• ☝️ Brazilian surfer Gabriel Medina hit this celebration after recording the highest single-wave score in Olympic history during Monday’s surfing competition at Teahupo’o, Tahiti (aka “the place of skulls”).

BUSINESS & MARKETS

in partnership with "Switch” by Game Show Network

• 💰 US markets closed mixed yesterday (S&P: -0.5%; Dow: +0.5%; Nasdaq: -1.3%) | 🏦 Goldman Sachs has a higher market cap than banking rival Morgan Stanley for the first time since 2020. | 📝 Earnings: Microsoft and Starbucks both reported earnings after the bell.
• 📦 Amazon is legally responsible for recalling dangerous and defective products sold on its site, per a unanimous ruling from US regulators. | 👤 Meta agreed to pay $1.4 billion to settle a facial recognition data lawsuit brought by the state of Texas.
• ✈️ Spirit Airlines unveiled plans to introduce business class seating; the option includes amenities like larger front seats, checked/carry-on bags, priority boarding, a snack, and a drink. | 💼 Automaker Stellantis is further reducing its US employee headcount through a broad voluntary buyout.

*From our partners: 🔀 “Switch” – where trivia meets strategy… 5 players face off and answer challenging questions. Answer right? Move towards spot #1. Answer wrong? Move towards #5. Finish #1 and earn a shot at $10,000. Watch “Switch” on Game Show Network weeknights at 7p ET.

SPORTS, MEDIA & ENTERTAINMENT

• 🥇 The Olympics: The US won gold in the women’s gymnastics team final, as Simone Biles became the most decorated US Olympic gymnast ever. | US tennis star Coco Gauff was eliminated in a third round match, which featured a heated exchange between Gauff and an umpire. | Stephen Nedoroscik, aka “Pommel horse guy” on the US men’s gymnastics team, has become an internet favorite. | See the overall medal count.
• 📚 The Booker Prize, which awards the best English-language fiction published in the UK and/or Ireland, released a longlist of 13 nominees for this year’s prize.
• ⚾ The MLB trade deadline came and went yesterday evening; catch up on all the deals.

SCIENCE, SPACE & EMERGING TECH

in partnership with Commons

• 👤 People’s facial appearances tend to change over time to align with stereotypes associated with their names, per a new study; volunteers were able to match adult faces to names at a significantly higher rate than random chance (without previous knowledge of the people). | 📈 US states with legal online sports gambling saw their residents’ likelihood of filing for bankruptcy increase by 28% between 2018-2023, per a new study.
• 🖱️ Logitech is working on a “Forever Mouse,” a premium computer mouse that customers can use indefinitely with regular software updates (likely via subscription). The question is: will anyone actually buy it?🤔
• 🧠 A new Alzheimer’s drug called Leqembi slowed disease progression in patients over three years, per new data from Japanese firm Eisai (which owns the drug alongside Biogen); the findings indicate that patients need to stay on the drug long-term.

*From our partners: 🌎🥳 Living sustainably? Get rewarded with the FREE Commons app… Join thousands of people saving money, living sustainably, earning rewards, and learning about the planet. Learn more about Commons here.

MISCELLANEOUS

• 💥 Israel’s military said it killed one of Hezbollah’s top leaders in an airstrike in Lebanon yesterday; the attack was intended as retaliation for a Saturday missile strike in Israel-controlled Golan Heights. | 💥 Hamas' top political leader outside of Gaza, Ismail Haniyeh, was killed in Tehran, according to separate statements from Iran and Hamas; Israel has not commented as of 5:00 am ET.
• 🏛️📵 The US House is reportedly banning all staffers from using apps from ByteDance, the Chinese owner of TikTok, on official government devices.
• 📝 Paul Dans, director of the conservative Heritage Foundation’s Project 2025 plan for a sweeping overhaul of the US government, stepped down from his role yesterday; the move follows public criticism of Project 2025 by the Trump campaign in recent weeks. (From the Left | From the Center | From the Right)

CLICKBAIT

• 🧑‍🚀 Astronauts Hold Their Own Olympics on Board Space Station.