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September 30, 2026
The Bond Market Just Sorted Your Stocks by Duration
The 10-year Treasury yield rose 0.85 percentage points in the third quarter, to 5.29 percent, tying for the second-largest quarterly climb since 1992. Equity returns that quarter split along a line closer to bond-proxy sensitivity than to sector labels.1,2,3
September 30, 2026
Robinhood Just Announced a Sixth Way to Trade. It Still Trades Like One Bet.
Robinhood used its Houston Summit to announce a six-asset-class lineup, most of it still to ship. The product surface got wider, but the two things that cap the stock at 40x forward earnings did not move.1,2
September 30, 2026
Micron Just Rose 6-Fold and Still Trades at Under Seven Times Next Year's Earnings
Micron closed fiscal 2026 with non-GAAP earnings up 811% and guided the December quarter above Wall Street's estimates on both revenue and earnings. At $1,065 the stock trades at about 6.7 times next year's consensus profit, a multiple the order book suggests is too low.1,4
September 29, 2026
How Leveraged ETFs Are Reshaping Markets This Year
ETF Action counted $193.85 billion in leveraged and inverse ETFs across 799 funds on September 27.1 In 2026 AMDL returned 402.7% on a 183.8% gain in AMD, while PLTU lost 23.1% on a 5.5% gain in Palantir.2
September 28, 2026
Nvidia Just Approved the Largest Buyback Ever
Nvidia authorized a record 150 billion dollar increase to its buyback, lifting the remaining pot to 235 billion.1 The stock rose about 2.7 percent, a real but restrained reaction that says the market read the program correctly, a confidence signal rather than a lever on the share price.2,3
September 27, 2026
The Two Data Center Stocks That Win Most Are the Two That Cost the Least
The market is scared of circular financing at the debt-funded layer of the AI buildout while the two names collecting the cash trade cheapest. Micron sits at 6.7 times forward earnings and Nvidia at 23.8 times, and both fund their own expansion.1
September 27, 2026
The Fed Is Hiking Again and Energy Is the One Sector Built to Win
Wall Street cut its oil forecasts and went underweight energy right before crude ran back to the mid-90s and the Fed restarted rate hikes. The data says the most crowded consensus trade of 2026 is positioned exactly backwards for the fourth quarter and into 2027.1,4
September 24, 2026
The AI Trade's Real Signal Is a Rental Rate, Not an Earnings Call
Nvidia's B200 is renting at a three-month high on one benchmark with vendor-reported utilization near 97%, while the oldest tier, the A100, is flat. That rental market reads the AI boom more directly than any capex deck, splitting the trade into a demand tier and a leveraged financing tier with opposite stories.1,4
September 22, 2026
Meta's Muse rewrites the narrative from an overspending ad company
Meta jumped more than 11 percent on September 21 to $741, its highest since October 2025, driven by Muse, a two-week-old AI agent, not the ad engine printing 98 percent of revenue, with Connect two days away.
September 22, 2026
The AI Trade Continues to Diverge Between Chips and Software
Semiconductors and software stopped moving together seven months ago, and this week proved it. SMH ripped 10.7 percent as the fear trade reversed while software barely twitched, and their return correlation now sits at about 0.07 against a five-year average of 0.67.1
September 22, 2026
The Market Thinks Sandisk's Earnings Are About to Collapse. The NAND Data Says Otherwise.
Sandisk has run 53x since its spinoff, yet it trades at 8.8 times next year's earnings. That is not the multiple of a bubble, it is the multiple of a stock the market has already convicted of a cyclical crash that the NAND spot tape says has not begun.1
September 20, 2026
Are consumer staples stocks flashing a recession signal?
