Stock futures rose early Thursday as the U.S. announced it has completed its strikes against Iran, though Gulf countries reported hostile activity from Tehran.
S&amp;P 500 futures gained 0.72%, and … [+2836 chars]

A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.

CNBC

Stock futures rise as U.S. completes strikes against Iran: Live updates - CNBC

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

Coupang told to pay $409mn after hack that exposed personal information of nearly two-thirds of population

Financial Times

‘South Korea’s Amazon’ hit with record fine over data breach - Financial Times

If founders and other business leaders weren’t already envious of Dario Amodei, who sits atop one of the world’s fastest-growing AI companies currently valued by private market investors at roughly t… [+903 chars]

If you doubted his genius, doubt no more.

TechCrunch

Anthropic’s Dario Amodei has just one direct report - TechCrunch

OpenAI is mulling sharp price cuts to its artificial intelligence offerings, as it looks to woo consumers away from rival Anthropic, the Wall Street Journal reported Wednesday evening stateside, citi… [+1478 chars]

OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.

OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ - CNBC

Anthropic is backtracking on a policy that would have covertly limited competitors from using its new AI model, Claude Fable 5, to develop other AI models. The company changed course after the move r… [+3209 chars]

The company changed course after researchers spoke out against the policy, which would have covertly limited Claude’s ability to develop competing AI models.

Wired

Anthropic Walks Back Policy That Could Have ‘Sabotaged’ AI Researchers Using Claude - WIRED

<ul><li>They're also sure to stir up a new set of accusations that Anthropic is proposing strict rules to lock in its own dominance or using frightening future scenarios as a marketing ploy.</li></ul… [+2851 chars]

Anthropic's ideas for tech regulation and economic disruption from AI go far beyond anything currently under serious consideration in Washington right now.

Axios

Anthropic CEO says government should block dangerous AI - Axios

Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
It's not often a president cheers a three-year high in the inflation rate, but this is where… [+3982 chars]

U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.

CNBC Daily Open: Trump expresses 'love' for inflation print and anger at Iran - CNBC

Ben Zercher is a Senior Analyst at PitchBook covering biotech &amp; pharma.
Parabilis Medicines just broke the record for the largest venture-backed biotech IPO, only weeks after Kailera Therapeutic… [+1401 chars]

Ben Zercher is a Senior Analyst at PitchBook covering biotech & pharma. Parabilis Medicines just broke the record for the largest venture-backed biotech IPO,...

Yahoo Entertainment

Parabilis now the largest VC-backed biotech IPO - Yahoo Finance

SAN FRANCISCO (AP) Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said Wed… [+5000 chars]

Visa is embedding its payment network into ChatGPT, allowing the chatbot to shop and complete transactions for users. This collaboration enables ChatGPT to make purchases at any merchant accepting Visa, unlike previous attempts limited to specific retailers. …

Associated Press

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users - AP News

First Tesla, then Ford, and now GM  it seems every automaker wants a slice of the energy storage market.
Its easy to see why. While EV sales have stagnated in the United States, sales of large, stat… [+5484 chars]

Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.

Everyone wants a piece of Tesla’s battery business - TechCrunch

<ul><li>Record Remaining Performance Obligations grew $85 billion in Q4 from $553 billion to $638 billion</li><li>Record Q4 Earnings per Share GAAP up 21% USD to $1.45, non-GAAP up 24% USD to $2.111<… [+85877 chars]

Record Remaining Performance Obligations grew $85 billion in Q4 from $553 billion to $638 billion Record Q4 Earnings per Share GAAP up 21% USD to $1.45,...

PRNewswire

Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications - PR Newswire

Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6,500 to buy SpaceX stock after it hits the market Friday. If she had her way, shed buy even more. She tried to borro… [+531 chars]

Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6,500 to buy SpaceX stock after it hits the market Friday. If she had her way, she’d buy even more. She tried to borrow $5,000 from her best friend and applied for a bank loan, …

Bloomberg

SpaceX IPO Whips Musk Fans Into Frenzy: ‘The More, the Better’ - Bloomberg.com

Several junior banks marketing shares in SpaceXs landmark listing are working for relatively small fees and being relegated to roles that dont come with any credit, according to people familiar with … [+388 chars]

Several junior banks marketing shares in SpaceX’s landmark listing are working for relatively small fees and being relegated to roles that don’t come with any credit, according to people familiar with the matter.

SpaceX Leaves Some Banks Peeved at Junior Roles in IPO Lineup - Bloomberg.com

In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200 a barrel, nearly  triple pre-war prices. But more than three months into the conflict, their … [+3666 chars]

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

Fortune

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer - Fortune

The Justice Department has sent far-ranging subpoenas to several of Americas largest banks including JPMorgan ChaseJPM-1.14%decrease; down pointing triangle
and Bank of AmericaBAC0.22%increase; up p… [+565 chars]

The U.S. Attorney’s Office in D.C. subpoenaed JPMorgan, Bank of America and others as part of a probe into alleged debanking

The Wall Street Journal

Exclusive | Jeanine Pirro’s Prosecutors Probe Big Banks for Alleged ‘Debanking’ - WSJ

<ul><li></li><li></li><li></li></ul>
A slew of viral clips show college graduates booing commencement speakers who mention AI.
A slew of viral clips show college graduates booing commencement speak… [+4377 chars]

A slew of viral clips show college graduates booing commencement speakers who mention AI.

The Verge

Microsoft, like, totally gets why students are booing AI-pilled graduation speakers - The Verge

Honda is recalling 880,514 vehicles because the rear suspension components could fail, putting passengers at risk of injury or a crash, federal regulators said in a recall notice.
The recall affects… [+1272 chars]

The recall affects certain Honda Pilot, Ridgeline, Passport, and Acura MDX vehicles sold in 23 states and the District of Columbia.

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