Good morning. On Fortune’s radar today:
- Iran war raised shipping prices globally.
- AI stocks are in an “air pocket,” Dan Ives says.
- Markets: broadly up—correction incoming?
- Too hot to work: Europe’s heat crisis has a $638 billion price tag .
- AI is causing inflation, just look at these charts.
- Mass cheating scandal shows willingness of students to behave like “idiots,” Brown University professor says .