$GME 0.43 Noisy

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• @amitisinvesting neutral 1640 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Today was a green day. The Nasdaq jumped 2.26% to a record close of 27,122.09, while the S&P 500 gained 1.49% to 7,764.70, finishing just 0.4% below its all-time high. The rally was fueled by a powerful AI and semiconductor rebound, with $AMD topping a $1T market cap for the first time, $INTC climbing roughly 12%, $ARM surging about 17%, and Meta jumping around 11% after bullish analyst commentary and strong early traction for $META Muse. Falling oil prices and easing Treasury yields also supported risk assets. The S&P 500 added roughly $1T in market value during the session, though leadership remained concentrated in mega-cap AI names while energy stocks lagged as crude pulled back. 2. Meta $META surged 11.4% to $741.25, adding roughly $200B in market value after Wells Fargo raised its price target to $796 and argued the company finally has a compelling AI monetization story. Another major catalyst was Muse becoming the #1 free app on Apple's U.S. App Store, providing the first strong consumer evidence that Meta's AI investments may be gaining traction. Investors also positioned ahead of Meta Connect, where Zuckerberg is expected to unveil new Muse features, AI models, and wearables. 3. Treasury Secretary Scott Bessent said U.S.-China talks went “very well,” announcing that the two countries have formally established U.S.-China AI Dialogues and will meet again in 2 months. Bessent also said the U.S. and China are creating an AI incidents hotline to communicate if safety-related issues arise and are now discussing protocols covering cybersecurity, AI agents, and broader AI safety. The move marks one of the first formal bilateral frameworks focused specifically on managing frontier AI risks between the two countries. 4. President Trump announced that the U.S., Denmark, and Greenland have reached an agreement giving the United States permanent responsibility for Greenland’s security, saying the arrangement comes at no cost to the U.S. Under the agreement described by Trump, no U.S. adversary will be permitted to establish a military base, maintain a military presence, or make sensitive investments in Greenland without U.S. approval. Trump also said the U.S. will begin building a significantly larger military presence on the island and described the agreement as having “no end.” 5. Anthropic told investors it expects to scale available compute capacity to roughly 5 GW by the end of this year, up from about 1.5 GW last year, according to the New York Times. That would put it roughly in line with OpenAI’s estimated compute footprint this year, with both companies targeting around 10 GW by the end of 2027. Anthropic has aggressively secured capacity across multiple providers, including a deal to pay SpaceX about $1.25B per month for compute through May 2029, while its partnership with Amazon includes up to 5 GW of capacity. The company is also reportedly in talks with Meta over a potential $10B compute lease spanning two years, though no agreement has been finalized. 6. GameStop $GME CEO and Chairman Ryan Cohen purchased another 1.15M shares for approximately $26.4M, paying an average price of $22.94 per share. The purchase increases his direct ownership to 40.5M shares. Including warrants, Cohen now beneficially owns 44.2M shares, representing roughly 8.7% of GameStop. The latest buy further increases his personal investment in the company and follows his recent series of open-market purchases. 7. The Trump administration is reportedly proposing a $5B Middle East energy reconstruction fund, according to the Wall Street Journal, aimed at rebuilding infrastructure damaged during the Iran war and reducing the region’s dependence on the Strait of Hormuz. The U.S. would seek matching contributions from Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan, potentially expanding the fund to $10B. The proposed fund, known as Pact, would be managed by the U.S. Development Finance Corporation, though discussions remain ongoing and the terms could still change. The proposal comes as traffic through the Strait of Hormuz remains well below pre-war levels and Gulf producers continue relying on more expensive alternative export routes. 8. The top 10 most active options today by contracts traded were $NVDA with 3.8M contracts, $TSLA with 2.8M contracts, $META with 2.8M contracts, $INTC with 2.2M contracts, $AAPL with 1.4M contracts, $AMD with 1.3M contracts, $MU with 1.2M contracts, $AMZN with 1.0M contracts, $SPCX with 826K contracts, and $MSFT with 753K contracts. 