Feb 26 26

Market & Earnings Update Summary

📈 Market Overview

• Futures mixed

  • S&P 500: +0.1% (moved above 50-day line)

  • Dow: +0.3%

  • Nasdaq 100: Flat (recently reclaimed 50-day line)

  • Russell 2000: +0.3%

• 10-Year Treasury: ~4.04% (stable)

• Crude Oil: Down >1% (U.S.–Iran talks resume)

• Bitcoin: Slight pullback after recent bounce

• Gold & Silver: Slightly lower

• Jobless Claims: 212K (stable labor market)

Sector Breakdown – Market & Earnings Update

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🤖 AI & Semiconductors

Theme: Strong growth, mixed stock reactions

• NVIDIA

  • +82% EPS, +73% revenue

  • Raised guidance

  • Stock reaction muted

• Advanced Micro Devices (AMD) & Broadcom

  • Near 50-day lines

  • Slight pullback post-NVDA

• Taiwan Semiconductor Manufacturing Company

  • Flat, strong trend

• Memory collaboration: SanDisk + SK Hynix

  • Developing high-bandwidth flash

Takeaway: AI growth intact, but selective stock reactions.

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💻 Software & Cloud

Theme: Earnings-driven volatility

• Salesforce

  • Strong EPS beat

  • $50B buyback

  • Improving momentum

• Snowflake

  • Beat + raised guidance

• Zoom Video Communications

  • Mixed quarter, cautious outlook

Takeaway: Quality software names stabilizing; guidance key.

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⚡ Energy & Oil

Theme: Pressure from crude weakness

• Oil down >1%

• U.S.–Iran talks influencing sentiment

• Mixed earnings across oil services & transport

Takeaway: Sector sensitive to geopolitical developments.

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⚛️ Quantum Computing

Theme: Speculative momentum building

• IonQ

  • 400%+ revenue growth

  • Strong forward guidance

• D-Wave Quantum

  • Revenue growth but wider loss

Takeaway: High volatility, narrative-driven moves.

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🧬 Biotech & Pharma

Theme: Stock-specific reactions

• Several earnings beats

• Mixed post-earnings price moves

Takeaway: Fundamental beats don’t always translate to gains.

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🏗 Infrastructure & Industrials

Theme: Solid earnings acceleration

• Infrastructure names showing revenue strength

• Construction & services firms outperforming

Takeaway: Cyclical strength emerging.

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🥤 Consumer Growth

• Celsius Holdings

  • +170% revenue growth

  • Strong gap up

• Monster Beverage

  • Earnings pending

  • Sector leadership theme

Takeaway: Select consumer growth names breaking out.

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🎯 Overall Sector View

• Leadership: AI / Semis

• Emerging Strength: Software, Infrastructure

• High Volatility: Quantum, Biotech

• Macro-Sensitive: Energy

• Selective Breakouts: Consumer growth