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Here’s your weekly market recap, bringing you the biggest updates in stocks, crypto, and the economy—quick, clear, and to the point.

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🇺🇸 US govt buys into Intel
The U.S. government will acquire a 10% stake in Intel $INTC ( ▼ 3.24% ) , strengthening domestic chip production efforts under the CHIPS Act. The move highlights Washington’s push for semiconductor independence.

🛒 Walmart earnings miss
Walmart $WMT ( ▼ 1.23% ) reported weaker-than-expected earnings, citing margin pressure from rising costs. Revenue growth slowed, disappointing investors despite resilient consumer demand.

🏛️ Soho House goes private
Soho House parent company agreed to a $2.7B privatization deal, ending its turbulent run as a public firm. The deal aims to refocus on profitability and long-term expansion.

🛠️ Home Depot EPS slips
Home Depot $HD ( ▼ 0.43% ) posted EPS slightly below analyst forecasts, weighed by softer DIY spending and a cooling housing market. Shares dipped as growth concerns linger.

👓 AI glasses without cameras
Startup Halo unveiled the Halo X smart glasses, powered by Google Gemini & Perplexity AI. Always-listening but camera-free, they aim to boost real-time intelligence while protecting privacy.

📉 Bitcoin hedging rises
Bitcoin saw a surge in put option demand, signaling traders expect a potential pullback from all-time highs. Caution is building despite strong long-term sentiment.

🔒 Beacon fights fraud
The Beacon network is gaining traction as a way to reduce fraudulent activity in crypto. By boosting transparency and trust, it could become a key safeguard for digital assets.

🚀 Gemini eyes Nasdaq debut
Crypto exchange Gemini filed to go public on Nasdaq, aiming to tap investor appetite for digital asset platforms. The move follows rival listings, reflecting confidence in mainstream adoption.

🏔️ Jackson Hole lifts stocks
The markets rallied on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, fueling a surge to all-time high territory as he hinted that a September rate cut is now on the table.

🇬🇧 UK inflation climbs to 3.8%
Annual inflation in the UK rose to 3.8% in July, the highest since early 2024—with transport and food prices leading the increase. This surge dampens hopes for near-term interest-rate relief.

💰 UK borrowing costs surge amid inflation pressure
Despite strong GDP growth, the UK is grappling with higher government borrowing costs, as 30-year gilt yields climb above 5.6%, the highest since 1998. Persistent inflation and fiscal concerns are weighing on investor confidence.

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Disclaimer:
We are not financial advisors, and the information provided in this newsletter is for educational purposes only. Always conduct your own due diligence and consider what makes sense for your individual financial situation. Investing involves risks, and there is no guarantee of making money. In fact, you may lose money. We aim to provide you with the tools and insights to help you make informed decisions, but the ultimate responsibility lies with you.