The U.S. government just did something no regulator has done before: it ordered a major AI company to shut down its most capable models worldwide, effective…
Jeff Bezos is no longer content to fund the AI revolution from the sidelines. His startup Prometheus just…
SpaceX (SPCX) closed up 19% at $160.95 in the largest IPO ever, raising $75 billion. Inside Musk's dual-class…
Stocks, indices, and the macro tape
SpaceX opened for trading on the Nasdaq Friday morning under the ticker SPCX at…
Super Micro Computer announced a massive $7 billion equity and equity-linked financing package on…
GSK announced on Monday that it will acquire Nuvalent, a Boston-based clinical-stage oncology company,…
The May Consumer Price Index landed at 4.2% year-over-year on Tuesday, the highest reading…
The race to build — and regulate — intelligent machines
Product, platform, and the shape of the Internet
Microsoft just shipped the largest single monthly security update in the history of its…
South Korea just set a new price for failing to protect consumer data, and…
Oracle just posted the kind of quarter most enterprise software companies dream about, and…
SpaceX is about to become the biggest IPO in history, pricing 555.6 million shares…
T-Mobile has quietly added an artificial speed limit to its cheapest 5G home internet…
Hackers compromised more than 20,000 Instagram accounts over a seven-week stretch by exploiting a…
Deals, earnings, and corporate strategy
The Office of the United States Trade Representative on June 2 proposed additional tariffs of up to 12.5% on imports from 60 trading partners, marking the…
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Open the Tape →Arguments, essays, and deep dives
The private equity selloff that Wall Street has been quietly bracing for just got its first real catalyst, and it came from Zurich, not New York.…
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
Meta is building the single largest artificial intelligence facility on Earth in rural Richland…
Alphabet just announced the largest equity capital markets transaction in history: an $80 billion…
Snowflake stock jumped 36% after a Q1 beat, a raised forecast, and a five-year,…
Dell reports Q1 FY2027 Thursday with a $43 billion AI server backlog. The number…
Anthropic is in talks to run Claude on Microsoft's Maia 200 inference chip, a…
Anthropic just leased Elon Musk's entire Colossus 1 supercomputer in Memphis. The $4 billion-a-year…
Inflation, employment, and the real economy
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