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CLOSING BELL
Risk Off Market Might Be What The Dr. Ordered

The market fell on Tuesday, as Home Depot retail sales came in lower than the Street expected. The stock climbed to lead the Dow, as investors watched a healthy same-store growth, and hoped an early summer housing slump was coming to an end.

AI Tech stocks, including both software and hardware, sold off, as Palantir had its fifth consecutive day in the red, leading the S&P 500 in declines, and AMD dropped. A Crypto’s recent pullback is one sure sign that retail might be going risk off, as Coinbase and Strategy fell. Intel, meanwhile, climbed after more talk of a stake purchase, this time $2B from SoftBank, after the rumors that the White House was thinking of a 10% stake for ~$10B. 👀

Today’s issue covers Retail earnings start with housing, crypto declines might be a sign of falling momentum, and more. 📰

With the final numbers for indexes and the ETFs that track them, 8 of 11 sectors closed green, with real estate $XLRE ( ▲ 1.78% ) leading and tech $XLK ( ▼ 1.75% ) lagging.

 $SPY ( ▼ 0.54% ) $QQQ ( ▼ 1.36% )  $IWM ( ▼ 0.77% )  $DIA ( ▲ 0.05% ) 

EARNINGS
Home Buying Or DIY Home Building, Investors Use Tuesday Earnings To Price Out A Favorite 🏡 

The first major retail shopping stock reported Tuesday morning, becoming one of the brighter signs of a price climb on an otherwise red day. Tuesday’s macro data showed the highest number of new residential building projects since April, which helped push home construction stocks higher.

Home Depot’s Q2 2025 adjusted EPS was $4.68, slightly above the $4.67 of Q2 2024, while sales were $45.3 billion, up 4.9%. Both figures were lower than expectations. The company reaffirmed its fiscal year 2025 guidance, expecting sales growth of approximately 2.8% and comp sales growth of roughly 1%.

Investors still bought into the stock, sending it 3% higher, after same-store sales growth came in high. Although the major home improvement retailer warned that prices would rise due to tariffs, the market seemed to be pricing in a positive second half of the year. Shares of $LOW ( ▲ 2.18% ) climbed, due to report major home decor earnings tomorrow.

Compare That To Home Building

TollBrothers came in after the bell, a massive home seller reported a 19% drop in its home backlog, and Q3 EPS and revenue of $3.73, $2.93B, above estimates. Revenue climbed 4.3%, but the market was not jumping with joy on the news. The stock fell in after-hours trade $TOL ( ▲ 0.76% ).

The company’s log fell, and gross margin on sales was 25.6%, down from 27.4% in Q3 last fiscal year.

According to Fiscal.ai, TOL revenue has come in lower all year, matching cyclical averages but not overtaking them.

SPONSORED
An Under-the-Radar Bitcoin Treasury Company with a Strong Q2?

Bitcoin Depot (Nasdaq: BTM) is an established leader in the Bitcoin ATM industry, and their Q2 financials paint a picture of sustained success:

• BTM up 300+% this year

• Revenue up 6% YoY to $172.1M

• Net income up 183% YoY to $12.3M

Oh, and they’ve been building out a robust Bitcoin treasury strategy, joining the ranks of other forward-looking companies eyeing growth in the digital asset landscape.

The above is for general informational purposes only and is not investment advice nor does it constitute an offer, recommendation, or solicitation to buy or sell a particular financial instrument. Bitcoin Depot is not a registered investment adviser under the U.S. Investment Advisers Act of 1940. Nothing contained herein constitutes a solicitation, recommendation, endorsement, or offer by Bitcoin Depot to buy or sell any securities or other financial instruments.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

RETAIL INVESTING NEWS
Crypto, AI Pullback Might Mark Momentum Pause After Hot Summer 😅 

For those who follow the Stocktwits top 25 list on Saturdays, the trend has become clear after three weeks of underperformance from this year’s highest momentum names: there is a momentum pullback hitting U.S. markets. 💀 

Tuesday, AI stocks and software giants, like $PLTR ( ▼ 9.36% ), $AMD ( ▼ 5.45% ) and even $NVDA ( ▼ 3.5% ) pulled back, after jitters from Andrew Left at Short Selling firm Citron Research. Talking smack in response to a Jim Cramer post, Left said Palantir was not ‘easy money’ but overvalued compared to OpenAI’s $500B valuation. PLTR is 16% lower in five sessions after hitting all-time highs last week.

The pain did not end with short seller chirps. Crypto was down big Tuesday. Bitcoin smashed records last Thursday at $124k, but has fallen 8% since. Eth hit records the same day, but now is down 13%. 😡 

$COIN ( ▼ 5.82% ) $ETOR ( ▼ 6.13% ) Crypto stocks were broadly lower Tuesday: Coinbase, MARA, Webull, and Bullish were all lower 5-6%. Galaxy Digital led losses across exchanges. Crypto treasury firms Strategy, SharpLink Gaming, Bitmine Immersion, and DeFi Development also dropped, with Circle slipping among stablecoin issuers.

