In U.S.-Canada trade war, Trump says they are ‘the worst’ and Canada’s top trade envoy tells him to ‘kiss my ass’

Good morning. On Fortune’s radar today:

• Oh, Canada: trade talks collapse, 90,000 jobs at risk.
• Scott Bessent declines to say the words “China” or “Russia.” 
• Markets: Hello, Bitcoin!
• Nvidia stock can’t get no respect.
• The vertical inflection point of AI compute.
• OnlyFans reports its most recent fiscal year.
• Jeff Bezos wants to be a member of the Indian Creek Country Club—but they won’t let him in.

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This story was originally featured on Fortune.com