Good morning.
The Fast Five → Markets get inflation relief, cooler CPI bolsters case for Fed to hold rates, US sent back $33.4B in tariff refunds in July, CoreWeave stock surge gives the AI Trade a boost, and S&P earnings are so good investors are starting to worry…
📌 MAJOR BUY ALERT: Elon / AI / China / trillions of dollars... →
(from Outlier Intel)
Calendar: Full Calendar »
Today:
Unemployment Claims, 8:30A
Tomorrow:
Retail Sales, 8:30A
Prelim Consumer Sentiment, 10A
Prelim Inflation Expectations, 10A
Your 5-minute briefing for Thursday, August 13:
BEFORE THE OPEN
As of market close 8/12/2026.
Pre-Market:
Market Wrap:
Futures: Dow flat, S&P flat, Nasdaq -0.1%
Wed: S&P +0.3%, Dow +0.2%, Nasdaq +0.4%
July CPI matched forecasts, easing rate-hike fears
S&P snapped a two-day losing streak
Tech stocks gained following strong earnings
PPI offers the next key inflation test
Focus shifts to PPI and Friday’s retail sales
EARNINGS
Here’s what we’re watching this week:
Today: *Tapestry $TPR ( ▼ 4.24% )
Applied Materials $AMAT ( ▲ 4.29% ) - EPS of $3.39 (+36.7% YoY) on $9.01B revenue (+23.4% YoY)
"I called Tesla in 2019.
Here's what I'm buying now."
Everyone said Tesla would go bankrupt.
Luke Lango bought it anyway — and readers who followed saw 22X gains.
Now Elon's next move is brewing, and it's bigger than Tesla and SpaceX combined.
- a sponsored message from InvestorPlace Media -
HEADLINES
Plus, AI names and Wendy’s rally.
S&P 500 ends higher as CoreWeave results fuel AI optimism (more)
US inflation rises 0.1% in July, easing pressure on Fed (more)
US sent back $33.4B in tariff refunds in July (more)
Treasury yields ease after in-line consumer inflation data (more)
Dollar gains, yen slips as US CPI meets expectations (more)
Oil rises on worries over supply disruptions as spill near Oman worsens (more)
Gas prices have never been so high this late into the summer (more)
AI trade surges on firms' cloud earnings (more)
Cerebras stock plunges 14% after second earnings report (more)
Peltz-led group preparing bid to take Wendy's private (more)
Meta, 29 states head to court in biggest test of youth social media litigation (more)
Goldman doubles down on active ETFs with $2.3B Neos deal (more)
Bank of America pledges $250B for US infrastructure financing (more)
Trump sued over Truth Social advance access sale (more)
DEALFLOW
M+A | Investments
Josh Kushner, Bob Iger buy LA Lakers for $12.5B
BofA to take 49.9% stake in Jio Credit for $1.9B in India push
Goldman Sachs to acquire ETF provider Neos in $2.3B deal
Avere Therapeutics agrees all-stock merger with NextCure
Notable Systems receives investment from XiFin
Digital Prime Technologies receives investment
VC
Form Energy, a provider of multi-day energy storage systems, raised $750M in Series G funding
Neros Technologies, a drone platform, raised $250M in Series C funding
CodeRabbit, an AI-powered code review and agentic change management platform, raised $143M in Series C funding
Bridge to Life, a provider of organ preservation solutions and perfusion technologies, raised $110M in Series C and debt financing
MarginEdge, a restaurant management and financial software platform, raised $80M in Series D and debt funding
Infinimmune, a biotech company developing antibody therapeutics, raised $75M in Series A funding
Skan AI, an enterprise AI context graph platform, raised $63M in Series C funding
Heaviside Industries, a provider of multi-domain precision munitions platforms, raised $60M in Series B funding
Blacksmith, a cloud platform for validating code, raised $45M in Series B funding
Remepy, a platform for hybrid drugs that combine prescription medicines with personalized, AI-driven therapeutic apps, raised $36M in Series A funding
Gravity, an automated agent-to-agent advertising platform, raised $30.5M in Series A funding
Silicon Data, a market intelligence platform for the AI compute economy, raised $30.5M in the initial closing of its Series A funding
Mindgard, an AI security platform, raised $30M in Series A funding
Amplifica, a provider of clinical-stage biopharmaceutical therapies for hair growth, raised $26M in Series B funding
ClearJet, a parcel logistics infrastructure and orchestration platform, raised $25M in funding
Diald, an AI-powered real estate due diligence and valuation platform, raised $1M in funding
CRYPTO
BULLISH BITES
🚨 Don’t buy SpaceX. Buy this instead. *
🤑 Goldman Sachs is doubling down on investor hunger for ‘Boomer Candy’.
🤖 Everything announced at Made by Google 2026.
🤔 NYC brokers are charging renters $4,000 to view hidden listings.
👔 Think you know the office dress code?
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.
