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Top stories today:
1. U.S. GDP grew at 2.4% in Q2, above expectations of 1.8%
2. Tirzepatide achieves record 26% weight loss in 88-week clinical trial
3. ECB follows Fed and raises rates by 25 bps
4. Japan removes 10-year yield cap of 0.5%, rates jump to 0.57%
5. AI: paper shows all current LLMs can be jailbroken to answer any questions

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

0. Data and calendar

1. U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

Keep reading

Trump attacks Anthropic CEO for urging AI slowdown, dismisses takeover fears as “hoax”

Anthropic, OpenAI push to slow frontier AI development as Microsoft backs “deliberate pacing”

Anthropic says it disrupted Claude misuse for cyberattacks, bioweapons research

Apple’s iPhone Duo debuts as its first foldable, with 7.6” inner display, A20 Pro chip

U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

0. Data and calendar

1. U.S. GDP grew at 2.4% in Q2, above expectations of 1.8% and delaying recession worries

Subscribe to keep reading

Keep reading

Trump attacks Anthropic CEO for urging AI slowdown, dismisses takeover fears as “hoax”

Anthropic, OpenAI push to slow frontier AI development as Microsoft backs “deliberate pacing”

Anthropic says it disrupted Claude misuse for cyberattacks, bioweapons research

Apple’s iPhone Duo debuts as its first foldable, with 7.6” inner display, A20 Pro chip