
Welcome back!
Here’s your must-read news this morning:
Stocks immune to AI disruption
Ukraine robot battles Russian soldier
Colbert “censorship” claim crumbles
I’ve got all the details for you, so let’s dive in.
— Josh
MARKETS
Market Roundup
🏦 Economy
⭐ Editor’s Pick: The U.S. and Japan struck a deal under which Japan will invest about $36 billion in U.S. oil, gas, and critical mineral projects. (CNBC)
U.S. companies expect tamer price increases this year, attributing the trend to Trump’s economic policies. (BN)
Trump’s border enforcement crackdown drove an 80% plunge in immigrant employment. (FM)
Federal Reserve Governor Michael Barr said the central bank is likely to keep interest rates on hold for some time as it watches inflation. (YF)
📈 Hot Stock Picks
🏢 Industry
⭐ Editor’s Pick: Palantir relocated its headquarters from Denver to Miami. (CNBC)
Austin‑area households grew 51% from 2014‑24, four times the U.S. national growth rate. (FBN)
Warner Bros. Discovery’s David Zaslav's real plan is to let Netflix and Paramount “duke it out” to drive up the takeover price. (NYP)
A major internet outage disrupted access to Cloudflare, YouTube, Google, Facebook, and Instagram services worldwide last night. (RBC)
The FTC is intensifying its probe of Microsoft, questioning competitors about its bundled AI, security, and identity software practices. (BN)
🛢️ Energy & Commodities
⭐ Editor’s Pick: The U.S. is undergoing a historic effort to boost domestic nuclear supply chains. (BBG)
California and Connecticut are preparing an "attack" against Trump’s repeal of the basis of U.S. climate regulations. (RTS)
U.S. agencies crafted a critical minerals price‑floor system to pitch to allies as part of efforts to protect Western supply chains. (BBG)
🌕 Crypto
⭐ Editor’s Pick: The CFTC filed a court brief asserting it has sole federal authority over prediction markets. (TB)
Stripe-owned stablecoin platform Bridge won conditional OCC approval for a national bank charter. (CD)
Zora launched "attention markets" on Solana, where users can trade tokens tied to internet trends, memes and cultural moments. (CN)
Peter Thiel’s Founders Fund fully divested their 7.5% stake in Ethereum treasury firm ETHZilla.(BIC)
Gemini parted ways with its COO, CFO, and CLO amid company-wide restructuring. (SHW)
TECH
Tech Roundup
🧠 AI
⭐ Editor’s Pick: Anthropic launched Claude Sonnet 4.6, its newest AI model that’s faster and cheaper with improved coding and reasoning. (AX)
Nvidia and Meta expanded their multiyear partnership, with Nvidia supplying millions of Blackwell and Rubin GPUs to power Meta’s AI infrastructure. (YF)
Figma and Anthropic launched “Code to Canvas,” turning AI‑generated code into editable Figma design files. (CNBC)
Warner Bros. joined Disney and Paramount in claiming infringement on ByteDance’s AI tool Seedance. (VAR)
Perplexity plans to end its ads permanently, abandoning the 2024 rollout after phasing them out in 2025. (FT)
An inside look at how India’s AI Summit is dazzling with ambition and funding, but bottlenecks could curb its global influence. (GDS)
WordPress added a built‑in AI assistant that can help with site design and management. (TC)
🤖 Robots
💰Venture Capital
⭐ Editor’s Pick: Benchmark added Jack Altman, founder of Alt Capital and Lattice, as its fifth general partner. (BBG)
Battery Ventures raised $3.25 billion for its XV fund. (BW)
Ineffable Intelligence, founded by ex‑DeepMind scientist David Silver, is raising a $1 billion seed round led by Sequoia at a $4 billion valuation. (FT)
AI‑agent reliability startup Temporal raised $300 million in a Series D round, led by Andreessen Horowitz, at a $5 billion valuation. (SA)
1789 Capital, where Donald Trump Jr. is a partner, declined for ideological reasons when Anthropic approached the firm about investing in its latest funding round. (WSJ)
AI legal software startup Legora is in talks to raise $400 million at a $5 billion valuation. (FOR)
FREEDOM
Freedom Roundup
🏛️ Policy & Culture
⭐ Editor’s Pick: Robert F. Kennedy Jr. and Kid Rock posted a quirky workout video promoting “Get Active + Eat Real Food” for his “Make America Healthy Again” campaign. (IG)
Forty state attorneys general urge Congress to pass the Senate’s Kids Online Safety Act, which would end online anonymity by linking activity to real‑world identities. (RTN)
The FAA ordered U.S. airlines to adopt merit‑based pilot hiring standards. (UT)
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DISCLAIMER: The CAPITAL newsletter is for informational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research and consult a qualified financial advisor before making investment decisions. The CAPITAL newsletter and its owner and operator, Josh Caplan, are not liable for any loss or damage resulting from reliance on this information. The CAPITAL newsletter is solely owned and independently operated by Josh Caplan, separate from any employer affiliations.




