---
source_url: "http://go/ui/posts/2945/"
ingested: 2026-07-30
status: inbox
tags: [newsletter, technology]
title: "2026-07-29-technology"
created: 2026-07-29
updated: 2026-07-29
---

**Tech news**

- [Jim Cramer warns AI's circular financing frenzy echoes the dot-com bubble](https://www.cnbc.com/2026/07/27/jim-cramer-warns-ai-circular-financing-echoes-dot-com-bubble.html)
CNBC's Jim Cramer warns Nvidia backing OpenAI's data center expansion mirrors dot-com era financing, and advises against borrowing to trade data center assets.

- [U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investors](https://www.cnbc.com/2026/07/28/nasdaq-kospi-wall-street-korea-markets-skhynox-samsung.html)
The 60-day correlation between the Kospi and Nasdaq 100 has risen to 0.50, its highest since 2021, raising concerns for investors.

- [Meta Is Fighting a Mountain of Social-Media Lawsuits—at Just the Wrong Time](https://www.wsj.com/tech/meta-is-fighting-a-mountain-of-social-media-lawsuitsat-just-the-wrong-time-0b7d12a3?mod=rss_Technology)
As Meta undergoes an expensive AI transformation, it faces billions of dollars in potential litigation costs and painful operational changes.

- [The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta](https://www.wsj.com/finance/the-price-to-finance-the-ai-data-center-boom-is-rising-just-ask-meta-7894d503?mod=rss_Technology)
Meta's $12.5 billion data-center debt offering carries a higher interest rate than last year, reflecting rising borrowing costs for AI infrastructure.

- [China’s reported chip breakthrough comes with some big caveats](https://www.cnbc.com/2026/07/28/china-chipmaking-duv-tool-asml-explained.html)
China claims to be producing a key chip tool rivaling ASML, but analysts question its ability to truly compete with the Dutch giant.

- [SpaceX stock-purchasing by Congress members fuels conflict concerns](https://www.cnbc.com/2026/07/28/spacex-stock-congress-lawmakers-ipo-conflict-of-interest.html)
Five Congress members who bought SpaceX stock serve on committees overseeing its federal contracts, defense, and AI programs, raising conflict-of-interest issues.

- [Apple plans to lease iPhones for $17.99 a month through partnership with Klarna](https://www.cnbc.com/2026/07/28/apple-plans-to-lease-iphones-for-17point99-a-month-through-klarna-deal.html)
Apple launches a product leasing program via Klarna, allowing monthly payments for iPhones, following recent price hikes on iPads and Macs due to memory shortages.

- [Crypto stocks rally thanks to rotation from AI infrastructure; bitcoin miners lag](https://www.cnbc.com/2026/07/27/crypto-stocks-rally-thanks-to-rotation-from-ai-infrastructure-bitcoin-miners-lag.html)
Crypto stocks surged as capital rotated away from AI and chip names, though bitcoin miners underperformed the broader rally.