August 9, 2025 | Read Online​

Hey there, Tech Fizz here.

The market is pretty hot right now, so it's no surprise that the Figma IPO saw gains of over 200% within the first 24 hrs.

I tried to get my hands on 4 shares pre-IPO through Robinhood but I ended up getting only 1 share. Wtf? Apparently this IPO was 40x oversubscribed.

What we've got in this edition:

• New IPOs and Earnings Reports.
• Hinge Health: The Digital Health Platform.
• $12.5T in 401(k) funds now open to crypto.

IPO Radar

🎨 Figma ($FIG) IPO'd on July 31 and is up +144% as of Aug 7.

🚀 Firefly Aerospace ($FLY) IPO'd on Aug 7 and climbed +34% on same day.

🐂 Bullish ($BLSH) is planning to IPO on Aug 13 with a share price between $28-$31.

Earnings

• Palantir ($PLTR)
  • Beat revenue expectations by 6.67%
  • Beat EPS expectations by 14.29%
• AMD ($AMD)
  • Beat revenue expectations by 3.78%
  • Met EPS expectations
• Rocket Lab ($RKLB)
  • Beat revenue expectations by 7.61%
  • Missed EPS expectations by 44.44%

Economic Reports

💼 Jobs created increased by 73,000 in July, lower than the 110,000 expected. The numbers for May and June were revised down by nearly 260,000.
​

Market Impact: ↘️ Bearish

🚨 Student loan delinquencies surge to record highs. The share of seriously delinquent student debt reached 12.9% in Q2 2025, the highest level in 21 years of data.
​

Market Impact: ↘️ Bearish

📈 US productivity surges after weak start. Worker productivity rebounded 2.4% in Q2 2025, recovering from the previous quarter’s 1.8% decline.

Market Impact: ↗️ Bullish

📢 Stock in the Headlines: Hinge Health ($HNGE)

Reason for attention: Stock jumped 24.96% after the telehealth company’s first earnings report since going public.

Profile: Digital health platform. IPO'd on May 21, 2025. Market cap of $4.71B. Last closed at $60.35/share.

• Strengths:
  • Revenue increased 55% in the second quarter from $89.8 million during the same period last year.
  • Finished the second quarter with 2,359 clients, up 39% from 1,785 clients during the same period last year.
  • The stock opened at $39.25 in May, rising 23% from its $32 IPO price.

• Weaknesses:
  • Reported a net loss of $575.65 million, or $13.10 per share, compared to a loss of $12.93 million, a loss of 96 cents per share, during the same period a year earlier.

The Verdict: Strong positioning in terms of funding and value proposition; need to watch path to profitability and sustained growth for signs of weakness.

🗣️ Social Signals

Watcher.Guru @WatcherGuru BREAKING: 🇺🇸 President Trump officially signs executive order opening the $12.5 trillion 401(k) retirement market to crypto investments. 12:50 PM • Aug 7, 2025 5289 Retweets 34089 Likes Read 1337 replies

​

The "For" case: Alternative assets in 401(k) accounts will enhance investment diversification and could provide retirees with greater profits.

The "Against" case: These assets are less liquid, less transparent, and generally more risky than investing retirement funds into publicly traded stocks and bonds.

Are you in favor or against this new development? Let us know what you think by hitting reply!

😎 Vibe Check

Thoughts on this week's newsletter?

​ 🤑🤑🤑 Keep 'Em Coming, Big Boy ​

​
​ 🤑🤑 Not Great, Not Terrible ​

​
​ 🤑 Weak Sauce ​
​
​

If this newsletter was forwarded to you and you thought it was 🔥, you can subscribe here.

Follow us on Twitter (yeah, we ain't calling it X).

​

As always, thanks for reading and stay tuned for next week's edition!

Tech Fizz Team, signing off 🫡

DISCLAIMER: The content in this newsletter is not monetary advice; it is for educational and informational purposes only. Stocks can be risky and speculative. Please do your own research before investing.