- ☝️ Paris hosted the opening ceremony of the Paralympic Games yesterday, which run through September 8; all 22 Paralympic sports will be broadcast or streamed live this year for the first time.
BUSINESS & MARKETS
in partnership with Flip Side by Game Show Network
- 💰 US markets fell across the board (S&P: -0.6%; Dow: -0.4%; Nasdaq: -1.1%). | 💼 July unemployment rates in 2024 were higher than last year in 350 of the 389 metropolitan areas covered in a new Bureau of Labor Statistics report.
- 📝 Nvidia reported earnings outpacing analysts' expectations; revenue grew 122% year over year; this follows three straight periods of year-over-year growth north of 200%; shares fell 8% in extended trading.
- 💸 Berkshire Hathaway became the first non-tech US company to surpass a $1 trillion market cap. | 🤖 OpenAI is reportedly in talks to raise capital at a valuation of $100+ billion; the company was valued at $86 billion in an employee share sale completed earlier this year.
*From our partners: 🥳👓 Look what they did… Game Show Network is premiering Flip Side on September 16, hosted by Jaleel White of Family Matters fame. Watch players guess how different groups feel about the same issue to win $10,000. Watch the Flip Side preview here.
SPORTS, MEDIA & ENTERTAINMENT
- 🗽📺 YES Network and MSG Network – two rival New York-based regional sports networks that locally air the Yankees, Rangers, Knicks, and others – are launching a combined streaming app this fall; it’s believed to be the first time two regional sports networks have combined their apps into a bundled option.
- 🏈 Tom Brady would face unique and severe restrictions in his role as a Fox broadcaster if the former quarterback’s bid to become partial owner of the Las Vegas Raiders is approved, per an ESPN report.
- 🎾 US Open: Coco Gauff and Novak Djokovic were among the favorites who advanced to the third round yesterday on the women’s and men’s side, respectively; full highlights from Day 3.
SCIENCE, SPACE & EMERGING TECH
in partnership with Caliber
- 👪 US Surgeon General Dr. Vivek Murthy issued an advisory warning that high levels of stress among parents in America represent a significant public health issue.
- ☀️⚡ Solar Landscape, a community developer of solar energy, is renting 8.5 million square feet of rooftop space from US self-storage giant National Storage Affiliates Trust, with plans to roll out 100 megawatts of solar capacity across 42 states.
- 🚀 A SpaceX Falcon 9 rocket broke apart early yesterday while attempting to land after the successful launch of 21 Starlink satellites, ending a string of 267 consecutive successful SpaceX booster recoveries dating back to February 2021. | 🧑🚀 SpaceX once again delayed the launch of its Polaris Dawn mission, this time due to “unfavorable weather”; the next possible launch window is tomorrow.
*From our partners: 🏆🏋️♀️ The #1 rated strength training app… Personalized workouts, video instructions, nutrition syncing, seamless tracking – Caliber helps you take a science-based approach to weight loss, gaining muscle, and improving overall fitness. Get started for free.
MISCELLANEOUS
- 🇨🇳🌐 Hackers backed by China’s government have penetrated several US internet service providers in recent months, gaining access to at least two major US ISPs with millions of customers as well as several smaller providers, per a new Washington Post report.
- 🎓💰 The Supreme Court denied President Biden’s request to lift a temporarily block on his administration’s latest plan to forgive student-loan debt; the order prevents the plan from taking effect while the federal court system decides whether it’s legal.
- ⚖️📰 A former elected official in Clark County, Nevada, was found guilty yesterday of murdering a Las Vegas Review-Journal reporter who investigated him; the former official was sentenced to 20 years to life in prison. | 🔍 The gunman who tried to assassinate former President Trump likely wasn’t motivated by a specific political ideology, and more closely fits the profile of a mass shooter than a politically motivated assassin, FBI officials said yesterday.
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