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Leopold Aschenbrenner’s $45 Billion AI Bet Ends With Massive Sell-Off
Leopold Aschenbrenner’s Situational Awareness LP sold its entire public stock portfolio in a single block trade on Thursday, July 30, 2026, after July’s AI selloff gutted the fund. Ken Griffin’s Citadel purchased the positions, which represented roughly two-thirds of the firm’s total holdings, according to CNBC. The fund had grown to as much as $45…
Mammut Sold to Chinese Firm CPE for Up to €500M on July 31
Chinese investment firm CPE acquires Swiss outdoor brand Mammut from Jacobs Capital for up to €500 million. Headquarters remain in Aargau; CEO Heiko Schäfer stays in place.
NASA’s Mars Rover Uncovers Unprecedented Honeycomb Landscape on Mars
NASA’s Curiosity Mars rover has uncovered its largest-ever field of honeycomb-textured polygons, stretching as far as its cameras can see. The discovery came while the rover climbed a Martian valley nicknamed “Valle Grande” on June 19 and 20, 2026. Each polygonal fracture measures roughly 1.5 to 3 inches, or 4 to 8 centimeters, across, wrapping…
Amazon Stock Jumps After Company Raises 2026 Capex to $220 Billion
On July 31, 2026, Amazon shares climbed after the company announced plans to increase its 2026 capital spending to $220 billion, reflecting a larger commitment to artificial intelligence and cloud infrastructure. The announcement came alongside stronger-than-expected quarterly earnings and solid growth in Amazon Web Services (AWS), easing investor concerns about higher spending. With competition in…
Japan to Launch Low-Income Support in 2029, Food Tax Cut Planned for April 2027
Japan plans a new income-based benefit system for low- and middle-income workers in 2029 and will cut food consumption tax to 1% for two years starting April 2027, with annual funding of 5 trillion yen.
US Missile Costs Hit $40M Per Shot as Iran War Bill Soars to $53.6B
US Defense Secretary Pete Hegseth puts Iran war costs at $53.6 billion AUD, driven by expensive missile interceptors costing $40 million each. Pentagon has used over 100 SM-3 missiles in five months.
US DOJ Charges 12 in $90M Fraud Sweep Across Southeast
DOJ charges 12 people in $90M fraud scheme across Southeast. Seven states sign data-sharing agreements to combat SNAP, tax credit, and housing benefit fraud.
Greater Manchester Votes for New Mayor as 2 Million Choose Burnham’s Successor
Greater Manchester holds its biggest mayoral by-election with 2 million voters choosing Andy Burnham’s successor. Labour’s Bev Craig leads polls by 20 points ahead of Friday’s count.
Thousands Breach Ceuta Border as Spain Deploys Military, Italy Demands Schengen Action
Spain deploys military to Ceuta after thousands of migrants breach the border from Morocco. Italy calls for Spain’s removal from Schengen. At least 9 people died in the crossing attempt.