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7/31
10:43
Apple has introduced a new "Apple Upgrade" program, a hardware leasing agreement that replaces its previous purchase program. The new scheme allows consumers to lease iPhones and other Apple products for 12 or 24 months (Apple Watches for 24 or 36 months) with lower monthly payments. The program, facilitated by buy-now-pay-later company Klarna, includes an option to upgrade, return, or purchase the device at the end of the lease term via a residual payment.

However, entry-level products such as the iPhone 16, iPhone 16 Plus, Apple Watch SE, MacBook Neo, Mac mini, iPad (A16), and Studio Display are not available through this program. For example, an iPhone 17 Pro 256GB (purchase price $1,099) could be leased for $31.99 per month over 24 months or $45.99 per month over 12 months, excluding taxes and trade-in credit.
10:43
Rivian (NASDAQ: RIVN) stock has fallen 87% since its initial public offering (IPO) on November 10, 2021. The electric vehicle company recently reported delivering 12,194 vehicles in the second quarter, with a full-year outlook of 65,000 to 70,000 units. In Q2, Rivian's revenue rose 27% to $1.66 billion, though it posted a loss of $837 million. Earlier this year, the company raised approximately $1.3 billion through a follow-on equity offering of 86.25 million Class A shares.
10:42
According to data from the U.S. Department of Labor, the Employment Cost Index (ECI) rose 0.9% quarter-over-quarter in the second quarter, slightly exceeding the 0.8% increase expected by economists surveyed by Reuters and matching the first quarter’s gain. Within this, wages and salaries in the private sector rose 0.9%, up from 0.7% in the first quarter.

Despite the rise in labor costs, the report noted that this trend indicates the labor market is not a major driver of inflation. Wage growth was particularly strong in goods-producing industries, with wages in the construction sector rebounding by 1.5% and those in manufacturing rising by 1.0%.

Following the release of the data, U.S. stock markets opened higher, the U.S. dollar strengthened against a basket of currencies, and U.S. Treasury yields rose, with the 30-year Treasury yield approaching a 19-year high.
10:42
Silver, a key component in AI data center infrastructure, has seen its price fall to approximately $58 per ounce. This marks a significant decline from its peak of over $115 per ounce reached in January 2026, which followed a rapid ascent from about $29 per ounce in April 2025. The earlier surge was driven by growing demand for silver in server connections, thermal paste, and high-frequency connectors for the massive AI data center build-out. Despite continued rising demand and constrained mining supply, the price has now halved from its peak.
10:38
Thomas Brunner of Sygnum stated that the current 43-day queue for Ethereum staking is primarily a reflection of underlying system mechanics, rather than solely indicating new demand from investors.
10:37
London-based AI video platform Synthesia, co-founded by CEO Victor Riparbelli in 2017, has achieved a valuation of $4 billion following a $200 million fundraising round announced in January. The company initially aimed to enable users to "make a Hollywood film from a laptop" but struggled to gain traction, with over 100 investors initially rejecting the idea. Mark Cuban invested $1 million in 2017, valuing the company at $5 million.