9. OpenAI projects $278B of cumulative negative free cash flow through 2030, driven by roughly $856B of compute and infrastructure spending, according to the Financial Times. The company expects revenue to grow from $36B this year to $350B in 2030, generating roughly $840B in total revenue over the remainder of the decade. OpenAI's $122B funding round from March is projected to be exhausted by 2028, and the company is now discussing another major capital raise, with investors reportedly approaching it around a $1.2T valuation while OpenAI is seeking an even higher figure. The projected cash burn has improved from $305B estimated in May, while recent model launches boosted annualized revenue by about 20% in July despite ongoing price cuts to compete with Anthropic and lower-cost Chinese open-weight models. OpenAI also confidentially filed for an IPO in June but has since delayed the listing process. 10. Meta $META’s new Muse AI assistant is outpacing ChatGPT’s early mobile launch across several key adoption metrics, according to Sensor Tower. Muse reached 2.8M downloads in its first 12 days across both app stores. On a comparable U.S. + Canada iOS basis, Muse recorded 1.8M downloads versus 1.3M for ChatGPT. Muse also set a new U.S. daily download record of 264K on September 19, marking its third consecutive day above 200K. Engagement has also been stronger, with Muse reaching 448K U.S. daily active users by day 10, while ChatGPT took 49 days to reach a similar level. By day 12, Muse had 642K U.S. mobile DAUs versus 231K for ChatGPT at the same point, while even on U.S. iOS only, Muse reached 359K DAUs. 11. Last week marked hedge funds' largest weekly purchase of U.S. equities in 5 weeks, driven by a combination of short covering in macro products such as index futures and ETFs and new long purchases in individual stocks. The strongest demand was concentrated in Information Technology and Communication Services, with hedge funds now buying those sectors for 3 consecutive weeks. Software has been a particular focus, with hedge funds purchasing U.S. software stocks in 4 straight weeks and in 6 of the last 8. As a result, software allocations have risen to roughly 5.0% of total hedge fund market exposure, the highest level since the start of the year, up from a record low of 1.3% in February. 12. U.S. household equity exposure has climbed to a record 39.9% of household net worth, up 12.6 percentage points since the 2022 bear market. Over the same period, homeowners’ equity in residential real estate has fallen to 19.3% of household net worth, down 3.5 percentage points and its lowest share since Q2 2021. As a result, the gap between household exposure to equities and real estate has widened to a record 20.6 percentage points. For perspective, during the 2005 housing boom, real estate represented 24.1% of household net worth and exceeded equity exposure by about 1 percentage point, highlighting how dramatically household wealth has shifted toward financial assets. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting neutral 1444 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Nvidia $NVDA and Palantir $PLTR expanded their AI partnership, building a new stack that combines Palantir’s sovereign AI platform with Nvidia’s custom Nemotron open models. The technology is being deployed first across Nvidia’s own supply chain, using AI to capture operational intelligence and accelerate the process from “wafer to first token.” Other companies will be able to deploy the same architecture across their own supply chains, either in the cloud or on-prem. The partnership, first announced in October 2025, has continued compounding into new verticals, use cases, and sovereign AI deployments built around one core idea: enterprises and governments want to own, control, and make sense of their own data. Palantir also hosted its 11th AIPCon today, where partners showcased how they are using Ontology, Foundry, AIP, and Sovereign AI to solve complex operational problems. 2. U.S. PPI came in slightly hotter than expected, rising 5.4% YoY versus 5.3% expected, while monthly PPI rose 0.4%, in line with estimates. Core PPI was 4.6% YoY, matching expectations, while core monthly PPI rose 0.2%, below the 0.3% estimate. Initial jobless claims came in at 206K versus 205K expected, showing labor-market claims remain broadly steady even as producer inflation stays elevated. 3. Microsoft $MSFT plans to triple its global data center capacity, expanding from roughly 12 GW today to more than 38 GW by 2032, according to Bloomberg. That would add about 26 GW of capacity, with AI-specific compute expected to grow from around 2 GW today to roughly one-third of total capacity by 2032, or about 13 GW. The target excludes compute rented from neoclouds like CoreWeave. The buildout comes after capacity shortages forced Microsoft to restrict some cloud subscriptions and turn away AI and cloud demand. Microsoft spent $145B in capex last fiscal year and has $329B in future data center lease commitments. 