Since 1980, money hiding in Coke, Colgate and cereal has beaten the market in all six recessions on record, once COVID-19 is correctly scored. That same crowd rotated into staples for a few weeks this spring, then bailed, and the alarm has gone quiet.13
September 16, 2026
The Chips-to-Software Rotation Is Only Half Real
The rotation from chips to software is part knee-jerk, part genuine shift, and the two legs resolve on different timelines.1 The chip stocks being sold grow faster than the software being bought and trade at only a modest premium to it.2
September 15, 2026
The AI-Attack Cycle Just Made the Cheapest Cybersecurity Stock the Best One
The market is buying the AI-attack story through the most expensive names in cybersecurity, and the math says that is backwards. A three-factor framework across seventeen US-listed cyber names ranks Fortinet first, CrowdStrike tenth and Cloudflare tied for last.1,2
September 11, 2026
The bull case for Apple stock under John Ternus
Apple made John Ternus chief executive on September 1 and unveiled the $1,999 iPhone Duo eight days later.1,2 The stock has beaten the S&P 500 by about 17 percentage points over the past year, and the bull case hinges on whether a 75.6% margin services engine can justify the richest forward multiple among the five most valuable US companies.3,4,5,6
September 9, 2026
These Stocks Already Won as Copper Hit All-Time Highs
Copper set records on both major exchanges today, and the three big listed copper names have returned between 60% and 112% over twelve months.1, 2, 23 All three now trade at or above consensus price targets, the cheapest on forward earnings is the most expensive on trailing, and every published balance still shows a global surplus.7, 18, 23, 24
September 8, 2026
Wall Street Left These 2 AI Drug Stocks for Dead Right as Their Science Started Working
Recursion trades 49 percent below its 52-week intraday high while the biotech ETF XBI returned 76 percent over the same twelve months, yet its platform produced its first clinical efficacy signal. Schrodinger raised guidance and grew bookings 27 percent while nobody watched.1,2,3
September 4, 2026
The Nvidia Bears Are Pricing the Wrong Generation of Silicon
The circular-financing worry on Nvidia is real and larger than its defenders concede. The rental-collapse claim bolted onto it has been overtaken: the H100 that thesis was written about now settles above the range it documented, and the parts carrying the fleet today rent at 1.6 to 2.3 times the H100.313
September 3, 2026
2 Data Center Stocks That Win Even If America Stops Building Them
Seventy-one percent of Americans oppose an AI data center in their area, and a separate August survey puts it at 75% after a 33-point swing in twelve months.1,2 Moratoria now run from Nevada to Indiana.3,4 Two names grow on compute demand without needing a permit in a hostile county.
September 1, 2026
S&P Estimates Half of Oracle's Backlog Sits With 1 Unnamed Customer.
CoreWeave drew 72% of June-quarter revenue from three unnamed customers, Nebius 59% from three, ServiceNow 13% from a federal reseller. Oracle and Palantir, none. S&P has cut Oracle to a notch above junk, estimating OpenAI at roughly half its $638 billion backlog.1,2,3,4,6,7
August 31, 2026
Marvell Beat, Raised, and Still Trades a Third Below Its Record High
Marvell beat on the quarter and on the guide and lifted its fiscal 2028 revenue outlook nine percent, and the shares still closed down 10.3 percent at 216.62 dollars, roughly a third below the record 329.88 set on June 18. The drawdown is not a discount, and the filing carries three things the coverage did not: a share count already up 7.6 percent, a Google warrant whose accounting Marvell has not disclosed, and 42 percent of revenue shipping to China.1, 2, 3
August 31, 2026
Korea's AI Trade Got Cheaper While It Got Better
South Korea's memory leaders trade near four times forward earnings after a drawdown that cut the KOSPI by nearly two fifths and flushed out the margin traders. Both companies posted all-time-record operating profits in the same quarter their shares halved, which is the disconnect the tape is missing.1,2,3
August 28, 2026
The latest US chip tariff did nothing to stop semiconductors from a massive bull run
A 25 percent duty on advanced computing chips took effect January 15, and the chip index has returned 53 percent since. That run belongs to a memory cycle, not to trade policy. The tariff risk that can still dent AI stocks is one line of customs code Commerce is late ruling on.
August 27, 2026
Nvidia just doubled revenue. This doesn’t look like an AI bubble bursting.
