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• @amitisinvesting neutral 1999 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Palantir $PLTR named Nebius $NBIS its preferred sovereign AI infrastructure partner, announcing a strategic partnership to integrate Nebius compute and inference endpoints directly inside Palantir’s enterprise perimeter. The integration will allow eligible Palantir commercial customers to run open AI models on Nebius infrastructure, continuously adapt them using proprietary company data, and maintain control over their compute, models, and data. The companies also plan to bring new AI compute capacity online faster, including modular data-center deployments in locations where power is already available. Palantir CEO Alex Karp said, “Nebius’ compute infrastructure powers your ability to run your own AI models under conditions you control. Our ontology and their infrastructure will undergird the sovereignty our partners are demanding.” Nebius CEO Arkady Volozh added that the partnership will help commercial clients run optimized open models on trusted infrastructure while maintaining control over their data and models. 2. The EU and Canada are reportedly set to announce a major “all-encompassing” partnership spanning trade and security after President Trump’s latest tariffs, according to Bloomberg. The goal is to build a new alliance that helps offset global power politics dominated by the U.S. and China. The partnership is expected to be announced on September 16, with Canada and the EU reportedly aiming to get “as close as legally possible” short of EU membership. Canada has also become the first country outside the EU to join the bloc’s $175B military procurement fund, underscoring how quickly trade tensions are pushing allies toward deeper economic and defense cooperation. 3. BlackRock’s Bitcoin ETF $IBIT has attracted $3.7B of inflows so far this quarter, putting it on pace for its largest quarterly intake since Q3 2025. The fund has already added $459.8M in September inflows, following $3.0B in August, its biggest monthly inflow since October 2025. As a result, $IBIT AUM has climbed to $62.6B, near its highest level since mid-May. Since the start of July, the fund’s AUM has increased by $19.6B, or 46%, showing renewed institutional and retail demand for Bitcoin exposure through ETFs. 4. OpenAI CFO said at the Goldman Sachs conference that the consumer business is accelerating, with July revenue up 20% MoM. The enterprise business grew even faster, with July revenue up 32% MoM. OpenAI’s revenue mix is now roughly 50/50 between enterprise and consumer, showing that growth is broadening beyond ChatGPT subscriptions and into business adoption. 5. Schwab retail activity in August shows investors selling the software rip and buying the semiconductor dip. The top retail buys were $SPCX, $MU, $NVDA, $INTC, and $GOOGL, while the top sells were $NOW, $ADBE, $MSFT, $PLTR, and $ORCL. The shift points to more active portfolio management from retail investors, with money rotating out of crowded software winners and into AI, chips, and compute-related names after pullbacks. 6. Copper prices on the LME have surged to a record $14,533/ton, now up 47% over the last 12 months. The move is being driven by tight supply and rising demand from data centers, renewable energy, and power grids. Expectations that President Trump could expand tariffs to refined copper imports have also pushed U.S. Comex prices above global prices, creating an incentive for traders to ship hundreds of thousands of tons of copper into the U.S. to capture the price spread. As a result, global stockpiles are becoming increasingly concentrated in the U.S., draining LME inventories to critically low levels and leaving less readily available copper for buyers elsewhere. 7. Meta $META launched Muse, a personal AI agent that can take actions across apps and the web, including sending emails, booking travel, filling out forms, and making purchases with user approval. Muse runs on Meta’s new Muse Secure VM, giving each user a dedicated cloud environment with a separate Sentinel agent that reviews actions before they reach the internet. The agent can continue working after the app is closed, remember user preferences, and proactively move longer-term tasks forward. Meta is also integrating Stripe Link for checkout, with Shop Pay and 1Password support coming later. 