GSK enters agreement to acquire Nuvalent, Inc. - GSK
Acquisition expected to be accretive to sales & core operating profit in 2027 & core EPS in 2029 inclusive of synergies and reprioritisation
How SpaceX’s IPO ambitions ride on Starship’s path to Mars - Financial Times
Musk’s largest rocket must prove it can routinely fly before the company can deliver on its biggest promises
Trump Family Reportedly Made About $2.3 Billion on Crypto While Investors Lost About $2.3 Billion on Trump-Related Crypto - Gizmodo
It's nice and symmetrical, and also sad.
China May wholesale inflation hits near 4-year high on Iran war-led higher input costs, AI boom - CNBC
The Middle East conflict has given China's economy a reflationary boost as energy and raw material disruptions deepened.
Broadcom CEO unnerves biggest AI backers in rattling pivot - thestreet.com
One line from CEO Hock Tan may have sent Broadcom stock into its worst slide in more than a year.
Disconnected Oil Futures Market Could See Price Spike within Weeks - Crude Oil Prices Today | OilPrice.com
Global oil inventories are being depleted at a record pace, as governments draw down strategic reserves and stored crude to offset lost supply, while U.S. fuel stocks have fallen to multi-year lows.
New York's Penn Station to get $8 billion remodel with columns, sunlight and Trump's name - PBS
Images of the estimated $8 billion project were released Monday and show a return to hub's original classical style, with a stone facade and rows of Roman-style columns.
Minneapolis Cafe Cuts Prices to Zero in Protest—and Profits Rise - Newser
Donation-based model turns diner into a community hub after owner makes a drastic move
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint - Fortune
A midday rout in the “Parabolic 7” chipmakers reversed by the close as money fled into the market’s dullest corners.