💬 Quoted… ​​“The largest amount of money lost by a single firm over a six-month period.”

Blackrock has reportedly lost a record $1.7 trillion worth of clients’ money in the first half of this year, former hedge fund manager Marc Rubenstein wrote in a Bloomberg op-ed this week.

• The global investing giant previously held a record $10 trillion in assets under management as of January.

🤑 Stat of the Day: Arizona Cardinals QB Kyler Murray will make an average of $46.1 million per year over the course of his new five-year contract extension, which was agreed to yesterday.

• The Oakland Athletics, who selected Murray 9th overall in the 2018 MLB draft, have an entire payroll of $48.5 million this season.

🌎 Around the World: Hundreds of Puerto Ricans marched in the capital of San Juan on Wednesday, demanding the government cancel its contract with grid operator LUMA Energy over chronic power outages and frequent rate hikes.

🤯 Did You Know?... Animated Pixar films are rendered – aka turned from 2D or 3D models into realistic images – using one of the 25 largest supercomputers in the world. And even with all that computing power, it still took two years to render Monsters University (2013).

📖 Worth a Read: The Great Fiction of AI → (The Verge)