P.M. Edition for June 16. SpaceX said today that it would <a href="https://www.wsj.com/business/spacex-agrees-to-buy-ai-coding-agent-cursor-for-60-billion-7a473340?mod=WSJ_WNPOD">acquire the parent company of the AI coding tool Cursor</a> for $60 billion. WSJ reporter <a href="https://www.wsj.com/news/author/becky-peterson?mod=WSJ_WNPOD">Becky Peterson</a> explains how the deal is intended to help SpaceX catch up with its AI rivals. Plus, the agreement to end the war will allow Iran to i<a href="https://www.wsj.com/world/middle-east/the-trump-iran-deal-allows-tehran-to-immediately-sell-oil-37a1ebe5?mod=WSJ_WNPOD">mmediately begin selling oil</a>. We hear from Journal national security reporter <a href="https://www.wsj.com/news/author/alexander-ward?mod=WSJ_WNPOD">Alex Ward</a> about the strategy behind this–and <a href="https://www.wsj.com/politics/policy/trump-iran-deal-conservatives-worried-58348d67?mod=WSJ_WNPOD">how it’s going over</a> with President Trump’s supporters. And WSJ Heard on the Street writer <a href="https://www.wsj.com/news/author/asa-fitch?mod=WSJ_WNPOD">Asa Fitch</a> discusses how Qualcomm has been <a href="https://www.wsj.com/tech/qualcomm-is-a-rare-ai-chip-value-play-3e09f70b?mod=WSJ_WNPOD">diversifying its business</a> to cash in on the AI boom. Alex Ossola hosts.

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