4. Oracle $ORCL delivered more than 300,000 GPUs to AI cloud customers since the end of Q4, nearly tripling the capacity delivered in Q4 FY26. The company’s RPO surged by $209B YoY to $664B after booking more than $30B of additional AI cloud contracts in Q1. Q1 revenue came in at $19.3B versus $19.14B expected, up 30% YoY, while adjusted EPS was $1.92 versus $1.74 expected, also up 30% YoY. Cloud revenue reached $11.6B, up 62% YoY, led by cloud infrastructure revenue of $7.4B, up 121% YoY. Oracle also guided FY revenue to at least $90B and adjusted EPS to $8.10, while disclosing $28.5B of capex, -$5.4B of free cash flow, and a $20B ATM equity program. 5. The top 10 most active options today by contracts traded were $AAPL with 2.8M contracts, $NVDA with 2.3M contracts, $TSLA with 1.6M contracts, $SPCX with 1.2M contracts, $MU with 769K contracts, $META with 750K contracts, $ORCL with 733K contracts, $INTC with 628K contracts, $GOOGL with 475K contracts, and $AMZN with 409K contracts. 6. Adobe $ADBE reported Q3’26 revenue of $6.8B versus $6.69B expected, up 13% YoY, with adjusted EPS of $6.13 versus $6.09 expected, up 15% YoY. ARR reached $27.5B, while RPO came in at $22.2B and AI-first ARR growth was 150%+. Adobe also raised its FY26 guide, now expecting revenue of $26.58B-$26.63B and EPS of $24.45-$24.50, both ahead of estimates. Segment strength remained broad, with Customer Groups revenue at $6.6B, up 14% YoY, and Creative & Marketing Professionals revenue at $4.7B, up 13% YoY. The company also crossed 1B+ monthly active users, calling it a defining moment for Adobe. 7. Uber $UBER CEO Dara Khosrowshahi bought 141K shares for about $10M at an average price of $70.96. The purchase marks Dara’s first open-market buy of Uber stock since May 2022, when he bought 200K shares at roughly $26.73. A $10M insider buy from the CEO is a notable confidence signal as investors continue watching Uber’s growth, margin expansion, buybacks, and long-term autonomous vehicle strategy. 8. Nvidia $NVDA CEO Jensen Huang says cybersecurity is likely AI’s next major market, as AI-generated code accelerates both software development and the vulnerabilities that come with it. Huang said rapidly evolving threats should drive more demand for AI-powered security and automated defenses, creating another major growth vertical for the technology. He also pushed back on the idea that Nvidia’s AI financing is “circular,” saying, “We put a little bit of money in and a lot of money comes back. We put in 1 and 100 comes back in.” Huang added that the financing only happens because the off-take is already there: “That off-take is $100B. It’s lined-up contracts. It is real stuff.” He said Nvidia knows where the demand is coming from, understands the quality of that demand, and that its financing is only a “very small part” of these projects. 9. SpaceX $SPCX CFO Bret Johnsen said the company signed another AI compute hosting deal that will generate $1.11B of revenue per month, or $13.3B annually, starting December 1, 2026. “Earlier this month, we closed another hosting deal. By the end of this year, with annualizing our December number, we're on track to hit $100B of ARR,” Johnsen said at Goldman Sachs’ Communacopia and Technology Conference. The update highlights how quickly SpaceX’s AI compute business is scaling into one of the largest infrastructure revenue stories in the market. 10. GameStop $GME CEO and Chairman Ryan Cohen bought 1M shares at an average price of $20.38, a purchase worth roughly $20.4M. His Form 4 shows 39.35M shares directly owned, while a new 13D reports 43.1M shares beneficially owned, equal to an 8.5% stake. The buy adds another insider-confidence signal at a time when investors are watching how Cohen plans to deploy GameStop’s balance sheet and reshape the company’s long-term strategy. 11. Robinhood $HOOD ended August with 28.6M funded customers, up 7% YoY, while total platform assets reached $383.7B, up 8% MoM and 26% YoY. Net deposits were $4.0B. Trading activity stayed strong, with equities at $335.4B up 68% YoY, options at 292.5M contracts up 50% YoY, crypto at $17.5B up 61% MoM but down 38% YoY, and event contracts at 4.7B, down 23% MoM but up 15x YoY. Interest-earning assets also continued scaling, with margin balances at $21.5B up 72% YoY, cash and deposits at $19.6B up 37% YoY, and cash sweep at $31.2B up 7% MoM. Robinhood also expanded the platform with agentic options and crypto trading, Robinhood Earn, Smart Income, UK crypto trading, 190+ stock tokens on Robinhood Chain, and additional Cortex and IPO Access features for RIAs. 12. Saudi oil output fell to its lowest level since 1990, as Saudi Arabia told OPEC its production declined again. At the same time, OPEC cut its 2026 global oil-demand growth forecast to 380K bpd from 580K bpd, while raising its 2027 demand-growth outlook to 2.36M bpd from 2.16M bpd, signaling a potential rebound next year. OPEC+ crude production averaged 38.05M bpd in August, up roughly 300K bpd from July. The backdrop is getting more complicated for markets, with oil pushing past $100/barrel and the 10-year Treasury yield near 4.9%. