August 20, 2026
US stock futures steadied on Thursday after President Trump vowed to squeeze Iran economically and the US Treasury's surprise move to intervene in the bond market caused Treasury yields to retreat and cryptocurrencies to surge.
Futures on the Dow Jones Industrial Average hovered near the flatline, while those on the S&P 500 traded higher. Contracts for the Nasdaq-100 led gains, rising just above the flatline after all three major indexes notched winning sessions on Wednesday.
Markets reeled after Treasury Secretary Scott Bessent stepped in to lower long-dated government bond yields, which could complicate Federal Reserve Chairman Kevin Warsh's intention to allow the markets to do some of the tightening for the Fed.
The 10-year yield (^TNX) fell by 5 basis points to 4.65%, while the 30-year yield (^TYX) declined by 9 basis points to 5.19%. Bitcoin (BTC-USD), meanwhile, surged by over 10% and reached the $70,000 level for the first time since early June.
At the same time, more attention turned to the United States' financial health as the national debt surpassed $40 trillion, having more than doubled in less than a decade.
In the background, Trump grew more frustrated about the lack of a deal to reopen the Strait of Hormuz and end the Iran war. On Wednesday evening, President Trump posted on Truth Social that the US plans to unleash an "ECONOMIC D-DAY" against Iran that entails "economic warfare and isolation on an unprecedented scale."
Walmart (WMT) earnings highlight the calendar on Thursday. Analysts expect the big-box retailer to report strong earnings but anticipate slowing sales growth. Yahoo Finance reports.
🖥️ SGLY Enters Into Non-Binding Strategic Agreement for Potential AI Data Center Campus. Stock Soars in Pre-Market
SGLY, a Nasdaq-listed digital infrastructure and high-performance computing company, today announced that it has entered into a non-binding strategic development framework agreement (the “Framework Agreement”) with Florence Development LLC relating to an approximately 900-acre industrial site in Florence, South Carolina.
The Framework Agreement establishes a framework for the parties to evaluate and, if mutually acceptable, potentially pursue the development of a large-scale U.S. platform for AI computing, hyperscale data centers, and high-performance computing infrastructure.
Except for certain binding provisions relating to exclusivity, confidentiality, publicity, representations, expenses, term, remedies, and governing law, the Framework Agreement is non-binding and does not obligate either party to consummate any transaction.
Any definitive transaction would be subject to the completion of satisfactory due diligence, utility confirmation, financing availability, governmental and corporate approvals, and the negotiation and execution of definitive agreements.
There can be no assurance that a definitive agreement will be reached or that the contemplated project will be completed on the terms, timetable, or scale currently contemplated, or at all. GlobeNewswire reports.
🧬 Evaxion Expands And Refocuses R&D Pipeline With AI-Designed Off-The-Shelf Cancer Vaccine Program. Stock Up In Pre-Market
Evaxion, a clinical-stage TechBio company developing novel vaccines with its pioneering AI-Immunology™ platform, expands its pipeline of cancer vaccine programs with EVX-05 against the deadly brain cancer glioblastoma.
We are collaborating with experts from Duke University School of Medicine to develop EVX-05. This program targets endogenous retrovirus (ERV)-derived antigens shared between glioblastoma patients, which AI-Immunology™ has unique capabilities in identifying. These ERV antigens constitute a novel source of highly attractive targets for off-the-shelf cancer vaccines.
With its new therapeutic concept, EVX-05 is being developed as a novel therapeutic approach for glioblastoma. Current therapies are often inadequate, meaning glioblastoma remains one of the most aggressive and deadly cancers.
“We are delighted to transform our discoveries in glioblastoma into a promising new vaccine program with EVX-05, which could hold significant therapeutic potential in an area of massive unmet medical need. We have an outstanding collaboration with Duke University and now see the huge benefits of combining their extensive disease understanding and clinical expertise with the unique target discovery capabilities of AI-Immunology™,” says Birgitte Rønø, CSO and COO of Evaxion. GlobeNewswire reports.
📰 Why Is Circle Stock Surging Thursday?
