Good evening!

If you’re a Nvidia shareholder, congrats! If you’re a Reddit user or Google lawyer, sorry you had a rough day.

Here are the 7 things you missed today:

1.  🔥 Nvidia Reported +122% Sales in Q2

It’s a great day to be a Nvidia shareholder. The AI chipmaker has yet again exceeded Wall Street’s expectations with its fiscal Q2, reporting sales of more than $30 billion (+122% YoY) with profits more than doubling to $16.6 billion. Shares of Nvidia are up a whopping 154% this year.

Read more here →

2.  🤑 If You're Making over $100k, You're Overpaying Taxes…

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3. 🏛️ Yelp is Suing Google For Antitrust Violations

I guess this counts as a bad review? Yelp has (finally) filed its own antitrust lawsuit against Google less than a month after a federal judge ruled Google as an illegal monopolist. Expect more lawsuits against the search giant with the DOJ’s landmark decision opening up the gates.

Read more here →

5. ⚫️ Reddit Also Had a Major Outage

If you were procrastinating at work today trying to scroll Reddit, you may have been stopped by a major outage. More than 150k users were reporting outages this afternoon. Reddit reported a “degraded status” and has since worked on implementing a fix.

Read more here →

6.  🖌️ Google’s AI Might Try To Make Humans Again

You may recall back in May, Google rolled out image generation to its Gemini AI model. It went so poorly – due to historically inaccurate racial depictions – that Google rolled back the feature. The tech giant has recently made a new version of the Imagen model available in the Gemini Labs test environment, suggesting the feature may be coming back.

Read more here →

7.  🤷 CrowdStrike Will Spend $60M On Outage Compensation

Turns out, an Uber Eats gift card just doesn’t cut it. Cybersecurity firm CrowdStrike said it anticipates it will give customers affected by its major July outage about $60 million in credits for the rest of the year as compensation for the trouble.

Read more here →

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