The Weekend Rip | |
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The week started with oil, bonds, and Iran risk punching growth in the mouth, then ended with traders crawling right back into AI, hardware, quantum, and space speculation. Nvidia held the AI trade together, Lenovo lit up Dell and HP, and federal quantum funding gave D-Wave, Rigetti, and IBM a fresh catalyst. The ugly part never left: consumer sentiment hit a record low, mortgage pressure stayed loud, and Kevin Warsh took over the Fed with the bond market already questioning whether cuts are still realistic. | |
Let's recap and prep you for the week ahead. | |
Monday : Stocks opened the week in risk-off mode as AI hardware rolled over, Iran risk lingered, and traders stared down Nvidia earnings plus Kevin Warsh’s Fed takeover. A late-session strike cancellation headline helped stocks claw back some ground, but bonds kept selling off as oil, inflation, and hike risk stayed in the driver’s seat. OpenAI beat Musk in court, memory names cracked on capacity stress, ServiceNow caught a retail SaaS bid, and Warsh might be inheriting a bond market already acting like it runs the Fed. | |
Tuesday : Every major index closed red, but Stocktwits sentiment stayed bizarrely bullish as crude climbed, bond yields screamed, and traders hid in energy, health care, utilities, and staples. The U.S. 30-year pushed toward a nearly 20-year high while global yields joined the selloff, keeping inflation fear alive before Nvidia’s Wednesday night report. Cava’s Q1 beat, Nvidia’s earnings setup, retail earnings week, SpaceX IPO chatter, and the defensive sector shift gave traders plenty to fight about even while the tape bled. | |
Wednesday : Stocks bounced as oil cooled, bond pressure eased, and traders got two huge AI catalysts at once. Nvidia beat across revenue, adjusted EPS, data center, and guidance, but still dipped after hours because expectations were already levitating. SpaceX filed for its Nasdaq IPO under SPCX, turning Starlink, rockets, X, and xAI into one giant valuation argument. | |
Thursday : Stocks climbed back from an early red start as fresh U.S. and Iran peace hopes helped the Dow reach record highs. Nvidia kept AI attention pinned after its monster quarter, but the conversation spread into Applied Digital, Arm, quantum funding, and China EV earnings. Walmart proved a good quarter can still get punished when the stock already carries a premium, while the Fed minutes reminded everyone that bonds are still doing the threatening. | |
Friday : Stocks climbed into the long weekend as tech kept dragging the market back toward growth even after a week of oil shocks, bond stress, and rate hike chatter. Lenovo’s strong quarter lit up Dell and HP, while federal quantum funding sent D-Wave and Rigetti ripping again. Kevin Warsh took the Fed chair job with consumer sentiment at a record low and the bond market already asking whether his first real move could be tighter, not easier. | |
This week's StocksTop 25 showed how momentum movers fared vs. the indexes. | |
Here are the closing prices: | |
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THE BRIEF | |
Need a concise summary of what's going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data. | |
Earnings This Week | |
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Above is a quick summary. Check out the full Stocksearnings calendar for the other names reporting this week. | |
Economic Calendar | |
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In addition to the above, check out this week's complete list of economic releases. |
