A private-equity professional shared what on-cycle recruiting was like

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Good morning. An American moved to France expecting the workplace dynamics to resemble those back home — they were wrong. For one, they had grown used to friendly yet professional office interactions with clear boundaries. Paris was different, they said. Workplace relationships felt far more personal.

In today's big story, Tesla's long-awaited robotaxis were rolled out in Austin.

What’s on deck

Markets: From interviewing past midnight to scrambling to sign an offer, a PE professional shared his stressful on-cycle recruitment experience.

Tech: Apple pulled another ad. What’s going on?

Business: Homebuyers can’t afford to ignore the fight between Zillow and Compass anymore.

Top headlines:

• Tech stocks power Nasdaq 100 to a record high as markets celebrate the Israel-Iran ceasefire.

• Jeff Bezos and Lauren Sánchez's wedding guest list: A-listers arrive in Italy to celebrate. 

• Bombings set back Iran's nuclear program, but likely didn't kill it.

• Logan Paul's Prime sales plummet in a key market as the once-popular drink has growing pains.

• Chase Sapphire Reserve's changes are making some people furious. I'm finally vindicated.

• The American dream used to be owning a home — now it's just finding one to rent. 

• The massive heat wave, stretching from Maine to Texas, is slowing commuters down and making their waits miserable. 

• Gamers are loving Nintendo's Switch 2 — and investors are loving the stock. 

• Meet 19 startups in social networking, dating, and AI that investors have their eyes on.  

• Buy now, pay later loans will soon hit credit scores — and experts think Gen Z could be at risk.

• The price of your regular Starbucks order could be about to change — if you load up on add-ons like syrups or matcha.

Curated by Dan DeFrancesco (on parental leave), Hallam Bullock, Akin Oyedele, Lisa Ryan, Ella Hopkins, Grace Lett, and Amanda Yen.

This is a shorter version of our flagship newsletter, which brings you in-depth analysis and summaries of the top stories from Wall Street to Silicon Valley.

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