Nvidia posted $96.2 billion in Q2 revenue, up 106% year over year, and guided to $108 billion next quarter with zero China compute in the number.1 The stock has returned 15.3% over the past year while its earnings more than doubled, so the multiple compressed as the business accelerated.4
August 21, 2026
AI memory giants are signaling that they think their stocks are cheap
SK Hynix is buying back and cancelling about 40 trillion won of stock. Samsung disclosed today that it expects to return 90 to 110 trillion won for 2026 alone. Both trade at roughly a quarter of Nvidia's forward multiple.1,2,3
August 21, 2026
One Chart Explains Moderna's 177% Day, and It Is Not a Green Light
Moderna added roughly $44 billion in market value on August 19 on the first Phase 3 win for an mRNA cancer therapy, then handed back about $16 billion of it the next session. Two decades of biotech history say a pop this size is a probability bet, not a verdict, and the first month leans down.1,2
August 19, 2026
South Korean stocks trade at a 37% discount to US stocks while fueling the AI memory trade
Samsung and SK Hynix supply roughly four-fifths of the high-bandwidth memory Nvidia’s accelerators require. The catch is that the discount prices peak-cycle earnings after a 283% run that has already started to unwind.1,2,3,12
August 19, 2026
China Stocks Cost Half What American Stocks Cost
Measured by one index provider, on one methodology, on one date, MSCI China trades at 14.09 times trailing earnings against 27.11 times for MSCI USA, and at 10.97 times forward against 20.37 times. The discount is 48% trailing and 46% forward. The honest question is whether it is an opportunity or a trap.12
August 18, 2026
AI is fueling cybersecurity but the thematic ETF isn't the only way to play it
AI no longer just writes software, it now writes the attacks and breaks into companies, and information-security budgets are forecast to reach roughly 240 billion dollars in 2026.1 The cleanest expression is not the largest ETF or the crowded CrowdStrike trade, it is Fortinet at 28 percent of CrowdStrike's multiple.15
August 17, 2026
Wall Street Says Buy Utilities for AI. The ETF Is Selling You the Wrong 80 Percent.
The utility ETF everyone reaches for returned 4.7 percent last year while the tech it powers ran 42.9 percent. The four names XLU classifies as independent power producers are 12.4 percent of the fund. Vistra has a larger share of its nuclear fleet under twenty-year hyperscaler contract than any of them.1, 4
August 17, 2026
Palantir is booming but there’s a cheaper AI defense stock to bet on
The AI money is spilling into defense, and it is real. The mistake is thinking you have to pay 112 times forward earnings for Palantir to own it, when the primes at the center of the missile-defense restock trade at roughly a quarter of that multiple.1,2
August 14, 2026
SpaceX Crashed 49% Then Ripped 35% and the Whole Bull Case Quietly Changed
The stock the market bought at IPO was a bet on data centers in orbit. The stock trading today is an AI compute landlord whose largest contracts can be cancelled on 90 days' notice.1,6,7
August 14, 2026
2 Under-the-Radar Stocks Winning the AI Infrastructure Buildout
The flagship AI exchange-traded funds hold neither Western Digital nor Powell Industries, and the global industry classification standard files them as storage hardware and electrical equipment. Both are nonetheless levered directly to datacenter capital spending.25,30
August 13, 2026
AI Companies Keep Saying Demand Is Surging. The Compute Market does not fully agree.
Nvidia's data-center revenue rose 92% to $75.2B and CoreWeave's contracted backlog 246% to $104.2B. The spot market for renting a GPU is more equivocal, and that gap is where the risk lives.1,6,8
August 12, 2026
US Stocks Now Pay You Less Than Treasuries. Japan's Still Pay a Premium.
The S&P 500's trailing earnings yield sits 1.06 points below a ten-year Treasury; Japan's sits 1.97 points above its own. Most of the multiple gap is justified by returns on equity, and the Japan trade is crowded.1
August 11, 2026
TSMC Says AI Demand Is Speeding Up. So Why Did Memory Stocks Just Crash?
