- S&P fut: 7,787 (0.21%)
- Nasdaq fut: 29,888 (0.12%)
- Dow fut: 54,017 (0.27%)
- VIX: 14.54 (-0.07%)
- 10Y: 4.68% (-0.04%)
- Dollar: 99.90 (-0.12%)
- Fear & Greed: 62 · greed
- 30Y mortgage: 6.69%
TL;DR
3- Karoline Leavitt is stepping down as White House press secretary, adding to a run of shakeups inside the administration this week (Axios).
- Futures are green across the board (S&P +0.2%, Nasdaq +0.12%, Dow +0.27%) with VIX pinned near 14.5 — a calm, risk-on tape.
- Watch Core CPI's read-through today and tomorrow's PPI/jobless claims — inflation data is doing the heavy lifting for rate-cut expectations this week.
Number of the Day
- $1 billion — that's the Powerball jackpot just claimed by a single ticket-holder in Illinois. It's one of the largest lottery prizes ever awarded to a single winner, and it's a reminder that even in a week dominated by cabinet shakeups and market moves, someone's life just changed overnight for a $2 ticket.
Top 10 Stories Right Now
10- 1
Karoline Leavitt exits as White House press secretary. Axios reports she's stepping down, the latest personnel shift inside a West Wing that's seen a string of departures. No replacement has been named yet. Reaction is split between "overdue shakeup" and speculation about what's driving the churn. link
- 2
Trump's cabinet quietly left on a decoy plane. BBC reports members of the cabinet stayed aboard a decoy aircraft after the president made a quiet exit — an operational security detail that's drawing attention for what it implies about threat assessments. Details on the destination and reasoning remain thin. The story is fueling fresh chatter about security posture around the president. link
- 3
Homeland Security paid $464 million for planes it then parked. The New York Times details a procurement decision that left brand-new aircraft sitting unused, raising questions about oversight and planning. Fiscal watchdogs are likely to seize on this as a case study in wasted spending. link
- 4
ICE plans to purchase electric shock gloves. Reuters reports the immigration agency is moving forward with the procurement, drawing sharp criticism from human rights groups who call it excessive-force equipment. Advocates are already pressing for the plan to be scrapped. link
- 5
Pollsters misread Wisconsin again. Axios digs into why primary polling in Wisconsin has now missed twice in a row, pointing to methodology issues around turnout modeling. It's renewing doubts about polling reliability heading into bigger races. link
- 6
US diplomat calls West Bank settler siege an "act of terror." Al Jazeera reports a US diplomat used unusually blunt language to describe a settler siege of Palestinian homes, marking a rare sharp rebuke from a US official on this issue. The comments are likely to ripple through already tense diplomacy in the region. link
- 7
Colombia earthquake death toll climbs. CBS News reports rescue teams are still searching for survivors as the toll rises, with the country mobilizing emergency response resources. International aid offers are reportedly starting to come in. link
- 8
Putin visits islands seized from Japan in WWII. The New York Times reports the visit is angering Tokyo, reviving a decades-old territorial dispute at a delicate diplomatic moment. Japan is expected to lodge a formal protest. link
- 9
Ukraine strikes Russian Black Sea grain terminals. CNBC reports the attack is prompting warnings about global food market disruption, given Russia's role as a major grain exporter. Traders are watching for knock-on effects on grain prices. link
- 10
Illinois Powerball winner claims $1 billion jackpot. ABC News reports the single ticket-holder hit one of the largest lottery prizes ever, instantly reshaping one person's life. It's one of the rare feel-good headlines cutting through a heavy news cycle. link
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Upcoming Big Events
6- This week — CLARITY Act crypto legislation slips further; the Senate vote is now pushed to September, dimming hopes for 2026 passage.
- Friday — A plea discussion in the Luigi Mangione federal case could reignite double jeopardy arguments.
- Thu (today)–Fri — Core PPI, PPI, and Initial/Continuing Jobless Claims land Thursday morning, key inputs for the Fed's next move.
- Saturday — Retail Sales, Core Retail Sales, and Michigan Inflation Expectations round out the week's macro picture.
- Ongoing — Fed Chair Warsh is reportedly weighing cutting the FOMC's meeting frequency below eight per year, a structural change to how often markets get official Fed signals.
- Next Tuesday (Aug 18) — NY Empire State Manufacturing Index and NAHB Housing Market Index drop, early gauges of regional business and housing sentiment.
Pre-Market Pulse
6- 🟢 S&P futures: 7786.5 (+0.21%)
- 🟢 Nasdaq futures: 29888.0 (+0.12%)
- 🟢 Dow futures: 54017.0 (+0.27%)
- 🟡 VIX: 14.54 (−0.07%) — complacent
- 🟢 10Y yield: 4.68% (−0.04%)
- 🔴 DXY: 99.90 (−0.12%) Futures are quietly green with a sleepy VIX — the tape is leaning risk-on into the open.
