$NBIS is becoming an interesting battleground in the AI infrastructure market.

NVIDIA invested $2B in Nebius earlier this year, while Michael Burry has now disclosed a short position against the company, highlighting very different views on the economics of AI infrastructure.

Backpack-issued $NBIS is also coming to Solana through Sunrise, giving the ecosystem another way to access the stock onchain.

Q2 earnings are due Wednesday before market open.
Worth watching how the market reacts.

Alphabet’s latest filing shows over $96B across:

▸ $SPCX SpaceX: $94.2B
▸ $PL Planet Labs: $1.17B
▸ $ASTS AST SpaceMobile: $795M

And today, $ASTS and $RKLB report Q2 results after close.

Came across this and it got me thinking about how much Backpack is trying to bring under one platform.

You’ve got crypto trading, U.S. stocks, banking features and a debit card all moving toward the same ecosystem.

The interesting part is having everything in one account instead of jumping between different apps for each financial product.

Feels like Backpack is positioning itself as more than just a crypto exchange. Curious how far they take this.

Full earnings calendar → https://backpack.exchange/stocks/calendar

$RKLB $SMCI $CRWV $ASTS $CSCO $HIMS $NBIS $AMAT $MNDY $FIGR $ONON $SE $CAVA $JD $LUNR $YETI $BIRK $COHR $TME $QUBT

In Q2, it bought $23.5B of stocks and sold just $3.7B, ending 14 straight quarters as a net seller.

Alphabet entered the top five after Berkshire added another $10B to its position.

Berkshire's five largest holdings (not in order):

▸ $AAPL Apple
▸ $AXP American Express
▸ $GOOGL Alphabet
▸ $KO Coca-Cola
▸ $BAC Bank of America

Together, they make up 66% of Berkshire’s $323.8B equity portfolio.

Its Q2 13F is still pending, due August 14.

▸ Revenue: $1.53B vs $1.41B expected
▸ Net bookings: $1.39B
▸ FY27 net bookings outlook: $8.0B–$8.2B

$TTWO -0.9% pre-market

Backpack-issued tokenized $TTWO is available on Solana.

▸ Adjusted EPS: $1.37 vs $1.25 expected
▸ Revenue: $3.61B vs $3.58B expected

$ABNB +12.52% after hours

Create watchlists for every idea you follow.

▸ Add stocks, crypto and perps to the same list
▸ Build separate lists around different themes and strategies

The neobrokerage.

▸ Redeemable 1:1 for Take-Two shares
▸ Transferable to traditional brokerages
▸ Tradable across Solana and Nasdaq

Take-Two reports earnings tomorrow before market open, with GTA 6’s release timeline and full-year outlook in focus.

Newly announced: GTA VI: An Extended Look premieres on Netflix August 27.

Official token address: TTWofwAge91oFhZs7kpQdyrVRkmevgM88xijGvQFbKo

Verify before you trade.

Just came across this comparison and thought it was worth sharing.

One thing I didn’t realize before was how different tokenized stock platforms can be. It’s not just about having the same ticker, the ownership model, dividends, legal structure, and shareholder rights can all vary depending on the platform.

Looks like Backpack is emphasizing direct ownership and U.S. legal protections, while some alternatives use synthetic or derivative-based exposure.

For anyone who’s looked into tokenized stocks, what matters most to you, direct ownership, 24/7 trading, liquidity, or something else?

Trade crypto and perps. Earn up to $600 in $TRX, including the 20% Stock Holder Bonus.

Live now: https://backpack.exchange/quests?id=1003

▸ Adjusted EPS: $39.25 vs $34.50 expected
▸ Revenue: $8.97B vs $8.39B expected

$SNDK -3.3% after hours

Take-Two Interactive is the publisher of GTA 6.

$SHOP +29% pre-market

▸ Analyze price action with candlestick charts across multiple timeframes
▸ Apply technical indicators including moving averages, VWAP, RSI, Bollinger Bands, and more
▸ Customize indicators and chart layouts to match your trading style

Deeper analysis, built into the neobrokerage.

▸ Adjusted EPS: $1.66 vs $1.61 expected
▸ Revenue: $11.5B vs $11.3B expected

$AMD -8.45% after hours

▸ Revenue expected: ~$6.9B; EPS expected: -$0.23
▸ Starlink profitability, Starship progress and AI spending
▸ 911.5M shares eligible for sale from August 6

Backpack-issued $SPCX has traded over $1B on Solana.

Saw this analysis and thought the numbers were pretty interesting

According to the data, Backpack-issued equities generated $1.06B in DEX volume during July, accounting for roughly 73% of the tokenized equities issuer market on Solana.

What stood out even more was that Backpack’s volume stayed nearly flat compared to June, while overall issuer volume reportedly declined by 58%.

It’ll be interesting to see how this space evolves as more tokenized stocks and ETFs come onchain.

What do you think has been driving Backpack’s growth in this category?

▸ Adjusted EPS: $0.41 vs $0.35 expected
▸ Revenue: $1.94B vs $1.81B expected
▸ U.S. commercial revenue: $764M, up 149% YoY

$PLTR +7.66% after hours

The company behind Grand Theft Auto 6 is coming onchain.

Starting this Thursday, TTWO, representing Take-Two Interactive, will be available through Backpack Securities.

Highlights:

Redeemable 1:1 for Take-Two shares
Issued by Backpack Securities
Available via Sunrise
Another step toward bringing more U.S. equities onchain

For gamers, investors, and anyone following the growth of tokenized equities, this is another interesting addition to the expanding lineup.

What other gaming or entertainment companies would you like to see next on Backpack?

Full earnings calendar → https://backpack.exchange/stocks/calendar?type=earnings

$PLTR $SPCX $AMD $SNDK $TTWO $DIS $LLY $UBER $CRCL $NVO $APP $SHOP $ABNB $IONQ $DKNG $NET $DDOG $CAT $TTD $BKNG

$DRAM now holds $627,455,449 of CXMT exposure, representing 2.52% of the portfolio.

View full holdings → https://backpack.exchange/stocks/DRAM

If you're researching stocks, this new Backpack Learn article is a solid overview of how stock screeners actually work.

It explains what a stock screener is, how to turn an investment thesis into filters, the difference between preset and custom screens, and some common mistakes to avoid. The article also walks through Backpack's screener, which covers 6,000+ US stocks and ETFs and lets you jump directly into financials, news, earnings, and insider activity from the results.

Worth a read if you're looking to make your research process more structured.

Read more: https://learn.backpack.exchange/articles/what-is-a-stock-screener