Markets Brief

Thursday, August 6, 2026

Last updated 3:05 PM PT

Market Value

$76,086.00

Cost $77,686.36

Day's Gain

-$702.00

-0.91%

Total Gain

-$1,600.36

-2.06%

AI semis & memory

MU

Day's Gain $
-$117.20
Day's Gain %
-1.31%
Total Gain $
-$9.90
Total Gain %
-0.11%

Qty # 10 · Last Price $881.47 · Value $8,814.70 · Total Cost $8,824.60

AI semis are taking a sentiment hit from Burry’s Nvidia short, but MU is still about HBM supply, DRAM pricing, and cloud capex pulling high-margin bits. I stay long, buy weakness in pieces, and own it, don’t trade it unless HBM momentum breaks.

NVDA

Day's Gain $
-$23.00
Day's Gain %
-0.10%
Total Gain $
$74.03
Total Gain %
0.34%

Qty # 100 · Last Price $218.99 · Value $21,899.00 · Total Cost $21,824.97

AI semis are still the leadership group, and Nvidia remains the toll collector because the ecosystem, CUDA lock-in, and full-stack datacenter pull keep margins and demand ahead of erosion. With the stock flat today after a five-day 15% run, own it, don’t trade it, and add only on weakness while watching HBM supply, CoWoS capacity, and customer concentration.

Other holdings

AMZN

Day's Gain $
-$39.00
Day's Gain %
-0.14%
Total Gain $
-$951.00
Total Gain %
-3.38%

Qty # 100 · Last Price $272.26 · Value $27,226.00 · Total Cost $28,177.00

AMZN is a commerce, ads, and AWS margin story, not an Uber read-through or a one-day chip stumble, and -3.38% position pain is noise. Own it, don’t trade it; buy weakness in pieces while margins, AI capex discipline, and AWS demand stay firm.

BE

Day's Gain $
-$107.40
Day's Gain %
-2.29%
Total Gain $
-$144.60
Total Gain %
-3.06%

Qty # 20 · Last Price $228.96 · Value $4,579.20 · Total Cost $4,723.80

Clean energy plus data-center power is the sector, and Bloom still has the on-site power angle while grid capacity stays tight. At -3% in the position, I'd stay long but only buy weakness in pieces until margins and signed demand prove the story; own it, don't chase it.

SKHY

Day's Gain $
-$375.00
Day's Gain %
-4.97%
Total Gain $
-$443.50
Total Gain %
-5.82%

Qty # 50 · Last Price $143.53 · Value $7,176.50 · Total Cost $7,619.99

Semis are the game, and SKHY at 3.6x forward sales with a record 76% margin is not a broken story; it is debut volatility. Buy weakness in pieces, keep size honest, and watch HBM supply, CoWoS bottlenecks, and customer concentration because that is where the next move gets made.

TSLA

Day's Gain $
-$40.40
Day's Gain %
-0.63%
Total Gain $
-$125.40
Total Gain %
-1.92%

Qty # 20 · Last Price $319.53 · Value $6,390.60 · Total Cost $6,516.00

Consumer discretionary plus AI optionality, not a clean auto story; margins and capex matter more than recycled move-up headlines, and TSLA has not earned a chase at $319. Own it small, don’t trade it big: buy weakness in pieces only when margins stabilize and autonomy spend turns into real revenue.

Watchlist

AVGO

BROADCOM INC COM

$420.56 $2.29 (0.55%)

Semis are still an AI-infrastructure tape, and for Broadcom the watch is custom silicon, networking demand, and VMware margin lift. A half-percent move does not change the setup; I like this name on weakness if hyperscaler capex and CoWoS/HBM supply keep lining up.

BE

BLOOM ENERGY CORP COM CL A

$228.96 -$5.37 (-2.29%)

Power is the AI bottleneck, and Bloom is sitting in the right sector at the right time. After a 460% run, I want backlog quality, hyperscaler contracts, and margin expansion before chasing it; this dip is a watch, not a rush.

CBRS

CEREBRAS SYSTEMS INC COM CL A

$211.30 -$3.00 (-1.40%)

AI infrastructure is still the trade, but CBRS has a revenue-quality problem to clear before it earns a premium multiple. Watch the warrant disclosure, true data-center pass-through economics, and gross-margin durability; until that is clean, I like the sector more than this name here.

GLW

CORNING INC COM

$157.18 $0.48 (0.31%)

Optical materials are still an AI-infrastructure story, and for Corning the watch is whether fiber, optical connectivity, and display glass margins can keep expanding without capex eating the upside. At $157.18 after a flat day, the setup is unchanged: I like watching weakness, but the trade is on only if orders and margins confirm.

GOOGL

ALPHABET INC CAP STK CL A

$357.75 -$4.68 (-1.29%)

GOOGL is a mega-cap AI platform story, and Berkshire’s $29 billion stake is a confidence signal, not a reason to chase one soft tape day. Watch Cloud growth, Search margins, YouTube ads, and AI capex payback; if operating leverage shows up, I like this name here.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$48.31 -$0.06 (-0.12%)

Space is back on the tape, but IRDM has to win on boring fundamentals: subscriber growth, service revenue durability, and capex discipline after Q2. At $48, I like it on weakness, not as a chase, because cash generation beats satellite romance every time.

LITE

LUMENTUM HLDGS INC COM

$838.06 $11.80 (1.43%)

Optical is where the hyperscaler capex dollars are going, and Lumentum is levered to that Google/Amazon push away from copper. I like this name here on weakness, but watch margins, CoWoS/HBM adjacency demand, and customer concentration before chasing the move.

NVDA

NVIDIA CORPORATION COM

$218.99 -$0.23 (-0.10%)

Semis first: NVDA is still the AI toll road, and a five-day, 15% run says investors are underwriting datacenter demand, HBM and CoWoS access, and margins. For a watchlist, I would not chase a flat day at $218.99; the trade is to buy weakness in pieces if capex stays hot and supply stays tight.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$155.92 -$2.51 (-1.58%)

AI software is still the hot sector, but PLTR after a near-30% Q2 surge is no clean chase at $155.92. Watch margins, commercial growth, and AIP demand turning into billings; I like the name, but the trade is on only if the fundamentals keep outrunning the multiple.

PWR

QUANTA SVCS INC COM

$667.84 -$15.15 (-2.22%)

The grid buildout is still the trade, and PWR is tied right into data-center power demand with record backlog and capacity expansion doing the heavy lifting. A 2% down day after a 60% YTD rip does not break the setup, but watch backlog conversion, labor capacity, and margin discipline before chasing it.

Q

QNITY ELECTRONICS INC COMMON STOCK

$133.37 -$2.27 (-1.67%)

Electronic materials are the tell here: listen at Deutsche Bank for margins, China exposure, and AI-linked demand in advanced packaging. At $133.37 down 1.67%, the setup is not broken; I’d watch the Aug. 26 commentary before saying the trade is on.