Good morning. On Fortune’s radar today: Nscale’s $35 billion IPO is heavily dependent on ByteDance. See Fortune’s 2026 Change the World list here. The U.S. semiconductor export bans did little to slow down China’s chip trade. Markets: A rare double-zero day. AI is creating so me jobs—at very small companies. For most people, the weekend is now only one day. Despite their complaints, Gen Z is richer than the Millennials, Gen X, or the Baby Boomers ever were. This story was originally featured on Fortune.com ...read more read less