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
Published
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
Evening brief: Mideast peace talks calmed oil, and our AI cloud infrastructure picks caught a big updraft
Published
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
The day's lineup changes
No lineup changes this day.
← Sunday, August 2, 2026 · Tuesday, August 4, 2026 → · August 2026 archive · Archive