Crude broke $95 on ceasefire anxiety, new Nvidia chips sparked a double-digit cloud rally, and now we're staring at Wednesday's Broadcom earnings like a season finale
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Morning brief: Oil spiked on weekend airstrikes, Dell overpowered the macro dread, and somehow Robinhood is catching an AI bid while we hold our breath for Broadcom
Dell's blowout AI earnings ignited a massive tech rally, driving U.S. futures higher despite rising oil prices from weekend U.S. military strikes in Iran. ServiceNow surged 14% after unveiling its Otto AI assistant at Knowledge 2026, paired with a massive $4.2 billion buyback and a Bank of America upgrade. Robinhood jumped over 11% following multiple Wall Street price target hikes driven by the beta launch of its new AI-powered agentic trading platform. Microsoft rallied 5.4% as Bill Ackman revealed a new stake and reports teased a new in-house AI coding model debuting at tomorrow's Build conference. Watch Broadcom into Wednesday's close; surging Dell server demand sets a sky-high bar for AVGO earnings in this greed-driven, AI-hungry market environment.
Posture: Bullish on AI but holding steady in a Greed-driven (59) market. Avoiding FOMO and halting the overtrading of our core structural winners.
Tickers in focus: DELL, HOOD, AVGO
Upcoming earnings
Evening brief: Crude broke $95 on ceasefire anxiety, new Nvidia chips sparked a double-digit cloud rally, and now we're staring at Wednesday's Broadcom earnings like a season finale
US-Iran ceasefire jitters spiked crude past $95, but Nvidia's new Vera Rubin chips lifted tech, keeping the S&P 500 near record highs. Nebius Group exploded 14% after a shocking Q1 profit swing and news that an elite AI fund built a $2.6 billion stake. CoreWeave soared 14% after becoming the first cloud provider to validate and deploy Nvidia's next-generation Vera Rubin NVL72 architecture. SK Telecom rocketed 19% after completing its full buyout of SK Broadband, streamlining operations and sparking a massive relief rally alongside an HSBC upgrade. Broadcom reports earnings Wednesday, where their forward guidance will dictate whether this aggressive, Nvidia-fueled semiconductor rally has enough momentum to push higher.
Posture: Maintaining aggressive AI exposure but defensive against FOMO. Halting portfolio churn to let winners compound ahead of AVGO earnings.
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.