The U.S. carried out a 13th night of strikes. Iran hit U.S. positions, and Houthi attacks pulled the Red Sea into the war. Oil briefly topped $100 as traffic through the Strait of Hormuz nearly stopped. Higher fuel, food, and shipping costs could follow.
Traders now see a real chance of a July 29 rate hike as oil prices push inflation fears higher. Microsoft, Meta, Amazon, and Apple report earnings in the same week. GDP and inflation data are also due. This is a risky week for large options bets.
Travis Kalanick is bringing CloudKitchens, food robots, and self-driving technology under one company. Its first restaurant robot is already being tested. Big money is moving into automated kitchens, but independent restaurants can still win through service, flexibility, and a strong local brand.
James signed a two-year, $8 million deal with Philadelphia after thinking about retirement. He joins Joel Embiid, Jaylen Brown, Tyrese Maxey, and VJ Edgecombe. Kalshi now gives Philadelphia a 12% title chance. The main risk is health across an older roster.
Users can now speak, interrupt, and direct tasks inside Codex and Work on the desktop app, including coordinating work across threads. Combined with remote control and multi-folder projects, this moves coding agents closer to persistent operators that can be steered while away from the keyboard.
A 17-hour run used GPT-5.6-Sol to diagnose and patch Cline, taking Kimi K3 on Terminal-Bench 2.1 from 77.5% to 88.8% while cutting the final run cost from $79 to $49.80. The fixes were practical reliability work—retries, loop detection, process handling, and liveness—not model training. Long-running eval-and-repair loops can improve an agent harness more cheaply than repeated manual tuning, provided humans review the final changes.
Poke, a personal agent living in text messages, recorded more than 100 million messages in three months and is reportedly the only AI agent approved for native Apple Messages use. Cognition says its proactive, relationship-like interface is how Devin should eventually feel. Model competence alone is no longer enough; continuity, initiative, and low-friction messaging are becoming acquisition-grade assets.
Black Forest Labs’ early-access model can generate video with native audio up to 20 seconds, use image and video references, render multilingual dialogue, and chain clips into longer sequences. BFL claims strong preliminary preferences over several competitors, but full benchmarks, pricing, and broad access remain pending.
Skyfall AI says it will acquire a micro-B2B-SaaS business for up to $1 million, install a world-model-based operating system, and attempt to double revenue in six months. It is a speculative demonstration, not a proven operating model, but the experiment could create a new buyer class for clean, documented, low-headcount SaaS assets.
In Restaurant365’s survey of more than 420 operators covering nearly 10,000 locations, 87% reported higher food costs and 77% higher labor costs. Back-office AI adoption or pilots rose from roughly 25% to 69%; among active users, 61% reported lower food costs and 62% lower labor costs. Vendor-reported causation deserves caution, but the opportunity is squarely in measurable workflows: reporting, inventory, scheduling, waste, and menu optimization.
Toast’s June data put median hot coffee at $3.75, up 7.1% year over year; beer reached $6.60, up 2.2%; burgers reached $14.71, also up 2.2%. Restaurant365 separately found only 52% of operators now responding to costs with menu increases, down from 66% at the start of 2026. The stronger move is to find low-friction mix, upsell, and menu-engineering opportunities that protect margin without breaking perceived value.
Robert Kraft said New England has offered Christian Gonzalez a deal that would make him both the NFL’s highest-paid cornerback and the highest-paid player in Patriots history. Talks remain open, so this is not a completed extension yet; the practical watch item is whether guaranteed money clears the current $100 million cornerback benchmark.
The 49ers said Shanahan will participate on a limited basis while recovering from injuries that reportedly include broken ribs, a broken hand, a broken nose, and a severe concussion. Assistant head coach Chris Foerster and the coordinators will handle head-coaching duties; no full-return timetable has been announced.
Lawmakers are examining whether sports contracts on Kalshi and Polymarket should remain under federal commodities oversight or follow state and tribal gambling rules. The answer affects consumer protections, state tax revenue, and whether prediction platforms can continue offering sports markets nationally without sportsbook licenses.
Oklahoma City agreed with restricted free agent Spencer Jones on a fully guaranteed two-year, $12 million offer sheet. Denver has until Sunday night to match, turning a useful playoff shooter into a direct roster-and-tax decision between two Western contenders.
Coffey Post held off Keene 7-4 in Friday night’s Senior Legion tournament game at Holman Stadium. It is the local result the desk was missing: current Nashua competition, not another national headline wearing a local label.
State investigators concluded that Gerald Gutekunst intentionally set the Orange Street fire as an act of self-harm, recklessly causing neighbor Scott Thomas’ death. The eight-unit building fire displaced other residents; the origin investigation is still pending, but officials expect no further public release.
