To The Moon

This week, both $Intel(INTC)$ and $Advanced Micro Devices(AMD)$ surged, stealing the spotlight from the previously hot memory sector. Although SK Hynix delivered very strong earnings, SanDisk in the memory sector declined yesterday. Why has CPU replaced memory as the new favorite? Agentic AI workloads (task scheduling, state management, I/O control) are overwhelming GPUs alone — CPUs are now critical infrastructure again, not just supporting hardware. Over the past two years, the market has been used to a single chain: capex up → GPU orders up → HBM up → advanced packaging up. In this chain, CPUs were just a supporting role — “one extra chip bundled in the server,” and were given low valuation weight. M

Yesterday, $Advanced Micro Devices(AMD)$ surged 7%, finally reaching the much-anticipated $300 level. $Alphabet(GOOG)$ also rose 2% to $337, while $NVIDIA(NVDA)$ held strong, closing above $200. As the broader market rebounds, the AI theme is flourishing across the board — but some are starting to question NVIDIA’s leadership position. AMD breaks $300: will AMD be the next NVIDIA? Why Is the Market Re-rating AMD? CPU is back in focus. In the era of Agentic AI, task scheduling, state management, and I/O control flows are making CPUs central to the data center again, no longer just a supporting role for GPUs. At the same time, AMD’s Instinct GPUs can continue to ab

Big tech earnings are around the corner! Let’s see how institutions focus on this earnings season!Citi: S&P 500 Q1 earnings growth is expected at +13.1% YoY, with the tech sector taking the lead.Tech earnings growth forecast: +45%, highest across all sectorsPositive surprise probability: 90%, leading the second place (consumer staples at 70%) by 20 percentage pointsOverall Q1 beat rate: 62%, the second-highest quarter since 2022Three key themes wall street is betting on: will earnings season validate them?📌 AI Cloud ( $Microsoft(MSFT)$ / $Alphabet(GOOG)$ )Citi:Azure Q3 expected at +39% cc, 1pp above company guidance . FY27 expected at 41% vs consensus 37%Google Cloud +57.5% vs consensus +46.8% (11pp g

On Monday, $Apple(AAPL)$ officially announced that Tim Cook will step down as CEO effective September 1 this year and transition to the role of Executive Chairman. His successor will be John Ternus, Apple’s current Senior Vice President of Hardware Engineering. This is Apple’s first CEO transition since 2011, and the timing—right before earnings season—makes it especially intriguing. Cook’s 15 Years: 2322% Gain in Apple On August 24, 2011, just six weeks before Steve Jobs passed away, Cook took over the CEO role. At the time, Apple’s market cap was under $400 billion. There was no Apple Watch, no AirPods, no Vision Pro, and no services business as a major growth engine. Fifteen years later, Apple’s market cap has surpassed $4 trillion. Its stock h

With $NASDAQ(.IXIC)$ extending to an 11-day winning streak and $S&P 500(.SPX)$ breaking above 7,000 for the first time, the U.S. market has entered the most critical validation window after a V-shaped rebound — Big Tech earnings season. Six of “Magnificent Seven” will report in late April. The market’s focus next week is on the hardest-to-price name: $Tesla Motors(TSLA)$ . Wall Street Is More Bullish Than Ever on This Earnings Season This time, Wall Street is genuinely bullish, not just politely optimistic. Deutsche Bank expects S&P 500 Q1 EPS growth of 19%, the fastest in four years, marking the sixth consecutive quarter of double-digit growth. Even mo

The SEC has formally abolished the Pattern Day Trading (PDT) rule that had been in place for two decades. $Robinhood(HOOD)$ jumps 10% on the news! This is not just the disappearance of a number — it is the fifth major historic “opening of the floodgates” moment in the U.S. stock market over the past 50 years. But behind this newly opened door lies a question: is it gold, or a trap? For the past twenty years, U.S. retail investors were divided into two classes: Account > $25,000: You were free, with unlimited intraday trading. Account < $25,000: You were labeled as a “PDT” trader, allowed only 4 round trips within 5 days, and violations could result in account restrictions. Now, that wealth barrier has been shattered. The SEC no longer looks

On Tuesday, $S&P 500(.SPX)$ rose another 1.18%, and the Nasdaq surged 1.95%. $NASDAQ(.IXIC)$ has now logged 10 consecutive gains, marking its longest winning streak since November 2021!A Historic Rally — Is This Time Really Different?As of Tuesday’s close, the S&P 500 stood at 6,967.38, less than 0.2% away from its record closing high of 6,978 on January 27. The Nasdaq has risen for 10 straight sessions, matching its longest streak since November 2021.Looking only at the index may underestimate the quality of this rally — what matters more is the breadth of the advance:NYSE advancers vs decliners reached 2.62:1, with 363 stocks hitting 52-week highsBoth tech and financial sectors rose over 1.7% o

$Goldman Sachs(GS)$ just smashed a Wall Street record, yet the stock fell. $Morgan Stanley(MS)$ $Citigroup(C)$ $Bank of America(BAC)$ $JPMorgan Chase(JPM)$ We are officially in a "Beat and Fade" market. Everyone is looking through the windshield, not the rearview mirror. With $Taiwan Semiconductor Manufacturing(TSM)$ , $Netflix(NFLX)$ , and the big banks on deck, this week will reprice the rest of 2026. 1. Goldman paradox: record high but fell Goldman didn't just beat; they obliterated expectations: Equi

$Lumentum(LITE)$ surged 8% this week, is up +143% YTD. $COHERENT(COHR)$ added +19% this week and continues to build momentum. J.P. Morgan just raised LITE's target from $565 → $950. COHR from $245 → $300. Both: Overweight. Why optical is back in the spotlight this week? JPM, Goldman, the OFC data: The AI infrastructure buildout is accelerating, not slowing. CPO and OCS are no longer 2028 stories — they're 2H 2026 revenue. The market is still pricing these companies like boring legacy optical hardware companies. That's the mispricing. Memory started repricing six months ago. Optical is repricing now. Memory prices just confirmed the AI hardware supercycle is real. Samsung reported Q1 earnings that demolish

While the broader market held its ground, the software sector didn't just leak—it hemorrhaged. $Palantir Technologies Inc.(PLTR)$ , $Salesforce.com(CRM)$ and $AppLovin Corporation(APP)$ all tumbled in a move that signals a massive shift in market structure.What’s happening?OpenAI & Anthropic threats software againTwo major announcements acted as the "last straw" for investors yesterday:OpenAI’s Revenue Pivot: CRO Diane Drexel revealed that enterprise business now accounts for over 40% of OpenAI’s revenue, on track to match consumer revenue by year-end. With Codex hitting 3 million weekly active users, the message is clear: the AI giants are eating the lunch of