by John Hill | Sep 4, 2026 | Uncategorized
At 9 a.m. Eastern Time today, oil was priced at $96.90 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a drop of $2.48 compared with yesterday morning and around $30 higher than the price one year ago....
by John Hill | Sep 4, 2026 | Uncategorized
Good morning. On Fortune’s radar today: Who are the real winners of AI transformation? Don’t blame the Fed for bond yields, says JPMorgan. Markets: Cautiously optimistic ahead of key jobs data. Chart: Cracks in subprime auto loans. Eating out is a waste of money,...
by John Hill | Sep 4, 2026 | Uncategorized
Good morning. Nvidia will pay $12.93 billion for Hugging Face, which is generating roughly $150 million in annualized revenue. At about 86 times revenue, the price makes clear that Nvidia values Hugging Face less for the business it is today than for the strategic...
by John Hill | Sep 4, 2026 | Uncategorized
At Apple this week, it was the end of an era. After 15 years as CEO, Tim Cook stepped aside, replaced by longtime executive John Ternus. As my colleague Sebastian Herrera wrote in a just-published profile of Ternus, he steps up at a tense moment for the $4.75...
by John Hill | Sep 4, 2026 | Uncategorized
In today’s CEO Daily: ‘Sovereign AI’ means something different everywhere. The big leadership story: Have we entered the AGI era? The markets: Mixed globally, as traders await the U.S. jobs report. Plus: All the news and watercooler chat from Fortune. Good morning....
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