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @amitisinvesting neutral 1294 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Markets were under pressure today, with the S&P $SPY down ~1.5%, largely due to a sharp selloff in South Korea. The KOSPI fell 9.9%, its worst day since March, as fears grow around potential taxes on unrealized stock gains, heavy retail leverage, and volatility in popular names like $SPCX. The move is also weighing on U.S. memory stocks ahead of $MU earnings, while renewed rate-hike fears from BofA are adding more pressure. 2. Google $GOOGL is replacing Verizon $VZ in the Dow Jones Industrial Average, adding another mega-cap tech name to the historic index. Google now joins Amazon $AMZN, Apple $AAPL, Microsoft $MSFT, and Nvidia $NVDA as Mag 7 companies included in the Dow. 3. U.S. home prices rose 0.3% MoM in May, the fastest monthly gain since January, and 2.5% YoY, the fastest annual growth in six months, per Redfin. Redfin said the increase reflects deals signed in April, when mortgage rates fell and demand improved. Closed home sales also reached their highest level since 2022 in May. 4. Meta $META is reportedly working on a standalone prediction markets app internally called Arena, per NYT. Zuckerberg directed a small team to build the app after the rise of Polymarket and Kalshi, with users likely predicting outcomes using game-like points instead of money at launch. Meta has not ruled out real-money betting later, and NYT says the company could leverage Facebook, Instagram, WhatsApp, and Messenger to scale the product, though the project remains experimental and may never launch. 5. BofA raised its 2030 global semiconductor $SMH TAM forecast to $2.7T, up from $2.3T, saying AI could drive the next $1T in chip sales over the next five years. The firm continues to see AI as the biggest growth engine for the semiconductor industry. 6. More than 6M U.S. children have been enrolled in Trump Accounts ahead of the program’s July 4 launch, according to Treasury. Around 1.4M of those children qualify for the $1,000 Treasury seed contribution. 7. Palantir $PLTR and Zeta $ZETA announced a strategic partnership to build AI infrastructure for enterprise marketing. Zeta’s Data Cloud will be rearchitected on Palantir Foundry, combining governed enterprise data with Zeta’s AI decisioning platform to connect operational intelligence, customer intelligence, and real-time marketing execution. Zeta says the partnership could drive more than $100M in annual revenue in the coming years, creating a trusted platform for agentic marketing and faster, measurable business outcomes. 8. SoftBank’s Masayoshi Son pushed back on Elon Musk’s $SPCX orbital data center vision, arguing the AI race will be won with compute built on Earth. Son said SoftBank is focused on building “formidable” data center capacity, adding that “he who strikes first wins.” While he called Musk a “remarkable agent of change,” Son said space-based data centers face major challenges around launch, maintenance, and communication costs. 9. Rakuten Group is teaming up with AST SpaceMobile $ASTS to form a satellite-to-cell joint venture in Japan. The new JV, expected to be created this year, will purchase and operate satellites to deliver direct-to-mobile coverage, with Rakuten bringing its Japanese telecom footprint and AST providing the satellite infrastructure. The move puts Rakuten and AST in direct competition with SpaceX’s Starlink, which already offers satellite-to-cell service through carrier partnerships. 10. Taiwan’s AI stock frenzy is starting to look like a “buy anything and it goes up” market. The country’s stock market is up 100%+ over the past year, overtaking the UK, Canada, and India to become the world’s fifth-largest equity market. But leverage is flashing warning signs: margin debt tied to stock purchases has jumped 160% in 12 months, nearing pre-2000 crash levels, while brokers are raising rates, demanding more collateral, and stock-trading defaults have more than doubled in June to over NT$2B. 11. GameStop $GME said Ryan Cohen asked the board to remove his proposed CEO Performance Award from the proxy statement as the company focuses on its proposed acquisition of eBay $EBAY. GameStop submitted a non-binding offer to buy eBay for $125/share in cash and stock, while currently owning 4.34M eBay shares and holding option exposure to another 39.05M shares. The HSR antitrust waiting period was satisfied on June 3. 12. Cerebras $CBRS reported Q1 revenue of $193.4M, up 94% YoY and ahead of the $181.4M estimate. The company also raised its FY26 revenue outlook to $855M–$865M, above the $824.8M estimate, and announced major AI infrastructure wins, including a $20B+ OpenAI deal for 750MW of inference compute and a multi-year AWS inference partnership. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @TrendSpider bullish 462 eng

