Every report in our own archive tagged with this symbol, newest first — fetched from the archive alongside the market data.

• SPECIAL REPORTBULLISH2026-08-19
  Nvidia Discount Draws Street Upgrades as AI Capex Cycle Extends Beyond 2026

  A cluster of constructive AI-complex research landed simultaneously: Nvidia upgraded to Strong Buy on GPU cycle elongation and valuation, BofA flagging a 'deep discount,' Rosenblatt reiterating Buy on Cerebras, and Northland upgrading Ciena on strong supplier datapoints. Nebius's $4.5bn convertible offering underscores that neocloud capex financing remains wide open despite equity market skittishness.

• SPECIAL REPORTNEUTRAL2026-08-17
  Futures Idle as Wall Street Waits for the Fed — and Watches the Warsh Succession Trade

  U.S. equity futures were broadly flat following a quiet week, with positioning frozen ahead of clearer signals on the Fed's rate trajectory. Commentary around a potential Warsh-led Fed is injecting an institutional-credibility variable into rates markets alongside conventional data dependency.

• MARKET REPORTNEUTRAL2026-08-16
  AI Infrastructure Trade Faces Its Next Test as Nvidia Earnings Loom

  Positioning ahead of Nvidia's results is turning two-sided, while second-derivative AI plays in memory, edge delivery and analytics software attract fresh capital.

• SPECIAL REPORTNEUTRAL2026-08-16
  AMD Prices Record $4.75bn Bond Sale as AI Buildout Reshapes Chipmaker Balance Sheets

  Advanced Micro Devices has tapped debt markets for $4.75bn, its biggest bond sale on record, even while holding roughly $13bn in cash and investments. The move fits a broader pattern in which AI infrastructure demand — from silicon to data center power — is forcing semiconductor and energy issuers alike to pre-fund multi-year capacity commitments.

• BREAKING STORYBEARISH2026-08-15
  Hindenburg Omen Flashes Again as US Debt Path Approaches $50 Trillion

  The Hindenburg Omen — a breadth-divergence signal combining simultaneous new highs and new lows — has triggered repeatedly, coinciding with renewed focus on a federal debt load advancing toward $50 trillion. The confluence is reviving the classic 60/40 framework, now with duration and real-asset modifications, as institutions hedge both equity concentration and sovereign supply risk.

• SPECIAL REPORTNEUTRAL2026-08-15
  Alphabet's First-Ever Negative Free Cash Flow Crystallizes the AI Capex Reckoning

  Alphabet posted negative free cash flow for the first time in its public history as AI data-center outlays overwhelm operating cash generation. The milestone reframes the bull case for mega-cap AI names, shifting the debate from earnings momentum to balance-sheet endurance and return on invested capital, even as trend-following flows continue to underwrite Nasdaq leadership.

• BREAKING STORYBEARISH2026-08-15
  Magnetar Unloads Nearly $480 Million of CoreWeave as AI Infrastructure Backers Trim Exposure

  Magnetar Financial, a 10% owner of CoreWeave, disclosed a series of stock sales totaling roughly $479 million across three separate filings, marking one of the largest insider-adjacent liquidations in the AI infrastructure complex. The disposals coincide with mounting scrutiny over how quickly US data center capacity can physically be built amid labour constraints.

• SPECIAL REPORTBEARISH2026-08-14
  AI Semiconductor Complex Buckles: Broadcom Slides as Analysts Comb Wreckage for Bargains

  The AI trade entered a fresh drawdown phase, with Broadcom leading declines and a punishing July for semiconductor capital equipment names. Sell-side desks are now differentiating between valuation resets and genuine demand deterioration, with KLA upgraded on weakness and BofA circulating a list of 16 oversold AI-linked names.

• SPECIAL REPORTBULLISH2026-08-13
  AI Compute Demand Broadens Beyond GPUs as BofA Lifts Server CPU TAM Above $210 Billion

  BofA raised its server CPU total addressable market to more than $210 billion, citing the rise of AI agents, while Lenovo's strong quarterly results lifted Dell and HP shares. Analysts argue Nvidia's customer-concentration bear case is weakening as demand diversifies, though skeptics point to financing structures such as AI compute ABS as evidence of late-cycle excess.

• SPECIAL REPORTBULLISH2026-08-12
  July CPI Lands In Line, Cementing Market View That Fed Hike Risk Has Faded

  July inflation data printed exactly in line with economist estimates, with headline CPI rising 0.1% and core CPI 0.2%. The absence of an upside surprise further reduced already-thin market-implied odds of a Federal Reserve rate hike at the September meeting, extending a multi-month arc in which benign price data has steadily removed policy tail risk from equity and credit valuations.

• SPECIAL REPORTNEUTRAL2026-08-12
  Euphoria Warning: Semiconductor Melt-Up Draws 1999 Comparisons

  Commentary is coalescing around the view that equity markets have entered a speculative phase reminiscent of the late 1990s, concentrated in AI-linked semiconductors. Nvidia remains the fundamental leader of the megacap cohort, but the gap between narrative and valuation is the central risk for the second half.

• SPECIAL REPORTBULLISH2026-08-12
  AI Infrastructure Demand Broadens Beyond Chips as Lattice, Jacobs Post Record Results

  Fresh Q2 transcripts show the artificial intelligence buildout is widening from GPU suppliers into programmable logic, engineering services and connectivity infrastructure. Lattice Semiconductor reported record revenue driven by AI data center demand, Jacobs Solutions flagged a record $29bn backlog with data centers at 11% of revenue, and Viasat cited a 22% surge in defense awards. The read-across argues the capex wave has a longer tail than the semiconductor complex alone — even as skeptics warn the trade is increasingly dependent on the funding capacity of a handful of model developers.