Micron, Western Digital and SK Hynix fell 10 to 35 percent in a month on fear the memory boom peaked. DDR5 spot hit a record in July, and TSMC raised capital spending by eight billion dollars.1,10,11,12
August 11, 2026
Market breadth is doing the opposite of what it did in the dot-com crash
The bears want you defensive, valuations frothy and 2000 rhyming. But the advance-decline line, which broke down two years before the dot-com top, hit a new high on the index's record-close session.1,2,3
August 10, 2026
2 Stocks for a Bull Market Where Only 4 Sectors Are Working
The S&P 500 closed August 7 at its highest level of 2026, and only four of the eleven sectors are beating it. Financials and utilities, the sectors the rotation narrative credits, rank eighth and ninth. The case for owning ConocoPhillips and Caterpillar rests on the inflation and rate regime rather than on recent price momentum.1
August 7, 2026
The Dow almost never beats the Nasdaq but 2026 could be the exception
Since 1992 the Dow has beaten the Nasdaq in only 11 of 34 years; in seven of those the Nasdaq fell outright. The two are dead even in August 2026, and history favors the Nasdaq unless the Fed breaks the growth trade.1
August 6, 2026
AI Has Split the Software Sector in Half
One software ETF now holds a stock up 111 percent this year and a stock down 51 percent, and the gap is not random. The eight names below survive AI disruption on two different paths, and three of them are cheaper than the market thinks.2
August 5, 2026
2 Biotech Buyout Bets With Better Odds Than the Sector ETF
Pharma struck 84 billion dollars of biotech acquisitions in the first quarter of 2026 alone, nearly double the prior year. The data points to Viking and Cytokinetics as the cleanest takeout setups, and the math favors them over the XBI index on expected return.1
August 5, 2026
The Cheapest Way To Own AI Is The Trade Everyone Just Sold
Hyperscalers jumped 15% in a single week while the chips that beat them all year sat still. Alphabet and Meta, the biggest buyers of AI compute, now trade at roughly half Broadcom’s forward multiple and less than a third of AMD’s.1,7
August 3, 2026
2 Dividend Stocks Are Set to Go Up Even if the AI Trade Goes Down
Single-stock volatility opened a record gap over the index in July, and a twelve-name basket of AI bellwethers now swings 74 percent a year against 13.6 percent for the S&P 500. Two Dividend Kings, Johnson & Johnson and Coca-Cola, go up on the exact days those names crack.1,3
July 31, 2026
The AI Trade Is Splitting Between Compute Owners and Borrowers
A 16 to 28 percent megacap drawdown has convinced the market the AI trade is over. The data says one half of the trade is breaking and the other half sells at market multiples.2
July 30, 2026
Wall Street Says AI Justifies the S&P 500. The Math Says You Are Barely Paid to Own It.
The S&P 500's cyclically adjusted multiple sits in the 99th percentile of 145 years of records, and US large-cap equity pays 0.32 percentage points over the 10-year Treasury on forecast earnings and minus 0.82 on realized earnings. The AI boom is real. What the cap-weighted index pays you for owning it is close to nothing.1,2,4
July 29, 2026
Congress Bet Biggest on the Stock Down 17.2% and Underfunded the One Up 188.5%
Forty-two lawmakers account for the 1,564 machine-readable stock purchases disclosed so far in 2026, and what they bought most looks nothing like what actually worked. Equal-weighted, their top ten beat the S&P 500 by ten points, and dollar-weighted the same ten trailed it by seven.1, 2, 3
July 28, 2026
Washington Wants a Piece of OpenAI and This Power Company Gets Paid Either Way
Sam Altman is back in Washington this week. Intel shows what a federal equity stake does to a shareholder: $1.8 billion of operating income became an $11 billion GAAP loss, and the charge grew because the stock went up. American Electric Power sells electricity rather than equity, which is a different exposure to Washington rather than none.
July 27, 2026
Jensen Huang Wants AI Models Free and Two Stocks Get Richer If He Wins.
Jensen Huang backed a letter to keep frontier AI models open in his first post on X. The pitch is self-interested, and the traded price of an H100 jumped 57% in a single month this spring.1
July 24, 2026
Google Is Priced Like a Balance Sheet Scare and Its $519 Billion Backlog Says Otherwise
Alphabet posted negative free cash flow of 5.9 billion dollars last quarter, its first cash burn as a public company, and the stock dropped after hours. The market priced a balance-sheet scare that the balance sheet does not support.1
July 23, 2026
Wall Street Is Watching the Wrong Bubble Signal
The Shiller CAPE just hit 41, a level exceeded in only 11 months of the past 155 years, every one of them logged at the top of the dot-com bubble. The tell is not the multiple and not fading breadth. It is a semiconductor complex whose realized volatility now runs almost five times the broad market.1
July 22, 2026
The Market Is Chasing Nvidia’s 4-Month-Old Bet on Nebius
