Mideast peace talks calmed oil, and our AI cloud infrastructure picks caught a big updraft

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Morning brief: Cloud giants are flexing their AI muscle for us, but Reddit's user traffic concerns weighed heavy

Cloud Profits Surge as AI Spending Rises: Strong mega-cap cloud results and massive AI capex are powering market optimism as broader sentiment holds neutral. Amazon Soars 15.3% on AWS Acceleration: Amazon jumped 15.32% after Q2 revenue topped $200B and AWS growth accelerated to 37% on surging enterprise AI demand. Reddit Drops 21.0% on User Traffic Concerns: Reddit plunged 20.99% as fears over volatile search traffic and slowing U.S. user growth overshadowed strong Q2 results. Eaton Surges 7.3% on Power Demand Beat: Eaton jumped 7.32% after posting record Q2 revenue of $8.53B and raising full-year guidance on robust data center demand. Power and Clean Tech Earnings Up Next: Watch upcoming earnings from Constellation Energy, Celsius, and Vistra this week to see if AI power demand sustains momentum.

Cloud Profits Surge as AI Spending Rises

Strong mega-cap cloud results and massive AI capex are powering market optimism as broader sentiment holds neutral.

Amazon Soars 15.3% on AWS Acceleration

Amazon jumped 15.32% after Q2 revenue topped $200B and AWS growth accelerated to 37% on surging enterprise AI demand.

Reddit Drops 21.0% on User Traffic Concerns

Reddit plunged 20.99% as fears over volatile search traffic and slowing U.S. user growth overshadowed strong Q2 results.

Eaton Surges 7.3% on Power Demand Beat

Eaton jumped 7.32% after posting record Q2 revenue of $8.53B and raising full-year guidance on robust data center demand.

Power and Clean Tech Earnings Up Next

Watch upcoming earnings from Constellation Energy, Celsius, and Vistra this week to see if AI power demand sustains momentum.

Posture: With Fear & Greed at 45 (Neutral) and cloud/AI capex surging, we maintain a balanced posture, selectively buying quality tech dipped names.

Tickers in focus: AMZN, RDDT, ETN

Upcoming earnings

  • AAOI — 2026-08-06, After Market Close
  • CART — 2026-08-06, After Market Close
  • CEG — 2026-08-06, Before Market Open
  • CELH — 2026-08-06, Before Market Open
  • HWM — 2026-08-06, Before Market Open
  • OKLO — 2026-08-07, Before Market Open

Evening brief: Mideast peace talks calmed oil, and our AI cloud infrastructure picks caught a big updraft

Iran Peace Talks Trigger Broad Rally: U.S. stocks surged as Middle East strike cancellations drove oil down 5%, sparking a broad rally led by technology. CoreWeave Rips 19.5% on AI Demand: CoreWeave surged 19.49% following analyst upgrades highlighting strong AI cloud infrastructure demand and a new defense partnership with Leidos. AAOI Jumps 16.9% on 800G AI Shipments: Applied Optoelectronics surged 16.85% after confirming initial volume shipments of its 800G optical transceivers to major hyperscale AI data centers. Oracle Soars 9.2% on Cloud Partnership: Oracle jumped 9.22% as an expanded AI partnership with Google Cloud and a $638 billion cloud backlog bolstered investor confidence. Watch Earnings Barrage and Job Data Next: Traders turn attention to key watchlist earnings from CEG, CELH, and AAOI on Thursday alongside upcoming labor market indicators.

Iran Peace Talks Trigger Broad Rally

U.S. stocks surged as Middle East strike cancellations drove oil down 5%, sparking a broad rally led by technology.

CoreWeave Rips 19.5% on AI Demand

CoreWeave surged 19.49% following analyst upgrades highlighting strong AI cloud infrastructure demand and a new defense partnership with Leidos.

AAOI Jumps 16.9% on 800G AI Shipments

Applied Optoelectronics surged 16.85% after confirming initial volume shipments of its 800G optical transceivers to major hyperscale AI data centers.

Oracle Soars 9.2% on Cloud Partnership

Oracle jumped 9.22% as an expanded AI partnership with Google Cloud and a $638 billion cloud backlog bolstered investor confidence.

Watch Earnings Barrage and Job Data Next

Traders turn attention to key watchlist earnings from CEG, CELH, and AAOI on Thursday alongside upcoming labor market indicators.

Posture: With Fear & Greed neutral at 46 and easing oil prices driving tech gains, we adopt a balanced stance to accumulate high-quality growth leaders.

Tickers in focus: AAOI, ORCL, QQQ

Upcoming earnings

  • AAOI — 2026-08-06, After Market Close
  • CART — 2026-08-06, After Market Close
  • CEG — 2026-08-06, Before Market Open
  • CELH — 2026-08-06, Before Market Open
  • HWM — 2026-08-06, Before Market Open
  • OKLO — 2026-08-07, Before Market Open

The day's moves on the ledger

Every entry below is public and permanent. "Human call" means the desk decided; "Robot call" means the nightly model did.

  • Aug 3, 2026 · SHOP — Added by the desk @ $117 · Human call
    Joins the opening Boyz slate.
  • Aug 3, 2026 · SIMO — Added by the desk · Human call
    Joins the Gainz Lab AI web — the SSD controller layer of the memory boom.

← Sunday, August 2, 2026 · Tuesday, August 4, 2026 → · Archive