Friday, August 1
Headlines
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Microsoft is the second company ever to be worth $4 trillion. The company that brought you Clippy has now joined Nvidia in the $4 trillion market cap club, and, like Nvidia, it has AI to thank. Microsoft hit the milestone yesterday as investors digested its earnings report, which showed 18% revenue growth. The company also reported that annual revenue from its Azure cloud computing unit jumped 34% from its previous fiscal year, taking in more than $75 billion. But as with the rest of Big Tech, investing in AI requires a lot of cash, and Microsoft said it plans to spend $30 billion on AI infrastructure next quarter.
Apple’s quarterly revenue grew by the most since December 2021. With iPhone sales up by 30% and sales in China rising 4%, Apple blew past Wall Street’s expectations when it reported its Q3 earnings yesterday, as overall sales hit $94 billion, about 10% higher than in the same period a year ago. Though tariffs cost Apple $800 million, they also helped spur sales as consumers raced to buy new tech before higher prices kick in. The other member of the Magnificent Seven to report earnings yesterday, Amazon, didn’t leave investors impressed. Amazon also reported better-than-expected numbers, with revenue and profit both up. But the e-commerce giant’s stock fell in after-hours trading because its cloud business wasn’t growing as rapidly as its rivals’, leaving investors worried its AI investments weren’t paying off enough.
Figma jumps more than 250% in trading debut. Sometimes you lose a $20 billion merger opportunity but still win in the end. Design software-maker Figma’s stock soared on the NYSE after it sold $1.2 billion worth of shares for $33 each in an IPO, giving it a value above the amount it had agreed to sell itself to Adobe for before the deal fell apart in 2023. The stock rose so fast that trading had to be halted for volatility. The company’s success is a good sign for the tech IPO market, which had been in a lull for the past few years but has seen a few other buzzy debuts recently, like Circle and Chime.—AR
Robert Reich
No!
Friends,
Some people tell me that I should be talking more about the climate crisis than the crisis of democracy.
But you know something? We can’t deal with the climate crisis unless our democracy is saved.
Lee Zeldin, the administrator of the Environmental Protection Agency, just announced that the Trump administration will revoke the scientific determination that underpins the government’s legal authority to combat climate change — the “endangerment finding” of 2009, which concluded that planet-warming greenhouse gases pose a threat to public health.
That simple finding has allowed administration after administration to set strict limits on greenhouse gas emissions from cars, power plants, and other industrial sources of pollution.
At A Glance
(7/9/2025) What happens when you flush an airplane toilet.
(7/14/2025) Girl's note to home residents found on empty toilet paper roll.
(7/7/2025) Roughly 1,500 bikers show up to accompany bullied teen to prom.
(7/15/2025) Housekeeping reveals the dirtiest parts of a hotel room.
(7/8/2025) A guide to America's loneliest road.
(7/11/2025) Why Dairy Queen can't legally sell "ice cream."
(7/9/2025) Earth is spinning unusually fast today.
(7/22/2025) A potential fix for America's public bathroom crisis.
(7/3/2025) See a ranking of the best hot dog brands.
(7/7/2025) Study reveals six factors determining what makes someone cool.
Clickbait: World's richest woman opens a medical school.
Historybook: "Moby-Dick" author Herman Melville born (1819); American frontierswoman Calamity Jane dies (1903); Sniper kills 14, wounds 31 at University of Texas (1966); MTV launches with "Video Killed the Radio Star" as first video (1981).
In The NEWS
Sports, Entertainment, & Culture
> NFL preseason kicks off tonight (8 pm ET, NBC) with the Los Angeles Chargers taking on the Detroit Lions in the 2025 Pro Football Hall of Fame Game (More) | How does the NFL make money? (More)
> Laura Dahlmeier, two-time Olympic gold medal-winning biathlete, dies at age 31 following a climbing accident in northern Pakistan (More)
> NBA sets up 2026 regular season matchups in Berlin (Jan. 15) and London (Jan. 18) featuring the Orlando Magic and Memphis Grizzlies (More) | USA Track and Field championships begin today from Eugene, Oregon; see complete schedule (More)
Science & Technology
> Joint US-India mission to deploy satellite capable of capturing changes on the Earth's surface with resolution of a single centimeter; NISAR mission can image the same spot on Earth every 12 days (More) | The history of NASA (1440 Topics)
> Chronic disrupted sleep modifies blood vessels in the brain known as pericytes, can lead to impaired cognitive function and higher dementia risk (More)
> Dormant cancer cells can be reawakened by viral respiratory infections, including the flu or COVID-19; study suggests acute inflammation in the lungs may trigger cells to reactivate (More) | How alcohol leads to cancer (1440 Topics)
Business & Markets
> US stock markets close mixed (S&P 500 -0.1%, Dow -0.4%, Nasdaq +0.2%) (More)
Federal Reserve keeps interest rates steady for fifth consecutive meeting, faces dissents from two officials seeking rate cuts (More) | The US economy grew at an annual rate of 3% in Q2, a better-than-expected pace (More)
> Microsoft tops $4T in market cap in after-hours trading after beating Q4 earnings and revenue; reports revenue from Azure and cloud services for first time, with sales exceeding $75B for fiscal 2025 (More) | Meta shares rise over 10% in after-hours trading after topping Wall Street estimates, raises full-year forecast (More)
