To The Moon

US markets are entering another important trading session, with investors balancing AI spending concerns, earnings announcements and uncertainty surrounding the US midterm elections. Monday’s session ended with mixed results. The S&P 500 slipped 0.52%, while the Nasdaq fell 1.1%. Technology and AI-related shares remained under pressure, suggesting investors are becoming more selective about companies exposed to the AI investment cycle. Here are five stocks I am watching today. 1. $Advanced Micro Devices(AMD)$  – The Biggest Earnings Test AMD is at the top of my watchlist ahead of its earnings announcement after today’s market close. The company has guided for approximately $13 billion in quarterly revenue and a non-GAAP gross margin o

The AI investment boom is creating enormous opportunities for semiconductor manufacturers, cloud providers and data-centre operators. But there is another side to this expansion that deserves more attention: how are these companies financing it, and what happens if the expected returns take longer to arrive? On Monday, Oracle led a group of 18 companies issuing bonds in the US high-grade corporate bond market. This was the largest number of issuers entering the market in a single day since September 8. Dealers also expected total US investment-grade bond issuance to reach approximately $45 billion for the week. The timing, ahead of the US midterm elections and Friday’s non-farm payrolls report, is notable. Companies may be taking advantage of a favourable financing window before potential

Technology stocks are facing pressure at a time when investors have several reasons to reassess their exposure. On Monday, the Nasdaq-100 tracking ETF QQQ fell 1.37%, while the S&P 500 declined 0.52%, reflecting continued weakness in parts of the technology sector. The upcoming US midterm elections add another layer of uncertainty. All 435 House seats and 35 Senate seats are being contested, and the results could influence expectations around corporate taxes, technology regulation, AI data-centre permits and government spending. However, I don’t think the election itself is the only issue investors should be watching. The bigger concern is how political uncertainty interacts with already elevated expectations for technology earnings and AI infrastructure investment. 1. Elections create

$Apple(AAPL)$ delivered a strong headline result, but the share-price reaction suggests investors wanted more. Revenue reached $114.5 billion, up 12% year over year, while EPS of $2.10 exceeded expectations. Despite the beat, shares fell 1.88% on Monday and another 2.78% after the earnings announcement. This highlights an important issue for Apple investors: beating quarterly estimates is not necessarily enough when expectations and valuation are already high. The market is looking beyond the latest numbers. It wants evidence that Apple can maintain its growth rate, protect profitability and create new sources of demand. 1. Look beyond the headline earnings beat The $2.10 EPS result included a $0.05 benefit from a tariff refund. Although this

$Advanced Micro Devices(AMD)$ 7.59% share-price decline on Monday, ahead of Tuesday’s earnings announcement, puts the spotlight on a familiar problem in the semiconductor sector: even strong business performance may not be enough when expectations are already high. AMD has guided for approximately $13 billion in Q3 revenue, plus or minus $300 million, and a non-GAAP gross margin of 54.5%. With analyst consensus now at $13.22 billion in revenue and $1.97 EPS, investors are looking beyond whether the company meets its guidance. They want to know what comes next. 1. The gap between guidance and expectations The revenue consensus is already slightly above AMD’s midpoint guidance. That means simply delivering the expected result may not create much

$Palantir(PLTR)$ Q3 Earnings Mark a Major Turning Point: AI Commercial Demand Is Changing the Business Palantir Technologies has delivered another exceptional quarterly performance, reinforcing its position as one of the major beneficiaries of the AI adoption cycle. But there is something particularly important about this latest report that deserves more attention than simply looking at the headline revenue growth. For the first time in the company’s history, US commercial revenue has surpassed US government revenue. This is significant because Palantir was traditionally known for providing data analytics and software solutions to government agencies, intelligence organisations and the military. Its commercial business is now becoming an incr

Apple’s first earnings report under its new CEO delivered a mixed picture. The company provided a better-than-expected revenue outlook for the upcoming holiday quarter, supported by resilient iPhone demand. However, weaker results in Greater China and the iPad business raised questions about the strength and breadth of its overall growth. The market reaction was particularly interesting. Apple expects revenue for its fiscal first quarter, ending in December, to increase by 7%–10%, comfortably ahead of the 6.1% growth analysts had forecast. Ordinarily, guidance above expectations would be viewed positively. Instead, Apple shares fell approximately 4% after hours. This suggests the issue may not be whether Apple is growing, but whether it is growing fast enough to justify the expectations al

The AI trade is facing another reality check. The Nasdaq Composite fell 2.86%, as concerns emerged around the financing requirements of major AI companies. Reports that OpenAI’s fundraising commitments fell short of its original target, alongside a negative Wall Street assessment of Anthropic’s financial position, have added to investor anxiety. For much of the past year, the market has rewarded companies connected to AI expansion. Semiconductor manufacturers, cloud providers and data-centre operators have benefited from expectations of enormous future demand. But investors are beginning to ask a more difficult question: how much capital can the AI industry continue absorbing before the financial returns become visible? I think this is an important turning point for the sector. 1. AI deman

I would lean towards waiting for clearer evidence of a recovery rather than buying COIN purely in anticipation of higher trading volumes. However, Coinbase’s latest results make the investment case more interesting than a simple bet on crypto prices.

The latest market weakness suggests investors are becoming more selective. With the Nasdaq falling 2.86%, the S&P 500 down 1.82% and the Dow losing 1.09%, the sell-off is no longer limited to a few speculative technology names. I think this is an important week to look beyond the biggest AI stocks and identify companies with different earnings drivers. Here are four names on my watchlist. 1. $Amazon.com(AMZN)$  – Cloud Growth and Profitability Amazon remains interesting because its investment story extends beyond online retail. AWS is a major growth driver, while advertising provides another source of higher-margin revenue. I will be watching whether cloud demand continues to justify its substantial infrastructure investment. Strong