Images: Banksy/Instagram

  • ☝️ Mysterious street artist Banksy unveiled a pair of new artworks this week located on the sides of buildings in London; Banksy offered no additional commentary on the pieces.

BUSINESS & MARKETS

in partnership with NoNetz

  • 💰 US markets closed down across the board (S&P: -0.8%; Dow: -0.6%; Nasdaq: -1.1%).
  • 📝 Earnings: Disney reported its first-ever streaming profit and strong earnings from its movie lineup, offsetting weaker-than-expected theme-park results. | Warner Bros. Discovery posted a $10 billion loss in Q2, mostly due to a $9.1 billion write-down of the value of its cable networks (including CNN, TNT, and TBS). | Bumble significantly cut its revenue outlook for this year; shares fell as much as 32% in after-hours trading.
  • 🏘️ Zillow CEO Rich Barton is stepping down from the top job for a second time; he’ll be replaced by COO Jeremy Wacksman; the company also reported Q2 results that beat analysts’ expectations on profit and revenue.

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SPORTS, MEDIA & ENTERTAINMENT

  • 🥇 The Olympics: Cuban wrestler Mijaín López, 41, became the first athlete in history to win five consecutive gold medals in the same event (each Summer Games since 2008). | Vinesh Phogat, India's top female wrestler, was disqualified from the gold medal match after weighing ~100 grams over the 50-kilogram limit for her class. | The US women’s basketball team beat Nigeria 85-67 yesterday, advancing to a semifinal matchup against Australia. | See the overall medal count.
  • 🏈 The NCAA announced a four-year show-cause order for former Michigan coach Jim Harbaugh for impermissible contact with recruits and players during the pandemic; the ruling bans Harbaugh, who now coaches the NFL’s LA Chargers, from coaching in the NCAA until 2028. | 🏀🏟️ Beauty brand Madison Reed and the University of Connecticut signed a three-year court-naming rights deal; the company also signed NIL deals with four UConn women’s basketball players, who will all use Madison Reed hair-coloring products.
  • 🎤 Taylor Swift canceled three “Eras Tour” shows in Vienna, Austria, after two men were arrested in an ISIS-connected terrorist plot targeting Swift’s upcoming events.

SCIENCE, SPACE & EMERGING TECH

in partnership with Niphtio

  • 🪸🌡️ Australia’s Great Barrier Reef is currently experiencing its hottest ocean temperatures in at least 400 years, posing an “existential threat” to the reef, per a new study published in Nature.
  • 🥪⚛️ Researchers at Lehigh University are experimenting with mayonnaise to unlock the secrets of nuclear fusion, since it mimics the behavior of plasma under certain conditions.
  • 🚀 NASA confirmed there’s a possibility the two astronauts who flew to the ISS on Boeing’s Starliner spacecraft could remain in orbit until 2025, when they would fly home on a SpaceX craft instead of Starliner; the astronauts were initially supposed to stay in orbit for eight days. (Dive deeper: NASA has a tough decision to make)

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MISCELLANEOUS

  • 🌊 The family of a French explorer who died in last summer’s Titan submersible implosion filed a $50+ million lawsuit accusing the sub’s operator of gross negligence. | 🚢 A yacht designed by late Apple founder Steve Jobs – now owned by his widow Laurene – recently collided with a yacht owned by Mexican billionaire Ricardo Salinas Pliego.
  • 🎓 The Education Department is delaying the opening of its Free Application for Federal Student Aid – aka federal college financial-aid forms – from October to December for the second straight year; the delay is aimed at avoiding technical glitches that plagued last year’s FAFSA.
  • 🗳️ Rep. Cori Bush (D-MO) became the second member of “The Squad” to be ousted by a primary challenger this year.

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