Q2 GDP Advance Estimate: Real GDP At 1.5%, Lower Than Expected

Good morning. SpaceX and Amazon have become structural look-alikes, increasingly competing for the same profit pools in cloud computing, AI infrastructure, and satellite connectivity. Amazon, founded by Jeff Bezos, and SpaceX, founded by Elon Musk, now command a combined market value of roughly $4.5 trillion. In a new Fortune report, my colleague Amanda Gerut examines why…

For anyone who’s twiddled their way through several dozen hours of Halo or Grand Theft Auto, the newest Ikea home furnishings collection will probably look very familiar. The nine-item collection, named Yxstaby, is a collaboration between Ikea and Xbox focused on furniture and objects meant to be used by gamers. Several of the main design…

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US President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, DC, on Aug. 19, 2026. Jim Watson | AFP | Getty Images President Donald Trump said the U.S. will launch what he called the “most crushing economic operation ever taken against any country”…

Developers raised the alarm after discovering that Grok Build servers were getting way more data than anyone expected.