The Brutalist Report

Fortune

• Another low-budget film crushes an expensive action movie at the box office — ‘an outstanding opening for a comedy sequel this far into the series’ [16d]
• Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos [16d]
• Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips [16d]
• Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics [16d]
• Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon [16d]
• SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX [16d]
• Trump says Fed rate increase would be wrong ahead of Warsh debut [16d]
• Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges [16d]
• OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports [16d]
• Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’ [16d]
• AI’s mega stock deals raise specter of more shares than buyers [16d]
• Banks lay groundwork for mass workforce cuts as AI takes hold [16d]
• U.S. floats steering frozen Iran assets to Gulf allies for repairs [16d]
• U.S. and Iran appear far from peace deal 100 days since war began [16d]
• Repair Cafes, the Buy Nothing Project and tool libraries are part of an anticonsumerism trend rejecting mass-produced disposable goods [16d]
• Consumers look resilient on the surface, but $4 gas was a tipping point and Costco members are filling up more often in case prices go even higher [16d]
• Trump will be the first sitting president to attend an NBA Finals game. But New Yorkers love the Knicks more than they love him [16d]
• Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates [16d]
• Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI—including a biweekly ‘vision quest’ where he ditches ‘corpo speak’ [16d]
• OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service [16d]
• America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one [17d]
• ‘The golden years are not golden’: Boomers are hoarding most of America’s wealth and power because they’re terrified of outliving their money [17d]
• This Gen Zer got reprimanded at Goldman for making cake videos as the ‘Investment Baker.’ She quit her job and is building a dessert empire [17d]
• High-earning millennials and Gen Zers feel broke and conflicted: ‘I make a good salary, I shouldn’t be struggling this much’ [17d]
• Retiring at 62 costs the average American $250,000. Here’s the math (and the neuroscience) that explain why [17d]
• This realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI’s and Anthropic’s boards first [17d]
• The short seller’s argument nobody on the coming mega IPO roadshow wants you to make [17d]
• How Howie Mandel turned a panic attack into a mental health movement and helped build a company now worth hundreds of millions [17d]