Michael Burry, a well-known hedge fund manager who predicted the 2008 crash, sold most of his stocks beside one. He invested in the private prison operator GEO Group, buying over 500,000 shares of the company.

Walmart stock is up by more than 5% due to the company's business stabilization after surging inflation. Walmart's CFO, John David Rainey, sees changes in consumer behavior due to high inflation. He thinks these problems will persist throughout 2022 but is optimistic about the year 2023.

Irwin Simon, CEO of Tilray, sees a huge opportunity in U.S. cannabis market. Simon specified that 93 % of adults want cannabis used legally in pharmacy and medicine, while 63% want it legally for adult use. According to Simon, once fully legalized, the market in U.S. could see staggering growth.

Peloton, American exercise equipment and media company, announced to its employees that it will cut about 780 jobs, while also closing several retail stores. Moreover, the company will increase prices of some of its equipment. While the number of stores to be closed remains unknown, Peloton informed that this "aggressive" plan starts in 2023.

Elon Musk has only recently challenged Parag Agrawal, CEO of Twitter, to a public debate. The main topic of the debate would be the bots and their presence on the social media platform. While it is unlikely for the debate to take place, it would be without any doubt a very popular and watched event.

Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36% decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.

In July 2022, the annual inflation rate in the UK reached 10.1 percent, a new 40-year high that was far higher than analysts had predicted. Additionally, there is growing evidence that the Bank of England will continue its aggressive tightening policy to limit rising prices.

In the second quarter, the three biggest US publicly traded Bitcoin mining companies (Core Scientific, Marathon Digital Holdings, and Riot Blockchain) suffered losses of more than $1 billion. This comes as a result of the massive decline in crypto prices.

Michael Burry, a well-known hedge fund manager who predicted the 2008 crash, sold most of his stocks beside one. He invested in the private prison operator GEO Group, buying over 500,000 shares of the company.

Alphabet, the parent company of Google, is slowly entering the blockchain space. Over $1.5 billion has reportedly been invested by Alphabet in four blockchain and cryptocurrency companies. Alphabet has made investments in Voltage, the Digital Currency Group, Dapper Labs, Fireblocks, and more.

Walmart stock is up by more than 5% due to the company's business stabilization after surging inflation. Walmart's CFO, John David Rainey, sees changes in consumer behavior due to high inflation. He thinks these problems will persist throughout 2022 but is optimistic about the year 2023.

PayPal has finished integrating cryptocurrency services completely. The platform now allows users to buy, sell, and transfer BTC, BCH, ETH, and LTC via PayPal. Users can also choose cryptocurrency at checkout for qualified purchases.