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…
Shopify reported second-quarter revenue of $3.58 billion on Wednesday, up 34% from a year earlier, and the stock…
Brent crude settled 1.49% higher at $80.54 a barrel late Wednesday, hours after Houthi forces put ballistic missiles…
Stocks, indices, and the macro tape
Both companies report after today’s close, and roughly 95% beat odds are already priced…
The Philadelphia Semiconductor Index has given back more than 20% from its 52-week high…
The Federal Open Market Committee announces at 2:00 p.m. Eastern, and economists polled by…
Nvidia is in talks to guarantee as much as $250 billion of OpenAI’s obligations…
Product, platform, and the shape of the Internet
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…
TikTok’s parent company just made the largest single infrastructure bet in Latin American history,…
FedEx is getting out of the contract logistics business. The Memphis-based shipping giant agreed…
Deals, earnings, and corporate strategy
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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
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…
Meta is building the single largest artificial intelligence facility on Earth in rural Richland…
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