Markets Brief

Friday, May 15, 2026

Last updated 3:03 PM PT

Market Value

$123,511.35

Cost $115,520.68

Day's Gain

-$3,854.25

-3.03%

Total Gain

$7,990.67

6.92%

AI semis & memory

NVDA

Day's Gain $
-$521.00
Day's Gain %
-4.42%
Total Gain $
$545.30
Total Gain %
5.09%

Qty # 50 · Last Price $225.32 · Value $11,266.00 · Total Cost $10,720.70

AI semis are still the leadership group, but after a 20% one-month rip into May 20 earnings, NVDA is no longer sneaking up on anybody. I’d stay long, trim only if the position is oversized, and buy weakness in pieces if margins, data-center demand, HBM, CoWoS, and power commentary stay clean.

Hyperscaler

GOOGL

Day's Gain $
-$643.50
Day's Gain %
-1.07%
Total Gain $
$6,731.16
Total Gain %
12.75%

Qty # 150 · Last Price $396.78 · Value $59,517.00 · Total Cost $52,785.84

GOOGL is still a hyperscaler compounder, but at 28x forward earnings after a 12.75% position gain, the stock needs AI monetization and cloud margins to keep proving the premium. I’d stay long, trim nothing aggressive, and buy weakness in pieces because the Isomorphic raise shows Alphabet’s AI optionality is not just search ads, it is platform-level leverage.

AI buildout — fiber, storage, power

GLW

Day's Gain $
-$1,647.00
Day's Gain %
-7.91%
Total Gain $
$1,140.74
Total Gain %
6.32%

Qty # 100 · Last Price $191.81 · Value $19,181.00 · Total Cost $18,040.26

GLW is down hard today, but these headlines do not hit the AI fiber, data-center glass, or power thesis; the Sony Gorilla Glass mention is consumer glass noise, not the core driver. I like the AI buildout angle, but at +6% total I’d hold the position and only buy weakness in pieces if fiber and optical demand keep showing up in the numbers.

PWR

Day's Gain $
-$50.45
Day's Gain %
-1.29%
Total Gain $
$182.57
Total Gain %
4.98%

Qty # 5 · Last Price $769.99 · Value $3,849.95 · Total Cost $3,667.38

Utilities and grid infrastructure first: PWR is an AI power buildout toll road, and no fresh headlines means the thesis is intact, not broken. I’d stay long and buy weakness in pieces because data centers need substations, transmission, storage, and fiber before the AI revenue dream even turns on.

AI thematic & data

RDDT

Day's Gain $
$55.80
Day's Gain %
1.19%
Total Gain $
-$214.35
Total Gain %
-4.32%

Qty # 30 · Last Price $158.17 · Value $4,745.10 · Total Cost $4,959.45

RDDT is still an AI-data scarcity story, but with no fresh catalyst the trade is waiting on proof that licensing revenue can scale without denting core margins. I would stay long, not chase green, and buy weakness in pieces if the AI-data thesis keeps showing up in numbers.

Other holdings

BE

Day's Gain $
-$274.60
Day's Gain %
-9.05%
Total Gain $
-$265.50
Total Gain %
-8.78%

Qty # 10 · Last Price $275.95 · Value $2,759.50 · Total Cost $3,025.00

BE is getting hit hard today, and that tells me this is not a fundamentals headline move from the news you gave me, it is portfolio risk coming out of a high-multiple power name. I would not chase the bounce; I would only buy weakness in pieces if Marco still wants grid power exposure, because margins and project execution matter more here than a random WFH productivity story.

Q

Day's Gain $
-$137.80
Day's Gain %
-4.20%
Total Gain $
$44.60
Total Gain %
1.44%

Qty # 20 · Last Price $157.23 · Value $3,144.60 · Total Cost $3,100.00

No fresh headline catalyst, so this is a valuation and position-control tape: down 4.20% today with only a 1.44% total gain means the trade is losing sponsorship fast. I’d trim strength or hold only a core until fundamentals give us a real reason to press, because “other holdings” names do not get unlimited patience.

STM

Day's Gain $
-$297.00
Day's Gain %
-4.61%
Total Gain $
$178.50
Total Gain %
2.99%

Qty # 100 · Last Price $61.41 · Value $6,141.00 · Total Cost $5,962.50

STM is a cyclical semi, not an AI scarcity name, and down 4.61% with no fresh headline says this is tape pressure, not a thesis break. I would not chase more here; keep it as an other holding, demand proof of auto/industrial recovery and margin stabilization before making it bigger.

