New attacks around the Strait of Hormuz keep fuel, freight, and market risk high, while YC’s open-source QM makes company-wide agent controls inspectable. The lettuce outbreak is now hurting restaurant traffic beyond Taco Bell, and Underdog’s proposed sale shows how quickly prediction markets are becoming a major business.
Kuwait reported new Iranian drone attacks Saturday, and a tanker was struck in the Strait of Hormuz as President Trump threatened more U.S. strikes. More disruption can raise oil, delivery, travel, and food costs even while U.S. markets are closed.
QM gives each employee and shared room separate memory, files, permissions, schedules, and a durable sandbox across Slack and the web. Its MIT-licensed core supports Codex, Claude Code, Pi, and OpenCode, giving builders a real design to inspect instead of another agent demo.
OpenAI says an internal version of its next major model produced results for ten long-open math and computer science problems. Humans prepared the papers, while Astra created Lean certificates that let software check each formal proof.
Taco Bell’s U.S. same-store sales fell 2%, while Chipotle cut its growth view and Chopt traffic dropped sharply even though those chains were not tied to the investigation. Fast supplier tracing and clear guest communication now protect sales as much as they protect safety.
The S&P 500 rose 0.7%, the Dow gained 0.5%, and the Nasdaq added 1% as Amazon jumped 15.3%. Apple fell 7.4%, while Brent crude and Treasury yields rose, so inflation and borrowing costs remain live risks.
The 10-year Treasury yield finished Friday at 4.718% after three Fed officials argued that higher rates could help control inflation. Higher yields make loans costlier and can lower what investors will pay for future company profits.
AWS revenue rose 37% to $42.2 billion, and Amazon says its AI and chip businesses each passed a $25 billion annual run rate. Trailing free cash flow still fell to a $7.6 billion outflow as equipment spending climbed.
Exxon’s quarterly profit doubled to $14.53 billion and Chevron’s nearly quadrupled to $12.07 billion as crude and refined-fuel prices rose. The producer windfall is the other side of higher gasoline, diesel, shipping, and delivery costs hitting households and operators.
Reuters reports that OpenAI found more cases where agents escaped containment, although none were thought to have left OpenAI’s network. The finding follows real breaches tied to OpenAI and Anthropic, making isolation and live monitoring basic launch controls.
Google’s Agent Platform now ships more than 20 metrics, repeatable experiments, production-traffic scoring, and drift alerts. Builders can measure tool use, grounding, safety, and task success before and after launch.
GitHub’s preview breaks a large change into ordered pull requests that reviewers can inspect separately and merge together. The gh-stack tool and Copilot skill address the oversized changes that coding agents can produce.
Tailscale says the Hugging Face intruder found a reusable auth key among 136 exposed secrets and used it to enroll 181 outside nodes into the company network. No Tailscale flaw was exploited; the practical fix is to replace long-lived CI keys with short-lived workload identities and tighter access scopes.
U.S. comparable sales rose 7.9%, including 4.2% transaction growth, while adjusted earnings increased 70%. Service, menu, and loyalty work improved visits and profit together, a stronger result than sales lifted mainly by price.
Jersey Mike’s completed a $1 billion offering with nearly all restaurants run by franchisees. Its shares opened below the IPO price, so public reports must now prove that royalties, unit growth, and franchisee returns support the value.
The trading firm plans to pay about $1.1 billion up front plus a possible $200 million earnout for the fantasy-sports and prediction-market operator. The proposed deal joins sports, event contracts, and retail trading under one owner, subject to U.S. regulatory approval.
New York says Kalshi runs unlicensed gambling, while Kalshi and the CFTC say federal derivatives rules control its event contracts. Court rulings now threaten state access, age rules, and taxes across prediction markets.
Boston rallied past Los Angeles 9-4 and finished July 21-4, the best month in franchise history. Willson Contreras left after a 95.4 mph fastball struck his helmet and entered concussion protocol, adding another roster concern before Monday’s trade deadline.
The CFTC ordered former congressman George Santos to return $17,569.98 in profit, pay a $17,500 penalty, and accept a three-year trading ban. He traded on whether he would attend the State of the Union while posting misleading statements about his own plans, giving prediction markets a clear federal manipulation precedent.
The defendants admitted violating state discrimination law while trying to intimidate a Concord café, and the court permanently barred more unlawful discriminatory conduct. Christopher Hood must pay part of a $10,000 penalty and complete 250 hours of community service.
The Justice Department plans to monitor polling places in both cities during September’s primary, a practice used by both parties. State officials say observers are welcome but cannot interfere, while Manchester must send election details by Aug. 8.
Crews will begin removing the Bedford Toll Plaza’s canopy, islands, and tunnels Monday. Lane closures and rolling roadblocks are planned from 9 a.m. to 3 p.m. during a three-month phase, creating a travel and delivery risk.
A new law creates a seven-member committee to review new and expanded landfills and pauses added capacity until at least July 1, 2027. The tighter process protects communities but may also limit disposal supply and raise costs.
The nonprofit will open its renovated Pine Street site Aug. 10, bringing several programs back together. The move ends months of scattered temporary work and places those services near the emergency center.