Chord Acquires Zenlytic, Expanding Enterprise AI Customer Base
Chord, an AI-native commerce data platform, has acquired business intelligence firm Zenlytic, adding Domino's to its enterprise customer portfolio.
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Texas Regulatory Update Regarding Marketplace Tax Treatment
Texas has initiated a regulatory change that impacts the tax treatment of transaction fees for online ordering services, following a legal challenge by Domino's Pizza Distribution LLC.
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Breakfast News: Week in Review
Tech stocks faced headwinds this week as inflation concerns and rising bond yields pressured AI-related companies like Nvidia and Broadcom. CoreWeave's debt spike to $52 billion with 15% bond yields reignited AI debt bubble fears. Despite strong earnings, TSMC, Johnson & Johnson, and Morgan Stanley all sold off, while JPMorgan rallied on solid lending metrics. Consumer spending signals remain mixed, with JPMorgan seeing strength but Domino's warning of economic headwinds. Rocket Lab delayed Neutron's first flight to 2027 due to manufacturing issues. Valuation concerns persist across tech, with ASML, Atlassian, and Klarna highlighting the importance of entry price.