Market Trends & Industry Dynamics - NVIDIA shares rallied significantly after earnings, up by **8.8%** [7], with the company adding over **$400 billion** in market capitalization in a single day [10] - NVIDIA executives forecasted **70%** revenue growth for the next fiscal year, significantly higher than the **45%** expected by Wall Street [11], and noted that smaller company segments and startups have reached **$40 billion** in revenue [16] - Broadcom shares increased by **3.3%** [9], CloudStrike shares rose by **19%** [9], and Salesforce shares surged **22%** [9][106] after reporting strong quarterly revenue outlooks above expectations at **$11.5 billion** [106] - HP Inc. shares dropped **4.5%** after reporting a **16%** decline in PC unit shipments driven by rising memory chip prices [108] - Wendy's shares fell **14%** following reports that Trian Fund Management currently has no plans to make a bid to take the fast-food chain private, leaving the company facing six straight quarters of declining comparable sales [112] Financial Performance & Debt Markets - S&P Global maintains a market capitalization of more than **$130 billion** [52] and rates approximately **$45 trillion** of debt each year [56] - S&P Global reported that revenue from its ratings business rose **17%**, while revenue from its indexes business increased **20%** year over year [51] - S&P Global expects **$250 billion to $300 billion** in debt issuance this year from hyper-scalers and large tech companies expanding artificial intelligence capabilities [52] Macroeconomic & Regulatory Updates - Fixed-income yields included the 2-year Treasury at **4.23%** [8], the 10-year Treasury at **4.67%** [8], and the 30-year Treasury at **5.19%** [8], while gold increased by **$12** an ounce to **$4,603** (up **0.3%**) [8] and Brent crude traded above **$90** (up **2.6%**) [8] - Meta Platforms agreed to a landmark settlement involving up to **$18 billion** and implemented platform design changes, such as limiting the daily time users under 18 years old can spend scrolling on its applications [80]

SCARLETT: BLOOMBERG REAL YIELD STARTS RIGHT NOW. COMING UP, CENTRAL BANKERS GATHER IN WYOMING FOR THE JACKSON HOLE ECONOMIC SYMPOSIUM WITH ALL EYES TURNING TO THE KEYNOTE SPEECH TOMORROW MORNING. THE LATEST INFLATION PRINT SHOWS PRICES RISING IN LINE WITH EXPECTATIONS, GIVING THE FED BREATHING ROOM TO HOLD RATES STEADY, AT LEAST FOR NOW.INCREASING DEMAND FOR CORPORATE DEBT SUGGESTS SUPPLY FEARS MAY BE OVERBLOWN, WITH CORPORATE BOND SALES SETTING A THIRD STRAIGHT MONTHLY RECORD IN AUGUST. INVESTORS BRACING F ...