Block raises 2026 outlook on strong quarter, says AI touches nearly all code
Cash App and Square drove betterthanexpected results, while the company said it expanded its use of AI across software engineering. Source：Cointelegraph
Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off
“We can ship higherquality products much, much more quickly,” an executive said in the wake of the company’s betterthanexpected earnings report…
Sandisk’s stock falls as the company’s forecast doesn’t live up to high expectations
The midpoint of the company’s revenue forecast was below what analysts had been modeling. Source：MarketWatch
Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.
The S&P 500 has enjoyed an epic rally over the past five days — but the advance may be more mechanical and driven by options positioning, rather than by an…
Figma’s push into AI agents drives an earnings beat
Figma’s AI monetization strategy is showing promise as customers grow their AIcredit consumption on the platform. Source：MarketWatch
How parents can keep saving for retirement during the expensive childcare years
Young families are striving to do better but struggling with costs of living, including expensive childcare. Source：MarketWatch
Changing how Medicare pays for hospice care could save the U.S. $7.6 billion a year — but at what cost to patients?
The hospice industry argues that the current payment system allows for providers to create individual care plans that meet patients’ specific needs.…
Taxes are on the ballot this fall as Republicans and Democrats grow further apart on whether to raise them
Missouri voters rejected a bid to ditch the state’s income tax Tuesday, while big votes loom in Florida and California this fall. Source：MarketWatch
Senator Lummis still pushing for CLARITY vote before August recess
US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election…
Senate vote on the Protect College Sports Act could come this week: What it means for transfers and salary caps
Here’s how the Protect College Sports Act could impact the economics of college sports. Source：MarketWatch
Why AT&T, Verizon and T-Mobile shares are down after SpaceX’s earnings
SpaceX thinks it will be able to build wireless capabilities without massive network investments. Source：MarketWatch
Retail investors are buying the dip on SpaceX’s stock before more shares flood the market
Retail investors were doing what they do best on Wednesday: Buying the dip in SpaceX shares aggressively, even as the company’s stock sank after it released…