Chipotle Falls 9% On An Outbreak It Has Not Been Linked To Yet

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…

Chipotle Falls 9% On An Outbreak It Has Not Been Linked To Yet

Payrolls Fell 23,000 and the Rates Market Repriced a Fed That Refuses to Guide It

Washington Will Pay RWE $1.22 Billion Not to Build 7 Gigawatts of Offshore Wind

911.5 Million SpaceX Shares Unlock Today, and Musk Is Not the One Selling

Nvidia Jumps 3.8% as Cloud Giants Line Up $886 Billion in AI Capex

Q2 GDP Slowed to 1.5%, but Private Demand Jumped 3.9%: Why the Bond Market Isn’t Buying the Cooldown

Microsoft and Meta Report Tonight, and the Beat Is Already Irrelevant

Sam Altman Says AI Should Pace Itself, Weeks After His Models Broke Out Of Their Cage

Nvidia’s $250 Billion Backstop for OpenAI’s Ohio Campus Says the Debt Market Already Said No

Anthropic Priced Claude Opus 5 to Cannibalize Its Own Flagship

Nvidia Rose 3.26% the Day Washington Accused Moonshot AI of Smuggling Its Chips

Meta Claims Its Next AI Model Has Caught OpenAI’s GPT-5.5, Signaling a Narrowing Frontier Gap

Microsoft Bets $2.5 Billion on Frontier Company to Solve Enterprise AI’s Biggest Problem

xAI Launches Voice Agent Builder at $0.05 Per Minute, Undercutting ElevenLabs and Vapi on Price

The EU-US Trade Deal Just Took Effect, and the 15% Tariff Ceiling Changes Everything for Global Business

Spain Blacklists Palantir From State Companies Over National Security Fears, Joining France and Germany

ByteDance Is Spending $39 Billion on Its Biggest Data Center Outside China, and Brazil Won the Bid

Anthropic Above, DeepSeek Below: OpenAI’s Squeeze Is Now a $1 Trillion IPO Problem

California Signs the Largest US State Government AI Deal With Anthropic, Giving Every Agency Access to Claude

OpenAI Proposes Giving the US Government a $42 Billion Stake to Defuse AI Regulation

Meta Is Building a Cloud Business to Sell Its Massive AI Computing Surplus

Charts

The Tape

Intel Hits All-Time High After Trump Confirms Apple Chip Manufacturing Partnership

Fed Signals Rate Hike as Nine Officials Back Higher Rates in Warsh’s First Meeting

Partners Group Caps Fund Withdrawals, Triggering a $50 Billion Private Equity Rout

Trump’s $1.4 Billion Crypto Disclosure Reveals the Business Model Behind His Deregulation Agenda

EU Ends De Minimis Exemption: New Customs Duty on Low-Value Parcels Hits Cross-Border Ecommerce

Bloom Energy Stock Surges 20% as Brookfield Expands AI Data Center Power Deal to $25 Billion

Amazon Commits $48 Billion to India by 2030 as Andy Jassy Makes His First Visit as CEO

FERC Orders Six Grid Operators to Fast-Track AI Data Center Connections or Justify Current Rules

AI Debt Boom: Morgan Stanley Projects $570 Billion in AI-Linked Borrowing in 2026

Oracle Q4 Earnings Beat Wall Street, but a $40 Billion Capital Raise Spooked Investors

Meta’s $200 Billion Hyperion Data Center Is Rewriting the Rules of AI Infrastructure

Fed Rate Decision Today: Warsh’s Silence Is the Only Number That Moves

The Chip Rout Is Deepening and Retail Is Googling 3x Leveraged ETFs

America’s Largest Power Grid Hits Emergency Mode as Record 166,304 MW Demand Collides With the AI Buildout

Tesla Delivers 480,000 Vehicles in Q2, Crushing Wall Street Estimates by 18% as International Sales Surge

FedEx Sells Supply Chain Unit to CMA CGM for $1.4 Billion in Logistics Reshuffling

Samsung and SK Hynix Tumble 7% as Global Chip Selloff Spreads From Wall Street to Asia

Kroger Bets $1.65 Billion on Giant Eagle to Rebuild Its Regional Grocery Empire

Nike Beats Earnings Estimates, but a $986 Million Tariff Refund Is Doing All the Heavy Lifting

Wall Street Caps Its Best Quarter Since 2020 as the Dow Hits a Record and AI Chips Surge 88%

Microsoft Cuts Thousands of Jobs and Weighs Closing Arkane Studios in Biggest Xbox Overhaul Yet

Microsoft Plans Thousands More Layoffs as $190 Billion AI Bet Guts Non-AI Divisions

EchoStar Prepares Chapter 11 Filing for Dish DBS, Betting $14 Billion Bankruptcy Will Unlock Spectrum Goldmine

GitHub Copilot’s First Metered Billing Cycle Closes Today with Developer Revolt