- In today’s CEO Daily: Qualcomm CEO on the future of AI-first devices.
- The big leadership story: The quiet engineer-CEO building Anduril, a $31 billion weapons startup
- The markets: A global rally is underway on reports of the U.S. and Iran nearing a peace deal.
- Plus: All the news and watercooler chat from Fortune .
Good morning. Fortune Editor-in-Chief Alyson Shontell writing from New York. I recently interviewed Qualcomm CEO Cristiano Amon for my podcast, Fortune 500: Titans and Disruptors of Industry. One big takeaway: Your phone may not be your most important device for much longer.