$CoreWeave, Inc.(CRWV)$  $Lumentum(LITE)$  $Bloom Energy Corp(BE)$ $NVIDIA(NVDA)$   When semiconductor stocks sell off, it’s tempting to assume the AI trade is losing momentum. But look at Thursday’s movers. CoreWeave jumped 11.72%, Lumentum surged 11.04%, Bloom Energy gained 9.63%, and Nebius climbed 7.73%, even as chip stocks came under pressure. My question: Is the market abandoning AI, or shifting its attention to the infrastructure needed to make AI work? I see four very different investment stories emerging. 🔌 1. Lumentum ($LITE): The connections behind AI AI data centres need more

$Micron Technology(MU)$  $SanDisk Corp.(SNDK)$  $SK hynix(SKHY)$   Samsung just delivered a record quarter, with operating profit reportedly reaching around 107.4 trillion won. Yet memory stocks sold off on Thursday. SanDisk fell 4.90%, Micron dropped 4.79%, and SK Hynix lost 4.35%. At first glance, this seems contradictory. If memory demand is strong enough to generate record profits, why are investors selling? The answer may lie in what happens next, not what has already happened. 1. The market trades on expectations Stock prices reflect expectations about future earnings, not simply how much money a company made last quarter. Samsun

$Advanced Micro Devices(AMD)$  $NVIDIA(NVDA)$  $Broadcom(AVGO)$ $Intel(INTC)$   Thursday’s sell-off raises an interesting question. If AI chip demand still exceeds supply, why are semiconductor stocks falling? Intel dropped 5.34%, Broadcom lost 4.35%, AMD fell 3.90%, and Nvidia declined 2.94%, according to the figures reported in the market update. Meanwhile, AMD CEO Lisa Su has indicated that AI chip demand continues to exceed supply, with production constrained by factors including high-bandwidth memory (HBM), advanced packaging and wafer capacity. The interesting part is that strong d

Not every growth opportunity comes from technology. Sometimes, it comes from a consumer brand trying to win space on supermarket shelves. Today’s stock to watch: $Celsius Holdings, Inc.(CELH)$   Celsius makes energy drinks marketed around fitness and active lifestyles. Its challenge is to turn brand recognition into sustainable sales growth while competing against established giants such as Red Bull and Monster Beverage. 🥤 1. A growing category Energy drinks have become a mainstream consumer product. Celsius has an opportunity to attract customers looking for alternatives to traditional energy drink brands. 📈 2. Distribution is the key Getting more shelf space and reaching more retailers can expand sales. But investors need to watch

Everyone knows Nvidia. Far fewer investors know $Penguin Solutions, Inc.(PENG)$  That’s exactly why I’m watching it. So what does PENG actually do? Penguin Solutions helps customers build, deploy and manage AI data centres. It combines AI computing infrastructure, advanced memory, infrastructure software and services to help enterprises, sovereign AI projects and neocloud providers scale AI workloads.  In simple terms: Nvidia provides the engines. PENG helps build and operate the factory around them. And the latest numbers show why this is getting interesting. PENG reported $567 million of quarterly revenue, up 68% year over year, while adjusted EPS reached $1.00, up 133%. Its memory business was particularly strong, with quarterly sale

The S&P 500 has crossed another psychological milestone — closing above 7,800 for the first time at 7,818.93. The Nasdaq also hit a record, while the Dow continues to lag.  But at these levels, the question is changing. It’s no longer just “Can the market go higher?” It’s “Can earnings justify where the market is already trading?” Q3 earnings season starts next week, and expectations are high. Analysts are looking for roughly 30% year-over-year S&P 500 earnings growth, with technology expected to be one of the biggest contributors.  That creates a fascinating setup. If companies deliver strong revenue, margins and guidance, the record highs could look increasingly justified. But if earnings merely meet expectations without raising the outlook, investors may start asking whether t

