| The market closed mixed Wednesday as defensives supported the Dow while expensive AI promises dragged tech and easing Hormuz hopes punished energy. | SpaceX spent more than investors could stomach, crowned Nvidia its exclusive AI-chip supplier, and reminded AMD that strong earnings do not fix second place. Shopify, Disney, and Booking showed the other side of earnings season by pairing growth with profits the market could see. | Gold caught lower yields, a softer dollar, and unresolved geopolitical risk. Stocktwits traders stayed focused on SanDisk, SoundHound, AppLovin, IonQ, and Redwire, keeping the loudest speculation well outside the blue-chip winners. | Today's Briefing: Powered by Stocktwits Community API. | After the Bell: SanDisk crushed quarterly estimates, but its outlook could not outrun expectations. Stocks: SpaceX chose Nvidia, punished AMD, and put its enormous AI budget under scrutiny. Morning Earnings: Shopify led three consumer winners while Uber’s outlook spoiled its bookings beat. Macro News: Hormuz diplomacy pressured energy as lower yields and lingering risk sent gold higher. What's Trending Now on Stocktwits
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| | | | AFTER THE BELL
What Beats Across the Board, but Still Falls? | | SanDisk, the flash-memory and data-storage maker, beat fiscal fourth-quarter expectations Wednesday as AI data centers drove demand and higher pricing boosted revenue. Shares still fell after hours because the next-quarter outlook failed to clear Wall Street’s elevated bar. For the best performer and highest momentum climber so far in 2026, this stock really had some heavy expections going into its end of fiscal year report. | The RIP: $SNDK ( ▼ 5.4% ) fell 5.1% after hours. Adjusted EPS reached $39.25 versus $34.45 expected, while revenue rose 51% sequentially to $8.97B versus $8.39B expected. Data-center revenue more than doubled sequentially to $2.98B. | Holders entered earnings with a 32.9% five-session gain, making a standard beat a tough sell. SanDisk now expects first-quarter revenue of $10.3B to $10.8B and adjusted EPS of $44 to $46. Watch whether data-center volume can sustain growth if pricing, which supplied two-thirds of the quarter’s sequential revenue increase, begins cooling. | Traders were also watching the massive 15% drop in $APP ( ▼ 0.45% ) and WILD 21% jump in $SOUN ( ▼ 1.23% ) following their respective after market reports. | The Community Read: The $SNDK room is 80% bullish after the drop, find the disputed forecast -> |
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| | | | STOCKS
SpaceX’s AI Bill Arrives As Moon Shot Crashes 🚀 | | SpaceX, the rocket and satellite-internet operator, reported second-quarter results Tuesday night, but its expanding AI bill and decision to use Nvidia chips exclusively sent shares sharply lower Wednesday. Nvidia gained after Musk used the first SpaceX call to say the firm will use Nvidia's systems exclusively. If only Vera Rubin chips were not so expensive. | The RIP: $SPCX ( ▼ 13.61% ) fell 13.6%. Adjusted EPS was -$0.09 on $7.81B in revenue. Quarterly capital expenditures topped $18B, double the prior quarter, including $15.8B for AI versus $749M one year ago. $NVDA gained 3.4%. A SpaceX booster rocket lost 18 months ago is said to have hit the moon on Wednesday morning, in a poetic event of space littering. | The Community Read: The $SPCX stream is 59% bullish after the selloff, follow the capex fight -> | Good Wasn’t Good Enough | AMD reported record second-quarter results Tuesday night, but shares fell Wednesday as a crowded trade met rising expectations. Elon Musk added pressure by saying SpaceX would exclusively use Nvidia chips, reinforcing AMD’s second-place position in AI accelerators. 🤷 | The RIP: $AMD ( ▼ 7.04% ) fell 7.0%. Adjusted EPS reached $1.66 versus $1.62 expected, while revenue rose 50% to $11.54B versus $11.31B expected. Data Center revenue climbed 107% to $6.7B. | The Community Read: The $AMD room is 87% bullish after the drop, see the Helios case -> |
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| | | | AM
Morning Earnings Pick Their Winners | Wednesday’s earnings split four consumer platforms into three winners and one warning. Shopify’s merchant platform, Disney’s entertainment empire, and Booking’s travel marketplace rallied, while Uber’s ride-hailing network fell after soft third-quarter forecasts overshadowed strong bookings. | The RIP: $SHOP ( ▲ 16.98% ) rose 17.0% as revenue increased 34% to $3.58B. $BKNG ( ▲ 6.56% ) gained 6.6% on $7.35B in revenue and 9% bookings growth. $DIS climbed 3.6% with $2.06 adjusted EPS. $UBER ( ▼ 5.29% ) fell 5.3% despite $58B in gross bookings. | Shopify delivered the cleanest report, beating the $3.45B revenue estimate and forecasting another quarter of above-consensus growth. Disney’s domestic parks helped Experiences operating income rise 20% to $3.02B, while the $1B box-office haul from “Toy Story 5” spread across streaming and merchandise. The booking number added confirmation that consumers are still saving travel budgets, with room nights growing 5%. | Uber was the exception because its outlook could not match its operating momentum. Second-quarter EPS met expectations at $0.81 and gross bookings beat estimates, but the third-quarter bookings midpoint landed at $59.25B and projected EPS of $0.84 to $0.88 trailed the $0.89 consensus. | The Community Read: The $SHOP room is bullish after the beat, see whether the rally has legs ->x |
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| | | | MACRO NEWS
Hormuz Deal Needs Ships | Iran and Oman agreed Wednesday on coordinates for a shipping route through the Strait of Hormuz and began finalizing a joint announcement. The proposed framework would give Tehran control over ships entering the Gulf, but Iran warned that the agreement alone would not guarantee security. Oman would offer a safe route to exit the gulf on the far side of Tehran. | The RIP: $XLE ( ▼ 2.07% ) fell 2.1%, while $USO ( ▼ 0.78% ) slipped 0.8% and has lost 11.1% across three sessions. Brent traded near $80. Reminder: roughly one-fifth of globally traded oil and natural gas historically passed through Hormuz. | The Community Read: The $USO room is bullish despite the drop, see why traders doubt the deal -> | Gold Gets Both Tailwinds | Two macro stories? WoW!
Gold surged Wednesday as falling Treasury yields and a softer dollar reduced the cost of holding bullion. Iran-Oman progress eased oil-driven inflation pressure, but the lack of guaranteed security through Hormuz preserved gold’s safe-haven appeal. | The RIP: $GLD ( ▲ 4.14% ) gained 4.1% to $389.64 on 2.1x normal volume. $SLV ( ▲ 4.14% ) rose 4.1%, while $GDX and $GDXJ climbed 7.4%. The 10-year Treasury yield slipped to 4.61% from 4.63%. | Gold holders received confirmation from metals, miners, bonds, and the dollar, making this broader than a one-chart breakout. Weekly jobless claims Thursday provide the next test for rate expectations. Watch whether $GLD holds its $384 opening area because a yield rebound could quickly challenge Wednesday’s momentum. | The Community Read: The $GLD room is bullish on the breakout, see what traders expect next -> |
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