Xinjie Research initiated coverage of SpaceX with a $165 PT.

President Trump has concluded an interview on Fox News.

Amazon founder Bezos said he expects AI will produce "a labor shortage in the economy," rejecting fears that fast‑developing AI will simply replace human jobs. He is launching a project to boost engineer productivity and is co‑leading a new AI firm, Prometheus, which aims to build a "general AI engineer" capable of designing and manufacturing complex physical products such as jet engines. Bezos said the goal is to "empower engineers, making invention simpler and faster so smaller teams can complete larger projects in shorter timeframes," and that while AI will reduce labor demand for some existing roles it will also create jobs and raise productivity; he added some youth pessimism about AI is "contrary to reality."