Breaking News - OpenAI cuts GPT-5.6 prices as cost sensitivity grows; will others follow?
OpenAI on Thursday announced it is slashing the price of two of its latest artificial intelligence models, GPT-5.6 Terra and GPT-5.6 Luna, roughly three weeks after their public release, according to the company and a CNBC report (July 30, 2026).
Breaking News - Nike cutting off thousands of online distributors in China, will it work? - July 2026
Nike is planning to cut off thousands of online distributors in China and restructure its online presence to create a more consistent consumer experience (July 2026).
Silicon Bakery - Over The Weekend (Wk4 Jul 2026) - Korean tech names deepen partnership with U.S; AMD under the spotlight on next-gen infra; Apple vs Micron takes a wild turn?
Korean, global tech companies to pursue partnerships worth more than $950 billion in total; AMD introduces its next-gen ai-infra products; Apple vs Micron taking another wild turn...
Results Review - Intel 2Q2026 significantly beat expectations
Intel’s stock jumps as chipmaker rides AI boom to fastest revenue growth in almost 15 years.
Breaking News - Asia Economy China exports in June jump at fastest pace since 2021 as AI boom, tariff rush lift trade
China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by U.S. retailers to beat anticipated tariff hikes turbocharged shipments.
Macro & Micro Compass - Federal Reserve Fed officials were split on direction of interest rates at last meeting, minutes show
Fed policymakers were split on the future of interest rates at their June meeting, with officials offering competing cases for hikes or cuts, according to minutes released Wednesday.
Global Chokepoint - U.S., Iran pause hostilities as Hormuz shipping resumes after weekend clashes
The U.S. and Iran agreed Sunday to pause hostilities and allow commercial vessels to transit the Strait of Hormuz freely, following a weekend of military exchanges that threatened to derail negotiations aimed at ending their conflict. Will A More Thorough Agreement be Reached Before the Expiry of Existing 60-
CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The CFTC's suit against Kentucky underscores a growing federal-state clash over regulating prediction markets as swaps versus gambling.
Warsh promises a new vision for the Fed, as his colleagues eye a rate hike instead of a cut, June 18, 2026
Washington — Federal Reserve Chairman Kevin Warsh has promised “regime change.” On Wednesday, after leading his first policy meeting, he made it clear he is serious. Under the new Fed chairman, officials voted Wednesday to hold interest rates steady for the fourth consecutive meeting, leaving their benchmark lending rate at a
Commodity Desk - The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
U.S. Strategic Petroleum Reserve stocks have fallen to a 40-year low following massive releases to counter Iran war disruptions, heightening risks of a price spike.
Global Chokepoint - Strait of Hormuz traffic to return to normal as soon as August, Kalshi traders speculate
Prediction markets show surging odds for Strait of Hormuz traffic normalization after Trump's Iran deal announcement, despite lingering uncertainties.
This startup wants to reduce payment friction on prediction markets
Prediction markets' growth exposes banking system lag, driving EDGE Markets to debut real-time payment solutions for traders and institutions.
