Sponsored by
It’s Sunday.
The software sector’s AI panic may finally be fading.
After months of fears that AI could disrupt traditional software companies, Salesforce and CrowdStrike helped flip the narrative with earnings that showed enterprise spending remains strong.
Salesforce’s Agentforce and Data 360 ARR jumped 210% to $3.9B, while cRPO growth accelerated to 14% and management raised its full-year outlook.
CrowdStrike added a record $333M of net new ARR, up 51% YoY, as demand for cybersecurity continues to grow alongside AI adoption.
The results sparked a broader rebound across software, with the IGV software ETF jumping 6% and now sitting nearly 50% above its April low.
Key Data Bites Over The Last Week:
Top Fund Managers have been buying these 10 stocks.
Raymond James sees Nvidia hitting $13T market cap.
OnlyFans paid $700M dividend to founder year before death.
Anthropic sees over $30T in potential revenue.
TIME shared its list of the 100 most influential people in AI.
Nvidia in talks to invest in Perplexity at $30B valuation.
Nvidia agrees to buy Hugging Face for $13B.
Josh Kushner tripled his net worth to $17B in 12 months.
Nancy Pelosi invested up to $12M in Bloom Energy and Intel.
Meta reached $18B settlement with 48 states on child-safety.
Bill Gates published ~6,000 word essay warning about AI.
Elon Musk expects SpaceX to reach $3.5T revenue by 2033.
SpaceX plans to build $100B spaceport in Louisiana.
President Trump disclosed 1,000 stock trades in June.
Anthropic to pay $45B to rent AI compute from Nscale.
In today’s newsletter:
💵 The Cheapest Mag 7
📃 Nvidia’s Earnings
✔️ Nvidia’s Growth Rate
🧾 Mag 7 Revenue Growth
🇺🇸 America’s Most Profitable Company
Let’s jump right in.
📣 Together With Greenfield Robotics
The Physical AI Boom Reaches The Farm
Most AI lives on a screen. This kind drives itself through a soybean field at 2 a.m. and cuts weeds to the centimeter, with no herbicide. Greenfield Robotics has 82 machines running across 16 states. This year's fleet sold out, and every robot was delivered.
The platform keeps adding jobs: weeding now, feeding, spraying, and cover-crop planting on the way. Farmers are done with chemicals linked to Parkinson's and tied to the price of oil.
The pull is real, and the machines work. Greenfield's Regulation A+ offering lets everyday investors own a stake ahead of the scale-up the company is building toward.
Greenfield Robotics is Testing The Waters under tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind. “Reserving” shares is simply an indication of interest. There is no binding commitment for investors that reserve shares in this manner to ultimately invest and purchase the shares reserved of the company, or to purchase any shares of the company whatsoever.
For all the hype around Nvidia, the stock itself is priced surprisingly cautiously.
At just 16x forward earnings, Nvidia trades below every other Magnificent Seven company and at roughly a 20% discount to the broader index.
Much of that discount reflects a familiar concern.
Semiconductors are historically cyclical, and investors remain unsure how long this extraordinary AI spending cycle can last.
So far, demand is giving them little evidence that the cycle is turning.
That demand was on full display in Nvidia’s latest quarter.
Revenue surged 106% to $96.2B, while data center sales more than doubled to $89B.
Management guided to roughly $108B next quarter and expects revenue to grow around 70% next fiscal year, far ahead of the 45% Wall Street was expecting.
Even that may undersell demand.
CFO Colette Kress said customer forecasts point to growth closer to 100%, but memory and other supply constraints are limiting how much Nvidia can actually ship.
More remarkable is that Nvidia is accelerating again.
After revenue growth slowed to 56% last year, it has now accelerated for four consecutive quarters.
The resurgence is also becoming broader, with AI clouds, enterprises, sovereign buyers and industrial customers adding to demand from the original hyperscalers.
The second wave of Nvidia’s AI boom is being driven by a much wider group of customers.
That acceleration has put even the rest of Big Tech far behind.
Nvidia is growing at nearly four times the pace of Meta, the next-fastest member of the Magnificent Seven.
The gap is especially striking because Nvidia is no longer growing from a small base.
