$SBET $DT $CHEF $CRWV $HGTY $HUMA $IONQ $IVA $MNR $MU $OCS $PHR $SENS $SERV $PCT $MNDY $ELMD $MDB $OKTA -- THE WSJ

$REXR +6.3% [Elliott Investment Management built an active stake in Rexford Industrial Realty, making it a top 5 investor. Rexford, a SoCal industrial REIT, is an acquisition target after shares fell 17.4%. Elliott often pushes for changes & has a history of REIT deals.]

$NVDA -1.3% [China aims to triple AI chip output by 2026 to reduce Nvidia dependence. Huawei plans AI chip plants to begin production by year-end, with two more in 2026, potentially surpassing SMIC's current capacity. SMIC will double 7nm chip production next year, with Huawei as

$ANF +1% [Abercrombie & Fitch raised its full-year outlook due to strong Q2 sales, largely driven by the Hollister brand's 19% jump. The company now expects sales growth of 5-7% and diluted EPS of $10.00-$10.50, despite anticipating $90M in tariff costs.] corporate.abercrombie.com/investors/news…

$AEO +5.15% [American Eagle's shares are up over 5% after announcing a collaboration with Travis Kelce (Tru Kolors), featuring vintage-inspired tees and jackets. This follows news of his engagement to Taylor Swift. The move addresses concerns that a Sydney Sweeney campaign alone

$ACHR -1.35%

$NEXT +7.5% [EQT is in talks for LNG from NextDecade's Rio Grande terminal (Train 5) and has a deal with Sempra. This reflects US gas production growth and expanding LNG export capacity, making the US a leading shipper globally.] bloomberg.com/news/articles/…

$NAKA -22.7% [Nakamoto, led by David Bailey, filed a $5B at-the-market program to primarily buy bitcoin; they hold 5,744 BTC.] x.com/DavidFBailey/s…

$PSKY -6.3% [Morgan Stanley reduced its price target on Paramount Skydance to $10 from $12 and maintains an Underweight rating. The new target considers updated forecasts and merger completion details.]

Earnings reports after market close: $NVDA, $CRWD, $SNOW, $VEEV, $HPQ, $NTAP, $PSTG, $FIVE, $URBN, $NTNX.

S&P 500 reached a new record close, Dow and Nasdaq ended the day higher ahead of $NVDA's earnings report.

$MDGL, $NVO, $IVA, $VKTX, $ALT, $GLMD, $SGMT, $IONS, $GNFT ... [The FDA accepted non-invasive Liver Stiffness Measurement as a surrogate endpoint for MASH clinical trials, replacing biopsies. This key decision accelerates MASH drug development by enabling safer monitoring,

$SNOW +11% [Snowflake's Q2 FY26 product revenue hit $1.09B (+32% YoY) and RPO reached $6.9B (+33% YoY). The company raised its FY26 forecast to $4.40B, driven by strong demand for its data analytics and AI services.] investors.snowflake.com/news/news-deta…

$PSTG +13.4% [Pure Storage's Q2 2026 results show revenue up 13% to $861M (consensus $846M) and subscription services revenue up 15%, with ARR growing 18%. The company raised its full-year outlook. Key highlights include the introduction of the Enterprise Data Cloud and new

$CRWD -7.4% [CrowdStrike's Q3 sales forecast missed estimates, despite strong Q2, causing shares to drop. Still recovering from a global outage it triggered, CRWD acquired Onum & cut 500 jobs. Analysts see it well-positioned in cybersecurity as it focuses on subscription revenue

$NTAP -6% [NetApp Q1 FY26 revenue of $1.56B & adj. profit of $1.55/shr beat estimates. However, FY26 revenue outlook of $6.63B-$6.88B is below estimates, causing shares to fall. CEO cites a solid start and growth in AI-ready data infrastructure.] netapp.com/newsroom/press…