Research

Ticker Move of the Day: PLTR +22.8% on blockbuster Q2 AI earnings

Support · 1 min read · Aug 04, 2026, 7:31 AM PT

Palantir Technologies surged approximately 22.8% at 10:30 AM ET on August 4 after reporting second-quarter results that crushed expectations, with 93% year-over-year revenue growth driven by enterprise AI software demand. The company raised its full-year revenue guidance to $8.16 billion and highlighted a Rule of 40 score of 155%, signaling strong profitability alongside growth. Management cited 'otherworldly' demand for its AI sovereignty platform, reflecting accelerating adoption among U.S. commercial and government customers. The move extends a three-day market rally fueled by improved Middle East sentiment and across-the-board earnings beats in the technology sector. Traders should monitor AMD and SpaceX earnings after the bell, as well as overall tech earnings momentum and any guidance commentary on AI infrastructure spending sustainability.

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Ticker Move of the Day: ATKR +26.1% on $3.8B Prysmian acquisition

Support · 1 min read · Aug 03, 2026, 7:31 AM PT

Atkore Inc. (ATKR) surged 26.1% in premarket trading Monday after announcing a definitive agreement to be acquired by Italian cable and infrastructure leader Prysmian S.p.A. in an all-cash transaction valued at approximately $3.8 billion enterprise value. The deal represents a significant premium for Atkore shareholders and signals strong strategic interest in the electrical conduit and cable management market. Prysmian's move to integrate Atkore expands its North American footprint and complements its existing infrastructure solutions portfolio. The acquisition is expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions. Today's move extends a broader positive tone in industrials and materials stocks, with the Dow near session highs as geopolitical relief from the Iran diplomatic breakthrough lifts risk appetite. Investors should monitor regulatory clearance timelines and any material developments during the deal approval process.

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Ticker Move of the Day: AMZN +14.64% on blowout Q2 earnings and strong AWS forecast

Support · 1 min read · Jul 31, 2026, 7:30 AM PT

Amazon (AMZN) surged 14.64% in early Friday trading after delivering second-quarter earnings that crushed expectations, with revenue of $197.4 billion and AWS revenue growth of approximately 31-33% driven by enterprise AI demand. The e-commerce and cloud leader's strong guidance signals confidence in sustained spending on artificial intelligence infrastructure and services, reversing earlier investor anxiety about Big Tech capex sustainability. The move extends a broader tech rebound sparked by Microsoft's 16% jump Thursday and Friday's explosive 18% surge in South Korea's KOSPI index after memory-chip leader SK Hynix hit daily limits. Apple, by contrast, tumbled 9.19% after issuing a disappointing fourth-quarter revenue outlook despite third-quarter earnings beats, highlighting a market bifurcation where profitable AI spenders are rewarded while cost-conscious hardware makers face headwinds. The divergence signals that investor focus has shifted from raw spending announcements to proven execution and near-term profitability from AI bets—critical context for tracking which mega-cap tech names will sustain momentum heading into Q3 earnings season.

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Ticker Move of the Day: LRCX +14.1% on record Q3 earnings beat

Support · 1 min read · Jul 30, 2026, 7:30 AM PT

Lam Research (LRCX), a leader in semiconductor manufacturing equipment, surged 14.1% in premarket trading Thursday after reporting record third-quarter revenue and earnings that substantially beat analyst expectations. The strong beat reflects sustained demand for chipmaking gear from both legacy foundry operators and AI-infrastructure builders capitalizing on accelerated neural-network training deployments. The gain extends a broader semiconductor recovery—after heavy losses Wednesday when investors fretted over excessive AI capex and geopolitical risks—as Lam's results signal that equipment makers remain a critical link in the AI buildout chain. Investors are watching whether other semis can replicate Lam's earnings momentum and whether elevated capex cycles for data-center chips can hold firm amid persistent recession and inflation concerns. The stock's recovery also follows disappointing results from SK Hynix and recent weakness across the chip sector tied to questions about whether hyperscaler AI spending is sustainable.

