Markets Brief

Wednesday, May 6, 2026

Last updated 3:01 PM PT

Market Value

$151,762.65

Cost $135,392.96

Day's Gain

$3,434.77

2.32%

Total Gain

$16,369.69

12.09%

AI semis & memory

MU

Day's Gain $: $762.60
Day's Gain %: 2.94%
Total Gain $: $6,368.60
Total Gain %: 31.38%

Qty # 40 · Last Price $666.59 · Value $26,663.60 · Total Cost $20,295.00

Micron Stock (MU) Forecast: Why One Analyst Sees 73% Upside While Another Warns of a 30% Drop - TipRanks
‘It’s Not Too Late,’ Says Investor as Micron Stock Rally Continues - TipRanks

Semis first: MU is still an AI memory winner because HBM demand, DRAM pricing, and tight supply matter more than the scary upside-downside headline spread. After a 31% position gain I’d trim a little strength, keep the core, and buy weakness in pieces because the trade is still on.

NVDA

Day's Gain $: $566.50
Day's Gain %: 5.77%
Total Gain $: -$329.20
Total Gain %: -3.07%

Qty # 50 · Last Price $207.83 · Value $10,391.50 · Total Cost $10,720.70

AI semis are still the lead dog, and that Corning optical deal says Nvidia is locking down the real pinch point: networking, glass, CoWoS-adjacent supply, not just GPUs. Custom chips from hyperscalers are the bear case, but at -3% on the position after a +5.77% day, I stay long and buy weakness in pieces because the capex wave still runs through Nvidia.

Hyperscaler

GOOGL

Day's Gain $: $1,441.50
Day's Gain %: 2.47%
Total Gain $: $6,920.16
Total Gain %: 13.11%

Qty # 150 · Last Price $398.04 · Value $59,706.00 · Total Cost $52,785.84

GOOGL is the hyperscaler with the cleanest AI margin story: owned TPU stack, search cash flow, YouTube leverage, and cloud scale without paying Nvidia rent on every incremental workload. Stay long, trim only if it gets silly versus earnings power, because the trade is on and this is an own-it-don’t-trade-it name here.

AI buildout — fiber, storage, power

GLW

Day's Gain $: $762.60
Day's Gain %: 5.54%
Total Gain $: $650.04
Total Gain %: 4.68%

Qty # 80 · Last Price $181.57 · Value $14,525.60 · Total Cost $13,875.56

Optical is the AI bottleneck and Nvidia just validated Corning as a mission-critical supplier, so GLW moves from sleepy materials to picks-and-shovels AI infrastructure. I like this name here, but after a 5.5% pop I’d buy weakness in pieces because capacity expansion and margins matter more than one headline, booyah.

PWR

Day's Gain $: $68.15
Day's Gain %: 1.77%
Total Gain $: $258.82
Total Gain %: 7.06%

Qty # 5 · Last Price $785.24 · Value $3,926.20 · Total Cost $3,667.38

PWR is still the clean picks-and-shovels play on AI power demand: grid hardening, transmission, renewables interconnects, and data-center electrical work all point to durable backlog. At +7% in the position I stay long, but I would add only on weakness because the stock is already getting paid for flawless AI-infrastructure execution.

SNDK

Day's Gain $: $36.60
Day's Gain %: 0.26%
Total Gain $: $2,515.00
Total Gain %: 21.71%

Qty # 10 · Last Price $1,409.98 · Value $14,099.80 · Total Cost $11,584.80

Storage is now front-and-center in the AI capex chain, and Cramer putting SanDisk next to Oracle says the market is judging whether AI spending is broadening beyond chips into drives, data centers, and power. I like SNDK here but after a 21.71% gain I would trim a little strength and keep the core, because the trade is on as long as memory pricing and enterprise SSD demand stay tight.

AI thematic & data

RDDT

Day's Gain $: -$152.10
Day's Gain %: -2.95%
Total Gain $: $37.35
Total Gain %: 0.75%

Qty # 30 · Last Price $166.56 · Value $4,996.80 · Total Cost $4,959.45

Internet platforms: RDDT is down, but the thesis is intact because marketers are waking up to Reddit as a serious intent and brand-signal platform, and that is exactly the data moat AI buyers care about. I like this name on weakness in pieces, but I’d demand proof that ad load, licensing revenue, and moderation costs keep expanding margins before getting aggressive.

Watchlist

AAPL

APPLE INC COM

$287.51 $3.33 (1.17%)

Intel Stock Jumps on Potential Apple Chip Deal - Yahoo Finance

Semis first: an Apple-Intel chip deal would be a bigger tell for Intel foundry credibility than for Apple’s near-term numbers. For AAPL, watch whether this is real supply-chain leverage or just noise, because the setup still comes down to iPhone demand, services margins, and AI device refresh.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$237.30 $28.46 (13.63%)

Arm Earnings Today: Stock Is Pricey; Results Will Be a Test - Barron's

Semis are in risk-on mode, but ARM at $237 after a 13.6% rip is all about whether earnings justify the premium multiple with real royalty growth, AI handset/server traction, and margin leverage. Watch the print and guide; if the numbers only “meet,” the trade is off, but if licensing momentum accelerates, I like this name on weakness.

MSFT

MICROSOFT CORP COM

$413.96 $2.58 (0.63%)

Microsoft Just Launched a Major Voluntary Buyout -- What It Signals for Investors and the Future of Its Workforce - The Motley Fool

Software first, costs in focus, and this buyout says Microsoft is protecting margins while it keeps spending hard on AI infrastructure. Watch whether Azure growth and Copilot monetization outrun the workforce disruption; I like this name on weakness, but the trade is on only if margins hold.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$133.79 -$2.12 (-1.56%)

Palantir stock tumbles as Q1 revenue, profit beats fail to impress - Yahoo Finance

AI software is still the hottest lane, but PLTR is priced for perfection, and a beat that cannot lift the stock tells you expectations outran fundamentals. Watch commercial customer growth, government durability, and whether margins can hold while AI demand scales; I like the story, but the trade is on only after the multiple cools off.