Amazon, Alphabet, Nvidia, Meta, Oracle and SpaceX, have issued a record $182 billion in investment-grade bonds so far in 2026. This marks a +1,300% increase from ~$13 billion over the same period in 2025. As a result, these 6 firms account for nearly 15% of total US [IG bond issuance]
The Treasury two-year yield climbed to its highest level in more than 16 months as renewed tensions in Iran pushed up oil prices, fanning speculation that the Federal Reserve will tighten policy to keep inflationary pressure in check
PARAMOUNT MAY BE ABOUT TO MOSTLY LEAVE CALIFORNIA Paramount $PSKY is considering moving its headquarters and reallocate much of its $30 billion in planned spending outside of California Paramount CEO David Ellison will reportedly make the move if California state Attorney
CENTCOM Completes Another Wave of Strikes Against Iran TAMPA, Fla. — U.S. Central Command (CENTCOM) completed a new wave of offensive strikes against Iran, July 12, hitting dozens of targets at multiple locations with precision munitions to degrade Iran's
Lindsey Graham said he was feeling unwell after calling Trump but refused to seek medical attention, joking, per Axios: "I can't die now. I still need to do the Russia sanctions, get Iran sorted out and do Israeli-Saudi normalization."
SK Hynix shares tumbled more than 10% in Seoul on Monday after the chipmaker's strong Nasdaq debut, as investors locked in profits and weighed whether surging demand for artificial intelligence memory chips justified the stock's sharp gains.
morpho ate 90% of the last 1,000 lending liquidation seizures june 26-jul 9. same permissionless rails that already broke 3x in a month: lazy summer 6m dai, an oracle-less muBOND market running for months, an 8.5m borrow on unbacked collateral. now robinhood earn's "insured" 7%
Moscow faced a second day of large-scale Ukrainian drone attacks, with officials reporting hundreds of UAVs flying toward the region and three fatalities in nearby districts
Xi Jinping will make his first appearance at China's flagship AI conference next week, signaling the growing importance Beijing attaches to the technology
Iran responded to a fresh wave of strikes from U.S. forces by launching an attack on American military bases in several Gulf states, deepening a standoff over the strategically vital Strait of Hormuz. The latest exchange casts further doubt over the future of the interim peace
The cost of power from natural gas-fired plants in the US hit the highest level in at least 17 years, and is poised to climb even higher as demand surges from new data centers
Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this week. For the first half of 2026, TSMC's total revenue reached 2.4 trillion new Taiwan dollars ($74.99 billion)
Citi today lowered its rating on the United Kingdom 🇬🇧 stock market down to Underweight from Overweight - Bloomberg "Although valuations remain attractive, the market's defensive and commodity-heavy composition is less appealing in an environment where earnings growth and market
Ukrainian forces hit seven Russian fuel tankers, five dry-cargo vessels and a batch of other ships in the Sea of Azov as Kyiv expands the scope of its maritime attacks in the area
A growing rift between the UAE and Saudi Arabia is splitting the Middle East's deepest pockets — and Wall Street is terrified of being caught in the crossfire.
ethereum dissolved its protocol support team, beiko monnot stark, the exact people who coordinated the merge, right as vitalik commits to a RISC-V rewrite with no dev consensus. the vacuum gets filled by bitmine and sharplink funded orgs whose balance sheets need ETH higher.
BREAKING: Former Iranian President Mahmoud Ahmadinejad is reportedly under house arrest after Iran uncovered his secret contacts with Israeli intelligence.
US Housing: 9 of the 20 major cities saw prices fall over the past year and the overall YoY increase is at its lowest level in 3 years. The most unaffordable housing market in history is cooling.
Richard Sutton; Khurram Javed; new AGI startup; broke away from Keen Technologies (John Carmack); 'slightly different path toward understanding intelligence'
Richard Sutton forms a new AGI startup?! 👀 [QT @RichardSSutton: I can't say enough good things about John Carmack @ID_AA_Carmack and his Keen Technologies. But now Khurram Javed @kjaved_ and I have broken away to start our own startup and pursue a slightly different path toward understanding intelligence. Like Keen (and like Ineffable) we at]
President Trump said on social media that Iranian ships will no longer be able to travel through the strait and America would charge a 20% toll on eligible cargo, as the conflict with Iran has intensified after peace talks failed to deliver meaningful progress.
