Markets Brief

Monday, July 6, 2026

Last updated 3:07 PM PT

Market Value

$216,532.44

Cost $239,993.08

Day's Gain

$4,179.19

1.97%

Total Gain

-$23,460.64

-9.78%

AI semis & memory

MU

Day's Gain $
$560.40
Day's Gain %
0.96%
Total Gain $
-$4,158.50
Total Gain %
-6.58%

Qty # 60 · Last Price $984.75 · Value $59,085.00 · Total Cost $63,243.50

AI semis first: MU is an HBM and DRAM margin recovery story, and the Nvidia/Jensen Huang headline keeps the demand signal pointed at AI servers. At -6.58% in the position after a plunge headline, I’d buy weakness in pieces and stay long; own it, don’t trade it while AI capex, pricing, and HBM supply stay tight.

AI buildout — fiber, storage, power

SNDK

Day's Gain $
-$5.70
Day's Gain %
-0.03%
Total Gain $
-$5,330.70
Total Gain %
-23.41%

Qty # 10 · Last Price $1,744.43 · Value $17,444.30 · Total Cost $22,775.00

Memory is the sector read, and SNDK is an AI storage-cycle bet tied to data-center capacity, NAND pricing, and customer capex. Down 23% in the position with the stock flat today, buy weakness in pieces and own it, don’t trade it, but do not chase a headline bounce before margins turn.

Other holdings

AMAT

Day's Gain $
-$512.50
Day's Gain %
-1.70%
Total Gain $
-$2,194.40
Total Gain %
-6.89%

Qty # 50 · Last Price $592.79 · Value $29,639.50 · Total Cost $31,833.90

Semicap equipment is guilty by association today: Burry's AI-short headline is hitting the whole supply chain, but AMAT is still a picks-and-shovels margin machine tied to foundry, memory, HBM, and advanced packaging capex. I like this name here in pieces; buy weakness, keep position size sane, and do not let one headline knock you out of a multi-year equipment cycle.

AMD

Day's Gain $
$684.60
Day's Gain %
6.61%
Total Gain $
-$500.60
Total Gain %
-4.34%

Qty # 20 · Last Price $552.05 · Value $11,041.00 · Total Cost $11,541.60

Semis lead, and AMD landing Turing’s self-driving GPU workload is a clean AI customer win that pushes the story beyond datacenter into autonomy. The stock ripped 6.61% but the position is still down 4.34%, so I’d stay long and buy weakness in pieces because margin leverage comes when these GPU design wins turn into volume, HBM access, and repeat software pull-through.

BE

Day's Gain $
$724.80
Day's Gain %
8.92%
Total Gain $
-$1,108.50
Total Gain %
-11.13%

Qty # 30 · Last Price $295.05 · Value $8,851.50 · Total Cost $9,960.00

Clean energy is ripping, but with no fresh headline, BE’s +9% is a relief move, not a fundamental upgrade. I’d trim strength unless the margin, backlog, and grid-power story gives you conviction to stay long.

GEV

Day's Gain $
$973.25
Day's Gain %
3.50%
Total Gain $
$1,570.50
Total Gain %
5.77%

Qty # 25 · Last Price $1,152.04 · Value $28,801.00 · Total Cost $27,230.50

GEV is industrial electrification with pricing power, grid capex, and gas turbine scarcity working in its favor, and a +3.5% move with no fresh headline says the tape still wants the power names. I’d stay long, but after a fast run I’d add only on weakness because valuation needs flawless margins and backlog execution now.

INTC

Day's Gain $
$277.50
Day's Gain %
1.54%
Total Gain $
-$1,533.49
Total Gain %
-7.72%

Qty # 150 · Last Price $122.20 · Value $18,330.00 · Total Cost $19,863.49

Semis are catching a bid, but Intel still has to prove the foundry story with margin repair, real external customers, and capex discipline. At $122.20 after a 1.54% pop and still down 7.72% in the position, I’d trim strength and stop chasing price-target chatter.

MRVL

Day's Gain $
$358.20
Day's Gain %
1.62%
Total Gain $
-$5,353.70
Total Gain %
-19.27%

Qty # 90 · Last Price $249.27 · Value $22,434.30 · Total Cost $27,788.00

Semis: MRVL is an AI-networking and custom-silicon leverage play, but with no fresh catalyst and a down-19% position, I would not chase a green tape here. Stay long only if you believe data-center capex keeps flowing into optical, switching, and custom ASICs; otherwise trim strength and move to cleaner AI supply-chain winners.

SPCX

Day's Gain $
-$3.16
Day's Gain %
-0.98%
Total Gain $
-$98.97
Total Gain %
-23.57%

Qty # 2 · Last Price $160.42 · Value $320.84 · Total Cost $419.81

Aerospace and space-infrastructure first: the Nasdaq-100 add is a flow event, but Falcon 9 reuse and Starlink launch cadence are the real operating leverage. At $160.42, down 0.98% today and down 23.57% in the position, I’d buy weakness in pieces and refuse to chase the inclusion pop because reusable rockets plus Starlink distribution are the margin engine here.

