After a few rough days, tech caught a bid, and our ASTS long finally went vertical
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Morning brief: Bond yields are showing no mercy, making tech sweat, but our biotech hero is having a moment
Geopolitical Heat and Yields Drag Stocks: Escalating Middle East conflicts and surging Treasury yields drove Fear & Greed to 31, pressuring futures ahead of the open. Moderna Soars 9.9% on Vaccine Momentum: Moderna gained 9.93% as positive late-stage melanoma trial data and new FDA approvals continue driving Wall Street upgrades and platform re-rating. Interactive Brokers Drops 7.0% on Downgrade: Interactive Brokers fell 7.01% after UBS downgraded the shares to Neutral, citing stretched valuation and a sequential dip in August trading volumes. Oracle Drops 5.2% as Yields Pressure Debt: Oracle fell 5.23% as soaring Treasury yields heightened market anxiety over its heavy debt load and massive AI data center capital expenditures. Broadcom Earnings Prepped to Test AI Trade: All eyes shift to Broadcom reporting after today's close, offering a crucial test for enterprise AI spending and tech market momentum.
Geopolitical Heat and Yields Drag Stocks
Escalating Middle East conflicts and surging Treasury yields drove Fear & Greed to 31, pressuring futures ahead of the open.
Moderna Soars 9.9% on Vaccine Momentum
Moderna gained 9.93% as positive late-stage melanoma trial data and new FDA approvals continue driving Wall Street upgrades and platform re-rating.
Interactive Brokers Drops 7.0% on Downgrade
Interactive Brokers fell 7.01% after UBS downgraded the shares to Neutral, citing stretched valuation and a sequential dip in August trading volumes.
Oracle Drops 5.2% as Yields Pressure Debt
Oracle fell 5.23% as soaring Treasury yields heightened market anxiety over its heavy debt load and massive AI data center capital expenditures.
Broadcom Earnings Prepped to Test AI Trade
All eyes shift to Broadcom reporting after today's close, offering a crucial test for enterprise AI spending and tech market momentum.
Posture: With Fear & Greed at 31 amidst surging yields and geopolitical tension, we adopt a Defensive posture focused on capital preservation.
Tickers in focus: MRNA, ORCL, AVGO
Upcoming earnings
Evening brief: After a few rough days, tech caught a bid, and our ASTS long finally went vertical
Stocks Snap Three-Day Loss on Tech Rebound: Wall Street rebounded as mega-cap tech gains and stabilizing bond yields helped markets recover from recent geopolitical pressure. ASTS Soars 11.8% on Berenberg Buy Rating: Shares surged after Berenberg initiated coverage with a Buy rating and $92 target, citing direct-to-device cellular broadband leadership. RDDT Rallies 9.3% Amid Ad Growth Surge: Reddit jumped as strong ad revenue momentum and impending S&P 500 inclusion continued driving heavy institutional buying. PLTR Drops 5.8% on Valuation Concerns: Palantir tumbled as high-multiple valuation pressure and Google's new cyber AI program triggered profit-taking after an extended rally. Planet Labs Earnings and Job Data Ahead: Eyes turn to Planet Labs reporting earnings tomorrow after close alongside fresh labor market data to test risk sentiment.
Stocks Snap Three-Day Loss on Tech Rebound
Wall Street rebounded as mega-cap tech gains and stabilizing bond yields helped markets recover from recent geopolitical pressure.
ASTS Soars 11.8% on Berenberg Buy Rating
Shares surged after Berenberg initiated coverage with a Buy rating and $92 target, citing direct-to-device cellular broadband leadership.
RDDT Rallies 9.3% Amid Ad Growth Surge
Reddit jumped as strong ad revenue momentum and impending S&P 500 inclusion continued driving heavy institutional buying.
PLTR Drops 5.8% on Valuation Concerns
Palantir tumbled as high-multiple valuation pressure and Google's new cyber AI program triggered profit-taking after an extended rally.
Planet Labs Earnings and Job Data Ahead
Eyes turn to Planet Labs reporting earnings tomorrow after close alongside fresh labor market data to test risk sentiment.
Posture: Maintaining a cautious posture as Fear (33) dominates market sentiment, favoring high-quality mega-caps and cybersecurity defensive plays.
Tickers in focus: ASTS, RDDT, PLTR
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.
← Tuesday, September 1, 2026 · Thursday, September 3, 2026 → · Archive