AI
SpaceX Files for a $1.75 Trillion IPO. The Money Furnace Is xAI, Not the Rockets.
SpaceX filed for a $1.75 trillion IPO, but its S-1 shows a $4.3 billion quarterly loss. The real money furnace is xAI, not the rockets.
AI
Google I/O 2026 Live: Gemini Omni, Googlebooks Laptops, And Android XR Glasses Land In Make-Or-Break Keynote For $190 Billion AI Bet
Sundar Pichai takes the I/O stage at 10 a.m. PT with the heaviest deliverable list in years: Gemini…
Business
The Mandalorian And Grogu Box Office: Disney’s $80 Million Tracking Star Wars Reboot Is A Make-Or-Break Test For The Franchise
Star Wars returns to theaters Friday after a seven-year absence. Tracking sits at $80 million to $100 million…
Markets
Stocks, indices, and the macro tape
AI
Nvidia Earnings Preview: $78 Billion Quarter, $725 Billion AI Capex, And A Bond Market In Revolt
Nvidia reports Wednesday after the bell. Consensus: $78 billion revenue, $1.77 EPS, 77% YoY…
AI
Anthropic $30 Billion Funding Round At $900 Billion Valuation Closes In On OpenAI’s IPO Math
Anthropic is in advanced talks for a $30 billion round at a $900 billion…
AI
Bill Ackman Drops $2.1 Billion On Microsoft At 21x Forward Earnings: Inside The Pershing Square Bet That Says Wall Street Got Azure Wrong
Bill Ackman quietly built a $2.1 billion Microsoft stake since February and waited until…
Analysis
Kevin Warsh Takes The Fed As 10-Year Yield Hits 4.59% And Tech Sells Off: Inside The Warsh Trade That Just Reset Wall Street
Jerome Powell's eight-year run ended Friday afternoon and the bond market did the math…
Artificial Intelligence
The race to build — and regulate — intelligent machines
AI
Anthropic Just Passed OpenAI In Enterprise AI Adoption: How Claude Code Quietly Flipped The Business Market And Cracked The OpenAI IPO Story
Ramp's April AI Index says Anthropic now sits at 34.4% of businesses to OpenAI's 32.3%. Anthropic quadrupled enterprise share in twelve months. Claude Code is the wedge, and…
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AICisco Stock Jumps 17% On Q3 Earnings Beat: AI Infrastructure Orders Hit $9 Billion As CSCO Doubles Hyperscaler Target
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AIGoogle I/O 2026: What to Expect From the Keynote That Has to Justify $190 Billion
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AICerebras Stock Soars 68% In $5.55 Billion IPO Debut: How CBRS Just Reopened The AI Chip IPO Window And Put Nvidia On Notice
Technology
Product, platform, and the shape of the Internet
AI
Tesla Robotaxi Wait Times Hit Two Hours In Dallas: How Safety Validation Is Quietly Killing Musk’s 2026 Rollout Target
A Reuters tracking study found Tesla Robotaxi wait times in Austin exceeded 15 minutes…
AI
Google’s New TPU 8 Chips Take Direct Aim at Nvidia With 3x Performance Gains
Google unveiled its eighth-generation TPU at Cloud Next 2026 with two purpose-built chips delivering…
AI
OpenAI Built a Nonprofit to Save Humanity. Now It’s Selling Cost-Per-Click Ads Inside ChatGPT.
Nine weeks after launching its first ad, OpenAI has rolled out cost-per-click pricing, onboarded…
Technology
Tim Cook Is Leaving Apple. The $4 Trillion Question Is Whether His Successor Can Win the AI War.
After 15 years and a 1,000% stock gain, Tim Cook is stepping down as…
AI
Cursor Valuation Doubles To $50 Billion As AI Coding Race Attracts Nvidia And Andreessen Horowitz
Cursor is raising more than $2 billion at north of $50 billion, doubling its…
AI
TSMC Q1 2026 Earnings: 58% Profit Surge Proves AI Chip Demand Is Nowhere Near Peaking
TSMC reported a 58% year-over-year profit increase in Q1 2026, with AI and high-performance…
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Trump’s Nvidia, Boeing, And Intel Stock Trades Spark Ethics Firestorm Mid-Beijing Summit: What The Disclosures Show
President Trump's personal portfolio executed a flurry of trades in Nvidia, Boeing, Microsoft, and Intel during the same week he negotiated their fates with China. The legal box is checked.…
Codex Doubled in Seven Days. NVIDIA Just Restructured 30,000 People Around It.