Nebius jumped on a filing that disclosed a stake Nvidia has held since March, not a fresh vote of confidence. At 61 times trailing sales the stock prices near-perfect execution, while a bigger, cheaper rival has lost roughly a third of its value in three months.1
July 21, 2026
The 2 weakest months for stocks are coming with the Fed still weighing a rate hike
August and September are the only two months since 1990 that lose money for the S&P 500, and the historical playbook says buy the weakness because Q4 rebounds 94% of the time. The 2026 setup breaks the script, because a hawkish Warsh Fed is pricing a real September rate hike into one of the most expensive markets in four decades.1,4,5
July 21, 2026
This Is What Happened the Last 8 Times Semiconductor Stocks Sold Off Like This
Chip stocks are down roughly 19% from their June peak while profits grow at a 77% clip. Every time this split appeared over 16 years, the next 12 months were positive.6
July 20, 2026
Micron is down 30% while the price of what it sells just hit a record high
Micron fell 30% from its June high while the memory it sells kept climbing, with benchmark DDR5 16Gb spot up more than 960% since January 2025. The bears calling a cyclical top are fighting a commodity tape that has not turned.1
July 20, 2026
The bull case for Berkshire Hathaway as an unloved AI beneficiary
Wall Street treats Berkshire Hathaway as a low-beta bond proxy that missed the AI trade. The evidence says the opposite, with a tripled Alphabet stake, another $10 billion added in June, and roughly 11,000 megawatts of contracted data-center power.1,5,8
July 17, 2026
Wall Street piled into 5 AI power stocks while ignoring these 2 names with more upside
The famous AI-power names carry 16 to 34 analysts each, and the crowd already owns them. Argan and Powell build the actual plants and switchgear the buildout needs, sit on net cash, and get covered by five and four analysts.1
July 16, 2026
2 Financial Companies Win if Wall Street Goes All In on Tokenization
BlackRock, Goldman, JPMorgan, and the DTCC are moving stocks and Treasurys onto blockchains this quarter. The evidence favors the tokenization rails over the token issuer, and the two names that benefit most are Coinbase and Robinhood.1 12
July 15, 2026
The cheapest AI chip stocks keep getting cheaper
GPU rental prices and server-memory spot prices accelerated through the first half of 2026. The demand leaders trade at the group's lowest forward multiples because earnings ran even faster than the stocks.1
July 15, 2026
IBM Fell 25% and Wall Street Called It the AI Software Apocalypse
IBM lost a quarter of its value in one session after a preliminary Q2 print missed consensus by roughly 660 million dollars. The tape read it as AI gutting software budgets; IBM's letter describes a late-June capex scramble and slipped deals, not vanished demand.1
July 15, 2026
These 2 AI Cloud Stocks Look Set to Double by 2027
CoreWeave sits 48% below the 52-week high it printed last October while its backlog nearly quadrupled. Nebius is compounding revenue at triple digits with up to $46 billion in contracted commitments, and the small-cap rotation is paying the buildout.1,2
July 13, 2026
Trump's 3 top stock picks beat the S&P 500 by 30 points
The president's three largest diversified positions, Alphabet, Apple and Nvidia, returned 58% since inauguration against the S&P 500's 28%. The copy-trade still fails: his largest holding fell 78.7% and the key trades surfaced more than a year late.1,9
July 9, 2026
Memory Stocks Entered a Bear Market the Same Week DRAM Prices Hit a Record High
Micron, SK Hynix and Samsung are down 23 to 29 percent from their highs while DRAM and NAND spot prices print fresh all-time records. The selloff is a valuation reset colliding with one of the most crowded trades on Wall Street, and the two do not agree on where memory goes next.1
July 9, 2026
SK Hynix Rose 712% in a Year. The Market Is Still Pricing It Like the Boom Ends Tomorrow.
SK Hynix trades at 6.9 times forward earnings after a 712% run because consensus profits have exploded alongside the stock. The July 10 Nasdaq debut unlocks US passive money and quietly strips the EWY Korea ETF of its role as the default way in.1,2
July 7, 2026
South Korea still looks like the top Emerging Market trade even after a record rally
A momentum-and-quality analytical framework across 21 single-country emerging market ETFs plus two broad EM benchmarks (EEM, VWO), 23 funds in total, ranks South Korea (EWY) first by a wide margin, with Taiwan (EWT) and Greece (GREK) as the two runner-ups.1 The data says the AI-memory supercycle and Korea's corporate-governance reset are the highest-conviction EM setup into year-end 2026, not a diversified basket.
July 7, 2026
2 Small-Caps Built to Keep Winning After the Russell 2000's Record First Half
The Russell 2000's 21.9% first half more than doubled the S&P 500, and Goldman expects the rally to fade to low-single-digit returns.128 PROG Holdings and Nutex Health throw off cash the index cannot match, fuel to keep climbing after the tide goes out.