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Market Brief: Awaiting Clarity Amid Fed Decision, Iran Tensions, AI Earnings

Support · 1 min read · Jul 29, 2026, 7:30 AM PT

U.S. markets are sharply lower on Wednesday, July 29, as investors navigate renewed Middle East tensions, an imminent Federal Reserve rate decision, and anxiety ahead of major AI-intensive tech earnings from Microsoft and Meta after the bell. The S&P 500 is down 0.6%, the Nasdaq down 0.8%, and the Dow down 1.2% as geopolitical risk has lifted oil prices to $83+ and driven rotation away from tech. Semiconductor stocks remain under heavy pressure following Tuesday's SK Hynix profit disappointment and renewed concerns over AI infrastructure spending cycles. Traders are holding for today's Fed rate decision and tonight's earnings—any major move in MSFT or META could reset sentiment. Watch for volatility in index ETFs (SPY, QQQ) and any liquid blue-chip earnings winners as catalysts emerge post-market.

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Ticker Move of the Day: SHW +5.9% on Q2 earnings beat and raised full-year guidance

Support · 1 min read · Jul 28, 2026, 7:30 AM PT

Sherwin-Williams (SHW) surged approximately 5.9% in premarket trading Tuesday after the paint manufacturer posted second-quarter adjusted earnings of $3.70 per share, beating the FactSet consensus estimate of $3.52, on revenue of $6.79 billion versus the $6.6 billion forecast. The company also hiked its full-year earnings outlook, signaling confidence in sustained demand for architectural coatings and consumer paint products amid steady housing and renovation activity. The beat arrives as the broader market grapples with semiconductor weakness and profit-taking, but SHW's residential and commercial exposure suggests resilience in economically-sensitive demand. The move underscores that while megacap tech investors are reassessing valuation discipline, select industrial and consumer-discretionary names still deliver. Watch whether SHW can hold gains through the broader market session, particularly if the Fed's policy decision later this week shifts risk appetite.

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Ticker Move of the Day: INTC +3.6% on Q2 earnings beat and AI-fueled guidance

Support · 1 min read · Jul 24, 2026, 7:31 AM PT

Intel (INTC) surged approximately 3.6% in premarket trading Friday after posting second-quarter results and third-quarter guidance that exceeded Wall Street expectations, capitalizing on sustained demand from AI infrastructure buildouts. The chipmaker's better-than-expected earnings and forward outlook signal that despite the broader tech sector's recent jitters over megacap AI spending, server-chip demand remains robust—a key tell for investors reassessing which AI suppliers are actually profiting from the infrastructure race. The premarket pop reflects relief buying after the tech-heavy Nasdaq fell 2.15% on Thursday on AI spending concerns and oil-driven inflation fears. Traders are watching whether Intel can hold gains through the regular session as the market tries to stabilize; any weakness in the open could suggest that profit-taking and sector rotation toward non-tech beneficiaries continues. Next week's earnings from Microsoft, Meta, and Apple will test whether AI capex concerns persist or fade.

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Ticker Move of the Day: LMT +6% on Q2 earnings beat and raised 2026 guidance

Support · 1 min read · Jul 23, 2026, 7:31 AM PT

Lockheed Martin (LMT) surged approximately 6% in premarket and early trading Thursday after the defense giant reported second-quarter earnings of $7.94 per share, beating the $7.19 analyst consensus, on revenue of $20.06 billion versus the $19.34 billion forecast. The company also raised its full-year earnings guidance, signaling confidence in sustained defense demand. The beat arrives as geopolitical tensions in the Middle East and Europe drive elevated military procurement and capital spending, with the UK's new finance minister—a former defense secretary—signaling commitment to higher defense budgets. Traders are watching whether LMT can hold gains as broader tech weakness pressures the market, and whether other defense contractors follow suit in the earnings parade.

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Ticker Move of the Day: SMCI +5.8% as record AI server backlog fuels upside

Support · 1 min read · Jul 22, 2026, 7:31 AM PT

Supermicro Computer (SMCI) surged approximately 5.8% in trading Wednesday after reporting a record backlog for its AI server solutions, signaling sustained demand from hyperscalers building out large-language-model infrastructure. The result underscores that despite recent chip sector volatility, enterprise AI capex continues to accelerate, validating Supermicro's critical position in the server-supply chain race. Traders are watching whether SMCI can hold gains through the broader megacap earnings cascade—Alphabet and Tesla report after market close today, and their guidance on capex and AI ROI could reshape appetite for supporting hardware stocks. The S&P 500 and Nasdaq remain soft on oil-price jitters and tariff anxiety, but AI-infrastructure plays remain in focus.