July rate hike probability ~45-50% (up from 35%); core inflation 'quite broad'; 'FOMC may need to consider near-term rate hikes'; tariffs + energy + AI demand driving inflation
Oh boy we are not priced for near term rate hikes at all [QT @tradfi: *WALLER: RECENT INCREASES IN CORE INFLATION ARE QUITE BROAD *FED'S WALLER: FOMC MAY NEED TO CONSIDER NEAR-TERM RATE HIKES]
BREAKING: A U.S. judge has voided President Donald Trump's settlement with the IRS that gave him and his companies sweeping tax protections, per Reuters
OpenAI spent $6.5B to kill the iPhone. Apple went to court. Apple doesn't need a verdict to win. Every month OpenAI spends in depositions is a month it isn't shipping the device meant to replace the iPhone, and the trial could take years.
U.S. Forces to Resume Naval Blockade Against Iran TAMPA, Fla. — At the Commander in Chief's direction, U.S. Central Command (CENTCOM) forces will resume blockading maritime traffic entering and exiting Iranian ports on July 14 at 4 p.m. ET.
President Donald Trump is suggesting he has left standing orders for the U.S. military to destroy Iran "at levels they've never seen before" if Tehran follows through on its long-standing threats to kill him.
Computer use in Codex got very good on PC. Asking it to do something on your computer and having the cursor move under the control of a ghost is one of the things that makes you viscerally realize how much work can be done by a disembodied intelligence with a mouse & keyboard.
Trump administration and the AI industry have been discussing a framework to streamline US open-source models to market based on the capability ceiling of leading Chinese models - WaPo
TRADERS WATCH OUT FOR THIS COMING TOMORROW MORNING The Leveraged and Inverse single stock ETFs on SK Hynix $SKHY stock will begin trading tomorrow at 4AM ET ... here are the tickers to watch out for: $SKHX - 2x Long SK Hynix ETF $SKHZ - 1x Short SK Hynix ETF
"In this country, no one is above the law," California AG Bonta said. "California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy."
Brown-Forman CEO Lawson Whiting is planning to step down, as the Jack Daniel's maker seeks to move past a slowdown in alcohol sales and unfruitful deal talks
BREAKING: President Trump has formally notified US Congress that the US is at war with Iran, per Politico. Details include: 1. The move gives Trump another 60 days to use the military in the region without congressional approval 2. Trump said strikes that began on July 7th
At 4:45 p.m. ET today, U.S. Central Command began launching the third consecutive night of strikes against Iran, at the Commander in Chief's direction. These strikes will continue imposing a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and
BREAKING: Iranian state media says the Iranian Army has begun targeting US military facilities and equipment in Kuwait. The Iranian Army has confirmed these reports, stating that US assets and vessels were targeted.
Crypto funds are showing their first signs of a recovery: Crypto ETFs attracted +$281.8 million in inflows last week, the first weekly inflow since the 2nd week of May. Bitcoin funds posted +$197.4 million in inflows, while Ethereum funds attracted +$84.4 million.
Uber becoming Decels was not on my bingo card [QT @ethanmckanna: Uber is doing everything they can to slow down autonomous vehicles. This is absolutely absurd and will cost lives. They want autonomous vehicle services to have human drivers serve 85 percent of rides???]
An airport lounge — without the security screening or boarding pass. Credit card companies American Express and Chase are increasingly waging their luxury lounge wars outside the airport. From an air-conditioned retreat in the middle of the desert at Coachella to an exclusive
$ MSTR bought at 125k and the price did what? [QT @Truenorthclips: $MSTR sold $215 million of $BTC. $BTC went up. Average sale price around 59-60k. Monday morning $BTC opened at $64k. They didn't need to sell. They chose to sell. To book a tax loss. To strengthen the balance sheet. To demonstrate optionality. And the market responded by]
Volatility in Semis — "Semiconductor stocks have moved 3% up or down 15 times in the last 30 trading days. This hasn't occurred since the Dot Com Bubble" Source: BTIG
Come by today for @WebX_Asia at 11:25am at the CYRL Stage at the Prince Park Tower Tokyo 🇯🇵 I will be speaking about the "Uncanny Valley of Wealth" PS: keep an eye 👁️ on $ETH / $BTC ratio. Signal of a revival of crypto
The Philippine peso's relief rally following the initial US-Iran ceasefire is likely to be short-lived as seasonal selling drives the currency to new record lows, strategists say
Chinese innovation at its finest [QT @ZackKorman: Zai, the Chinese lab that made GLM-5.2, has a harness (Zcode) that is identical to Codex. China really not beating the copying allegations.]
