jwbartelt

[Ferdinand Dabitz @FerdiDabitz]

Augustus has raised 180M$ on 1B$ to build the Global Dollar Bank.

The dollar is the best product in the history of the world - with infinite global demand.
But International Fintechs and non-US banks are left with two unsatisfying options to access it: Either they build on legacy clearing banks that are slow and unreliable, or they interface with middleware providers that don’t move and hold dollars directly, but themselves rely on underlying legacy banks.

@augustus_bank collapses this stack by combining two things: direct dollar access and Marble, our proprietary bank core, built around intelligence and made of code.

If you’re looking to build on the dollar - message me directly or check us out at https://t.co/jz3rVcCu7H.

[Augustus @augustus_bank]

Augustus raised a $180M Series B at a $1B valuation to accelerate our mission to dollarize the world — giving financial institutions around the world direct, programmable access to dollar accounts and rails.

This round was led by Tiger Global, with participation from @QEDInvestors, @HummingbirdVC, existing investors, the founders of Ramp, Deel, Nubank, Circle and many more.

Two months ago, we secured conditional OCC approval for a national bank charter. Now, we have the funding to match the vision: building the Global Dollar Bank.

Link to the full story with Bloomberg in the comments.

Long Live Augustus!

[jwbartelt @jwbartelt]

$ELUT SD sale adds 25% of it's MC in cash/deal receivables to an already well funded balance sheet.

[Aakash Gupta @aakashgupta]

America already made daylight saving time permanent once. In December 1973, 79% of Americans supported it and Nixon signed it into law. By February 1974, eight weeks into the experiment, support had collapsed to 42%. The policy never changed. Winter arrived.

Sunrise in Washington DC came at 8:27am. Kids left for school in total darkness, carrying flashlights and wearing reflective tape. When Congress moved to repeal, members cited the deaths of eight Florida schoolchildren in the first weeks of the change.

The energy case collapsed too. The whole point was the oil embargo, and the Department of Transportation concluded the fuel savings were too small to matter. Ten months after signing it, Congress repealed it and Ford put the country back on standard time.

There's a mechanism that makes this cycle repeat: permanent DST is only ever voted on when the sun is up. Polls run in the abstract, votes happen in warm months, and the benefit, a free hour of evening light, is easy to imagine year-round. The cost is concentrated in about 10 weeks of dark winter mornings and only becomes real after implementation. So the policy polls beautifully right up until January.

Today's vote happened in July. The 1974 law passed in December, right before the exact winter that killed it. If this clears the Senate, the first real test arrives in January 2027, when sunrise in Indianapolis comes after 9am.

Sleep researchers have watched this loop for 50 years, which is why the American Academy of Sleep Medicine, the AMA, and the National Sleep Foundation all back the opposite reform, permanent standard time. Congress just picked the one version of clock reform America has already tried, hated, and repealed.

[Save Standard Time @SaveStandard]

👏 BREAKING: Reps Mary Gay Scanlon (D-PA) and Pat Harrigan (R-NC) introduce “Sunshine for Our Kids Act” to restore permanent Standard Time nationwide, as is best for health, safety, education, and economy! States would also be able to self-exempt. 👉 Tell your reps to sponsor!

[jwbartelt @jwbartelt]

@aschwartzphd @artan_bio @Mykalt45 @BTC_Biotech_guy Congrats Tony , co founders & team! GL Artan

[James Lucas @JamesLucasIT]

This is real footage from 120 years ago.

None of the people in it knew that the city around them had four days left...

What you are watching is a cable car gliding down Market Street in San Francisco, filmed on the 14th of April, 1906.

The camera was mounted on the front of the car, so you see the city exactly as it was: the crowds, the horse-drawn carriages, the early automobiles weaving through traffic, the men in hats, the great buildings rising on either side. An ordinary spring afternoon in a thriving American city.

Four days later, on the morning of the 18th of April, a magnitude 7.9 earthquake struck. The shaking lasted under a minute, but it ignited fires that burned through the city for days...

By the time it was over, more than 3,000 people were dead and roughly 80 percent of San Francisco had been destroyed. Almost every building you see in this footage was gone.

And the film itself nearly went with it.

The negative was placed on a train bound for New York on the 17th of April, the day before the earthquake. Had it left a single day later, it would have burned in the fire along with the studio that made it.

This entire moving record of a lost city survives because of one day...

[Save Standard Time @SaveStandard]

Sign this petition to Congress and the President to ditch Daylight Saving Time! https://t.co/683sdnTreP

[jwbartelt @jwbartelt]

@MuniBondz Congratulations to you and your lovely bride 🙏🏼

[TheHost @TheHost_]

I live next door to an Airbnb house. The people paid 40k above asking to beat out a family with kids..the house needed work. It got a Magnolia Makeover..

So I was just out string trimming weeds in my garden (look, it's a fast way to clear between rows!) And hear, "god, let's just go inside. You can't even enjoy the patio with that noise!"

Oh..is my maintenance of the property I own interfering with you using a single family home as a hotel?

Good.

[SixSigmaCapital @SixSigmaCapital]

iShares US Medical Devices ETF is down 21% YTD and 16% over the last 5 years. Pretty remarkable.

Think this group (health equipment/devices) and Life Sciences might be an interesting group to try look for some opportunities

[Ron DeSantis @RonDeSantis]

The Wall Street Journal defending bloated local budgets and opposing property tax relief for Florida homeowners.

Florida hasn‘t raised the homestead exemption outright since 1980 and the last partial exemption increase was enacted almost 20 years ago.

Both times people made similar arguments against property tax relief.