8. IREN $IREN said its 2 GW Sweetwater Hub has been conditionally included as base load in ERCOT Batch Zero. Sweetwater 1 accounts for 1.4 GW and Sweetwater 2 for 600 MW, both part of IREN’s broader 5 GW+ global data-center development pipeline. At Sweetwater 1, the high-voltage substation is already energized, with 300 MW of gross data-center capacity under construction and targeted for delivery in Q4 2027. IREN also said additional large-scale projects across its development pipeline have been included in Batch Zero, though ERCOT classifications remain conditional and subject to further approvals. 9. The top 10 most active options today by contracts traded were $TSLA with 2.4M contracts, $NVDA with 2.2M contracts, $INTC with 1.3M contracts, $SPCX with 847K contracts, $AAPL with 689K contracts, $MU with 673K contracts, $AMD with 615K contracts, $META with 568K contracts, $AMZN with 524K contracts, and $CRWV with 477K contracts. 10. The U.S. government is backing Rigetti $RGTI and D-Wave $QBTS with up to $200M for quantum computing R&D. Rigetti signed a definitive $100M agreement with the U.S. Department of Commerce to address key scaling bottlenecks in superconducting quantum systems, including cryogenics, readout electronics, and high-connectivity chip fabrication. D-Wave separately finalized access to up to $100M to advance its annealing and gate-model platforms, including work on a 100,000-qubit annealing system and a 10,000-qubit gate-model system targeting 100 logical qubits. As part of the funding, the Commerce Department will receive minority, non-controlling equity stakes in both companies. 11. Uber $UBER President and COO Andrew Macdonald purchased 70,000 shares for roughly $5.3M. Macdonald is one of Uber’s longest-tenured executives, making the insider buy notable given his deep knowledge of the business, operations, and long-term strategy. 12. U.S. data center construction spending surged 57% YoY in July to a record annualized rate of $75B, following a 46% YoY increase in June and marking the fastest growth since mid-2025. Since the start of 2021, data center construction spending has soared by $66B, or 717%. Since the end of 2023 alone, spending has risen by $51B. Over that same period, all other private construction spending — including housing, shopping centers, and offices — has declined by $120B, showing how dramatically AI infrastructure is diverging from the rest of the construction market. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting neutral 1653 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. CoreWeave $CRWV reported Q2’26 revenue of $2.6B, slightly ahead of estimates of $2.56B, with adjusted EBITDA of $1.5B versus $1.43B expected and adjusted EBITDA margin of 59%. Revenue backlog reached roughly $104B, up 46% YoY, while active power more than tripled YoY to 1.5GW and contracted power increased to 4.2GW. CoreWeave raised FY26 guidance to $12.4B–$13.2B in revenue and $960M–$1.15B in adjusted operating income, while lifting its active power target to more than 1.85GW. The company now expects year-end annualized run-rate revenue of $18.5B–$19.5B, managed inference ARR above $250M exiting 2026, and long-term active power of 8GW+ by 2030. Management said customer demand is accelerating as enterprise adoption broadens and its platform deepens. 2. Gemini has become $GOOGL Google’s fastest-growing product ever, crossing 1B monthly users and becoming the company’s 14th product to reach the billion-user milestone. The scale-up underscores how quickly Google is pushing Gemini across Search, Android, Workspace, and its broader AI ecosystem. 3. BofA downgraded AppLovin $APP to Neutral with a $400 price target, saying risks to the company’s long-term 30% YoY revenue growth trajectory have increased. Analyst Omar Dessouky said post-Q2 growth appears to be driven more by engineer-directed improvements to Gaming models, while it is less clear whether the prior 3%–5% QoQ self-learning growth assumption still applies. BofA also noted that with AppLovin’s high relative market share, estimated at roughly 2x its next-largest competitor, long-term growth from self-learning alone may be harder to sustain than the market previously assumed. 