AI and Oracle: Oracle (ORCL) flagged as a poster child for the AI bubble with massive off-balance-sheet data center commitments, raising risk and valuation concerns.
EVs and Autos: Tesla (TSLA) hits highs despite weak unit sales as robo-taxi hopes surge, while Ford (F) pivots from all-in EVs to hybrids with a large restructuring charge.
Autonomous Vehicles: Waymo’s expansion and user experience fuel the Autonomous Vehicles theme, contrasting hype versus adoption and implications for rideshare players Uber (UBER) and Lyft (LYFT).
Space Economy: SpaceX IPO chatter and soaring private valuations spotlight a frothy Space Economy backdrop, with Starlink as the profit driver and rising retail FOMO risks.
Obesity Drugs: Eli Lilly (LLY) posts strong momentum as next-gen triple-agonist data show 24–29% weight loss and ancillary health benefits, reinforcing the Obesity Drugs theme.
Consumer & Housing: Costco (COST) delivers solid comps and digital growth, while Zillow (Z) slides on Google (GOOGL) real estate search tests; broader US Housing data show price softness and longer listings.
Copper: Copper sits near multi-year resistance amid hoarding headlines; a breakout could pressure input costs across the economy.
Special Situations: iRobot (IRBT) enters Chapter 11 after Amazon (AMZN) walked from a 2022 deal, and Kymera Therapeutics (KYMR) draws interest as a Baker Brothers pick in biotech.
