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Microsoft’s record market-cap jump and Amazon’s AWS acceleration show AI paying off, yet 30-year Treasury yields near multi-decade highs raise the cost of more.
Situational Awareness, the AI fund built on Leopold Aschenbrenner’s viral essay, sold most stocks to Citadel after a 67 percent July drop despite earlier 439.
Coinbase Q2 revenue missed at $1.2 billion with a wider loss, yet market share hit 10.3% and subscriptions near half of sales, reshaping its model.
A lone Florida ticket claimed the $800 million Mega Millions prize, the 10th largest ever, but cash option and taxes leave roughly $217 million net.