4. President Trump is reportedly weighing a capital gains tax cut ahead of the midterms, including the idea of indexing capital gains to inflation before taxes are calculated. Under that approach, investors would only owe taxes on the inflation-adjusted “real” gain, not the full nominal gain. For example, if someone bought a business or stock position for $2M and sold it years later for $5M, the nominal gain would be $3M. But if cumulative inflation over that period was 25%, the inflation-adjusted cost basis would rise to $2.5M, leaving only $2.5M of taxable real gain instead of $3M. Trump has also floated capital gains exemptions for home sales worth $2M or less. There has not been a major U.S. capital gains tax cut since 2003. 5. Senator Bernie Sanders has reportedly called on major AI companies to pause development, sending letters to the CEOs of OpenAI, Anthropic, and Meta, according to NYT. The push adds to the growing political scrutiny around frontier AI development, safety, and whether the largest labs should slow deployment as model capabilities continue advancing. 6. Apple $AAPL is reportedly still planning a glass-centric iPhone redesign for the device’s 20th anniversary in 2027, contrary to a Jefferies report that said it had been canceled, according to Bloomberg. The new Pro models are expected to feature glass that curves into the sides, with a metal band running through the middle. 7. U.S. existing home sales fell 1.7% in July to a 4.06M annualized pace, slightly above estimates. Median existing home prices rose 2% YoY to $434,100, while inventory increased to 1.54M homes. The data points to a housing market that is still soft on transaction volume, but with prices remaining resilient as supply continues to build. 8. The top 10 most active options today by contracts traded were $NVDA with 2.2M contracts, $TSLA with 1.4M contracts, $SPCX with 861K contracts, $AAPL with 823K contracts, $MU with 664K contracts, $AMZN with 568K contracts, $PLTR with 559K contracts, $INTC with 555K contracts, $GOOGL with 546K contracts, and $HTZ with 518K contracts. 9. Supermicro $SMCI reported Q4’26 revenue of $11.1B, below estimates of $11.55B, but adjusted EPS came in at $1.70 versus $0.96 expected, up 315% YoY. Gross margin expanded to 17.5%, up 800 bps YoY, while net income reached $1.2B, adjusted EBITDA was $1.7B, and operating income came in at $1.5B. For Q1, Supermicro guided revenue to $14.5B–$15.5B, well above estimates of $11.68B, with adjusted EPS of $1.01–$1.10. For FY27, the company guided revenue to $65B–$72B, far ahead of the $52.5B estimate. Management said Supermicro generated more than $60B in new orders and entered fiscal 2027 with record backlog, while improving profitability through a richer enterprise customer mix and broader adoption of its optimized Data Center Building Block Solutions architecture. 10. Stifel reiterated its Buy rating on Rocket Lab $RKLB and raised its price target to $132, saying the company delivered a “beat and raise” quarter with Q2 results ahead of expectations across revenue, margins, and EBITDA. Rocket Lab signed 26 new Electron/HASTE missions, expanded total launch backlog to more than 90 missions, and grew overall backlog to roughly $2.4B, with another $800M of bookings added after quarter-end. Stifel also highlighted accelerating Space Systems revenue as SDA programs ramp, multiple defense awards, and continued progress on Neutron, which remains on schedule for pad delivery in Q4’26. The firm said Rocket Lab’s Iridium acquisition, GHOST launch system, defense exposure, backlog visibility, and limited competition create a compelling long-term risk/reward despite near-term cash burn. 11. Schwab clients were net buyers of ETFs and equities in July by a 2:1 ratio. The top stocks bought were $SPCX, $MU, $INTC, $ORCL, and $TSLA, while the top stocks sold were $AAPL, $AVGO, $ADBE, $PYPL, and $AMD. The data shows retail leaning back into high-beta AI, memory, and space-linked names while trimming exposure to some of the market’s more mature tech leaders. 