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Nasdaq 26,729 Β· Berkshire Hathaway boosts Alphabet stake by $17 billion ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #40 Β· Monday, August 17, 2026
Volatility (VIX)  Calm Β· 14.9  β–² from 14.3 yesterday
Stocks edged lower in calm trading as tech giants compete in AI while a crypto venture moves toward banking approval.
 
 

●  The Numbers

S&P 5007,785.76  -0.17%
+0.36% this week
Nasdaq Composite26,729.16  -0.28%
+0.14% this week
Dow Jones53,732.41  -0.20%
-0.56% this week
Russell 20003,068.42  +0.51%
+1.12% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

TSLA Tesla+0.68%
^RUT Russell 2000+0.51%
AAPL Apple+0.22%

Laggards

AMZN Amazon-0.94%
SPCX SpaceX-0.91%
META Meta-0.86%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Trading above both its 50-day (7,512.39) and 200-day (7,074.90) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,798.99; currently in the upper third of that range. RSI(14) 75 β€” traditionally described as overbought.

See where every market sits on the daily page β†’

●  The Brief

 Berkshire Hathaway boosts Alphabet stake by $17 billion

Warren Buffett's firm significantly increased its Google parent company holdings in Q2 2026, signaling confidence in the mega-cap tech firm's long-term value. (Yahoo Fin)

 Alibaba launches laptop-ready AI model, escalates Meta rivalry

The Chinese tech giant released an advanced AI model and open-source weights, intensifying global competition in artificial intelligence development alongside Meta. (CNBC)

 Trump-linked crypto venture clears preliminary bank charter step

A cryptocurrency company with Trump connections received preliminary approval for a bank charter, advancing potential regulatory integration of digital assets into traditional banking. (Yahoo Fin)

 Datavault AI acquires CyberCatch for $94.5 million cash

The all-cash deal consolidates cybersecurity and data protection capabilities, reflecting ongoing merger activity in the information security sector. (Yahoo Fin)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on β€” live charts, screeners and alerts for stocks, indexes and the VIX. New to it? This link puts toward a paid plan.

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Markets 101

What is market capitalization?

A company's total stock-market value: share price times the number of shares. A "mega-cap" like Microsoft is worth trillions; a "small-cap" might be worth under a couple of billion.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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