Tuesday, July 31

ByKevin Sheekey

Tech today.

Most Read on the Bloomberg Terminal (Last 8 Hours):
Tencent’s $143 Billion Rout Is World’s Biggest as Tech Sinks

Apple Earnings Are Last Chance to Stop Bleeding for Tech Stocks (Bloomberg)

Amazon Fortune Revealed: Bezos’ Parents Could Be Worth Billions (Bloomberg)
In best case scenario, a $245K investment in son’s firm in 1995 has returned 12,000,000%.

Headlines from around the world.

Best of late night.

“How was everyone’s weekend? Mine was great, I was down in South Carolina, really relaxing – no internet. They don’t have it there yet.”
— Stephen Colbert

On President Trump’s lawyer, Rudy Guiliani, arguing on CNN and elsewhere that collusion is not a crime:

“Wow, they are really moving the goal posts on this. First it was, ‘Russia didn’t interfere in the election,’ then it was, ‘O.K., they did, but nobody on the Trump team met with them.’ Then it was ‘O.K., they did, but it was just about adoptions.’ Then it was, ‘O.K., they offered us dirt on Hillary, but there was no collusion.’ And now we’re at, ‘Collusion is not a crime.’ What’s next? ‘O.K., collusion’s a crime, but it’s just a little crime.’ And then it’ll be, ‘Since when are crimes illegal? If crimes are illegal, take me away!’”
— Stephen Colbert

“The new ‘Mission Impossible’ won the box office this weekend, bringing in over $60 million. They’ve already come up with the plot for the next ‘Mission Impossible’: getting Rudy Giuliani to stop talking.”
— Jimmy Fallon

For more best of late night from the New York Times, click here.

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