Goodall Research

Dispatches

Every piece, in order. Free and full-research, unlabeled by default — subscribe to unlock everything marked paid.

Gulf Capital

Who’s Who in Gulf Capital: Week Ending October 16

Wade Davis just took the keys at Clear Channel. Mubadala wrote the check. SoftBank hunting up to $100B in the Gulf for AI, IRH doubles down on Zambia copper, ADIA under US grocery real estate, Mubadala in NeuroGen and Italian towers.

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ADIA

Abu Dhabi's Seat at the American Grocery Table

Kroger is cutting 3,000 corporate jobs and Albertsons is leaving weak markets. Two weeks earlier, an Abu Dhabi Investment Authority unit backed the purchase of the shopping centers under their stores, through a firm founded by Brixmor's lead independent director.

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nvidia

Can Nvidia Chips Carry a Loan? IREN's $2.4 Billion Test

IREN borrowed against Nvidia chips twice in 2026: $3.65 billion at 6% in June, with Microsoft on the contract, and $2.4 billion at 9% in August from Blue Owl, with no hyperscaler. Macquarie alumni run the borrower, and Blackstone and Goldman alumni staff the lender.

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labor market

KKR Bought the Ground Every Private Jet Has to Land On

KKR bought Atlantic Aviation for $4.5 billion in 2021. It is now valued near $10 billion, with its tracked workforce barely changed. The hiring is happening at NetJets and Flexjet, in maintenance, engineering and operations, as fleets fly more hours through the same airports.

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American Airlines Hiring

Which Airline Can Absorb the Fuel Shock?

Jet fuel has nearly doubled this year. United is cutting management layers while protecting procurement and fleet, Delta is protecting revenue and loyalty, and American is building product and data. Three workforces, three bets on the fuel shock.

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Business

Saudi Public Investment Fund Is Scooping Up Talent

Lucid cut about 10% of its workforce while still staffing its Saudi factory. Ceer grew 20% on hires from Stellantis, Gestamp and Hyundai. From Formula E classrooms to the Lucid board, PIF is importing an automotive industry through people, and it says so itself.

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