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While headlines haven’t turned positive yet, Dow Jones was up 2.7% last week, the S&P 500 rose 3.65%, and the Nasdaq composite was up 4.1%. In Canada, Bragg Gaming secured U.S.$8.7 million funding for Company’s further execution on its growth initiatives. Shopify announced a pair of leadership changes Thursday, with a new chief operating officer set to take over immediately and a new chief financial officer slated to begin in October. U.S.-listed Chinese stocks fell Monday amid lockdown restrictions on 65 million people. Shares of Getty Images shot up 13.4% in premarket trading Wednesday, after the visual content company said it signed a “multi-year” renewal agreement with Amazon. GameStop reported wider loss, and announced a partnership with crypto exchange FTX. Netflix is trying to better control rising cloud computing costs with longtime cloud partner Amazon Web Services as part of its efforts to reduce total expenses, the Wall Street Journal reported. Former Disney CEO Bob Iger said on Wednesday that the company estimated a “substantial portion” of Twitter users were “not real” back in 2016 when the entertainment giant was considering buying the social media platform. Apple picks Globalstar for emergency satellite service on iPhone 14. While people are hyped up about the Apple September event, Bloomberg‘s Mark Gurman is back with more information regarding the upcoming Mixed Reality headset. According to him, Apple is developing three new headsets code-named N301, N602, and N421. Uber partners with Nuro on food deliveries using autonomous EVs starting in the fall. Rocket Lab’s recycled booster engine fired flawlessly after an ocean landing. Amazon’s ‘Lord of the Rings’ TV series got a record 25 million viewers. Apple TV+ global market share surpasses 6%. Mercedes-Benz and Rivian partner to jointly build electric vans in Europe.

Last week, the Dow Jones was down 3%, the S&P 500 lost 3.3%, and the Nasdaq composite fell 4.2%. Cathie Wood’s flagship ARK fund sees biggest monthly outflow in a year of US$820 million in August, just shy of its September 2021 outflow of US$939 million. Softbank Vision Fund is cutting 100 jobs. Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter. U.S. regulators to vet Alibaba, JD and, other Chinese firms’ audits. Warren Buffett’s Berkshire Hathaway sold shares in Chinese EV maker BYD for the first time in 14 years – and rakes in a 3,400% profit. Shares of Pinduoduo shot up 7.4% in premarket trading Monday, after the China-based company that connects agricultural producers with consumers reported second-quarter profit that more than tripled and revenue that rose well above expectations, citing “a recovery in consumer sentiment.” Twitter stock falls after Elon Musk sends another merger termination letter, for different reasons than the first one. MicroStrategy stock falls after DC AG sues CEO for tax fraud. iPhone US market share hits all-time high, overtaking Android; dominates global premium sales. OnlyFans, the adult content site best known for explicit content, reported revenue soared 160% to US$932 million year-over-year, according to financial results for the year ending November 2021. Netflix is seeking to charge advertisers top dollar of roughly US$65 for reaching 1,000 viewers, a measure known as CPM, or cost per thousand. Nvidia, AMD warned of new US export restrictions on AI chips. Shortage of 50-cent chips holds up US$50,000 cars, TSMC chief says. Micron Technology is investing $15 billion in new plant in Boise, Idaho. Honda and LG Chem will build a US$4.4 billion EV battery factory in the US. Bosch to invest US$200 million in US fuel cell production for electric commercial trucks.