Tesla is now adding an average of 2,800 FSD subscribers per day, a record high. Overall, Tesla is now generating $92 million per month, or $1.1 billion per year, from FSD subscriptions.

Brands and media companies are now generating campaigns and entertainment with video gen models, but for now it's mostly happening in China 122,000 AI-generated short dramas went online there in Q1 alone. The short drama market now pulls in roughly double what their entire box office does. The cost per minute fell from ~$2,100 to $140 in eighteen months and the models just keep getting better. Made this video with seedance 2.0 and nano banana pro

is now generating more revenue separately than @HyperliquidX and even @solana The interesting part is who is generating that revenue. I think the market is underestimating the monetization optionality of Pump’s user base. Today, the average user is buying $10–100 lottery tickets. If Pump can convert even a fraction of these users into higher-value products, ARPU could increase significantly. Hyperliquid has an incredible business, but its users are already much closer to peak monetization. @Blockworks data

Ms. Rachel is calling a Florida youth soccer dispute “racist,” but police bodycam footage tells a different story. The children’s YouTube star says she’s “LIVID” over claims that officers were called on a 3-year-old Black soccer prodigy because he was too good at the game. But footage obtained by @outkick shows a league official telling police that the boy’s parents caused a disturbance after their son was held out to give other children more playing time. Ms. Rachel’s post remains up, and she has not responded to requests for clarification. The controversy is now generating tens of thousands of dollars. See the latest development in the full story:

Sometimes money sent home becomes something much bigger. In Jamaica, it helped start a goat farm. "My Nephew was unemployed, so I started [sending money for him to start] a goat farm to generate his own income. The goat farm also helps other young men in the community because they are also employed on the farm. They are being paid to cut grass for the animals and also to keep the goat pen clean on a daily basis. This goat farm business is very important to my nephew because he’s now generating his own income. So, it is a life changing experience." MoneyGram customer, U.S. -> Jamaica

BYTEDANCE REVENUE SURGES 30% TO $120B, BUT AI SPENDING HITS PROFITS ByteDance generated roughly $120 billion in revenue during the first half of 2026, up about 30% YoY, while net profit declined by a single-digit percentage to $20 billion as AI investment weighed on earnings. The TikTok parent is now generating revenue at roughly the same scale as Meta, which reported $117 billion during the same period. TikTok and ByteDance’s other overseas businesses accounted for more than 30% of total revenue, supported by growth in international advertising and e-commerce. The overseas share was about 25% two years ago. At the same time, ByteDance is spending aggressively to compete in AI. The company is developing its own large language, video and inference models, expanding its AI cloud business, building an inference chip and pushing products including Doubao, Seedance and Doubao Work. ByteDance recently borrowed around $30 billion from banks, its largest-ever loan, as its AI infrastructure requirements continue to grow. Despite comparable first-half revenue, ByteDance’s estimated secondary-market valuation of $630 billion remains well below Meta’s roughly $1.7 trillion market capitalization. Source: The Information

Morgan Stanley Upgrades $HOOD to Overweight, Raises PT to $150 from $124 Analyst comments: "We see increasing evidence that broader product capabilities are improving the economics of HOOD’s installed customer base, supporting more assets per customer, more activity per customer, and greater economics captured per activity. While investors increasingly recognize HOOD’s accelerating product velocity and expanding TAM, we think the less appreciated opportunity is how these products are changing the economics of the existing customer base and extending the duration of growth. Rather than relying primarily on funded-account growth or a stronger retail trading environment, HOOD increasingly has multiple ways to grow revenue from its 28m customers already on the platform. A broader wealth offering supports greater wallet consolidation, active trader capabilities and prediction markets increase engagement, while Rothera creates scope to retain more of the economics generated by that activity. HOOD has made substantial progress broadening the platform, with 13 business lines now generating $100m+ of annualized revenue, while newer businesses across retirement, banking, credit card, advisory, and prediction markets continue to scale, and a host of other initiatives that remain nascent or on the come offer additional growth vectors across the value chain." Analyst: Michael Cyprys