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Ticker Move of the Day: NBIS +7.1% after Nvidia discloses 9.3% stake

Support · 1 min read · Jul 21, 2026, 7:32 AM PT

Nebius Group (NBIS) surged approximately 7.1% to $195.53 in premarket trading Tuesday after Nvidia disclosed a 9.3% ownership stake in the AI cloud provider through a Monday filing, comprising 22.26 million shares including warrants from its previously announced $2 billion investment. The stake validates Nebius' position as a key European AI infrastructure player competing with hyperscalers for the exploding AI workload market, with the company already securing $46 billion in customer commitments including major contracts with Microsoft and Meta. The Amsterdam-based firm, spun off from Russia's Yandex and now sporting a $49 billion market cap, raised $775 million in debt last week to accelerate its buildout toward 5 gigawatts of computing capacity by 2030. Traders are watching whether the Nvidia endorsement can sustain momentum after NBIS pulled back 39% from its June peak of $299.86, with analysts maintaining bullish ratings and Northland raising its target to $410. Broader markets rose with the S&P 500 up 0.6% as chip stocks recovered ahead of Big Tech earnings.

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Ticker Move of the Day: AMD +4.5% as Microsoft commits to Helios AI deployment

Support · 1 min read · Jul 20, 2026, 7:32 AM PT

Advanced Micro Devices (AMD) surged approximately 4.5% to $519 in premarket trading Monday after Microsoft announced it will deploy AMD's Helios rack-scale AI system across Azure data centers, marking the chipmaker's most competitive move against Nvidia yet. The Helios system, which integrates AMD's Instinct MI455X GPUs with 432GB of high-bandwidth memory and new Venice CPUs, will power frontier model inference for Microsoft and its AI customers starting later this year. The deal represents a major validation for AMD as it targets capturing 20-25% of the hundreds-of-billions data center GPU market currently dominated by Nvidia with over 95% share. AMD's Advancing AI conference on July 22-23 could announce additional hyperscaler wins, with Wall Street firms including UBS raising price targets to $700. The broader market showed mixed signals with futures pointing modestly higher as geopolitical tensions from fresh U.S. airstrikes on Iran kept oil elevated above $82.

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Ticker Move of the Day: BE -13.6% as short seller flags scandium supply chain risks

Support · 1 min read · Jul 17, 2026, 7:32 AM PT

Bloom Energy (BE) plunged approximately 13.6% to $205 in Thursday trading after persistent questions from short sellers about the fuel cell maker's dependence on Chinese-sourced scandium oxide, a critical input for its solid oxide systems. The selloff extends a week-long decline sparked by Hunterbrook Capital's July 8 report alleging the company downplayed China supply chain exposure despite CEO claims of diversified sourcing, with the firm warning BE's 5 gigawatt production target would require 220 tons of scandium annually against just 240 tons of global supply. While Bloom firmly rejected the allegations as 'false and misleading' and received a $1.7 billion project investment from Oaktree and IDF for AI data center deployments this week, traders remained skittish ahead of the July 28 earnings report where management must address supply chain concerns. The stock has now fallen over 40% from its June high of $351 as investors reassess whether the AI power infrastructure boom can offset material sourcing risks. Broader markets also weakened, with the Nasdaq dropping 1.6% as semiconductor stocks entered bear market territory.

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Ticker Move of the Day: ABT +12% after Q2 earnings beat and raised profit guidance

Support · 1 min read · Jul 16, 2026, 7:32 AM PT

Abbott Laboratories (ABT) surged approximately 12% to $100.01 in morning trading Thursday after the medical device giant reported second-quarter earnings that beat expectations and raised its full-year profit guidance. The company posted adjusted EPS of $1.31, topping the $1.28 consensus estimate, on revenue of $12.59 billion that exceeded the $12.52 billion forecast. Abbott raised its 2026 adjusted EPS outlook to $5.45-$5.60 from $5.38-$5.58, signaling confidence despite ongoing challenges in its nutrition business and diabetes device competition. The earnings beat and guidance raise come as investors search for healthcare winners amid broader market volatility, with Abbott's diversified portfolio spanning diagnostics, medical devices, and pharmaceuticals providing stability. Broader markets declined early Thursday as chip stocks fell despite strong TSMC earnings, with the S&P 500 futures down 0.2% and Nasdaq futures off 0.8% as concerns mount about AI infrastructure spending sustainability.

