The Weekend Rip
Happy Weekend! | Stocks spent the week trying to outrun inflation, oil, and rates with AI duct tape. Monday and Tuesday were all crude and CPI stress, Wednesday brought hot PPI and another Nasdaq record, Thursday turned into an AI-China roadshow, and Friday finally let yields punch the tape in the mouth. Underneath it all, the market’s favorite question stayed the same: is this broadening, or just the same AI trade with a passport, a higher multiple, and worse bond math? | Let's recap and prep you for the week ahead. | Monday : Stocks closed green, but the leadership was anything but broad. Oil jumped on renewed Iran risk, AI infrastructure names ripped, and classic defensives cracked while traders looked ahead to CPI. | Tuesday : Stocks slipped as hot CPI and $102 crude dragged tech lower, even as the Dow finished green. The day’s tape was a clean rotation out of Monday’s chip winners and into inflation-defense mode. | Wednesday : Stocks gained ground while producer prices came in scorching hot, which is the market equivalent of hearing the smoke alarm and turning the music up. The Nasdaq pushed to another record as AI, China, and earnings kept traders busy, with Cisco and Alibaba both giving investors something to argue about. Warsh got confirmed at the Fed, Iran risk kept inflation pressure in the frame, and rate-cut hopes looked like they needed a long walk. | Thursday : Stocks climbed as the AI trade grabbed its passport, with tech leading while Trump, Xi, Nvidia, and the CEO roadshow gave traders plenty to chew on. Figma delivered the clean after-hours SaaS beat, Rumble tried to sell an AI infrastructure reset through an earnings miss, and Cerebras gave IPO watchers a full-blown inference-chip face-ripper. Under the hood, the market still had one big question: is AI broadening, or is everyone just paying more for the same theme? | Friday ; Stocks cooled off after the record run as the China trip failed to deliver the chip thaw traders wanted and yields finally started bossing equities around. The 30-year Treasury topped 5.1%, hot inflation data kept the Fed-hike trade alive, and AI leaders lost altitude. Stocks still had mega-cap attention on Nvidia and silver, but the real post-level heat came from POET financing drama and Candel’s prostate cancer data. | This week's StocksTop 25 showed how momentum movers fared vs. the indexes. | Here are the closing prices: | |
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