
Thursday, September 3: Ultragenyx forty-five. Snowflake twenty-three. Claims into payrolls.
IA
The Triple Tape por Brian Stegman
3 sept 2026
07:59
Notas del episodio
The Triple Tape — Thursday, September 3, 2026
Ultragenyx crushed after a Phase 3 Aspire miss. Snowflake ripped on a beat and raise. Broadcom printed a huge AI quarter. Claims, trade, Waller, and ISM Services hit today; payrolls Friday.
CRYPTO
• Coinbase launches regulated crypto futures in Canada (up to 10x)
• HashKey joins DTCC digital-assets working group (first Asian CSP)
• Thailand finalizes Travel Rule + self-custody wallet checks (eff. Feb 27, 2027)
• DOJ + CrowdStrike disrupt Sality clipjacking botnet
• Grayscale / a16z / CCI urge SEC not to blanket-restrict “novel” ETFs
Tape (CMC ~5:16 a.m. ET): BTC $77,833 +1.19% · ETH $2,403 +0.31% · USDT $0.9995 · BNB $702 +2.44% · XRP $1.37 +2.67%
STOCKS
• CDW to acquire Lovelytics ~$525M
• Diversified Energy buys Birch Permian from Elliott ~$1.8B
• Ultragenyx Phase 3 Aspire miss (Angelman)
• Shell completes ARC Resources (~$16.5B EV)
Earnings printed: Broadcom, Snowflake, HPE, NetApp, Tilly’s, Netskope
Tape: RARE −45% · TLYS +29% · SNOW +23% · NTSK +10.5% · NTAP −8.8%
METALS
• Dutch central bank moves ~86t gold from NY/Ottawa toward London
• Eldorado McIlvenna Bay ramp + 43% mill-expansion study
• SHFE Cu warrants Sep 2: 29,517 t (−249)
• LME Cu stocks Sep 2: 233,850 t (+350)
• Goldman Sachs gold $4,900 YE on CB buying (~50 t/mo)
Tape (Kitco ~5:14 a.m. ET): Pd $1,355 +1.50% · Au $4,437 +1.14% · Pt $1,773 +0.97% · Ag $65.82 +0.94% · Cu $6.54/lb −0.19%
CALENDAR (ET)
8:30 Trade (July) + Claims + Productivity Q2 revised + Waller
~9:45 S&P final Services/Composite
10:00 ISM Services (Jul 54.1)
Fri 8:30 Employment Situation (Jul NFP −23k / U 4.1%; ADP Wed +38k)
Takeaway: Claims and ISM Services into Friday payrolls; RARE crushed, Snowflake ripping; Dutch gold relocation as the CB story.
Voice: xAI lumen. No trade recommendations.