• ☝️ US stocks experienced declines across the board yesterday, as the S&P and Nasdaq fell further into bear territory. (Dow: -2.4% | S&P: -3.3% | Nasdaq: -4.1%)

BUSINESS & MARKETS

• 💄 Cosmetics giant Revlon filed for bankruptcy yesterday, saying it’s unable to timely fill almost ⅓ of customer demand due to supply chain issues.
• 🍼 Baby formula production at Abbott's Sturgis, MI, plant was shut down again following storm-induced flooding; a previous months-long closure at that same plant led to a nationwide baby formula shortage.
• 🐦 Here’s what Elon Musk told Twitter employees at his first virtual all-hands meeting yesterday. (Background from the DONUT)

SPORTS, MEDIA & ENTERTAINMENT

• 🎤 Beyoncé is releasing a new album called Renaissance on July 29; it could be the first in a multi-part series, as streaming services and her social media profiles have it listed with the subtitle "Act I."
• 🏀 The Golden State Warriors defeated the Boston Celtics 103-90 last night to win the NBA Finals by a 4-2 margin; it’s the Warriors fourth championship in eight seasons; Steph Curry secured his first-ever Finals MVP. | WNBA legend Sue Bird, 41, announced she’s retiring at the end of this season.
• 🍿 Joker 2 will reportedly be a musical sequel and may star Lady Gaga alongside Joaquin Phoenix, Variety reports.

SCIENCE, SPACE & EMERGING TECH

• 🪐🪐 MIT astronomers discovered a nearby star system with two Earth-sized planets.
• 🧠 Australian researchers published a new peer-reviewed study that found a relationship between vitamin D deficiency and dementia.
• 🚀☢️ A startup called ​​Atomos Space plans to be the first group in decades to launch a nuclear reactor into space, in a first step towards eventually powering spaceships via fission.

EVERYTHING ELSE

• 🏌️ Watch US Open favorite Rory McIlroy struggle to escape the rough on the 5th hole yesterday, but still manage to save par. (A reminder that the pros are… well, pros.)
• 💉 An FDA advisory panel approved the use of Pfizer and Moderna's Covid vaccines for children between the ages of six months and four years old. (From the Left | From the Right)
• 🏛️ The Jan. 6 House Committee held its third public hearing yesterday. (From the Left | From the Right | See the 360° view from Day 1)