Wall Street’s three major indices made intraday all-time highs on Friday, boosted by strong AI earnings and hopes of a resolution between the U.S. and Iran. Dell reported a slam-dunk quarter and raised guidance. Iits shares soared 32.76% to help lift the S&P 0.22%, the Nasdaq 0.2% and the Dow 0.72% higher. The momentum carried other tech names, including Microsoft up 5.45% and even software names such as Adobe by 7.36%. Meanwhile, Clorox slid 6.42% and Intel fell 5.14%. For the week, the S&P rose 1.4%, the Nasdaq 2.4% and the Dow 0.9%. The U.S. 10-year yield, though, held around 4.435% as did Bitcoin at US$73,600.
Tech also led the TSX as the Canadian index gained 0.7% and slightly more than that for the week. Sectors were mixed, but materials were strong and offset losses in energy while investors wait for Trump to make an announcement about Iran late Friday. Silver held at US$75.40 as gold edged up by US$50 to US$4,545. WTI slipped over a dollar to US$87.75. Key names on Bay Street: Celestica 10.17%, Equinox Gold 8.29%, Open Text 2.12%, MDA Space -8.42% and Goeasy -3.57%.
💻 Dell Computers (DELL) +32.76%
Ⓜ Microsoft Corp (MSFT) +5.45%
💾 Adobe Systems (ADBE) +7.36%
🧴 Clorox Company (CLX) -6.42%
💾 Intel (INTC) -5.14%
🧬 Celestica Inc (CLS.TO) +10.17%
🥇 Equinox Gold (EQX.TO) +8.29%
💾 Open Text (OTEX.TO) +2.12%
🧬 MDA Space Ltd. (MDA.TO) -8.42%
🏛 goeasy (GSY.TO) -3.57%
The 30x forward PE is justified, given strong earnings. He doesn't know how long this momentum will last, but he wouldn't jump off the ship today. The hyperscalers have so much free cash flow to keep buying. If the ROI doesn't emerge later, then this momentum could come to a stop, but he expects this to keep momentum to keep going for a few years.
It trades less than the market PE and is breaking out.
Earnings are surprisingly strong. Dell is clearly taking share from Super Micro Computer as the data centre build-out takes shape. Their backlog grew, raised guidance, and infrastructure services grew 181% over a year. Also, there's a huge share buyback, but we're still in early days. Earnings and margins will continue to be strong with these data centre names. Revenues have been growing 20% annually consistently. Demand is strong and will endure.
Is not concerned with rising costs. Dell has much-higher earnings backed by strong demand. They can pass on costs to their customers.
Enormous amounts required by AI, data centres, electrification, and power grids. Supply struggling to keep up. Gives you exposure to long-term economic and technology growth.

This week were 17 Stock and 6 ETF Top Picks in a wide range of industries: Consumer, Financials, Technology, Industrials, Utilities, Energy and ETF. Here are this week´s Top Picks as selected by: Michael O’Reilly, Billy Kawasaki, Martin Cobb, Jamie… read more
Strong earnings and yet another Mideast ceasefire fueled optimism on Bay and especially Wall streets on Thursday. The S&P responded by climbing 0.58% to a new record close as did the Nasdaq by 0.91%. The Dow increased 0.05%. Earnings beats added to the positive vibe. For instance, Dollar Tree reported and shares soared 17.87%. Meanwhile, Super Micro Computer rallied 8.14%, Palantir 8.17%, Microsoft 3.47% and Synopsys -8.61%. Mideast hopes limited WTI’s climb to 0.9% and US$89.50. The U.S. 10-year yield slipped to 4.453%.
In Toronto, the TSX advanced 0.33% after tech, materials and healthcare led seven sectors higher. Financials lagged the most, influenced by a sell-off in CIBC by 5.38% after the bank reported. Other key names: Manulife -1.36%, ATS -14.27%, Goeasy 9.31%, and Shopify 7.42%. Silver edged up by 1.25% to US$75.45 and gold added US$43 to US$4,497.
