To The Moon

After last week’s sharp technology sell-off, the market is showing signs of recovery. CoreWeave’s latest earnings have helped ease concerns about AI demand, but hotter-than-expected US inflation has created a new challenge for growth stocks.

I think today’s opportunities are worth looking at from two angles: whether AI infrastructure can sustain its recovery, and whether other sectors can attract investors looking beyond technology.

Here are four stocks on my watchlist.

1. $Corteva, Inc.(CTVA)$ – A non-tech earnings opportunity

Corteva is an agricultural science company focused on seeds and crop protection.

It is due to release its third-quarter results after the US market closes today. Analysts are expecting approximately $1.8 billion in revenue and earnings of around $0.09 per share.

I will be watching whether crop protection demand, pricing and operating costs are improving. Its outlook is particularly important because the company is going through a business transition following the separation of its seed business.

This is an interesting opportunity to watch outside the crowded AI trade, although earnings uncertainty remains.

2. $CoreWeave, Inc.(CRWV)$  – Is the AI infrastructure recovery real?

CoreWeave’s third-quarter revenue reached $3.66 billion, up approximately 168% year-on-year.

This is encouraging evidence that demand for AI computing remains strong.

However, the company has substantial debt and significant capital expenditure requirements. I would watch whether the market rewards its growth or remains concerned about financing costs and profitability.

3. $NVIDIA(NVDA)$  – Can investor confidence return?

Nvidia remains a major beneficiary of AI infrastructure spending, but recent governance concerns have weighed on its share price.

I would watch whether the stock stabilises and whether investors begin separating the company’s long-term business prospects from its current governance uncertainty.

Its next earnings report on November 17 will be another important catalyst.

4. $NEBIUS(NBIS)$ - Another important AI cloud test

Nebius is scheduled to report on November 12.

The key question is whether its rapid revenue growth can translate into sustainable profitability.

I would focus on its customer contracts, data-centre expansion, capital expenditure and cash position rather than revenue growth alone.

My trading strategy

I would not chase the latest market rebound. October CPI came in hotter than expected, with headline inflation rising 0.4% month-on-month and core inflation increasing 0.3%.

This could keep interest-rate expectations elevated and make highly valued growth stocks more volatile.

My approach would be:

• Watch CTVA’s earnings reaction for opportunities outside technology.

• Monitor CRWV for signs that AI infrastructure demand remains strong.

• Wait for Nebius’ results before making a decision on the AI cloud sector.

• Keep NVDA on the watchlist but look for greater clarity around governance concerns.

Final thoughts

The recent AI sell-off has reminded investors that strong industry growth does not automatically translate into attractive stock returns.

I believe the next market move will depend on earnings quality, cash generation and the ability to manage financing costs.

Rather than concentrating everything in technology, I would keep an eye on opportunities across different sectors and build positions gradually when valuations and fundamentals make sense.

For discussion purposes only. This is my personal market view, not financial advice or a recommendation to buy or sell any security.