Micron Stock (MU)

Upside – $VFC +4.0% (Piper Sandler and Truist upgrade as signs of Vans stabilization improve turnaround confidence) – $GS +3.0% (Q3 beat, led by surging equities revenue and stronger investment-banking fees) – $UNH +2.5% (Q3 beat and 2026 adjusted EPS outlook raised to at least $20.50) Downside – $SNDX -17.0% (MAXPIRe Phase 2 axatilimab trial …

Upside – $GIXI +135.0% (autonomous robots begin delivering blood and bone marrow at a major hospital, expanding an existing chemotherapy-logistics deployment) – $CCC +10.5% (GTCR and Elliott are reportedly in advanced acquisition talks, with a deal potentially coming this week) – $MEDS +7.0% (Humana adds the ChemoFx gynecologic-cancer assay to a Medicaid coverage policy) – …

Upside – $LPCN +40% (Health Canada approves TLANDO for testosterone replacement therapy) – $APUS +9.4% (extends a high-volume rally tied to the BlockAssure agreement to build and operate the AssureChain insurance network) – $PENG +4.3% (Q4 beat and FY27 sales and EPS outlook topped prior guidance and Street expectations on accelerating AI-infrastructure demand) – CNQ …

A little known fact… Micron ($MU) and Nvidia ($NVDA) alone will deliver more than 30% of the Q3 S&P EPS growth as the median stock barely grows. Position: Short NVDA (VS), SPY (M)

Another day, another record? Sort of. The S&P 500 managed to set a new all-time intraday record high as well as an all-time record closing high. Why? Inflation, or the lack thereof. For the month of July, headline PPI printed at +0.0% month over month versus the +0.2% consensus and at +4.7% year over year versus expectations for a +4.9% print. …