Before the Bell – Thursday, September 3

For generations, farmers have relied on bigger equipment and chemical inputs to improve productivity.

Greenfield Robotics is building a new category of agricultural equipment: autonomous robots designed to help farmers manage weeds with precision.

But the bigger opportunity may be the platform itself. It raises a bigger question: if robots can autonomously manage weeds, what other farm tasks could they eventually take on?

Greenfield is already expanding the platform beyond weeding, with feeding, spraying, and cover-crop planting on the roadmap.

The vision: a new generation of farm equipment that can perform more work autonomously—potentially reducing dependence on chemical inputs and the rising costs associated with conventional farming.

Investors can own a stake in Greenfield Robotics through its Regulation A+ offering. Currently in Testing the Waters. Join the waitlist.

Join Thousands of Investors

^{Greenfield Robotics is Testing The Waters under tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind. “Reserving” shares is simply an indication of interest. There is no binding commitment for investors that reserve shares in this manner to ultimately invest and purchase the shares reserved of the company, or to purchase any shares of the company whatsoever.}

Good morning. Wednesday snapped the three-day losing streak, and one of the year's biggest AI earnings reports landed right after the close. Today's calendar is lighter, but it's setting up for Friday's big one: the official August jobs report.

Here's where Wednesday finished:

All three indexes bounced back after three straight down days. The relief came mostly from bonds: the 10-year Treasury yield, which had been climbing all week and touched 4.818% Wednesday (a level not seen since late 2023), paused its run higher, and stocks got some breathing room. The Fed's Beige Book, its own written read on the economy across all 12 districts, described growth as "modest" over the past two months, with demand from AI data centers called out as a specific driver, and an outlook it called "positive," though sentiment varied by sector given energy prices and geopolitics. On the softer side, ADP's private-payrolls report showed employers added just 38,000 jobs in August, below the 47,000 expected and the slowest pace since January.

Beginner note: a bounce after three red days doesn't undo them, it just means the selling paused. The more useful question over the next few sessions is whether the market can build on Wednesday's gain, or whether this was just a one-day pause inside a rougher stretch.

$AVGO ( ▼ 2.75% ) designs chips that power AI data centers, networking equipment, and smartphones, one of the biggest suppliers picking up the AI buildout. It reported fiscal third-quarter results right after Wednesday's close: revenue of $29.6 billion, up 86% from a year ago and above the roughly $29.4 billion analysts expected, adjusted earnings of $3.32 a share versus the $3.24 expected, and AI chip revenue alone more than tripled to $16.7 billion. But its guidance for the current quarter, $34.8 billion, came in a bit below the roughly $35 billion analysts wanted, and that's what's driving the muted early reaction rather than the beat itself.

Why it's worth watching: this is the earnings-beat catalyst from Day 51, with an important wrinkle. A clean beat on the quarter that just ended doesn't guarantee a stock pops, what the market actually prices is the outlook for the quarter ahead. Watch how AVGO actually opens and trades today: a real beat with soft guidance often produces a much smaller move, or even a decline, compared to a beat with guidance that's raised too.

Educational content only. Not financial advice. Past performance does not predict future results. Read the full financial disclosure.