Big investors are buying this “unlisted” stock
When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs who backed Uber, Venmo, and eBay also invested in Pacaso.
Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.
And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.
Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
OpenAI's Latest Milestones
OpenAI has launched GPT-5, its most advanced AI model, significantly enhancing capabilities across problem-solving, coding, and general accuracy. Available to all ChatGPT users, GPT-5 introduces features like customizable AI personalities and an automated "real time router" for task selection. The model also demonstrates a notable reduction in factual errors, or "hallucinations," and integrates with productivity tools such as Gmail and Google Calendar for premium subscribers.
This technological leap coincides with substantial financial growth for OpenAI. The company's annualized revenue has doubled to an impressive $12 billion in the first seven months of 2025, driven by strong demand for its ChatGPT products. User engagement has also surged, with weekly active users reaching approximately 700 million. Amidst increasing competition, OpenAI's release of GPT-5 and its continued financial performance underscore its leading position in the evolving AI landscape.
Housing Inventory Surges
The U.S. housing market is experiencing a notable surge in active inventory. Realtor.com reports a 22.8% year-over-year increase, pushing the total number of homes for sale to approximately 1.1 million—the highest level since late 2019. This marks the 91st consecutive week of annual inventory gains, indicating properties are remaining on the market for extended periods. Concurrently, Altos Research data shows active single-family inventory has risen 38.6% from its January seasonal low, exceeding typical seasonal increases for the year.
Despite this substantial increase in available homes, new listings have seen slower growth, with Realtor.com noting only a 1.5% rise year-over-year. The median list price has remained largely flat, showing minimal year-over-year growth. This combination of surging inventory and subdued sales activity has pushed the months-of-supply to its highest point since 2016, consequently exerting downward pressure on house prices across many regions.
The United States has imposed new tariffs on Swiss gold imports, a move expected to significantly disrupt the global bullion market.
JPMorgan Chase & Co. has revised its forecast, now anticipating the Federal Reserve's first interest rate cut to occur in September, earlier than its previous December projection.
SoundHound AI stock surged 20.15% in premarket trading after the company reported record quarterly results that exceeded analyst expectations.
Carvana's CEO and VP sold over 12 million in company stock post-Q2 earnings, coinciding with Amazon's expansion into the used car market.
Crocs shares slumped nearly 30% following a sales warning attributed to tariffs, cautious US consumers, and the potential decline of the "ugly shoe" trend.
The government has unveiled a $90 billion investment package for AI and energy sectors, with a strategic focus on establishing Pennsylvania as a national AI hub.
Bitcoin's Recovery: Bullish Patterns Amidst Cautionary Signals
Bitcoin's recent price action presents a complex picture, attempting a rebound from last week's decline. While technical analysis suggests a potential for significant upside, on-chain data and market sentiment indicators from major exchanges like Binance signal underlying fragilities and the risk of a short-term correction.
Technically, Bitcoin is forming a bullish flag pattern, consolidating since its late July peak. Key support at $113,154, reinforced by an upward trendline and the 50-day Simple Moving Average, has held firm. A decisive breakout above $117,350 could propel Bitcoin towards targets exceeding $123,000, with some analysts projecting much higher values for 2025 if this consolidation acts as a launchpad, as detailed in this Bitcoin Price Prediction.
However, caution is advised. Data from CryptoQuant indicates a decline in Bitcoin's leverage ratio on Binance, suggesting reduced speculative behavior but also potentially weak demand from spot buyers. Concurrently, increasing optimism among Binance traders, marked by a surge in long positions, has led analysts like BorisVest to warn that such "excessive optimism" often precedes price corrections. This fragile market structure risks a liquidation cascade.
The confluence of these mixed signals creates uncertainty. While a drop below $110,000 might be necessary for a market rebalance and present new re-entry points, the current bullish technical setup remains compelling. Traders are closely monitoring the $117,350 resistance and the $113,150 support levels to gauge the immediate direction of Bitcoin's price.
Ethereum's Surging Momentum and Future Prospects
The Ethereum network is experiencing unprecedented activity, with daily transactions reaching a record average of 1.74 million. This surge is significantly bolstered by a recent SEC clarification stating that certain liquid staking activities are not classified as securities, which reduces regulatory uncertainty and encourages broader institutional participation. Concurrently, over 36 million ETH, representing approximately 30% of the total supply, is now locked in staking contracts, reflecting growing investor confidence.
Corporate treasuries are increasingly adding Ethereum to their holdings, collectively amassing $11.77 billion worth of the cryptocurrency. Ethereum co-founder Vitalik Buterin supports this trend for its financial flexibility but cautions against excessive leverage, drawing parallels to the Terra project's collapse. Despite these warnings, ETH has demonstrated robust performance, rallying 163% from its April low to trade near $3,909, narrowing its performance gap with Bitcoin and Solana.
Looking ahead, analysts anticipate further price appreciation for Ethereum. While some market experts suggest hedge funds have been actively suppressing ETH's price below the $4,000 mark to profit from options trading, a decisive breakthrough above this level would signal a strong bullish trend. Potential future catalysts include a proposed executive order by President Trump, which could allow cryptocurrency investments in 401(k) plans, potentially opening up a substantial $12.5 trillion retirement market to digital assets.
Hong Kong's IVD Medical Holdings invested $19 million in Ether to power its real-world asset tokenization platform, ivd.xyz, as part of a partnership with HashKey Group.
Animoca Brands and Standard Chartered's Hong Kong division, alongside Hong Kong Telecom, formed Anchorpoint, a stablecoin joint venture aiming for a Hong Kong license under new regulations.
Binance partnered with Spain's BBVA to enhance customer asset protection by holding funds in U.S. Treasuries, a move following FTX's collapse.
World Liberty Financial launched a multi-exchange rewards program linked to USD1, aiming to boost crypto adoption and competition, as announced on X on August 7th.
The US is shifting its crypto regulatory strategy from a potential ban to tailored rules, with the SEC's "Project Crypto" aiming for clearer token registration paths.
Bitcoin is seeing increased mainstream adoption in the US, including President Trump's plan to allow crypto in 401(k)s, contrasting with stricter EU regulatory proposals.
