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- Trump gets endorsement from Elon, Ackman after assassination attempt, now at 71% odds of winning
Trump gets endorsement from Elon, Ackman after assassination attempt, now at 71% odds of winning
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Top stories today:
- Trump gets endorsement from Elon, Ackman, now at 71% odds of winning
- China’s GDP +4.7% YoY in Q2, retail sales +2.0%
- Apple, Samsung phone shipments +1% YoY in Q2
- OpenAI working on new project Strawberry (fka Q*)
- Khosla, Sequoia most active post-seed investors in Q2
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Trump gets endorsement from Elon, Ackman after assassination attempt, now at 71% odds of winning
Most tech CEOs asked for unity, but stopped short of endorsing Trump or Biden.
Polymarket’s Trump odds jumped from 60% to 71% (the same as Nate Silver's model forecast), as Biden is at 18%, Harris 5%
Nate Silver’s forecast remains at Trump 71%, with no post-attempt polls.
Trump rewrites Republican convention speech to focus on unity.
Secret Service faces intense scrutiny, criticism.
Biden gives rare oval office address, promoting unity.
Shooter being investigated by FBI.
RNC speakers asked to leave speeches unchanged.
2. China’s GDP +4.7% YoY in Q2, industrial output +5.3%, retail sales +2.0%
GDP: 4.7% YoY in Q2, vs. 5.1% expected, from 5.3% in the prior quarter.
Industrial production: 5.3%, vs. 4.9%, from 5.6%.
Retail sales: 2.0%, vs. 3.3%, from 3.7%.
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