ShardsSharee

Professional raider👮‍♂️

[Elon Musk @elonmusk]

Starlink now in UAE! 🇦🇪

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says the US is striking Iranian targets near the Strait of Hormuz and warns Iran not to retaliate.

Brent crude oil prices are nearing $95/barrel.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Brent crude oil prices surge above $92/barrel after two oil tankers are struck in the Strait of Hormuz.

Markets are pricing-in another wave of inflation.

[FOX College Football @CFBONFOX]

Texas Tech’s Joey McGuire had something to say about USC’s opening-game crowd 👀

[Shay Boloor @StockSavvyShay]

$SPCX just launched NASA’s $4B Roman Space Telescope aboard Falcon Heavy on a nearly 1M-mile journey to L2.

Roman will map the universe at a scale Hubble never could as SpaceX continues scaling the launch infrastructure needed to support really ambitious missions.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Michael Saylor hints at buying more Bitcoin 👀

“We’re ₿ack.” 🚀

[The Kobeissi Letter @KobeissiLetter]

The strength of this market is unprecedented.

The S&P 500 has traded for 22 consecutive sessions without a decline of at least -1.0%.

Furthermore, the Volatility Index, $VIX, has closed at or below 16 points for 18 straight trading days.

On Friday, the $VIX finished at 14.4 points, its 2nd-lowest daily close since December 2025.

This is ~20% below its 1-year average of ~18.0 points.

The S&P 500 has now added nearly +$12 trillion in market cap since the March 2026 bottom and stands just ~1.5% below its all-time high.

US stocks have been remarkably resilient.

[The Kobeissi Letter @KobeissiLetter]

Big Tech dominated earnings season:

The S&P 500's total market cap has surged +$1.75 trillion since Q2 earnings season began on July 13th.

The Technology sector alone accounts for +$1.39 trillion of that gain, or ~79% of the total.

Within tech, Microsoft, $MSFT, and Nvidia, $NVDA, added a combined +$1.42 trillion in market cap over this period.

By contrast, the other 71 stocks in the sector lost a combined -$22.3 billion.

Health Care added +$345.2 billion in value, followed by Financials at +$192.7 billion and Energy at +$174.7 billion.

On the other hand, Communication Services lost -$299.6 billion, followed by Utilities at -$88.5 billion and Industrials at -$67.3 billion.

Big Tech has never been bigger.

[Krista Letz @kristaletz]

Grok Bot for GTM https://t.co/mPtQPCoTeE

[unusual_whales @unusual_whales]

BREAKING: Russia has said that it could strike British military targets inside and outside Ukraine if Kyiv uses long-range British cruise missiles against targets deep inside Russian territory, per NYP

[The Kobeissi Letter @KobeissiLetter]

Most people don't realize what just happened.

Nvidia just posted what we believe are the most impressive earnings in history, with market-wide implications.

This implies $670+ BILLION in revenue next year, up +2,390% from FY2023.

What's happening? Let us explain.

(a thread)

[*Walter Bloomberg @DeItaone]

🇺🇸US DATA RUNS HOT: INFLATION STICKY, DEMAND FIRM

INFLATION

• Headline PCE MoM: +0.2% vs +0.1% est.; prior -0.1%
• Headline PCE YoY: +3.7% vs +3.6% est.; prior +3.7%
• Core PCE MoM: +0.2% vs +0.2% est.; prior +0.1%
• Core PCE YoY: +3.3% vs +3.3% est.; prior +3.3%

GDP

• Q2 GDP annualized: +1.5% vs +1.5% est.; prior +1.5%
• Personal consumption: +3.4% vs +3.2% est.; prior +3.2%
• GDP Price Index: +6.4% vs +6.2% est.; prior +6.2%
• Core PCE QoQ: +3.6% vs +3.4% est.; prior +3.4%

INCOME & SPENDING

• Personal income MoM: +0.4% vs +0.2% est.; prior +0.2%
• Personal spending MoM: +0.2% vs +0.1% est.; prior +0.3%
• Real personal spending MoM: 0.0% vs 0.0% est.; prior +0.4%