Few companies of its size are expanding anywhere close to this quickly.
And all of that growth is flowing directly into profits.
Nvidia now generates roughly $198B in operating income, well ahead of Microsoft and Apple at about $155B each.
Some companies can report higher net income when investment gains are included.
Alphabet, for example, has recently benefited from large unrealized gains on private holdings including SpaceX and Anthropic.
Operating income removes those investment swings and provides a cleaner view of the underlying business.
By that measure, no American company is currently more profitable than Nvidia.
📣 Presented By Greenfield Robotics
Own AI That Works In Dirt
The future of farming uses autonomous robots instead of herbicides. Greenfield Robotics has spent six years developing its technology, with 82 robots deployed across 16 states.
Reserve now for 10% bonus shares when you invest.
Greenfield Robotics is Testing The Waters under tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind. “Reserving” shares is simply an indication of interest. There is no binding commitment for investors that reserve shares in this manner to ultimately invest and purchase the shares reserved of the company, or to purchase any shares of the company whatsoever.
👋 Stripe Walks↗ – Stripe and Advent International reportedly abandoned efforts to buy PayPal.
🎙️ Treasury Blast↗ – Hedge fund legend Stanley Druckenmiller wrote a scathing op-ed criticizing the U.S Treasury’s decision to buy back long-term bonds.
⚠️ Rate Risk↗ – Fed Chair Kevin Warsh warned inflation has not meaningfully improved and left the door open to higher rates.
💾 Nvidia Challenger↗ – OpenAI said its new Jalapeno chips outperformed Nvidia’s current lineup in testing.
🙅♂️ Cloud Strings↗ – Nvidia paused some revenue-sharing deals with AI cloud companies after employees raised antitrust concerns.
Notable Companies Reporting Earnings Week of August 30th, 2026:
Major Trades Published 8/24 - 8/28. Trades may be those of family members. [Source: Capitol Trades]
Buys
Nancy Pelosi (D)
Company: Bloom Energy ($BE)
Amount Purchased: $1.5M - $6M
Description: Purchased 15,000 shares
Company: Bloom Energy ($BE)
Amount Purchased: $1M - $5M
Description: Purchased 100 call options with a strike price of $100 and an expiration date of 6/17/27.
Company: Bloom Energy ($BE)
Amount Purchased: $500K - $1M
Description: Purchased 100 call options with a strike price of $100 and an expiration date of 6/17/27.
Company: Intel ($INTC)
Amount Purchased: $500K - $1M
Description: Purchased 10,000 shares
Company: Intel ($INTC)
Amount Purchased: $250K - $500K
Description: Purchased 50 call options with a strike price of $50 and an expiration date of 6/17/27.
Sells
Michael Rulli (R)
Company: Alphabet ($GOOGL)
Amount Sold: $50K - $100K
Major Trades Published 8/24 - 8/28
Buys
Alibaba ($BABA)
Sells
Corpay ($CPAY)
Insider: Ronald Clarke (CEO)
# of Shares Sold: 119,486
$ Amount: $49,276,146
SEC Forms: [1]
Disclaimer: The publisher does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author, paid advertiser, or partner and do not reflect the official policy or position of any other agency, organization, employer or company.
Carbon Finance is a publisher of financial information, not an investment or financial advisor. We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient.
The information contained on this website/newsletter has been crafted with the assistance of an AI language model to enhance the content of this newsletter. We have made efforts to ensure the quality and reliability of the information presented, but we cannot guarantee its absolute accuracy. Therefore, readers are advised to exercise their own judgment and seek additional sources if necessary.
THE INFORMATION CONTAINED ON THIS WEBSITE/NEWSLETTER IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS’ OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN.
No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned.
Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.
The publisher, its affiliates, and clients of the publisher or its affiliates may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.
Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein.
This newsletter is sponsored by Greenfield Robotics. Sponsorship does not influence our editorial content. We do not endorse the sponsor’s products, services, or views, and we are not responsible or liable for any interaction or transaction between readers and the sponsor.
Some of the links in this newsletter are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no extra cost to you. All opinions remain our own.
By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.
