Today on C2 Business, Nvidia becomes the most valuable public company, surging 3.5% past Microsoft. Steve Cohen plans a $1 billion AI-focused hedge fund launch. La-Z-Boy stocks soar 19%, Six Flags-Cedar Fair merger finalized. Surgeon General urges social media warning labels for mental health. Adobe faces lawsuit over subscription termination practices. McDonald’s ends AI drive-thru partnership with IBM.

Bulletin Brief

S&P 500 climbs to another record close Tuesday as Nvidia’s market cap tops Microsoft (NBC)

Why I’m calling for a warning label on social media platforms (NYT)

US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel (Reuters)

McDonald’s is ending its test run of AI-powered drive-thrus with IBM (AP)