Many people have dreamed of quitting their job while sticking it to the company on the way to the exit door. But one Anthropic researcher has taken it to the next level-warning that those building artificial intelligence believe it could "kill us all by the end of the decade."

A current Anthropic researcher replied on X, giving such a scenario a greater than 10% chance. The company has not responded to a request for comment.

Regardless of how likely that is, it's not a good look ahead of Anthropic and OpenAI's IPOs.

Maybe it's time to appreciate Apple, which has been seen as an anti-AI trade in recent months, still relying on its tried and tested products. Speaking of which, it's expected to unveil a foldable iPhone today.

It won't come cheap, but nothing does these days. Especially the costs of running AI data centers, though Google has found a cool way to reduce energy costs.

Gas definitely won't be getting cheaper. Oil prices hit $100 early Wednesday for the first time since July. The latest trade tit-for-tat between the U.S. and Canada will also affect a range of goods.

The problem for investors is deciding whether the market's hottest tech stocks are also getting too expensive.

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📈 Here's what's happening in markets today:

Stock futures are lower as fresh strikes between the U.S. and Iran drive up oil prices.

Oil hits $100 a barrel, sending bond yields higher.

Qualcomm, Corning, Casey's, and more stocks that explain today's market.

Follow live coverage of Apple's annual product launch.

Google has a cool $15 billion fix to the AI energy problem.

Jersey Mike's first public earnings after IPO fail to lift the stock.

The tide is turning on AI ahead of Anthropic, OpenAI IPOs.

SailPoint tops earnings estimates as annual recurring revenue grows 25%.

GE Aerospace buys turbine maker in blow to SpaceX. These stocks could benefit.

🐮 U.S. bans some Canadian dairy, alcohol in latest tit-for-tat

In an escalation of the trade dispute with Canada, the White House said it's going to ban certain dairy and alcohol imports from there and limit government procurement access to Canadian businesses, effective in about three weeks. The moves come as Canada's retaliatory tariffs on about $20 billion of goods went into effect.

🚀 GE Aerospace's big bet on this seemingly unsexy business

GE Aerospace made a surprise splash into casting technology-a business that Elon Musk wants to disrupt through SpaceX-with a nearly $12 billion deal to buy Consolidated Precision Products, its first major deal since GE CEO Larry Culp broke the former company into three parts. Barron's looks at why this seemingly unsexy business is so hot.

?? Copper's record high good for miners, challenge for others

Copper prices are at record highs on concerns over potential U.S. tariffs and supply problems plus an insatiable demand for AI data-center infrastructure. The front month futures rose to $6.78 a pound on Tuesday. The rise is a boon for mining companies like Freeport-McMoRan but a headwind for AI, power, and EV makers.

🎌 Japan's yen is on a tear. Investors should keep it in focus.

Japan's yen, one of the world's most actively traded currencies, is up a staggering 5% against the U.S. dollar over the past month to the highest levels since early February. That's a massive reversal after the yen lost half its value versus the U.S. dollar over the past five years. The risks for U.S. markets could be significant. Barron's takes a look.

?? This company wants to be the first to revive a defunct nuclear plant

Holtec Nuclear, a 40-year old company that aims to be the first to bring a defunct nuclear power plant back to life, is looking to raise about $900 million in an initial public offering that could value it at more than $10 billion. The company is best known for decommissioning old reactors and making casks to store spent nuclear waste.

🏦 Chime to buy longtime bank partner as it expands

The fintech Chime plans to buy longtime partner company Stride Bank for $590 million in cash, a transaction it says will help it become a leading consumer technology company. What the deal does is bring payments infrastructure in-house as Chime expands its business, and is a quicker way for Chime to do that than pursuing its own bank charter.

🎴 GameStop bets big on the $100 billion collectibles market

GameStop's collectibles business is booming, with sales surging 57% from last year and now accounting for roughly 45% of total sales. It could be why GameStop CEO Ryan Cohen made an unsolicited offer for eBay, a step toward expanding its collectible and trading cards market. That was rejected.

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💸 Read the latest column by MarketWatch's Moneyist

Don't miss today's Moneyist column by MarketWatch managing editor for advice Quentin Fottrell, who responds to readers' questions about how to avoid being taken advantage of financially in their older years. Read the column here.

💬 Quote of the day:

Other headlines moving markets:

How Casey's General Stores beat quarterly expectations.

ServiceTitan's third-quarter revenue guidance falls short.

A new quantum system and other takeaways from IonQ's investor day.

Everything to know about the Boeing jet that overshot a Miami runway.

SpaceX stock can gain 50%, new bull says.

Elon Musk's under the radar rare earths comment and what it means.

Novartis notches a third major pipeline setback.

Top Uber executive buys $5.3 million of stock after job cuts.

It's fourth down. Will stocks go for a win or a tie?

3 ETFs for the high-yield dividend stress test.

Hollywood's summer box office sales on track to break record.

Wall Street betting big on bits.

Qualcomm pops as Amazon deal ramps up AI ambitions.

Is it time to buy defense stocks?

Boston Scientific unlikely to meet earnings guidance, it warns.

This NFL season is 'do or die' for prediction markets.

The U.S.-China worry list: Here's what could rattle the fragile detente.

How to profit from sharp stock moves-up or down.

The best low-volatility funds for a frothy market.

-Edited by Liz Moyer, Stacy Ozol, and Patrick O'Donnell