Markets Brief

Wednesday, May 6, 2026

Last updated 5:01 AM PT

Market Value

$137,198.45

Cost $124,689.83

Day's Gain

$0.00

0.00%

Total Gain

$12,508.62

10.03%

AI semis & memory

MU

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$5,606.00
Total Gain %
41.22%

Qty # 30 · Last Price $640.20 · Value $19,206.00 · Total Cost $13,600.00

Memory is the sector where the AI trade still has real pricing power, and MU keeps working because HBM demand and tight supply are pushing margins higher. With a 41% gain I’d trim a little into strength, but stay long the core because the trade is on as long as memory prices keep soaring.

NVDA

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,352.80
Total Gain %
-5.43%

Qty # 120 · Last Price $196.50 · Value $23,580.00 · Total Cost $24,932.80

AI semis are still the center of gravity, but this tape is getting selective, and NVDA has to keep proving the capex cycle is real through HBM, CoWoS, networking, and data-center demand. At down 5.43% on the position, I’d buy weakness in pieces if the thesis is AI infrastructure, because this is still an own it, don’t trade it name.

Hyperscaler

GOOGL

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$5,478.66
Total Gain %
10.38%

Qty # 150 · Last Price $388.43 · Value $58,264.50 · Total Cost $52,785.84

GOOGL is the hyperscaler with the cleanest AI setup right now: search cash flow funds the capex, Gemini keeps improving, and the market is finally paying for infrastructure plus distribution. Stay long, own it, don’t trade it, but don’t chase a flat tape after a 10% position gain unless the next print confirms margin discipline.

AI buildout — fiber, storage, power

GLW

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$112.56
Total Gain %
-1.37%

Qty # 50 · Last Price $162.10 · Value $8,105.00 · Total Cost $8,217.56

Optical is the AI bottleneck trade now, and Corning just got the Nvidia validation that turns fiber from boring glass into mission-critical data-center infrastructure. I like GLW on weakness in pieces, but after a 250% run this is own it, don’t chase it.

PWR

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$190.67
Total Gain %
5.20%

Qty # 5 · Last Price $771.61 · Value $3,858.05 · Total Cost $3,667.38

PWR is the picks-and-shovels way to own the AI power crunch: grid upgrades, transmission, substations, fiber, and storage all need Quanta before the data centers can hum. Up 5.20% in the position with no fresh catalyst, I stay long and buy weakness in pieces, because this is a capex-cycle name, not a headline trade.

SNDK

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$2,478.40
Total Gain %
21.39%

Qty # 10 · Last Price $1,406.32 · Value $14,063.20 · Total Cost $11,584.80

Storage is in the sweet spot of the AI buildout: memory pricing is ripping, SSD demand is firm, and Sandisk gets pulled higher when Micron proves the cycle has legs. Stay long, trim only if it gets silly, because this is a margins-and-capacity story now and the trade is still on.

AI thematic & data

RDDT

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$189.45
Total Gain %
3.82%

Qty # 30 · Last Price $171.63 · Value $5,148.90 · Total Cost $4,959.45

RDDT gets no fresh fundamental catalyst from these headlines; the GameStop chatter is meme-market adjacency, not Reddit data monetization, margins, or AI licensing power. I stay long the AI-data thesis, but I would not add on this tape until Reddit shows bigger enterprise data deals and cleaner ad leverage.

Watchlist

AAPL

APPLE INC COM

$284.18 $0.00 (0.00%)

Apple’s setup is about silicon leverage: if Intel really gets a piece of the chip roadmap, watch margins, supply security, and whether this is bargaining power against TSMC more than a strategic pivot. For a watchlist name at $284, I like waiting for proof in capex discipline and AI-device demand before chasing it; own the ecosystem story, don’t pay up for rumor smoke.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$208.84 $0.00 (0.00%)

ARM has no real signal in that headline, so this is a semiconductor IP story sitting on AI, mobile, and edge compute demand, not agriculture noise. Watch royalty growth, licensing momentum, and whether hyperscaler custom silicon keeps pulling ARM deeper into the data center; I like the setup on weakness, not on headline drift.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$135.91 $0.00 (0.00%)

PLTR is the AI software battleground stock, and a beat that still sells off tells you expectations are running hotter than the fundamentals. Watch commercial growth, government durability, and margin discipline; I like the story, but I would not chase this tape until the valuation cools or the next print proves the AI demand is real.