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THE DAILY PULSE


Robinhood Rallies as AI Trading Tools Debut and Ventures Fund II Prices
Robinhood shares climbed more than 4% Thursday after the broker unveiled new AI-driven trading tools, adding another leg to a growth story that already spans funds, crypto, and tokenization. The stock has been one of the year's stronger fintech performers as product launches keep stacking. The company also priced Robinhood Ventures Fund II, an 8-million-share IPO at $25 that creates a $225.5 million vehicle focused on early-stage private companies — extending retail investors
Aug 211 min read


Riot Sold 4,300 Bitcoin Last Quarter to Bankroll Its AI Buildout
Riot Platforms sold 4,300 bitcoin during the second quarter — bringing first-half 2026 sales to 9,665 BTC — to help fund operations and its rapidly expanding data center business. The disclosure sharpens the picture of a miner deliberately converting its bitcoin treasury into AI infrastructure capital. The pivot is anchored by Riot's 20-year, 191-megawatt lease with Anthropic, projected to generate roughly $9.1 billion in revenue through 2048. Even after the sales, Riot still
Aug 211 min read


Copper's Record Run Keeps Freeport-McMoRan in the Spotlight
Copper prices climbed to fresh records this month, powered by tight mine supply and structural demand from electrification, grid expansion, and data center construction. As one of the world's largest copper producers, Freeport-McMoRan has drawn outsized investor attention as the rally extends. Freeport shares have tracked the metal higher, and the company's variable-dividend framework gives shareholders direct exposure to the price strength: the board's latest payout of $0.15
Aug 211 min read


Crude Tops $87 as Energy Shares Extend Their Run
Oil prices pushed higher this week, with WTI crude topping $87 a barrel in Thursday trading — extending a 2026 rally that briefly carried the benchmark above $100 earlier this summer. Tight supply and resilient demand have kept the energy tape firmly bid even as broader equities wobble. BP gained more than 3% on the session as investors positioned in names most leveraged to firmer crude, refining margins, and trading conditions, with the company still riding momentum from a s
Aug 211 min read


Walmart Slides 4% as Slowing U.S. Comps Overshadow the Beat
Walmart shares fell sharply Thursday even after the retailer beat on both lines, with adjusted earnings of $0.81 per share topping the $0.74 consensus and revenue rising 5.9% to $187.9 billion. The stock, which traded near $114 before the report, dropped as much as 7% premarket before paring losses through the session. The culprit was comparable sales. Walmart-only U.S. comps excluding fuel rose 2.6%, well short of the roughly 3.7% analysts expected and the slowest quarterly
Aug 211 min read
Bryan Johnson Adds a Dog to His Longevity Protocol
The Blueprint founder adopted a Belgian Malinois puppy named Katara on August 20, citing research linking dog ownership to a roughly 24% lower risk of early death — his simplest longevity intervention yet.
Aug 212 min read


Coca-Cola Clears $90 for the First Time
Coca-Cola shares broke above $90 for the first time on Tuesday, reaching $90.35 and taking out the prior 52-week high set on July 29. The stock is up roughly 25% in 2026, far outpacing the broader consumer staples group. The rally builds on stronger-than-expected second-quarter results and a raised full-year outlook, which eased concerns that years of price increases might eventually weaken demand. Defensive names have also benefited as investors rotate away from richly value
Aug 201 min read


Clover Health Turns Its First GAAP Profit as Revenue Jumps 56%
Clover Health reached a milestone in its second quarter, reporting GAAP net income of $28 million — its first profitable quarter on that basis — alongside a 55.6% year-over-year jump in revenue. The result marks a $39 million improvement from the prior year's net loss. Adjusted EBITDA came in at $41 million, and shares jumped after hours following the report as results topped forecasts. The Medicare Advantage insurer credited its AI-powered Clover Assistant platform for impro
Aug 201 min read


Nike Languishes Near 12-Year Lows After JPMorgan Downgrade
Nike shares fell to a 12-year low this week, closing at $39.09 on Monday before recovering modestly to around $40 by Tuesday. The stock now trades roughly 78% below its 2021 peak after JPMorgan downgraded shares to Underweight, cutting its price target to $40 and warning that CEO Elliott Hill's turnaround decisions will pressure earnings into fiscal 2028. The pressure is concentrated in China, where Nike has posted eight consecutive quarters of falling Greater China revenue a
Aug 201 min read


Fed Minutes Flag Possible Tightening as Jackson Hole Nears
Minutes from the Federal Reserve's July meeting, released Wednesday afternoon, showed many participants assessed that policy tightening would likely be necessary if inflation did not decline. The committee left rates unchanged at 3.50%-3.75% in July, but the decision drew three dissents, with regional presidents Logan, Hammack and Kashkari each voting for a quarter-point hike. Stocks shrugged off the hawkish tone, with the S&P 500 adding 0.21% to close at 7,707.98 and the Dow
Aug 201 min read


