HAPPY SATURDAY TO THE STREET.
And welcome back to Street Tweets from The Street Sheet!
Apple $AAPL ( ▼ 0.04% ) is announcing its latest iPhone next Tuesday, which they assured us will be an “awe-dropping” launch. Are we holding our breath for life-changing updates? Not really. Will we still upgrade when the time comes? Probably.
The real awe-dropping update would be if they changed the iPhone’s name. iPhone 17 just doesn’t have any — ahem — ring to it. Anyway, let’s talk tweets!
— Brooks & Cas
MARKET REVIEW
We’re currently in a Tale of Two Economies.
The stock market is up, and corporate profits have been strong. But hiring has slowed dramatically, and unemployment ticked up last month. As a result, we’re currently in a no-hire, no-fire zone. Call it the limbo economy.
Last week, the S&P 500 and Nasdaq Composite rose 0.33% and 1.14%, respectively. However, the Dow Jones Industrial Average dipped 0.32%, weighed down by Nvidia’s $NVDA ( ▼ 2.7% ) post-earnings weakness.
MARKET PREVIEW
The marquee economic event to watch out for next week is August’s inflation rate, as measured by the Bureau of Labor Statistics’ Consumer Price Index (CPI).
In July, inflation stayed flat on a monthly basis at 2.7%, while core CPI, which excludes food and energy prices, rose to 3.1% from 2.9%.
Other important reports include the NFIB Business Optimism Index on Monday and the University of Michigan consumer sentiment report on Friday.
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American Eagle is up 25% in after hours following its earnings
American Eagle $AEO just said its partnership with Sydney Sweeney has been its “best” advertising campaign to date - CNBC
— #Evan (#@StockMKTNewz)
8:18 PM • Sep 3, 2025
The economy’s not the only thing in limbo…
Is American retail doing well right now? It’s hard to tell.
American Eagle $AEO ( ▲ 0.11% ) soared 25% after turning in its latest earnings. But Lululemon $LULU ( ▼ 18.58% ) plummeted nearly 20% following its own report card.
Did one Sydney Sweeney ad make all the difference? Or are cash-strapped customers just favoring $50 jeans over $125 leggings?
The price of a hot dog at every NFL stadium:
— #Dov Kleiman (#@NFL_DovKleiman)
7:09 PM • Sep 3, 2025
NFL stadiums have a surprisingly large hot dog spread.
Some stadiums treat hot dogs like a loss leader. Others treat them like premium products.
Either way, none of them are coming close to topping America’s cheapest dog.
This is absolutely insane:
The US just revised the June jobs report lower for a SECOND time for a total of -160,000 jobs.
Now, the US has officially LOST -13,000 jobs in June, the first negative month since July 2021.
What just happened? Let us explain.
(a thread)
— #The Kobeissi Letter (#@KobeissiLetter)
1:29 PM • Sep 5, 2025
That’s not good.
The US added just 22,000 jobs in August, well below expectations of 75,000.
What are the odds that President Trump hires Sydney Sweeney to help boost job numbers?
I mean, it worked for American Eagle…
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Robotaxi app now available to all
Download to join waitlist – expanding access soon
— #Tesla Robotaxi (#@robotaxi)
2:24 AM • Sep 4, 2025
The robotaxi wars are heating up.
Robotaxi is live in the Bay Area, and reviews are trickling in.
Early adopters have tweeted about cheaper rides, longer wait times, and even a meme-worthy approach to tipping.
When someone books a 5PM meeting on Friday
— #Stocktwits (#@Stocktwits)
7:51 PM • Sep 5, 2025
We may not be billionaires…
But we can definitely relate.