DURABLE GOODS

• Durable goods orders MoM: +1.1% vs +0.5% est.; prior +0.5%
• Durables ex-transportation: +0.4% vs +0.6% est.; prior +0.7%
• Core capital goods orders: +0.2% vs +0.7% est.; prior revised to +1.7%
• Core capital goods shipments: +1.4% vs +1.0% est.; prior revised to +2.4%

BOTTOM LINE: Inflation remains sticky while consumer demand and headline durable goods beat expectations. GDP growth was in line, but stronger price pressures could keep the Fed cautious on rates.

[Future Stacked @FutureStacked]

🚨 BREAKING: Elon Musk says Starlink will soon run on a single account that covers your home internet and your phone.

High-speed internet beamed directly from satellite to your phone. No cell towers, no carriers, no middlemen.

If it works as promised, dead zones stop existing. You could stream HD video from the middle of the ocean, a desert, or anywhere on the planet.

SpaceX isn’t just competing with internet providers anymore. It’s coming for the entire telecom industry.

[Bull Theory @BullTheoryio]

🚨BREAKING: 🇺🇸 Bessent says any entity who facilitates money laundering for Iran will be removed from the U.S. dollar system.

[The Kobeissi Letter @KobeissiLetter]

Key Events This Week:

1. August CB Consumer Confidence data - Tuesday

2. July New Home Sales data - Tuesday

3. July PCE Inflation data - Wednesday

4. US Q2 2026 GDP data - Wednesday

5. Nvidia, $NVDA, Reports Earnings - Wednesday

6. August MI Consumer Sentiment data - Friday

7. August MI Inflation Expectations data - Friday

We have a big week ahead of us.

[The Kobeissi Letter @KobeissiLetter]

AI is driving a historic global earnings boom.

The proportion of countries where earnings are estimated to decline YoY is down to ~5%, its lowest level since 2021.

This is also comparable to the lows seen in 2004-2006 and 2010-2011, following the recovery from the 2008 Financial Crisis.

By contrast, this reading spiked above 90% during the Financial Crisis and the 2020 pandemic.

Meanwhile, the MSCI All-Country World Index (MCWI) is up 13.4% year-to-date, and trading near its all-time high.

The index is on track for its 4th consecutive double-digit annual gain, following a +20.7% increase in 2025, +15.7% in 2024, and +20.2% in 2023.

The global bull market is broadening.

[threadguy @notthreadguy]

it seems crypto has been given the mandate of heaven right now. i almost can’t believe it

[Saturday Night Live @nbcsnl]

MAHAspital (The New Pitt)
Outstanding Picture Editing For Variety Programming (Segment)

🏆 FYC 🏆

[Nick Timiraos @NickTimiraos]

Treasury Secretary Scott Bessent discussed the decision to make a surprise change to debt-management in a CNBC interview on Thursday. Bessent said markets weren’t properly pricing fundamentals, warranting a more activist approach. He also said plans for fiscal consolidation are forthcoming.

“We're trying to signal that we think that this is a thinly traded area of the market, that we're in August, and there's been a lot of corporate issuance that's influenced the market. And we believe that there are many underlying factors in turn that the market is not looking at, and we are going to make a market in these.”

“We believe that the yields don't reflect the underlying fundamentals…. We believe that the liquidity, especially in the 30-year point, is very poor. And we are in the administration, we are, be announcing probably at the end of this week, beginning of next week an increased focus on fiscal consolidation.”

“People have bad information. I have asymmetric information, so I think that the market should think, well, why would we have joined the Japanese in the intervention at this time? Do we know something the market doesn't know that, in terms of being willing to do you know what I would call a Treasury twist here in terms of the bond market? What do I know that the market doesn't know? So I think the market's probably gotten a little ahead of itself, a lot of people not much to do in August.”

[Arthur Hayes @CryptoHayes]

An $ENA 5 bagger is just too easy ...