Geopolitics got chill, oil dropped hard, and our tech plays launched the S&P to new heights
← Monday, August 3, 2026 · Wednesday, August 5, 2026 → · August 2026 archive · Archive
Morning brief: Oil tension eased, and our AI cloud infrastructure plays flexed hard, with AMD now in the earnings spotlight
Published
Tech Rallies as Falling Oil Lifts Markets
Easing U.S.-Iran tensions and lower oil prices sparked a broad market rebound, propelling tech giants and AI infrastructure stocks sharply higher.
CoreWeave Jumps 19.5% on Upbeat Analyst Notes
CoreWeave surged 19.49% following a bullish initiation from Piper Sandler and strong cloud capex signals from hyperscaler earnings reports.
AAOI Soars 16.9% on Milestone 800G Shipments
Applied Optoelectronics jumped 16.85% after confirming initial volume 800G hyperscale shipments and projecting full-year revenue above $1 billion.
Oracle Rallies 9.2% on Expanding Cloud Deals
Oracle jumped 9.22% following an expanded Google Cloud partnership, a reported $7 billion Defense Department contract, and broad AI cloud buying.
AMD Earnings to Test Chip Rally Momentum
Traders are watching AMD's impending earnings report for crucial validation on AI chip demand and hardware capex momentum into late 2026.
Posture: With Fear & Greed at 51 (Neutral) and oil easing, we maintain a balanced posture targeting undervalued AI leaders.
Tickers in focus: ORCL, AAOI, AMD
Upcoming earnings
Evening brief: Geopolitics got chill, oil dropped hard, and our tech plays launched the S&P to new heights
Published
S&P 500 Hits Record on Easing Geopolitics
Plunging oil prices and strong tech earnings lifted equity markets, pushing the S&P 500 to a fresh all-time record close today.
Palantir Surges 29.5% on Explosive Q2
Palantir jumped 29.45% following blowout Q2 earnings driven by 149% U.S. commercial growth and a massive full-year guidance raise.
AAOI Rockets 19.4% on Chinese Module Ban
AAOI spiked 19.44% after reports surfaced that proposed U.S. bans on Chinese optical components could redirect massive data center demand locally.
Snap Leaps 14.9% After Q2 Revenue Beat
Snap rallied 14.88% as second-quarter revenue grew 19% and adjusted EBITDA skyrocketed 505% on rebounding ad conversions and subscriber growth.
SNDK Earnings Test Memory Trade Tomorrow
Watch SanDisk's earnings after tomorrow's close to see if surging flash memory demand can sustain the semiconductor rally.
Posture: With Greed at 58 and all-time market highs, we adopt a cautiously aggressive stance, adding top cybersecurity, semiconductor, and networking leaders.
Tickers in focus: SPY, PLTR, SNAP
Upcoming earnings
The day's lineup changes
No lineup changes this day.
← Monday, August 3, 2026 · Wednesday, August 5, 2026 → · August 2026 archive · Archive