July 6, 2026
CoreWeave Stock Looks Set to Rally as the GPU Rental Market Booms
CoreWeave just booked its strongest quarter ever, with revenue up 112% and a $99.4 billion backlog, yet the stock sits roughly 50% below its 52-week high.1,9 The B200 rental rate that drives its revenue more than doubled off its March low by early May, despite reports of June softening.6
July 6, 2026
The Market Punished the Wrong Data Center Stocks. These 2 Keep Winning.
Local opposition blocked or delayed at least 75 data center projects worth roughly $130 billion in the first quarter of 2026 alone, and the market took its anger out on the power generators tied to specific contested sites. The picks-and-shovels that sell into every buildout regardless of location barely flinched, and two of them look built to keep outrunning the crowd.2,3
July 2, 2026
The Market Sold CoreWeave and Nebius the Day Meta Became Their Biggest Customer
CoreWeave fell 12.0 percent and Nebius fell 13.7 percent on July 1 after Meta signaled it will resell excess AI capacity, yet both companies just signed Meta as a multibillion-dollar tenant. The market sold the competitor headline and ignored that the customer relationship came first.1
July 1, 2026
Congress bought more Microsoft than any other stock this year and it's underperformed badly
Microsoft drew more disclosed Congressional purchases in 2026 than any other stock, and from more members than any other stock. It is also down 23% on the year, the worst performer of every name lawmakers bought most.1,2
June 30, 2026
Fade the Magnificent 7 as a Group Because Only One Still Stands Out as a Buy
The Magnificent Seven trail the S&P 500 and its equal-weight cousin by double digits this year, and the crowd has decided the AI trade is over. Run the numbers and one name stands out far enough that the basket built to own them taxes conviction.1
June 30, 2026
2 stocks built to win the rotation from AI to defensives
Money is fleeing the AI trade into staples and healthcare, and two names stand out. AbbVie and Johnson & Johnson are low-beta compounders growing even if the economy and AI build-out stall.1
June 29, 2026
Micron gets rich on the AI boom, but these 2 small-caps are set to reap the rewards.
Server DRAM spot prices are up 236% in seven months.1 The cash flows to Micron, but two overlooked suppliers collect a toll on the same wave without its 9x run.3
June 29, 2026
Equal-Weight S&P 500 Just Had Its Best Week Since 2020 But History Says Don't Chase It
The average S&P 500 stock beat the index by the widest weekly margin in nearly six years, and the call is the great rotation has begun. But 23 years of data say they are a coin flip over the next year.1
June 27, 2026
Wall Street is turning even more bullish on Micron and it still looks cheap
Micron is up 854% and trades at $1,215, yet freshly raised bank targets average $1,584. The debate over whether the run is over misses the point. The stock gets cheaper on forward earnings every quarter it beats.1,5
June 26, 2026
Apple's price hikes do not change its hardware moat
The stock fell roughly 6 percent on demand-destruction fears. But a memory-chip shock is forcing makers to raise prices, and Apple has 2.5 billion locked-in devices and a 75 percent services margin to absorb it.1
June 25, 2026
High-bandwidth memory pricing is a better signal for Micron stock than compute data
Micron's stock and the compute-price tape look joined at the hip until you measure the link properly. Then the daily spot data turns into noise, and the real driver hides in plain sight.1
June 25, 2026
Alphabet Just Joined the Dow. History Says That Adds Nothing to the Stock.
Joining the Dow Jones Industrial Average has handed the median new member a 7.4-point loss versus the S&P 500 over the next 12 months. Alphabet's upside is real, but it comes from a 462-billion-dollar cloud backlog, not from a price-weighted index almost no passive money tracks.1
June 24, 2026
2 Dow Stocks That Go Up When the AI Trade Goes Down
The Nasdaq-100 shed hundreds of billions of dollars today as the AI trade cracked. Travelers and Walmart both finished higher, and they have been compounding at 24 and 34 percent a year while doing it.1
June 24, 2026
Micron Earnings Could Deflate the Korea AI Trade That Doubled This Year
EWY fell 9.6% on June 23 as the KOSPI logged its biggest-ever point drop, and headlines blamed a tax on unrealized gains that isn't government policy. The real story is that EWY is a 45% bet on two memory-chip stocks heading into the AI trade's most important earnings print.1
June 24, 2026
Alphabet Just Joined the Dow. History Says That Adds Nothing to the Stock.
