The S&P 500 and Nasdaq fell as investors dumped shares of artificial intelligence and technology companies.

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The S&P 500 and Nasdaq slumped as investors sold shares of technology and artificial intelligence companies. The indices suffered How Shares of Nvidia and other chipmakers fellafter the news that Biden Considers Tougher Trade Rules for China.

Prime Day: The first half of Amazon’s 48-hour sales event led to the biggest U.S. e-commerce day of 2024.

Republican Party presidential candidate Donald Trump is considering Jamie Dimon for Treasury Secretary. Trump reportedly considered JPMorgan Chase CEO for the position in 2016 just like Joe Biden in 2020.

Anthropic has followed in OpenAI’s footsteps and launched its own AI startup fund. $100 million in Anthropic’s vault is backed by Menlo Ventures and focuses on AI with “social benefits.”

Sales of Johnson & Johnson’s cancer drug Darzalex are soaring. Treating multiple myeloma can even overtake J&J’s best-selling drug Stelarawhich is used to treat autoimmune diseases.

Boeing workers in Washington state plan strike. International Association of Aerospace and Mechanics and Workers organized a rally in Seattle Yesterday.

Trump has an enemy in the wind

Former U.S. President and Republican presidential candidate Donald Trump discussed Diet Coke, green energy, taxes and foreign policy in a recent interview with Bloomberg Businessweek about his views on the economy. One thing remains clear: Trump remains a staunch opponent of wind power.

Trump has promised to abandon offshore wind projects “from day one.” He has also claimed (falsely) that windmills cause cancer and “drive whales crazy.”

Wind energy has recently become a larger source of electricity in the US than coalWind and solar projects — which Trump deems too expensive — received 94% of the $15.6 billion in federal renewable energy grants in 2022. Quartz’s Will Gavin weighs in on Trump’s thoughts on wind power and more.

While the energy source may not drive the whales crazy, it has recently caused some problems for beachgoers in Massachusetts.

One big number: $265 billion

How much involvement Capital One will make in community development and philanthropy, if it receives approval to acquire Discover.

The U.S. Federal Reserve and the Office of the Comptroller of the Currency must first approve the $35 billion merger of the two financial services giants. Capital One is trying to make a case that it will benefit if the deal goes through. But its promise to lend money to low-income consumers and small businesses may be empty, one advocate warned. Rocio Fabbro from Quartz has a story.

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🤑 Prime Day Online Sales in the US Surpass $7 Billion

Surprising discoveries

Physical tickets are making a comeback. But they will cost you.

A city in Missouri has a 40% chance of experiencing an earthquake of magnitude 6.0 or greater in the next 50 years. The region around New Madrid, Missouri is “seismic shock zone.”

A new website called RattleCam.org lets viewers watch hundreds of snakes slither around a “megacave” in an undisclosed location. Scientists from California Polytechnic State University it was assumed that people wanted to watch thirsty snakes drinking rainwater liveand honestly, they’re not wrong.

A tornado knocked down a B-52 bomber from a base in New York. It is one of the few tourist attractions in Rome, New York This week we have been hit by extreme winds.

The rarely seen Mashco Piro tribe — believed to be the world’s largest indigenous community living off-limits to the outside world — is increasingly leaving the Peruvian Amazon. Supporters say it’s a worrying sign that lumberjacks are threatening the Mashco Piro territory.

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