Tuesday Evening Links

[CNBC] S&P 500 futures are little changed after index notches back-to-back closing records: Live updates

[Yahoo/Bloomberg] AI Boom Drives Power Costs to New Record on Biggest US Grid

[CNBC] AI startups raised $104 billion in first half of year, but exits tell a different story

[CNBC] Japan could be in a weaker position in trade talks after Ishiba’s upper house defeat, experts say

[Axios] Microsoft hack risk spreads as cybercriminals and nation-states pile in

[Reuters] Japan PM Ishiba to decide his future after assessing tariff talks progress, Yomiuri says

[Bloomberg] Texas Instruments Plunges After Forecast Fuels Tariff Fears

[Bloomberg] Yen Carry Traders See Opportunity in Ishiba’s Election Setback

[Bloomberg] Japan Faces 40-Year Debt Sale as Fiscal Fears Linger After Vote

[Bloomberg] Asian Local-Currency Bond Sales Reach Record on Risks to Dollar

[NYT] White House Keeps Pressure on Powell Over Rate Cuts and Renovations

[WSJ] The Lunacy of Lawfare Against the Fed

[WSJ] AI Search Is Growing More Quickly Than Expected

[WSJ] At the Fed’s Banking Conference, Sam Altman, Capital Rules and Avoiding the Powell Drama

[FT] Microsoft accuses Chinese hackers of exploiting SharePoint software

Tuesday Afternoon Links

[AP] US stocks hang around their records as GM and others show how tariffs are impacting them

[Yahoo/Bloomberg] Oil Extends Loss as Trade Negotiations Intensify Before Deadline

[Yahoo/Reuters] Trump says Fed's Powell will be out soon

[Yahoo/Reuters] Analysis-De-risking mood adds more demand for US corporate bonds

[Bloomberg] Trump Weighing Effort to Remove Capital Gains Tax on Home Sales