• ☝️ NASA released 25 never-before-seen images of cosmic objects – including the largest known spiral galaxy (bottom right) – to celebrate the 25th anniversary of its Chandra X-ray Observatory.

BUSINESS & MARKETS

in partnership with Wine Insiders

• 💰 Major US markets fell across the board (S&P: -0.2%; Dow: -0.1%; Nasdaq: -0.1%); the smaller company-focused Russell 2000 continued its positive run, increasing 1%. (More: The stock market could be undergoing a rotation) | 🪙 Ether ETFs began trading; volume topped $1 billion on day one.
• 💸 Earnings bonanza: GM (-6%), Coca-Cola (+0.3%), Alphabet (-2% after hours), UPS (-12%), Tesla (-8% after hours), Visa (-1%; -3% after the bell), and Spotify (+12%) all reported quarterly earnings yesterday. Note: Share performance is as of 11 pm ET on Tuesday.
• 🏡 Home prices hit a new record high in June for the second straight month; the national median existing-home price was $426,900.

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SPORTS, MEDIA & ENTERTAINMENT

• 🏈 The NFL and its Players Association are holding high-level discussions about the possibility of expanding the regular season from 17 to 18 games. | 🏀👀 The WNBA All-Star Game drew 3.44 million viewers, per Nielsen; that figure is over 2x higher than the previous All-Star Game record and marks the third most viewed WNBA event ever.
• 🎤 Celine Dion is reportedly performing at the Olympic Games in Paris, potentially during Friday’s opening ceremony; it would mark her first performance since being diagnosed with Stiff Person Syndrome in December 2022.
• 🏛️📈 HBO’s Veep saw a 353% spike in viewership on Monday following the launch of VP Kamala Harris’ 2024 presidential campaign. | 🏌️ Former President Trump appeared on a “special episode” of pro golfer Bryson DeChambeau’s “Break 50” YouTube show.

SCIENCE, SPACE & EMERGING TECH

in partnership with NoNetz

• 🤖 Meta CEO Mark Zuckerberg publicly called on the tech industry to focus its generative AI efforts on open-sourced models; Zuckerberg also unveiled Llama 3.1, the largest-ever open-source AI model, which Meta claims can outperform top rivals at OpenAI and Anthropic.
• 💊 An effective HIV drug from Gilead could be sold at $40/year for every patient – or 1,056x less than its current price ($42,250/year) – and still yield a 30% profit, new research suggests. | 🚀📅 Astronauts on future Mars missions will require a wide range of medicines that are likely to expire before they return to Earth, per a new study.
• 💼 77% of employees using AI say these tools have added to their workload, despite 96% of C-suite leaders expressing high expectations that AI will enhance productivity, per a study from independent contractor firm Upwork.

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MISCELLANEOUS

• 🏛️ Secret Service Director Kimberly Cheatle submitted her resignation yesterday amid heavy bipartisan criticism over the agency’s failure to stop the Trump shooting. | 🏛️ Sen. Bob Menendez (D-NJ) announced plans to resign on August 20; he was convicted last week on charges including bribery and acting as a foreign agent on behalf of Egypt.
• ✈️ Delta is facing a federal investigation into why it failed to recover as quickly as other airlines from last week’s CrowdStrike-driven outage. | ✈️ Southwest is the subject of a new FAA review into several potential safety incidents in recent months, including flights that descended as low as 150 feet above water, per the WSJ.
• 🏥 House lawmakers introduced a bipartisan bill aimed at cracking down on pharmacy benefit managers, which are widely accused of inflating prescription drug prices.

CLICKBAIT

• 🏙️💪 Do you live in the fittest city in America?