Daily brief
Amazon opened its global shipping and logistics network to all businesses, directly challenging UPS and FedEx and causing their shares to fall sharply as investors view the move as a major threat.
OpenAI co-founder Greg Brockman disclosed a nearly $30 billion stake in the company, defending it as earned through 'blood, sweat, and tears,' while OpenAI claimed Elon Musk sent ominous texts to Brockman and Sam Altman after seeking a settlement.
Palantir lifted its annual revenue forecast, citing robust demand from the US government.
Chevron CEO warned that shortages in oil supply will begin appearing, as oil prices surged amid Middle East fighting.
Trump threatened new tariffs on EU vehicles, with plans for 25% tariffs on EU cars that could hit the German auto industry hard.