A 3.3% real GDP call for next year sits far above mainstream forecasts, and it lands the same day Q2 growth was revised up to 2.2% and core PCE came in at 3.0% versus 3.3% expected.

My guess for real GDP growth next year is >50% higher than 2026, so >3.3% https://t.co/LpQ0spojZP [Quoted @DavidSacks]: Today’s economic numbers: — Q2 GDP revised up to 2.2% (was 1.5%). — Core PCE 3.0% vs 3.3% expected. — ADP private jobs +90k vs ~68k expected. Growth beat. Inflation cooled. Jobs better than expected. The Trump economy is strong.
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Stock picks

Live: Will Micron Smash Q4 Earnings Tonight After the Market Close?

Live Updates Micron's 86% Gross Margin Target is the Number to Watch Tonight 1:46 PM by Thomas Richmond Micron heads into tonight’s Q4 earnings with expectations extremely high. The company guided fiscal Q4 revenue to $50.0 billion +/- $1.0 billion, compared with a consensus est…

A Plaid hookup puts Grok inside users' bank accounts, pushing xAI straight into territory owned by personal finance apps and enterprise assistants.

New in @Grok @Bot https://t.co/Q7a7Nz7iMr [Quoted @mattyp]: What's new in Grok Bot 0:19 Team bots - create bots shared with your team members 1:10 Finances - search and manage your finances with @plaid 1:32 Voice calls - @bot can search chats during calls and gracefully handles interruptions Like this for a special bot animation on @X! https://t.co/Pp2FfsMbJg
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IPO TERMS REVISED
Ambitious Entertainment, Inc.NYSE American
$4–$5 / share$18M raise4,000,000 shares

Ambitious Entertainment sets $4-$5 range for $18 million NYSE American IPO

A fourth amendment means this AI-enabled film and TV studio is close to pricing: 4 million shares at $4 to $5 on NYSE American, an offering of up to $18 million. Alexander Capital and Revere Securities are running a micro-cap deal small enough to move fast on day one.

Source: SEC filing

Bloomberg's ETF analyst says the $8 trillion parked in money market funds stays put until rates break below 3%, so duration bets keep losing to T-bills.

Cash is the new Bond Allocation.. who needs duration when $BIL is outperforming 87% of bond ETFs this year and 83% over five years. This is why money market funds are inflow machines and have $8t in aum and don't look for any of it to leave until rates get below 3%. via https://t.co/7twya54Xj4
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