SpaceX Opens Its 109x Analyst Day While Brent Trades Through $95
Twenty-one banks walk into Starbase Tuesday to underwrite the $1.75 trillion book with the peace trade already wobbling on the Vance postponement and a Hormuz clock under 36 hours.
Theo Kaplan
Bureau: San Francisco
Tesla Reports Wednesday and Barclays Says Terafab Is the Question
Tesla's Q1 prints after Wednesday's close on a 50K inventory build, and Barclays says the real question is whether Musk asks shareholders to underwrite the Terafab AI chip complex.
Cerebras Named a Customer, a Lender, and a Shareholder in Its S-1 and They Are All OpenAI
The S-1 refile puts 86% of 2025 revenue in two customers; OpenAI alone is a $20B buyer, a $1B lender, and a prospective ~10% shareholder through warrants that vest as spend ramps.
Vercel Traces Breach to an AI Productivity Tool's OAuth Token and a Two-Month Foothold
The first widely publicized cloud-platform breach to propagate out of an AI productivity tool, routed through an Allow-All OAuth grant and sold on a forum at two million dollars.
Cursor Nears Two Billion at Fifty Billion as AI Coding Consolidates Into Four Desktops
Cursor's valuation doubles in six months on a run-rate that tripled in five; the week the round closes is the week Google, OpenAI, and Anthropic all moved on the same desktop.
Anthropic's Credit Window Has Already Closed and the Subscribers Who Did Not Migrate Are Paying
The April 17 credit-claim deadline passed three days before Tuesday's press time, which means the outcome of Cherny's concession is no longer pending — it is priced.
Jacobs Names the Fifty Billion Target the Morning After QXO Buys TopBuild
Jacobs told Bloomberg TV Monday evening the $17B TopBuild deal is a first step toward $50B in sales in an $800B fragmented building-products market.
American Airlines Drops Four Percent Ahead of Thursday's First-Quarter Print
AAL closed down 4.2% Monday and reports Q1 Thursday with guidance already cut to negative EPS, the late-cycle airline read on Delta's two-billion-dollar fuel hedge.
IBM Reports Q1 Wednesday With a Nine-Point-Five-Billion-Dollar GenAI Book to Defend
IBM prints Q1 Wednesday after market close with the watsonx book's credibility as the real metric and the stock twenty-five percent off its fifty-two-week high.
Eddie Bauer's Plan Is Confirmed and All 175 Stores Go Dark in Nine Days
Judge Meisel approved the liquidating plan after the March 6 auction drew zero qualified bids — the April 30 deadline holds for all 175 stores and 2,200 employees.
Day Five of Amazon's Three Point Five Percent Surcharge and Only USPS Has Followed
The FBA fuel-and-logistics surcharge took effect April 17 with only USPS's 8% hike arriving April 26 as a follower — no retailer has matched Amazon's line-item pass-through.
Ohio Data Center Ban Enters Week Three With Signature Count Still Undisclosed
Ohio Residents for Responsible Development finishes week three of a 12-week sprint for 413,487 signatures with no running count released.
Amex ACE Developer Kit Completes Three-Network Agentic Commerce Rail One Week In
A week after Amex's ACE launch, Visa, Mastercard, and Amex have each shipped a registered-agent payment rail with overlapping partner stacks.
Snap Microsoft Oracle Cut Deep as April Becomes the Q2 Tech Layoff Inflection
Three weeks into April, the three largest tech layoff waves of 2026 all cite AI productivity as the reason headcount can fall.