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Ticker Move of the Day: PYPL +19.8% after Stripe-Advent submit $53B takeover bid

Support · 1 min read · Jul 15, 2026, 7:31 AM PT

PayPal Holdings (PYPL) surged approximately 19.8% to $56.29 in premarket trading Wednesday after Reuters reported that payments startup Stripe and private equity firm Advent International jointly offered to acquire the digital payments giant for $60.50 per share, valuing the deal at over $53 billion. The bid, submitted earlier this month with roughly $50 billion in committed bank financing, represents a 28% premium to Tuesday's closing price and would see both acquirers taking equal 50% stakes without breaking up the company. The offer comes as PayPal has struggled to reignite growth amid intensifying competition in digital payments, with the stock down significantly from its $360 billion pandemic peak. PayPal's board is expected to meet as soon as July 20 to discuss the proposal, though the company hasn't yet responded to the offer. Markets broadly climbed on cooling inflation data, with the S&P 500 up 0.37% as softer PPI readings followed Tuesday's encouraging CPI report.

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Ticker Move of the Day: IBM -22% after rare Q2 warning as clients shift spend to AI hardware

Support · 1 min read · Jul 14, 2026, 7:31 AM PT

International Business Machines (IBM) plunged approximately 22% to $225 in early trading Tuesday, on track for its worst day since 1987's Black Monday, after CEO Arvind Krishna issued a rare preliminary Q2 warning showing revenue of $17.2 billion versus the $17.86 billion consensus. Krishna blamed a late-June shift as clients redirected capital spending from IBM's software and mainframes toward servers, storage, and memory chips to secure supply-constrained AI infrastructure ahead of expected price increases. The warning triggered a broader software selloff with Workday dropping 10%, Salesforce falling 6%, and consulting firms Accenture and Cognizant down 8% and 7% respectively, as traders feared similar budget pressures across enterprise tech. IBM's full earnings report on July 22 will reveal whether this was a one-quarter timing issue or signals lasting pressure on legacy software spending as companies prioritize AI hardware investments. Markets traded mixed with the S&P 500 down 0.2% and Nasdaq up 0.4% after June CPI came in cooler than expected at 3.5% annually.

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Ticker Move of the Day: SKHY -15.4% in Korea as profit-taking hits after record Nasdaq debut

Support · 1 min read · Jul 13, 2026, 7:32 AM PT

SK Hynix (SKHY) shares plunged a record 15.4% in Seoul Monday to 1,843,000 won, marking the stock's worst day ever as investors booked profits following Friday's blockbuster 13% Nasdaq debut that raised $26.5 billion in the largest-ever US listing by a foreign company. The selloff reflects both profit-taking and arbitrage trading between the newly created US ADRs trading at $168 and Korean shares, with analysts noting the ADR debut created a valuation gap exceeding 20% between the two listings. The AI memory leader, which controls 57% of the high-bandwidth memory market crucial for Nvidia's chips, saw its US-listed shares trade mixed in after-hours at $172.20, down 2.5% from regular session highs. Memory peers Micron fell approximately 5% in premarket as the entire sector faces questions about whether the AI-driven rally has become overstretched, despite SK Hynix management maintaining that memory demand remains structurally elevated through 2027. Broader US futures pointed lower with Nasdaq futures down nearly 1% as investors prepare for major bank earnings this week.

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Ticker Move of the Day: SKHY debuts at $149 in record $26.5B Nasdaq IPO as AI memory demand soars

Support · 1 min read · Jul 10, 2026, 7:32 AM PT

SK Hynix (SKHY) made history Friday with the largest-ever US listing by a foreign company, raising $26.5 billion as its American depositary shares began trading at $149 on the Nasdaq, eclipsing Alibaba's 2014 record. The South Korean memory chip giant, which controls 56% of the high-bandwidth memory market crucial for AI accelerators, saw its offering oversubscribed seven times as investors scrambled for exposure to the AI infrastructure boom. The company supplies critical HBM chips to Nvidia and other AI leaders, with memory prices surging up to 355% this year amid severe supply shortages expected to persist through 2028. SK Hynix plans to use proceeds to expand production capacity including its Yongin semiconductor cluster and a $4 billion US packaging plant in Indiana. Markets remained mixed with S&P 500 futures up 0.03% as chip stocks faced early pressure despite Thursday's AI-driven rally.