[QT @michaeljburry: This is true as I have heard this from contacts in the Valley. Goes with my pinned post. The AI race is shifting from bigger models to cheaper, smarter systems]
Nippon Paint Holdings Co. has made multiple offers for Akzo Nobel NV's decorative paints business in the past month, according to people with knowledge of the matter.
Yuji Tachikawa, one of the most respected mathematical physicists in the world, reports that Fable solved a problem that he and his collaborators were stuck on.
Steve Mandel of Lone Pine was making a similar point, that there were fewer players doing true price discovery on assets 3-5 years out, which advantages those who still play that game. Well, turns out, the water's warm, and Ken Griffin is wading in.
India rejected a quick trade agreement with the US in recent talks and is holding out for a better deal as Prime Minister Narendra Modi draws confidence from new trading partners, eased economic risks and political gains at home, officials and analysts said.
While easing tensions in the Iran war are calming crude prices, Ukrainian attacks on Russian refineries mean gasoline and diesel costs remain elevated, writes @JavierBlas #OOTT
The world's most-envied retirement plan has another high-profile booster: President Donald Trump. Riding high off public enthusiasm for the Trump Accounts for children, Trump last week renewed his focus on their parents and grandparents. And he said he's looking to Australia's
Capital Group, BlackRock, Fidelity and Goldman are among key investors that participated in the anchor book of SBI Funds, which was subscribed more than 20 times before the company's initial public offering, according to sources
Hyundai Motor workers begin a three-day partial strike as their union demands bigger bonuses following landmark deals at semiconductor companies, and seek guarantees jobs won't be lost to AI and robots
A new, Beijing-backed mining investment vehicle is aimed at bolstering China's grip on overseas resources, as the country pushes back against US and European efforts to curb its dominance of the mineral supply chain
The US has advised its citizens to avoid all travel to the Democratic Republic of Congo because of Ebola after a second American aid worker was infected while responding to the country's escalating outbreak
China's crude imports look set to recover from a months-long slump as the country relaxes fuel export curbs, raises run rates and snaps up prompt Middle East supplies
South Africa plans to increase its strategic oil reserves for the first time since the apartheid government stockpiled crude, adding to measures across the continent to mitigate supply shocks
Did Big G cook?? [QT @RoundtableSpace: Gemini 3.5 Pro benchmark leak just dropped and the numbers are turning heads. > Reportedly outperforming Claude Fable 5 and GPT-5.6 in internal evals > Significant zero-shot performance improvements over 3.1 Pro > Currently in private validation and testing - Public rollout]
Foreign investors poured more than $1 billion into Indian equities last week, with Goldman Sachs predicting further inflows as a stable rupee and improved earnings expectations prompt funds to add to their holdings
The DOJ launched a grand jury investigation into allegations that the head of the United Auto Workers pressured another high-ranking union official to secure benefits for his fiancée and her sister
A steady stream of ships have passed through the Strait of Hormuz in secret in recent days, while observable traffic has dwindled, following the resumption of fighting between the US and Iran
Hungarian lawmakers are set to oust the Viktor Orban-allied president as Prime Minister Peter Magyar seeks a clean break from his nationalist predecessor
zec round-tripped $247 to $514 pricing the fix as finished, but the tachyon formal verification proof was still 'nearing completion' july 7. ironwood is deployed, the proof that no undetectable counterfeiting exists is not published. the entire re-rating rode 3 announcement-stage
France unemployment; highest since 2019; eurozone second-largest economy fragility
French unemployment is forecast to reach its highest level since 2019, raising fresh concerns over the fragility of the euro area's second largest economy
South Korea; record semiconductor tax windfall; AI-driven; President Lee Jae Myung; fiscal firepower
South Korea expects to reap a record tax windfall from the AI-driven semiconductor boom, giving President Lee Jae Myung's government fresh fiscal firepower to fund an ambitious investment agenda
Thinking Machines is extremely e/acc in its vision. [QT @miramurati: Human values don't average out. Local knowledge can't be centralized. The good future has many AIs, raised in different places, shaped by the people they serve, disagreeing with each other the way we do.]
