DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

Decentralized exchanges (DEX) reached $1 trillion in monthly trading volume for the first time in July. According to DefiLlama data, spot trading volume grew 29.4% and reached nearly $514 billion last month, bested only by January’s all-time high of $568 billion. At the same time, perpetual futures’ monthly volume increased 33.6% to register a new […]

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The Compound and Friends: Why Valuations Don’t Matter

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A Visual Exploration of Gaussian Processes

Even if you have spent some time reading about machine learning, chances are that you have never heard of Gaussian processes. And if you have, rehearsing the basics is always a good way to refresh your memory. With this blog post we want to give an introduction to Gaussian processes and make the mathematical intuition […]

31 mins read

Chefs’ Warehouse (CHEF) Q2 Revenue Up 8%

Chefs’ Warehouse (CHEF 2.24%), a specialty food distributor with a focus on high-end restaurants and culinary professionals, released results on July 30, 2025. It reported GAAP revenue of $1,034.9 million and earnings per share (Non-GAAP) of $0.52. These figures surpassed analyst expectations, which had projected $1,013.5 million in GAAP revenue. The period showed notable strength […]

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Microsoft follows Nvidia’s lead, surpasses $4 trillion market capitalization on soaring demand for cloud services, multi-front AI endeavors

Microsoft on Thursday reached a $4 trillion market valuation, becoming the second company in history to do so, following Nvidia hitting the same milestone earlier in July. The achievement comes amid strong earnings for the fiscal 2025, soaring demand for cloud services, the company’s aggressive push into artificial intelligence, and the upcoming end of Windows […]

4 mins read