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   $6 gas is here
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   Plus: Anthropic flirts with a $900 billion valuation.
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          Friday, May 1, 2026
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          California gas prices hit $6 a gallon. Is the rest of the U.S. next?
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          AAA data show California's statewide average for regular gasoline climbed to $6.01 per gallon on Thursday, a threshold not seen in the state since 
October 2023. The figure represents a 30% increase since the U.S. and Israel launched the war against Iran on Feb. 28.
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          No other state has ever surpassed the $6-a-gallon mark, according to Bloomberg. California prices remain below the all-time peak of $6.438 reached in June 2022.
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          Diesel has outpaced gasoline's rise. At roughly $7.50 a gallon on Thursday, California's diesel fuel costs have surged 47% since the Feb. 28 start of the conflict, according to CNBC. Local diesel has already set a record
above $7 a gallon, per Bloomberg.
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          The state's fuel supply chain is structurally more vulnerable than most of the country's. Unlike other major markets, California receives no pipeline deliveries from Gulf Coast refiners, and the permanent closure of two in-state refineries since October 2025 has stripped away roughly a fifth of local production capacity, according to Bloomberg.
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                   The Business Case for Learning a New Language
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                                 <!--[if mso]><a href="https://www.ne16.com/t/10682969/222404108/8255054/3/1009235/?f5d63f87=REIlMjAwNS0wMSUyMCUyOFVTJTI5&x=65894c28" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">Get 60% Off and Start Learning 
Now</a><![endif]-->
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           Today's Poll
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          <h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold">
           Is $6 gas a sign of things to come?
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border: 1px solid #105C8E; display: block; " target="_blank">
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
                           <!--[if 
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                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">
                            Yes. California is an early harbinger
                           </a>
                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10682969/222404108/9690233/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wMSUyMCUyOFVTJTI5&x=895c0944" 
target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Yes. California is an early harbinger</a><![endif]-->
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
                           <!--[if 
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                            No. The pain is unique to California
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                           <!--[if mso]><a href="https://www.ne16.com/t/10682969/222404108/9690234/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wMSUyMCUyOFVTJTI5&x=088a8d1b" 
target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">No. The pain is unique to California</a><![endif]-->
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                      <td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif" valign="middle">
                       <table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
                        <tbody>
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
                           <!--[if 
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                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">
                            Forget gas. Diesel is over $7?!
                           </a>
                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10682969/222404108/9690235/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wMSUyMCUyOFVTJTI5&x=83e1de9e" target="_blank" 
style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Forget gas. Diesel is over $7?!</a><![endif]-->
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           Here's what you need to know
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         </h1>
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             <a aria-label="Las Vegas Review-Journal / Getty Images" style="color:#105C8E" target="_blank" title="Las Vegas Review-Journal / Getty Images">
              <img alt="Las Vegas Review-Journal / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fapi%252Fmedia%252Ffile%252FGettyImages-2230144002.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzc2Mjk3MTcuNTUxMDc5NX0:1wIkh3:u7943FYcXNtZirKcv1LBpTGuJAaqgTEyiVlqkjwlma8" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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              <strong style="color:#105C8E">
               <a data-linktext="The U.S. economy expands 2% after a sluggish end to 2025." data-linktype="Normal" style="color:#105C8E" target="_blank">
                The U.S. economy expands 2% after a sluggish end to 2025.
               </a>
              </strong>
              First-quarter growth outpaced the 0.5% gain that closed 2025, bouncing back after the government shutdown. While consumer spending decelerated, 
government spending and exports rose. Businesses ramped up equipment spending by 10.4%.
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             <a aria-label="Michael Nagle / Bloomberg via Getty Images" style="color:#105C8E" target="_blank" title="Michael Nagle / Bloomberg via Getty 
Images">
              <img alt="Michael Nagle / Bloomberg via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fapi%252Fmedia%252Ffile%252FGettyImages-2272966808.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzc2Mjk3MTcuNTUxMTgxM30:1wIkh3:o-TVCc_61dHj3B4Xz6pq9xwg1QuPzp6Pj59aYZ40Jec" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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               <a data-linktext="Apple posted 
record revenue of $143.8 billion in fiscal Q1." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Apple posted record revenue of $143.8 billion in fiscal Q1.
               </a>
              </strong>
              iPhone and Services both reached all-time revenue highs of $85.3 billion and $30 billion, respectively, and diluted EPS rose 19% year over year to $2.84. Wearables, Home and Accessories, and Mac each posted marginal declines.
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             <a aria-label="NurPhoto / Getty Images" style="color:#105C8E" target="_blank" title="NurPhoto / Getty Images">
              <img alt="NurPhoto / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fapi%252Fmedia%252Ffile%252FGettyImages-2263730353.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzc2Mjk3MTcuNTUxMjgxfQ:1wIkh3:WBr-p1uii1l71keha2iLFYHsMvztng0gLlA_BRIl_no" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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             <div style="line-height: 1.4">
              <strong style="color:#105C8E">
               <a data-linktext="Eli Lilly's obesity drug posts 80% year-over-year growth." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Eli Lilly's obesity drug posts 80% year-over-year growth.
               </a>
              </strong>
              U.S. sales of Zepbound hit $4.16 billion, and worldwide sales of diabetes drug Mounjaro reached $8.66 billion, more
than doubling year over year. Revenue soared 56% to $19.8 billion. Sales revenue was not recorded for new oral pill Foundayo.
             </div>
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             <a aria-label="Justin Sullivan / Getty Images" style="color:#105C8E" target="_blank" title="Justin Sullivan / Getty Images">
              <img alt="Justin Sullivan / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fapi%252Fmedia%252Ffile%252FGettyImages-2273589354.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzc2Mjk3MTcuNTUxMzh9:1wIkh3:kFwfHxgy41I2Kfj3gWd4JkZLGyGRkzNT-kXJwv_etGk" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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              <strong style="color:#105C8E">
               <a data-linktext="U.S. jobless claims plunged to their lowest level since 
1969." data-linktype="Normal" style="color:#105C8E" target="_blank">
                U.S. jobless claims plunge to their lowest level since 1969.
               </a>
              </strong>
              Initial claims dropped by 26,000 from the week prior to 189,000, the fewest recorded in 56 years, according to the Associated Press. The number of people collecting benefits also fell by 23,000 to 1.785 million, the fewest in two years.
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