businessFriday, July 31, 2026
Apple's record quarter came with a warning of a 'hundred year flood' in memory chip pricing, signaling supply constraints ahead. Meanwhile, AI's appetite for copper and the fallout from AI stock losses are reshaping markets. It's a day of supply chain jitters and AI reality checks.
Apple's record quarter was overshadowed by a stark warning about memory chip prices, a sign that AI demand is straining the supply chain.
Tim Cook's final earnings call as CEO wasn't just a farewell; it was a warning that memory chip prices could surge like a 'hundred year flood'. This is a direct signal that AI demand is squeezing component costs, which will hit Apple's margins and device prices.
Apple's record June quarter masks the real story: supply constraints are coming, and they'll hit iPhones, Macs, and iPads. The company is bracing for a September quarter below expectations, a rare miss for the world's most valuable company.
AI's insatiable appetite for resources is colliding with real-world disruptions, from copper mines to power grids.
Copper is the new oil in the AI era, and Chile's storms are tightening an already stressed market. With demand from power grids and AI infrastructure soaring, this could push copper to new highs, raising costs for everything from electronics to construction.
Lightpath's 32% traffic growth is a concrete sign that AI inference is becoming a real network load, not just a hype story. Enterprises are acting on AI results in real time, which means bandwidth demand will keep climbing.
The AI boom is starting to show cracks, with a prominent AI investor forced to unwind positions and questions about Big Tech's spending.
Leopold Aschenbrenner's fund being forced to unwind is a stark reminder that AI stock bets can go wrong fast. The ripple effects, including Citadel buying his assets, show how interconnected the AI trade has become.
Pantalones Organic Tequila Partners With Yeti For a Custom Coolerbleedingcool.com
Amazon’s Zoox secures US federal approval for steering-wheel-free robotaxiswww.aljazeera.com
SpaceX bought Tesla Megapacks and $131 million worth of Cybertrucks, its IPO filing showswww.businessinsider.com
‘Spider-Man: Brand New Day’ Besting ‘No Way Home’s $50M U.S. Previews – Thursday PM Box Officedeadline.com
Sony Pictures Revenue Drops 13% in June Quarter, Music Sales Jump 21%variety.com
Insights from Former Nike and Red Bull Marketers on Community and Storytelling Marketingthird-news.comThink our basic rights are safe? In the age of oligarchs and corporate lobbying, think againwww.theguardian.com
The global assault on our freedoms is coming ever closer to home. Just look at the sinister prosecution of UK lawyer Rajiv Menon No more resistance in the US. The era of human rights is over, and dissent is once more forbidden. This is what certain billionaires and their concierg
Fifa to push ahead with consultation plan despite backlash and insists ‘nobody is selling football’www.theguardian.com
Body responds after Uefa’s World Cup boycott threat Claims ‘process disrupted by incorrect media reports’ Fifa has responded to the threat of boycott from European nations with a statement saying that “nobody is selling football”, while blaming the media for disrupting its consul
Anthropic Says Its A.I. Systems Broke Into Computers at 3 Organizationswww.nytimes.com
“Several of Anthropic’s state-of-the-art artificial intelligence models recently broke into the systems of three outside organizations, the start-up said on Thursday, a surprise revelation nine days after a similar incident at the rival start-up OpenAI.”
Three things we learned about AI from Big Tech earningswww.bbc.co.uk
Billions of dollars are being poured into a new wave of AI technology. But will it pay off?
Instead of selling his luxury boat company for millions, he invested in his employeeswww.cbsnews.com
Eddie Smith, the owner of Grady-White Boats, could have sold his business for hundreds of millions of dollars. Instead, he decided to turn the company over to a charitable trust.
Sainsbury’s sells Argos to Swift Partners retail specialistswww.independent.co.uk
The deal will include Argos standalone stores and those within Sainsbury’s shops.
BA parent company IAG suffers 35% drop in profits after fuel cost hitwww.independent.co.uk
The group reported pre-tax profits tumbling to 732 million euros (£627 million) in the three months to the end of June.
Behind WTW's AI number: what Neuron does, and how it stacks up against Aon and Marshwww.insurancebusinessmag.com
WTW's Propel plan grabbed the Q2 headlines. The more useful question for brokers is what's already live on its Neuron platform, and whether rivals are really behind
Drought grips Central Europe, disrupting nuclear power, shipping and agriculturewww.intellinews.com
Europe's worst drought in decades has brought shipping on parts of the Danube to a standstill, threatened nuclear power generation and exposed growing vulnerabilities as climate change pushes temperatures to unprecedented levels.
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