A year after Meta tapped Alexandr Wang to build a new AI model, Zuckerberg has to sell it

Mark Zuckerberg’s mega spending spree began a year ago, when he lured Alexandr Wang to oversee a new AI strategy. The results so far are underwhelming.
Trump heads to G7 summit in France as world awaits Iran deal

The Iran war has drawn the world’s focus, but the G7 is also likely to address Russia’s war against Ukraine, which continues to rage in eastern Europe.
Elon Musk drifted from Larry Page over a decade ago, but their companies are closer than ever

SpaceX and Google have a long and complicated relationship, but they were both celebrating this week after Elon Musk’s company held its blockbuster IPO.
UK forces board sanctioned Russian shadow fleet oil tanker

The U.K.’s Ministry of Defence says the SMYRTOS was in the English Channel and will be held off the south coast during investigations.
Trump says Iran deal will be signed Sunday, Strait of Hormuz to open immediately after

President Donald Trump posted on Truth Social that a deal to end the war with Iran will be signed on Sunday.
This wealth advisor stock should benefit as clients get rich from SpaceX IPO, says Baird

San Francisco-based wealth advisor Andersen Group is a less-than-obvious beneficiary of the SpaceX IPO, according to Baird.
SpaceX IPO sticks the landing. Here’s what investors are saying about its epic first trading day

Despite a large retail allocation and huge volume, volatility was moderate
Moats vs. moonshots: The Warren Buffett-Elon Musk style debate

In 2018, Warren Buffett and Elon Musk indirectly debated a key question that persists for modern investors.
From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO

After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech’s megacaps.
UAE denies ‘false’ reports of fund transfer to Iran

The statement follows a Reuters report that the UAE has agreed to unlock billions of dollars of frozen funds for Iran.