$TSLA - TESLA SHARES UP 1.1% PREMARKET; DATA SHOWS CO'S UK CAR SALES RISE IN AUGUST
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🚨 TRUMP, ZELENSKIY, EUROPEAN LEADERS BEGIN JOINT CALL: ELYSEE
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*US FINAL 2Q LABOR COST RISES 1% Q/Q; EST. +1.2%

*US FINAL 2Q LABOR PRODUCTIVITY RISES 3.3% Q/Q; EST. +2.7%
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*US JOBLESS CLAIMS 237K IN AUG. 30 WEEK; EST. 230K

*US CONTINUING CLAIMS 1.94M IN AUG. 23 WEEK; EST. 1.962M
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*US JULY TRADE DEFICIT $78.3B; EST. -$77.9B
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CITIGROUP HANDS BLACKROCK $80 BLN OF ASSETS IN WEALTH DEAL
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CNBC INTERNATIONAL STAFF TO BE NOTIFIED OF CUTS: NYT REPORTER
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🚨 BOFA SEES FOMC SPLIT AT SEPTEMBER MEETING

BofA expects sharp divisions within the Fed in September. Doves like Waller, Bowman, Daly, and likely Miran could push for deeper cuts, while hawks including Hammack, Bostic, Musalem, and Schmid stress inflation risks. Even with a 25bp cut, dissents in both directions are possible.
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$NVDA - JPMORGAN ON NVIDIA: SUPPLY TIGHT, RUBIN ON TRACK

JPMorgan reiterated an Overweight and $215 PT on NVDA after meeting with IR. Demand still exceeds supply, keeping lead times “in quarters, not months,” even as Blackwell Ultra ramps. NVIDIA confirmed its Vera Rubin platform remains on schedule for 2H26, with all six chips already taped out at TSMC.
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PULTE: POWELL CREATING CAUSE' BY THE DAY
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NASDAQ STEPS UP SCRUTINY OF COMPANIES LOADING UP ON CRYPTO- THE INFORMATION
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*ITALIAN DESIGNER GIORGIO ARMANI HAS DIED, CORRIERE SAYS
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📉 FED SEPTEMBER DECISION: MARKET VS. STREET VIEWS

According to Kalshi odds (chart below), markets see:

🔸 87% chance of a 25bp cut
🔸 7% for >25bp cut
🔸 7% for no change

💬 Investment banks are split:

🔸 Goldman Sachs & JPMorgan: Expect a cut, warn Fed credibility at risk.
🔸 UBS: Dovish, sees ~100 bps easing across 4 meetings.
🔸 Morgan Stanley: More cautious—puts Sept cut odds at 50/50.
🔸 Markets overall: Pricing ~2.5 cuts by year-end.
https://t.co/MTBwgpMK1m
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CHINA'S XI TO NORTH KOREA'S KIM:CHINA'S POSITION ON RELATIONS WITH NORTH KOREA WILL NOT CHANGE-XINHUA
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CHINA'S XI TO NORTH KOREA'S KIM: CHINA SUPPORTS NORTH KOREA IN DEVELOPING IN ITS OWN PATH-XINHUA
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U.S. S&P GLOBAL AUGUST FINAL COMPOSITE PMI AT 54.6

U.S. S&P GLOBAL AUGUST FINAL SERVICES PMI AT 54.5
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🚨 JUSTICE DEPARTMENT ISSUES SUBPOENAS AS PART OF PROBE INTO FED GOVERNOR LISA COOK -- WSJ
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JUSTICE DEPARTMENT ISSUES SUBPOENAS AS PART OF PROBE INTO FED GOVERNOR LISA COOK -- WSJ

The Justice Department has opened a criminal investigation into Federal Reserve governor Lisa Cook, issuing subpoenas as part of an inquiry into whether she submitted fraudulent information on mortgage applications, according to U.S. officials familiar with the matter.
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TRUMP, ZELENSKIY, EUROPEAN LEADERS CALL IS OVER: ELYSSE
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*US AUG. ISM SERVICES PMI AT 52 VS 50.1; EST. 50.1

*US AUG. ISM SERVICES NEW ORDERS AT 56 VS 50.3

*US AUG. ISM SERVICES EMPLOYMENT AT 46.5 VS 46.4

*US AUG. ISM SERVICES PRICES PAID AT 69.2 VS 69.9
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ELON MUSK’S X MONEY PLANS STALLED BY REGULATORS, STAFF TURNOVER- THE INFORMATION
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