Memorandum
Daily insights for leaders in tech.
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OpenAI shuts down Sora, Delta strips Congress perks amid the DHS shutdown, gold surges as Iran peace talks cool oil prices, & Bernstein targets $150k for Bitcoin by 2026.
Bipartisan bill targets prediction market sports bets, U.S. & Iran talks remain murky, DoorDash offers gas relief, & a Texas refinery explosion forces residents to shelter.
AI takes over GDC, Trump's Hormuz strategy draws criticism, the dollar strengthens on Middle East tensions, & Iran's strike on Diego Garcia falls short.
Prediction markets are redefining how we assign value to information, intuition, and future events.
Chatbots are reshaping how people shop, but not where they spend.
Alibaba slashes headcount, Bezos bets big on manufacturing AI, Trump invokes Pearl Harbor before Japan's PM, & China goes wild over OpenClaw.
NVIDIA builds a business to rival, Disney crowns a new CEO, Kalshi faces criminal charges, & Iran escalates its Gulf energy strikes.
Apple patches a Safari bug, Amazon eyes $600B in AWS revenue, Trump ditches allied support, & Iran retaliates after its security chief is killed.
Warren raises Grok security alarms, Huang eyes $1T in chip orders, PhonePe pauses its IPO, & Israel escalates strikes on Iran & Lebanon.
A Cybertruck bridge scare lawsuit, airline CEOs pressuring Congress, gold nearing $5k amid Middle East tensions, & U.S.-China trade talks kick off in Paris today.
War, energy markets, and infrastructure risks collide with the AI buildout.
From Nvidia's CPU pivot & xAI's rebuild to Meta's looming layoffs & the U.S. slashing its citizenship renunciation fee by 80%.
