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The fall of Elon Muska Down Fortune’s 100 The most powerful people in the Business list shows how the strength is unstable

Good morning. Fortune’s 2025 ranking of the 100 most powerful people in the world in business was released this morning. Unlike the cancellation or market ceiling, the power supply is a more complicated concept. We calculate not only the size of the person’s business, but also the health of their companies, as well as their innovation, impact, impact and where they are in the arch of their career.

According to these measures, NVIDIA CEO Jensen Huang came up with this year’s list No. 1. In addition to creating specialized computer chips that are sought after by companies that develop artificial intelligence, there is a technology that changes the global business environment itself.

The strength is not permanent. Elon Musk exceeded last year’s list not only because of his roles in Tesla, SpaceX, XAI and X, but also because of his work in Trump’s administration. That changed. This year Musk is no. 4 on the list.

The strength is also relative. Companies and leaders grow strongly when they have a good opponent against which they are measured. Jensen Huang has AMD CEO Lisa Su, his first cousin to removed, we his heels as a strong chipmaker. As part of this year’s package, we will look at how rivalry is played in key industries. You can see the full list here.

Best news

The Federal Big Jury will explore the accusation of Trump “Russia hoax”

The General Prosecutor of Pam Bondi has a direct American lawyer who Empanel a large jury to explore the accusation of the intelligence community that Moscow had influenced the election campaign of President Trump 2016. No goals we have appointed but investigations Is likely to look at Members of the Obama-Eéra Cabinet, such as James Clapper, John Brennan, Director of National Intelligence, and James Comey, director of the FBI director.

Trump threatens even more tariffs in India before buying Russian oil

India has 25% of the tariff rate in the last round, but The President is angry that India continues to buy Russian oil. “India not only buys massive love of Russian oil, but only for most oil porches, sell it in an open market with big profits. They care about the Russian Kild Kild war. Said to Trump Social. India said she said That was hypocrisy Because the EU continues trading in Russia and faces any similar sanctions.

PALANTOUT DIVETSE BLOWOUT RYTT

Revenues increased by almost 50% to nearly $ 1 billion, which beat expectations. Pure Incom was $ 327 million, which is 144%. CEO Alex Karp raised instructions for Q3. Shares closed 4% yesterday and another 5% increased in trading overnight. “We are planning to grow our return … While we reduce the number of people,” CEO Alex Karp said CNBC. “It is a crazy and effective revolution. The goal is to return 10x and have 3,600 people. Now we have 4,100.”

Deutsche Bank CEO approved trades that were later investigated

Christian sewing approved an agreement by EUR 1.5 billion, which was later investigated by the Italian authorities, resulting in six of his colleagues of the train sentenced to a false accounting accusation. The belief was later nuts in the dismissal. Deutsche Bank denied that there was some unlawful action on the side of the sewing: “Any accusation of conflict of Christian sewing is complete unfounded,” that said ft.

Trump wants to ban “Debanking”

President plans to issue A executive order that ordered banking regulators to explore whether banks reject accounts to people with right -wing views or those involved in crypto to see that such bans can violate credit, consumer or antitrust laws.

Strategist JPMORGan is alarm alarm on demographic issues

David Kelly, the main global strategist JPMORGAN Asset Management, warned On Monday, this immigration restriction and growing older populations could mean “no growth in the world” in the next 5 years. Kelly warned that lowering rates could lead to wage inflation and price inflation drives of economic growth.

Anthropic CEO for poaching META

Anthropic CEO Dario Amodei says the company’s employees less eagerly accepting poaching from META and the company Will not create Compart menus Because this Wow threatens corporate culture. “We are not willing to jeopardize our principles of remuneration, our principles of justice, respond to this offer individually,” Amodei said recently A large technological podcast.

Markets

Futures S&P 500 This morning was 0.13%, premarket, after the index closed 1.47% yesterday. Stoxx Europe 600 Early trading increased by 0.3%. United Kingdom Ftse 100 Early trading increased by 0.35%. Japan Nikkei 225 increased by 0.65%. China CSI 300 increased by 0.8%. South Korea Cow It increased by 1.6%. India Nifty 50 was a decrease of 0.46%. Bitcoin Remains above $ 114,000.

Around the water struggle

Elon Musk retains the title as the highest paid CEO in history with a package of $ 26 billion-and the only thing he has to do is to show up for two years Author: Amanda Gerut

According to veteran Wall Street, DoomSayers are wrong on the labor market in the labor market. Jason ma jason

The Chinese crisis of fertility is so saying that rats are falling below the “level of substitute” and GDP could be sweet by more than half in the next 30 years, says the study Eleanor Pringle

Dan Morehead compiled his Princeton Mafia to accumulate in 2013 to Bitcoins for $ 65 so his career Wall Street stayed behind and built a Krypto fund $ 5 billion Author: Leo Schwartz

Michael Sayl’s strategy makes its third most affordable purchase of bitcoins Author: Kirk Ogunrinde of Bloomberg

CEO Daily assembles and adjusts Joey Abrams and Jim Edwards.

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