🌏Markets:

• SPY +0.93 0.12%(pre/m)
  
• QQQ -4.02 -0.56%(pre/m)
  

🆕Economic News:

• 08:30 USA – Initial/Continuing Jobless Claims
  
• 08:30 USA – Nonfarm Productivity
  
• 08:30 USA – Unit Labour Costs
  

📈 Gap Ups
Reaction to earnings/guidance:

• SOUN DASH CEG USFD IONQ LNG HWM OXY MCK CNQ TRGP $O COP $ SITM INSM CAI LFST PAYC RXO ATI MSI PH $U IOVA RDW MGNI MTSI DEO HIMX OSCR CHYM IONQ ALB GENI COP MCK
  

Other news:

• CLRO Cancels 437,500 First Finance Warrants at $5.00 Amid Cortigent Merger Process
  
• WYHG : no-news, low-float ADR pump
  
• PAVS : SEC filing confirming Paranovus closed its acquisition of the athletic wear brand Heyviva from Jabanero Inc.
  
• WPP : Sequential improvement, strong new business, and cost discipline set up a 2027 growth return
  
• MRNA secures FDA approval for its first mRNA influenza vaccine
  
• LIME surprised investors with firts earnings report after IPO.
  
• LYY raises 2026 outlook again as Q2 soars past estimates
  
• Space Stocks Are Roaring Back In August : ASTS RKLB RDW
  

📉 Gap Downs
Reaction to earnings/guidance:

• SNDK HUBS DDOG APP CELH WDC FOUR HONA FIG PTON BLLN MIRM FLNC RUN KVYO EPAM VISN BROS QBTS FISV SNDK DUOL NVMI ZTS AXON UWMC CELH
  

Other news:

• YXT : Nasdaq Minimum Bid Price Requirement Compliance pump&dump.
  
• Memory stocks falls in syphaty to WDC SNDK reports: SKHY CLS MU
  
• DeepSeek Plans ‘Significant’ Price Increase for Its AI Services, an unusual shift from the Chinese tech sector that has put pressure on US competitors with its aggressive pricing. BIDU BABA NVDA
  
• CRWV Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
  
• China has launched a cybersecurity review of products sold in the country by U.S. company Palo Alto Networks PANW , citing risks ‌to critical information infrastructure and national security, the country's cyberspace regulator said on ‌Thursday.
  

‼️Additional

• SPCX share lockup ends today, and it could trigger more selling (insiders and early investors will be able to sell their stock for the first time on Thursday, when 911.5 million shares become eligible to trade — around 43% more than the 638.9 million shares the company floated in its June initial public offering.)
  
• UBER has received its first license to launch driverless taxis in London.
  
• Bezos sold Amazon AMZN shares again, this time worth $346.5 million.
  
• Daily trading volume in S&P 500 call options hit a new record.
  -- US Treasuries came under selling pressure after the FT reported that Warsh is prepared to raise rates at the September meeting if inflation data released in the coming weeks remains elevated.
  -- The percentage of S&P 500 stocks outperforming the index this year has risen to a 10-year high.
  

🏢IPO

• BRVE – Braveheart Bio
  Company develops treatments for hypertrophic cardiomyopathy, a serious heart disease where the heart muscle becomes abnormally thick and does not relax properly. Lead candidate BHB-1893 was licensed from Hengrui and is planned for global Phase 3 trials in both obstructive and non-obstructive HCM. Core thesis is a late-stage cardiovascular drug targeting a large market with high unmet medical need.
  
• Price: $18.00
  
• Shares: 21.3M
  
• Raised: $382.5M
  
• Market Cap: ~$1.32B
  LTM:
  
• Revenue: $0
  
• Net Income: -$80.2M
  Key point:
  
• IPO was upsized and priced above the original range, while clinical data so far came mostly from Hengrui-run trials in China.
  
• Comparable public companies: CYTK , BMY , KARD , ALNY , IONS , VERV
  

📋 List of tickers involved:
SOUN DASH CEG USFD IONQ LNG HWM OXY MCK CNQ TRGP $O COP SITM INSM CAI LFST PAYC RXO ATI MSI PH $U IOVA RDW MGNI MTSI DEO HIMX OSCR CHYM ALB GENI CLRO WYHG PAVS WPP MRNA LIME LYY ASTS RKLB SNDK HUBS DDOG APP CELH WDC FOUR HONA FIG PTON BLLN MIRM FLNC RUN KVYO EPAM VISN BROS QBTS FISV DUOL NVMI ZTS AXON UWMC YXT SKHY CLS MU BIDU BABA NVDA CRWV PANW SPCX UBER AMZN BRVE CYTK BMY KARD ALNY IONS VERV

Best regards – hi2morrow team.