🛒 Dollar Tree (DLTR) +17.87%
💾 Super Micro Computer (SMCI) +8.14%
💾 Palantir Technologies (PLTR) +8.17%
Ⓜ Microsoft Corp (MSFT) +3.47%
💾 Synopsys Inc (SNPS) -8.61%
🏛 Manulife Financial (MFC.TO) -1.36%
⚙ ATS Automation Tooling Systems (ATS.TO) -14.27%
🏛 goeasy (GSY.TO) +9.31%
🛍 Shopify Inc. (SHOP.TO) +7.42%
Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).
Our PAST TOP PICK with CDZ is progressing well. To remain disciplined, we recommend trailing up the stop (from $40) to $43 at this time.
Agrees with the caller who said that AI won't hurt employment, and is going to make us all better at what we do. AI is terrific. Doesn't see AI building these buildings and doing all the complicated computations. These firms will benefit from the AI tools to lower costs and increase efficiencies.
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Investors remain optimistic that the U.S. and Iran will reach a peace agreement, and so investors continued to sell off oil on Wednesday. WTI sank US$4.50 to US$89.40 and helped drag down the TSX by 0.75%. Material also weighed on the Canadian index as silver slid 3% to U$74.55 and gold declined nearly U$50 to US$4,458. Only four sectors gained, led by staples. Key names: CNQ -2.19%, Baytex -3.1%, B2Gold -3.53%, Goeasy 6.42% and West Fraser Timber 4.39%.
In New York, both the S&P and Nadaq were flat, managing to gain only a handful of points while the Dow advanced 0.36%. The U.S. 10-year yield held at 4.481%. Micron continued its hot streak after ripping another 3.63%. AppLovin soared 10.42% on an upgrade. Meanwhile, MGM Resorts popped 9.1%, Boston Scientific tumbled 12.46% and Qualcomm sank 6.2%. Bitcoin declined US$750 to U$75,250.
🛢 Canadian Natural Rsrcs (CNQ.TO) -2.19%
🛢 Baytex Energy Corp (BTE.TO) -3.1%
🥇 B2Gold Corp. (BTO.TO) -3.53%
🏛 goeasy (GSY.TO) +6.42%
🌲 West Fraser Timber (WFG.TO) +4.39%
💾 Micron Technology (MU) +3.63%
💾 AppLovin Corporation (APP) +10.42%
♠ MGM Resorts International (MGM) +9.1%
🧫 Boston Scientific Corp (BSX) -12.46%
🧬 Qualcomm (QCOM) -6.2%
Nursing homes. 20x FFO and 10% earnings growth.
Is up 11% today on an upgrade. It's an example of nothing news-driven to act as a catalyst in the software space, just an upgrade.
Upgraded today. Will remain strong despite the day to day headlines out of the Middle East, because their earnings are steady. He remains long.Upgraded todayWill remain strong despite the day to day headlines out of the Middle East, because their earnings are steady. He remains long.
Demands is outstripping supply, driving prices up. Is this the right time enter a stock that's up so much (220% this year)? No technician will say it is. That said, the fundamentals support MU right now. Twelve months from now, capex can continue at this clip, though she is skeptical earnings can continue to grow 20-30% every quarter. Semis need a cooling off period.
Focused on systematic, evidence-based, academic research. Largely out of the Chicago School of Business. Great job trying to harness the different factors -- for example, higher quality, or smaller companies, or cheaper valuation, or higher profitability.
Factor-based strategies can underperform for long periods of time, such as when large-cap technology dominates.
Probably the class act of ETF/fund companies in terms of extracting excess returns from factors.

52-Week High TSX Stocks Here’s this week’s 52-week high stocks on Stockchase… 💻 Technology 🏛 Financials 💡 Utilities 🚚 Industrials ⚡ Energy 🛢Basic Materials 52-Week Lows TSX Stocks Here’s this week’s 52-week lows stocks on Stockchase… 🚚 Industrials 💻 Technology… read more
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