Samsung Joins The Trillion Dollar Club

Your team spend more time searching for information than using it. Amazon Quick changes that. One intelligent assistant that connects all your company's data and turns answers into action instantly. AWS.com slash quick. Here's your morning brief for Wednesday, May 6th. I'm Daniel Bach for The Wall Street Journal. President Trump has said the U.S. would pause its operation to guide commercial ships through the Strait of Hormuz. Project Freedom, as it's being called, began on Monday, prompting Iran to fire its ships in the waterway and target energy facilities in the United Arab Emirates. Trump said, quote, great progress had been made toward a peace agreement with Tehran, though he also said that a pre-existing effort to blockade Iranian ports will continue. Shares in Novo Nordisk have rallied after first quarter sales surged 30 percent. It marks a turnaround for the maker of weight loss drug Wegovi, which has been locked in stiff competition with U.S. rival Eli Lilly, and trying to offset a bruising obesity drug price war. But Novo said the launch of its obesity pill is the best volume launch of a GLP-1 product ever, with over 2 million people already on prescription. Whether this growth will continue in the coming quarters will partly depend on the success of Eli Lilly weight loss pill which only launched at the end of the first quarter And Korean tech giant Samsung has joined a rare league of companies worth more than a trillion dollars. Its shares have more than doubled so far this year, thanks to AI's red-hot demand for its memory chips. Its shares jumped 13% in early trading today, bringing Samsung's market cap over the $1 trillion mark, just the second Asian company to reach that value, aside from the Apple and NVIDIA supplier TSMC. That rally in Korea's most valuable stock helped push Asian shares higher today. Stock markets in Europe are also gaining in midday trading, and U.S. stock futures are pointing to a higher open. And we have a lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts. How much of your workday is actually work, and how much is just hunting for information? That's the problem Amazon Quick was built to solve. Quick is an intelligent workplace assistant that connects all your systems, your documents, dashboards, Salesforce, Jira, Slack, email, and gives you complete answers in seconds and turns them into action. Create a deck, update a ticket, send a message right there in the conversation without switching tools. It's AI that actually works the way you do. Learn more at aws.com slash quick.