Fear & Greed
62 · greed
Today's Economic Calendar
3- IEA Monthly Report (05:00 GMT), OPEC Monthly Report (06:00 GMT) — supply-side reads on oil markets.
- MBA Mortgage Applications +3.6% (prior −2.9%); 30Y mortgage rate ticked down to 6.77% from 6.81%.
- Core CPI: 0.2% actual, matching the 0.2% consensus, up from 0.0% prior — inflation ticked up modestly, likely keeping the Fed's cut path intact but not accelerating it.
Earnings Today
4- AMAT (AMC, $417.3B mkt cap) — EPS consensus $3.38 vs. $2.48 last year; a bellwether read on chip-equipment demand.
- JD (pre-market, $43.6B) — EPS consensus $0.77 vs. $0.55 last year, a China-consumer signal.
- TPR (pre-market, $32.4B) — EPS consensus $1.26 vs. $1.04 last year, a read on discretionary spending.
- NU (time unspecified, $66.3B) — EPS consensus $0.20 vs. $0.14 last year, LatAm fintech growth in focus.
Stocks Moving
8- BOXL $7.87 (+168.6%) — no catalyst in today's data.
- RMCF $1.52 (+126.0%) — no catalyst in today's data.
- OFAL $1.36 (+90.7%) — no catalyst in today's data.
- PLAG $1.20 (−79.4%) — no catalyst in today's data.
- NBIZ $5.31 (−67.8%) — no catalyst in today's data.
- NVDA — heavy volume (109.5M shares) as AI-related buying lifted global shares broadly today (AP News).
- INTC $100.89 (+3.3%) — among the most-active names, continuing its recent run.
- SMCI $37.58 (+18.6%) — one of the day's most-traded stocks, no specific catalyst in today's data.
Unusual Activity
4- CRWV — massive put volume at the $45 strike (30,511 contracts vs. 1,675 OI) expiring Aug 21, alongside heavy short-dated call/put activity at the $109 strike.
- META — unusual put buying at the $612.50 strike expiring tomorrow (Aug 14), plus longer-dated calls stacking up near $935-$950 for September.
- BRVE insider cluster: 6 insiders bought 4.95M shares at $18.00 (+13% ownership stake, ~$89.1M total) on Aug 7.
- QNT insider cluster: 10 insiders added 410,832 shares at $60.00, an 85% ownership increase (~$24.6M).
Crypto
- No crypto data available today.
Real Estate
3- The 30-year fixed mortgage rate sits at 6.69% as of Aug 6, easing slightly from recent highs.
- Existing home sales fell 1.7% in July as record prices and high rates keep buyers on the sidelines. link
- Seattle's housing market is seeing pending sales post the sharpest drop in the nation, tied to tech layoffs. link
Entertainment
5- 'End of Oak Street' opens against 'Spider-Man: Brand New Day.' The Hollywood Reporter breaks down its box-office chances against the blockbuster juggernaut. link
- 'Reacher' Season 4 cast guide drops. Variety maps who's who ahead of the new Prime Video season. link
- Nick Reiner indictment alleges he lay in wait before killing his parents. NPR details a new indictment escalating the case. link
- Addiction experts weigh in on Brad Pitt's public sobriety comments. The Hollywood Reporter says self-reported alcoholic accounts should be taken with skepticism. link
- Jenna Jameson marries Milagros Ocampo. TMZ reports the former adult film star has tied the knot. link
Breakthroughs
- Nothing big enough today — the "breakthroughs" data is mostly commemorative anniversaries and funding announcements, not new discoveries.
The Long Read
- Rachel Aviv: Mother and Daughter. A rare interview with the acclaimed New Yorker writer known for deeply reported psychological profiles — worth the sit for anyone who follows her work. read
On This Day
- In 2008, Russian units occupied the Georgian city of Gori during the Russo-Georgian War — a conflict that foreshadowed later tensions over Russian military assertiveness in its near-abroad.
Birthdays Today
- DeMarcus Cousins (turns 36) — the four-time NBA All-Star known for his dominant post play. Filip Forsberg (turns 32) — the Swedish NHL forward and longtime Nashville Predators scorer.
Recipe of the Day
- Grilled eggplant with coconut milk (Filipino) — built around eggplant, coconut milk, and lemon juice, with a kick from red pepper flakes. Light, smoky, and easy to throw together for a weeknight dinner. recipe
Parenting Tip
- This afternoon, try a "two truths" check-in: ask your kid to tell you one thing that went right today and one thing that went sideways, then share your own before offering any advice. It normalizes that both good and bad show up in the same day, without turning the conversation into a lecture. Works well for ages 5-14.
🧠 Daily trivia
In Telltale Games' "The Walking Dead: Season One," what is the name of Clementine's father?
Sweet Nothings
- Tell them: "Crocodiles can grow up to 15 feet, but most of them just have 4" — and if that gets even a groan, follow it up with an actual plan since the weekend's close: pick a restaurant neither of you has tried and just go, no occasion needed.
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Assembled automatically from public sources — every headline links to its origin. Nothing here is investment advice.





