activist email can now do what used to take a full proxy war: topple a CEO. With record campaigns and the Universal Proxy Card turning every board seat into open combat, corporate governance has become faster, louder, and far more ruthless than ever before.

The New Corporate Guillotine: How One Email Can End a CEO

Nov 15, 2025

The New Corporate Guillotine: How One Email Can End a CEO
Author Image

Shaurya Vohra

Nov 15, 2025

One activist email can now do what used to take a full proxy war: topple a CEO. With record campaigns and the Universal Proxy Card turning every board seat into open combat, corporate governance has become faster, louder, and far more ruthless than ever before.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
Author Image

Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags

Nov 8, 2025

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
Author Image

Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet
Author Image

Yessica Jain

Nov 6, 2025

Alkermes just placed a $2.1 billion bet on sleep with a sleep drug few investors saw coming. Alkermes isn’t just buying Avadel, it’s buying time and maybe the future of mental health medicine.

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet

Nov 6, 2025

The $2.1 Billion Sleep Deal: Alkermes’s Biggest Gamble Yet
Author Image

Yessica Jain

Nov 6, 2025

Alkermes just placed a $2.1 billion bet on sleep with a sleep drug few investors saw coming. Alkermes isn’t just buying Avadel, it’s buying time and maybe the future of mental health medicine.

Letters & Debate

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The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 10, 2025

As Vice Chairman of the Financial Services Committee, Tim Moore helps set the rules for America’s markets. He is also betting millions that those markets, and the small businesses they support, are about to fail.

The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal

Sep 10, 2025

The Congressman Betting Against America: What Tim Moore's TZA Trades Really Signal
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 10, 2025

As Vice Chairman of the Financial Services Committee, Tim Moore helps set the rules for America’s markets. He is also betting millions that those markets, and the small businesses they support, are about to fail.

How Wall Street Quietly Preps for the AI Credit Boom
How Wall Street Quietly Preps for the AI Credit Boom
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Jul 14, 2025

While everyone piles into AI stocks, the big banks are sandbagging earnings and loading their loan books for the windfall that comes when millions need credit to survive automation.

How Wall Street Quietly Preps for the AI Credit Boom
How Wall Street Quietly Preps for the AI Credit Boom

Jul 14, 2025

How Wall Street Quietly Preps for the AI Credit Boom
How Wall Street Quietly Preps for the AI Credit Boom
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Jul 14, 2025

While everyone piles into AI stocks, the big banks are sandbagging earnings and loading their loan books for the windfall that comes when millions need credit to survive automation.

Opinion — Articles

Opinion — Articles

Opinion — Articles

J&J’s Big Swing: The Single Pill Acquisition That Shook Biopharma
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Cayden Liu

Nov 19, 2025

Johnson & Johnson dropped $14.6 billion on a company whose value rests almost entirely on one psychiatric drug. Caplyta may be a blockbuster, or it may be the most expensive overreach in biotech since 2022. This is a high-risk, high-premium gamble at a moment when Big Pharma can’t afford missteps.

J&J’s Big Swing: The Single Pill Acquisition That Shook Biopharma

Nov 19, 2025

J&J’s Big Swing: The Single Pill Acquisition That Shook Biopharma
Author Image

Cayden Liu

Nov 19, 2025

Johnson & Johnson dropped $14.6 billion on a company whose value rests almost entirely on one psychiatric drug. Caplyta may be a blockbuster, or it may be the most expensive overreach in biotech since 2022. This is a high-risk, high-premium gamble at a moment when Big Pharma can’t afford missteps.

The New Corporate Guillotine: How One Email Can End a CEO
Author Image

Shaurya Vohra

Nov 15, 2025

One activist email can now do what used to take a full proxy war: topple a CEO. With record campaigns and the Universal Proxy Card turning every board seat into open combat, corporate governance has become faster, louder, and far more ruthless than ever before.

The New Corporate Guillotine: How One Email Can End a CEO

Nov 15, 2025

The New Corporate Guillotine: How One Email Can End a CEO
Author Image

Shaurya Vohra

Nov 15, 2025

One activist email can now do what used to take a full proxy war: topple a CEO. With record campaigns and the Universal Proxy Card turning every board seat into open combat, corporate governance has become faster, louder, and far more ruthless than ever before.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
Author Image

Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags

Nov 8, 2025

The $5.3 Billion Roller Coaster: How Jana Partners and Travis Kelce Plan to Save Six Flags
Author Image

Samuel Regelman

Nov 8, 2025

When a company with $5.3 billion in debt and a 47% stock collapse attracts a hedge fund and an NFL star, it’s not charity, it’s strategy. Jana Partners and Travis Kelce are betting they can turn Six Flags from a sinking relic into a comeback story worth watching.

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 21, 2025

LVMH’s sharpest sales drop since 2008 is more than a fashion story. Luxury’s downturn has historically foreshadowed recessions, and today it coincides with weakening confidence, asset stress, and slowing global demand.

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead

Sep 21, 2025

The $300 Billion Warning: Why Luxury's Summer Collapse Signals Crisis Ahead
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 21, 2025

LVMH’s sharpest sales drop since 2008 is more than a fashion story. Luxury’s downturn has historically foreshadowed recessions, and today it coincides with weakening confidence, asset stress, and slowing global demand.

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 9, 2025

Elon Musk just paid $17 billion for spectrum licenses, most experts call worthless, 100 times the going rate. On paper, the deal looks insane. Through Washington’s lens, it’s the smartest move SpaceX has ever made.

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly

Sep 9, 2025

Musk’s $17 Billion Bet: How SpaceX Just Bought Its Way Into America’s Wireless Oligopoly
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Sep 9, 2025

Elon Musk just paid $17 billion for spectrum licenses, most experts call worthless, 100 times the going rate. On paper, the deal looks insane. Through Washington’s lens, it’s the smartest move SpaceX has ever made.

Why Trump Is Right About The U.S. Economy: Blueprint for America’s Comeback
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Aug 3, 2025

A single $5 million ‘Gold Card’ could raise more in a year than EB-5 did in a decade—and that’s just Phase One. Pair it with a 15 % flat corporate tax, a $100 K talent fast-track, and $50 K fines for illegal hires, and America stops managing decline and starts monetizing its magnetism.

Why Trump Is Right About The U.S. Economy: Blueprint for America’s Comeback

Aug 3, 2025

Why Trump Is Right About The U.S. Economy: Blueprint for America’s Comeback
Eliazar Marchenko's Profile Image

Eliazar Marchenko

Aug 3, 2025

A single $5 million ‘Gold Card’ could raise more in a year than EB-5 did in a decade—and that’s just Phase One. Pair it with a 15 % flat corporate tax, a $100 K talent fast-track, and $50 K fines for illegal hires, and America stops managing decline and starts monetizing its magnetism.

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