Inside Home Depot’s $4.3 billion pivot toward the professional trade

• In today’s CEO Daily: Phil Wahba on Home Depot’s $4.3 billion acquisition of  GMS.
• The big story: Trump’s 50% tariff on copper is a real thing.
• The markets: Mostly up, especially Bitcoin.
• Analyst notes from Wedbush on Apple and Perplexity, and Pantheon and Bernstein on copper tariffs.
• Plus: All the news and watercooler chat from Fortune.

Good morning. The retail landscape is littered with failed M&A deals. Lowe’s spent...