Gillian Tan

Stay informed with Gillian Tan’s coverage and analysis.

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NEW YORK, NEW YORK – MARCH 02: The Macy’s company signage is seen at the Herald Square store on March 02, 2023 in New York City. Macy’s Inc. stock jumped 14.8% in premarket trade on Thursday, after the department store chain exceeded forecasted estimates for the fourth quarter. The company posted a net income of $508 million for the quarter to Jan. 28, which was down from $742 million in the year-earlier period. While sales fell the company offered upbeat guidance for fiscal 2023. (Photo by Michael M. Santiago/Getty Images)

Macy’s receives $5.8 billion buyout offer from investor group as department stores face changing consumer habits

By Gillian Tan and Bloomberg

SUQIAN, CHINA – JUNE 2, 2023 – Illustration: CoreWeave, Suqian, Jiangsu Province, China, June 2, 2023. Microsoft has signed an artificial intelligence computing deal with startup CoreWeave. (Photo credit should read CFOTO/Future Publishing via Getty Images)

CoreWeave backed by Fidelity and Jane Street at $7 billion valuation as cloud provider bolsters status as one of AI’s hottest startups

By Gillian Tan and Bloomberg

LOS ANGELES, CALIFORNIA – NOVEMBER 25: Mark Cuban attends a basketball game between the Los Angeles Clippers and the Dallas Mavericks at Crypto.com Arena on November 25, 2023 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Allen Berezovsky/Getty Images)

Billionaire Mark Cuban is selling a majority stake in the NBA’s Dallas Mavericks to the family of casino magnate Sheldon Adelson

By Christopher Palmeri, Gillian Tan, and others

WASHINGTON, DC – SEPTEMBER 13: OpenAI CEO Sam Altman gives a thumbs-up as he departs the closed-door “AI Insight Forum” outside the Kennedy Caucus Room in the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology. (Photo by Chip Somodevilla/Getty Images)

ChatGPT maker OpenAI is in talks to sell employee shares at $86bn valuation, putting the closely held company in the league of SpaceX and Tiktok’s ByteDance

By Gillian Tan, Edward Ludlow, and others

Rene Haas, chief executive officer of Arm Ltd., speaks during the Taipei Computex expo in Taipei, Taiwan, on Monday, May 29, 2023. The show runs through June 2. Photographer: I-Hwa Cheng/Bloomberg via Getty Images

Chipmaker Arm is valued at $55 billion after a blockbuster IPO that is this year’s biggest by far

By Gillian Tan, Ian King, and others

First Republic Bank

Feds work into the night on the First Republic Bank crisis after bid deadline comes and goes

By Hannah Levitt, Katanga Johnson, and others

SAN FRANCISCO, CALIFORNIA – APRIL 26: A pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California. Shares of San Francisco-based bank First Republic continue to fall as the New York Stock Exchange halted trading of the stock at least a dozen times on Wednesday following the company’s earnings report that showed its clients had withdrew more than 40% of deposits in the first quarter following the collapse of Silicon Valley Bank. (Photo by Justin Sullivan/Getty Images)

Deadline for banks to submit First Republic bids passes as FDIC rushes to fix crisis—and avoid receivership

By Hannah Levitt, Katanga Johnson, and others

NEW YORK, NEW YORK – APRIL 24: A sign for a First Republic bank branch is seen in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by Spencer Platt/Getty Images)

FDIC asks JPMorgan Chase, others to submit final bids for First Republic Bank, whose shares are down 97% this year

By Hannah Levitt, Katanga Johnson, and others

NEW YORK, NEW YORK – APRIL 24: A person walks past a First Republic bank branch in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by Spencer Platt/Getty Images)

Shares of First Republic tumble more than 40% as it explores selling up to $100 billion in assets

By Gillian Tan, Matthew Monks, and others

A First Republic Bank office on March 16, 2023 in Oakland, California.

First Republic Bank gets a $30 billion lifeline to restore fleeting customer confidence after Silicon Valley Bank’s failure

By Gillian Tan, Hannah Levitt, and others

People pass the First Republic Bank.

First Republic may get a $30 billion rescue from rival banks after teetering on the brink following Silicon Valley Bank’s collapse

By Gillian Tan, Hannah Levitt, and others

A First Republic Bank branch.

First Republic Bank is considering a sale after being caught in the turbulence of Silicon Valley Bank’s collapse

By Gillian Tan and Matthew Monks

Signage outside the Silicon Valley Bank headquarters in Santa Clara, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry’s money machine. Photographer: David Paul Morris/Bloomberg via Getty Images

Silicon Valley Bank makes a surprising appeal after its collapse: Bring your money back and ‘help us rebuild’

By Gillian Tan and Bloomberg

MADRID, SPAIN – 2022/05/23: American sandwich fast food restaurant franchise Subway store in Spain. (Photo by Xavi Lopez/SOPA Images/LightRocket via Getty Images)

Subway said to eye sale that could top $10 billion

By Gillian Tan, Jonathan Roeder, and others

TAMPA, FL – NOVEMBER 06: Tampa Bay Buccaneers Quarterback Tom Brady (12) looks out towards the field moments before taking the field in the regular season game between the Los Angeles Rams and the Tampa Bay Buccaneers on November 06, 2022 at Raymond James Stadium in Tampa, Florida. (Photo by Cliff Welch/Icon Sportswire via Getty Images)

Tom Brady and other super wealthy investors lost big money in FTX’s collapse

By Hema Parmar, Gillian Tan, and others