Joining the Dow Jones Industrial Average has handed the median new member a 7.4-point loss versus the S&P 500 over the next 12 months. Alphabet's upside is real, but it comes from a 462-billion-dollar cloud backlog, not from a price-weighted index almost no passive money tracks.1
June 23, 2026
Google is now cheaper than Apple with nearly double the growth
Alphabet fell 5.1% on June 22 as two AI stars walked out the door and the market panicked over a capex bill heading toward $190 billion.1 The cloud backlog that funds the spend is now $462 billion,2 yet at 24.5x forward earnings it trades below Apple while growing nearly twice as fast.5
June 21, 2026
The Bank of Korea Is About to Test the Hottest Trade in Global AI
South Korea's memory giants ran up triple digits on the AI build-out, yet they still trade near six times forward earnings. The risk that ends the run is a Bank of Korea rate hike that turns the weak won from a magnet for foreign money into a headwind.1,3
June 17, 2026
Buy these 2 toll booth stocks to hedge against the US government taking a stake in AI
A government stake in AI lands on private labs like OpenAI and Anthropic, not on the public chip layer they all depend on. The two cleanest ways to own the trade are Broadcom and TSMC, the toll booths every lab pays no matter who sits on its cap table.1
June 16, 2026
SpaceX Cleared Every Wall Street Target and 83% of Locked Stock Unlocks Before December
SpaceX traded near $213, above the highest named Wall Street target of $190 and at roughly 3.4 times Morningstar's $63 fair value, on an initial public float near 5% of shares. The same rally that minted the gain set up the early-release clause that can free insider stock starting with the first earnings report.1
June 16, 2026
Nvidia and Google Are Borrowing Billions for AI and the Market Doesn't Care
Nvidia is selling its first investment-grade bonds since 2021 and Alphabet has tapped global debt markets for roughly $70 billion since April 2025. The AI trade is not breaking, but the cash that funds it is no longer keeping pace, and that is the variable nobody is pricing.1
June 15, 2026
GPU rental prices look like a leading indicator for Dell and Arm stock
The Ornn H100 rental price index moves Dell and Arm three weeks before the stocks move, a forward signal that holds at the 1 percent significance level. The same index has no predictive grip on Nvidia, the company that makes the chips.1
June 15, 2026
SpaceX just went public and Tesla lost its Monopoly on the Elon trade
SpaceX began trading June 12 at 94.5 times sales, roughly six times Tesla's multiple, which hands narrative-hungry capital a purer Musk vehicle. Tesla now trades on robotaxi execution rather than scarcity, and that is the better deal.1,2
June 12, 2026
Oracle's $638 Billion Backlog Couldn't Convince Investors to Look Past Its Debt Pile.
Oracle is down 46% from its September peak, the deepest drawdown among the five biggest software names. The selloff is not about software sentiment. It is about a balance sheet funding a 90 billion dollar build with debt while free cash flow runs 24 billion dollars negative.1,2
June 12, 2026
CoreWeave stock ignored a 59% surge in GPU rental prices
GPU rental rates on CoreWeave's core fleet jumped roughly 59% over six months while the stock crawled up just 9%. The market is pricing CoreWeave on its balance sheet, not the rental economics that drive its revenue.4
June 12, 2026
The SpaceX IPO is a $75 Billion Cash Vacuum and 2 Brokers Win Either Way
The largest IPO ever pulls roughly $75 billion out of investor balances this week, and more than $100 billion of retail orders has to come from somewhere. The flow drains the crowded longs and pays a toll to the brokers that route the orders.1
June 12, 2026
The SpaceX IPO Picks Winners. It Does Not Fuel Every Space Stock.
SpaceX prices its IPO at a $135 share price and a $1.75 trillion base valuation, rising to about $1.77 trillion if the pending spectrum and Cursor deals close.2 That single comparable resets every space-sector model and favors long the cheap, profitable comp IRDM over a fade of the dream multiple at ASTS.3
June 11, 2026
Nvidia's stock is tracking the price of renting its own chips: Ornn data
Nvidia trades at roughly 23x next-twelve-month earnings while the rental price of an H100 has climbed 64% in six months. Compute scarcity, not narrative, is driving the fundamentals.2,4
June 10, 2026
Wall Street says new stocks sink in year one. SpaceX was built to break the rule.