> Ford says Q2 results took $800M hit from tariffs (More) | Robinhood beats Q2 earnings and revenue, saw revenue rise 45% year over year to $989M (More) | What is retail trading? (1440 Topics)
Politics & World Affairs
> Evacuations in Hawaii downgraded, with tsunami threat to US West Coast receding after 8.8-magnitude earthquake struck Russia's Kamchatka Peninsula; earthquake is tied as sixth strongest ever recorded and biggest since 2011 quake that hit Japan (More) | See photos of the aftermath (More)
> Texas Republicans release proposed new congressional map aimed at flipping five Democratic seats by redrawing district lines in Austin, Dallas, Houston, and South Texas (More) | US Senate Democrats invoke rare "Rule of Five" to force Justice Department to release Jeffrey Epstein files (More)
> Canada to recognize a Palestinian state in September, Prime Minister Mark Carney says (More) | Brown University reaches deal with Trump administration to restore over $500M in funding, resolve nondiscrimination review findings (More)
SOURCE: 1440 NEWS
August 2025 Begins
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We are now in the month of AUGUST 2025 for both the first and last time. As each second, minute, hour, day, and week goes by, it will never be visited again unless it is through records, photos, or digital memories.
What is unique about AUGUST 2025?
Nothing...
It is just another month just like any other month.
For some, it is the start of school.
For others, it is the last month of summer.
For me, August of increased humidity, rain, and trying to find a window where the lawn can be mowed without having to rack up grass cuttings.
For my wife, August is just another warm month that she can spend out in the sunroom reading her romance novels or watching her Korean movies.
She was one of the first fans of the musical group BTS and began watching Korean Drama when several members of the group decided to fulfill their military obligations.
But...
back to August 2025...
When I was growing up in Alexandria, Virginia, when August rolled around, we knew that we only had one more complete month of summer vacation.
Unlike today, summer vacation was between the Memorial Day and Labor Day holidays.
The summer was originally shortened because teachers wanted more money and in order to get that extra money, they had to agree to extend the school year.
Many of our decisions, as you well know, revolve around MONEY...
16 High-Fiber Breakfasts to Prep the Night Before
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Credit: Photographer Victor Protasio, Food Stylist Chelsea Zimmer, Prop Stylist Hannah Grennwood.Wake up to an easy breakfast when you prep one of these dishes the night before. From overnight oats and chia puddings to muffins, these make-ahead recipes are a delicious way to start each day. Plus, each serving offers at least 3 grams of fiber to help you feel full for longer, support your heart health, promote healthy digestion and more. Tackle the day ahead with flavorful and filling dishes like our Peaches & Cream Overnight Oats and High-Protein Strawberry Muffins.
Thursday, July 31
Headlines
Roberto Schmidt/Getty Images
Trump made several new tariff announcements. The big red tariff button on the Oval Office desk was smashed multiple times yesterday as President Trump revealed a slew of new trade policies. First, he slapped a 25% tariff on India, plus a “penalty” for the country buying energy and military equipment from Russia. He later hit Brazil with an added 40% tax, partly in retaliation for what he claims is a “witch hunt” against former President Jair Bolsonaro. Trump ended the day by slapping a 50% tariff on all copper imports and then revoking the de minimis exception, which exempts packages worth less than $800 from tariffs, for all countries (he had suspended the provision for packages just from China and Hong Kong in May). The president also said he will not extend tomorrow’s deadline for his reciprocal tariffs to restart on countries that have not made new trade deals with the US.
Microsoft cloud revenue is soaring. The House that Gates Built is as strong as ever, reporting fiscal fourth-quarter revenue that demolished Wall Street’s expectations, thanks to big-time growth in cloud computing. Microsoft’s cloud unit, which includes the Azure platform, generated nearly $30 billion in revenue last quarter, up by 26% from the same period a year ago. Azure produced more than $75 billion in fiscal 2025, Microsoft said—the first time the tech giant has disclosed Azure’s numbers. Microsoft shares were up 20% prior to yesterday’s earnings report and then jumped another 7% in after-hours trading.
High Noon recalled some vodka seltzer drinks mislabeled as Celsius. In what amounts to a “Who’s on First?” routine for drinks you’d find at a post-senior prom party at the Jersey Shore, High Noon announced it was voluntarily recalling its Beach Variety 12-packs after its supplier accidentally labeled them as Celsius energy drinks, which do not contain alcohol. “Consumption of the liquid in these cans will result in unintentional alcohol ingestion,” the company said. The mislabeled packs were sent to stores in New York, Florida, Michigan, Virginia, South Carolina, Ohio, Oklahoma, and Wisconsin between July 21 and July 23. You either die a spiked seltzer or live long enough to see yourself become Four Loko.—AE
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