Brief: $91 Billion and a Shrug

Brief: Apple Pays Google to Think

Apple is expected to announce at today's WWDC keynote that it will pay Google roughly $1 billion per year to power the rebuilt Siri, an admission that the most valuable company on earth cannot build its own foundation model. Armenia's ruling party claimed victory in Sunday's parliamentary election,

Super Brief: Apple Pays Google to Think — Super Brief

Apple Pays Google to Think. Apple builds its own chips, operating systems, displays, and cellular modems. For AI, it chose to buy. Today's WWDC keynote is expected to reveal a roughly $1 billion annual deal for Google's custom Gemini model to power the rebuilt Siri. The decision reveals the implied cost of a competitive founda

Brief: Iran Fired on Its Neighbors

Iran launched seven ballistic missiles at Kuwait and Bahrain Saturday, expanding the conflict from a bilateral confrontation with the United States to an attack on sovereign Gulf nations, while US markets remain closed after Friday's worst tech selloff in fourteen months erased more than $1 trillion

Super Brief: Iran Fired on Its Neighbors — Super Brief

Iran Fired on Its Neighbors. Iran fired seven ballistic missiles at Kuwait and Bahrain Saturday. Six were intercepted, one fell short. The numbers matter less than the target selection. Attacking US forces in international waters is a bilateral confrontation with established protocols. Attacking sovereign Gulf nations activates

Brief: 172,000 Jobs, $1 Trillion Gone

The US economy added 172,000 jobs in May, double the forecast, slamming the door on rate cuts and sending the Nasdaq down 4.18% in its worst session since April 2025 as the semiconductor selloff went global. Gold crashed to its lowest since March. Bitcoin broke below $60,000 for the first time since