After 15 years and a 1,000% stock gain, Tim Cook is stepping down as Apple CEO on September 1. His successor, hardware chief John Ternus, inherits a $4 trillion empire and Apple's biggest strategic bet: that AI will live on your device, not in someone else's cloud.
OpenAI's GPT-5.5 shifts from chatbots to autonomous work agents with 78% task completion rates. Enterprise implications, competitive responses,…
Project Maven becomes an official Pentagon program as Anthropic withdraws over AI ethics concerns. Inside the $1.3 billion…
Stocks, indices, and the macro tape
Chinese PCB maker Victory Giant Technology surges 60% in Hong Kong's biggest IPO of…
Tesla's Q1 2026 earnings beat on margins but missed on deliveries. Then Elon Musk…
ServiceNow became the first major enterprise software company to quantify the Iran war's impact…
The Philadelphia Semiconductor Index hit its longest winning streak in 32 years of data,…
The race to build — and regulate — intelligent machines
Product, platform, and the shape of the Internet
TSMC reported a 58% year-over-year profit increase in Q1 2026, with AI and high-performance…
Kevin Weil, Bill Peebles, and Srinivas Narayanan all exited OpenAI on the same day.…
Anthropic launched Claude Design on April 17 and Figma shares fell as much as…
Anthropic launched Project Glasswing, an industry consortium deploying its unreleased Claude Mythos Preview model…
Meta expanded its CoreWeave partnership by $21 billion to a total of $35 billion…
Mark Zuckerberg spent $14 billion to bring Alexandr Wang in-house last summer. On Wednesday,…
Deals, earnings, and corporate strategy
Netflix crushed Q1 earnings expectations, then dropped 9% after Reed Hastings announced he would leave the board in June. The real story is what his exit means for…
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Open the Tape →Arguments, essays, and deep dives
Futures traders have pushed the probability of a Federal Reserve rate increase by year-end to 52%, the first time it has crossed the 50% threshold. Six months ago, the consensus…
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
The tech industry just had its worst quarter for jobs since the dot-com crash.…
Oracle has begun cutting up to 30,000 employees, roughly 18.5% of its global workforce,…
French AI startup Mistral just completed its first major debt raise, $830 million backed…
Jensen Huang takes the stage at GTC 2026 with 30,000 attendees watching. The Vera…
Advanced Micro Devices just got the kind of validation that money can’t buy. Except…
Amazon's $8 billion investment in Anthropic has evolved from a perceived desperation play into…
Inflation, employment, and the real economy
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