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Top stories today:
1. WeWork says “substantial doubt exists” about the company's existence
2. LK-99 “not a superconductor”, says University of Maryland group
3. Whatsapp launches Screen Sharing on mobile and desktop
4. Lyft revenue only +3% to $1.02B as revenue per rider was -5%
5. Stability AI launches StableCode, open source LLM for coding
6. China falls into deflation in July: CPI -0.3% YoY, PPI -4.4%

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. WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

WeWork.

WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

0. Data and calendar

1. WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

Keep reading

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model

Grok 4.6 debuts as SpaceXAI takes on OpenAI, Anthropic

CoreWeave +18% as Q2 revenue +112% YoY to $2.6B, backlog reaches $104B

WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

0. Data and calendar

1. WeWork says “substantial doubt exists about the Company’s ability to continue”, as net margin is at -47%

Subscribe to keep reading

Keep reading

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model

Grok 4.6 debuts as SpaceXAI takes on OpenAI, Anthropic

CoreWeave +18% as Q2 revenue +112% YoY to $2.6B, backlog reaches $104B