OpenAI IPO Delay? $25 Billion Revenue, $14 Billion Loss, and a CFO Pumping the Brakes
Crypto
Digital assets, tokenization, and the on-chain economy
Policy
Regulation, geopolitics, and capital in Washington
Cloud & Infrastructure
Data centers, chips, and the plumbing of AI
Analysis
Anthropic Rented Elon Musk’s Entire AI Supercomputer. The $4 Billion Math Made Both Sides Swallow Hard.
Anthropic just leased Elon Musk's entire Colossus 1 supercomputer in Memphis. The $4 billion-a-year…
AI
Datadog Stock Surges 31% On Q1 Earnings: How AI Workloads Just Became SaaS’s Best Friend (And Why Fortinet, DoorDash Are Riding The Same Wave)
Datadog jumped 31 percent on Q1 revenue of $1.006 billion as AI workloads drive…
AI
Microsoft May Drop 2030 Clean Energy Goal As AI Data Centers Blow Past Power Forecasts: What It Means For Climate Pledges Across Big Tech
Microsoft is weighing a delay or abandonment of its 2030 100/100/0 clean energy pledge…
AI
AMD Q1 2026 Earnings Crush Estimates: Data Center Revenue Hits $5.8 Billion, Stock Hits Record As Lisa Su Closes Gap With Nvidia
AMD reported Q1 2026 revenue of $10.3 billion with data center revenue surging 57…
AI
Qualcomm Stock Surges 16% On Mystery Hyperscaler Custom Silicon Deal And $20 Billion Buyback
Qualcomm beat Q2 estimates, disclosed a "leading hyperscaler" custom silicon win that begins shipping…
Analysis
Caterpillar Stock Hits Record High On $17.4 Billion Q1 Beat: How AI Just Turned A Construction Giant Into A Tech Trade
Caterpillar shares surged more than 9% to a record high after Q1 earnings crushed…
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Breaking News
Trump-Xi Summit Wraps With China Farm Pledge, Taiwan Warning, And No Chip Deal: How Wall Street Is Reading The Beijing Outcome
AI
Trump-Xi Summit Greenlights Nvidia H200 Sales To Alibaba, Tencent, ByteDance: Inside The 10-Firm Chip Deal That Could Reset US-China AI Trade
Consumer Behavior
On Holding Stock Pops After Record Q1 2026: Founders Return As CEOs As ONON Crushes Nike, Lululemon On Margin
Aviation
Trump-Xi Summit 2026: Boeing 500-Jet China Deal, LNG Exports, And AI Chip Talks Hit Wall Street Before The Plane Lands
Analysis
Nvidia Bets $3.2 Billion on Corning to Onshore AI Optical Manufacturing and Add 3,000 US Jobs
Analysis
Cloudflare Layoffs: 1,100 Jobs Cut in “Agentic AI” Reset as NET Stock Drops 18%
Business
HawkEye 360 IPO Pops 28% On NYSE Debut: How A $2.4 Billion Defense-Tech Listing Is Reopening The 2026 IPO Window
Business
Disney Q2 2026 Earnings: Josh D’Amaro’s First Quarter Delivers Streaming Profit Surge, $8 Billion Buyback, And A Domestic Parks Warning
Analysis
Inside Iran’s $2 Million Hormuz Toll: How the Persian Gulf Strait Authority Is Reshaping Global Oil
Analysis
The Fed’s Iran War Anxiety: Why Four Dissents at Powell’s Last Meeting Signal Stagflation Risk
Analysis
Amazon Now Sells Ozempic at Pharmacy Kiosks with Same-Day Delivery: Price, Availability, How It Works
AI