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NYTIMES (Helen Shaw, Jesse Green, Alexis Soloski, Scott Heller, Elisabeth Vincentelli and Laura Collins-Hughes) - Tony Nominations Snubs and Surprises: Lea Michele Left Out, ‘Titaníque’ Shines

Lea Michele, Adrien Brody and other boldface names were left out, while June Squibb, André De Shields and Layton Williams as an iceberg were among the surprises.

NYTIMES (Amelia Nierenberg) - What We Know About ‘Project Freedom’ in the Strait of Hormuz

Violence flared in the waterway on Monday after President Trump said the United States would help guide stranded ships. It’s not clear exactly how the plan is working.

AXIOS (Madison Mills) - Jamie Dimon blesses the trillion-dollar AI capex boom

JPMorgan Chase CEO Jamie Dimon stood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar. Why it matters: With investors increasingly anxious about whether AI revenue can keep pace with spending, the head of the world's largest bank endorsed a capital expenditure wave projected to top $1 trillion next year. - The latest Big Tech earnings reports last week made clear that the massive buildout is propping up not only the stock market, but U.S. economic growth writ large. - "The technology is so powerful, it's worth the trillion-dollar investment," Dimon said at an Anthropic event unveiling new partnerships and AI agents tailored to financial services. Zoom in: Dimon and…

NYTIMES (Ben Casselman and Tony Romm) - The Federal Safety Net Isn’t Ready for Artificial Intelligence

As fears of A.I.-driven job losses mount, economists warn that unemployment benefits and other programs to help displaced workers aren’t sufficient.