Auxier Asset Management’s Q2 2026 letter shows the S&P 500 rebounding 15.2% on AI infrastructure spending, with industrial names Caterpillar and Gates Industrial emerging as surprise beneficiaries.
Marvell and Oracle shares slide as investors weigh AI slowdown signals and speculation over a possible Fed rate hike. Here’s what the numbers show and what it means for your portfolio.
Marvell Technology shares plunged about 8% and Micron Technology fell 5.2% to $924.90 as a fresh threat to the AI trade rattled semiconductor stocks on Monday.
Micron is set to report quarterly results with high-bandwidth memory demand from data centers driving expectations of another strong quarter.
Larry Ellison canceled a planned $7.5 billion sale of 50 million Oracle shares after ORCL fell roughly 22% year-to-date, signaling confidence in the stock.
Nvidia CEO Jensen Huang reaffirms his bold 2030 AI market forecast as Foxconn’s cloud and networking growth, plus $96.22 billion in Nvidia revenue, signal sustained demand.
Oracle added $30 billion in new AI contracts, fueling fresh optimism for Nvidia. But the fine print on margins and execution risk tells a more complicated story.
Apple and Taiwan Semiconductor announced a new cutting-edge chip, but analysts argue Nvidia offers greater upside as TSMC’s fastest-growing customer.
Corning executives say new Verizon and prior Lumen, Zayo deals are accelerating the company’s path toward a $20 billion revenue run rate under its Springboard plan.
The S&P 500 sits roughly 2% from its all-time high even as long-dated bond yields climb. Strategists say the reason behind the rise may explain why stocks are holding firm.
