S&P 500

Strategy Report

PHUN

ABTC

DJTWW

.SPX

SOXS

.IXIC

SQQQ

GLDM

SDOW

SGOL

A hand-controlled life necessity price, plus a man-made interest price, will ochestrate US' economy boom in 2036.

Phunware

Trump Media & Tech

American Bitcoin

Trump Media & Tech - CW28

C3.AI

VanEck Semiconductor ETF

iShares Core S&P Mid Cap

Direxion Semicon Bear 3X

iShares Gold Trust

NASDAQ Composite Index

Proshares UltraPro Short QQQ ETF

SPDR Gold Minishares

SPDR Gold Shares

iShares Core S&P Small Cap

ISHRS Russ 1000

iShares Core S&P 500

Invesco QQQ Trust

Pro UltrPro Shrt Dow30

Abrdn Gold ETF Trust

3% US 2026 GDP—New Policy Floor of AI Era?

OpenAI

DXYZ

NVDA

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

Originally, the market was continuously declining due to liquidity withdrawal caused by the U.S. government shutdown and concerns over supply chain financing surrounding OpenAI. However, now that the U.S. government has reopened and NVIDIA's strong performance has been released, the market still isn't buying it. What exactly is wrong with the U.S. stock market? With only five weeks left in 2025, has it completely turned into garbage time? Is there still hope for AI in 2026? 1. Looking towards 2026, what exactly are Trump's demands? There is one last chance for a rate cut this year—the interest rate meeting on December 10th. From a macro perspective, the current market's short-term nerves seem to be dominated by the prospect of a rate cut...

Destiny Tech100

NVIDIA

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Bubble Talk Rising, Will AI Continue as Hottest Bet in 2026?

Applovin

Conference Minutes

00700

VOOG

AXON

80700

TCTZF

TCEHY

SELF

HTCD

The following is a summary of the 3Q25 earnings call minutes for $AppLovin(APP.US) organized by Dolphin Research. For financial report interpretation, please refer to &#34;Without High Growth and Violent Aesthetics, Is Applovin Still Attractive?&#34; 1. Review of Core Financial Information This Quarter: The upgrade of the core gaming business model drove revenue to increase by 68% year-on-year to approximately $1.405 billion; adjusted EBITDA reached $1.158 billion, up 79% year-on-year, with a profit margin of 82%, an increase of 1 percentage point from the previous quarter, mainly due to the leverage effect and the moderate alleviation of foreign exchange fluctuations...

MediaAlpha

TENCENT

SPDR S&P 500

VG S&P 500 Grw

Axon Enterprise

TENCENT-R

Tencent Holdings Limited

Tencent

Global Self Storage

Hasbro

Ameriprise Financial

AppLovin

Tencent HK SDR 10to1

Applovin (Minutes): Currently, the week-over-week growth rate of new user spending on the self-service advertising platform has reached 50%

GBTC

SBET

Continued tight liquidity has started to affect beneficiaries under ample liquidity, such as Bitcoin, as well as tech growth stocks with weak fundamentals and excessive valuations. But what cause the liquidity shortage abruption? what may ease it? and how to position portfolios under this circumstance?

Grayscale Bitcoin Trust BTC - ETF

Sharplink

Angel Oak Mortgage-Backed Securities ETF

ON Semiconductor

U.S. gov. shutdown to trigger a 'dollar shortage'?

000831

00769

SOXL

SOXX

CP00062

The U.S. federal government has been in a shutdown since October 1st, and it has now been over a month. During this period, although there has been almost no release of federal-level macroeconomic data, the 'G2' meeting between China and the U.S. in South Korea, the Federal Reserve's interest rate cut, and the AI infrastructure investment frenzy by American tech giants during the earnings season have resonated to create a small peak in the U.S. stock market. However, the core issue the market now faces is whether the realization of these benefits means that all the good news has been priced in, and whether the remaining time in 2025 will be 'junk' time. 1. Powell's 'hawkish' rate cut...

ZGXT

CHINA RAREEARTH

Direxion Semicon Bull 3X

iShares Semiconductor ETF

Semiconductor

All become 'money-eating beasts'! Can the giants of the US stock market still take the lead?

