• Augury ⍺ 🟢
  • Posts
  • Alphabet rally lifts S&P and Nasdaq as economy weighs on Dow

Alphabet rally lifts S&P and Nasdaq as economy weighs on Dow

5 articles I'm watching carefully

In partnership with

Tyler Dupont
logo

Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

SoundHound AI unlikely to pursue stock split despite volatility

SoundHound AI trades above $13 with a $5B market cap, showing no compliance risks. Despite past dips near $1 and 30% short interest, the company’s strong 217% revenue growth in Q2 makes a stock split or reverse split unlikely in the near term.

Figma stock drops 13% after strong first earnings report

Despite beating Q2 revenue estimates with $249.6M and forecasting $1.02B for the year, Figma shares fell 13% post-earnings. Investors reacted to slowing net retention (129%) and early lock-up expirations, despite 41% YoY revenue growth and strong AI product signals.

Alphabet rally lifts S&P and Nasdaq as economy weighs on Dow

The S&P 500 rose 0.51% and Nasdaq gained 1.03%, driven by Alphabet's 9.1% surge after a favorable antitrust ruling. Apple rose 3.8%. Economic concerns persisted as job openings hit pandemic-era lows and bond yields spiked, dragging down energy and bank stocks.

🪙 Crypto

Figure and Gemini aim for $887M in crypto IPO push

Figure targets $526M and Gemini $361M in separate IPOs, marking a major move in crypto public listings. Figure posted $29M net income H1 2025, while Gemini reported a $282.5M net loss. Goldman Sachs leads both offerings amid rising investor appetite for digital asset exposure.

🌎 Global Economy

Nordea sees easing risks but uneven global recovery

Nordea’s latest outlook cites improved global stability from US trade and fiscal policy, but notes weak growth momentum across regions. Nordic economies remain resilient, though Finland and Sweden face slower recoveries amid cautious consumption and weak investment.

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.

Did you like today's newsletter?
Powered by Typeform