Walmart Posts Q2 Beat and Raises Full-Year Outlook
Walmart reported second-quarter results before the bell Thursday, extending its streak of revenue beats to 26 straight quarters and raising its full-year guidance. Analysts had projected earnings near the top of management's $0.72 to $0.74 range, and the retailer's return to its beat-and-raise playbook was led by strong digital sales. Operating income grew faster than revenue, in line with guidance for 7% to 10% adjusted operating income growth against 4% to 5% net sales grow
Aug 201 min read


30-Year Yield Hits a Two-Decade High as Chip Stocks Sell Off
U.S. equities closed lower Tuesday as the 30-year Treasury yield climbed to its highest level in nearly two decades. The Dow Jones Industrial Average fell 272.63 points, or 0.5%, to 53,459.78. The S&P 500 slipped 40.7 points, or 0.5%, to 7,745.06, and the Nasdaq Composite lost 84.25 points, or 0.3%, to 26,644.91. Semiconductors took the brunt of the selling, with a closely watched chip gauge falling about 5% as investors questioned valuations across AI-linked names. Rising oi
Aug 191 min read


Tyson Shuts Beef Plants and Names a New CEO as Cattle Costs Bite
Tyson Foods is consolidating its beef operations. The company said it will close facilities in Joslin, Illinois, and Eagle Mountain, Utah, pursue a sale of its Pasco, Washington plant, and concentrate beef processing around three central U.S. sites. The moves follow an August 3 warning that losses in the beef segment would widen further. Tyson now forecasts an adjusted operating loss of $500 million to $650 million in its fiscal 2026 beef business, up from a prior range of $3
Aug 191 min read


Virgin Galactic Wins Final Approval of $2.75 Million Derivative Settlement
Virgin Galactic disclosed that the U.S. District Court for the Eastern District of New York granted final approval on August 14 to a settlement resolving two consolidated shareholder derivative lawsuits. The company will receive a $2.75 million insurance-funded payment, retaining roughly half, with the remainder directed to plaintiffs' counsel. The settlement is funded by insurance rather than the company's balance sheet, so the cash impact is modest in either direction. Its
Aug 191 min read


Chevron Adds an Angola Discovery as Its $1.78 Dividend Goes Ex-Date
Chevron shares trade ex-dividend today on a quarterly payout of $1.78 a share, the latest installment in a distribution the company has prioritized through a volatile stretch for crude. The stock has been pressured by swings in oil prices even as the broader energy complex firmed this week on renewed Middle East supply concerns. Separately, Chevron disclosed an oil and gas discovery offshore Angola, adding a resource that could support production growth in a region where the
Aug 191 min read


Home Depot Beat Sets the Tone for Walmart's Thursday Report
Home Depot reported fiscal second-quarter sales of $47.86 billion on Tuesday, up 5.7% and ahead of the roughly $47.27 billion analysts expected. Adjusted earnings of $4.92 a share topped the $4.73 consensus, and the company reaffirmed its full-year guidance. Shares rose about 2% in premarket trading before the broader market turned lower. The composition of the beat matters more than the headline. Management said repair and maintenance demand carried the quarter while big-tic
Aug 191 min read


Kroger Names New eCommerce Chief Ahead of Second-Quarter Report
Kroger has appointed Nate Faust as Executive Vice President and Chief eCommerce Officer, elevating digital operations as the grocer works to reset its strategy following the collapse of its proposed merger with Albertsons. The company also scheduled its second-quarter conference call with investors, putting a near-term checkpoint on the plan. The appointment addresses one of the clearer pressure points in the business. Kroger has been contending with softer store foot traffic
Aug 181 min read


DraftKings Lines Up $600 Million Term Loan After Softer Second Quarter
DraftKings has launched a $600 million Term Loan B facility, adding to its balance sheet roughly a week after reporting second-quarter results that showed profitability improving even as revenue declined. The financing gives the sportsbook operator additional flexibility as it funds product expansion and marketing into the autumn sports calendar. For the June quarter, DraftKings reported earnings of $0.09 per share against consensus of $0.03, while revenue of $1.44 billion fe
Aug 181 min read


Silver Near $65 an Ounce Lifts Margins at Hecla and Pan American
Silver settled just under $65 an ounce late last week, a level that has materially widened the margin cushion for North American miners heading into the second half of 2026. The strength reflects continued tightness in physical supply alongside investor demand for precious metals amid elevated geopolitical risk. Hecla Mining shares advanced 3.6% on the move. The company lifted second-quarter silver production 8% sequentially to 4.2 million ounces, with consolidated cash costs
Aug 181 min read


NIO Deliveries Jump 71% in July as ES8 Nears 140,000 Units
NIO delivered 35,934 vehicles in July, a 71% increase from the same month last year and one of the strongest monthly figures in the company's history. The total broke down to 20,008 units from the core NIO brand, 10,155 from ONVO, and 5,771 from FIREFLY, underscoring how quickly the multi-brand strategy has scaled. Year to date through July, the Chinese automaker has delivered 227,057 vehicles, up 68% year over year, bringing cumulative deliveries since inception to 1,224,649
Aug 181 min read
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