Today’s Key News Recap

09866

SVXY

1017｜Dolphin Research Focus: 🐬 Macro/Industry 1. Fed Beige Book Sets Tone for 'Soft Landing': The latest Fed survey shows that economic activity has been 'essentially flat' in recent weeks, with stable employment but some sectors starting to lay off workers. Tariffs have pushed up input costs while end-product price increases have been limited. Powell simultaneously hinted that 'balance sheet reduction may end in the coming months,' slightly raising expectations for easing. 2. US-China Tariffs Enter 'Talks-Negotiation' Window: US officials collectively criticized China's rare earth export controls on Wednesday but emphasized 'no intention to escalate the conflict.' The market interprets this as a possibility of reaching limited exemptions before November 1, with the VIX retreating from its high...

NIO-SW

Taiwan Semiconductor

NIO Inc

NIO Inc. USD OV

Pro Ultr Silver

iShares Silver Tr

Pro Shrt Vix Shrt Future

Global Industrial

TSMC Profit Surprises; Nio Sued by Singapore Sovereign Wealth Fund｜Today's Important News Recap

TSLA

0311 ｜Dolphin Research focuses on: 🐬 Macro/Industry 1. Last night, U.S. stocks plummeted, with the S&amp;P 500 index falling below the 200-day moving average, marking its first entry into what is referred to as the &#34;danger zone&#34; by the market. This was mainly due to concerns over high inflation and the U.S. economy potentially falling into recession, triggered by tariffs. When asked whether the U.S. would experience a recession this year, Trump did not rule out the possibility, stating that the economy is undergoing a &#34;transition period.&#34; As a result, Hong Kong and A-shares experienced varying degrees of decline this morning, but both rebounded and turned positive by the end of trading. Additionally, today, Trump plans to meet with top business executives...

Tesla

Hong Kong and A-share rebates; New energy Collective Surge ｜Today's important news review

Hot topic

Trump once again wields the tariff stick, and global assets seem to have entered a risk-off mode, including the Chinese assets that were originally being reassessed, which have also entered a correction mode. Dolphin Research seizes the opportunity to discuss the policy logic of Trump’s current administration. In fact, if you pay attention to the media interviews of the U.S. Treasury Bessent during this period, Trump's fiscal policies are quite understandable: 1. Core belief: The allocation efficiency of the private sector is higher than that of the government sector. 2. Policy objectives: Reduce national debt (the core is interest payment costs), lower inflation, and bring manufacturing back...

How to interpret Trump's tariff stick this year?

As a key indicator for next week's interest rate cut, last night's August core CPI data basically confirmed that the first rate cut will only be 25 basis points.Structurally, overall inflation increased by 0.2% month-on-month, which is perfectly controllable. However, core inflation rose from 0.2% to 0.3% month-on-month. First, it indicates that the overall inflation can operate within expectations mainly due to the drop in energy prices.Secondly, the most critical acceleration in core inflation month-on-month growth is mainly because residential costs rose sharply again to 0.5% month-on-month. The sharp increase in residential costs is mainly due to the rise in the high-weighted owner's equivalent rent.Owner's equivalent rent can basically be understood as homeowners' expected rental return on their own properties. This figure also rose during the last interest rate cut expectation at the end of last year and the beginning of this year.What does this mean? People will price their asset returns in advance based on the expectation of a rate cut. In other words, once the expectation arises, even before the actual rate cut, it will produce some effect of a rate cut. In this case, an actual rate cut of 25 basis points may have an effect greater than 25 basis points.Even to avoid a repeat of the inflation resurgence expectation at the beginning of the year, the Fed's rate cut on September 18 is most likely to be 25 basis points.Therefore, the focus of next week's FOMC meeting is no longer how many basis points the rate cut will be, but the guidance on the future path and any wording that may further lean toward protecting employment under a 25-basis-point rate cut.In this context, considering that the market was still speculating and pricing in the possibility of a 50-basis-point rate cut, this possibility is now basically gone. Bond prices may need to give back some gains for $iShares barclays 20+ Yr Treasury Bd(TLT.US) $Direxion 20+Yr Trsry Bull 3X(TMF.US).Overall, with low inflation risks, interest-rate-sensitive sectors reacted sensitively after the expectation of lower interest rates emerged, indicating a high possibility of a soft landing for the economy, which is actually favorable for equity assets. $S&amp;P 500(.SPX.US) $SPDR S&amp;P 500(SPY.US)

