Daily Briefing · 2026-09-28

SpaceX notched a major win, with a successful Starship orbital achievement strengthening its position for lucrative NASA lunar and Mars contracts. In crypto, a story about a 47-year-old investor putting every dollar into bitcoin is drawing attention to the extreme concentration risk in digital asset markets. On the markets front, a closely watched seasonal indicator is warning that the historically strong November-to-April stretch for stocks may underperform this year. In banking, Fulton Financial is showing post-merger profit acceleration strong enough to cover its 7.5 percent preferred dividend yield. BitGo shares remain down 55 percent from their IPO valuation, even as the company secures a bank charter and keeps a debt-free balance sheet. CoreWeave continues to post strong profitability in AI compute infrastructure despite heavy capital expenditures and debt obligations. In gaming, analysts say Nintendo's brand legacy and exclusive titles should help it hold its ground even against blockbusters like GTA 6. In healthcare, Mirum Pharmaceuticals released topline results from its Phase III AZURE-1 study. An investor detailed adding ten thousand dollars to a Booking Holdings position, citing long-term conviction. In fund markets, double discounts are boosting the appeal of the Cohen and Steers Opportunity Fund. And in electric vehicles, analysts are flagging concerns over QuantumScape's lack of revenue and the absence of a manufacturing facility until 2029.