$SPDR S&P 500 ETF Trust(SPY)$ $iShares Biotechnology ETF(IBB)$ AI disruption in biotech is already happening, and $Eli Lilly(LLY)$  looks like the clear leader right now. They're using deep structural AI to accelerate drug development through the partnership with $Alphabet(GOOG)$  Isomorphic Labs and Genetic Leap. The company is already in high-margin commercial markets, has a bulletproof balance sheet, and the AtaiBeckley acquisition gives them a lead in the psychedelic drug space, which I think could be a blockbuster. I've been waiting for a decent pullback from the highs, and picked up some shares

$American Fusion Inc.(AMFN)$ I'm thinking about buying this before it really takes off. The idea of $Amazon.com(AMZN)$  and $Alphabet(GOOG)$  using this kind of safe technology for their data centers, instead of going through the trouble of building nuclear power plants, seems like a big catalyst to me.

$Alphabet(GOOG)$ It is good to see hyperscalers getting rewarded for their capex as they build toward a better future. Innovations push society forward, laying the groundwork for automation, robotics, drug discoveries, and quantum computing. There is no free lunch.

$Alphabet(GOOG)$ Looks like the market is slowly waking up, one percentage point at a time. GOOG is about as close to a guaranteed AI winner as you can find.

$Alphabet(GOOGL)$ $Alphabet(GOOG)$ $Meta Platforms, Inc.(META)$  seems to be recovering its losses now, while GOOGL just keeps sinking deeper into the red. This price action makes no sense. Do people actually think Google is the worst AI company out there right now? Basically everyone else is up 8-10% including Oracle, AMZN, MSFT, and now even META is clawing back its losses. Just great.

$Alphabet(GOOGL)$ $Alphabet(GOOG)$ It looks like the setup is fading every time it touches 335. Whether AMZN releases good earnings or poor, I wouldn't be surprised if they push it down further.

$Alphabet(GOOG)$ I stepped away during lunch, saw the market reaction, sold my puts and repositioned into calls, listened to Warsh's answers, then went to pick up some fishing gear with my boys. After the close I see my puts would have been up and now my calls are way down. What kind of regulated market is this. Oh well. It's not personal, it's just pretzels.

$NVIDIA(NVDA)$ This could be close to $220 right before earnings. Huang seems to be showing up everywhere, and just from his body language, it feels like one of the best earnings reports is coming, better than ever. Bank of America said the same in their latest note with a $350 price target.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Price action on $Alphabet(GOOG)$  pretty much tells the whole story right now. $Microsoft(MSFT)$  and $Meta Platforms, Inc.(META)$  can burn cash after hours and the market just shrugs it off. Everything gets forgiven. Bears should probably be very careful at this point.

$Alphabet(GOOGL)$ $Alphabet(GOOG)$  Ended the session on a strong note. This stock never should have dropped this much. Weak hands just create more opportunity for others — it's that simple. I think 350 is coming very soon, and 450 by end of year.

$NVIDIA(NVDA)$ NVDA looks set to head toward 214. That might take some pressure off the broader semis space, including SOXL, AMD, and NBIS.

The market might still be underestimating hyperscalers. Morgan Stanley estimates they're generating 31% ROIC in AI infrastructure businesses and 25%-46% ROIC in AI inference businesses. If those numbers hold, the AI capex story looks very different. A lot of the focus has been on how much companies are spending on data centers, GPUs, and infrastructure. But the bigger question is what kind of returns those investments will actually produce. If AI infrastructure spending is generating strong returns, the largest cloud companies could see massive free cash flow expansion over time. Names worth watching: $Microsoft(MSFT)$ , $Alphabet(GOOG)$ , $Amazon.com(AMZN)

$ServiceNow(NOW)$ $Microsoft(MSFT)$  I'm hoping Microsoft's earnings can give the broader software space a lift. If that happens, the rotation into software could actually gain some traction.

$Alphabet(GOOG)$ Amazon Web Services and Microsoft Azure still hold larger overall market shares, but Google Cloud is seeing a major financial and structural acceleration right now. As of mid-2026, Google Cloud is growing faster than any of its major competitors, driven almost entirely by the enterprise shift toward Artificial Intelligence. Here is why Google Cloud looks positioned for sustained, long-term success in the cloud market: 1. The Enterprise AI "Super-Cycle" Google is successfully translating its foundational AI research into practical products that massive corporations are heavily adopting. Explosive Revenue Growth: In Q2 2026, Google Cloud revenue surged 82% year-over-year to $24.8 billion, significantly outpacing analyst expecta

$NVIDIA(NVDA)$  Another red day across the MAG 10, but I'm not reworking my long-term watchlist over one session. PLTR -2.2%, AAPL -1.75%, AMD -1.25%, NVDA -1.0%, AVGO -1.0%. When quality names pull back together like this, I pay more attention, not less. I'm not trying to nail the exact bottom, but these are the moments when my watchlist gets more interesting. Sometimes the best setups appear when sentiment is at its weakest.

$SUPER MICRO COMPUTER INC(SMCI)$ $NVIDIA(NVDA)$ Put-to-call ratio is one of my favorite leading indicators. It's at an extremely low 0.19, which is very encouraging.

$SUPER MICRO COMPUTER INC(SMCI)$ $Alphabet(GOOG)$  The company looks set to increase capex again. Stubborn shorts could be in for a tough time. There's no reason to panic yet.

$Alphabet(GOOG)$  It's pretty wild to think that Google's capex announcement tomorrow could either tank chip and memory stocks or send them up 10%. That's some serious kingmaker power right there.

Microsoft ($Microsoft(MSFT)$ ) is trading around $398.00, and the lithography leader ASML ($ASML Holding NV(ASML)$ ) is up +4.74% to $1,821.50, absorbing short-term volatility above key demand zones. The expansion of the AI ecosystem is the main theme. $Microsoft(MSFT)$ 's support for Mistral is strengthening European AI adoption, while $ASML Holding NV(ASML)$  continues to benefit from long-term semiconductor capex and advanced chip demand. The market always leaves clues, and learning to recognize them is key. Watching support levels and capital flows remains critical.

$Alphabet(GOOG)$  $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ It's a bit ironic that big tech stocks are selling off when they're the ones funding most of the AI innovation and growth, and they're also the ones positioned to capture the rewards from it.