• ☝️ Euro 2024: Spain defeated France 2-1 yesterday behind a goal from 16-year-old winger Lamine Yamal, securing their record-high sixth straight tournament victory; Sunday’s championship match will feature Spain against the winner of today’s Netherlands-England faceoff.

BUSINESS & MARKETS

in partnership with Beam

• 💰 US markets closed mixed (S&P: +0.1%; Dow: -0.1%; Nasdaq: +0.1%); the S&P and Nasdaq notched record-high closes (yet again).
• 🏦 Fed Chair Jerome Powell suggested the case for interest rate cuts is becoming stronger in remarks yesterday to Congress, but said more progress on inflation is needed before any cuts can occur; Powell also suggested a further cooling in the labor market could be undesirable.
• 🚗 Chinese EV giant BYD is constructing a $1 billion manufacturing plant in Turkey; it aims to start production by the end of 2026.

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SPORTS, MEDIA & ENTERTAINMENT

• 🎾 Wimbledon: The men’s and women’s semifinal matchups will be finalized later today, following the conclusion of the last quarterfinal rounds. (More: The Taylor Fritz cheering drama, explained)
• 🎮 Microsoft is planning to hike the price of its Xbox Game Pass Ultimate subscription in September; the move will come in tandem with the launch of a new “standard” subscription that doesn’t include day-one access to first-party Xbox games.
• 🏌️ Keegan Bradley will captain the US Ryder Cup team for the 2025 edition of the biennial tournament against Europe; Bradley was selected as captain after Tiger Woods turned the role down.

SCIENCE, SPACE & EMERGING TECH

in partnership with Xero Shoes

• 🛰️ Space startup Gravitics earned a $125 million contract to expand Axiom Space’s planned space station.
• ⚠️ Many off-the-shelf tampons contain over a dozen toxic metals, including lead and arsenic, per a new UC Berkeley study.
• 💉 Eli Lilly’s diabetes drug Mounjaro (aka tirzepatide) is associated with “significantly greater weight loss” than Novo Nordisk's Ozempic (aka semaglutide), according to the first major head-to-head study. | 💊 A range of medications, including generic versions of Viagra and Cialis, were allowed on the US market using data the FDA has identified as potentially problematic (read: fake), calling into question their safety and efficacy, per a Bloomberg analysis.

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MISCELLANEOUS

• 🧑‍⚖️ The bribery trial of Sen. Bob Menendez (D-NJ), who stands accused of accepting bribes including gold and envelopes of cash from 2018-2022, began closing arguments yesterday.
• 📲 The US and several allies announced the seizure of a sophisticated Russian propaganda mill behind ~1,000 covert social media accounts on X.
• 🏛️ Two Democratic Senate committee leaders sent a letter to the DOJ seeking a special counsel investigation into whether Supreme Court Justice Clarence Thomas broke federal tax and ethics laws. (Read more)

CLICKBAIT

• 🎾🤑 Why Serena Williams tried to deposit her first $1 million check at a drive-thru ATM.