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🟡 Semafor Business: The Mars bonus
In this edition, making sense of Musk’s interplanetary manifesto, and it might be time we change the way we talk about AI.
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Why an anxious AI romantic now drives Match Group’s dating apps
CEO Spencer Rascoff uses digital “personas” to help the Tinder owner understand its users.
Courtesy of Match Group/Joey Pfeifer/Semafor
How syringe-maker BD is infusing AI into its medical devices
CEO Tom Polen is turning his 65,000 employees into lean manufacturing “problem-finders.”
Courtesy of Becton Dickinson/Joey Pfeifer/Semafor
Retail signals portend trouble for US consumers
Major US retailers suggested shoppers are reining in spending as the Iran war raises prices on essential goods.
Mike Segar/File Photo/Reuters
We need a new AI vocabulary
CEOs’ vocabulary about the technology is at turns rosy and robotic, maddeningly passive, and tin-eared.
Go Nakamura/File Photo/Reuters
SpaceX IPO filing lays out Musk’s interplanetary manifesto
The document also revealed how much the world’s largest public offering is underpinned by a founder firmly in control.
Gabriel V. Cardenas/Reuters
How will the tech barons be remembered?
Jeff Bezos’ CNBC interview sparked discourse about the future of billionaire philanthropy.
Remo Casilli/Reuters
Novo Nordisk lets Canadian patent expire
It is unclear whether the patent’s lapse was a bit of cunning corporate strategy or an expensive oversight.
Nvidia beats on earnings, but faces headwinds
Nvidia’s revenue topped estimates for the latest quarter, the chip giant reported Wednesday, but it faces challenges.
OpenAI, SpaceX IPOs on deck
The listings would make 2026 the largest year ever for IPOs.
Inflation hits US alcohol industry
The US alcohol industry, already struggling with falling demand, is being further hit by inflation.
SpaceX prepares for pre-IPO Starship launch
SpaceX is set to debut its Starship V3 rocket on Thursday in a key test of both its technology and investor confidence.
Foreign governments dump US Treasurys amid Iran volatility
Data showed seven of the top 10 foreign holders of US government debt trimmed their holdings of US Treasurys in March.
Trump executive order to stop short of requiring banks to collect citizenship information
Still, the president’s Tuesday order imposes significant new restrictions on immigrants’ access to the financial system.
The digital casinos need pit bosses
Kalshi and Polymarket have either a massive insider-trading problem or the appearance of one.
CEOs are stressed out
Corporate chiefs are using earnings calls as talk therapy.
Shadow stock markets could crowd out the real thing
Finance history is full of synthetic products that track economically useful ones.
Joe Weisenthal is not an AI doomer
The co-host of Bloomberg’s Odd Lots thinks the AI future is bright, even (and especially) for financial journalists.
NextEra’s $67 billion deal pokes the AI bear
Regulators’ approval will test Americans’ anger against AI.