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Kyle Reidhead offers his insight into Nvidia's (NVDA) $500 billion AI infrastructure funding push that involves six key financial firms. GPUs having a longer life than many expected is something he sees adding value to this push. It's not just Nvidia benefitting, either, with Kyle explaining how hyperscalers and energy companies can see substantial profits.
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Wayfair (W) is pulling back after nearly tapping 52-week highs just a few session prior. Kevin Horner of Charles Schwab still sees room for bulls to make a run in the stock. He explains why traders need to keep an eye on the $120 level as the stock battles to regain bullish momentum.
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"Optimism has returned to markets," says Tom White, though he believes it won't come without volatility. Constant conflicting headlines out of the Strait of Hormuz serve as a lingering headwind for equities and crude oil. Tom talks about some equity movers like Applied Materials (AMAT) as shares move lower after earnings. SanDisk (SNDK) is continuing its run higher following bullish comment from its investor day and raised price targets from analysts. Reddit's (RDDT) upcoming inclusion into the S&P 500 (SPX) helped shares rally Friday morning.
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Cerebras (CBRS) sold off after posting its second post-IPO earnings. SanDisk (SNDK) raises the bar for guidance. New acquisition talks surrounding Workday (WDAY) gave the stock its best day ever. Marley Kayden takes investors through the biggest tech movers of Thursday's session.
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Marley Kayden and Sam Vadas discuss July's flat wholesale inflation report and what it could mean for the Fed's path forward. They also break down major market movers, including Workday's (WDAY) surge on acquisition speculation, Lenovo's strong earnings-driven rally, and JD.com's (JD) decline despite an earnings beat. Investors are now focused on upcoming PCE inflation and retail sales data for the next clues on the economy.
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Ryan Gwillim, Executive Vice President and Chief Financial and Strategy Officer at Brunswick Corporation (BC), discusses the company's strong quarter. He highlights resilient consumer demand, growth in the company's high-margin parts and accessories business, and continued innovation in its market-leading propulsion segment. Gwillim also explains why strong wholesale orders prompted Brunswick to raise its full-year earnings outlook despite inflationary pressures.
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Tim Holland, CIO at Orion, examines the latest inflation data and what it means for the economy and markets. He highlights the strength of the U.S. consumer and labor market, while explaining how America's energy profile may help buffer the impact of geopolitical tensions and potential oil price spikes.
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Ryan Detrick, Chief Market Strategist at Carson Group, argues that the U.S. economy is stronger than many investors believe. He highlights resilient consumers, a healthy labor market, strong corporate earnings, and broad market participation while explaining why he expects the current bull market to continue despite concerns over housing, debt, and Fed policy.
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Always keep an eye on options even if you don't use them, says Kevin Davitt of Nasdaq. He turns to index data tied to straddles and volatility to help explain why bullish activity in options is vastly outweighing downside risks in the current market environment. That will change if inflation and jobs data becomes less benign in the coming weeks, argues Kevin. He also examines what he considers a key relationship between Nasdaq-100 (NDX) and S&P 500 (SPX) options volatility.
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Securitize (SECZ) CEO Carlos Domingo breaks down the company’s Q2 results, highlighting its $5 billion in assets under management and partnerships with leading firms including Apollo Global Management (APO), BlackRock (BLK), KKR & Co. (KKR), etc. He discusses the growing adoption of digital securities, the expansion of tokenized equity offerings, and what tokenization could mean for the future of financial markets.
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