Making 1.9million impressions on a Sunday is not a small feat.
$M Earnings:
- Macy’s, Inc. net sales of $4.9 billion increased 1.1% versus last year.
- Macy’s, Inc. comparable sales1 rose 2.7%, with go-forward comparable sales up 2.8%.
- Macy’s comparable sales rose 1.1%, with a 1.9% increase for Reimagine 200 stores.
- GAAP diluted EPS was $0.62, up 100%; Adjusted diluted EPS was $0.63, up 14% versus last year excluding a $0.23 net tariff refund benefit.
- Bluemercury comparable sales increased 6.2%.
- Bloomingdale’s comparable sales increased 11.3% and achieved its highest second-quarter sales volume in the brand’s history.
“Our second-quarter performance builds on the progress our colleagues have consistently delivered through our Bold New Chapter strategy,” said Tony Spring, chairman and chief executive officer of Macy’s, Inc. “The investments we're making are driving results across our portfolio, from the continued outperformance of our Reimagine 200 Macy’s stores, to meaningful double-digit growth at Bloomingdale’s and another solid quarter at Bluemercury. As we enter the second half of the year, we remain focused on scaling what is resonating most with customers – exciting brands and assortments and compelling events and experiences. Combined with disciplined execution, we expect these efforts to continue to build a durable foundation for sustainable, profitable growth.”
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Anthropic says Claude found a previously undescribed enzyme system in bacteriophage DNA.
One research brief, a database of 1.9 billion protein clusters, roughly 950 agent sessions running 21 hours & consuming about 210 million tokens.
The system is called ART: array-associated reverse transcriptase & has three parts: the enzyme, a partner gene of unknown function, & an array of 3 to 21 evenly spaced DNA repeats.
The repeat layout is what drew the CRISPR comparison. In CRISPR, an array like that stores RNA guides, which is what makes the system programmable.
Now the caveats, which matter more than the headline.
The enzyme itself wasn't actually new, earlier studies had identified it.
What's new is the recognition of the array & the partner protein alongside it. Nobody knows what ART does.
Lab work confirmed the array is expressed as several short RNAs & that's where the biology currently stops.
No demonstrated function, no gene-editing capability, preprint not peer-reviewed.
Feng Zhang, one of CRISPR's pioneers, reviewed it & called the finding intriguing & worth further investigation, which is a careful scientist's phrasing, not an endorsement. Other researchers have been less impressed. 🤷♂️
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BREAKING: Institutional investors bought +$4.1 billion in US equities in the week ending September 18th.
This marks their 3rd weekly purchase over the last 4 weeks.
As a result, the 4-week average of institutional purchases rose to +$2.9 billion.
At the same time, hedge funds purchased +$1.2 billion, bringing their 4-week average of purchases up to +$1.6 billion.
Meanwhile, retail investors sold -$2.2 billion last week, posting their 8th consecutive weekly sale.
Retail investors have now sold an average of -$1.9 billion in US equities per week over the last 4 weeks.
Institutions are buying while retail is selling.
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BREAKING: Strategy sold an additional 1,638 $BTC last week, cutting holdings to 843,138 bitcoin.
The company sold at an average of $63,957 against an average cost basis of $75,419, and now carries roughly $10.9 billion in paper losses.
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META GREW ITS QUARTERLY GROSS PROFIT BY 1,612% OVER THE LAST 11 YEARS
Here is a history of how much Gross Profit Meta Platforms $META has brought in every quarter since 2015
Q1 2015 - $2.9 Billion
Q2 2015 - $3.4 Billion
Q3 2015 - $3.8 Billion
Q4 2015 - $5 Billion
Q1 2016 - $4.5 Billion
Q2 2016 - $5.5 Billion
Q3 2016 - $6 Billion
Q4 2016 - $7.8 Billion
Q1 2017 - $6.9 Billion
Q2 2017 - $8.1 Billion
Q3 2017 - $8.9 Billion
Q4 2017 - $11.4 Billion
Q1 2018 - $10 Billion
Q2 2018 - $11 Billion
Q3 2018 - $11.3 Billion
Q4 2018 - $14.1 Billion
Q1 2019 - $12.3 Billion
Q2 2019 - $13.6 Billion
Q3 2019 - $14.5 Billion
Q4 2019 - $17.6 Billion
Q1 2020 - $14.3 Billion
Q2 2020 - $14.9 Billion
Q3 2020 - $17.3 Billion
Q4 2020 - $22.9 Billion
Q1 2021 - $21 Billion
Q2 2021 - $23.7 Billion
Q3 2021 - $23.2 Billion
Q4 2021 - $27.3 Billion
Q1 2022 - $21.9 Billion
Q2 2022 - $23.6 Billion
Q3 2022 - $22 Billion
Q4 2022 - $23.8 Billion
Q1 2023 - $22.5 Billion
Q2 2023 - $26.1 Billion
Q3 2023 - $27.9 Billion
Q4 2023 - $32.4 Billion
Q1 2024 - $29.8 Billion
Q2 2024 - $31.8 Billion
Q3 2024 - $33.2 Billion
Q4 2024 - $39.5 Billion
Q1 2025 - $34.7 Billion
Q2 2025 - $39 Billion
Q3 2025 - $42 Billion
Q4 2025 - $49 Billion
Q1 2026 - $46.1 Billion
Q2 2026 - $49.5 Billion
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BREAKING: Global physical gold-backed ETFs attracted +27.1 tonnes in inflows last week, the 3rd largest weekly inflow since January.
Demand was driven by the US, at +15.9 tonnes, followed by Europe and Asia, at +6.5 tonnes and +4.6 tonnes, respectively.
In Dollar terms, investors bought +$3.9 billion, the 4th-largest weekly inflow since February.
This also marks the 11th consecutive weekly inflow.
Over this period, global gold ETFs have attracted +208.3 tonnes in inflows, bringing total gold ETF holdings to a record 4,250 tonnes.
Demand for gold ETFs remains remarkably strong.
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Tesla FSD billion-mile milestones:
• 1 billion: April 5, 2024 (~3.5 years)
• 2 billion: October 24, 2024 (202 days)
• 3 billion: January 2025 (~80 days)
• 4 billion: May 2025 (~120 days)
• 5 billion: August 2025 (~90 days)
• 6 billion: October 2025 (~70 days)
• 7 billion: December 27, 2025 (~70 days)
• 8 billion: February 18, 2026 (53 days)
• 9 billion: April 2, 2026 (43 days)
• 10 billion: May 3, 2026 (31 days)
• 11 billion: June 9, 2026 (37 days)
• 12 billion: July 17, 2026 (38 days)
• 13 billion: August 3, 2026 (17 days)
• 14 billion: August 31, 2026 (28 days)
With more global FSD adoption, these numbers are only going to accelerate.
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Prediction markets are hitting escape velocity.
Kalshi traded $41.1 billion in July, its biggest month ever.
That’s more than 5x Polymarket international's $7.9 billion.
The World Cup drove the surge in sports volume and pushed volume to a new all-time high.
Prediction markets are no longer a niche election product.
Sports are turning them into a mass-market trading venue.
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