Good morning. The Los Angeles Lakers, up 3–1 against the Golden State Warriors, will aim to close out their playoff series in San Francisco tonight. Slim chance, says one internet-famous corgi. A corgi named Lilo has gone viral on TikTok by accurately predicting the outcome of each of the four games of the series so far (he boops a ball that goes into either a Lakers hoop or a Warriors hoop). And while the Fluffy Mamba had a sense that the Lakers were going to push the Warriors to the brink of elimination, Steph Furry also predicts that the Warriors will come storming back to take the series in seven games. So, there you have it: Warriors are a mortal lock tonight. —Sam Klebanov, Cassandra Cassidy, Matty Merritt, Neal Freyman | | | |  | Nasdaq | 12,179.55 | | | | | S&P | 4,119.17 | | | | | Dow | 33,561.81 | | |  | 10-Year | 3.521% | | | | | Bitcoin | $27,636.06 | | | | | Boeing | $201.88 | | | | *Stock data as of market close, cryptocurrency data as of 4:00am ET. Here's what these numbers mean. | - Markets: Stocks dipped as investors trained one wary eye on debt ceiling negotiations at the White House (to be continued on Friday) and the other on this morning's inflation report. Boeing gained after Ireland's Ryanair put aside their bitter feud and agreed to a monster purchase of up to 300 737 Max 10 jets. See, Colm and Pádraic? Reconciliation is possible.
| | | | Francis Scialabba In 2017, it was "blockchain." In 2021, it was "metaverse." In 2023, "AI" is the term that's instigated a Pavlovian response from investors salivating over the potential hundreds of billions in value that could be unlocked by the new technology. Palantir became the latest public company to enjoy a major stock boost after boasting about its embrace of AI on an earnings call this week. - Shares of the Big Data firm co-founded by Peter Thiel shot up more than 23% yesterday after it reported blockbuster demand for its forthcoming artificial intelligence platform (AIP).
- Palantir claimed that AIP will be a game changer for intelligence analysis in both military and civilian domains and said that one client is already swooning over it.
Live or die by AI There have been more than 1,000 mentions of AI on S&P 500 company earnings calls so far this year, according to Bloomberg. And emphasizing your AI capabilities makes financial sense: Companies embracing generative AI have been earning shareholders 0.4% more per day than those with less exposure to the tech in the months after ChatGPT was released, according to a working paper from the National Bureau of Economic Research. The best example yet is Microsoft, whose stock has gotten a jolt after it made the AI bet of a lifetime. Since it plugged ChatGPT-maker Open AI with a $10 billion investment in January, its stock price has boomed by 28%. But AI giveth and AI taketh away—and companies deemed to be missing the mark on AI have gotten pelted with tomatoes by investors. - Education site Chegg recently watched nearly half of its valuation vanish the day after it warned that ChatGPT threatens its popularity among students cramming for exams.
- Alphabet's valuation plunged by $100 billion on a single day in February after its AI chatbot, Bard, flubbed a demo.
Zoom out: AI is not the first buzzy tech to act like a financial capital magnet. It's happened with truly revolutionary innovations (see: dotcom bubble), as well as technologies that have yet to live up to the hype (see: the iced tea company that tripled its valuation by adding "blockchain" to its name).—SK | | A delicious pizza is an orchestra of ingredients. Fresh pepperoni, that precise sauce–cheese balance, a dash of pineapple (hey, no judgment here). It all comes together to make your personal slice(s) of perfection. But every orchestra needs a maestro, and the Ooni Volt 12 is the electric pizza oven primed to conduct gooey goodness—anytime, anywhere. The Volt reaches 850°F within 20 minutes and can cook a pie in just 90 seconds. Tasty and *checks watch* timely. The Volt 12 is weather resistant, portable, and ready for indoor or outdoor use wherever there's a power outlet. It also has a generous 13-inch cooking area and adjustable temperature, time, and balance controls. Your pitch-perfect pie awaits. | | Ed Jones/AFP via Getty Images  Donald Trump found liable for sexual abuse. A federal jury ruled that the former president more likely than not sexually abused advice columnist E. Jean Carroll in a Manhattan department store almost three decades ago. As a result of the verdict, which also determined that Trump defamed Carroll, he will owe her about $5 million in damages. Carroll also accused Trump of raping her, but the jurors did not find Trump liable for that offense. This civil (not criminal) verdict adds to Trump's legal problems as he embarks on a campaign to retake the White House.  Rep. George Santos criminally charged. The New York Republican who fabricated much of his career and life background was charged with federal criminal offenses, multiple news outlets reported yesterday. The charges are still sealed, but they could be revealed today if Santos appears in court. Despite numerous investigations into his actions, incessant mocking, and calls for him to resign (even from his fellow New York Republicans), Santos is adamant about wanting to stay in Congress and said last month he would run for reelection.
