
Hello there.
Hundreds of investing and finance newsletters hit my (and maybe your) inbox every week. This is the best of the best of tech from the past week. Every Monday, we’ll tackle policy, and every Wednesday, we’ll recap finance.
This week, we’ve got…
🤝 ESPN Is the Real MVP
⚡️ The Tech Ticker
🧊 Will Big Tech Ever Be Put On Ice?
🤖 All Eyes on AI
😆 Meme of the Week
🎙️ Meme Magic and the Platform Shake-Up
With how quickly the market and investment climate are changing right now, we can’t afford to fall behind. You can always read the latest and most relevant finance news & updates at FinanceWrapped.com.
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🤝 The Merger You Knew Was Coming
ESPN and the NFL are officially making it official. ESPN, owned by Disney $DIS ( ▼ 0.71% ), has a non-binding agreement to acquire the NFL Network, the RedZone Channel, and other media assets. In return, the NFL gets a 10% equity stake in ESPN, and the fans get… well, that remains to be seen.
This move streamlines operations for both sides. The NFL offloads the costly business of running its own broadcast arm, while its product gets wider distribution through ESPN’s massive platform. Meanwhile, ESPN (and thus Disney) bulks up its content library (and subscription prices) for its much-anticipated direct-to-consumer streaming service—which, by the way, now also includes the WWE.
As ESPN prepares to package more content, Spotify $SPOT ( ▼ 2.04% ) announced yet another price hike for its premium subscribers in several international markets. The move, which boosted its stock price, came just after a rough earnings report, reminding us that when growth stumbles, raising prices on loyal users is the go-to play.
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⚡️ The Tech Ticker
Amazon's Zoox cleared a regulatory hurdle for its robotaxis as NHTSA granted exemptions from certain safety requirements and closed its 2023 probe.
YouTube was included in Australia's social media ban for under-16s despite earlier promises to exclude it.
Intel shares dropped after Trump calls for CEO to resign, with the President claiming Lip-Bu Tan is "highly CONFLICTED".
Firefly Aerospace stock soared 50% in Nasdaq debut, opening at $70 per share (then dropping to $52) after pricing above its expected range at $45.
Blue Origin is among six companies studying orbital transfer vehicles for NASA as part of an initiative to explore low-cost ways to deliver spacecraft to orbit.
Bill Gates' 1980 business card is up for auction, featuring Microsoft's first logo and Gates as "William H. Gates" with a hand-dated November 6, 1980 mark.
🧊 The Big Summer Melt-Up
The tech gold rush, now greased by AI, is churning out numbers that suggest either infinite progress or a bubble ready to burst.
OpenAI just launched GPT-5 and is reportedly seeking a $500 billion valuation in a potential employee share sale, and Palantir, fresh off $1 billion in quarterly revenue, has already hit a logic-defying $420 billion market cap, surpassing what even the Magnificent Seven were worth at the same milestone.
The frenzy has triggered a compensation arms race. Tesla’s board handed Elon Musk a $29 billion pay package for simply sticking around two more years. Other companies are racing to prove their AI-first credentials, and not always gracefully; Duolingo’s CEO faced backlash after mandating AI fluency for staff, but the bird bounced back this week on meme strength alone.
As for the old guard, President Donald Trump said Apple will invest another $100 billion in US manufacturing and supply chain expansion, conveniently avoiding new tariffs. Lofty promises and big moves are everywhere, and for now, they’re still working.
🤖 All Eyes on AI
OpenAI launched GPT-5 with CEO Sam Altman calling it "a significant step along the path to AGI". Translation: GPT-5 is definitely not AGI.
Tencent released open-source Hunyuan AI models in four sizes (0.5B to 7B parameters) featuring 256,000 context windows and hybrid reasoning modes.
Google denied AI search features killed website traffic, claiming organic click volume remained "relatively stable" year-over-year.
Tavily raised $25 million to connect AI agents to the web with enterprise-compliant safeguards.
OpenAI partnered with the US government to provide ChatGPT access to federal employees for $1 for the next year.
Microsoft brought OpenAI's gpt-oss-20b model to Windows 11 through Windows AI Foundry, allowing users to run the model locally.
😆 Meme of the Week
me with gpt-5 in cursor rn:
"build a $1B company. make no mistakes."
— #Wes Winder (#@weswinder)
7:05 PM • Aug 7, 2025
🎙️ Meme Magic and the Platform Shake-Up
This episode of The Best One Yet looks at how a cheesy jingle turned Jet2 into the soundtrack of the summer, why the NFL just teamed up with ESPN, and how Uber is riding high while Airbnb looks checked out.
📻 Tune in to:
Hear how Jet2’s mocked vacation jingle turned into viral gold and boosted bookings thanks to the power of self-roast
Unpack why Disney's future may depend less on tech and more on roller coasters, cruises, and character lunchboxes
Learn how Uber outpaced Airbnb by turning one good idea into two
🎧 Listen on:
⭐️ What did you think of today's edition?
Disclosures
The information provided in Finance Wrapped is for informational and educational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. Finance Wrapped is not a registered investment advisor, broker-dealer, or licensed financial planner. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We may hold positions in or receive compensation from the companies or products mentioned. Disclosures will be made where applicable.