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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

Google’s Gemini 4 Argon rolls out to trusted cyber defenders through Fairwind

OpenAI said to seek $30B at ~$1.4T in pre-IPO bridge round, topping Anthropic

OpenAI’s GPT-6.1 Astra public launch scrapped after missing safety bar

OpenAI, Anthropic said to probe tens of thousands of frontier AI security incidents

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

Google’s Gemini 4 Argon rolls out to trusted cyber defenders through Fairwind

OpenAI said to seek $30B at ~$1.4T in pre-IPO bridge round, topping Anthropic

OpenAI’s GPT-6.1 Astra public launch scrapped after missing safety bar

OpenAI, Anthropic said to probe tens of thousands of frontier AI security incidents