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Sonali Basak

Stay informed with Sonali Basak’s coverage and analysis.

Santander’s Botin disagrees with Dimon as she sees ‘only upside’ for Europe
Finance
Santander’s Botin disagrees with Dimon as she sees ‘only upside’ for Europe
By Paige Smith, Jorge Zuloaga, Sonali Basak and BloombergJuly 16, 2025
Marc Rowan, chief executive officer of Apollo Global
Finance
Apollo’s Rowan says trade war has made U.S. ‘merely exceptional’
By Dawn Lim, Sonali Basak and BloombergMay 5, 2025
Elon Musk’s X raises almost $1 billion in new equity funding
Finance
Elon Musk’s X raises almost $1 billion in new equity funding
By Bloomberg, Sonali Basak, Katie Roof, Sridhar Natarajan and Gillian TanMarch 19, 2025
Nassim Nicholas Taleb, author of the book "The Black Swan."
Finance
Black Swan’s Taleb says Nvidia rout is hint of what’s coming
By Sonali Basak and BloombergJanuary 28, 2025
Barry Diller
Finance
Billionaire donors want Kamala Harris to get rid of the regulators they dislike most
By Saleha Mohsin, Todd Gillespie, Sonali Basak and BloombergSeptember 6, 2024
Greg Jensen, co-chief investment officer of Bridgewater Associates
Finance
Bridgewater starts $2 billion fund that uses machine learning for decision-making and will include models from OpenAI, Anthropic and Perplexity
By Sonali Basak and BloombergJuly 1, 2024
Kim Kardashian
Finance
Kim Kardashian’s private equity firm just sealed its first deal, to buy ‘the Dom Perignon of hot sauce’
By Kamaron Leach, Sonali Basak and BloombergNovember 22, 2023
Coinbase CEO responds to SEC’s accusations his company operates an illegal crypto exchange: ‘I think we’re gonna be fine going to the court’
Finance
Coinbase CEO responds to SEC’s accusations his company operates an illegal crypto exchange: ‘I think we’re gonna be fine going to the court’
By Yueqi Yang, Sonali Basak and BloombergJune 7, 2023
Jerome Powell, Gary Gensler
Finance
Hedge funds are exploiting a shadowy trade to cash in on the debt crisis and the SEC and Fed are questioning prime brokers, sources say
By Sonali Basak, Liz Capo McCormick, Lydia Beyoud, Hema Parmar and BloombergMay 26, 2023
A billionaire financier selling his stake in the Milwaukee Bucks says that pickleball could offer a higher rate of return than the NBA
Finance
A billionaire financier selling his stake in the Milwaukee Bucks says that pickleball could offer a higher rate of return than the NBA
By Amanda Albright, Sonali Basak and BloombergMay 17, 2023
Kim Kardashian’s investment firm hopes to raise $1 billion and leverage her ‘demonstrated ability to identify and define culture’
Finance
Kim Kardashian’s investment firm hopes to raise $1 billion and leverage her ‘demonstrated ability to identify and define culture’
By Sonali Basak, Todd Gillespie and BloombergMay 16, 2023
Lending mortgages to rich Silicon Valley home buyers was part of First Republic Bank’s DNA—and helped contribute to its collapse
Finance
Lending mortgages to rich Silicon Valley home buyers was part of First Republic Bank’s DNA—and helped contribute to its collapse
By Hannah Levitt, Jenny Surane, Sonali Basak and BloombergMay 1, 2023
Mark Spitznagel, president and chief investment officer of Universa Investments
Finance
The ‘Black Swan’ fund manager just said that debt is creating the ‘greatest tinderbox-timebomb in financial history’ and could have consequences similar to the Great Depression
By Sonali Basak and BloombergJanuary 30, 2023
Goldman Sachs CEO David Solomon
Success
Goldman Sachs CEO David Solomon just took a major pay cut after a disastrous year—But he’s still walking away with $25 million
By Sonali Basak, Steve Dickson and BloombergJanuary 27, 2023
Crypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
The Ledger
Crypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
By Lydia Beyoud, Sonali Basak, Vildana Hajric, Muyao Shen and BloombergNovember 22, 2022
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Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998placeholder alt text
By Nick LichtenbergJuly 3, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
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