๐ฅ Read this must-read post from Business News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: Nike On Tuesday, it reported quarterly profit and revenue that beat Wall Street expectations, despite another decline in sales in its main market of China.Here's what Nike reported for its fiscal fourth quarter compared to analyst expectations, according to LSEG consensus estimates: EPS: 20 cents were revised versus 13 cents expectedprofit: $10.97 billion versus $10.86 billion expectedNike shares fell as much as 8% in extended trading Tuesday before recouping much of the losses.The company said gross margin rose 8.9% during the quarter, largely due to…
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**What Youโll Learn**: AI changes rewrite economics because codebases with clear, common patterns get more leverage than proprietary or inconsistent systems. My view on software rewrites has changed because of AI. The quality of AI output isn't determined solely by your prompt. It's determined by what the model already knows from training data, and the context you give it to work with. For coding tasks, most of that context is the codebase. Popular tech stacks have an AI advantage because the model has seen millions of examples, including…
๐ Explore this insightful post from Business News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: Lamborghini Urus SE Performante.Courtesy LamborghiniLamborghini on Wednesday unveiled a new hybrid performance model for its Urus SUV, as the Italian automaker continues to rely on gas and electric vehicles after abandoning its plans for pure electric vehicles.The Urus SE Performance features more aggressive exterior styling, including a larger grille and hood scoops, as well as interior improvements over current models of the SUV. Lamborghini describes the new Urus SE Performanceante as โthe worldโs fastest super-SUV,โ capable of doing 0 to 100 kilometers per hour, or…
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**What Youโll Learn**: Issue 24 of Works in Progress has now arrived with subscribers. Sign up here to receive this issue, plus another every two months โ straight to your door.One of the most expensive projects in history is under construction in Abilene, Texas. This joint venture, Stargate, is the flagship of a bigger project by the same name led by OpenAI and Softbank, and is expected to cost well over $40 billion for a high-performance computing campus that will train new generations of AI models.Stargate is just…
๐ฅ Explore this awesome post from Hacker News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: Grok 4.5 landed this week with xAI calling it their smartest model yet, "trained alongside Cursor" for coding and agentic work. The internet's favorite way to vibe-check a new coding model is the build-off: hand it one prompt, see what app it spits out, post the clip. So we did it, but properly. We gave Grok 4.5, GPT-5.5, Claude Opus 4.8, and Claude Fable 5 the exact same three prompts: build a single self-contained HTML file (no libraries, no network calls) for an interactive app.…
๐ Check out this trending post from Business News ๐ ๐ **Category**: ๐ **What Youโll Learn**: A view of a Toyota RAV4 Hybrid is displayed before the game between the Washington Nationals and Tampa Bay Rays against the Nationals Park on April 03, 2023 in Washington, DC. (J.Fiumi | Getty ImagesDETROIT โ U.S. auto sales in the second quarter are turning into a story of the haves and have-nots, as automakers with hybrid models outperform those without amid rising gas prices and declining demand for all-electric vehicles. Global hybrid leader toyota motor On Wednesday, it reported a 1.1% increase in…
โจ Explore this awesome post from Hacker News ๐ ๐ **Category**: ๐ **What Youโll Learn**: A host connects to your network. It looks like part of your fleet, but is it really? It runs your software, or at least enough of it to start serving traffic. It quacks like a duck. But whatโs on the inside?Iโm surprised ChatGPT agreed to make that one.But seriously. How do you know that your data isnโt sitting on a compromised stack? How do you know that you arenโt trying to schedule workloads on an attacker controlled machine? How do you know any of your…
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**What Youโll Learn**: A worker at a Ford truck plant in Kentucky on April 30, 2025.Michael Weiland | CNBCThe U.S. auto industry is entering a new phase of uncertainty as the Trump administration said the U.S.-Mexico-Canada trade agreement will not be extended by Wednesday, setting off what could be a years-long review process or the expiration of the agreement if an agreement is not reached by 2036.The United States-Mexico-Canada Agreement, which replaced the North American Free Trade Agreement, was created during President Donald Trump's first term in 2020,…
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**What Youโll Learn**: July 8, 2026 I use LLMs a lot. By current dev standards, my usage rate is probably average, and my methods are probably primitive. I work on one task at a time and discuss it with Claude Code (at work) or Codex (at home, for now). Sometimes, I let the assistant write code, but I read the output thoroughly, understand it, and revise it. Iโm not in the deep end of autonomous agents or agent orchestration. Still, I spend hours each day interacting with LLMs…
๐ฅ Discover this insightful post from Business News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: Jeff Bezos attends the Viva Technology Expo at Parc des Expositions on June 17, 2026 in Paris, France.Chesnot | Getty Images Entertainment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Thanks to Jeff Bezos, the summer is off to a strong start for investment companies for the ultra-rich. In June, Amazon The founder's family office has made five direct…
