Hello Capitalists,

Here’s everything you need to be following today:

• Trump unloads on Powell after stunning inflation drop

• NASDAQ bets big on Tokenization with huge investment

• Oracle has its best day in 26 years

• Bessent shreds the fed over 17 years of failures

• Klarna’s IPO soars above expectations

• Microsoft’s new partner wheels out a huge share offering

Today’s markets:

• DOW: 45475.30 (⬇️0.52%) - 🔴

• S&P: 6538.81 (⬆️0.40%) - ✅

• NASDAQ: 21941.33 (⬆️0.28%) - ✅

• CBOE VIX Volatility Index: $15.10 (⬆️0.33%) - ⚠️⬆️

Trump slams Powell after inflation drop stuns Wall Street

U.S. wholesale prices unexpectedly fell 0.1% in August, defying economists' forecasts of a rise and contrasting July's surge, prompting President Donald Trump to again call on Federal Reserve Chair Jerome Powell to implement an interest rate cut in an upcoming meeting.

• Inflation Drops Sharply: August's headline Producer Price Index declined 0.1% monthly, reversing July's notable increase and surprising markets with lower-than-expected inflation signals.

• Core Measure Also Declines: Excluding volatile food and energy, core PPI mirrored the drop at 0.1% for the month, against projections of a 0.3% uptick, indicating broader price stabilization.

• Forecasts Widely Missed: Economists via Dow Jones anticipated a 0.3% headline rise, but the actual decline highlights subdued wholesale cost pressures across sectors.

• Market Bets on Cuts: Traders now see a 100% chance of a quarter-point rate cut on Sept. 17, with some expecting a half-point move, per CME Group’s FedWatch tool.

• From the White House: The data reignited calls for rate cuts.

  “Much like the BLS has failed the American people, so has Jerome ‘Too Late’ Powell -- who has officially run out of excuses and must cut the rates now,” White House press secretary Karoline Leavitt said in a statement.

• BLS Revisions Spark Debate: Citigroup’s Andrew Hollenhorst suggests revised payroll data from Tuesday could justify a half-point rate cut.

Together with Mode Mobile

Investors are watching this fast-growing tech company

No, it's not Nvidia… It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Their EarnPhone has helped users earn and save over $325M, driving $75M+ in revenue and an eye-popping 32,481% growth. And having secured partnerships with Walmart and Best Buy, Mode’s not stopping there…

Like Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source. The difference is that you still have a chance to invest in Mode’s pre-IPO offering before the window closes.

They’ve just been granted the stock ticker $MODE by the Nasdaq and over 50,000 investors participated in their previously sold out offering at $0.30/share.

⏳$52M+ already raised — invest before the opportunity closes.

Nasdaq makes $50 million investment into the future of stock trading

In a bold move bridging traditional finance and crypto, Nasdaq announced Tuesday a $50 million investment in Gemini, the Winklevoss twins' crypto exchange, forging a partnership to deliver custodial services and tokenized asset tools to institutional clients amid evolving regulations.

• Investment Fuels Strategic Alliance: Nasdaq Ventures' $50 million stake in Gemini enables non-exclusive collaboration, distinct from the exchange's upcoming IPO raising up to $317 million on Friday.

• Custody Services Expanded: The partnership allows Nasdaq to provide Gemini's custodial solutions, including multi-custodial and staking options, to its financial institution clients for secure crypto asset management.

• Calypso Distribution Boosted: Gemini becomes a key distributor for Nasdaq's Calypso trade management system, enhancing collateral handling across traditional and digital assets.

• Tokenization Landscape Advanced: This aligns with Nasdaq's SEC proposal for trading tokenized stocks and ETPs, positioning it as a pioneer in blockchain-based securities integration.

Bessent slams The Fed “foremost driver of inequality in America”

In an oped published to International Economy, Treasury Secretary Scott Bessent likened the Federal Reserve’s post-2008 monetary experiments to a runaway virus, that have deepened inequality and blurred fiscal lines, jeopardizing its independence and prompting urgent calls for reform to restore credibility. Bessent argues that:

• Flawed Forecasts Undermine Credibility: The Fed’s post-2008 tools failed to predict economic trends, overestimating GDP growth by $1 trillion, revealing overreliance on faulty models and neglect of supply-side dynamics.

