Your lawyer in the loop, with this morning's New York Minute. Anthropic's S-1, filed yesterday, October twenty-sixth, includes a Risk Factors section addressing potential existential harm from advanced AI. In Texas, the push to reuse produced water puts treatment, permitting and contractual rights at the center of its commercial value. Texas Pacific Land proposes moving from Delaware to Texas, citing legal predictability and litigation concerns. Shareholders vote November fifth. Our take: survival means managing risk. AI, water and corporate domicile demand informed human choices, shaped by science, contracts and state law. Boards remain accountable. We'll see you during the Evening Rush. Beth di Santo, signing off.