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The Daily Briefing · Tuesday, August 25, 2026
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Bessent's Bond Buyback Falters as 30, Year Tops 5.20%
Treasury doubled bond buyback operations to at least $4 billion per issue, effective Sept. 9, targeting the 10, to, 30, year segment of the curve.
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Also today
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Nvidia Q2: Longest Losing Streak Meets Record Bar
Wall Street consensus calls for approximately $45 billion in Q2 revenue, a 96% year, over, year gain, with adjusted EPS of $0.09.
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Broadcom Wipes $105B in Monday's AI Chip Rout
Broadcom (AVGO) fell 5.6% Monday, its steepest single, session loss in weeks, erasing approximately $105 billion in market capitalization.
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US Debt Hits $40T, 30, Year Treasury Yields at 5.25%
US national debt hit $40 trillion; annual interest costs of $1.2 trillion now exceed defense spending and every other non, entitlement budget line.
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Gold Surges to $2,671 on Record Safe, Haven Demand
Gold has gained more than 14% in a single month to reach $2,671/oz, the sharpest single, month advance in several years.
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Apple China Chip Deal Torches Memory Stocks
The White House clears Apple to source NAND and DRAM from China's YMTC and CXMT, sending SanDisk down 9% and Micron and Western Digital each down 7% in a single Monday session.
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DKS Q2 2026: Foot Locker Lift Hammers Margins
Consolidated net sales reached approximately $5.65B in Q2 2026, up ~55% year on year, reflecting the first full quarter of Foot Locker inside DKS results.
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More headlines
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LEGO H1 2026 Revenue Surges 21% to Record $6.5B
First, half 2026 revenue reached 41.9 billion DKK ($6.54B), a 21% year, over, year gain and the highest half, year figure in LEGO Group history.
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Core PCE at 3.2% Kills September Rate, Cut Hope
A projected 0.2% monthly rise in core PCE puts the year, over, year reading at 3.2% ahead of Wednesday's Bureau of Economic Analysis release.
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Conference Board Read Arrives as Consumer Cracks
University of Michigan August sentiment fell to 51.0 from 55.2, missing the 54.5, 55.0 consensus by the widest margin in months.
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Nvidia Raises AI Server Prices 15% Before Earnings
Nvidia notified Microsoft, Alphabet, and Oracle that Vera Rubin and Grace Blackwell server configurations will cost more than 15% more across many build, outs.
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PDD Holdings Q2: Revenue Misses, EU Fine Hits Temu
PDD Holdings Q2 revenue of $6.6B came in 6% below the $7B analyst consensus as domestic competition and marketing costs compressed results.
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CrowdStrike Q2 2027: AI Pipeline Tests $150M Threshold
AIDR ARR grew more than 250% sequentially in Q1 FY2027; the Q2 pipeline has surpassed $150 million.
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Warsh at Jackson Hole: Interest Rates on the Line
Warsh delivers his first keynote at 10 a.m. ET Friday; three FOMC members dissented in July in favor of an immediate rate hike
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From the startup desk
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Cityblock Raises $116M, Acquires Rural Medicare Provider
Cityblock Health (US) raises $116M Series E led by General Catalyst and simultaneously acquires rural Medicare provider Homeward Health in an all-stock deal, combining urban and rural value-based care coverage for nearly 200,000 members.
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Gravis Robotics Hits $1B on $200M SoftBank Series A
Gravis Robotics (Switzerland) raises $200M Series A solely from SoftBank at a $1B valuation, becoming Europe's latest robotics unicorn with its retrofit kit that turns Caterpillar, Volvo, and John Deere heavy machinery autonomous.
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Velaura AI Raises $110M Series A at $1B+ Valuation
Velaura AI (US, formerly Auradine) raises $110M Series A at a $1B+ valuation to commercialize ultra-low-power silicon that cuts AI data center energy consumption by two to four times.
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Video of the day
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Why Trust and Confidence Drive the Economy
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The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
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