**Alphabet's massive $80 billion stock sale is set to fuel AI investments, driving HPE's share surge on infrastructure demand, as Anthropic prepares for an IPO and Nvidia and Intel compete with new AI chips for both consumer and data center markets, while Uber deploys AI robotaxis and concerns rise over Chinese military's pursuit of advanced AI components**.

• Alphabet to sell $80bn in stock to fund AI spending spree — Financial Times -
• HPE shares soar 37% on booming demand for AI infrastructure — Financial Times -
• HPE Pulls Forward Long-Term Targets as Surging AI Compute Demand Boosts Revenue — Wall Street Journal -

• SoftBank data centre offers France AI sovereignty with strings — Financial Times -
• Anthropic files for blockbuster initial public offering — Financial Times -
• Chinese Military Sought Nvidia Chips for Years, Report Says — The New York Times Business -
• Anthropic offers EU access to Mythos — Financial Times -
• FirstFT: Nvidia targets consumer PC market — Financial Times -
• Uber Chooses Munich as AI Robotaxi Testing Ground — Wall Street Journal -
• AI and real GDP: how big and how fast? — Financial Times -
• Nvidia unveils PC ‘superchip’ in challenge to Apple and Intel — Financial Times -
• Intel looks to level up in AI race — Financial Times -
• Intel targets new AI data centre chip by year end — Financial Times -

Middle East tensions are escalating with US-Iran military exchanges and rising oil prices, prompting President Trump's claims of a ceasefire and a reversal on his 'anti-weaponisation' fund, as China's market share growth is linked to subsidies and European nations reassess alliances amid a volatile global landscape.

• Trump drops $1.8bn ‘anti-weaponisation’ fund — Financial Times -
• Trump claims Israel and Hizbollah agree ceasefire after Iran threats — Financial Times -
• Trump Administration Signals ‘Anti-Weaponization’ Fund About-Face — Wall Street Journal -

• Energy & Utilities Roundup: Market Talk — Wall Street Journal -
• Oil Prices Spike as U.S. and Iran Exchange Fire — The New York Times Business -
• Oil Prices Jump as Middle East Tensions Build — The New York Times Business -
• How Maine’s lobster revolt could cost Trump the Senate — Financial Times -
• Home Office bans pro-Palestinian influencers from entering the UK — Financial Times -
• America at 250 — and the war it forgot — Financial Times -
• Putin could pay a personal price for failure in Ukraine — Financial Times -
• EU’s dealmaking machine grinds steadily on — Financial Times -
• US and Iran launch fresh strikes as peace efforts continue — Financial Times -
• Chinese firms’ market share gains driven by subsidies, says OECD — Financial Times -
• Why Nato fears splintering unanimity on higher defence spending — Financial Times -
• Iran war inflation shock set to fall short of 2022 surge — Financial Times -
• Danish shipyard still servicing LNG tankers for Russia trade — Financial Times -
• EU looks more attractive in Trump’s ‘crazy world’, says Norway — Financial Times -
• Global asset managers capture just 0.1% of Chinese market in 5 years — Financial Times -
• India’s statistics chief counts GDP data reform as success — Financial Times -
• The Emirati prince preparing for power — Financial Times -
• Europe is running from a phantom China threat — Financial Times -
• Xi’s last frontier: China’s plan to transform its west — Financial Times -
• Singapore tries to keep Asia’s oil flowing — Financial Times -
• Populist to face outgoing president’s candidate in Colombian run-off election — Financial Times -

Berkshire Hathaway's acquisition of homebuilder Taylor Morrison marks a major deal under new leadership, **Barry Diller's People Inc. is pursuing an $18 billion takeover of MGM Resorts, while easyJet faces a potential 'opportunistic' offer and Uber navigates competition in its bid for Delivery Hero, as GLP eyes a large Hong Kong IPO and US tax adviser Ryan expands into Europe**.

• Drahi’s indebted US cable group escalates fight with creditors — Financial Times -
• Barry Diller launches $18bn takeover offer for MGM Resorts — Financial Times -
• Barry Diller’s People Inc. Plans a Takeover Bid for MGM Resorts — The New York Times Business -

• EasyJet says takeover bid would be ‘highly opportunistic’ as shares jump — Financial Times -
• People Inc. Offers to Buy Rest of MGM Resorts, Valuing Company at Around $12.4 Billion — Wall Street Journal -
• Uber faces Prosus challenge in Delivery Hero pursuit — Financial Times -
• Auto & Transport Roundup: Market Talk — Wall Street Journal -
• Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal — Financial Times -
• GLP Eyes Up to US$3.0 Billion Hong Kong IPO, Sources Say — Wall Street Journal -
• US tax adviser Ryan strikes $400mn deal to take on Big Four in Europe — Financial Times -
• The Honeywell lifer deconstructing a 141-year-old industrials empire — Financial Times -
• Berkshire Hathaway to Buy Home Builder Taylor Morrison for $6.8 Billion — Wall Street Journal -

Confidence in UK degrees has plummeted, cancer services remain fragile post-pandemic, and government policies are under scrutiny as Labour faces criticism over Mandelson files and a minister suggests Britain's re-entry into the EU is 'inevitable', while house prices fall and youth employment challenges persist.