 Buddy Holly takes Best in Show. Ever heard of a petit basset griffon Vendéen? Few had…until last night, when a PBGV pup named Buddy Holly became the first of his breed to win the top prize at the Westminster Kennel Club Dog Show—the dog world's most prestigious competition. Buddy Holly's win marked the second straight year that a breed was awarded Best in Show for the first time. Last year, Trumpet was the first bloodhound to score doggydom's top honor.
| | Jason Koerner/Getty Images Tucker Carlson is bringing his show back…on Twitter. Two weeks after he was fired from Fox News, the popular conservative host announced that he will be airing a new version of his show on the Bird App. Carlson attributed his choice of platform to Elon Musk's approach as CEO, calling Twitter the "last big [platform] remaining" that permits free speech. After rumors flew that Musk and Carlson inked some sort of exclusive partnership, Musk tweeted that "we have not signed a deal of any kind whatsoever. Tucker is subject to the same rules & rewards of all content creators." But Musk's admission that some of those creator rewards are not yet available on the platform shows that the prospect of Carlson building a real business around streaming video on Twitter remains sketchy, Semafor reported. What's more, Twitter could watch even more advertisers flee the app as Carlson comes on board—many advertisers avoided Carlson's program on Fox News due to his controversial content. Another wrinkle: Carlson's move to Twitter may violate a noncompete clause in his contract with Fox, but he has already accused Fox of breaching the contract first, according to Axios. A legal battle could be brewing.—NF | | Europa Press News/Getty Images The US Preventive Services Task Force updated its guidelines yesterday to recommend that women begin biennial mammogram screening at age 40 rather than 50, which it had previously advised. The guidance applies to cisgender women and anyone assigned female at birth. Why the change? For reasons that medical researchers still don't fully understand, breast cancer is becoming more prevalent among women age 40 to 49, and racial disparities persist. According to the Task Force: - The rate of breast cancer diagnoses among women in their 40s increased by 2% each year between 2015–2019.
- Black women are 40% more likely to die from breast cancer than white women and are more likely to develop aggressive forms of breast cancer at a younger age.
Beginning screening at age 40 is estimated to save ~20% more women's lives, according to Dr. John Wong of Tufts University School of Medicine, who is on the task force. Big picture: The new guidance comes after the FDA made an update in March to improve its oversight of mammogram facilities. Though breast cancer is the second-leading cause of cancer deaths among women in the US, there are still research gaps—and yesterday's report urgently calls for further research to address inadequacies around screening frequency, the proper treatment of women over 75, and health disparities for members of the BIPOC community who are at greater risk, among other issues.—CC | | Conan/TBS via Giphy Stat: Many workers spend two full days per week either on email or in meetings, according to Microsoft's annual study of workplace productivity trends. The company, whose office tools are used by millions of workers around the world, found that the top 25% power users of its apps spend 8.8 hours per week on email and 7.5 hours zoning out in meetings, the WSJ reported. And more meetings and email mean less room for activities: The average employee spent just 43% of their time on Microsoft's apps actually creating things, compared to 57% for communications. Quote: "Moving and relaxing the facial muscles is the key to making a good smile." Business is booming for Keiko Kawano. She runs a course at a Tokyo elderly center that helps people relearn how to smile now that Covid-19 has been downgraded in Japan and face masks are coming off after three years. Since the government announced in February that Covid would be reclassified as a reduced threat, Kawano has seen a 4.5x jump in requests for smiling lessons over the year before, the Asahi Shimbun reported. Read: An obituary for the metaverse. (Insider) | | - Tempur Sealy, the world's largest mattress-maker, agreed to buy Mattress Firm, the largest US specialty mattress retailer, for $4 billion. The deal will likely face antitrust scrutiny.
- The former prime minister of Pakistan, Imran Khan, was arrested on corruption charges, sparking mass protests by his supporters.
- A woman who wrote a children's book about grief after her husband died was charged with murdering him.
- TurboTax will soon send out checks to 4.4 million people as part of a settlement over its parent company Intuit's alleged deceptive marketing practices. Most claimants will get ~$30.
| | Word Search: Do you know which prominent Americans are featured on the $1, $5, and $10 bills? If so, you'll probably ace today's Word Search. Play it here. Airplane tail trivia Let's see how zoned out you are at the airport. Below are the tail designs for six major airlines. Can you identify them? Hint: Ryanair, the Irish budget airline that just inked a major deal with Boeing, is one of them.  | |  Don't know where to start when it comes to personal finance? Sign up for Money Scoop, our newsletter that helps demystify the complicated concepts. Sign up for free here.
 Learn Excel shortcuts and productivity hacks with our course on all things spreadsheets. Check it out.
🛒 It's not easy to keep tabs on consumer trends. Watch this conversation to learn about tactics to keep your customers engaged and coming back. | | - Southwest Airlines
- Air Canada
- Emirates
- Japan Airlines
- Turkish Airlines (Nope, not Qantas.)
- This one is Ryanair.
| | | Written by Neal Freyman, Cassandra Cassidy, Matty Merritt, and Sam Klebanov Was this email forwarded to you? Sign up here. Take The Brew to work Get smarter in just 5 minutes Business education without the BS Interested in podcasts? | ADVERTISE // CAREERS // SHOP 10% OFF // FAQ
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