CLOSED PREVIOUS SESSION The short-term Hot Ideas closed eight positions with an average result of +0.8%: three up and five down. WK — Workiva Inc. led the group at +10.3%, with PCOR — Procore Technologies, Inc. up +4.1% and AVT — Avnet, Inc. barely positive at +0.1%. The losing side was broader, even if the declines were contained. ECG — Everus Construction Group, Inc. fell -0.5%, CNK — Cinemark Holdings, Inc. lost -1.2%, DD — DuPont de Nemours, Inc. declined -2.0%, AXTA — Axalta Coating Systems Ltd. slipped -2.1%, and DT — Dynatrace, Inc. was the weakest at -2.6%. HOT IDEAS ON RADAR 39 active today, clustered in AI infrastructure, compute and memory demand. The featured group is tied to AI backlogs, recent results, raised guidance and enterprise wins. HPEHewlett Packard Enterprise CompanyAI infrastructure momentum is supported by a record $6.3B AI backlog, strong recent results and raised fiscal 2026 guidance. Morgan Stanley upgraded the stock to Overweight, and shares hit a fresh 52-week high after gains of about 15% in the last 5 sessions. DELLDell Technologies Inc.The short-term setup is tied to AI infrastructure, with record fiscal Q1 revenue of $43.8B and record EPS of $5.24. The catalyst summary also includes record AI server orders and backlog, new AI and storage products, and a Texas A&M enterprise infrastructure win. TERTeradyne, Inc.Momentum follows strong Q2 results of $1.329B revenue and $2.47 non-GAAP EPS, plus guidance above expectations. AI-driven compute and memory demand are part of the setup, with shares up about 30% over 21 trading days. Others on radar MPCNESRAEHRRSKDAXONFSLYDNOWATRONIQPPTA+26 more MARKET PULSE A tame inflation print eased Fed hike bets and kept risk appetite firm. July CPI rose 0.1% month over month and 3.4% year over year, while the 30-year mortgage rate slipped to 6.67% from 6.69%. Asian equities benefited, and Korea Kospi moved into bull market territory. Crypto was choppier: Bitcoin briefly fell below $63,000, touched $62,912, and liquidations topped $227 million. Single-stock reactions stayed selective, with Cisco, Tencent and SanDisk showing a mixed AI-linked market backdrop. |