Nu and Chime square off and home prices beat forecasts, then SpaceX leans into AI compute, MongoDB loses its CEO to Meta and FuelCell rides data center power demand.
Nu runs a profitable mobile bank across Brazil, Mexico and Colombia, while Chime, focused only on American customers, is growing faster. Watch Chime's planned purchase of Stride Bank, which would bring one of its partner banks in-house.
Read More →The S&P Case-Shiller index tracks home prices nationwide, and July's gains beat expectations as demand kept shifting toward cities east of the Mississippi. The next test is this week's run of labor data, expected to show a cooling job market.
Read More →SpaceX builds rockets and runs Starlink, and TD Cowen now expects renting out AI computing power to customers like Google and Anthropic to become its fastest-growing business. The watchpoint is how quickly SpaceX can bring that capacity online.
Read More →MongoDB makes the database software many apps are built on, and its shares sank after CEO CJ Desai left to lead Meta's new enterprise AI unit. Today's Investor Day is interim CEO Dev Ittycheria's first chance to steady confidence.
Read More →FuelCell Energy builds fuel cell plants that generate electricity on site, and Oppenheimer opened coverage with a bullish call that data center demand will outrun grid hookups. The watchpoint is whether FuelCell can scale manufacturing as planned.
Read More →This newsletter is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Always conduct your own research and consult a licensed financial professional before making investment decisions.