12. The SEC is reportedly preparing to roll out two major crypto initiatives $BTC $ETH as the Clarity Act stalls in Congress, according to Bloomberg. The agency will hold an open meeting Friday to create a tailored offering regime for certain crypto-related investment contracts. The SEC is also expected to unveil an “innovation exemption” for trading tokenized securities, potentially paving the way for 24/7 trading of stock tokens on blockchains. Details could be released as soon as Friday, though the proposal is still being finalized and could change. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting neutral 1612 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. FOMC decision week began with a clear AI rotation: long software, short semis. Nvidia $NVDA, Marvell $MRVL, Sandisk $SNDK, AMD $AMD, Nebius $NBIS, Micron $MU, CoreWeave $CRWV, and Intel $INTC were down 3%-7%, while Palantir $PLTR, Atlassian $TEAM, CrowdStrike $CRWD, ServiceNow $NOW, Adobe $ADBE, and Intuit $INTU were up 2%-5%. The move reflected a market trying to reprice the AI trade after the weekend’s safety debate around Dario’s essay. Semis and neoclouds sold off because their bull case is tied directly to continued AI capex growth which the market interpreted as slowing down if the pace of frontier model development slows down. At the same time, Trump rejected the calls to slow down as he posted that AI needs a “STRONG AND SMART” president rather than guardrails, said the U.S. was leading China in AI, and separately said Iran wanted to make a deal and that the US was open to engaging. Oil crossed $105 and the US 10-year treasury yield crossed 5%. The Fed will make their decision for a rate hike on Wednesday. 2. Palantir $PLTR, Nvidia $NVDA, and Booz Allen Hamilton are reportedly restricting Anthropic’s Fable model for sensitive work over concerns about its data-retention policies, according to The Information. Some enterprise customers are demanding irrevocable zero-data-retention guarantees before putting proprietary information into the model. Anthropic reportedly introduced rolling 30-day usage logs for safety monitoring in June, while its planned option for eligible customers to store logs themselves can still be revoked. Palantir is withholding Fable from its platform until it receives irrevocable zero-data-retention guarantees, Nvidia is limiting Fable to less-sensitive work while using Nemotron for sensitive internal projects, and Booz Allen is excluding Fable from work involving its proprietary cybersecurity software. 3. Trump called Jensen Huang during the All-In Summit and was put on speaker phone, where he defended the AI data center buildout and pushed back on recent concerns. “I'm telling you it's all a hoax. The data centers are great. They make people wealthy. They make states wealthy. AI is bigger than the internet. These people are playing right into the hands of China. We're not going to let that happen,” Trump said. Jensen responded, “You're right, we're not going to let that happen sir.” Jensen also said the fears from over the weekend were made up and that the companies involved have the control they need to navigate the concerns. 4. OpenAI has acquired Glass Imaging, an AI camera startup founded by former Apple engineers, for more than $300M. Glass is working to bring DSLR-like image quality to smartphones, and the deal comes as OpenAI and Jony Ive continue developing new consumer hardware. OpenAI’s exact plans for Glass remain unclear, but the acquisition is notable given Glass was valued at roughly $100M just last year. 5. Truist initiated Nebius $NBIS at Buy with a $355 price target, calling it a scaling AI-native hyperscaler still early in its infrastructure buildout. The firm believes consensus 2027E ARR estimates are conservative given recent pricing of $20M-$25M/MW for 1-3 year deals and $40M-$50M/MW for shorter-duration contracts. Truist sees a major opportunity ahead, estimating a $2.1T annual revenue opportunity at the cloud layer by 2030E, with scarcity and contract economics supporting upside to pricing and revenue. The firm also sees multiple paths for Nebius to reach 20%-30% adjusted EBIT margins over the medium term. 6. The top 10 most active options today by contracts traded were $NVDA with 3.2M contracts, $TSLA with 2.4M contracts, $AAPL with 1.6M contracts, $MU with 1.1M contracts, $AMZN with 957K contracts, $META with 906K contracts, $MSFT with 874K contracts, $INTC with 835K contracts, $GOOGL with 734K contracts, and $SPCX with 688K contracts. 