• Confidence in the value of a degree hits record low in England — Financial Times -
• UK cancer services left ‘fragile’ by the pandemic — Financial Times -
• I.R.A. Rebates for Appliance Swaps Could Be Phased Out — The New York Times Business -

• Britain re-entering the EU ‘an inevitability’, says Treasury minister — Financial Times -
• Eight things we learnt from the latest Mandelson files — Financial Times -
• Mandelson files expose criticism of Starmer’s ‘advance/buckle’ premiership — Financial Times -
• Sinn Féin proposes reform to remove threat of Northern Ireland Assembly ‘collapse’ — Financial Times -
• UK defeats Rwanda claim for £100mn compensation over asylum plan — Financial Times -
• Submit your questions: Ten years on, what’s next for Brexit? — Financial Times -
• UK house prices fall in May amid Iran turmoil — Financial Times -
• Young Britons pay the price of Labour’s choices — Financial Times -
• Starmer braced for release of Mandelson files on Monday — Financial Times -
• UK warns it could take action over crown dependencies’ lack of transparency — Financial Times -
• UK reviews research centres that link academia and businesses — Financial Times -

Elon Musk's ventures draw avid investor support, FedEx Freight prepares for self-driving trucks, China's Meituan records losses amid a food-delivery price war, SoftBank surpasses Toyota as Japan's largest company, and specialized markets like craft flour see growth, highlighting diverse industry developments and shifting market dynamics.

• This 83-Year-Old Investor Is Elon Musk’s Biggest Fanboy — Wall Street Journal -
• Opinion | The Exxon Example for Corporations — Wall Street Journal -
• Opinion | Bring Back Our Local Retail — Wall Street Journal -

• Castlelake Values Potential easyJet Offer at Minimum of $4.12 Billion — Wall Street Journal -
• JetBlue Seeing Strong Demand Across All Geographies — Wall Street Journal -
• Meituan Logs Another Loss Amid Food-Delivery Price War — Wall Street Journal -
• Opinion | Notable & Quotable: Learning — Wall Street Journal -
• FedEx Freight CEO Says Self-Driving Trucks Are Ready for Prime Time — Wall Street Journal -
• Prized by ‘MAHA’ Influencers and Chefs Alike, Craft Flour Is on the Rise — The New York Times Business -
• Missy Robbins on New York dining: ‘Life is hard right now. People just want to feel good’ — Financial Times -
• Is This the Future of Air Travel? — The New York Times Business -
• UAW Goes on Strike at Key General Motors Truck Supplier Plant — Wall Street Journal -
• SoftBank overtakes Toyota after over 20 years to become Japan’s largest company — Financial Times -
• The truth about the American profit machine — Financial Times -

Aspiration Partners' co-founder Joe Sanberg received a 14-year fraud sentence, highlighting corporate misconduct, as Italy's labor abuse crackdown expands to a US construction group, Wise Group faces a Belgian investigation into transactions, and Federal Reserve Chair Jay Powell warns of a 'stress test' for the central bank, underscoring ongoing financial oversight challenges.

• Aspiration Partners’ co-founder Joe Sanberg gets 14-year fraud sentence — Financial Times -
• Italy labour abuse crackdown spreads to US group building Milan consulate — Financial Times -
• Four Takeaways From the WSJ Investigation Into Bill Gates — Wall Street Journal -

• How to combat corruption — Financial Times -
• Wise Group Shares Slide on Report of Belgian Investigation into Transactions — Wall Street Journal -
• Transcript of an interview with Andrew Bailey — Financial Times -
• Jay Powell warns Federal Reserve is undergoing ‘stress test’ — Financial Times -

'60 Minutes' faces internal staff hostility amid a leadership change, the Tribeca Festival celebrates its 25th anniversary, and young moviegoers are driving box office success for films like 'Backrooms,' while obituaries honor figures like photojournalist Dang Van Phuoc and biographies highlight historical figures challenging gender norms.

• ‘60 Minutes’ Staff Meeting Turns Hostile for New Executive Producer — Wall Street Journal -
• Tribeca Festival 25th Anniversary: An Interview With Robert De Niro, Jane Rosenthal, Rebecca Glashow — The New York Times Business -
• Scott Pelley Accuses CBS News Boss of ‘Murdering’ ‘60 Minutes’ — The New York Times Business -

• Dang Van Phuoc Dies at 90; Intrepid Photojournalist in Vietnam War — The New York Times Business -
• I, Vera — how a cross-dressing Russian princess became a battlefield surgeon — Financial Times -
• Young Moviegoers Power ‘Backrooms’ to $82 Million in Ticket Sales — The New York Times Business -