Semiconductors are rallying, but memory stocks are suddenly moving in the opposite direction. $SK Hynix fell 6.39%, while $Seagate dropped 9.18%, $Western Digital lost 6.93%, $SanDisk slipped 2.56% and $Micron fell 1.73%. So what changed? The biggest concern appears to be supply. Reports that Toshiba plans to significantly expand its storage capacity have investors questioning whether today’s tight market could eventually become oversupplied. That hit storage names particularly hard.  There is also a second concern: power and execution. AI data centres need enormous amounts of electricity, and bottlenecks in power infrastructure could delay both data-centre deployments and the memory demand investors are counting on. But there is a bullish counterargument. AI demand hasn’t disappeared. Sa

The AI trade may be entering its next phase. For years, the focus was on GPUs, chips and data centres. Now the market is increasingly looking at something much less glamorous — power. $Vistra Energy (VST) jumped 10.77% to $160.50 after the U.S. Energy Department announced a loan of up to $4.2 billion to support efficiency upgrades across six nuclear reactors at four existing plants. At the same time, $Nebius (NBIS) gained 7.44% following an inference-related order. Different businesses, but potentially the same bigger story: More AI compute = more electricity demand. That creates an interesting link between the compute boom and the power market. Data centres can be built faster than new generation capacity, while reliable electricity is becoming increasingly important for running increasin

Investing can look complicated from the outside. There are charts, earnings reports, interest rates, economic data, analyst upgrades, price targets, dividends, ETFs, market caps and endless opinions about what stocks will rise next. But good investing does not have to be complicated. At its core, investing is about putting your money into assets that you believe can grow in value or generate income over time. The difficult part is understanding what you are buying, what could go wrong, and whether the price you are paying makes sense. Here are some of the investment concepts that every investor should understand — explained in simple terms. 1. What does it mean to own a stock? When you buy a share of a company, you are buying a small piece of that business. If you buy 1 share of Apple, Nvi

I’d still take the index. If the market leaders keep delivering strong earnings, the index benefits — and if leadership broadens out, even better. The bigger question now is whether the rally can spread beyond the usual names.

$Taiwan Semiconductor Manufacturing(TSM)$  just gave investors another reason to pay attention. Taiwan Semiconductor jumped 2.75% to a record $485.80 after Elon Musk confirmed that early discussions are underway around the proposed Terafab project. That matters because the market isn’t just watching who ultimately gets the manufacturing contract. It’s watching who controls the leading-edge capacity behind the next wave of chips. And TSMC is already sitting at the centre of that conversation. The interesting part is that Terafab doesn’t need to become a massive confirmed order tomorrow for TSMC to remain relevant. If Musk’s ambitions require advanced semiconductor manufacturing, TSMC is naturally one of the companies investors will keep wa

Something unusual is happening on Wall Street. The Nasdaq just closed at a record 27,477.31, gaining 1.05%. The S&P 500 added 0.66%, while QQQ climbed 0.88%. And at the same time, the 10-year Treasury yield pushed above 5.3%, its highest level since 2002.  Normally, that combination would make investors nervous. Higher long-term yields increase the discount rate applied to future earnings, making expensive growth stocks harder to justify. Yet tech is still climbing. So what is holding the Nasdaq up? Earnings. The bullish argument is that earnings growth — particularly from the biggest technology companies — is strong enough to offset the pressure from higher rates. Nvidia, Microsoft, Meta and Tesla all helped drive Monday’s advance, with Nvidia reaching another record.  But there is

One headline. Three very different market reactions. TSMC jumped 2.75% to a record $485.80 after Elon Musk confirmed that discussions are underway with TSMC around the proposed Terafab project. SpaceX surged 7.63% to $171.09. And Intel? Down 2.63% to $116.19 — the clear semiconductor laggard. That reaction tells an interesting story. Intel had previously been the only publicly named foundry partner connected to Musk’s chip ambitions. Now that TSMC is reportedly part of the conversation, investors appear to be reassessing just how much of that potential opportunity Intel can ultimately capture. But there’s another side to this trade. If Terafab requires leading-edge manufacturing capacity, TSMC could potentially benefit regardless of exactly how the final partnership is structured. That exp

