😅 Ok you survived last week

😱 Now let's get ready for Wednesday's CPI

If you’re an investor and you start hearing about rumblings in the forex market, it’s rarely good news. The Japanese Yen spiked 10%+ in the past month and rattled global markets this week.

Yesterday, we explained how the Forex market works and showed readers exactly what’s happening in Japan.

"Behind-the-scenes" tech for complex tasks

AvaWatz combines Collaborative AI + robotics

With all the hype around AI and robots, there's a misconception that robots just work on their own.

They don't. To get the job done, robots need to:

  1. Interpret data from sensors

  2. Communicate the appropriate action

  3. Overcome obstacles when stuff goes wrong (which is all the time)

Sounds simple! But in the real world it gets complicated, fast.

​AvaWatz​ develops systems that work together to do complex tasks. This is known as collaborative AI.

One use-case is airport safety. AvaWatz robots can detect small but harmful junk on airport runways.

See here:

There are a bunch of applications for this. Defect detection on power lines. Enhancing medical imaging analysis. All sorts of precision training.

Why Invest in AvaWatz?

  • Innovative: AvaWatz enables multiple systems to collaborate seamlessly, and complete intricate tasks with precision and reliability.

  • Versatile: Their tech can be applied across multiple industries, from logistics and manufacturing, to security and inspection.

  • Scalable: The platform’s modular design allows for easy scaling.

  • High growth potential: The market for autonomous systems is rapidly expanding.

  • Proven expertise: The team behind AvaWatz brings extensive experience in AI and autonomous technology.

​Invest in collaborative robotics with AvaWatz​. They're pushing the boundaries of what autonomous systems can achieve.

📰 Market Headlines

  • Wall Street braces for crucial inflation data after a week of wild swings driven by recession fears.

    • The S&P 500 had its worst and best single-day performances this year, dropping 3% Monday and rising 2.3% Thursday.

    • July's CPI report, due Wednesday, is expected to show annual inflation holding steady at 3%.

  • Vice President Kamala Harris pledged to eliminate taxes on tips, which matches a proposal by former president Donald Trump.

  • Restaurant CEOs have begun focusing on value deals to attract customers, as food-away-from-home prices have risen 27% since 2019.

  • The Paris Olympics concluded Sunday, with the US topping the medal table and Los Angeles set to host in 2028.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

What you had to say:

“When has bullying EVER ended in a good resolution for anyone?”

📈 Trends you need to know

The US unemployment rate has been steadily increasing in 2024.

🧠 What do you think?

Both Dell and Stellantis announced major layoffs Friday.

How do you feel about the US job market

Login or Subscribe to participate in polls.

📊 Stocks

Get $20 free shares at ​public.com​ using code ALTSCO.

Winners and losers

Earnings, upgrades, and acquisitions

Another week, another slew of earnings. Here’s who’s on deck:

  • Monday: Rumble (RUM)

  • Tuesday: Home Depot (HD), On Holdings (ONON)

  • Wednesday: Brinker International (EAT), Canoo (GOEV), Cisco (CSCO), Dole (DOLE), UBS (UBS)

  • Thursday: Applied Materials (AMAT), Alibaba (BABA), JD.Com (JD), Deere & Company (DE), H&R Block (HRB)

Market movers

  • Meta won a censorship lawsuit filed by Children's Health Defense, the anti-vaccine group led by Robert F. Kennedy Jr.

  • US auto safety regulators launched a probe into over 330,000 Hyundai SUVs over possible seat belt defects.

  • JPMorgan Chase moved to dismiss its lawsuit against Russia's VTB Bank, citing pressure from a Russian court injunction.

  • The SEC settled fraud charges against Ideanomics Inc., its CEO, and two former executives for misleading financial reports from 2017 to 2019.

  • Stellantis announced plans to lay off 2,450 workers at its Warren Truck plant.

  • Dell initiated significant layoffs in an AI-driven restructuring, aiming to reduce its workforce to around 100,000.

Ideas, trends, and analysis

  • Mortgage rates fell to 6.47%, the lowest in over a year.

  • Over 100 US cities now have starter homes priced at $1 million or more, reflecting a 54.1% price surge over the past five years.

  • US-Mexico border crossings dropped to their lowest since late 2020 after a crackdown.

Recommended Newsletter

🌍 Global Perspectives

  • 🇮🇱 Israel has issued mass evacuation orders in Khan Younis, displacing tens of thousands overnight.

  • 🇺🇸🇮🇷 The US has publicly deployed a guided missile submarine to the Middle East amid escalating tensions with Iran.

  • 🇷🇺 Ukrainian forces launched an incursion into Russia’s Kursk region, with fighting going into its sixth day.

  • 🇮🇷 Iran’s new president nominated diplomat Abbas Araqchi as foreign minister.

  • 🇷🇼 Rwanda’s President Kagame was sworn in for another five-year term after winning 99.18% of the vote.

📊 Crypto

Bloody Sunday

  • Global crypto trading volumes surged 19% in July, hitting $4.94 trillion.

  • PayPal's PYUSD stablecoin market cap surged 150% after Solana expansion.

  • Donald Trump Jr. announced plans to launch a DeFi platform to tackle banking inequality.

🧠 Errata

  • The HarrisWalz.com domain sold for $15,000 after Vice President Kamala Harris announced Tim Walz as her running mate.

  • Steph Curry’s clutch 3-pointers secured another Olympic basketball gold for the US.

  • Scientists suggested warming Mars with heat-trapping glitter—because who wouldn’t love a sparkly red planet?

  • A shirtless man's ill-timed climb up the Eiffel Tower led to an evacuation just hours before the Olympic closing ceremony.

📺 What to Watch Today

Is this the newest Olympic sport?

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

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