| In America, one industry uses 35 million acres of land, consumes $9 billion worth of taxpayer dollars, destroys the planet, and has never achieved any of its goals. | Check it out. |
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| | | Want free financial guidance? 🥒 | Did you know that 60% of adults say their financial planning needs improvement, yet just one-third have sought financial advice? | Hiring a financial advisor isn't for everyone. But you should chat with a good one first, then decide. | Money Pickle figures out your needs, then matches you with top, vetted financial advisors. | | | How it works: | Take quiz: Answer a few short questions in the Money Pickle questionnaire Get matched: Money Pickle matches you to advisors with clean records, CFP certifications, and years of experience. Free video consultation: Schedule your free call with a matched expert to discuss: Retirement planning Stock investing Tax optimization Alternatives Whatever you'd like | If you find value in the conversation, you can take the next steps. ✅ | If not, you leave with valuable insights. 👌 | Either way, Money Pickle simplifies the process, helping you make an informed choice with confidence. | | | 📰 Market Headlines | | Stocks staged a comeback after initially slipping on a hotter-than-expected inflation report. The S&P 500 and Nasdaq jumped 1% and 2.2%, respectively, while the Dow gained 0.2%, reversing early losses. August CPI rose 2.5% year over year, the slowest pace in three years, but core inflation rose 0.3% month over month. Nvidia shares soared 8% as CEO Jensen Huang spoke at a Goldman Sachs conference, driving the tech sector's rebound. New evidence from Google's antitrust trial revealed that a former executive said the company's goal was to "crush" rival ad networks. |
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| | 🕶️ Market Vibes | 🎰 Market Forecasts and Futures | Forecasts via Kalshi, the prediction market. | | 😱 Fear and Greed Index | | | 🎤 What you said last time | | What you had to say: | “I was at work. The boss brought out an old TV, one of the old tube ones with rabbit ears, after the first plane hit, and we watched as the second plane hit. It was a devastating, and confusing, and scary as hell... ” | 📈 Trends you need to know | | The greats are most appreciated in death. |
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| | 🧠 What do you think? | Which was the best James Earl Jones film? | | | 📊 Stocks | | | Winners and losers | Earnings, upgrades, and acquisitions | Manchester United reported a Q4 loss, dropping shares 2%. Vera Bradley missed Q2 earnings estimates; shares plummeted 10.2%. | Market movers | Boeing's union has scheduled a vote Thursday for a contract, with a potential strike risking $3.5 billion in losses. Apple launched targeted discounts for lapsed app subscribers. The FAA has nearly completed its safety review of United Airlines following a series of safety incidents earlier this year. RTX CEO Christopher Calio suggested trimming existing businesses over major M&A deals. Commerzbank announced plans to defend against UniCredit takeover bids. French AI startup Mistral released Pixtral 12B, its first multimodal AI model. | Ideas, trends, and analysis |
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| The WHO found that every one degree of °C rise above 23.9°C increases infant mortality risk by up to 22.4%. The dollar fluctuated after the CPI report, with markets lowering the odds of a 50-basis-point Fed rate cut to 15%. |
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| | | | 🌍 Global Perspectives | | 🇨🇳🇸🇦 China discussed boosting cooperation with Saudi Arabia in energy, trade, and investments during a meeting in Riyadh. 🇵🇸🇮🇱 Hamas agreed to an immediate ceasefire with Israel based on a previous US proposal. 🇦🇷 Argentine protesters clashed with police after Congress blocked a pension hike opposed by President Milei. 🇻🇳 Typhoon Yagi killed 179 in Vietnam, forcing mass evacuations and threatening Hanoi with flooding. 🇷🇺🇺🇦 Russia launched a counterattack to reclaim parts of Kursk from Ukrainian forces. |
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| | 📊 Crypto | | The FBI warned North Korean hackers are targeting crypto ETF custodians, endangering billions in BTC and ETH holdings. CleanSpark acquired seven Bitcoin mining sites in Tennessee for $27.5 million. Central and Southern Asia and Oceania saw $750 billion in crypto inflows between July 2023 and June 2024. Web3 Foundation and Scytale invested $2.5 million in Hyperbridge to enhance blockchain interoperability on Polkadot. | |
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| | 🧠 Errata | Jupiter's moon Io sprouted a massive volcano, covering an area five times the size of Manhattan. A canned food item exploded at the Kansas State Fair, injuring six. Thieves in Japan stole $70,000 in Pokémon cards after tricking employees into revealing the most valuable ones. NASA scientists re-created Mars' "spiders" in a lab. |
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| | 📺 What to Watch Today | The Mars Spiders in question: | | "Spiders" spotted on Mars? Not exactly |
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| That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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