Stocks Mixed on Fed, Iran, and Rates

Stocks Mixed on Fed, Iran, and Rates

Opinions

WMT (stock, NYSE)

The company missed on its outlook and took a large $2.1 billion loss on its investment in Symbotic.

CVNA (stock, NYSE)

The stock has an aggressive downtrend and its business model is questioned as a potentially unsustainable 'circular financing operation'.

BRENT (commodity)

The speaker is neutrally observing a significant price increase in Brent crude oil.

DASH (stock, NYSE)

The company posted strong growth and the speaker states, "they make money. They make lots of money."

MSFT (stock, NASDAQ)

Positive technical indicator as the stock recaptured the $400 price level.

META (stock, NASDAQ)

The speaker believes the company has performed very well with its smart glasses product.

SMCI (stock, NASDAQ)

Expected to see positive second-order effects from OpenAI's spending on chips and infrastructure.

NVDA (stock, NASDAQ)

Expected to benefit from OpenAI's spending and is a potential major investor in its $100B funding round.

AAPL (stock, NASDAQ)

The Apple Watch is viewed as a dominant product that will be very difficult for competitors to beat.

AMD (stock, NASDAQ)

Positive technical indicator as the stock recaptured its 200-day moving average level.

Topics

General Market Commentary

OpenAI's $100 Billion Funding Round

Tech Hardware Competition (Smartwatches/Glasses)

US Trade Deficit

Oil Market Price Movement

Crypto Derivatives Trading

Robo-taxi Regulation in New York