Good morning. On Fortune’s radar today:

  • EXCLUSIVE: Bill Ackman talks to Fortune about his war against socialism.
  • Markets: Ignore the bombs, look at the numbers.
  • Peace plan would give Iran control of the Strait of Hormuz.
  • Wall Street is skeptical about Trump’s new tariffs on Canada.
  • Anduril working with D-Wave Quantum on missile shields.
  • Incoming: El Niño supply shock.
  • Inside KitKat’s stolen chocolate caper

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This story was originally featured on Fortune.com

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