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Marley Kayden talks about oil prices moving lower as investors pulled back due to the Middle East conflict and the potential deal reported. Sam Vadas highlights reported retail earnings proving how resilient consumers are.
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Bill Magnuson, CEO of Braze (BRZE), says the company saw revenue grow 30%, fueled by accelerated bookings. Bill says brands are investing heavily in customers as Braze pushes full velocity on AI driven engagement.
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Elor Kahalany believes AI investments are moving from the hyperscalers to bottlenecks. Just turn to Micron's (MU) rally driven by memory demand as an example. He points out how investors can find bottlenecks in the AI trade and highlights stocks he believes have room to run, from Mag 7 names like Alphabet (GOOGL) to beaten down software stocks like ServiceNow (NOW). Elor raises eyebrows when he points to Hims & Hers (HIMS) as an unsung AI company.
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Joseph Haag highlights the NBFC ETF as a diversified alternative as credit spreads tighten and uncertainty rises. He points to its flexible approach and income potential, alongside the Strategic Income Fund (NSTLX) and Short Duration Income ETF (NBSD), which is gaining traction for managing duration risk. The strategy aims to deliver stable income with improved risk-adjusted returns versus traditional high yield.
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Crypto markets are in risk-off mode as Bitcoin and Ethereum hit six-week lows and outflows pick up, including from BlackRock’s iShares Bitcoin Trust (IBIT). Adam Lynch points to geopolitical uncertainty but sees upside if U.S. regulation advances. For now, Bitcoin must reclaim $80,000 to shift momentum, with IPO activity and institutional flows still on hold.
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Melissa Otto looks ahead to Dell Technologies' (DELL) earnings after Thursday's close as the company hits record highs. She says we're expecting a decent trajectory around numbers, but how the company will guide the second quarter is critical. Melissa also discusses the key factors to look for in Dell's report.
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Dan Ives returns to the Watch List to add color on his ultra bullish tech takes. His firm has a $280 price target on Snowflake (SNOW), as Dan sees the company's data potential as a massive moat. He maintains his view that Palantir (PLTR) will be a $1 trillion company and expects Salesforce's (CRM) Agentforce platform to benefit the company long-term. On the Mag 7, Dan says Alphabet (GOOGL) is leading the charge for ROI versus CapEx, with Amazon (AMZN) and Microsoft (MSFT) not far behind. He thinks Meta Platforms (META) needs more clarity for investors.
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Art Levy breaks down how AI is reshaping business spending. He says when you look at the data, companies aren't just buying AI infrastructure, they're buying what sits between them and the LLMs. Art also covers the two fastest growing vendors called Xoul AI and Open Router, and what purchasing behavior tells us about AI.
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Costco (COST) enters earnings facing a valuation test, with its P/E above 50 raising the bar for investors. LikeFolio's Landon Swan highlights strong membership trends but notes signs of consumer strain and increased “trading down.” Despite solid digital growth, COST must prove demand can justify its premium, especially after Walmart (WMT) weakness pressured shares.
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Dan Romanoff and Steve Koenig look at Salesforce (CRM) higher after beating earnings. Dan says while software is performing well, there's not a catalyst that shakes Salesforce out of its lane in the software trade. Steve notes there's work to do to get investors convinced there will be an AI opportunity within Salesforce.
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