PE HUB First Read

Donald Trump shocks the world.

America’s media-political establishment doesn’t understand the depths of anger in the county.

Markets are about to go ballistic today.

What Trump’s big data team saw before everyone else.

Peter Thiel congratulates Trump: “we’re going to need all hands on deck.”

California legalizes recreational marijuana.

CalPERS private equity program shrinks, along with fees, despite top performance.

Walgreen’s sues former lab test partner Theranos, seeking to recover $140 million in damages.

The woman who died after she was reportedly shoved in front of a moving subway train at Times Square station in New York City was the family housekeeper of Blackstone CEO Stephen Schwarzman.

Carl Icahn more than doubles his stake in car rental company Hertz.

In Rolling Stone’s defamation case, both the magazine and the reporter of the discredited story are ordered to pay $3 million in damages to a University of Virginia administrator.

Your Facebook photos could soon look like a Picasso.

Chris Witkowsky contributed to this report

U.S. President-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Carlo Allegri