3 min read
The Tech Rout That Wasn't: 48 Advancers, 52 Decliners
Monday's selloff was a rotation, not a de-risking. Micron fell 5.83% with its 2026 supply already sold out, and Nvidia reports Wednesday, not today.
- market-briefing
- premarket
- micron
01Writing
What happened overnight.
A short read before the US open, every trading day: the moves that matter, the stories behind them, and what is on the calendar. Not financial advice.
- All
- market-briefing41
- semiconductors12
- oil8
- earnings6
- rates6
- bonds3
- federal-reserve3
- Nvidia3
- Oracle3
- software3
- ai2
- AMD2
- Applied Materials2
- Cisco2
- CPI2
- Datadog2
- macro2
- premarket2
- Walmart2
- ai-agents1
- Alibaba1
- Apple1
- Arm1
- artificial-intelligence1
- bank-of-japan1
- Coinbase1
- CrowdStrike1
- Eli Lilly1
- financials1
- FOMC1
- Hormuz1
- housing1
- inflation1
- Intel1
- interest-rates1
- Jackson Hole1
- M&A1
- market-breadth1
- megacap1
- Merck1
- micron1
- nvidia1
- Palantir1
- payrolls1
- PCE1
- retail sales1
- S&P 5001
- Salesforce1
- Shopify1
- Treasury yields1
- treasury-yields1
- us-china1
- Workday1
3 min read
Tech-led futures dip, Alibaba's two selloffs, Canada tariffs hit
Futures edge lower with tech under pressure, Friday's crypto rally still dominates the boards, and 50% US tariffs on Canadian goods took effect at midnight.
- market-briefing
- premarket
- Nvidia
3 min read
Walmart's 9% Drop and a 30-Year Yield Near 2007 Highs
Walmart fell 9.15% after a comparable-sales miss even as it raised guidance, while long-dated Treasury yields set the tone for everything else.
- market-briefing
- Walmart
- CrowdStrike
3 min read
Walmart at 7, retail sales at 8:30: the consumer gets tested
Walmart reports before the open and retail sales follow at 8:30. Behind Wednesday's calm index: Merck +12.6%, biotech ripping, semis and cyber down 4-5%.
- market-briefing
- Walmart
- retail sales
3 min read
Fed statement at 2 pm after a third straight S&P 500 decline
The FOMC statement lands at 2 pm ET after the S&P 500's third straight loss. Micron fell 7% on record results; Intel's raise moved 121 million shares.
- market-briefing
- FOMC
- Treasury yields
3 min read
Semis Lead, Software Sold: Rotation Inside Tech, Not Risk-Off
Monday's tape split 25 advancing to 75 declining, semis led while software was sold on someone else's revenue print, and Home Depot reports before the open.
- market-briefing
- semiconductors
- software
4 min read
Semis split: Applied Materials' record quarter, down 5.1%
A record quarter sent Applied Materials down 5.1% while AMD rose 6.5%. Reddit's 12.6% index pop, negative breadth and a two-sided rate story.
- market-briefing
- semiconductors
- AMD
3 min read
Cisco falls 8.4% on a beat; Workday jumps on buyout talks
Cisco lost 8.4% after beating and raising, Workday gained 17.8% on a reported Silver Lake approach, and the S&P closed at a record. Retail sales at 8:30am ET.
- market-briefing
- Cisco
- Workday
3 min read
Semis Carried Wednesday; Cisco's Print Lands Before the Bell
AI hardware led while software and consumer sold. Cisco reported $17.3B revenue after the close, and PPI hits at 8:30 AM ET.
- market-briefing
- semiconductors
- Cisco
3 min read
CPI at 8:30 With the AI Trade Split Down the Middle
July CPI lands at 8:30 a.m. ET after a defensive Tuesday: Oracle and Datadog fell while MongoDB and AMD rose. Global-e reports before the open.
- market-briefing
- CPI
- Oracle
3 min read
Positive breadth, flat tape: oil up 5%, chips down across the board
Monday's close: 55 advancers but a flat index, oil up about 5% on Hormuz, six semis lower, three small-cap takeouts. CPI lands Wednesday 8:30 am ET.
- market-briefing
- oil
- semiconductors
4 min read
Hormuz deal talk, Iran's denial, and Wednesday's CPI
Iran says direct U.S. talks are not underway even as headlines price a Hormuz deal. Plus Friday's software bid, Corsair's 35% margin move, and CPI Wednesday.
- market-briefing
- Hormuz
- oil