Oil slid on peace talks, Micron casually joined the trillion-dollar club, and tomorrow Marvell decides if we're allowed to keep buying semiconductors
← Monday, May 25, 2026 · Wednesday, May 27, 2026 → · Archive
Morning brief: Oil is tanking on peace talks, futures are cruising to record highs, and we're just watching Lisa Su drop ten billion to keep the chip wars interesting
S&P futures are surging toward record highs as oil tanks 5% after Trump signaled that U.S.-Iran peace talks are progressing nicely. SPOT is ripping 6% higher after an explosive Investor Day, flexing a groundbreaking AI music deal with Universal and targeting one billion subscribers. USAR popped 4% on news the Department of Energy tapped it for a $19.3M grant, accelerating its mission to domesticate rare-earth processing. AMD is up 4% as CEO Lisa Su hits Taiwan for Computex, dropping a $10B investment in advanced packaging to chase Nvidia. Watch MRVL tomorrow. They report earnings after the bell, and Wall Street is jacking up price targets betting on monster custom AI chip demand.
Posture: Building cash and maintaining discipline. With the market greedy, we avoid FOMO and let our core AI winners ride without interference.
Tickers in focus: AMD, SPY, USO
Upcoming earnings
Evening brief: Oil slid on peace talks, Micron casually joined the trillion-dollar club, and tomorrow Marvell decides if we're allowed to keep buying semiconductors
Tech led the charge as the Nasdaq rallied 1.8%, fueled by U.S.-Iran peace talk optimism and sliding oil prices dragging Treasury yields lower. Micron went ballistic, soaring 19% to a $1 trillion valuation after UBS tripled its target to $1,625 on durable AI memory supply agreements. AMD rallied nearly 8% to a new record high on news its next-gen 2nm EPYC Venice server chips just entered volume production at TSMC. USA Rare Earth spiked 9.6% after locking down a $19.3 million Department of Energy grant to scale its domestic critical minerals pilot project. Marvell reports earnings tomorrow after the bell, so watch if their numbers validate the explosive AI demand currently supercharging the broader semiconductor complex.
Posture: Building cash. Liquidating broken energy hedges and avoiding FOMO in a hot tech market to build cash for post-earnings AI hardware setups.
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.
← Monday, May 25, 2026 · Wednesday, May 27, 2026 → · Archive