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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

Alibaba’s Qwen3.8 Max 2.4T AI model debuts in preview, trails only Anthropic’s Fable 5

Kimi K3 debuts as world’s largest open AI model from China, closing in on U.S. rivals

Thinking Machines debuts Inkling, top U.S. open-weight AI model

OpenAI’s first device said to be movable, screen-free AI companion speaker

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

Alibaba’s Qwen3.8 Max 2.4T AI model debuts in preview, trails only Anthropic’s Fable 5

Kimi K3 debuts as world’s largest open AI model from China, closing in on U.S. rivals

Thinking Machines debuts Inkling, top U.S. open-weight AI model

OpenAI’s first device said to be movable, screen-free AI companion speaker