TSM

Day's Gain $
-$267.40
Day's Gain %
-3.20%
Total Gain $
-$20.80
Total Gain %
-0.26%

Qty # 20 · Last Price $404.35 · Value $8,087.00 · Total Cost $8,107.80

Semis first: TSM is the toll road for AI silicon, but at $404 after a big run, valuation is now the fight, not demand. I stay long, buy weakness in pieces, and watch CoWoS/HBM capacity and customer concentration because that is where the margin story either holds or cracks.

WDC

Day's Gain $
-$71.30
Day's Gain %
-1.46%
Total Gain $
-$331.55
Total Gain %
-6.44%

Qty # 10 · Last Price $482.02 · Value $4,820.20 · Total Cost $5,151.75

Storage has no fresh tape, so the sector read is simple: AI demand can help drives and NAND, but margins still live and die on pricing discipline and supply. WDC is not a chase here after a big run to $482.02; I’d hold the thesis, buy weakness in pieces, and make them prove the earnings power.

Watchlist

AMD

ADVANCED MICRO DEVICES INC COM

$424.10 -$25.60 (-5.69%)

AMD is getting hit with the semis even as the broader tech tape firms, so the trade is on only if AI server demand keeps pulling through and margins do not crack. Watch HBM supply, foundry capacity, and hyperscaler capex; I like the setup on weakness, but only in pieces.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$209.16 -$19.34 (-8.46%)

ARM is getting hit hard, but that headline is baseball noise, not Arm Holdings news, so ignore it completely. Watch semis first: if AI capex stays hot and royalty growth holds up, I like the setup on weakness, but at this valuation the trade is on only when fundamentals back the multiple.

AVGO

BROADCOM INC COM

$425.19 -$14.60 (-3.32%)

AI infrastructure is still the trade, and Cisco’s $5.3 billion hyperscaler order book says Broadcom’s networking, custom silicon, and optical exposure remain right in the power alley. Down 3.32% today does not break the setup; watch AI order durability, VMware margin lift, and any CoWoS or optical supply pinch because I like this name on weakness.

CHAT

ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF

$85.49 -$3.29 (-3.71%)

AI infrastructure is still screaming for memory, and that keeps the setup alive for anything tied to DRAM demand, HBM supply, and data-center capex. CHAT down 3.7% does not change the thesis; watch whether the company can show real leverage to the memory bottleneck instead of just riding the AI headline trade.

GEV

GE VERNOVA INC COM

$1,049.23 -$41.30 (-3.79%)

Aerospace is still the cleanest industrial lane, but GEV is grid and power equipment, not the GE Aerospace engine winner in this Boeing headline. Watch for whether this dip creates a better entry around power demand, turbines, and grid capex, because the secular setup is still booyah even if today’s headline is not the catalyst.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$41.62 -$1.81 (-4.17%)

Satellite services are selling off, but IRDM has real aviation tailwinds with the $367M Iridium-Aireon deal pointing to sticky aerospace demand. Watch backlog conversion, free cash flow, and whether aviation data growth can offset a risk-off tape in space and telecom names.

LITE

LUMENTUM HLDGS INC COM

$970.70 -$31.11 (-3.11%)

Optical is still the tell for AI infrastructure, and with no fresh headlines this pullback is about multiple compression, not a broken thesis. Watch order growth, datacenter mix, and margin leverage; if those hold, I like this name on weakness, booyah.

LRCX

LAM RESEARCH CORP COM NEW

$284.72 -$14.43 (-4.82%)

LRCX is getting hit with semis, but that headline is apparel noise, not Lam Research news. Watch wafer-fab equipment orders, memory capex, China restrictions, and HBM-driven tool demand; if those stay firm, I like this name on real weakness, not on fake headlines.

SIMO

SILICON MOTION TECHNOLOGY CORP SPONSORED ADR

$259.99 -$3.86 (-1.46%)

SIMO is a NAND-controller play, so watch handset and PC demand, SSD inventory digestion, and gross margin discipline first. Cramer headline gives it visibility, but with the stock off today, I’d wait for a cleaner memory-cycle inflection before chasing it.