Minneapolis Fed President Neil Kashkari states the Fed's job is to get inflation back to 2%, but it's complicated by supply shocks (tariffs, energy, data center investment). He penciled in one rate hike by year-end, changing from a prior cut. He notes the labor market is 'treading water' and not driving inflation, which is instead supply-driven.

IDC's Nabila Popal states Apple will inevitably raise iPhone prices due to rising memory costs, with the only questions being when and by how much. She now expects a $200 increase on Pro Max models, up from a prior $100 estimate, citing strong upgrade demand from Apple Intelligence features and low price sensitivity among premium buyers.

Bloomberg Intelligence's Robert Schiffman downplays the significance of paper losses on SpaceX's $25 billion bond offering, calling it a 'near-term anomaly.' He notes the bonds are investment grade, trade tighter than Oracle, and the losses are overstated. The broader AI valuation narrative is not at risk.

Nvidia's VP of Robotics states that while the physical hardware for humanoid robots is largely ready, the industry is still waiting for a breakthrough in AI 'brains'—a general-purpose, accurate model. Nvidia has been working on the Jetson platform for over a decade to provide the necessary compute, but the 'ChatGPT moment' for robotics has not yet arrived.

OpenAI is considering delaying its IPO until 2027, potentially going public after rival Anthropic. The decision reflects current market volatility and a strategic preference to stay private longer. SoftBank shares fell on the news, and Goldman Sachs and Morgan Stanley, which are leading both IPOs, also saw declines.