  🚨 CEO Buy Alert CEO Ryan Cohen just spent another $26M on his own stock yesterday, following a $20M purchase less than 2 weeks ago. $GME https://t.co/5GirBSWT5N

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• @StockSavvyShay neutral 226 eng

  Ryan Cohen just put another ~$20M into $GME buying 1M shares at an average price of $20.38. The purchase takes his beneficial ownership to 8.5% of the company. https://t.co/2f3Ug1bglB

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• @wallstengine neutral 203 eng

  GAMESTOP CEO RYAN COHEN BUYS AN ADDITIONAL $26.4M OF $GME Cohen bought another 1.15M shares at an average $22.94, lifting his direct holdings to 40.5M shares. Including warrants, he now beneficially owns 44.2M shares, or 8.7% of GameStop. https://t.co/Wi8S1BlmI5

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• @wallstengine neutral 175 eng

  $GME CEO & Chairman Ryan Cohen bought 1M shares at an average price of $20.38, a purchase worth about $20.4M. His Form 4 shows 39.35M shares directly owned, while a new 13D reports 43.1M shares beneficially owned, or an 8.5% stake. https://t.co/yKOemWQbnW

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• @StockSavvyShay neutral 140 eng

  $GME CEO Ryan Cohen just bought another $26M of GameStop by adding 1.15M shares at an average $22.94. That lifts his total stake to about 9% of the company. https://t.co/PouqTMi1Fz

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