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…
OpenAI just filed confidential IPO papers targeting an $850 billion valuation. Now 42 state attorneys general want to…
The biggest media merger in a generation just cleared its last federal hurdle, and the Justice Department did…
Stocks, indices, and the macro tape
The European Central Bank hiked its deposit facility rate by 25 basis points to…
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 race to build — and regulate — intelligent machines
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Apple quietly dropped the most significant change to its developer ecosystem in a decade…
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…
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…
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