Brought to you by:
Top stories today:
- Oil +7% to $74, global stocks retreat as Israel hits Iran
- Appleās delayed Siri AI upgrade said to be targeted for spring 2026
- Elonās xAI draws $250M investment interest from TPG, Sequoia
- Meta finalizes $14.3B Scale AI investment, hires its CEO
- Chime +37% in Nasdaq debut after pricing IPO above range
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Oil +7% to $74, global stocks retreat as Israel hits Iran
The biggest intraday jump in Brent oil since Mar. 2022:
-1% in the S&P 500 and European equities.
+1% in gold prices.
Trump admin. has sought to distance the U.S. from Israeli strikes.
No sign of a breach at Iranās Natanz nuclear site after Israeli strikes, the UN watchdog IAEA said.
Iranās top generals, including Bagheri and Salami, were killed in the attacks.
Iran has retaliated with 100+ drones.
Israel targeted Iranian nuclear sites and top military personnel
Israelās strikes have raised shipping fears over chokepoints
Discover how top U.S. companies are hiring faster and smarter in LATAM.
Learn how to save up to 70% on hiring costs while accessing top-tier engineers, designers, and marketers.
Get the insights that turn remote hiring into your biggest strategic advantage in 2025.
Get the data and hire smarter today.
*Disclaimer: We have equity in Athyna.
3. Appleās delayed Siri AI upgrade said to be targeted for spring 2026
iOS 26.4 could bring the revamped Siri experience.
Mar.: Appleās ā.4ā updates, internally known as āEā, are typically released.
The timeline could still shift depending on whether new snags emerge.
The Siri upgrade, unveiled at WWDC last year, has since been delayed.
Want to hear how Anthropic, NVIDIA, Databricks, TikTok, Google, Intel, AMD, and Weaviate are tacklingĀ Generative AI and data privacy?
Attend theĀ Confidential Computing Summit, June 16ā18 in San Francisco, and learn directly from the teams building the infrastructure that keeps AI secure and compliant.
Bay Area Times readers can claim a very limited number of free ticketsĀ ā first come, first served. Get access to the whole conference, including a workshop led by AI practitioners for free (a $695 value).
If you're an architect, developer, technical leader or CXO shaping your organization's AI usage, you need to be at this event.
*Sponsored.
5. Elonās xAI draws $250M investment interest from TPG, Sequoia, ARK Invest via tender offer