Friday looked ugly for the memory and HDD trade. Then Monday told a very different story. $Western Digital(WDC)$  jumped 6.34% to $441.64, while $Seagate Technology PLC(STX)$  gained 4.49% to $887.09, clawing back part of Friday’s 10%+ selloff. The trigger? Investors appear to be reassessing fears around Toshiba’s planned capacity expansion. Bernstein called the panic a “storm in a teacup”, maintaining Outperform ratings on both WDC and STX. The argument is simple: even if Toshiba significantly expands capacity, execution takes time — and current supply still looks well short of demand. But there’s an important detail. Not everything in the memory complex bounced.

For me, B is the standout because CRWV sits right at the intersection of huge AI infrastructure demand and equally huge capital requirements. The bull case is powerful, but the bears have plenty to argue about too.

Singapore has a strong starting position, but I think B is the most realistic answer. Infrastructure and investment can attract AI companies, but talent will ultimately decide who becomes a true AI hub. The regional race is only getting more competitive.

$Tesla Motors(TSLA)$  just gave the bulls something they needed: a clear delivery beat. Q3 deliveries came in at 486,532 vehicles, versus 464,391 produced — meaning Tesla delivered 22,141 more cars than it built during the quarter.  That is a meaningful inventory drawdown. But here’s the part investors shouldn’t ignore: Tesla did NOT deliver more cars than last year. Q3 deliveries were down 2.1% year over year from 497,099. The bullish case is that Tesla beat Wall Street expectations by roughly 5% and is now showing signs of stabilisation. Reuters reports analysts have also lifted their 2026 delivery forecasts following the stronger quarter.  The inventory picture is also improving. Tesla has now delivered more vehicles than it produce

$NVIDIA(NVDA)$  just put $235 billion behind its own stock. That sounds like an enormous vote of confidence. On September 28, Nvidia’s board added another $150 billion to its share-repurchase authorization, taking the remaining authorization to $235 billion through fiscal 2028. Nvidia described it as the largest increase to a buyback authorization in history.  Then came the market reaction. Nvidia hit an intraday record of $237.88 on Friday before closing at $233.95, up 1.34%. Its market value finished around $5.7 trillion.  But here’s the question I keep coming back to: At these prices, is buying back stock the best use of Nvidia’s enormous cash flow? The bull case is straightforward. Buybacks reduce the number of shares outstanding,

The September jobs report delivered a big surprise. US employers added just 29,000 jobs, well below expectations, while unemployment edged up to 4.2%. Previous months were also revised lower, leaving July and August payrolls a combined 60,000 below earlier estimates.  Wage growth also slowed, with average hourly earnings up 3.0% over the past year.  That quickly changed the rate outlook. Markets now see a much lower probability of an October Fed hike, although a December increase remains possible.  Stocks loved it. The Nasdaq hit a record high, while the S&P 500, Dow and QQQ all finished higher. But then something interesting happened. The 10-year Treasury yield initially fell — then reversed sharply and finished around 5.28%, near its highest level in years.  That creates an unusu

Everyone is watching the AI chips. But what if the next bottleneck isn’t compute? It’s bandwidth. That’s why $Celestica(CLS)$ is my Stock of the Day. As AI data centres become larger and more complex, moving data between GPUs, servers and networks is becoming increasingly important. Celestica is gaining attention as a major networking and AI infrastructure player. CLS gives investors exposure to the AI buildout without being another headline GPU stock. And that’s the interesting part. The market has already rewarded many of the obvious AI winners. The next phase could be about finding the companies solving the infrastructure problems created by increasingly massive AI clusters. 🎯 What I’m watching Celestica’s growth in AI-related infrastructur