This is Nick. This is Jack. Clickity clack. Tippity tap. The newest AI tool knows what you’re typing…based on the unique sound of each keystroke. Which means, yes, it can steal your Netflix password just by listening. Maybe try coughing next time you’re typing?

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1) Wegovy: Helps Your Waistline and Your Heart

A major 5-year study has found that the trending weight loss drug Wegovy also reduces heart disease.

You’ve probably heard of this magic pill. Like Ozempic, Wegovy is an appetite suppressant (and Hollywood party bag favorite).

Today’s new discovery: Novo Nordisk, the pharma firm that owns Wegovy, studied its impact on 17,604 adults—and Wegovy users lost weight and had a 20% reduction in the risk of heart attack, stroke, or heart-related death. The one-two pharma punch sent Novo Nordisk’s stock up 17% Tuesday to an all-time-high (#ATH).

The Takeaway →

This could be a miracle drug…but only health insurance can decide if it’s revolutionary. At $1,300/month in the US, you can either get Wegovy or pay your rent (okay, half your rent). And that’s where these new findings make all the difference—weight loss drugs usually aren’t covered by health insurance, but cardiovascular ones usually are. Next steps? Your move, health insurance.

2) Zoom’s Got A New Anti-Zoom Policy

Zoom just told its employees that anyone living within 50 miles of a Zoom office has to return to IRL work at least two days per week. Oh, the irony.

Remember 2020? We try not to, but Zoom definitely does—it was the great enabler of the Covid-19 WFH revolution. Every workplace needed Zoom’s video conferencing product, sending Zoom stock up as much as almost 700% to an all time high in 2020.

But like your pandemic sourdough, Zoom’s Covid-era upswing didn’t last. Shares have fallen 90% from their high, and the stock is now below pre-pandemic levels. So Zoom’s bringing employees back to the water cooler.

• The reasoning: Hybrid is “most effective for Zoom,” the company said.

• FYI: Zoom has company in the return-to-office movement. BlackRock, Amazon, and the federal government are making workers trade jammies for J. Crew, too.

The Takeaway →

Good CEOs use the product, great ones preach it. An example? Airbnb CEO Brian Chesky spent a year living in Airbnbs (you thought having your in-laws over was stressful). It’s good marketing if a company practices what it preaches, but better if it preaches what it sells.

Would you buy an iPhone if Tim Cook were sending green text messages? Feels like that’s what Zoom’s doing with this anti-Zoom move.

3) Look Out—Giant Wind Turbines Are Falling Down

Siemens Energy’s wind turbines aren’t the only things tumbling over—its financials have joined the plummet. We’ll explain →

German industrial giant Siemens accounts for a whopping 1/6th of global electricity generation, mostly with its turbines for conventional power plants. It also produces massive wind turbines (the tallest are taller than the Space Needle). But those wind turbines have one major issue…

They’re falling over. Siemens CEO Christian Bruch told CNBC this week that the company took a $2.4 billion hit thanks to quality problems at its wind turbine unit. About 15–30% of its turbines could be affected. Even worse? It may be an industry-wide issue.

The Takeaway →

In the green gold rush, Siemens gold tripped. The global wind turbine endeavor is noble: Provide 20% of the world’s electricity via wind by 2030. But in the race for government incentives, Siemens moved too fast and lost its balance.

💸 For the first time ever, Americans’ credit card debt has surpassed $1 trillion.

⛽ The heat wave has caused gas prices to rise—nothing slows refineries down like workers without A/C.

🥊 Elon Musk said his cage fight with Mark Zuckerberg is on, but he might need surgery first.

🥃 Molson Coors acquired a whiskey company to get ahead as consumers switch to spirits (Oaxaca Old Fashioned FTW).

💀 Scientists discovered an ancient skull that could rewrite human history. Totally casual.

🏈 Barstool Sports founder Dave Portnoy bought back the media company from Penn Entertainment. Penn’s partnering with ESPN instead—and Barstool will be as Barstool as ever.

🤢 Mark you calendar (but not your boss’s): The most used sick day of the year is coming up on August 24.

And one more thing. If you’re team Ceviche Wednesday, reply with what you’re pairing it with. If you’re anti-ceviche…are you sure?

—Nick & Jack