Markets Brief

Monday, July 27, 2026

Last updated 3:06 PM PT

Market Value

$182,040.45

Cost $239,993.08

Day's Gain

-$5,772.14

-3.07%

Total Gain

-$57,952.63

-24.15%

AI semis & memory

MU

Day's Gain $
-$1,245.00
Day's Gain %
-2.25%
Total Gain $
-$9,231.50
Total Gain %
-14.60%

Qty # 60 · Last Price $900.20 · Value $54,012.00 · Total Cost $63,243.50

Semis first: this is a China-capacity scare, not a broken AI-memory thesis; HBM pricing and AI server DRAM demand matter more than CXMT’s IPO pop. Stay long and buy weakness in pieces, because margin power comes from tight high-end supply, not commodity DRAM headlines.

AI buildout — fiber, storage, power

SNDK

Day's Gain $
-$1,583.30
Day's Gain %
-11.02%
Total Gain $
-$9,992.70
Total Gain %
-43.88%

Qty # 10 · Last Price $1,278.23 · Value $12,782.30 · Total Cost $22,775.00

Storage is in the AI buildout lane, but an 11% air pocket with no fresh headline says the market is de-risking the whole capex chain, not reacting to a company fact. At down 44% on the position, I would stop pretending this is a trade: either own the secular storage, fiber, and power thesis in smaller pieces or trim the bounce, because sponsorship is broken.

Other holdings

AMAT

Day's Gain $
-$968.00
Day's Gain %
-3.61%
Total Gain $
-$5,989.40
Total Gain %
-18.81%

Qty # 50 · Last Price $516.89 · Value $25,844.50 · Total Cost $31,833.90

Semi-cap equipment is under pressure, and with no fresh headlines this is a sector de-risking tape, not a company-specific reset. AMAT lives on fab capex, China exposure, and AI wafer demand; I’d hold a smaller core, stop averaging down blindly, and make it earn fresh money with cleaner order and margin signals.

AMD

Day's Gain $
-$540.00
Day's Gain %
-5.17%
Total Gain $
-$1,642.60
Total Gain %
-14.23%

Qty # 20 · Last Price $494.95 · Value $9,899.00 · Total Cost $11,541.60

Semis first: AMD is getting hit because earnings now have to prove AI server traction can clear the HBM, CoWoS, and margin hurdles, not because the Cerebras partnership is bad news. I like the strategic setup, but for an other holdings sleeve I'd buy weakness only in pieces and demand the print show real AI revenue conversion before sizing it up.

BE

Day's Gain $
$98.70
Day's Gain %
1.78%
Total Gain $
-$4,314.60
Total Gain %
-43.32%

Qty # 30 · Last Price $188.18 · Value $5,645.40 · Total Cost $9,960.00

Energy infrastructure is the AI sector pressure point, and BE sits right in the blast zone: grid strain, data-center load, and on-site power matter now while fusion is still a conference-stage future. At -43% total, I would not chase today’s 1.78% bounce; buy weakness in pieces, demand bookings and margin proof, and keep this in the speculative bucket until the AI power thesis shows up in numbers.

GEV

Day's Gain $
-$454.50
Day's Gain %
-1.79%
Total Gain $
-$2,316.25
Total Gain %
-8.51%

Qty # 25 · Last Price $996.57 · Value $24,914.25 · Total Cost $27,230.50

Power equipment is still where the capex is, but GEV got too rich and the profit miss gave sellers permission to reset the multiple. Own it, don't trade it; I would hold the core position and wait for proof that margins are intact before buying weakness in pieces.

INTC

Day's Gain $
-$97.50
Day's Gain %
-0.70%
Total Gain $
-$6,112.99
Total Gain %
-30.77%

Qty # 150 · Last Price $91.67 · Value $13,750.50 · Total Cost $19,863.49

Semis first: Intel has real AI data-center momentum, but after a quadruple the valuation is demanding and margins have to prove it. At $91.67 with the position still down 31%, I would not chase; trim strength, keep a core, booyah.

MRVL

Day's Gain $
-$455.40
Day's Gain %
-2.61%
Total Gain $
-$10,762.70
Total Gain %
-38.73%

Qty # 90 · Last Price $189.17 · Value $17,025.30 · Total Cost $27,788.00

Semis first: MRVL is an AI infrastructure name, but no fresh tape means today’s -2.6% is noise against the real issue, a position still down 39% and needing proof in custom silicon, optical, and data-center margins. I like discipline here: own a smaller core, buy weakness in pieces only if the AI order book holds, and trim if margins or customer concentration crack.

SPCX

Day's Gain $
-$3.14
Day's Gain %
-1.36%
Total Gain $
-$192.81
Total Gain %
-45.93%

Qty # 2 · Last Price $113.50 · Value $227.00 · Total Cost $419.81

Space is capital-hungry, headline-driven, and unforgiving when IPO buyers overpay; a clean Starship flight does not fix SPCX being down 46% in the position. I would not average down here just because the rocket worked: wait for real buyer support, tighter liquidity, and proof the market will pay for the asset, booyah.

