Meta’s (META) latest roll-out hasn’t exactly put the “smart” in “smart glasses”.

Social media users and guerrilla ad campaigns from New York to London have derided its new Ray-Ban partnership as mass-market surveillance, or just plain creepy. Meta’s response? A firmware patch and a few policy tweaks.

User-generated content built Meta’s empire. It might just break it too.

— Brooks & The Street Sheet Team

Apple (AAPL)'s iPhone 18 Pro rumor mill is now a genre unto itself. Bolder colors? A shrunken Dynamic Island? A pricier A20 chip? A price hike nobody asked for?

Samsung and Google (GOOGL) are already staking claims to August, leaving Cupertino (and Kalshi bettors) to decide whether September still belongs to Apple alone… or whether those rumors will even come to pass this year.

📉 | Corning (GLW) sank on revenue guidance that missed forecasts, dragging photonics peers Coherent (COHR) and Lumentum (LITE) lower.

📈 | PayPal (PYPL) rose after topping second quarter earnings and revenue expectations.

📉 | UPS (UPS) fell even after beating Q2 earnings and revenue estimates.

📈 | Boeing (BA) gained after Q2 revenue topped estimates despite a wider than expected adjusted loss.

📉 | Sandisk (SNDK) tumbled for a third straight session as memory chip stocks broadly sold off.

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Bernstein’s ESP is saying, “Bet on BSP.”

Bending Spoons, a newly-listed tech firm, is what the firm calls an antidote to the AI trade. It means that as a compliment.

Rather than chase growth at any cost, the Milan-based company buys up aging internet brands like AOL, Eventbrite, and Vimeo, then uses AI to gut their overhead and fund the next deal.

The comparison to private equity roll-ups undersells what is happening here, per the analyst.

Bernstein's Mark Shmulik notes the cuts run deeper than typical finance-focused funds, and the company keeps its own engineering team in place, making the tech integrations permanent rather than something a future buyer could unwind.

Other desks on the Street have echoed the bullish call since Bending Spoons' early July debut, though the stock has been choppy since.

The real test, analysts say, is whether AI lets Bending Spoons' targets fix themselves before the company even shows up with a checkbook. For now, Bernstein likes its odds.

🏛️ | President Trump said his new tariffs are "doing the same thing" as the ones the Supreme Court struck down earlier this year.

📉 | The Conference Board's consumer confidence index fell to 90.8 in July as gas prices climbed on the Iran conflict.

⚖️ | A federal judge temporarily blocked Minnesota's ban on prediction markets like Kalshi and Polymarket.

🏦 | New Fed Chairman Kevin Warsh has gone quiet on rate policy, leaving Wednesday's meeting unusually hard to call.

✈️ | Boeing said accelerating its new Air Force One jets will cost an additional $280M, the latest overrun on the $4B-plus project.

Do you own any shares of Rivian Automotive (RIVN)?

▇▇▇▇▇▇ 🐂 Yup, I’m holding

▇▇▇▇▇▇ 🐻 Nope, not interested

▇▇▇▇▇▇ 👀 No, but I’m interested

And, in response, you said: