Google-owned Waymo’s in-house developed custom chip for its self-driving taxis has entered mass production.

Starbucks has cut 104 positions as part of a restructuring initiative aimed at boosting growth, while laying off employees who declined to relocate to the company’s new office in Nashville, the U.S. The firm will terminate employment with roughly 120 staff members who refused to move from Seattle to the Nashville hub, which is projected to eventually accommodate around 2,000 employees. Under CEO Brian Niccol’s leadership, Starbucks plans to slash $2 billion in costs over two years, including streamlining its corporate structure, and has already eliminated more than 2,300 corporate roles since last year.

Morgan Stanley believes that after gold prices break through $4,450 per ounce, they are on track to surpass $5,000 by 2027 or even earlier. The bank stated that an improving macroeconomic environment is boosting demand for gold ETFs, as market expectations of Federal Reserve interest rate hikes gradually fade and the U.S. dollar weakens. Strong central bank buying and robust physical gold demand have further supported gold prices. Despite elevated long-term yields, gold prices remain resilient, which also reflects growing investor concerns over fiscal risks—including high government debt and potential currency devaluation risks. Morgan Stanley forecasts that the Federal Reserve will hold interest rates steady until 2026, but warns that upcoming U.S. inflation data and Federal Reserve officials’ remarks could exacerbate market volatility.

Coinbase CEO Brian Armstrong told CNBC in an interview, "I believe we are very likely on the eve of the next bull market." He noted, "We are closely monitoring the vote on the Clarity Act set for September 15. Additionally, following the pattern of Bitcoin’s previous halving cycles, October, November, and December are historically strong-performing months for Bitcoin."

Gambler 0x004e just opened ~$81.6M in $BTC and $ETH shorts. Current positions: 20,000 $ETH ($45.69M) 500 $BTC ($35.93M) Liquidation prices: $ETH: $2,327.03 $BTC: $72,755.85

According to Lookonchain’s monitoring, a whale has just opened short positions worth approximately $81.6 million in BTC and ETH, with current holdings including 20,000 ETH and 500 BTC short positions.

As Bitcoin rallies to this week’s high of $72,400, long-dormant "old coins" have suddenly been moving at an astonishing pace from cold wallets. Over the past 24 hours, a total of 1,314.41 BTC has been transferred from long-dormant Bitcoin wallets, with a total value of roughly $94 million. Of this amount, around 1,214.42 BTC, worth approximately $86 million, all came from wallets first used as early as 2011.