• ☝️ Andy Florance, founder of the real-estate data provider CoStar Group, recently sold his beachfront Florida home for $28.5 million, representing the most expensive home ever sold on the Florida Panhandle.

BUSINESS & MARKETS

in partnership with First To Worst

• 💰 US markets closed up across the board (S&P: +1.0%; Dow: +1.1%; Nasdaq: +1.2%); the S&P and Nasdaq both closed at yet another record high. | 🚘🔌 Tesla’s US electric car market share fell below 50% in Q2 for the first time, according to estimates by the research firm Cox Automotive. | 📺 YouTube, if it were a standalone company, would be valued at $455+ billion – more than 50% above Netflix’s market cap – according to analysts at Needham & Co.
• 🪑 Microsoft relinquished its board observer seat with OpenAI due to regulatory scrutiny; Apple, which was also supposed to receive the same role as part of its partnership with OpenAI, will also not have a board observer seat. | 📈 Costco increased its membership fees for the first time since 2017.
• 🚨 Corporate buzzword alert: Execs and analysts dropped “double-click” 644 times in corporate conference calls and events during the first half of the year; that’s up from 139 times in the same period of 2020.

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SPORTS, MEDIA & ENTERTAINMENT

• 🎙️💬 Spotify is allowing listeners to leave comments on podcasts. | 🎰 The Mirage casino in Las Vegas is giving away $1.6 million in cash prizes before it officially ceases operations on July 17.
• 🧠💼 Severance Season 2 now has a teaser trailer and a release date: January 17, 2025. | 🤠 Kevin Costner‘s period Western, Horizon: An American Saga – Chapter 2, is postponing its August 16 theater release in hopes of allowing more time to grow the audience for the first film.
• ⚽️ Euro 2024: England beat the Netherlands 2-1 to advance to the championship match; Engand and Spain will face off for the title on Sunday. | 🏀 Clippers forward Kawhi Leonard withdrew from Team USA’s 2024 Olympic squad yesterday due to a lingering knee injury; he’ll be replaced by Celtics guard Derrick White.

SCIENCE, SPACE & EMERGING TECH

in partnership with Surfshark

• 🌌💍 Samsung held its Galaxy Unpacked event yesterday; the tech giant unveiled new products including the Galaxy Ring (its first foray into “smart rings”).
• 🛰️ The crewed return of Boeing’s Starliner space capsule could occur as soon as the end of July, NASA said yesterday; Starliner’s two crew members have been aboard the ISS since June 6 following a series of delays from their initial June 12 return date.
• 🚀 The European Space Agency said its Ariane 6 rocket experienced an anomaly during Tuesday’s maiden test flight that prevented two of the rocket’s five payloads from deploying.

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MISCELLANEOUS

• 🎓 Michael Bloomberg’s $1 billion charitable gift granting free tuition to Johns Hopkins’ medical students only applies to those whose families earn less than $300,000/year, while those whose families earn less than $175,000/year will also have their living expenses paid for.
• 🏛️ The GOP-led House Oversight Committee subpoenaed three senior White House aides yesterday, demanding they sit for depositions regarding President Biden's health.
• 🗳️ President Biden’s reelection campaign hit new trouble yesterday, with House Speaker Emerita Nancy Pelosi declining to fully endorse his candidacy, and Democratic donor/fundraiser George Clooney calling on Biden to step aside for a different candidate. (From the Left | From the Center | From the Right)

CLICKBAIT

• 🍎 There’s a Right Way – and a Wrong Way – to Snack.