Direxion 20+Yr Trsry Bull 3X

iShares barclays 20+ Yr Treasury Bd

Microsoft plans to launch its largest data center in India in mid-2026

Tesla makes key announcements regarding future strategy at its Annual Shareholder Meeting

Jiangsu Secretary Meets AMD CEO: Deepen Cooperation and Increase Investment in Jiangsu

NTSB Reviews Report on Fatigue Crack in Boeing Part Linked to UPS Crash

Texas Instruments Stock Surges 73%, Cited as Overvalued, Stifel Maintains Buy Rating

Leaked app beta versions suggest Google is set to launch an agentic AI tool named 'Gemini Spark'

Erste Group Bank Cuts Home Depot's FY2028 EPS Estimate to $16.28

NY Metabolic Health Clinic Nourish Raises $100M in Series C

FactSet Survey: 21 Analysts Raise Boeing's 2026 EPS Median Estimate to $0

Johnson & Johnson Expected to Grow Sales 7% in 2026, Seen as Strong Investment Due to Stable Model and Dividend History

Investment bank Evercore ISI raises AMD's price target to $579

Zacks Raises UnitedHealth's Q1 2027 EPS Estimate to $6.87

Apple faces June 1st compliance deadline for the EU's Digital Markets Act.

Apple Unveils AI-Driven New Accessibility Features, Announces Wheelchair Control and Generative Subtitles Coming Later This Year

Eli Lilly & UNICEF Launch US$50m Partnership Program for Childhood Chronic Diseases

Erste Group Bank Raises Walt Disney's FY2026 EPS Forecast to $6.86

Home Depot Beats Earnings, Raises 2026 EPS Guidance and Dividend

Ethics Filing Shows Trump Increased Apple Stake in Q1 2026

Google and Blackstone Launch New AI Cloud Co. with $5B Investment, Sending Rivals Down Nearly 4%

Home Depot Updates 2026 Fiscal Year Earnings Guidance, Expectations Slightly Below Consensus

Amesite

InMed Pharmaceuticals

Meiwu Tech

Co-Diagnostics

Phoenix Asia

Generation Income Properties

MetaVia

Rubico

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) 17/11/2028

Virax Biolabs

Pinned News

置顶新闻

ADP Weekly NER pulse 42.25K vs 33K last week

.DJI

The ADP NER Pulse indicates a rise in private employment, with the current week's four-week average at 42.25K compared to 33K last week. This high-frequency labor market indicator provides real-time insights into hiring trends, influencing Federal Reserve policy. A stronger pulse suggests aggressive hiring, supporting economic growth but potentially increasing inflation pressures, while a weakening pulse may indicate slowing labor demand and expectations for rate cuts.

- The ADP NER Pulse is a new high-frequency labor market indicator that tracks weekly changes in private sector employment using a four-week moving average.  
- It aims to provide real-time insights into recruitment trends, influencing market expectations regarding Federal Reserve policies and economic growth.  
- A stronger NER Pulse may indicate robust hiring, potentially exerting inflationary pressure and supporting higher yields, while a weaker pulse could signal a slowdown in labor demand, impacting interest rate expectations and the dollar.

Investinglive

Dow Jones Industrial Average

Automatic Data Process

U.S. credit card delinquencies have surged to 13.1%, the highest since 2010, indicating significant financial strain on households. Delinquencies rose 0.4 percentage points in Q1 2026, with a total increase of 5.5 points since Q3 2022. Additionally, student loan delinquencies reached 10.3%, and auto loan delinquencies hit a record 5.6%, reflecting growing repayment stress among consumers.

- Credit card delinquency rates in the U.S. have surged to a 15-year high, hitting 13.1% in the first quarter of 2026, according to The Kobeissi Letter.  
- This marks a 0.4 percentage point increase from the previous quarter and a significant rise of 5.5 percentage points since Q3 2022, surpassing trends seen from 2007 to 2010.  
- Additionally, serious delinquencies in student and auto loans have also increased, reflecting mounting repayment pressures on American households.

benzinga_article

Shutterstock

Americans Are Falling Behind On Credit Card Payments At The Fastest Pace Since 2010

.NDX

The Federal Reserve's report reveals that 25% of U.S. workers have used generative AI in their jobs recently, with higher rates among those with advanced education. Most users view AI as a tool for efficiency and career growth. The report also highlights stable financial conditions for U.S. residents, though younger individuals and low-income families face increased financial pressures, with inflation being a primary concern.

