And welcome back to Street Tweets from The Street Sheet!

Happy Labor Day — and College Football Weekend.

We hope your weekend is filled with all those LDW classics: fun in the sun, all-day football, and (of course) a few finance tweets that you can read in between drives.

Let’s get into it!

— Brooks & Cas

Last week capped off an impressive four-month run.

The S&P 500 briefly hit an all-time high on Thursday, before most gains were erased by a tech-centric selloff on Friday. We wouldn’t worry too much about Friday’s dip, though. CNBC argues that it’s likely just investors taking money off the table after the market posted its fourth winning month in a row.

There was another highlight of the week — or, rather, not-quite-high-enough-light. Nvidia $NVDA ( ▼ 3.33% ) — which makes up 8% of the entire S&P 500 — reported solid revenue of $46.7 billion, up 56% from last year. But the chipmaker’s earnings beat still sent its stock sliding in the back half of the week, as the higher-than-expected figures somehow still failed to meet investors’ expectations.

All told, Dow Jones and Nasdaq Composite were both down 0.19% (seriously). The S&P 500 ticked down 0.10%.

Next week, investors will be keeping a close eye on employment data, which will likely have a bigger influence on the Federal Reserve’s policy moving forward.

The U.S. economy added just 73,000 jobs in July, with June and May’s numbers revised sharply downward. A continued slowdown could all but assure a September rate cut.

Specific labor reports to watch out for include the JOLTS job openings on Wednesday, ADP employment change on Thursday, and nonfarm payrolls plus unemployment on Friday.

Next week, we’ll also get the ISM manufacturing/services PMI, factory orders, trade balance, and ISM services.

While Wall Street was distracted, one startup quietly built a platform with 50M+ users and landed the #1 spot on Deloitte’s list of the Fastest-Growing Software Companies.

That company is Mode Mobile – and their stock is already up 2,900% for early investors.

By completely rethinking the $500B smartphone industry, their users have earned and saved over $325M from simply using their phones. It’s a model that’s generated $75M in revenue, and powered a jaw-dropping 32,481% growth in just 3 years.

Mode has retail deals with Walmart and Best Buy, a reserved Nasdaq ticker ($MODE), and is still offering pre-IPO shares to the public… for now.

But the last two rounds sold out fast, and space in this one is limited.

With all the hype around AI, $BBW ( ▼ 9.25% )’s success is a good reminder that startingly simple business models can still generate mouth-watering returns.

Interestingly, despite sky-high prices, pending home sales were still up 0.7% annually in July.

Does anyone else feel like the housing market is sitting on cracking ice, and every month the cracks get louder?

Luckily, we’ve got the magic solution: start charging money!

We’ll accept our $10M consulting fee now. 🤝

On a brighter note, want to read a cool GenAI use case? Check out how Amazon $AMZN ( ▼ 1.12% ) uses GenAI to improve NFL games for viewers.

No, it's not Nvidia… It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Their EarnPhone has helped users earn and save over $325M, driving $75M+ in revenue and an eye-popping 32,481% growth. And having secured partnerships with Walmart and Best Buy, Mode’s not stopping there…

Like Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source. The difference is that you still have a chance to invest in Mode’s pre-IPO offering before the window closes.

They’ve just been granted the stock ticker $MODE by the Nasdaq and over 50,000 investors participated in their previously sold out offering at $0.30/share.

Do with this information as you will.

Most of us probably have at least one productive thing we want to do this weekend.

(Not counting tee-time.)

Let this be your sign. EOD Monday is the official deadline to get that task done. 🤝