US President Trump: US government at risk of shutdown in September

Alphabet released its second quarter financial report, disclosing $98 billion in investment income, primarily due to unrealized net gains from its equity securities holdings. Driven by this, Alphabet's net profit per share for the quarter reached $9.11, exceeding analysts' average expectation of $2.90, with a net profit of $116.856 billion. Alphabet holds shares in SpaceX and is a major investor in Anthropic. Musk likes Alphabet's financial report on social media.

The Chief Financial Officer of Alphabet expects annual capital expenditures to be between $195 billion and $205 billion, up from the original estimate of $180 billion to $190 billion, and anticipates a significant increase in capital expenditures for the 2027 fiscal year.

On July 23rd (UTC+8), the offshore Chinese yuan (CNH) was trading at 6.7751 yuan against the US dollar, down 62 points from Tuesday's late trading in New York. The overall trading for the day was in the range of 6.7678 to 6.7761 yuan.

According to documents submitted by Protect Progress PAC to the Federal Election Commission (FEC), it has spent over $986000 to support Michigan's 13th congressional district Democratic Congressman Shri Thanedar and oppose challenger Donavan McKinney. Protect Progress PAC spent approximately $1 million in 2024 to support Shri Thanedar. Fairshake and its affiliated organizations have a fund reserve of $191 million. Protect Progress PAC spent over $100000 to support Arizona Congressman Greg Stanton's re-election, while Defend American Jobs PAC spent over $65000 to support Republican candidate Amanda McKinney in Washington's 4th district.

US President Trump has stated that the US government will face the risk of a shutdown in September.