OpenAI <> Broadcom

OpenAI to launch its first AI chip with Broadcom, Treasury traders gear up for payrolls report to cement bets, Trump's Fed pick vows Fed independence, Trump finalizes Japan trade deal, and Musk won’t be attending Trump’s tech CEO dinner at the White House...

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Good morning.

The Fast FiveOpenAI to launch its first AI chip with Broadcom, Treasury traders gear up for payrolls report to cement bets, Trump's Fed pick vows Fed independence, Trump finalizes Japan trade deal, and Musk won’t be attending Trump’s tech CEO dinner at the White House…

📌 A controversial video is circulating through America from Wall Street to Washington. Written by a Palm Beach resident with a stunning track record of predicting economic shifts, it may be the most accurate assessment of what's really happening in America today. (ad)

Calendar: (all times ET) - Full Calendar

  • Today:
    Unemployment Rate, 8:30A
    Hourly Wages, 8:30A

  • Monday:
    None watched

Your 5-minute briefing for Friday, Sept 5:

BEFORE THE OPEN

As of market close 9/4/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↑ 34.60% for Week of AUG 28 2025

Previous week: 34.84%

Market Wrap:

  • Futures: Dow +4 (0.01%), S&P +0.09%, Nasdaq +0.2%

  • S&P hit fresh record close Thursday

  • Weak ADP jobs data lifted Fed cut hopes (97% odds for Sept)

  • E-Trade’s Larkin: too weak could spook economic outlook

  • Week-to-date: S&P +0.7%, Nasdaq +1.2%, Dow +0.2%

  • Broadcom +4% after Q3 beat, AI demand strong

EARNINGS

None watched today. Full calendar here »

"Strange" New Millionaires Popping Up Across America

A Wall Street veteran with a four-decade track record has issued a disturbing warning from his Palm Beach estate. His controversial video reveals why some Americans are getting rich while traditional investments stagnate.

 - a message from InvestorPlace Digest -

HEADLINES

OpenAI is set to produce its first artificial intelligence chip next year in partnership with US semiconductor giant Broadcom.

  • Stocks rally as hopes for rate cuts build (more)

  • Jobs report set to show growing cracks in market (more)

  • Trump finalizes Japan trade deal with 15% tariffs (more)

  • Big Tech elite lavish praise on Trump at White House dinner (more)

    • Musk did not attend Trump tech CEO dinner at White House (more)

  • Nasdaq unveils new listing rules to clamp down on stock manipulation (more)

  • Trump's Fed fight could backfire on the housing market (more)

  • Miran vows Fed independence while keeping White House role (more)

  • US private payrolls miss expectations in August (more)

  • Gold holds near record high with focus on key US jobs data (more)

  • Oil prices ease as investors await OPEC+ output decision (more)

  • Amazon pops as its Starlink competitor lands JetBlue deal (more)

  • Broadcom CEO forecasts big AI revenue gain as he takes on Nvidia (more)

  • Lululemon shares plunge as earnings guidance falls well short of estimates (more)

TOGETHER WITH PACASO

How 433 Investors Unlocked 400X Return Potential

Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.

Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.

Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.

The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

DEALFLOW

M+A | Investments

  • Amazon completes Axio acquisition

  • Citigroup hands $80B of wealth assets to BlackRock

  • Atlassian to buy The Browser Company for $610M

  • KKR buys South Korea’s Samhwa for $528M

  • Qualus acquires dk Engineering

  • Spinwheel receives strategic investment from Citi Ventures

  • Nanoramic receives investment from ITOCHU and Top Material

VC

  • Enveda, a biotechnology company, raised $150M in Series D funding

  • Galvanize Therapeutics, a medtech firm, raised $100M in Series C

  • Sesh+, a mental health support platform, raised more than $40M in total funding

  • Ketryx, a software quality management company, raised $39M in Series B funding

  • Recall.ai, an API provider for meeting data, closed a $38M Series B funding round

  • Allocate, a digital investment platform for venture capital, raised $30.5M in Series B

  • Orchard Robotics, an agricultural robotics company, raised $22M in Series A

  • Fiveonefour, a product design and innovation studio, raised $17M in total funding

  • Pave Finance, a financial planning startup, raised $14M in Seed funding

  • MagicDoor, a hospitality technology startup, raised $4.5M in Seed funding

  • Aurelius Systems, a defense tech company, raised $10M in Seed funding

  • Tidal Cyber, a cybersecurity provider focusing on Threat-Led Defense, raised $10M in Series A funding

  • Meroka, a care team admin platform, raised $6M in Seed funding

  • XiFin, a healthcare billing AI provider, received growth funding in an undisclosed amount

CRYPTO

  • Crypto rally falters as Trump tokens, stocks come under pressure (more)

  • Bitcoin faithful bet on Saylor’s Strategy being added to S&P 500 (more)

  • Public companies reach 1M Bitcoin, hitting 5.1% of BTC supply (more)

BULLISH BITES

📊 The world’s top industrial robotics companies by market share.

🤝 The year’s buzziest deals are corporate breakups.

🧵 Giorgio Armani: What will happen to his fashion empire?

💌 Bring back handwritten letters.

DAILY SHARES

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