📈 Stocks / Finance

Amazon grocery push pressures rivals, boosts stock

Yahoo Finance

Amazon expanded same-day grocery delivery to 1,000 cities, targeting 2,300 by year-end. The move rattled shares of Costco, Kroger, and DoorDash while lifting Amazon 3.5%. Analysts say increased Prime usage, ad revenue, and pricing pressure could drive further e-commerce share gains.

September rate cut odds hit near certainty

CNBC

Fed funds futures now price in nearly 100% odds of a September rate cut after soft CPI data. Small-cap stocks rallied, and the S&P 500 and Nasdaq hit fresh all-time closing highs for a second day. Markets await PPI data for confirmation of disinflation.

Intel jumps 7% on potential U.S. government stake

CNBC

Intel shares surged 7% after reports the Trump administration may acquire a stake to fund domestic chip production. The move follows Intel's 60% drop in 2024 and reflects broader efforts to centralize strategic tech investments amid AI chip competition.

🪙 Crypto

Bitcoin falls 3% as inflation data dims Fed cut hopes

Yahoo Finance

Bitcoin dropped over 3% after July’s PPI exceeded forecasts, denting expectations for a September rate cut. Treasury Secretary Bessent also ruled out new BTC purchases for the U.S. reserve. BTC remains up 57% since April, driven by ETF inflows and corporate buys.

🌎 Global Economy

Trump’s economic policies raise global instability risks

Yahoo 

Trump’s tariff escalation, pressure on the Fed, and politicization of labor data have spurred investor optimism despite deep macro risks. Economists warn that policy uncertainty and weakened Fed credibility could destabilize global monetary systems and trigger market fallout.

Big investors are buying this “unlisted” stock

When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs who backed Uber, Venmo, and eBay also invested in Pacaso.

Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.

And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.

Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.

Invest for $2.90/Share

_{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.}