Ron Baron just put in a $1 billion order for an IPO he says will compound for decades, and the data backs his nerve more than the skeptics admit. Large, infrastructure-grade, category-defining listings do not follow the weak-first-year script that haunts the average IPO.
June 9, 2026
Marvell joins the S&P 500 but the index won't determine where the stock goes next
Marvell joins the S&P 500 before the open on June 22, 2026, alongside Flex, displacing Pool Corp and Campbell's. The certification is real and the passive bid is real, yet neither holds a $261 billion stock trading at 73 times forward earnings.1,5
June 8, 2026
Micron is up 700% on a real memory shortage. Is it still a buy?
Micron has run 715% in twelve months while the Nvidia chips it feeds rose 47%, and the bull case rests on a real multi-year shortage.1 The problem is the price, where an 8x forward multiple on peak earnings is the signature of a cycle top, not a bargain.2
June 5, 2026
These 2 Cybersecurity CEOs Are Buying Their Own Stock While Everyone Else Sells
Wall Street spent early 2026 betting AI would gut cybersecurity software. Across the universe only four names saw any open-market insider buying, only two of them, Palo Alto Networks and Varonis, also cleared the quantitative composite, and the data says they are right.12
June 5, 2026
2 Stocks That Win and 2 That Lose Depending If Broadcom's AI Warning Is Real
Broadcom posted record revenue, beat the $2.40 adjusted EPS consensus, and reaffirmed more than $100 billion in AI chip sales by 2027, yet the stock lost more than $320 billion in market value in a single day. The reaction sorts the AI complex into two names that crack if this is a real warning and two names the data favors on weakness.1
June 3, 2026
Jensen Huang calling Marvell a future trillion-dollar company extended its rally too far
Jensen Huang calling Marvell a future trillion-dollar company lit a roughly 24% rally to about $272, and the fundamentals behind it are real. The problem is the math, because at this price the stock carries about +18% upside against -54% downside over the next twelve months.123
June 3, 2026
Berkshire Hathaway is piling into Alphabet to capture AI upside
Greg Abel used a $10 billion private placement, bought below Monday's close, to make Alphabet a top-seven Berkshire holding.1 The buy says more about Berkshire's stalled portfolio than about Google's price.
June 3, 2026
How stocks react when Jensen Huang talks about them compared to when Nvidia takes stakes in them
Nvidia's CEO is treated as a one-man buy rating, and the day-one pop is real for a few hours. Nine months of his public mentions show the trade fades fast, and the names that held were the ones Nvidia actually bought.1
June 2, 2026
These 2 stocks win as traders price a Fed rate hike
Kalshi traders now price zero rate cuts in 2026 at roughly two-in-three odds, and a hike before 2028 at 74 cents on the dollar.1 The cleanest way to own that regime is not the index, it is two brokers whose earnings rise with short rates.
June 2, 2026
The S&P 500 is narrowing out and these 2 mega-cap stocks are absorbing all the capital
The S&P 500 closed at a record on Friday while only 25 of its 503 members hit fresh 52-week highs. When the tape gets this narrow the index becomes a leveraged bet on a handful of AI-infrastructure leaders, and two names stand out.
June 1, 2026
Micron at 9x peak earnings looks cheap but Wall Street doesn't think it lasts
Micron is up 903% in twelve months and 136% in three months on the HBM shortage. The stock now trades at 9.6x consensus peak fiscal-2027 EPS of $101.58 and 14.1x the trough fiscal-2029 EPS of $68.87.1,4
June 1, 2026
Dell just booked $24 billion in AI orders. 2 other stocks win.
Dell's AI server backlog hit $51.3 billion and management told the Street its only real limit now is parts.1 Two names supply the power, cooling, and switching inside those racks.2
May 28, 2026
SpaceX hype has juiced Rocket Lab and AST SpaceMobile multiples even as insiders dump shares
RKLB at $143.20 trades 19.3% above Wall Street's highest published target while ASTS at $119.70 sits just 3% below its ceiling, as the SpaceX IPO approaches its June 12 listing. The same anchor investors who built these companies have already cashed out $745 million in six months, and the public-market comp framing is about to invert.12
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