Welcome back, financial enthusiasts — here's the morning update.

Nvidia’s growth drivers, coupled with favorable AI demand and new export licenses granted for China, are setting a bullish tone for the stock.

The question now is: can Nvidia sustain this momentum through 2026, considering potential challenges and competitive pressures in these sectors?

In today’s financial recap:

Nvidia benefits from AI demand and China access
BitMine’s Ethereum treasury exceeds 1.5 million ETH
Oracle integrates GPT-5 AI across apps
DLocal stock jumps on optimistic growth outlook

Nvidia’s AI and China Opportunities Spark Optimism

The TradeWatch: Nvidia is set to benefit from increased AI demand and recently acquired export licenses for China; this has led analysts to increase price targets amidst significant revenue growth from hyperscalers.

Unpacked:

Mizuho analyst Vijay Rakesh upped the price target on NVIDIA, identifying the company as one of the Must-Watch AI Stocks on Wall Street.
Additional growth drivers for NVIDIA Corporation include near-term ramps at xAI, Crowdstrike, and Oracle Cloud Infrastructure.
Licenses granted in China could potentially lead to 300-500K+/yr GPU sales for AMD/Nvidia in C26E.

Bottom line: Nvidia’s strategic positioning in AI and its access to the Chinese market present substantial opportunities for further growth that may continue through 2026. While challenges remain, these dual tailwinds suggest a positive outlook for Nvidia in the near future.

BitMine’s Ethereum Treasury Surpasses 1.5 Million ETH

The TradeWatch: BitMine Immersion Technologies now holds over 1.5 million ETH, representing approximately 1% of the total supply, positioning it as the second-largest crypto treasury after MSTR.

Unpacked:

BitMine’s treasury now holds $6.6 billion in Ethereum after adding $1.7 billion last week, driven by institutional interest in accumulating **Ether*.
Tom Lee, Chairman of BitMine, compared the GENIUS Act and SEC’s “Project Crypto” to the U.S. ending the gold standard in 1971, suggesting a similar transformation for financial services.
BitMine’s crypto holdings have surpassed 1.52 million ETH to become the second-biggest crypto treasury globally.

Bottom line: BitMine’s aggressive strategy to acquire a substantial portion of the ETH supply will likely draw continued attention from both traditional finance and the crypto community.

Oracle Integrates GPT-5 AI Across SaaS and Cloud Apps

The TradeWatch: Oracle has deployed OpenAI’s GPT-5 across its Fusion Cloud, NetSuite, and industry-specific SaaS apps, bringing advanced AI directly into business workflows.

Unpacked:

Oracle is embedding GPT-5 across its database portfolio which is designed to excel at code generation, debugging, and complex reasoning, ultimately aiming to accelerate automation and improve accuracy.
Oracle and Google Cloud expanded their partnership, bringing Google’s most advanced AI models like Gemini 2.5, into Oracle Cloud Infrastructure’s Generative AI service, enabling customers to build AI agents for multimodal tasks.
The company plans to embed Gemini into Oracle Fusion Cloud Applications to enhance workflows across finance, HR, supply chain, sales, service, and marketing.

Bottom line: The push delivers richer, more precise business insights and recommendations, illustrating the increasing importance of AI in enterprise solutions. Oracle’s integration of GPT-5 and Gemini AI promises to improve workflow efficiency and scalability in financial and operational systems.

DLocal Rockets 42.7% on Optimistic Growth Outlook

The TradeWatch: DLocal’s stock (NASDAQ:DLO) surged 42.7% following a highly optimistic full-year 2025 outlook, projecting revenue growth of 30-40% and EBITDA growth of 40-50% despite macroeconomic uncertainties.

Unpacked:

DLocal expects significant revenue and EBITDA growth, citing strong performance in the first half of the year and sustained momentum across its business.
Risks identified by DLocal include trade tariffs, shifting fiscal regimes in Brazil, and potential currency devaluations in Argentina and Egypt.
In the first half of 2025, DLocal saw its net income increase by 40% to $89.5 million, with revenues growing 33% to $473.2 million, showcasing strong financial performance.

Bottom line: DLocal’s optimistic outlook signals confidence in its cross-border payments business despite global economic challenges and attracts investor attention. This fintech player’s growth trajectory could indicate broader positive trends within the payments sector.

The Shortlist

Growth investors are eyeing asymmetric upside from AST SpaceMobile’s satellite deployments and Rigetti Computing’s multi-chip quantum system.
Faraday is betting big on Web3 and crypto assets with a new $1 billion strategy that aims to merge AI mobility with the crypto economy.
Cantor initiated coverage on Workday with an Overweight rating of $265 PT.