7. U.S. consumers aged 40-49 now account for 26.8% of new consumer bankruptcies, their highest share since Q3 2015 and the largest of any age group. The 50-59 group represents another 23.1%, bringing Americans aged 40-59 to 49.9% of all new consumer bankruptcies, the highest share since Q1 2017. For perspective, that figure peaked at 54.3% in Q4 2011 after the 2008 Financial Crisis. Consumers aged 70+ now make up 21.5% of new bankruptcies, their highest share since Q2 2017, while Americans aged 18-29 account for just 5.9%, the lowest since Q2 2014. 8. JPMorgan upgraded IREN $IREN to Overweight and raised its price target to $65 from $46, saying the company is emerging as a top-tier neocloud provider. JPM cited IREN’s NVIDIA partnership, stronger customer momentum, and rising AI infrastructure pricing, noting neocloud contracts have moved from roughly $10-$15/W to $15-$20/W+, while customer prepayments of 25%-50% are helping fund GPU purchases. IREN has raised its year-end 2026 ARR target to as much as $4B, with roughly $1B of operating ARR today. JPM also highlighted IREN’s Microsoft buildout, recent deal with an unnamed frontier AI lab. Looking into 2027, JPM believes IREN’s planned ~0.5 GW expansion could command materially higher pricing, with deals above $15/W creating significant upside to the outlook. 9. Global semiconductor revenue hit a record $425B in Q2 2026, up 31.4% QoQ, according to Omdia. Memory accounted for more than half of total revenue, driven by AI demand and rising DRAM, NAND, and NOR pricing. Even excluding memory, semiconductor revenue grew more than 10% QoQ, well above the historical Q2 average of just over 3%. The industry generated $752B in revenue in the first half of 2026 alone, and Omdia expects Q3 revenue to surpass $500B, pushing the first nine months of 2026 above $1.25T. 10. Apple $AAPL has begun rolling out its new Siri AI in beta with iOS 27, adding personal context across messages, emails, and photos, plus onscreen awareness and systemwide app actions. The new Siri can find information across a user’s device, understand what is on screen, draft emails, add calendar events, and take actions across supported apps. Apple says the new Apple Intelligence architecture uses its own foundation models built in collaboration with Google Gemini, with processing split between on-device models and Private Cloud Compute. 11. U.S. diesel prices have officially risen to a record $6.20/gallon, up 78% over the last 9 months. In California, diesel has surged to a record $8.14/gallon, with some areas approaching $9.00/gallon. The spike comes as the U.S. enters peak diesel-demand season while supply remains historically tight. Jet fuel is also surging, now at $4.35/gallon, up 61% over the last 10 weeks, with prices rising another 10% in the past week as U.S. oil pushes above $100/barrel. Airline fares were already up 23% YoY in August, and if fuel stays elevated, September CPI could show fares rising as much as 30%. 12. The Clarity Act $BTC $ETH moved back into focus after Senate Republicans released a “final” draft ahead of Tuesday’s cloture vote, saying the text includes 126 Democratic-requested changes after more than a year of talks. The bill still needs 60 votes to advance, with Republicans holding 53 seats. Key updates include new ethics language requiring covered officials and spouses to divest certain crypto interests or place them in a qualified blind trust, a role for state attorneys general in enforcement, and a Treasury “circuit breaker” that could restrict stablecoin rewards if payment stablecoins trigger major deposit flight from community banks. The U.S. Senate is scheduled to hold a key preliminary cloture vote on the Clarity Act on Tuesday afternoon, September 15, 2026, at approximately 2:15 PM ET. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting neutral 1444 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Nvidia $NVDA and Palantir $PLTR expanded their AI partnership, building a new stack that combines Palantir’s sovereign AI platform with Nvidia’s custom Nemotron open models. The technology is being deployed first across Nvidia’s own supply chain, using AI to capture operational intelligence and accelerate the process from “wafer to first token.” Other companies will be able to deploy the same architecture across their own supply chains, either in the cloud or on-prem. The partnership, first announced in October 2025, has continued compounding into new verticals, use cases, and sovereign AI deployments built around one core idea: enterprises and governments want to own, control, and make sense of their own data. Palantir also hosted its 11th AIPCon today, where partners showcased how they are using Ontology, Foundry, AIP, and Sovereign AI to solve complex operational problems. 2. U.S. PPI came in slightly hotter than expected, rising 5.4% YoY versus 5.3% expected, while monthly PPI rose 0.4%, in line with estimates. Core PPI was 4.6% YoY, matching expectations, while core monthly PPI rose 0.2%, below the 0.3% estimate. Initial jobless claims came in at 206K versus 205K expected, showing labor-market claims remain broadly steady even as producer inflation stays elevated. 3. Microsoft $MSFT plans to triple its global data center capacity, expanding from roughly 12 GW today to more than 38 GW by 2032, according to Bloomberg. That would add about 26 GW of capacity, with AI-specific compute expected to grow from around 2 GW today to roughly one-third of total capacity by 2032, or about 13 GW. The target excludes compute rented from neoclouds like CoreWeave. The buildout comes after capacity shortages forced Microsoft to restrict some cloud subscriptions and turn away AI and cloud demand. Microsoft spent $145B in capex last fiscal year and has $329B in future data center lease commitments. 4. Oracle $ORCL delivered more than 300,000 GPUs to AI cloud customers since the end of Q4, nearly tripling the capacity delivered in Q4 FY26. The company’s RPO surged by $209B YoY to $664B after booking more than $30B of additional AI cloud contracts in Q1. Q1 revenue came in at $19.3B versus $19.14B expected, up 30% YoY, while adjusted EPS was $1.92 versus $1.74 expected, also up 30% YoY. Cloud revenue reached $11.6B, up 62% YoY, led by cloud infrastructure revenue of $7.4B, up 121% YoY. Oracle also guided FY revenue to at least $90B and adjusted EPS to $8.10, while disclosing $28.5B of capex, -$5.4B of free cash flow, and a $20B ATM equity program. 5. The top 10 most active options today by contracts traded were $AAPL with 2.8M contracts, $NVDA with 2.3M contracts, $TSLA with 1.6M contracts, $SPCX with 1.2M contracts, $MU with 769K contracts, $META with 750K contracts, $ORCL with 733K contracts, $INTC with 628K contracts, $GOOGL with 475K contracts, and $AMZN with 409K contracts. 6. Adobe $ADBE reported Q3’26 revenue of $6.8B versus $6.69B expected, up 13% YoY, with adjusted EPS of $6.13 versus $6.09 expected, up 15% YoY. ARR reached $27.5B, while RPO came in at $22.2B and AI-first ARR growth was 150%+. Adobe also raised its FY26 guide, now expecting revenue of $26.58B-$26.63B and EPS of $24.45-$24.50, both ahead of estimates. Segment strength remained broad, with Customer Groups revenue at $6.6B, up 14% YoY, and Creative & Marketing Professionals revenue at $4.7B, up 13% YoY. The company also crossed 1B+ monthly active users, calling it a defining moment for Adobe. 7. Uber $UBER CEO Dara Khosrowshahi bought 141K shares for about $10M at an average price of $70.96. The purchase marks Dara’s first open-market buy of Uber stock since May 2022, when he bought 200K shares at roughly $26.73. A $10M insider buy from the CEO is a notable confidence signal as investors continue watching Uber’s growth, margin expansion, buybacks, and long-term autonomous vehicle strategy. 8. Nvidia $NVDA CEO Jensen Huang says cybersecurity is likely AI’s next major market, as AI-generated code accelerates both software development and the vulnerabilities that come with it. Huang said rapidly evolving threats should drive more demand for AI-powered security and automated defenses, creating another major growth vertical for the technology. He also pushed back on the idea that Nvidia’s AI financing is “circular,” saying, “We put a little bit of money in and a lot of money comes back. We put in 1 and 100 comes back in.” Huang added that the financing only happens because the off-take is already there: “That off-take is $100B. It’s lined-up contracts. It is real stuff.” He said Nvidia knows where the demand is coming from, understands the quality of that demand, and that its financing is only a “very small part” of these projects. 