Intel announced a proposed $15 billion common stock offering, with up to $2.25 billion overallotment option, its first major public equity raise since going public in 1971, to fund capital expenditures and working capital targeting physical AI, purpose-built silicon, advanced packaging, and external wafers; shares fell around 4% on dilution concerns. Archer Aviation agreed to acquire Boeing’s Wisk Aero, Insitu, and SkyGrid in an all-stock deal, with Boeing holding roughly 16.5% equity; shares surged over 10%. Meta launched Muse Glimmer, a 30B-parameter open-weight model under Apache 2.0 designed to run locally on a single consumer GPU, with plans to open-source a stronger Muse Spark version soon. Oil surged nearly 5% as Iran’s new conditions dimmed prospects for reopening the Strait of Hormuz, with Brent crude jumping about 5% to around $87/barrel, lifting energy stocks while adding inflation concerns; major indexes closed modestly lower. MarineMax agreed to a ~$1.5 billion cash buyout by a Blackstone portfolio company, surging over 40%, and Varex Imaging jumped nearly 50% after Teledyne’s cash acquisition offer, while AbCellera rose on positive mid-stage trial data.