CoinLive

NASDAQ-100

Generative AI Gains Traction in U.S. Workforce, Federal Reserve Report Reveals

Economists warn that the Iran war is increasing inflation expectations, pressuring the Fed to act. A U.S.-led blockade and Hormuz closure have reduced Iranian oil exports, raising global energy prices. Consequently, mortgage and bond yields are rising in the U.S. and Europe as borrowing costs increase amid inflation concerns.

Iran war fuels inflation fears as July Fed hike looms

.DJUS

The Great American Squeeze of 2026 highlights the economic struggles faced by Americans due to rising costs of living, with consumer sentiment at a 74-year low. While the wealthy benefit from a booming stock market, middle and lower-income families are increasingly burdened by debt and inflation, leading to a K-shaped economy where the divide between the rich and poor widens. This situation may signal the onset of a recession as lower-income households cut back on spending.

- The article highlights the economic struggles of American consumers facing rising costs amid stagnant wages, creating a K-shaped economic divide.  
- While wealthier households benefit from stock market gains, middle- and lower-income families increasingly rely on credit to manage basic expenses, leading to financial distress.  
- Experts warn that without significant wage growth, the economic squeeze on lower-income households will worsen, exacerbated by geopolitical tensions affecting energy prices.

ZeroHedge

Dow Jones U.S. Index

Disney

Allianz SE

Allianz

The Great American Squeeze Of 2026

.VIX

The 10-year Treasury yield has reached a 52-week high of 4.6%, indicating potential significant market movements. This yield influences borrowing costs and stock valuations, with rising yields typically leading to a shift away from equities. Current inflationary pressures, particularly related to the Iran conflict, may prompt the Federal Reserve to maintain or raise rates. Analysts are divided on whether yields will break higher or lower, with implications for future monetary policy and market stability.

InvestorPlace

Cboe Volatility Index

Moodys

The Bond Market Just Flashed Red

Wall Street's major indices closed lower on Friday, with the Dow down 1%, S&P 500 down 1.2%, and Nasdaq down 1.5%, following a decline in tech stocks and rising U.S. Treasury yields after the U.S.-China summit.

- Wall Street’s major market averages declined on Friday due to a drop in tech stocks and rising U.S. Treasury yields after the U.S.-China summit.  
- The blue chip Dow (DJI) closed down 1%, the S&P 500 (SP500) fell by 1.2%, and the Nasdaq Composite (COMP:IND) decreased by 1.5%.  
- Investors are advised to monitor three key factors in the market moving forward.

SPDR Djia

Invesco Nasdaq 100 ETF

Guggenheim DJIA Ave Div

iShares Expanded Tech Software Sector ETF

VG S&P 500

SPDR S&P Software

3 things to look out for on Tuesday

The Federal Reserve may struggle to cut interest rates this year due to persistent inflation concerns, with U.S. PCE inflation projected to stay above 3.5%. Factors such as inflation surprises, a stable job market, and energy price risks from the closed Strait of Hormuz are leading to a cautious policy stance.

CICC

Federal Reserve Faces Challenges in Cutting Rates Amid Inflation Concerns

April inflation surged to 3.8%, exceeding wage growth and diminishing workers' spending power. As a result, 53% of Americans with side hustles report they rely on these earnings, averaging $1,275 monthly, to cover essential expenses. This trend is evident in West Michigan, where residents are starting various ventures, indicating a national shift towards supplemental income.

- April inflation reached 3.8%, outpacing average wage growth and diminishing workers' purchasing power for the first time in three years.  
- A study found that 53% of Americans with side jobs rely on them to cover essential expenses, earning an average of $1,275 monthly.  
- The trend is illustrated locally in West Michigan, where residents are starting businesses ranging from woodworking to dog sitting, aligned with a national shift towards supplemental income.

Inflation surge pushes more Americans into side hustles