Business

Companies and Earnings, Markets and Trading, Mergers and Acquisitions and Corporate Strategy.

  1. Chinese AI labs have released open-weight models. Moonshot AI raised $2 billion, achieving a valuation of $20 billion, according to reports.

  2. The Friend pendant and OpenAI's screenless speaker highlight a growing trend in personal AI devices, emphasizing seamless, unobtrusive communication.

  3. A map details 116,084 ALPR cameras across the US, with Flock Safety devices comprising over 82%, according to community data.

  4. AWS has launched new frontier agents and invested $1 billion in AI deployment, enhancing automation and operational efficiency for enterprises.

  5. The House passed a defense bill restricting humanoid robots from China, Russia, and Iran, reflecting national security concerns, according to reports.

  6. The US imposed tariffs of 10% to 12.5% on imports from 60 economies due to forced labor concerns, effective July 23, 2026, according to officials.

  7. General Motors is enhancing defense manufacturing through new partnerships, including a recent agreement with Lockheed Martin, according to reports.

  8. A report indicates wire fraud losses in real estate reached $446.1 million in 2022, according to published data. Data brokers contribute to risks.

  9. A recall covers iceberg lettuce distributed from June 29 to July 16, 2026, according to the FDA. The outbreak involves 1,644 reported infections.

  10. The cost of AI models has significantly decreased, with Meta's Muse Spark 1.1 priced lower than competitors, reflecting a competitive market shift.