💬 Quoted: “Summer camp for billionaires.”

• Media and tech titans are gathering this week at the Sun Valley Lodge in Idaho for an annual conference that’s served as the venue for industry leaders to negotiate megadeals and discuss the future of their businesses since 1983. The guest list typically reads like Michael Rubin’s White Party; this year’s attendees include Mark Zuckerberg, Jeff Bezos, Sam Altman, Bob Iger, David Zaslav, and other business A-listers, per Bloomberg. The conference is expected to focus on a wide range of topics, including world domination the US election and its ramifications for business, potential partnerships between streaming competitors to lower costs and improve profitability, and the growing importance of live sports broadcast rights in entertainment.

📈 Stat of the Day: Nearly 3 in 5 American adults (58%) are currently invested in stocks, representing the highest such proportion on record, according to recent data from Charles Schwab and the Federal Reserve. Analysts largely attribute the high mark to the widespread accessibility of newer online stock trading platforms, which have grown especially popular among younger generations. On average, members of Gen Z start making their money machine go brrr investing at age 19, compared with 25 for millennials, 32 for Gen X, and 35 for baby boomers.

🤔 Did You Know? Despite two centuries of excavations and archaeological investigations, only three items have ever been retrieved from within the Great Pyramid (aka the Pyramid of Khufu): a hook, a stone ball, and a short rod possibly made of cedar.

📰 Worth a Read: What are AI agents? → (MIT Technology Review)