Legal & Regulatory
Meta’s Own Retention Study Is the States’ Best Evidence in a $1.4 Trillion Trial
The most damaging document in the case that opened against Meta this week in…
Author: Scott Allan
Author: <span>Scott Allan</span>
AI
Spirit Airlines’ Email Archive Sold to Google for $10 Million in Bankruptcy Court
Spirit Airlines spent two decades teaching Americans that a plane ticket could cost less…
Business
Walmart Raised Guidance on a $2.9 Billion Refund It Has Not Received Yet
Walmart beat on revenue, beat on earnings, raised its full-year outlook, and watched its…
AI
Nvidia Will Backstop $105 Billion So OpenAI Can Rent the Chips Nvidia Sells It
Nvidia said on Monday it will guarantee up to $105 billion in financing for…
AI Policy
OpenAI Shipped a Teen Version of ChatGPT Because the Lawsuits Got There First
OpenAI launched ChatGPT for Teens on Tuesday, a separate experience for users aged 13…
Analysis
The 30-Year Treasury Hit a 19-Year High. Korea’s Chip Stocks Paid for It.
The yield on the 30-year US Treasury bond pushed past 5.33% on Tuesday, its…
AI
Baidu’s GPU Cloud Grew 283% and Revenue Still Fell 4%, Which Is the Whole Problem
Baidu reported second-quarter revenue of RMB 31.3 billion on Tuesday, down 4% from a…
Business
Home Depot Beat on $47.9 Billion and Still Refused to Raise Guidance, One Day Before 50% Canadian Tariffs Land
Home Depot cleared the bar on Tuesday morning and then declined to move it.…
Energy
Oil Pushes Past $90 as Trump Lets the Iran Ceasefire Lapse and Hormuz Stays Shut
The 60-day US-Iran ceasefire expired on Monday with nothing to replace it, and the…
Legal & Regulatory
Prediction Markets Got Federal Legitimacy Before They Got an Insider Trading Rule
Kalshi and Polymarket cleared roughly $44.8 billion in combined trading volume in June, and…