GoKawiil1. Economic offense
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images
2. Foot the bill
Dicks Sporting Goods Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 24, 2026. Michael Nagle | Bloomberg | Getty Images
Shares of Dick's Sporting Goods are 15% lower before the bell after the retailer missed Wall Street's expectations for the second quarter and lowered its full-year outlook for its Foot Locker business, citing a challenging footwear market. Comparable sales at Foot Locker, which Dick's acquired last year, fell 3.6% in the period. Sales at Dick's stores meanwhile rose 4.9%, helped in part by this summer's World Cup. Elsewhere in retail: Lego reported record revenue for the first half of 2026 with a year-over-year increase of 21%. CEO Niels Christiansen told CNBC that the toy brickmaker has both recruited new consumers and retained its current fans.
3. Sale rack
Nvidia CEO Jensen Hwang gives the keynote address at the company's annual GTC developers conference at the SAP Center in San Jose, California, on March 16, 2026. Josh Edelson | AFP | Getty Images
Nvidia's Groq 3 LPX rack is in full production and will be online later this year, the chipmaker announced yesterday. It marks the technological commercialization of Nvidia's $20 billion purchase of Groq assets — Nvidia's largest acquisition on record. As CNBC's Kif Leswing writes, the race to get Groq's chip out there underscores the role of low-latency inference in making artificial intelligence agents more responsive. The Groq 3 LPX rack can provide 3,400 tokens per second, according to Nvidia. All eyes are on the "Magnificent 7" chipmaker ahead of its earnings report tomorrow after the bell. Nvidia shares have fallen for seven straight days, marking its longest losing streak since 2022.
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4. Trump trades
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