9. SpaceX $SPCX CFO Bret Johnsen said the company signed another AI compute hosting deal that will generate $1.11B of revenue per month, or $13.3B annually, starting December 1, 2026. “Earlier this month, we closed another hosting deal. By the end of this year, with annualizing our December number, we're on track to hit $100B of ARR,” Johnsen said at Goldman Sachs’ Communacopia and Technology Conference. The update highlights how quickly SpaceX’s AI compute business is scaling into one of the largest infrastructure revenue stories in the market. 10. GameStop $GME CEO and Chairman Ryan Cohen bought 1M shares at an average price of $20.38, a purchase worth roughly $20.4M. His Form 4 shows 39.35M shares directly owned, while a new 13D reports 43.1M shares beneficially owned, equal to an 8.5% stake. The buy adds another insider-confidence signal at a time when investors are watching how Cohen plans to deploy GameStop’s balance sheet and reshape the company’s long-term strategy. 11. Robinhood $HOOD ended August with 28.6M funded customers, up 7% YoY, while total platform assets reached $383.7B, up 8% MoM and 26% YoY. Net deposits were $4.0B. Trading activity stayed strong, with equities at $335.4B up 68% YoY, options at 292.5M contracts up 50% YoY, crypto at $17.5B up 61% MoM but down 38% YoY, and event contracts at 4.7B, down 23% MoM but up 15x YoY. Interest-earning assets also continued scaling, with margin balances at $21.5B up 72% YoY, cash and deposits at $19.6B up 37% YoY, and cash sweep at $31.2B up 7% MoM. Robinhood also expanded the platform with agentic options and crypto trading, Robinhood Earn, Smart Income, UK crypto trading, 190+ stock tokens on Robinhood Chain, and additional Cortex and IPO Access features for RIAs. 12. Saudi oil output fell to its lowest level since 1990, as Saudi Arabia told OPEC its production declined again. At the same time, OPEC cut its 2026 global oil-demand growth forecast to 380K bpd from 580K bpd, while raising its 2027 demand-growth outlook to 2.36M bpd from 2.16M bpd, signaling a potential rebound next year. OPEC+ crude production averaged 38.05M bpd in August, up roughly 300K bpd from July. The backdrop is getting more complicated for markets, with oil pushing past $100/barrel and the 10-year Treasury yield near 4.9%. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting bullish 1416 eng

  S a a S S u m m e r $PLTR 107 —> $179 $SHOP $97 —> $157 $RDDT $120 —> $155 $ADBE $193 —> $271 $NOW $80 —> $125 $DDOG $105 —> $252 $TEAM $57 —> $165 $ZETA $18 —> $29 $IGV +42% from April lows anyone who took a chance on software over the past few months, especially in the face of semis ripping higher daily, deserves to enjoy this one quality businesses that are governing and orchestrating tokens got sold off for fears from model companies that ultimately will be providing AI tools to make the application layer even stronger the rotation to SaaS is also not taking away from semis which is strong for the broader health of the market

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• @StockSavvyShay bullish 1308 eng

  Michael Burry added to $PYPL, saying the market has been “attending PayPal’s wake for years” while the company buys back stock “hand over fist.” He also added to $ADBE calling Adobe a “clear deep-value opportunity” with gross margins near all-time highs. https://t.co/4uTZ4A3r8x

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• @StockSavvyShay bullish 1007 eng

  10 STOCKS CHEAPER THAN THE MARKET MULTIPLE 1. $MU | Micron 2. $SNDK | Sandisk 3. $CRM | Salesforce 4. $ADBE | Adobe 5. $META | Meta 6. $NVDA | Nvidia 7. $DELL | Dell 8. $QCOM | Qualcomm 9. $PYPL | PayPal 10. $MSFT | Microsoft

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• @Mr_Derivatives bullish 985 eng

  🚨 The CEO of $LLY just bought ~$2M worth of $ADBE stock yesterday… Whoa. Insiders sell for a number of reasons. But they buy for just one reason… https://t.co/yg7qFTa7H5

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