Circle Internet Group Inc. (NYSE: CRCL) stock is trading higher on Thursday, extending a 9.56% gain from the previous session as crypto-related stocks rally.
The surge comes as Bitcoin (CRYPTO: BTC) touched $70,000 on Wednesday, buoyed by declining Treasury yields and political developments surrounding U.S. digital asset regulation.
Nasdaq futures are up 0.09%, while S&P 500 futures have shed 0.01%. Benzinga reports.
🤖 Why Is Wolfspeed Stock Falling Thursday?
Wolfspeed Inc. (NYSE: WOLF) stock is trading lower in Thursday’s premarket session after the company reported mixed fourth-quarter results.
Wolfspeed reported an adjusted loss of $2.26 per share, beating the consensus estimate for a loss of $2.45. Revenue totaled $149.6 million, missing the $224.48 million Street estimate.
Adjusted gross margin improved 70 basis points sequentially to negative 19.9%. Operating cash flow was negative $54 million. Benzinga reports.
💼 Edesa Biotech Stock Sinks After Fresh Capital Raise
Edesa Biotech, Inc. (NASDAQ: EDSA) shares fell nearly 13% in Thursday premarket trading after the company priced a $25 million public stock offering.
Edesa Biotech shares fell 18.27% to $4.70 in Wednesday’s after-market session, putting the stock on traders’ radars.
The move followed the company’s Q3 earnings release, which came out four days earlier. Benzinga reports.
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM ET). Stock Analysis reports.
1) SGLY: Singularity Future Technology Ltd.
Total gain: +4.38 (146.98%)
2) WETO: Wetour Robotics Limited
Total gain: +12.24 (58.96%)
3) HTB: HomeTrust Bancshares, Inc.
Total gain: +9.41 (19.98%)
4) IPST: IP Strategy Holdings, Inc.
Total gain: +1.51 (17.87%)
5) BULL: Webull Corporation
Total gain: +1.19 (13.77%)
The closing price of the top three market percent gainers trading near or above $3 on Aug 19.
(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM ET) Stock Analysis reports.
1) MRNA: Moderna, Inc.
Total gain: +111.42 (176.97%)
The company announced today that their personalized mRNA-based cancer vaccine, combined with Merck’s immunotherapy medication Keytruda, met initial goals in a late-stage trial. The ongoing mRNA cancer vaccine study involves 1,137 patients with high-risk melanoma that has been surgically removed. In early results, the trial met its primary target of reducing the risk of cancer recurrence and its secondary target of reducing the risk of cancer spreading to other parts of the body. Fast Company reports.
2) ZSTK: ZeroStack Corp.
Total gain: +3.120 (169.57%)
The company today announced that it has entered into a definitive transaction pursuant to which Puple AI Inc. and Blockcat Pte. Ltd. have agreed to contribute an aggregate of US$1.0 billion of Memecore tokens to the Company in exchange for 3,500,000 ZeroStack common shares and pre-funded warrants to purchase up to 36,198,293 additional common shares (the "Warrants"), with the prefunded warrants issued at a price of US$25.19 per share. Shares issuable upon exercise of the Warrants will not be issued unless and until approved by ZeroStack's shareholders in accordance with Nasdaq Listing Rule 5635, and such shares will be subject to a lock-up of up to ten years following closing. NewsFile reports.
3) YJ: Yunji Inc.
Total gain: +2.510 (144.25%)
The stock appeared to be moving on no notable news.
(Estimate and Actual numbers represent Earnings Per Share in US Dollars)
DE
Deere
Q3 2026
Before Market Open
Estimate: 4.720
Actual: 5.100
ATAT
Atour Lifestyle Holdings
Q2 2026
Before Market Open
Estimate: 0.570
Actual: 0.600
NVZMY
Novozymes
H1 2026
After Market Close
Estimate: 0.600
Actual: 1.270
Time (ET) / Report / Period
“Every past decline looks like an opportunity, every future decline looks like a risk.”
– Morgan Housel
Sourced in: Collaborative Fund, When Things Get Wild
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