I think the potential of Agenic is to rethink how work gets done overall.

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

Join him later to learn why agents are a game changer for businesses across industries.

Here's your midday brief for Friday, June 5th. I'm Anthony Bansy for the Wall Street Journal.

The Labor Department reported that the United States added 172,000 jobs in May.

Strong hiring and leisure, hospitality, and local government drove the gains.

And the unemployment rate held steady at 4.3% in line with economist expectations.

Despite uncertainties around the Iran War, inflation, trade, and artificial intelligence,

the report suggests the U.S. labor market is recovering

from its weakness this past fall and winter. With hiring remaining healthy alongside rising

inflation, traders are increasing their bets that the Federal Reserve will raise interest rates

by the end of the year. Lulu Lemon shares fell about 8% to their lowest level since 2018. The athletic clothing

company reported a quarterly decline in U.S. sales. It also cut its outlook for the year.

Executives say some of the product launches have fallen short of expectations. And the

journal has learned that Morgan Stanley analysts are projecting SpaceX's revenue could

reach $3.4 trillion by 2040.

Last year, SpaceX's revenue came to $18.7 billion.

Morgan Stanley's projection was shared with top investors to support the $1.8 trillion

valuation Elon Musk's rocket maker is targeting for its blockbuster IPO.

Investment bankers at Morgan Stanley snagged one of the top two roles out of the 21 banks on

SpaceX's IPO IPO. SpaceX is aiming to raise about $75 billion next week in what is expected

...