Yields finally took a breather, and Marvell’s Google AI partnership lit up our screens, ending the slump
← Tuesday, August 18, 2026 · Thursday, August 20, 2026 → · August 2026 archive · Archive
Morning brief: Oil hit 90, yields marched higher, and our AI darlings felt the gravity of a classic tech rout
Published
Tech Selloff Deepens as Oil Hits $90
Wall Street futures edge lower following a global tech rout, elevated crude prices, and surging Treasury yields ahead of Fed minutes.
AAOI Drops 15.16% in Optics Rout
Applied Optoelectronics tumbled 15.16% as high-valuation AI optical networking suppliers took a heavy hit in broad semiconductor pullbacks.
Coherent Falls 12.75% Amid AI Pullback
Coherent sank 12.75% as profit-taking swept optical transceiver makers and semiconductor hardware stocks ahead of upcoming tech earnings.
CoreWeave Slumps 12.10% on Tech Stress
CoreWeave dropped 12.10% as rising bond yields and valuation concerns pressured high-growth AI cloud infrastructure providers.
Watch FOMC Minutes and WMT Earnings Next
Traders await today's Fed July minutes for rate path signals, while Walmart's earnings tomorrow morning will test retail resilience.
Posture: With Fear & Greed at 54 (Neutral) amidst tech pullbacks and surging yields, we adopt a Neutral, cautious posture building selective cash.
Tickers in focus: QQQ, SMH
Upcoming earnings
Evening brief: Yields finally took a breather, and Marvell’s Google AI partnership lit up our screens, ending the slump
Published
Treasury Buybacks Ease Yield Pressure
Stocks snapped a three-day losing streak as doubled Treasury buybacks lowered yields, counterbalancing hawkish July Fed minutes.
Marvell Surges 9.9% on Google Deal
Marvell jumped 9.85% after securing an expanded custom AI silicon partnership with Google, including issuing up to $12B in performance warrants.
Agnico Eagle Soars 11.1% on Gold Rally
Agnico Eagle surged 11.12% as gold prices rallied toward $4,510/oz following a softening U.S. dollar and easing Treasury yields.
Nebius Drops 9.9% on Convertible Debt
Nebius Group fell 9.87% after announcing a $4.5B convertible senior notes offering, triggering immediate equity dilution concerns.
Walmart Q2 Earnings Lead Tomorrow's Slate
Focus turns to Walmart reporting earnings before tomorrow's open for critical signals on consumer spending health and margin durability.
Posture: Greed at 56 and lower yields foster a cautiously optimistic posture, balancing AI momentum with consumer caution ahead of earnings.
Tickers in focus: MRVL, SPY
Upcoming earnings
The day's lineup changes
- Aug 19, 2026 · SIMO — Stage change Holding → Buy Zone @ $243
The +18% spike we refused to chase fully reversed — down 11% from where we benched it, now below our entry with 34% to value while MonTitan ramps. This is the entry we were waiting for. - Aug 19, 2026 · MU — Stage change Holding → Buy Zone @ $937
We benched it at 15% to value; the model just raised our value to $1,212 and the price fell below our entry — that is a 29% gap on an 80-score CORE name. The discount we would not chase came back to us.
← Tuesday, August 18, 2026 · Thursday, August 20, 2026 → · August 2026 archive · Archive