The NYC Memo

Trade like you got the memo. We read everything, so you read one memo.

[The NYC Memo @thenycmemo]

$VEEV Appoints Dan Rizzo EVP, Sales, Consulting, and Services; Thomas Schwenger Resigns

[The NYC Memo @thenycmemo]

Have You Been Trading Options Without Realizing It? Inside the Prediction Market Boom

Kalshi and Polymarket cleared roughly $47 billion of notional in July and have not given the pace back in August.

Kalshi trades at $668.29 while Polymarket trades at $140.11 in the pre-IPO market. (Source: Hiive)

Robinhood ($HOOD ) turned its own exchange into an earnings beat on July 29 and is now up 138% on the year.

Cboe ($CBOE ), the actual home of listed options, is selling a vertical spread in a prediction-market costume.

The sportsbooks funding all of it, $DKNG and $FLUT , sit at 2026 lows.

Here is why prediction markets are really options wearing a disguise, and what the tape says about who is winning.

https://t.co/DFDNbkllqj

[The NYC Memo @thenycmemo]

$ADI Earnings Preview: Options Price a ±6.2% Move
Street expectation
Adjusted EPS $3.37
Revenue $3.96B
https://t.co/a4xqFKcZXS

[The NYC Memo @thenycmemo]

$LOW Earnings Preview: Options Price a ±4.8% Move

https://t.co/fTszC4uQEz

[The NYC Memo @thenycmemo]

$TJX earnings preview: Options Price a ±4.6% Move

Adjusted EPS:
Street Expectation: $1.18
Whisper: +1.31% (Zacks ESP)
Revenue:
Street Expectation: $15.14B
Whisper: in line

[The NYC Memo @thenycmemo]

$TGT Earnings Preview: Options Price a ±7.1% Move

[The NYC Memo @thenycmemo]

Stocks in overbought category. Trade with caution.
$PLTR RSI - 73
$ZBRA RSI - 81
$ABNB RSI - 77
$ABT RSI - 73
$A RSI - 71

[The NYC Memo @thenycmemo]

https://t.co/6sj21TDv6F

[The NYC Memo @thenycmemo]

$NVDA Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to Establish AI Compute Infrastructure Financing Platforms to Mobilize Over $500 Billion of Third-Party Capital.

[The NYC Memo @thenycmemo]

$BRK.B Berkshire subsidary PacifiCorp Faces $1.25B Wildfire Damages, Appeals Court Reverses Key Verdict.

[The NYC Memo @thenycmemo]

$TDY Teledyne to Acquire $VREX Varex Imaging in All-Cash Merger Agreement.

$VREX up 48% pre-market.

[The NYC Memo @thenycmemo]

As $SCHW (Charles Schwab) reaches its 52 wk high with a golden cross on Aug 4, its executives sold $90M in company shares in the past two weeks.

SCHW Co-Chairman Walter W. Bettinger Sold $44.65M while Charles R. Schwab sold ~$35M in shares.

[The NYC Memo @thenycmemo]

Additionally, Mr. Saccaro will receive a one-time make-whole award of $6,250,000 in restricted stock units and a one-time make-whole cash award of $1,250,000. Wetteny Joseph transitioned from CFO to Special Advisor to the CEO, effective August 16, 2026, until February 28, 2027. $ZTS

[The NYC Memo @thenycmemo]

$ZTS Appoints James Saccaro CFO and COO, Compensation Package Includes $1M Base, $5M LTI.

[The NYC Memo @thenycmemo]

Datadog, Inc. ($DDOG ) stated its largest customer reduced usage beginning in Q3 2026, which may negatively impact revenue and dollar-based net retention, sending the stock in a downward spiral.

[The NYC Memo @thenycmemo]

$SPCX The retail sees the future, institutions see the math. Which side you are on?

[The NYC Memo @thenycmemo]

$CMG Cooperating with Authorities on Salmonella Outbreak, Removed Jalapeños from Restaurants.