Daily Market Wrap

Stocks Extend Winning Streak Ahead of Holiday Market Close
Wall Street rallies on Friday into Memorial Day weekend. Microsoft (MSFT) posts strong quarter as AI has not put a dent in growth.
Stocks Close Higher as Optimism on US-Iran Deal Pushes Oil Prices Lower
Stocks go up on Thursday amid hopes of US–Iran deal. ServiceNow (NOW) stock attempts to put in a bottom as profit growth slows.
Wall Street Rebounds as NVIDIA (NVDA) Leads AI Stock Surge
Stocks climb on Wednesday ahead of NVIDIA earnings. Tesla (TSLA) bets big on Robotaxi and Optimus with $25 billion expansion plan.
Stocks End Mixed Amid Interest Rate Uncertainty, Ahead of NVIDIA Earnings
Markets mixed on Monday as rate hike concerns persist. Old Dominion (ODFL) could gain from Supreme Court trucking safety ruling.
Stocks End Mixed as April Inflation Hits Highest Level Since May 2023
Stocks are mixed on Tuesday after strong inflation report. Factset (FDS) loses its moat to AI as financial analysis software is now cheap.
Research Reports - Subscription Required

Domino’s (DPZ) Profits Decline as the Stock Flounders with No Catalyst in Sight
Domino’s (DPZ) posted its third profit decline in four quarters, and hte stock has been in a year-long-decline. DPZ needs a catalyst.

Amphenol (APH) is One of the Biggest Winners of the AI Infrastructure Boom
Amphenol (APH) is selling lots of parts for Datacenter buildouts, and also Defense companies. Is space the next frontier? Robotics?

ServiceNow (NOW) Stock Attempts to Put in a Bottom as Profit Growth Slows
ServiceNow (NOW) stock has been cascading lower. But now with a P/E of just 22, the stock is cheap. But growth is slowing.

Microsoft (MSFT) Posts Strong Quarter as AI Hasn’t Put a Dent in Growth
Microsoft (MSFT) reported robust growth last quarter, including 23% profit growth on 17% revenue growth. And the P/E is only 21.

Tesla (TSLA) Bets Big on Robotaxi and Optimus With $25 Billion Expansion Plan
Tesla (TSLA) is set to rollout Robotaxi’s this year. The company is also transforming its Fremont plant into an Optimus factory.

American Express (AXP) Posts Strong Quarter as Millennial & Gen Z Drive Spending
American Express (AXP) continues to see strong Millenial and Gen Z spending, with card member spending hitting a 3-year high.
Stock of the Week
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Amphenol (APH) is One of the Biggest Winners of the AI Infrastructure Boom
Amphenol (APH) is selling lots of parts for Datacenter buildouts, and also Defense companies. Is space the next frontier? Robotics?
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David Sharek’s Top Ten Growth Stocks for 2025
Here’s my Top Ten growth stocks heading into 2025. This year’s list is dominated by big name tech stocks with some fresh ideas mixed in.
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