Good morning.

The Fast FiveNvidia breaks its post-earnings curse, Alphabet sheds $700B in market value, Venezuela weighs OPEC exit, Citadel notches record $7.3B trading revenue, and Trump family crypto bank backed by Abu Dhabi royal…

  • Today:
    Prelim Payrolls Revision, 10:00A
    Jackson Hole Symposium-Day 21

  • Monday:
    None watched

Your 5-minute briefing for Friday, August 28:

BEFORE THE OPEN

As of market close 8/27/2026.

Pre-Market:

Market Wrap:

  • Futures: Dow -28 (-0.05%), S&P -0.1%, Nasdaq -0.2%

  • Thu: Stocks rallied behind Nvidia’s post-earnings surge

  • Nvidia jumped nearly 9% after strong earnings

  • Tech had its best session since Aug. 4

  • Gap surged 15% after naming a new Old Navy CEO

  • Markets are on track for a winning week

  • Focus shifts to Warsh’s Jackson Hole speech

EARNINGS

None watched today. See full earnings calendar »

Small Colorado Company Could
Save U.S. Power Grid

This small Colorado company now owns rights to a tech that could save the entire public power grid from collapse.

And billionaire Sam Altman is now an investor.

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HEADLINES

After leading the Magnificent 7 over much of the last 16 months, the tech giant is on shakier footing.

  • Stocks climb as Nvidia’s bullish forecast lifts investors’ spirits (more)

  • US in talks with Venezuela to take major stake in oil fields (more)

    • Venezuela weighs OPEC exit as it deepens US ties (more)

  • Bessent, Warsh diverge on who should set the price of money (more)

  • Lutnick to host Altman, Huang at G20 Innovation Ministerial (more)

  • FTC probing YouTube over social media policies (more)

  • Trump family crypto bank backed by Abu Dhabi royal (more)

  • Treasury yields are little changed ahead of Jackson Hole (more)

  • Investors rotate into tech stocks as inflation concerns ease (more)

  • Hormuz oil flows rising as Gulf giants' ramp up accelerates (more)

  • US jobless claims dip again; goods trade deficit widens in July (more)

  • Citadel Securities notches record $7.3B trading revenue (more)

  • Best Buy raises annual forecasts as AI spurs device demand (more)

  • Dollar Tree beats quarterly revenue estimates on steady demand (more)

  • Two Sigma’s feuding founders head to arbitration in fresh battle (more)

  • Shein plots post-IPO comeback through dealmaking (more)

DEALFLOW

M+A | Investments

  • Apollo buys into Atlantic Aviation at near $10B valuation

  • Boliden to buy controlling Nexa stake in $1.3B deal

  • ProFound Therapeutics receives $35M investment

  • Arrive Logistics receives majority equity investment from Mubadala Capital

  • HBK receives investment from H.I.G. Capital

VC

  • Regent Craft, a developer and manufacturer of Seaglider vessels, raised $240M in Series B funding

  • Quaise Energy, a developer of utility-scale superhot geothermal energy, raised $180M in Series B funding

  • Socure, a provider of trust infrastructure for global identity and risk intelligence, completed a $156M funding round and acquired Fravity

  • Cyclic Materials, a provider of a technology platform for domestic rare earth recovery and production, raised $75M in financing

  • RQD*Clearing, a proprietary clearing and custody platform for broker-dealers, RIAs, and foreign financial institutions, raised $74M in funding

  • Deep Cogito, a post-training research lab focused on reinforcement learning and self-improvement, raised $43M in Series A funding

  • Digs, an AI and digital twin platform for the residential construction industry, raised $25.3M in Series A funding

  • Levanta, a creator affiliate platform for modern e-commerce, raised $22M in Series B funding

  • TerraBlaster, a developer of agricultural hardware and soil-nutrition sensors, raised $12.5M in Seed funding

  • Legato, a provider of AI hearing glasses, raised $12M in funding

  • Arga Labs, an AI training environment and software emulation startup, raised $10M in Seed funding

  • Cloverleaf AI, a full-funnel B2G sales intelligence platform, raised $8M in Series A funding

  • Maglut Heavy Industries, a rare earths and critical minerals processing startup, raised $3.1M in funding

  • Hermetiq, a software developer tool and integration automation startup, raised $2.2M in Seed funding

  • MiiHealth AI, a digital health company providing an agentic AI medical assistant to automate patient intake, raised new funding in undisclosed amount

CRYPTO

  • BTC holds $80K as traders brace for Warsh's Jackson Hole Fed speech (more)

  • Mirae Asset eyes $109B crypto empire after acquiring Digital X (more)

  • Bank of England set for new innovation mandate covering stablecoins (more)

BULLISH BITES

💥SaaSpocalypse’: Salesforce, Anthropic expand partnership.

💀 Millennials believe they are cooked. Employers disagree.

👶🏻 Get a tech job: The rise in high-level science books for infants and toddlers.

🎥 The latest trailer for The Social Reckoning - sequel to The Social Network, dropped.

DAILY SHARES

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