Signet

[Signet @realToTheMoon1]

@WatcherGuru @vladtenev let’s just eat them all now. Been waiting for too long.

[Robinhood Crypto @RobinhoodCrypto]

Two words: Robinhood Chain.

[Signet @realToTheMoon1]

@vladtenev

[Signet @realToTheMoon1]

@Sam_Badawi

[amit @amitisinvesting]

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.

[Signet @realToTheMoon1]

@unusual_whales Minimum 1M in the Bay Area

[Signet @realToTheMoon1]

@vladtenev Are we ready to take off now? I am ready $HOOD

[Vlad Tenev @vladtenev]

Most companies build products. Today we build a head start for American children.
🇺🇸

[The White House @WhiteHouse]

"The great thing about Trump Accounts is they deliver on the promise of ownership and skin in the game from birth. They also build an appreciation for our great country." - @RobinhoodApp Founder & CEO @VladTenev

[WallStreetAlpha @WallStreetAlfa]

Robinhood chain is flying 📈

Ansem said it's a net positive for crypto.

@vladtenev is bull posting.

27m funded accounts will have access to crypto.

$HOOD stock is up.

RH memecoins are pumping
(cash-cat:native, hoodrat-4:native)

imo Robinhood trenches won't just die after a few days.

[Signet @realToTheMoon1]

@vladtenev @WhaleInsider @Adam_Tehc LFG $HOOD @RobinhoodApp

[Vlad Tenev @vladtenev]

Robinhood Summer is here ☀️

[Signet @realToTheMoon1]

@FoxNews $HOOD 👈🏻

[Signet @realToTheMoon1]

@TrendSpider Team America, Team Long

[Signet @realToTheMoon1]

@AndrewYang You can do Yang Account for the kids born between 2016 and 2024, just remember to put it on $HOOD.

[Signet @realToTheMoon1]

@WatcherGuru Guess @jimcramer team up with Michael Burry

[Signet @realToTheMoon1]

@amitisinvesting @optionscjp Cannot wait

[amit @amitisinvesting]

$HOOD

ROBINHOOD CEO VLAD TENEV:

"We're very focused on making sure that everyone hears about Trump Accounts and encouraging people to tell their friends and loved ones that these accounts are there."

Whether or not you support the Trump adminstration, if you care about capital markets, this policy is a SLAM DUNK.

American youth do not care about markets or financial literacy and this is really a structural problem around incentives and education. Giving people a tiny piece of the greatest economy in the world and letting them see it grow is an INCREDIBLE way to get them to think more positively about markets and discover the life changing opportunities that exist within them.

As a $HOOD shareholder...man. This is so, so bullish. The design of these Trump accounts were developed by Robinhood. The sleek feel and easy UI to interact with is all Robinhood. The accounts themselves on HOOD's platform will compound their AUM growth but more importantly, the fact that the US gov chose Robinhood to play such a big role here...this is not your average financial institution.

They are on the cutting edge of everything happening in financial markets on a global scale and the fact that their brand is so intimately tied with America's youth getting a piece of the stock market at birth is just incredible...Vlad is on a mission.

LFG.

[Hood House @hood__house]

🚨 $HOOD CEO VLAD TENEV ON TRUMP ACCOUNTS

"We do generate revenue from this."

"It's a tremendous honor to be associated with this program."

"62% of Americans own stock. The question we ask ourselves is how can we get that to close to 100%."

[Vlad Tenev @vladtenev]

250 years in, and we're still finding new ways to build toward the American dream.

I believe expanding ownership will lead to a free, stable, and prosperous society, and Trump Accounts help get us there. Proud to play a part in this initiative. 🇺🇸