After four years of middling results, Synthesia pivoted its business model around 2020-2021, shifting its focus from film studios to providing AI video tools for enterprise clients, including training videos and presentations with AI avatars. This strategic change led to rapid growth, with the company now serving over 60,000 enterprise customers globally, including PepsiCo, Mondelez, and Heineken.
10:37
On July 25, Blackstone Inc., KKR & Co. Inc., and Canada’s Brookfield formed a $16 billion infrastructure joint venture to acquire a 49% minority stake in Kuwait’s domestic and export crude oil pipeline network. This 20.5-year lease-back agreement represents the largest foreign direct investment in Kuwait’s history and covers 13 core pipelines spanning approximately 320 kilometers. Kuwait Petroleum Corporation will retain a 51% controlling stake and exclusive operating rights, while the investor consortium will receive volume-based toll payments to ensure a stable cash flow. The agreement generated an immediate upfront gain of $7.85 billion for Kuwait Petroleum Corporation and directly supports Kuwait’s goal of increasing oil production capacity to 4 million barrels per day by 2035.
10:26
Jeff Baker, CoreWeave (NASDAQ:CRWV) principal accounting officer, reported selling 6,455 shares of Class A Common Stock on July 29, 2026. The transaction, valued at approximately $430,000 based on a weighted average sale price of $66.51 per share, was non-discretionary and executed solely to cover tax withholding obligations related to the vesting of restricted stock units (RSUs). Following the sale, Baker retains direct ownership of 7,167 shares and holds 100,000 derivative securities.
10:26
Meta Platforms reported its second-quarter earnings, with earnings per share (EPS) of $6.18—14% below the market consensus estimate of $7.22—ending a streak of six consecutive quarters of outperforming expectations. The financial report showed that the company’s free cash flow plummeted 91.31% year-over-year to $784 million, while capital expenditures surged 82.1% to $30.12 billion in the second quarter. Additionally, the operating margin contracted from 43% to 31%, and net income declined by 13.57%. The company’s revenue rose 27.96% year-over-year to $60.8 billion, with advertising revenue growing 27% to $59.36 billion. Meta narrowed its full-year capital expenditure guidance to $130–145 billion and raised its full-year expense guidance to $165–169 billion. Following the earnings release, Meta’s stock price has fallen 6.63% over the past week and is down 11.13% year-to-date.
10:16
Investment management company Vulcan Value Partners stated in its Q2 2026 investor letter that Google Cloud has become the primary valuation driver for Alphabet (GOOG), now representing roughly 40% of its value for the company. The firm highlighted Google Cloud's accelerated revenue growth of 63% and margin expansion to 33% in Q1 2026, along with a 5X year-over-year backlog growth.
10:15
In its second-quarter 2026 investor letter, investment management firm Vulcan Value Partners stated that Genpact Limited (NYSE:G) is undervalued amid the AI disruption. The firm believes that Genpact’s deep insights into business processes and its early success in deploying AI solutions for enterprise clients make it a valuable partner, noting that the complexity of integrating AI tools actually increases the demand for Genpact’s resources.
10:13
The European Central Bank (ECB) has announced that its planned digital euro app will exceed existing EU accessibility standards. The app is envisioned as one of multiple avenues for users to access fundamental digital euro services.
10:13
AMLBot, a blockchain forensics company, has announced the launch of its AI Tracer tool. The tool is designed to help users without specialized knowledge conduct self-guided blockchain investigations and track the flow of digital assets, even if they have been stolen.
10:13
An additional 96,990,000 units of the stablecoin USDC were issued on-chain, with a value of approximately $96,990,000.
10:12
On-chain analytics firm Lookonchain reported that crypto trader Machi (@machibigbrother) was liquidated three times as the market experienced a downturn. His account balance has now fallen below $100,000 again, with the new liquidation price for his position set at $1,843.4.
10:12
On-chain data tracker Lookonchain reported that crypto trader James Wynn was liquidated for the second time today.
10:09
Bitcoin and Ethereum prices retreated on Friday morning, July 31, 2026, after a strong opening. Bitcoin, which opened 1.3% higher than Thursday, fell to $63,652.09, while Ethereum, up 0.4% at open, dropped to $1,877.52. This pullback occurred after a pause in U.S. airstrikes in Iran overnight. Analysts continue to anticipate a potential interest rate hike this year, citing the ongoing closure of the Strait of Hormuz and elevated energy costs.
10:02
The Federal Reserve Board has requested public comment on a proposal to modernize its Regulation O, which governs the extension of credit to bank 'insiders' including executives, board members, and major shareholders. The proposal aims to update outdated thresholds, index them to economic growth, and maintain safeguards against preferential treatment. This update, the first comprehensive one since 1979, seeks to simplify the rule and support community banks in recruiting experienced leaders.
10:02
On Friday, July 31, the Federal Reserve Board issued a proposal aimed at modernizing the regulatory rules governing mutual banks and sought public comment on the matter. These institutions are owned by depositors rather than shareholders, and most are small in terms of asset size. The current rules, which have not been updated since 1993, have become cumbersome and complex. The proposal aims to update the regulatory framework, increase mutual banks’ flexibility in raising capital, clarify regulatory capital instruments, and reduce procedural burdens to help them better serve their communities. The public may submit comments within 60 days of the proposal’s publication in the Federal Register.

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