HAPPY SATURDAY TO THE STREET.

And welcome back to Street Tweets from The Street Sheet!

OpenAI will soon start encouraging people to take short breaks during long ChatGPT sessions.

This could be a sneaky win-win for OpenAI: protect users’ mental health from chatbot overuse, while protecting its financials from token overuse.

Remember, OpenAI pays for every query. Fewer queries = lower costs. Or maybe Sam Altman just has the best interests of humanity in mind!

Yeah, no, definitely the former.

— Brooks & Cas

MARKET REVIEW

The markets rebounded impressively last week, primarily driven by a strong start to earnings season. By week’s end, more than 80% of the companies that reported earnings had beaten their estimates, putting the market on track for its best earnings quarter since 2021.

Outside of a few tariff updates, there wasn’t much economic news last week, which was honestly a welcome change after a few turbulent months.

All three major indexes finished in the green, with the Dow Jones up 1.35%, the S&P 500 up 2.43%, and the Nasdaq Composite soaring 3.87% to end the week at a record close.

MARKET PREVIEW

Next week’s action will resume with the release of July’s inflation rate.

Inflation has ticked up for two months straight, rising 0.1% from April to May, then 0.3% from May to June, ending the month at an annual rate of 2.7%. Two months of rising inflation may be a coincidence. But three months? That’s a trend.

Other reports to watch out for next week include the NFIB Business Optimism Index, retail sales, and the University of Michigan’s Consumer Sentiment Index.

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Putting the bull market in perspective.

AI growth and valuations continue to soar to nosebleed levels, while the overall market has stayed largely flat.

This suggests that we’re currently in one of two scenarios:

  1. A massive bubble

  2. An unprecedented technological renaissance

Only time will tell which one.

Four years of ramen? For this?

Male grads in their 20s are now as jobless as non-grads. The only thing separating them is a LinkedIn bio and $50K in debt.

School got out. That’s what happened.

This viral chart showcases just how much ChatGPT’s usage could be stemming from students who rely on AI for *ahem* “assistance” doing homework and writing essays.

Let’s be honest, students trying to cheat in school is nothing new. But the ease and scale at which today’s students can cheat is yet another worrying issue.

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If your 401(k) starts to swing 30% in a month, this could be why.

In a major win for crypto bros, major retirement plans now have much more flexibility to invest in digital assets. This news comes at BTC and ETH both sit near all-time highs.

Is this the beginning of the end for old-school assets, like gold?

Nope, not quite yet.

Despite the hype around buzzy investments like AI stocks and crypto, good old gold is still proving to be an attractive asset.

This recent surge could be the result of investors trying to front-run gold tariffs.

If you had to pick one, which are you buying: bitcoin or gold?

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QUESTION

What's the most valuable college football program in the US?

Hint: it raked in an average of $183 million in revenue each of the past three years.

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