A federal judge in San Francisco granted Anthropic a preliminary injunction against the Trump administration, ordering the Pentagon to rescind its designation of the AI company as a “supply chain risk.” The 43-page ruling called the blacklist “arbitrary and capricious” and found the government engaged in First Amendment retaliation.
The Nasdaq dropped nearly 2.4% on Thursday, officially entering correction territory as Brent crude surged past $110 per barrel. Wall Street is staring down its fifth consecutive weekly loss, the longest streak since 2022, while consumer sentiment cratered to its lowest reading of 2026.
OpenAI is in full acquisition mode. After spending the better part of last year getting schooled by Anthropic in the enterprise market it invented, the company is doing what it always does when under pressure: throw people and capital at the problem. The Financial Times
It’s not often you see an entire industry category get repriced in real time, but that’s precisely what happened on Tuesday, March 24, 2026, when the enterprise software sector melted down with the kind of ferocity usually reserved for earnings misses and executive scandals. Salesforce
A massive explosion at Valero Energy’s Port Arthur refinery in Texas just sent shockwaves through energy markets everywhere, and the timing could not be worse. With 435,000 barrels per day suddenly offline, the U.S. oil sector is now staring at exactly the kind of supply
In a move that sent stock futures soaring and oil prices plummeting, Donald Trump announced Tuesday that he’s postponing planned strikes on Iranian power plants for five days, claiming “productive conversations” with Tehran have opened a door to negotiation. The problem, of course, is that
New court filings reveal a Pentagon official emailed Anthropic CEO Dario Amodei saying the two sides were “very close” on autonomous weapons and surveillance guardrails, just one week after Trump publicly severed ties with the AI company. Tuesday’s hearing before Judge Rita Lin could redefine the relationship between AI companies and the U.S. military.
Meta is shutting down Horizon Worlds on VR headsets by June 2026, closing the book on a metaverse bet that cost Reality Labs $84 billion in cumulative losses since 2020. The company is pivoting hard to AI and smart glasses as Zuckerberg quietly walks away from the vision he renamed his entire company around.
The financial architecture of the Iran war reveals a remarkable pattern: the people who pushed hardest for the conflict are the same people making the most money from it.
The Federal Reserve kicks off its two-day FOMC meeting with rates expected to hold at 3.75%. But the real action comes Wednesday with the Dot Plot, where surging oil prices, sticky inflation, and 15% tariffs collide with a cooling labor market for the first time in the Fed’s official projections.
Adobe beat earnings by $120 million. AI revenue tripled. The stock dropped 7.6% anyway. Shantanu Narayen’s departure after 18 years isn’t just a CEO transition. It’s the clearest signal yet that Wall Street no longer believes legacy creative software survives the AI era.
Jensen Huang takes the stage at GTC 2026 with 30,000 attendees watching. The Vera Rubin platform launch, a $27 billion Meta-Nebius deal, and one-gigawatt AI factories signal that Nvidia’s grip on the AI infrastructure buildout is tighter than ever.
Operation Epic Fury has entered its third week with no coherent justification, no credible timeline, and no exit strategy. The Trump administration has offered at least six contradictory reasons for the war, while polls show most Americans believe it is making the country less safe.
Trump’s Truth Social post celebrating rising oil prices as a national windfall is technically defensible from a producer standpoint and politically catastrophic from every other one. Here is what the statement gets right, what it gets badly wrong, and what it signals for markets, businesses, and the midterm elections.
Meta is reportedly planning layoffs that could eliminate 20% or more of its nearly 79,000-person workforce, roughly 16,000 jobs, as the company races to offset a staggering $135 billion AI infrastructure spending spree while betting that artificial intelligence can replace the humans it is cutting.
Brent crude briefly hit $119 a barrel Monday as the US-Israel war on Iran enters its second week with no end in sight. The Strait of Hormuz — the chokepoint for 20% of global oil supply — has ground to a near-complete halt, threatening $150 oil and a global inflation shock the world wasn’t ready for.
Robinhood’s $1 billion closed-end fund IPO puts Databricks, Stripe, and Revolut within reach of retail investors. The pitch is compelling. The fine print deserves equal attention.
A devastating jobs report, an oil shock from the Iran war, tariff-driven inflation, and a paralyzed Federal Reserve all landed in the same week. This is what a perfect economic storm looks like.
Wall Street’s biggest bank just told the crypto market exactly what it wants to hear: relief is coming, and it has a name. In a research note that landed as Bitcoin continues grinding sideways in the mid-$60,000 range, JPMorgan analysts led by managing director Nikolaos
Wall Street is about to have the worst Monday morning in years, and everyone on trading desks already knows it. The joint U.S.-Israeli military operation against Iran, launched Saturday and still ongoing, has done what months of tariff drama, the Venezuela incursion, and an increasingly