Stellantis; Q2 shipments +10% YoY; North America growth driver; Jeep + Ram turnaround
Stellantis shipments climbed 10% in the second quarter fueled by growth in North America, as the maker of Jeep sport utility vehicles and Ram pickup trucks pushes on with a turnaround plan
Chinese solar wafer maker TCL Zhonghuan has purchased a majority stake in smaller rival DAS Solar, the latest sign of consolidation in an industry wrought by overcapacity and a persistent supply glut
Elon vs China 15 years in the making [QT @elonmusk: SpaceX has Boeing, Lockheed, Europe (Ariane) and Russia (Proton/Soyuz) near checkmate in rocket technology. End game is all about China.]
US stocks beyond the technology giants are poised to report strong earnings this season, broadening the equity rally, according to Morgan Stanley strategists
It's a privilege that I step into the role of KOR's CEO. We're building the clearinghouse for talent in the AI economy: the system that lets artists get discovered, matched to the right label or agency, and paid the moment a deal lands. AI has made it possible for anyone to
TCS is hiring 8,900 people to defend against AI. The tool it's building replaces the exact billable hours its business sells. It added 9,279 workers and grew revenue 14% doing it, betting AI creates jobs faster than it deletes them.
Unitree Sincerely Invites You to Join the UniBot World Challenge 🥳 The competition focuses on overcoming the real-world generalization challenges of embodied AI foundation models, bringing together leading teams from around the world to drive continuous advances in single-model
The Federal Reserve's top bank cop warned the Financial Stability Board against enforcing "strict rules" that are not suitable for a diverse group of countries
The stock market seen benefiting most from the AI boom is experiencing the greatest volatility since the height of 1998 Asian financial crisis: Here is your Evening Briefing.
Nigeria crude output 1.56M bpd June 2026; highest since April 2020; NUPRC
尼日利亚产量恢复为全球原油供应增添缓冲，部分对冲伊朗-霍尔木兹紧张局势造成的供应风险溢价。
Nigeria's crude oil production rose to a daily average rate of 1.56 million barrels a day in June, the highest for any month since April 2020, the Nigerian Upstream Petroleum Regulatory Commission said
Citi today raised its price target on Apple $AAPL up to $365 from $315 while maintaining its Buy rating Citi remains constructive on Apple shares into the earnings report. The company should continue gaining market share
French President Emmanuel Macron urged European Union allies to pursue more joint defense projects as he sought to turn the page on a failed partnership with Germany to build a new fighter jet
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman was appointed minister of industry and mineral resources in addition to his current post, signaling an expanded role for the royal and closer integration of the two sectors
jito ships JTX spot-only tomorrow and the 80% fee buyback is being priced like it's the catalyst. modeled buyback tops out $30m/yr against $96-128m emissions plus 11.3m JTO unlocking monthly. the half that closes that gap is perps via phoenix, no date attached. you're buying the
So instead their plan is to threaten to remove their only competing product every week [QT @_xjdr: ive spent a lot of time testing new models over the last few weeks and im genuinely curious what anthropic is going to do . there is absolutely no reason at this point to use sonnet or opus (with the gpt 5.6 family as the latest releases there are now _many_ much better and much]
A day after making an investment call tied to subsiding Middle East tensions, BCA Research's Marko Papic had to scrap his recommendation at a loss. Donald Trump had said the war in Iran was back on
Safety agencies in the US and Europe have begun investigating what led to the near-catastrophic incident during a Ryanair flight from Greece to Germany, during which a window came dislodged and threatened to suck out a passenger
The former head of the UK Foreign Office, who was fired by Keir Starmer in the row over Peter Mandelson's links to Jeffrey Epstein, has submitted a legal challenge against the government
Polish Prime Minister Donald Tusk's ruling party is losing ground in polls a year before elections, following uproar over how much doctors' salaries are eating up from the strained healthcare budget
Russian President Vladimir Putin ordered stakes in three Russian companies owned by Dutch paints and coatings maker Akzo Nobel transferred to temporary administration.
