Financial Performance - Alibaba's profit plunged more than 75% as quarterly capital expenditure for AI increased to almost $10 million [1] - Alibaba's cash flow turned negative to the tune of $6.6 billion, while its profit dropped 75% despite revenue growth [1] - Defense tech startup Castelion raised $1 billion in a Series C funding round, combining $800 million in equity and $250 million in a revolving credit facility, reaching a $13 billion valuation [23] - AI coding startup Cognition is in early talks for a new fundraising round at a valuation of at least $40 billion, up from $26 billion in May [21] - Robinhood's prediction markets business grew from virtually zero during the 2020 election to hundreds of millions, executing 6 billion contracts in July, representing a 20x year-over-year increase [3] Market Trends & Industry Dynamics - Technology stocks were down for a fifth straight session, and the 30-year Treasury yield moved higher following the Treasury's intervention in buying back longer-dated debt [1][14] - Walmart experienced its lowest U.S. growth in six years despite a strong focus on e-commerce, with its stock dropping almost 10% [1] - SK Hynix stock rose 150% year-to-date but pulled back 50% from its June high due to changing memory and semiconductor space demand [2] - Bitcoin surpassed $70,000 and reached $72,178 per token, supported by U.S. Treasury bond market intervention and a high-stakes meeting between President Trump and crypto industry leaders [3] - Massachusetts lawmakers are advancing legislation to establish stringent AI safeguards, requiring frontier models to undergo independent reviews every 180 days and forcing AI labs to file risk reports [56][57][59]

Defense tech startup, Castellen Yeah. Has raised a billion dollars at a $13,000,000,000 valuation. The round combines 800,000,000 in equity and 250,000,000 committed to a revolving credit facility.The firm, which builds weapons and defensive systems, plans to use the funding to boost production of its Black Beard hypersonic missile system. Casillion's cofounder and CFO, Andrew Kreitz, joins us here in San Francisco. A big round, and and let's start there, the participants in it, and how it came together.Yea ...

BREAKING: Qatar Airways sets a new Starlink record, equipping 150 widebody aircraft in less than two years. ✈️🛰️The rollout is now the fastest of its kind globally, with more than 83% of Qatar Airways’ widebody fleet offering free, high-speed Starlink Wi-Fi.Starlink is rapidly transforming the in-flight connectivity experience. 🚀@elonmusk ...

Market Dynamics - Artificial intelligence sector experiences accelerating preparations for public market debut [1] Investment Opportunities - Anthropic anticipates matching or surpassing the scale of SpaceX's record-breaking initial public offering [1]

Market Dynamics - Artificial intelligence developer Anthropic plans to file for an initial public offering as soon as the end of August [1] Investment Opportunities and Potential Risks - Anthropic expects to match or exceed the record set by SpaceX [1]

RT None (@None)I wish there was some wayto tell people how muchI like Tesla & Cybertruckand SpaceX & Starship.Any ideas? 🤔 https://t.co/stXfKkuddA ...

RT None (@None)Grok Bot never sleeps!Elon just highlighted the real difference with Grok Bot.It runs on its own remote computer managed by SpaceXAI.Close your laptop, reboot your desktop, go to sleep, whatever.The Bot keeps working.That is the core advantage over most other agent setups right now.Self-hosted options like Hermes or OpenClaw need a machine that stays on. If that machine is your laptop, the agent stops when you close the lid.If it is a VPS you manage, you are still responsible for uptime, upda ...

Preparing for another Starship flightNone (@None):Starship completed a single engine static fire demonstrating a deorbit burn for upcoming orbital missions https://t.co/vVI6giAlCM ...

Starship completed a single engine static fire demonstrating a deorbit burn for upcoming orbital missions https://t.co/vVI6giAlCM ...

RT None (@None)Qatar Airways is rolling out Starlink at an incredible paceThe airline now has 150 widebody aircraft equipped with StarlinkThe latest milestones:• World’s first Starlink-equipped Boeing 787-9• Entire Boeing 787-8 fleet already equipped• Overall widebody rollout now 83%+ complete• Full Boeing 787 rollout targeted by the end of 2026• Up to 323 Starlink-equipped flights every dayAnd the scale is already massiveSince launching Starlink in October 2024, more than 23 MILLION passengers have connect ...