Wix acquired Base44 in June 2025 for $80M when it had ~$3M in ARR. Base44 is now at $150M in ARR, 11 months later. Wix stock is down 70% over the last year. Wild to think where it'd be without this acquisition.

BREAKING: The US Treasury posted a $120 billion deficit in June, a sharp deterioration from a $27 billion surplus in June 2025. This comes as government receipts dropped -$31 billion YoY, to $496 billion. The decline was largely driven by a surge in tariff refund payments after the Supreme Court ruled the tariff increases illegal, resulting in a -$26 billion net decline in customs duty receipts. At the same time, outlays surged +$117 billion YoY, to $616 billion. In the first 9 months of FY2026, the US deficit rose +$29 billion YoY, to $1.37 trillion, the 3rd-highest deficit at this point in the fiscal year in history. Over the same period, net interest expense rose +$78 billion YoY, to $827 billion, on track for the highest annual net interest expense on record. The US deficit crisis is accelerating.

TESLA MODEL Y SMASHES AUSTRALIAN SALES RECORD IN JUNE In June 2026, the Tesla Model Y delivered one of its strongest performances yet in Australia. Key June 2026 numbers: • Tesla sold 8,670 vehicles total — up 88.9% year-over-year • Model Y alone sold a record 8,072 units — up 133.5% from June 2025 • This beat the previous monthly record of 5,605 set just one month earlier in May The Model Y continues to dominate the Australian market, showing that a fully electric vehicle can not only compete with — but outperform — traditional gas and hybrid SUVs in real-world sales.