Brent Slava, Executive Producer, Stock Trader Network

Microsoft (MSFT) up 14%, the software ETF (IGV) down 0.4% and semiconductor ETF (SMH) up 6% ← in what market could this possibly make sense? You already know the answer: this crazy market.

“IMO, this is the catalyst to buy data center building names:  Microsoft stated that its cloud growth has been held back by data center capacity constraints driven by massive AI demand.”

This was a great thought from one of the super intelligent community members in the STN Think Tank this morning.

Leading the market higher today – you guessed it: Nebius (NBIS) up 27%, Bloom Energy (BE) up 24%, CoreWeave (CRWV) up 23%, SanDisk (SNDK) up 21%, SK Hynix (SKHY) up 14%, Lumentum (LITE) up 12%.

As Triple D pointed out on this morning’s STN opening bell show, Bloom Energy traded up so sharply just a day after the stock was sold heavily despite reporting its own very strong earnings report.