NHPR reports that some customers are shifting produce purchases to local farms as cyclospora cases increase and Taylor Farms lettuce distributed from June 29 through July 16 is recalled. For restaurants, this is both a food-safety check and a sourcing question: confirm affected products with suppliers rather than assuming every lettuce item is involved.
New Hampshire’s average regular-gas price reached $4.05 Friday, up from $2.99 a year earlier, while diesel averaged $5.33. The immediate business effect is higher delivery, commuting, and discretionary-spending pressure, with Middle East shipping risk keeping the summer path uncertain.
A DNC committee overwhelmingly preferred South Carolina for the first 2028 Democratic presidential primary, with New Hampshire receiving four of 49 votes. State law still requires New Hampshire to hold its primary at least seven days before a similar contest, setting up another likely conflict between the national party calendar and state officials.
The pedestrian-only Summer Stroll runs from 4 to 8 PM Saturday with food, art, music, family activities, vendors, and local makers. This is useful local coverage, not filler: it changes downtown traffic and creates a same-day foot-traffic opportunity for nearby businesses.
A founder priced one team's Claude Code use against API rates. He says the average was 13 times the seat price. No lab has announced a broad new cut, but the gap may invite tighter limits.
Why it matters
Agent-heavy teams should measure token use now. A cheap flat seat may not stay this generous.
K
Kaylee@itskaylee · 2026-07-25
UNCONFIRMED
Boston sportsHigh confidence
Red Sox still see Zach Neto as a strong fit
Reporters say Boston still likes Angels shortstop Zach Neto after asking about him last winter. The teams have not announced a deal. It is also unclear whether the Angels will move a young player with three years of control.
Why it matters
Neto would fill a real hole, but the prospect cost could shape Boston well beyond this season.
K
Kaylee@itskaylee · 2026-07-25
UNCONFIRMED
Boston sportsMedium confidence
Matt Poitras could become a Bruins trade chip
Matt Poitras remains Boston's only unsigned player. Local reporting says contract terms and a crowded roster may be the issue. A trade is possible, but the Bruins have not said they are shopping him.
Why it matters
His next move could change Boston's forward depth and signal whether another roster deal is coming.
K
Kaylee@itskaylee · 2026-07-25
UNCONFIRMED
Creator businessMedium-high confidence
Creator dealmaking may pass 100 buys this year
Quartermast counted 70 creator economy deals in the first half. Its founder expects the full year to pass 100. That would be a record, but the second-half pace is still a forecast.
Why it matters
Owned audiences are becoming buyable assets. Derek should watch clean revenue and rights, not follower counts alone.
K
Kaylee@itskaylee · 2026-07-25
UNCONFIRMED
Restaurant dealsMedium-high confidence
Pizza Hut sale talks may be nearing a decision
Yum is reportedly in exclusive talks with LongRange Capital about Pizza Hut. People close to the talks say a deal could come within weeks. No agreement is final, and the talks could still end.
Why it matters
A sale could reset store plans, franchise support, and pricing across one of the biggest pizza systems.
K
Kaylee@itskaylee · 2026-07-25
UNCONFIRMED
Sports bettingHigh confidence
A federal sports-contract ban is gaining support
A bipartisan House bill would block sports contracts on Kalshi, Polymarket, and similar sites. Casino and labor groups back it. The bill is real, but passage and the final rules remain uncertain.
Why it matters
A ban would push many users back toward state sportsbooks and could hit fast-growing prediction platforms hard.
Markets in plain English
The Pit
What moved, what is coming, and why a beginner should care.
Market sentimentCautious
Stocks are still holding up, but oil near $100, high interest rates, and expensive technology shares leave very little room for bad surprises. This is not panic; it is a market walking carefully.
VIX · fear meter18.58
The VIX is Wall Street's fear meter. Below 20 usually means investors are concerned but not panicking. A fast move above 20 would signal that traders are buying more protection.
The 10-year Treasury yield influences mortgages, business loans, and what investors are willing to pay for stocks. When it rises, borrowing gets more expensive and future company profits look less valuable today.
Alphabet and Tesla sold off after earnings even though parts of their businesses were growing. Investors focused instead on rising AI spending and weaker cash flow, putting Microsoft, Meta, and Amazon under the same microscope next week.
Brent oil pulled back below $100 on Friday, but the 10-year yield remained near an 18-month high. Investors are worried that expensive energy could keep inflation high and force the Federal Reserve to maintain or raise rates.
Intel reported its fastest revenue growth in years but the stock dropped roughly 8% after management raised its capital-spending plans. The market is demanding evidence that expensive factories and AI infrastructure will produce enough profit.
Source: Reuters
Company report cards
Earnings coming up
Revenue means sales. EPS means profit per share. Guidance is management's forecast.
MSFT
Microsoft
Microsoft sells Windows, Office, business software, and Azure cloud computing.
Watch this
Azure growth, AI revenue, and whether the company is earning enough from the enormous amount it spends on data centers.