Bank of America double-upgraded Salesforce from sell to buy on Monday, raising its price target to $285 from $160 and arguing that AI poses a lesser threat — and a greater opportunity — for the enterprise software giant than previously assumed.
Starbucks issued a direct denial Monday that it is acquiring Chipotle Mexican Grill, ending days of takeover speculation that had moved both companies' stock prices in opposite directions.
The IMF warned AI is hitting labor markets like a "slow-moving tsunami," a survey found 85% of family offices chasing AI returns despite bubble fears, and TikTok's CEO predicted major scientific breakthroughs within three years.
Vertical microdrama streaming startup Vurt has launched dedicated Apple TV and Android TV apps, offering 3,500 episodes across more than 100 shows as it bets that short-form vertical content will find a second home on wide-screen televisions.
The Federal Motor Carrier Safety Administration has granted Aurora Innovation and Kodiak AI a five-year exemption allowing self-driving trucks to replace roadside warning triangles with cab-mounted beacons, clearing a major regulatory hurdle for autonomous freight commercialization.
Third-party AI evaluators like METR and Apollo Research are taking on growing responsibility for model safety oversight as Anthropic and OpenAI embed independent auditors and the federal government opts against formal regulation.
Apple disclosed to the European Commission that it has agreed to hire members of the Huxe AI team and license the personalized podcast startup's intellectual property, in a reverse acqui-hire deal filed on June 9.
Bank of America double-upgraded Salesforce from sell to buy on Monday, raising its price target to $285 from $160 and arguing that AI poses a lesser threat — and a greater opportunity — for the enterprise software giant than previously assumed.
Starbucks issued a direct denial Monday that it is acquiring Chipotle Mexican Grill, ending days of takeover speculation that had moved both companies' stock prices in opposite directions.
SpaceX's agreement to acquire a nationwide spectrum portfolio from Grain Management sent Verizon down 8.75%, T-Mobile down 13.27%, and AT&T down 9.81% on Friday, as investors priced in the long-term threat of Starlink entering the U.S. mobile market.
The IMF warned AI is hitting labor markets like a "slow-moving tsunami," a survey found 85% of family offices chasing AI returns despite bubble fears, and TikTok's CEO predicted major scientific breakthroughs within three years.
Vertical microdrama streaming startup Vurt has launched dedicated Apple TV and Android TV apps, offering 3,500 episodes across more than 100 shows as it bets that short-form vertical content will find a second home on wide-screen televisions.
The Federal Motor Carrier Safety Administration has granted Aurora Innovation and Kodiak AI a five-year exemption allowing self-driving trucks to replace roadside warning triangles with cab-mounted beacons, clearing a major regulatory hurdle for autonomous freight commercialization.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.