Although the ballot measure passed by the Legislature differs from my proposal, it is the best opportunity Floridians have had in years to obtain meaningful relief.

It is not “progressive”; it applies to all FL homesteads, modest to extravagant.

[jwbartelt @jwbartelt]

$CNXU $300m+ MC w/ 3D breast matrix + vs $ELUT $50m MC w/ breast matrix + drug elution technology.

[NextNav @NextNav]

Former Boston Fire Commissioner Joe Finn highlights the urgent need for accurate indoor 3D location to support firefighter safety during Mayday situations.

Knowing a responder's location means knowing the floor, level, and fastest path to reach them when seconds matter.

Read more: https://t.co/W0FOeoovQS

#PublicSafety #FireService #NextNav

[Adam May @A_May_MD]

@SharkAlertsBio Actually I’m pretty shocked 😅

My prediction was 25% for $ABVX. Would’ve been pumped at 30%,

40.3% is literally the best efficacy number of all time…and in a once daily oral with no safety baggage whatsoever…shocking

[Adam May @A_May_MD]

$ABVX has developed the greatest ulcerative colitis drug of all time.

Time to start pricing in Crohn’s.

[jwbartelt @jwbartelt]

@hollertotide @AparicioCadiz Holler, TY for the thoughtful,balanced analysis. Excellent, thorough read.

[Hunter Allen @HunterAllen4]

$IPWR

Up 30%

One of the most overlooked infrastructure bottleneck plays in the entire AI trade.

Most investors are focused on GPUs.

That could become one of the biggest opportunities in the market.

REPOST. BOOKMARK. Subscribe for 1$ more deep research.

Ideal Power ($IPWR) is developing B-TRAN® — a patented bidirectional semiconductor power switch built for solid-state circuit breakers (SSCBs), EV contactors, battery disconnect systems, static transfer switches, energy storage systems, and high-voltage DC power infrastructure.

The company is still early.

But the setup is becoming extremely interesting because hyperscalers are now moving toward 800V DC architectures to support next-generation AI compute clusters.

This is where the story changes.

$NVDA and partners have already published reference architectures around 800V DC systems for Rubin Ultra-scale AI deployments.

That architecture explicitly includes solid-state DC breakers and advanced protection systems.

Not optional.

Required infrastructure.

AI racks are rapidly moving from:
• 10-50 kW historically
to
• 250-600+ kW
and eventually toward MW-scale racks.

Traditional 400V AC infrastructure becomes increasingly inefficient at those densities.

800V DC solves several major problems:
• Lower current
• Lower I²R resistive losses
• Massive copper reduction
• Lower heat generation
• Smaller infrastructure footprint
• Easier battery/storage integration
• Higher rack density

But there’s a major issue:

DC systems are much harder to protect safely.

Unlike AC, DC has no natural zero-crossing, meaning faults can sustain dangerous arcs and create massive reliability risks.

Mechanical breakers are too slow.

This is why solid-state circuit breakers are becoming critical infrastructure for next-generation AI data centers.

And this is EXACTLY where B-TRAN fits.

B-TRAN’s advantages are what make this potentially disruptive:

• True bidirectional operation in a single device
• ~5x lower conduction losses in bidirectional applications
• Up to 75% fewer switching components
• Lower cooling requirements
• Smaller system footprint
• Lower overall system costs
• Microsecond-level fault interruption
• Lower heat generation
• Better overall PUE efficiency

A 1-2% infrastructure efficiency improvement can save operators millions annually while improving “tokens per watt” economics.

On May 14, $IPWR disclosed an LOI to co-develop a B-TRAN-enabled SSCB prototype for a U.S. hyperscaler supporting NVIDIA Rubin Ultra 800V DC architecture.

Target delivery:
Q4 2026.

Additional commercialization progress includes:

• Lead Asian circuit protection customer developing SSCB prototypes for 800V AI data centers and energy systems
• Medium-current SSCB projects for storage and data center applications
• Stellantis EV deliverables expected mid-2026
• Multi-year co-development and sales agreement for protection products
• Engagements with additional multinational suppliers and OEMs

Management stated the funnel increased roughly 50% since early 2026.

And the opportunities are diversified across:
• AI data centers
• Energy storage
• Industrial/grid infrastructure
• Automotive/EVs

This is important because B-TRAN is not a one-market technology.

Recent numbers:
• Q1 2026 revenue: $0
• Q1 net loss: ~$3.6M
• Q1 cash burn: ~$2.3M
• Cash balance March 2026: ~$16.4M
• Recently completed ~$30M direct offering
• NO debt

Because this isn’t competing directly against NVIDIA.

And if 800V DC architectures become the new standard for AI data centers, technologies enabling safer and more efficient power distribution could become massively valuable.

Especially if they reduce:
• power losses
• cooling costs
• component counts
• infrastructure footprint

That is the core bull thesis for $IPWR.

Sub-$100M market cap.

Over $300M sales funnel.

No debt.

That’s why the move today matters.

$MSFT $GOOG $MX $NVDA $VOO $NBIS $NVTS $IREN $AMD $SIVE $TE $AVGO $CEG $PWR

[NextNav @NextNav]

Back on the roof in San Jose, NextNav engineers conducted another real-world coexistence demonstration using our 5G PNT Network. This time they tested devices commonly used in the security and alarm industry.

A smoke detector and panic button continued to operate successfully, even in close proximity to a live 5G base station transmitting at full power.

Sometimes the best proof is seeing it for yourself.
#NextNav #5G #PNT

[NextNav @NextNav]

https://t.co/rA8dSrfW51