Inflation whispers sweet nothings, yet our high-flying AI chips are bracing for export headwinds

Morning brief: CPI had us feeling good about tech, yet IBM's software warning put some of our cloud plays on ice

Published Jul 15, 2026, 8:02 AM EDT

Cool CPI Data Lifts Tech Futures

June's cooler-than-expected inflation print has tech futures climbing this morning as traders confidently price in steady Fed rates.

MSTR Jumps 5.95% on Strategic Pivot

MicroStrategy surged 5.95% after pausing Bitcoin buys to build a cash reserve and launching a global crypto banking index.

ServiceNow Dumps 5.76% on IBM Shockwave

Shares sank 5.76% after IBM's brutal software warning triggered widespread sector panic over delayed enterprise AI monetization timelines.

Micron Pops 4.92% on Memory Demand

The memory giant rallied 4.92% as insatiable demand for AI chips and a massive factory expansion overshadowed oversupply fears.

Netflix Earnings Will Test Consumer Demand

Watch Netflix closely after the bell tomorrow; its subscriber data will prove if the consumer discretionary trade still has legs.

Posture: Maintaining a neutral stance due to a Fear reading of 44, balancing cooling CPI optimism against IBM-triggered enterprise software panic.

Tickers in focus: QQQ, NOW, IBM

Upcoming earnings

• NFLX — 2026-07-16, After Market Close
• GOOGL — 2026-07-22, After Market Close
• NOW — 2026-07-22, After Market Close
• AMD — 2026-08-04, After Market Close
• UBER — 2026-08-04, Before Market Open
• CELH — 2026-08-05, Before Market Open

Evening brief: Inflation whispers sweet nothings, yet our high-flying AI chips are bracing for export headwinds

Published Jul 15, 2026, 8:02 PM EDT

Inflation Cools as AI Chip Stocks Slide

Wholesale inflation cooled, lifting broader indexes, but semiconductors slumped on U.S. export restriction fears and Warren Buffett's AI gambling warning.

Cerebras Dives 9.71% on Insider Selling

CBRS faded heavily as recent SEC filings revealed massive open-market stock sales from the chief operating and technology officers.

Micron Tumbles 8.02% on Export Fears

Shares dumped amid reports of potential U.S. export restrictions on memory products and a broader tech rotation out of high-flying AI chip names.

FuboTV Surges 7.65% on CEO Change

FUBO spiked as the market cheered the appointment of former Disney+ president Alisa Bowen as the new chief executive to drive profitability.

Netflix Earnings on Deck for Tomorrow

NFLX reports tomorrow after the close; watch for new subscriber growth metrics and pricing power updates to set the tone for tech earnings.

Posture: Neutral stance. Cooling inflation lifts broad markets, but export fears favor rotating from volatile AI chips into diversified, high-quality names.

Tickers in focus: CBRS, MU

Upcoming earnings

• NFLX — 2026-07-16, After Market Close
• GOOGL — 2026-07-22, After Market Close
• NOW — 2026-07-22, After Market Close
• UBER — 2026-08-04, Before Market Open
• CELH — 2026-08-05, Before Market Open
• TTWO — 2026-08-07, TBD

The day's lineup changes

• Jul 15, 2026 · BE — unpinned @ $243
  Unpinned — back under AI management
• Jul 15, 2026 · CBRS — unpinned @ $204
  Unpinned — back under AI management
• Jul 15, 2026 · UBER — unpinned @ $72.08
  Unpinned — back under AI management
• Jul 15, 2026 · TTWO — unpinned @ $237
  Unpinned — back under AI management
• Jul 15, 2026 · NOW — unpinned @ $105
  Unpinned — back under AI management
• Jul 15, 2026 · NFLX — unpinned @ $73.53
  Unpinned — back under AI management
• Jul 15, 2026 · MSFT — unpinned @ $385
  Unpinned — back under AI management
• Jul 15, 2026 · HOOD — unpinned @ $113
  Unpinned — back under AI management
• Jul 15, 2026 · CELH — unpinned @ $30.14
  Unpinned — back under AI management
• Jul 15, 2026 · AVGO — unpinned @ $389
  Unpinned — back under AI management
• Jul 15, 2026 · AMD — unpinned @ $548
  Unpinned — back under AI management
• Jul 15, 2026 · AMD — pinned @ $548
  Pinned by the human — AI cannot remove it
• Jul 15, 2026 · AMD — unpinned @ $548
  Unpinned — back under AI management
• Jul 15, 2026 · AMD — pinned @ $548
  Pinned by the human — AI cannot remove it
• Jul 15, 2026 · AMD — unpinned @ $548
  Unpinned — back under AI management