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Ticker Move of the Day: IONS -21.1% after AstraZeneca-partnered heart drug fails pivotal trial

Support · 1 min read · Jul 09, 2026, 7:31 AM PT

Ionis Pharmaceuticals (IONS) plunged approximately 21.1% in early trading Thursday after the company and partner AstraZeneca announced their heart disease drug Wainua (eplontersen) failed to meet its primary endpoint in the Phase 3 CARDIO-TTRansform trial. The drug showed no statistically significant reduction in cardiovascular mortality and recurrent events versus placebo in patients with transthyretin-mediated amyloid cardiomyopathy (ATTR-CM), a fatal heart condition that Wall Street had expected to be a major commercial opportunity. The failure caught analysts by surprise as success was largely expected, with Stifel noting the only question was how it would compare to Alnylam's already-marketed rival drug. AstraZeneca fell 8.7% on the news, while the broader market edged higher with S&P 500 futures up 0.2% as investors focused on SK Hynix's oversubscribed Nasdaq debut despite ongoing US-Iran tensions. Traders now await full trial data at the European Society of Cardiology Congress in August to assess whether any subgroups showed benefit.

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Ticker Move of the Day: USO +4.4% after Trump says Iran ceasefire 'over,' oil surges on supply fears

Support · 1 min read · Jul 08, 2026, 7:32 AM PT

United States Oil Fund (USO) surged approximately 4.4% to $108.92 after President Trump declared the US-Iran ceasefire effectively over, triggering a sharp rally in crude prices with Brent jumping 5.2% to $78.02 and WTI rising 4.9% to $73.89. The escalation followed overnight US strikes on Iran in retaliation for attacks on three commercial vessels in the Strait of Hormuz, with Trump threatening additional strikes tonight and revoking Iran's temporary oil sales authorization. Energy stocks broadly rallied, with refiners Valero (VLO) up 2.85% and Marathon Petroleum (MPC) gaining 2.3%, while the XLE energy sector ETF rose 3%. The renewed conflict raises immediate concerns about oil flows through the strategic waterway that handles 20% of global supplies. Traders are now pricing in a sustained risk premium, with analysts warning oil could remain elevated above $70-80 through year-end if tensions persist.

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Ticker Move of the Day: CRNX +98.8% after Vertex's $10B cash acquisition surprises biotech

Support · 1 min read · Jul 07, 2026, 7:32 AM PT

Crinetics Pharmaceuticals (CRNX) surged approximately 98.8% to $83.60 in premarket trading Tuesday after Vertex Pharmaceuticals announced it will acquire the endocrinology specialist for $85 per share in cash, valuing the deal at $10 billion. The acquisition price represents a 102% premium over Monday's $42.03 close, giving Crinetics a once-daily oral acromegaly drug PALSONIFY and Phase 3 candidate atumelnant with combined peak sales potential exceeding $5 billion. The all-cash transaction, expected to close in Q3 2026, marks Vertex's largest-ever acquisition as it diversifies beyond cystic fibrosis into rare endocrine diseases. Despite Monday's broader tech selloff with chips down over 5%, the biotech sector's M&A momentum appears robust, with the tight 1.7% merger spread suggesting high confidence in regulatory approval. Markets remain mixed with S&P futures down 0.2% as semiconductor weakness persists, though the VIX holds relatively calm near 15.88.

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Ticker Move of the Day: ALAB +10.5% after BofA raises target to Street-high $450 on AI infrastructure boom

Support · 1 min read · Jul 06, 2026, 7:32 AM PT

Astera Labs (ALAB) surged approximately 10.5% to $420 in early trading Monday after Bank of America raised its price target to a Street-high $450 from $240, maintaining its neutral rating while citing stronger confidence that artificial intelligence infrastructure spending could remain robust through 2028. The fabless semiconductor company, which supplies critical AI connectivity products for data centers, benefits from the firm's upgraded view that the industry's total addressable market will reach $2.7 trillion by 2030, supported by sustained investment in AI computing infrastructure. The move follows ALAB's recent addition to the Nasdaq-100 Index and strong Q1 results showing 93% year-over-year revenue growth to $308 million, with the company's signal-conditioning, fabric-switch, and connectivity portfolio gaining traction with hyperscale customers. BlackRock recently highlighted ALAB as one of its 30 most important AI stocks, with the firm holding a 6.68% stake, while Stifel also raised its target to $460 last month citing the Scorpio X-Series opportunity. The broader semiconductor sector rallied Monday after the holiday weekend, with the VanEck Semiconductor ETF (SMH) up 2.7%, as investors shook off recent AI valuation concerns.