Oil Snapped Back to $97 as the Ceasefire Cracked, Repeating the Same Pattern
Brent dropped 14% on the ceasefire headline, then climbed back 3% when reality intervened — same cycle as April 6.
Theo Kaplan
Bureau: San Francisco
150,000 Tech Workers Fired This Year While OpenAI Proposes a Four-Day Work Week
The company most responsible for AI-driven layoffs now wants you to work less — the contradiction is the product.
Ten Days Until the Sanctions Waiver Expires and Nobody Has a Plan
The Iran sanctions waiver expires April 19, the ceasefire expires April 22, and India is trying to barter rice for oil before both deadlines hit.
The Dow Surged 1,300 Points on a Ceasefire That May Not Survive the Week
Markets priced in peace on Wednesday — Dow up 1,300, oil below $95, S&P up 2.5% — then the ceasefire started cracking before the close.
OpenAI Closes the Largest Private Round in History and Buys a Media Company the Same Week
OpenAI raised $122 billion at an $852 billion valuation, then bought a media company — because when you're burning $14 billion a year, narrative control matters.
Venture Capital Poured $297 Billion Into Startups in One Quarter — 81 Percent Went to AI
Q1 2026 shattered every venture capital record ever set, with four companies absorbing more capital than entire years used to produce.
Bitcoin Surges Past $72,000 on Ceasefire Rally but Remains Half Its October Peak
Bitcoin jumped 5% to $72,000 on ceasefire relief but is still roughly half its October 2025 high near $130K.
Anthropic Pays $400 Million for a 10-Person Biotech Startup With No Revenue
Anthropic acquires Coefficient Bio — fewer than 10 people, 8 months old, zero revenue — for $400M in stock.
Q1 Global M&A Tops $1.2 Trillion as AI Equity Stakes Inflate the Scoreboard
Q1 2026 M&A hit a record $1.22 trillion, up 26% year-over-year, with 22 deals above $10 billion.
Q1 Earnings Season Opens Next Week With JPMorgan as the Market's First War Stress Test
JPMorgan reports April 14, kicking off an earnings season where FactSet forecasts 13.2% S&P 500 growth.
Goldman Sachs Warns Laid-Off Tech Workers Face Longer Job Hunts and Permanent Pay Cuts
Goldman Sachs says tech workers displaced by AI take a month longer to find work and accept 3% lower pay — and it may get worse.