The Rundown

Markets react to geopolitical tensions as oil spikes after a high-profile speech. A major aerospace company submits confidential IPO paperwork that could reshape satellite and AI businesss. Electric vehicle deliveries fall short of expectations, shifting investor focus to future technologies. A lunar crewed launch marks a historic return beyond low Earth orbit.

Markets reacted to geopolitical and oil news as stocks rallied. Nike warns its turnaround will take longer amid China and margin pressure. OpenAI lands a massive $122 billion raise and soars to an $852 billion valuation. A fintech firm unveils AI agents to automate investing tasks, while select retailers and software names report mixed results.

Airlines testing Amazon’s Leo satellites to boost in‑flight Wi‑Fi and change onboard experiences. A massive $45B food business sale reshapes global brands and strategy. Big pharma and semiconductor moves include a multi‑billion drug deal and a $2B AI stake. Power supply delays spook investors, and a once‑hot shoe brand sells for pennies on the dollar.

A quick dive into turmoil in private credit and surprising hidden software exposures. A big $2.75 billion AI-driven drug deal with a Chinese biotech gets unpacked. Market moves from Middle East attacks lift aluminum stocks. Airline and gaming sector shifts tied to airport disruptions and AI-related hardware costs are highlighted.

Amos Hochstein, Managing Partner at TWG Global and former White House senior advisor on energy and national security. He explains backchannel diplomacy and negotiating with parties who refuse direct talks. He warns markets may be underpricing a major energy disruption and discusses the gap between paper and physical oil prices, impacts of a closed Strait of Hormuz, and what policymakers might have done differently.

A close look at Meta's strategic U-turn from the metaverse to an AI-first focus. Big spending on AI infrastructure and hiring clashes with recent layoffs and Reality Labs cutbacks. Legal verdicts and regulatory risks loom over ad revenue. Hardware experiments like smart glasses get weighed against product setbacks and investor worries.

Markets skid as the Nasdaq slides into correction territory while tech names lead losses. Netflix hikes prices across all plans and doubles down on live sports and big-content spending. JetBlue explores a potential sale amid rising fuel and airfare pressures. Unity lifts guidance on Vector AI momentum. Bitcoin cools off after a brief rally. Apple quietly earns big revenue from AI app subscriptions.

Legal rulings against a major social platform over child safety and addiction set new precedent risks. A tech giant’s TurboQuant compression sparks a selloff in memory chip stocks. Oil spikes on Middle East tensions, pushing gas prices higher. A beauty brand is sold for a steep markdown and the NBA weighs $7–10B expansion moves for Las Vegas and Seattle.

Markets wobble as new regulation threatens stablecoin yields and shakes crypto stocks. OpenAI pulls the plug on Sora, canceling a potential billion‑dollar Disney tie‑up. Arm unveils plans to sell its own AI chips for data centers. Pop Mart tumbles over dependence on a single toy line. Costco rolls out a Kirkland energy drink aiming at Celsius.

Market moves and gold’s sharp drop dominate the opening. A major shift toward AI agents and Anthropic’s Claude controlling computers takes center stage. Nintendo reportedly trims Switch 2 production after weak holiday demand and pricing issues. Private credit liquidity concerns surface as Apollo limits withdrawals. Apple Maps may soon show ads, signaling expansion of services revenue.