6min chapter

After Hours cover image

Summer Stories to Savor

After Hours

CHAPTER

The Long-Term Consequences for Pharma Companies

The story I'm watching this summer is what on earth is happening at Goldman Sachs. They are beating a hasty retreat from this foray onto Main Street into consumer banking and getting back to what they do well like trading and deal making. The story I'm following this summer is whether blue sky is actually going to take off. In the eight months since Elon Musk closed his acquisition of Twitter, it has to put it bluntly become a disaster. And in the meantime, many of the active users have moved to other platforms looking for that magic in a bottle.

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