Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

Morning Brew Daily · May 29, 2026 · 28m

#856: Retail stocks are surging thanks to US shoppers continuing to spend, spend, spend (even if it’s squeezing their budgets). Anthropic surpasses OpenAI as the most valuable AI startup. Dell wins a $9.7B Pentagon deal. JPMorgan owes an ex-employee $4.25M for wrongful termination. Finally, Blue Origin’s attempted launch ends in a spectacular explosion (no one was hurt).

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