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# Evening Scan
- URL: https://adjacent.media/scan/2026-05-22-pm/
- Published: 2026-05-22T23:08:52.000Z
- Updated: 2026-05-22T23:08:53.000Z
- Description: Trump’s AI executive order was supposed to drop this week. Instead, late calls with Musk, Zuckerberg, and Sacks sent it back to the drawer. Elsewhere, the week’s actual market moves were quieter—and more interesting—than the drama.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

Trump's AI executive order was supposed to drop this week. Instead, late calls with Musk, Zuckerberg, and Sacks sent it back to the drawer. Elsewhere, the week's actual market moves were quieter—and more interesting—than the drama.

> **479%** — Lenovo's Q4 net profit growth year-over-year, to $521M, as AI server demand did what PC demand alone never could. *(Reuters)*

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#### [Spotify Closes Up 13% on 2030 Guidance](https://www.cnbc.com/2026/05/21/spotify-spot-stock-guidance-investor-day-ai.html?ref=adjacent.media)

Mid-teens CAGR and 35–40% gross margins by 2030 is the kind of investor day slide deck that actually works. *(CNBC)*

#### [Bungie Plans Layoffs as Destiny 2 Ends](https://www.bloomberg.com/news/articles/2026-05-21/bungie-plans-layoffs-after-ending-destiny-2-development?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3OTQwNTI3OSwiZXhwIjoxNzgwMDEwMDc5LCJhcnRpY2xlSWQiOiJURkVUVjJLSUpIOTIwMCIsImJjb25uZWN0SWQiOiJCMUVBQkI5NjQ2QUM0REZFQTJBRkI4MjI1MzgyQTJFQSJ9.atbS1PFknTC7XBSdrUHEMV1jz4pw1lfmIX0rGjUFbRs&ref=adjacent.media)

Sony's $3.6B Bungie bet is deteriorating—the studio is winding down its only franchise with no new projects lined up. *(Bloomberg)*