Good morning. On Fortune’s radar today:
- Three guys hacked into OpenAI’s source code for $6,500.
- New jobless claims are remarkably low.
- Markets: Yay!
- The credit market demands a hefty risk premium for holding AI hyperscaler debt.
- The Fed might have another 200 basis points of rate hikes coming.
- Your phone treats you like a ‘zoo animal,’ research shows .
➡️ Did someone forward this email to you? If you would like to receive this information directly, every morning before the markets open in New York, sign up here.