SpaceX files $75B IPO at $1.75T valuation while Nvidia crushes earnings but stock stalls; AI adoption faces backlash as Americans fear job losses, yet frontier models like Anthropic's show unprecedented profitability and recursive self-improvement breakthroughs. Anthropic reached EBIT profitability in Q1 2026, proving language model companies can generate 80% gross margins at scale, enabling potential $200-400B annual revenue across all LLMs by year-end.