The news. The narrative. The timeline.
Bureau: San Francisco
The Pentagon institutionalized the Anthropic exclusion last week with seven contracts; the White House is drafting an executive order that walks the OMB ban back on the civilian side.
Morgan Stanley, Citi, Barclays and UBS broke convention and required limit-only orders to surface what Cerebras buyers will actually pay; the book topped 20x at the raised $125–$135 range.
Shivon Zilis testified Friday that Musk offered Altman a Tesla board seat in late 2017 and worked the OpenAI poach list while still on its board; Brockman's five-stake list lands as Cerebras prices.
JPMorgan models $30B to $100B of warrant equity value and 200 to 400 bps of gross-margin drag; Goldman and BofA put the dilution narrower — four days in, the sell-side cannot price the same filing.
Apple's $100B buyback prints its record date Monday and pays Thursday; Berkshire's 13F-HR — the first under Abel as CEO — files Thursday and shows whether the 22.79M Apple position was trimmed.
Tesla's April 30 10-K/A disclosed $573.4M of related-party revenue from xAI and SpaceX last year; SpaceX's public S-1 lands May 18-22 and inherits the conglomerate Musk never called one.
OpenAI closed the TBPN acquisition April 2 in the low hundreds of millions; the show sits in the Strategy org under Chris Lehane with an editorial-independence clause — the Brockman trial reframes it.
Twenty days after the April 20 OAuth breach via a Context.ai token from a Vercel employee's Google Workspace, Vercel still has no update; ShinyHunters listed the data at $2M; Class Action U on Day 11.
Lionsgate's first standalone earnings and analyst day since the Starz separation lands May 21 — eight days after Cerebras prices, six after Berkshire's 13F, one after SpaceX's S-1 window opens.
Day four since Disney's Q2 beat held the ABC license cliff inside safe harbor — the four-document SEC set (MSFT 10-Q + Disney 8-K + 10-Q + earnings call) is the operative regulated-cliff posture.
Subscription-services revenue of $584M against $619M consensus and a $394M GAAP loss bought Coinbase a 14% layoff and an agentic AI-first repricing in the same week.
A $639.8M quarter that beat consensus by $17M bought 1,100 workers a severance memo, and Matthew Prince told the firm that being fit was no excuse for not being fitter.
Adjusted EPS beat by 25 percent, a raised full-year guide, and a $309M GAAP loss carrying a $172.8M Bitcoin remeasurement charge — three numbers, three stories, one quarter.