TSM

Day's Gain $
$352.60
Day's Gain %
4.06%
Total Gain $
-$492.20
Total Gain %
-5.17%

Qty # 20 · Last Price $451.79 · Value $9,035.80 · Total Cost $9,528.00

Semis are the trade today, but these headlines are fund-flow noise, not a real signal. TSM still owns the AI foundry choke point with CoWoS capacity and leading-edge margins doing the work, so I’d stay long and buy weakness in pieces.

WDC

Day's Gain $
$769.20
Day's Gain %
7.14%
Total Gain $
-$4,260.08
Total Gain %
-26.95%

Qty # 20 · Last Price $577.46 · Value $11,549.20 · Total Cost $15,809.28

Memory is back in play, and WDC rides that cycle through NAND pricing, enterprise demand, and capex discipline. Down 26.95% in the position, I would not chase a 7% rip; buy weakness in pieces, because the trade is on only if pricing keeps firming.

Watchlist

AVGO

BROADCOM INC COM

$373.90 $13.45 (3.73%)

Semis are being rewarded for durable customer contracts, and this Apple extension through 2031 gives Broadcom a longer cash-flow runway in custom silicon and connectivity. Watch Apple concentration and gross margins, but the setup improves on real demand visibility; I like this name on pullbacks, not after a 3.7% chase.

CBRS

CEREBRAS SYSTEMS INC COM CL A

$192.01 -$12.85 (-6.27%)

No fresh headlines means this is a sector reset, not company-specific confirmation: AI silicon lives and dies on margins, customer concentration, HBM, CoWoS, optical, and grid power. At $192 after a 6% hit, I watch it but do not chase it; the trade is on only when capacity and demand breadth get proven.

GLW

CORNING INC COM

$194.80 -$1.99 (-1.01%)

Specialty glass and optical are the story, and with no fresh headline this 1% dip does not change the setup. Watch AI data-center optical demand, display-glass pricing, and margin leverage; I like it only on weakness, not after a chase.

GOOGL

ALPHABET INC CAP STK CL A

$366.46 $6.55 (1.82%)

Alphabet joining the Dow is validation, not the thesis; the thesis is search cash flow funding AI capex while cloud margins keep expanding. Watch AI monetization, TAC pressure, and capex payback in cloud, because at +1.82% today I like waiting for weakness instead of chasing the index-add pop.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$52.59 -$1.16 (-2.16%)

Satellite services are consolidation mode, and IRDM buying Aireon is about locking up higher-value aviation data and PNT adjacency, not chasing consumer broadband hype. Watch integration costs and debt discipline first; if management can turn Aireon into recurring, margin-accretive revenue, I like the setup on weakness.

LITE

LUMENTUM HLDGS INC COM

$731.25 $2.93 (0.40%)

Optical is still the tell for LITE: AI data-center buildouts need bandwidth, but margins matter more than the tape when there are no fresh catalysts. Watch orders, gross margin recovery, and hyperscaler demand; I like the setup only on clean pullbacks, not a chase.

LRCX

LAM RESEARCH CORP COM NEW

$350.20 -$1.21 (-0.34%)

Semicap equipment is still an AI capex trade, and Lam lives right in the memory and HBM upgrade cycle where wafer starts and etch intensity matter. A down 0.34% move at $350.20 does not change the setup: watch order commentary, China controls, and whether foundry and memory customers keep spending.

NVDA

NVIDIA CORPORATION COM

$195.55 $0.72 (0.37%)

Semis are still the AI capex king, and NVDA at $195.55 is telling you the market already prices in share-loss fear while HBM, CoWoS, optics, and grid power remain the real choke points. Watch gross margins and hyperscaler orders; if they hold, Goldman’s bargain-price frame says the trade is on, booyah.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$132.54 $3.24 (2.51%)

Software AI is where the bill comes due: Karp attacking token pricing tells you Palantir wants value-based pricing while the rest of the stack fights runaway compute costs. Watch margins and customer expansion, because at $132 after another up day this only works if AIP turns AI spend into real operating leverage, not bubble math.

PWR

QUANTA SVCS INC COM

$674.04 $5.73 (0.86%)

Power infrastructure is the sector, and PWR is a clean way to play data-center load, utility hardening, and transmission buildout. No fresh headline means the +0.86% move changes nothing; buy weakness in pieces and watch backlog quality, margin conversion, labor availability, and grid-equipment pinch points.

Q

QNITY ELECTRONICS INC COMMON STOCK

$146.68 $4.93 (3.48%)

No fresh headlines, so this 3.48% pop is tape-driven, not a company-specific green light. I’d watch margins, customer concentration, and any capex pinch points before chasing $146.68; the trade is on only if fundamentals confirm.

RDDT

REDDIT INC CL A

$200.86 $6.19 (3.18%)

RDDT is an ad-tech and data-licensing story, and this headline says B2B buyers are moving into Reddit’s messy high-intent communities. At $200 after a 3% jump, watch whether they convert that traffic into pricing power without wrecking trust; I like the setup if ad load and margins keep expanding.