TSM

Day's Gain $
-$86.40
Day's Gain %
-1.07%
Total Gain $
-$1,546.20
Total Gain %
-16.23%

Qty # 20 · Last Price $399.09 · Value $7,981.80 · Total Cost $9,528.00

Semis first: TSM is the tollbooth for AI capex, and one red day does not change the CoWoS, HBM-packaging, and leading-edge node scarcity story. At down 16% in the position, I’d buy weakness in pieces, not chase strength, because Taiwan risk is real but the margin engine still says own it, don’t trade it.

WDC

Day's Gain $
-$437.60
Day's Gain %
-4.21%
Total Gain $
-$5,850.88
Total Gain %
-37.01%

Qty # 20 · Last Price $497.92 · Value $9,958.40 · Total Cost $15,809.28

Storage is cyclical, and WDC needs NAND discipline and cloud HDD demand to show up in margins before it earns fresh capital. At -37% on the position with no fresh headlines, I would not average down here; trim strength and make it prove the turn.

Watchlist

AVGO

BROADCOM INC COM

$383.22 $1.30 (0.34%)

AI infrastructure is still the trade, and Alphabet's capex points straight at Broadcom's custom silicon and networking lanes. Watch CoWoS/HBM capacity, hyperscaler concentration, and AI revenue guidance; I like AVGO on weakness, not chasing every capex headline.

BE

BLOOM ENERGY CORP COM CL A

$188.18 $3.29 (1.78%)

Power is the trade, and Bloom sits in the grid scarcity lane with fuel cells, hydrogen optionality, and customers willing to pay for reliable electrons. JPMorgan’s target hike explains the pop, but at $188 I’d watch gross margins, backlog quality, and financing costs before chasing.

CBRS

CEREBRAS SYSTEMS INC COM CL A

$188.61 -$10.51 (-5.28%)

No fresh headlines means this is tape, not thesis, and a 5% down day without news makes me watch liquidity and sector pressure first. Watch whether $188 holds on real volume; if the business story is intact, the setup is buy weakness in pieces, not chase panic.

GLW

CORNING INC COM

$143.36 -$3.29 (-2.24%)

Specialty glass and optical materials are lagging today, and this headline says the market is not rewarding GLW versus the group. Watch margins, AI data-center optical demand, and display glass pricing; I like it only if weakness comes with better order momentum, not just a cheap-looking red day.

GOOGL

ALPHABET INC CAP STK CL A

$326.56 $6.82 (2.13%)

Mega-cap AI is in a spending revolt: Alphabet’s raised capex and negative free cash flow put the microscope on data-center returns, power, chips, and Cloud margins. The setup improves only when cash conversion catches the buildout; watch capex intensity, because that is the stock.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$45.96 $0.18 (0.39%)

Satellite connectivity is getting crowded, and Amazon’s 2028 direct-to-cell push using Globalstar spectrum says the trade is shifting to scale, spectrum, capex, and handset partnerships. For IRDM, watch margins and government/IoT stickiness; I like the name only if the moat is services, not just satellites.

LITE

LUMENTUM HLDGS INC COM

$711.96 -$51.03 (-6.69%)

Optical is the AI data-center choke point, and LITE’s drop does not kill the setup because Google and Amazon are still pushing fiber over copper. Watch hyperscaler order cadence, datacenter optical margins, and customer concentration; weak commentary there turns this from buyable weakness into a broken watchlist name.

NVDA

NVIDIA CORPORATION COM

$196.51 -$10.33 (-4.99%)

NVDA is getting hit because vendor-financing chatter around OpenAI raises the real question: balance-sheet risk, not MACD noise. AI semis still run on HBM, CoWoS, power, and cloud capex, so the trade is on watch for clean demand signals and tighter supply-chain bottlenecks.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$131.53 $8.61 (7.00%)

AI software is the sector, and PLTR’s 7% rip says the market still wants the pure-play AI operating system story. I like the name, but watch deal conversion, government concentration, and margins; don’t chase this green, buy weakness in pieces.

PWR

QUANTA SVCS INC COM

$620.28 -$5.56 (-0.89%)

PWR is a grid-and-data-center arms dealer, and that record backlog says the power bottleneck trade is still on despite today’s dip. Watch margins, labor capacity, and utility capex, because at this altitude any execution stumble gets punished fast.

Q

QNITY ELECTRONICS INC COMMON STOCK

$132.97 -$2.09 (-1.55%)

No fresh headlines means no new catalyst, and a 1.55% down day at $132.97 does not change the watchlist setup by itself. Watch margins, capex discipline, and customer concentration next; until then, the trade is patience, not action.

TSM

TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS

$399.09 -$4.32 (-1.07%)

TSM is still the AI foundry tollbooth, and a 1% dip does not change the setup when CoWoS capacity, HBM packaging, and hyperscaler capex remain the real swing factors. Watch whether AI infrastructure spending stays hot and whether any Taiwan or tariff noise hits margins; otherwise I like this name on weakness, booyah.