Chipotle pulled jalapeños from restaurants in Minnesota this week after state health officials flagged a possible connection to a salmonella outbreak. The stock fell close to…
Buried in the disclosure for GameStop’s $1.4 billion debt-for-equity swap is a sentence that should have led the…
For twelve months, the European Union had binding obligations on general-purpose AI models and no legal ability to…
Stocks, indices, and the macro tape
The Trade Desk told investors on Thursday to expect third-quarter revenue of “at least…
Shopify reported second-quarter revenue of $3.58 billion on Wednesday, up 34% from a year…
Brent crude settled 1.49% higher at $80.54 a barrel late Wednesday, hours after Houthi…
SpaceX changed hands near $112 in Thursday’s premarket session, roughly 10% below Wednesday’s $125.33…
Product, platform, and the shape of the Internet
Anthropic launched Claude Opus 5 at the same $5 and $25 token price as…
Meta’s chief AI officer Alexandr Wang told employees during an internal town hall on…
Microsoft just admitted what the rest of the industry has been whispering for months:…
Elon Musk’s AI company just collapsed the cost of building AI phone agents by…
After months of negotiation and legislative ratification across 27 member states, the most consequential…
Europe’s third ban on the U.S. defense tech giant in two months is not…
Deals, earnings, and corporate strategy
OpenAI lost the revenue lead to Anthropic and got sued by Apple in the same week. The structural problem is worse than either headline.
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Open the Tape →Arguments, essays, and deep dives
Intel just broke a 26-year price record, and it took one Truth Social post to get there. President Trump announced on June 18 that Apple has…
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
Mark Zuckerberg spent more than $60 billion building AI infrastructure nobody outside Meta could…
Bloom Energy just landed the kind of deal that turns a fuel cell company…
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi on Thursday and announced…
The federal government just gave America’s largest power grid operators a 60-day ultimatum: prove…
The AI infrastructure buildout is no longer being funded primarily from cash flow or…
Oracle just posted the kind of quarter most enterprise software companies dream about, and…
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