• Wealth Effect Widens Inequality: Post-crisis policies favored asset owners, boosting large firms and homeowners while squeezing smaller businesses and locking younger, poorer households out of wealth gains.

• Regulatory Overreach Sparks Conflicts: The Dodd-Frank Act’s expansion of Fed oversight, highlighted by the 2023 Silicon Valley Bank collapse, muddies accountability, necessitating a return to specialized bank supervision.

• Reform Urgently Needed: To preserve independence, the Fed must limit unconventional policies like quantitative easing and undergo a nonpartisan review to refocus on its core mandate.

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Oracle stock explodes 40% on AI Boom, has its best day in 26 years

Oracle's shares skyrocketed more than 40% Wednesday—the company's best day since 1999—after reporting a staggering $455 billion cloud backlog, fueled by explosive AI demand that shattered Wall Street expectations and propelled its market cap toward $1 trillion.

• Backlog Surges Dramatically: Remaining performance obligations hit $455 billion, up 359% year-over-year, far exceeding analysts' $180 billion forecast.

• Revenue Projections Soar: Cloud infrastructure expected to reach $18 billion in fiscal 2026, scaling to $144 billion over next four years amid AI growth.

• Analysts Stunned Historic: Melius Research's Ben Reitzes called the backlog "astounding" and "historic," while D.A. Davidson's Gil Luria deemed numbers "absolutely staggering."

• AI Trade Confirmed: Wells Fargo analysts hailed results as "momentous confirmation" of Oracle's AI strategy, boosting investor confidence in long-term cloud dominance.

Klarna’s IPO soars above its target price taking its value to $15 Billion

Swedish buy-now-pay-later giant Klarna priced its long-awaited IPO at $40 per share Tuesday, topping its target and valuing the company at $15 billion on the New York Stock Exchange, signaling strong investor appetite for fintech amid a rebounding tech market.

• Pricing Exceeds Expectations: With shares set at $40, surpassing anticipated $35-$37 range, the IPO will raise $1.37 billion total with $200 million for Klarna and $1.17 billion to shareholders.

• Revenue Model Diversifies: Klarna generates income via merchant fees, interest on installment plans, and late charges; its Q2 revenue rose 20% to $823 million despite $53 million net loss.

• Strategic Bank Pivot: Klarna is rebranding as a digital retail bank to broaden its services beyond just short-term financing, competing with Affirm in the evolving payments landscape.

• Market Timing Optimistic: The debut follows successful tech IPOs like Circle and Figma, testing Wall Street's enthusiasm after earlier delays over U.S. tariff concerns.

Fresh off the back of yesterday’s $17 Billion Microsoft deal, Nebius launches a $3 Billion dollar share deal

Amsterdam-based AI infrastructure firm Nebius announced Wednesday it will raise $3 billion through convertible notes and shares to fuel its explosive growth, this comes after a blockbuster $17.4 billion GPU deal with Microsoft that could reshape global cloud computing.

• Funding Breakdown Details: The capital infusion splits into $2 billion private convertible notes and $1 billion public Class A shares, led by Goldman Sachs with Morgan Stanley, BofA, and Citigroup as key underwriters.

• Strategic Microsoft Pact: The five-year agreement supplies Microsoft with GPU capacity, potentially expanding to $19.4 billion in value through added services, bolstering Nebius' role in AI hardware supply.

• Expansion Fuel Injection: Proceeds from the expansion will target acquiring more compute hardware, securing land for data centers, and partnering with power providers to meet surging demand from generative AI technologies.

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Disclaimers

Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Mode Mobile has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: https://www.sec.gov/Archives/edgar/data/1748441/000164117225025402/ex99.pdf

Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.

DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.

Please read the offering circular and related risks at invest.modemobile.com.

Rainmaker Ad Ventures is paid by Mode Mobile for promoting their securities offering. Payment is in cash and billed monthly. As of the end of June, Rainmaker has received $366,404.38. Additional fees may have accrued since then.