Michael Saylor's Strategy raised about $467 million through the sale of common stock, lifting its cash reserve to roughly $3 billion while refraining from buying or selling Bitcoin.
For years, banks watched stablecoins evolve from a niche cryptocurrency product into a payments network. Now they're dusting off the same collaborative playbook that produced Zelle, betting shared infrastructure is the best way to push back.
Watches of Switzerland Group shares jumped after Reuters reported without identifying the potential suitors that Britain's largest Rolex reseller held talks in recent months over offers to take it private
Brazil plans to open its uranium mining sector to private investment by allowing partnerships with companies, provided the state-owned nuclear company retains at least a 20% stake in each venture, according to a draft seen by Bloomberg
German Chancellor Friedrich Merz reinforced a call for dialogue with China to address concerns that the world's second-largest economy is shoring up an unfair trade advantage by keeping its currency artificially low
JD Vance and the terrible, horrible, no good, very bad week. His "understanding" with Iran is in tatters, and Trump has diverged from him on arming Ukraine, writes Allysia Finley
Low water levels in a current heatwave are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany, increasing costs for freight transport, commodity traders said on Monday.
GPT-5.6; Cursor; Blender MCP; realistic 3D render; zero prior Blender experience; @gdb endorsed
此案例展示AI编程助手结合MCP工具链的代理能力已可跨越专业3D建模软件壁垒，专业技术门槛被实时抹平。Brockman以"you can just create things"一句高度概括，暗示这类多工具代理场景是下一阶段平台竞争的核心叙事。
you can just create things [QT @Star_Knight12: just asked gpt-5.6 sol in cursor to set up blender mcp and make me a realistic floating macbook, then render the whole thing. never opened blender once in my life before today.]
Claude just bought Microsoft $MSFT stock in the Rallies AI Arena [QT @ralliesarena: CLAUDE JUST BOUGHT MICROSOFT $MSFT STOCK We gave Claude $100K in the stock market back in late November That $100K is currently worth $119.5K beating the S&P 500 by ~8% Claude just bought a starter position in Microsoft stock calling the name "Buying MSFT – cheapest mega-cap"]
$APP getting hit this morning on a BofA note saying there hasn't been a noticeable uptick yet in pixel installs from the GA launch 2 weeks ago. Obviously it's still very early, not to mention its the middle of the summertime... not exactly the best time for a new product launch.
The tear in the inner wall of the aorta, called an aortic dissection, was related to the hardening of Sen. Lindsey Graham's arteries. An official cause of death will be disclosed after toxicological and microscopic testing.
GPT 5.6 Sol; ChatGPT Go/Plus/Pro subscriptions retained; Sam Altman confirmation; 'at least until we ship an even better model'
此前外界担忧高性能模型会被移出低价订阅计划，奥特曼以"clarity is nice"简短转发终结疑虑，表态具体且无歧义，稳定订阅用户预期并对竞品形成定价压力。
clarity is nice [QT @thsottiaux: Rest assured that GPT 5.6 Sol will stay in the ChatGPT subscription you pay for. Including Go, Plus and Pro subscriptions. At least until we ship an even better model.]
My biggest takeaways from @noamseg, diving into the results of our large-scale survey of tech workers in 2026: 1. The #1 fear in tech right now is not losing your job to AI—it's being squeezed to do more work for the same pay.
