Jack of All Trades

Global chip rout: KOSPI −9.99% (circuit breakers x2), Micron −13% pre-earnings, SMH −7%. Nasdaq −2.21%; Dow flat. Trump: Hormuz 'fully open.' FDX: rev $25.0B +12.6% beat, EPS $6.31 beat 6.6% — but CY26 guide $16.90–18.10 light → −9% AH. SKORE: FDX 7.0 Buy-on-Weakness.

Iran deal signed at Versailles; Hormuz blockade ends; gas below $4 first time since March. S&P +1.08%, Nasdaq +1.91%. ACN −13.4% more (down ~50% YTD, 52-wk low) despite $4.175B cybersecurity M&A — AI disrupts consulting. KR: EPS missed $0.01, revenue beat $530M, still fell. SKORE: ACN 3.8 · KR 5.6

Trump cancels Iran strikes; Dow +930; SpaceX IPO priced $135 ($75B raised, largest ever). ADBE: rev $6.62B +13% record, EPS $5.96 beat, AI ARR $500M tripled, FY raised — but freemium pivot + Creative Cloud pricing deferred → −5.5% AH. SKORE: ADBE 6.8 Hold-Buy-on-Dip.

CPI 4.2% (3-yr high); gasoline +40.5% YoY; Dow below 50K; Trump 'hit Iran very hard.' ORCL: cloud +47%, IaaS +93%, RPO $638B (+$85B QoQ), FY27 $90B confirmed, EPS raised — but $70B capex plan → −7% AH. Data gravity thesis intact. SpaceX IPO tomorrow. SKORE: ORCL 7.8 Buy.

Trump 'deal in 2–3 days' → threats → Nasdaq −0.97%. CASY: EPS +66% YoY (+30% beat), fuel GP +29% Iran windfall, inside SSS +5.5%, $1B buyback, 4th straight beat. MTN: skier visits −15.5%, Rockies snowfall −55% record low, FY cut, pass sales −10%, dividend coverage concern. SKORE: CASY 7.5 · MTN 4.8.

Buy-the-dip rebound; Intel +10% Google TPU order; CPI Wednesday. GME: rev +14% collectibles, net income +769%, $2B buyback — meme stock became real business, 16.58x P/E. CPB: EPS slight beat, organic −4%, FY reaffirmed — Iran war food trade-down. SKORE: GME 6.8 · CPB 5.8.

NFP 172K doubled consensus; Nasdaq −4.18% worst day since April 2025; 30Y above 5%; Meta −7% equity raise. DG: EPS $2.00 beat, SSS +2% traffic+ticket, GM +65 bps shrink improvement, FY raised $7.20–7.45 — +3.6% vs Nasdaq −4.18%. Iran war value economy confirmed. SKORE: DG 7.5 Buy

Semi speed bump: AVGO −10%+, CRWD continued fall. Consumer rotation; Dow +880. Israel-Lebanon ceasefire; oil/yields ease. PVH −21%: Q1 EPS beat but Q2 guided −3–4%, FY flat — Iran war collapsed EMEA −5%, Middle East tourist spending in European flagship stores. SKORE: PVH 5.2 Hold.

Triple ATH (S&P/Nasdaq/Dow) then AVGO −3% (AI $10.8B +143%, Q3 AI $16B +200%, software miss) and CRWD −11% (records everywhere but Q2 guide in-line) AH. Macy's: best Q1 comps in 4 years, FY raised. CRWD 4-for-1 split July 2. SKORE: AVGO 8.7 · CRWD 7.9 · M 6.8.

S&P 7,609 above 7,600 first time; MRVL +25% (Jensen: 'next $1T'); GOOGL −4% ($80B AI raise). PANW: EPS beat, NGS +60%, Q4 $3.35B guide beat, AI urgency thesis confirmed, +10% AH. VSCO +38%: double-digit comps all channels, fewer promotions, tariff relief. SKORE: PANW 7.8 · VSCO 7.2