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Situational awareness:

  • SoftBank announced its Vision Fund 2 with about $108 billion to invest into technology start-ups around the world. (Axios)
  • Alphabet’s stock jumped nearly 9% after hours as the company beat expectations in its second-quarter earnings and announced plans for a $25 billion buyback of its stock. (Forbes)
  • Juul spent more than $200,000 targeting children in schools and online, according to a U.S. House subcommittee report. (Bloomberg)