Delta Air Lines CEO Ed Bastian says oil prices will stay 'sticky for longer,' but the carrier will still do 'just fine.' He says there is still strong demand for premium and international travel
Darline Graham Nordone; interim senator South Carolina; through end of 2026; Trump recommendation following Graham's death Saturday July 12
President Donald Trump on Monday urged South Carolina's governor to appoint late Sen. Lindsey Graham's sister, Darline Graham Nordone, to fill his Senate seat through the rest of the year. Graham, 71, died unexpectedly on Saturday, leaving an opening for the seat through the end
bitmine needs ~260k more ETH to hit its 5% target, weeks away at current pace. the trade isn't the accumulation, it's the pause after. saylor just ran the exact sequence on BTC: hit the mark, stop buying, sell shares, hoard cash. $235m/yr staking funds the flywheel until it
Yann LeCun raised $1B in March. This fund lasted 8 hours. A new firm named him a partner Friday morning, listed 29 investments, then went dark by night. LeCun withdrew, the site came back stripped of names, and nobody has explained the SEC filing no one can find.
$USELESS is literally the only established memecoin to have put in back-to-back double-digit days over the past month despite: • the $ANSEM launch and its liquidity black hole • the massive Robinhood chain liquidity black hole • several hyped BNB chain memecoins draining
Waller defends the Fed's inflation target, even though he pushes back on the idea of a precise number versus a range. Says a broad measure would hurt transparency "Inflation becomes like pornography. I can't define it, I can't measure it, but I know it when I see it."
Thank you to the 7M active users who are now using Codex and ChatGPT Work. We have added a banked reset to everyone's account to celebrate the milestone. Have fun out there.
The SaaS bloodbath has been beyond brutal. Wix for more than any other. This company is doing $2.1BN in ARR and they are valued at $2.1BN. Like WTF. And, they have Base44, one of the leaders in vibe coding, now doing over $170M in ARR. What is going on?
Good time to fill up your car gas tank [QT @GasBuddyGuy: filling up sooner rather than later may save you some cash- gasoline spot prices are up 12-15c/gal, diesel spots up 21-23c/gal. this will push the national average close to $4/gal in the next couple weeks as retailers start passing these increases along soon]
Intel is investing €5 billion in our Leixlip campus, building on nearly 37 years of innovation and manufacturing excellence in Ireland. The project will create approximately 2,000 construction jobs, and add permanent high-tech roles, and further strengthen one of Europe's
Morgan Stanley note on CPO today. Key participants include: - $SIVE, $COHR, and $LITE in laser supply - Broadcom and Nvidia in switch platforms - Lightmatter, Ayar Labs, Marvell/Celestial, and POET in optical engines and photonics, - $TSM, $GFS, and $TSEM in silicon photonics
Shawn Fain; UAW president re-election; credible challenge; former ally union VP
Shawn Fain has enjoyed successes as UAW president, but his path to re-election is complicated by a credible challenge from a union VP who was once an ally
BitMine $BMNR; Tom Lee chairman; Robinhood Chain L2 mainnet; July 1 2026 launch; Arbitrum; 'biggest crypto success stories in 2026'
Tom Lee同时身为BitMine董事长，该公司已将ETH定为主要储备资产，其高调背书Robinhood L2进一步强化了机构资本向以太坊Layer 2聚集的叙事。Robinhood链上线仅两周便获传统金融机构高管公开认可，暗示DeFi与传统零售券商的生态融合正在加速落地。
BITMINE $BMNR CHAIRMAN TOM LEE: "ONE OF THE BIGGEST CRYPTO SUCCESS STORIES IN 2026 IS THE BREAKAWAY SUCCESS OF THE ROBINHOOD CHAIN L2 MAINNET ON JULY 1, BUILT ON ARBITRUM,"
El Niño could cut Brazil's expected record harvest by up to a fifth, according to the Brazilian Coffee Industry Association (Abic), as excessive heat and irregular rainfall threaten production.
EU imports of palm oil derivatives will face the bloc's anti-deforestation rules from December 2027, while leather will be exempted from the law, the European Commission said on Monday.
10 days to go. Join AMD Chair and CEO Dr. Lisa Su and leaders from across the AI ecosystem as they share the technologies, innovations and ideas shaping what's next in AI. Watch the #AdvancingAI 2026 keynote live on July 23.
The power-generation unit of Argentina's state-run energy firm YPF has filed for a US IPO, joining a growing pipeline of Argentine companies seeking New York listings.
How did Canada resolve Trump's grievances over the Gordie Howe International Bridge? The devil is in the details, and no one is publishing the details. Read More in the Canada Daily newsletter.