Robinhood received a bullish upgrade from Bernstein, but shares fell 6% midday as retail sentiment stayed bullish despite broader crypto weakness. The Global X Blockchain ETF, which tracks blockchain tech firms, and the Bitwise Crypto Industry Innovators ETF, which tracks companies generating revenue through cryptocurrency activities, both fell 5%.

Mike Wilson, Chief Equity Strategy at Morgan Stanley, told CNBC on Tuesday that the market is in a bull run, but is hitting a pause. He said the pullback in April was caused by institutional selling, while retail bought. Now that it’s the end of summer, and retail has been hot for months, he is seeing signs that regular investors are finally going to start pulling back until the end of September.

He did warn that there could be a 10% pullback, and Mag Seven names were likely to sell off as investors broaden out across industrials and financials.

He was not the only strategist to warn of a pullback. Citadel Securities strategist Scott Rubner warned that retail stock buying is likely to slow in September after 16 straight weeks of net equity purchases and option buying, marking the sixth-longest bullish streak since 2020.

IN PARTNERSHIP WITH THE CMT ASSOCIATION
Join Stocktwits Editor-in-Chief Tom Bruni At The CMT Association’s Global Investment Summit 🧑‍🏫 

Hi everyone, Tom Bruni here! I’m thrilled to be heading to Dubai this September for the CMT Association’s 2025 Global Investment Summit. I’ll be joining 30+ top speakers and hundreds of market pros for three days of insights, networking, and big-picture market discussions. My session will focus on how traders and investors are using Stocktwits sentiment data to navigate today’s markets. 🧭 

It’s all happening at Dubai’s iconic Museum of the Future from September 30 to October 2. The CMT Association is offering a special discounted rate exclusively for the Stocktwits community. Register below—I’d love to see you there! 🎫

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

POPS & DROPS
Top Stocktwits News Stories 🗞️ 

Oracle dropped 4% after cutting nearly 10% of its Indian workforce, blindsiding cloud and software teams amid AI expansion and OpenAI integration, while retail sentiment stayed bullish despite operational disruption warnings.
Palo Alto Networks jumped over 3% after a Q4 earnings beat and bullish FY26 guidance triggered analyst upgrades, surging retail sentiment, and a 3,846% spike in message volume.
Viking Therapeutics slumped 42% after nearly a third of patients discontinued its oral weight-loss drug VK2735 due to GI-related side effects, despite showing 12.2% average weight loss in the mid-stage trial.
Intel jumped 8% after Commerce Secretary Howard Lutnick said the Trump administration may take a non-voting federal stake in the company to anchor domestic chip supply and counter Chinese risk, while criticizing subsidies to Taiwan’s TSMC.
Trump said it’s “possible that Putin doesn’t want to make a deal” and urged a direct Zelenskyy–Putin meeting, warning that progress hinges on concessions and “flexibility” from both sides.
Medtronic surged in retail sentiment after appointing two new directors and forming strategic committees, following Elliott’s major stake and FY26 guidance hike post Q1 beat.

Don’t miss a story! Follow @StocktwitsNews for a live feed in real time. ✍️ 

PRESENTED BY STOCKTWITS
The Truth About Google, AI, and Advertising with Chris Camillo

Welcome to Daily Rip Live with Katie Perry and Shay Boloor as they sit down with social arb trader and Dumb Money co-host Chris Camillo to break down how AI is shaking up Google’s core business, why advertisers should be paying closer attention to search data, and what it means for investors tracking the next wave of winners and losers.

This episode is presented by Surf Air Mobility $SRFM ( ▼ 4.11% )

WHAT’S ON DECK
Tomorrow’s Top Things 📋

Economic data: Crude Oil Inventories (10:30 AM), Fed Waller Speaks (11:00 AM), 20-Year Bond Auction (1:00 PM), FOMC Meeting Minutes (2:00 PM), FOMC Member Bostic Speaks (3:00 PM), Jackson Hole Symposium (8:00 PM). 📊

Pre-Market Earnings: Baidu ($BIDU), Target ($TGT), iQIYI ($IQ), Lowe’s Companies ($LOW), ZIM Integrated Shipping ($ZIM), Futu Holdings ($FUTU), TJX Companies ($TJX), Estee Lauder Cos ($EL). 🛏️

After-Hour Earnings: Coty ($COTY). 🎧

P.S. You can listen to all of these earnings calls and more straight from the Stocktwits app or website. You’ll find them on the calendar page and individual symbol pages once they’re set to begin! We’ll see you there. 👍

Links That Don’t Suck 🌐

📺️ The Precarious Framework Underpinning Stablecoins’ Rise

⚠️ Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt

😨 Powell’s Jackson Hole speech could setup a policy tweak that lasts well beyond his tenure

👀 Rubio to lead Ukraine security guarantees talks, with Trump promising air support

🏠️ Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’

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