PE HUB First Read

Twitter is replacing Monsanto in the S&P 500.

Sharp is buying Toshiba’s PC business.

Alibaba has acquired a 10 percent stake in Babytree Inc.

The SEC has named Valerie Szczepanik as its first crypto czar.

Gilt Group has been sold to rival Rue La La.

Howard Schultz, former CEO of Starbucks, is stepping down as executive chairman. He says he may consider running for president.

Stride.VC, a new seed fund founded by Fred Destin and Harry Stebbings, has raised 40 million pounds in its first closing.

The Nasdaq Composite sets a record. 

June is usually the most boring month for the stock market, but it likely won’t be this year.

Facebook Inc. disputes a New York Times report about how it shares data with device makers from Apple and Amazon to Samsung.