🔁 Sector rotation kept markets choppy as the Dow (+0.5%) pushed higher while the S&P 500 (-0.5%) and Nasdaq (-1.5%) slid on renewed pressure in AI-heavy tech. Investors faded stretched semiconductor leaders like AMD despite strong earnings, rotating into energy, materials, staples, and utilities, which all outperformed as money moved from growth to value and defensives. 📉 Advanced Micro Devices ($AMD) plummeted nearly 17% today, marking its steepest daily decline since 2022 despite technically beating quarterly estimates. While revenue hit $10.3 billion, analysts were spooked by a massive "one-off" $390 million boost from China and a lackluster Q1 forecast that suggests AMD is struggling to gain ground against Nvidia’s dominant AI hardware. 🚀 Eli Lilly ($LLY) surged 9.2% to cross the historic $1 trillion market cap milestone following a blowout earnings report and a stunning 2026 outlook. The pharma giant projected 2026 revenue of up to $83 billionfar exceeding expectations as it prepares to launch a new weight-loss pill and enters a direct-to-consumer partnership with the government’s new "TrumpRx" platform. 📉 Micron ($MU) shares tumbled 11% today, falling back from recent all-time highs as the broader semiconductor sector felt the heat of the AMD-led sell-off. Despite the dip, the long-term thesis remains intact for many bulls following Micron’s massive $24 billion manufacturing investment in Singapore, though elevated valuations are making the stock a prime target for profit-taking in this volatile environment. 📈 Berkshire Hathaway ($BRK-B) ticked up 1.8% today, acting as a safe haven while the rest of the market's high-fliers came back to earth. Investors are piling into the conglomerate as a hedge against tech volatility, specifically cheering BNSF Railway’s $3.6 billion capital plan and Berkshire’s recent completion of the OxyChem acquisition. 👨🏻💻 Researched and written daily by @cleonn
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1 Comments
Lance LaPorte
@garion24601 · 8mo
Don't panic sell!
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