📊 The S&P 500 closed above 7,800 for the first time as chipmakers rallied and yields cooled. It rose 0.58% to a record 7,818.93, the Nasdaq added 0.45% to a record 27,599.79 and the Dow gained 0.49%. The 10-year yield fell 3 basis points to 5.281%. 💾 Marvell Technology ($MRVL) jumped 5.81% to $287.01 after guiding to $20 billion in fiscal 2028 revenue at its Investor Day, above the $18.17 billion FactSet consensus. For fiscal 2031 it sees $70 billion to $90 billion against a $47.04 billion estimate. The stock is up more than 242% this year. 💉 Option Care Health ($OPCH) soared 32.65% to $31.00 on a deal to be acquired by McKesson and Clayton, Dubilier & Rice for $32.05 a share in cash, an enterprise value near $5.8 billion. CD&R takes majority ownership and McKesson a minority stake. ⚛️ Constellation Energy ($CEG) jumped more than 6% on a 20-year nuclear power deal with Google. Alphabet will buy 890 megawatts of new nuclear capacity plus a separate 2,700-megawatt supply agreement, backing more than $4.3 billion in Constellation investment. 🔲 Advanced Micro Devices ($AMD) gained nearly 3% after Citi lifted its target to $800 from $575. Analyst Atif Malik sees the CPU market reaching $300 billion by 2030 and calls CPUs the new bottleneck in agentic AI, with AMD the primary beneficiary. 🚀 Goldman Sachs started SpaceX ($SPCX) at buy with a $230 target, implying 44.7% upside. Analyst Eric Sheridan thinks the AI segment estimates look conservative against Street numbers over the next 6 to 18 months, absent a broader correction in AI. 💽 Memory names went the other way as investors reassessed data center demand. Seagate ($STX) slumped 9.1%, Western Digital ($WDC) tumbled 6.9% and SanDisk fell almost 2%. 👨🏻💻 Researched and written daily by @timemino
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