Good morning. On Fortune’s radar today:
- Apple’s foldable iPhone lands next month.
- Shein launches $27 billion IPO—a fraction of its peak price.
- Markets: Mixed as traders await market-moving events from Bessent, Warsh, and Nvidia .
- Midterm predictions.
- 20 million Americans have opted out of work.
- AI is comically bad at drawing maps .
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here.