Good morning. On Fortune’s radar today:

• Wall Street is worried that Trump has no way out of the Gulf. 
• Markets: No news is good news.
• 😬 Wars are good for stocks, top analyst says. 
• Users pick AI models on price, not performance, Amazon CTO says.
• Reddit is taking ad dollars from LinkedIn, Pinterest, Snap, and X.
• Harry Styles is to blame for rising interest rates in Europe.

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This story was originally featured on Fortune.com