Good morning.
The Fast Five → Elon Musk rattles the telecom industry, shares of memory giants drop, Alphabet seeks up to $25B from its latest bond sale, gold at seven-week high, and Masa Son doubles down on AI bets…
📌 Major BUY Alert: Elon/AI/China/trillions of dollars →
(A message from InvestorPlace)
Calendar: Full Calendar »
Today:
Unemployment Rate, 8:30A
Monday:
None watched
Your 5-minute briefing for Friday, August 7:
BEFORE THE OPEN
As of market close 8/6/2026.
Pre-Market:
Market Wrap:
Futures: Dow -116 (-0.2%), S&P +0.1%, Nasdaq flat
Thu: Dow -460 (-0.87%), S&P -0.2%, Nasdaq -0.1%
Higher oil prices pressured stocks Thursday
Chip stocks continued to outperform this week
Investors await the July jobs report
Markets remain optimistic on easing inflation
Week: Nasdaq leads, helped by a 5%+ gain in semis
EARNINGS
Is This Elon's Most Brilliant Gambit to Date?
This ingenious scheme – hatched in the shadow of the Global Financial Crisis – could come to fruition in the coming weeks.
It may turn Elon into a multi-trillionaire while erasing a looming threat one top Trump insider calls "an economic apocalypse."
- a sponsored message from InvestorPlace -
HEADLINES
On SpaceX’s earnings call this week, the company confirmed Semafor’s earlier reporting that it planned to move into the mobile business.
The SoftBank CEO is using borrowed money and financial sleight-of-hand to double down on the AI boom.
Dow slips from record as Treasury yields rise, earnings roll on (more)
Trump announces tariffs on solar panels, semiconductor components (more)
Treasury yields rise as traders sharpen focus on rates (more)
FCC chair says robot import restrictions aim to boost US production (more)
FCC votes to lift broadcast ownership cap (more)
US workers' share of GDP skids to fresh record low (more)
Oil gains on supply concerns as Houthis attack Saudi deployments (more)
Gold at seven-week high on weak payrolls data and Hormuz deal hopes (more)
Top US mortgage lender plunges most ever after pausing dividend (more)
Shares of memory giants drop on soft guidance (more)
SpaceX stock climbs as shares available for trading more than double (more)
Warner Bros' revenue disappoints on soft ad sales, weak box-office (more)
Britain clears $110B Paramount-Warner Bros. merger (more)
Alphabet seeks up to $25B from its latest bond sale (more)
Airbnb stock soars 9% on earnings and revenue beat (more)
World's biggest spirits maker pops 4% on $1 bln cost-cutting plan (more)
Jane Street looks to rework $11B debt into private credit (more)
OpenAI seeks dismissal of Apple's trade secrets lawsuit (more)
DEALFLOW
M+A | Investments
EasyJet agrees $7.7B takeover by Apollo as Castlelake walks away
Advanced Micro Devices to buy startup Taalas for new AI chips
Bain Capital to buy bubble tea chain Gong cha
Constellation Energy to sell gas plant to LS Power
Syntasa receives investment from Verix Equity Partners
Boxzooka receives investment from Tower Arch Capital
ReCode Therapeutics receives investment from Cystic Fibrosis Foundation
TENICA Global Solutions receives investment from McNally Capital
VC
Hadrian, a developer of automated factories for aerospace, raised $1.37B in Series D funding
Lumilens, a connectivity platform for AI infrastructure, raised over $700M in Series C funding
Vedanta Biosciences, a provider of oral therapies for gastrointestinal diseases, raised $60M in funding
Sapiom, a platform specializing in AI agent management, raised $35M in Series A funding
HealthSnap, an AI-powered virtual care management platform, raised $25M in funding
Triangle, an end-to-end live entertainment platform, raised $15M in combined equity, debt funding
Malachyte, an intelligence platform developing real-time solutions, raised $10M in Seed funding
Avatar Robotics, an industrial labor platform, raised $6.5M in Seed funding
Meduloc, an orthopedic medical device company, raised $4M in Series B funding
Shelfmark, a physical AI production intelligence platform for continuous-flow manufacturing, raised $3.5M in Seed funding
CRYPTO
US Senate will vote on CLARITY crypto bill 'without any further delays' (more)
Bitcoin steadies above $64K as traders watch $100B SpaceX unlock (more)
Coldcard hackers transfer 64 BTC and 200 ETH to cryptocurrency mixers (more)
JPMorgan: Hyperliquid ETF inflows have stalled as competition mounts (more)
BULLISH BITES
📈 NY Times: What Elon's building is stunning. *
🔮 Kalshi banks on its predictions’ accuracy.
😎 Vogue just gave another nod of approval to the tech world.
✈️ It’s easier than ever to fly private without your own jet.
🌭 The rise of the $100 hot dog.
DAILY SHARES
Have feedback or a suggestion?
💌 Send us a message
*sponsored message
Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team.
