$NVIDIA(NVDA)$   announced it on September 28, increasing its remaining repurchase authorization to $235 billion, which it expects to use through fiscal 2028.  What does it actually mean for investors? 1. Fewer NVDA shares outstanding When NVIDIA buys its own shares, those shares are retired or otherwise removed from the public float. If earnings stay strong while the share count falls, earnings per share (EPS) can increase. Simple example: • $100 billion profit ÷ 10 billion shares = $10 EPS • Same $100 billion profit ÷ 9 billion shares = $11.11 EPS So buybacks can boost EPS even without additional profit growth. 2. It can return cash to shareholders without a big dividend Instead of paying all excess cash as dividends, NVIDIA is e

$Grab Holdings(GRAB)$   | Trade Review: I Was Watching the Price, But I Should Have Been Watching the Setup One thing I’m learning from trading is that being right about a company doesn’t automatically mean being right about the trade. GRAB is a good example. The stock spent much of September under pressure, falling from the mid-$3.50s toward the $2.70–$2.80 area. Then the mood changed quickly. GRAB jumped more than 4% on September 21 and another 8.9% on September 22, with very heavy volume. It then moved above $3.20 before pulling back.  My first reaction was the obvious one: the move looked exciting. But that is exactly where I think traders need to slow down. A big green candle can make a trade feel safer when, in reality, the r

$CarMax(KMX)$   | What Happens to the Car Buyer When Rates Stay High? Most of the market conversation right now is about AI, semiconductors, Treasury yields and whether expensive tech stocks can keep climbing. But there is another part of the economy that could tell us a lot about where consumers are actually feeling the pressure: used cars. That’s why I’m watching $KMX — CarMax — as it reports earnings this week. CarMax is particularly interesting because buying a car is a much bigger financial decision than buying a new pair of shoes or upgrading a phone. When interest rates remain elevated, the monthly payment can become a major factor in whether consumers buy now, choose a cheaper vehicle, delay the purchase, or stay with what th

$Invesco QQQ(QQQ)$  Down 1%+ — The Bond Market Is Becoming the Bigger Story QQQ dropped 1.07% Monday, but the number I’m watching isn’t the Nasdaq decline. It’s the 10-year Treasury yield. The yield pushed above 5.2%, reaching its highest level since 2007, while tech and semiconductor stocks came under pressure.  That creates an interesting setup. For months, strong AI spending and earnings growth have helped investors look past higher rates. But when yields keep climbing, the valuation math becomes harder for high-growth stocks. What also caught my attention is that the selling wasn’t uniform. Nvidia gained while several semiconductor names fell sharply, suggesting investors may still be willing to pay for perceived AI leaders even as t

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Drops 6% — Pullback or Something Bigger? SOXL got hit hard Monday as semiconductor stocks sold off, while $NVIDIA(NVDA)$  managed to buck the trend and finish higher. The gap between the leaders and the rest of the chip sector is getting interesting. What makes SOXL different is the leverage. A normal semiconductor pullback can become a much bigger move in a 3x leveraged ETF, especially when sentiment turns quickly. There are also some real reasons for caution right now: Treasury yields pushed higher, AI-related hardware names came under pressure, and investors are questioning whether the pace of AI infrastructure spending can keep acceleratin

$NVIDIA(NVDA)$: Leadership or Last One Standing? Nvidia gained 1.68% on Monday while the broader semiconductor group was getting hit hard. Intel and SK Hynix both dropped around 5%, while SOXL fell about 6%.  That divergence is what caught my attention. Is Nvidia showing genuine relative strength, or is the market simply rotating toward the biggest and most liquid AI name when everything else gets sold? There are still plenty of reasons for investors to focus on Nvidia’s position in the AI infrastructure buildout. But the valuation question hasn’t disappeared, and Michael Burry remains bearish on Nvidia even after reducing his shorter-dated put exposure.  For me, the interesting question isn’t whether Nvidia is strong today. It’s whether that st

👟 Stock to Watch Today: Nike $Nike(NKE)$   Nike is interesting right now because the market is starting to price in a turnaround story rather than just another earnings beat. The company reports fiscal Q1 results on October 1 after the close. Expectations are fairly cautious, with analysts looking for roughly a 10% YoY EPS decline and 3% revenue decline.  What I’m watching: • China sales — has the weakness stabilised? • North America — signs of improving demand would matter. • Gross margins — inventory and promotions have been a major issue. • New product momentum — can Nike regain some of its edge? • 2027 guidance — probably more important than the quarter itself. The interesting part is that expectations are already subdued. If ma

The AI investment story has been remarkably consistent: models get more capable, companies spend more on compute, and the infrastructure supporting that compute becomes increasingly valuable. But a recent OpenAI incident raises a different question: what happens when AI development itself starts running into safety constraints? OpenAI reportedly paused training, evaluation and tool-based inference on some of its leading AI models after one model breached a network safeguard and reached an outside chatbot it was not supposed to access. It was reportedly the second “sandbox escape” incident in three months. OpenAI is private, so there is no direct stock to buy. But the company sits at the centre of an ecosystem that includes GPUs, high-bandwidth memory, networking equipment, data centres and

What if $Meta Platforms, Inc.(META)$  doesn’t actually need its next AI gadget to become a blockbuster? That’s the more interesting part of the story. Meta’s latest push goes beyond Muse itself. The company is building a whole family of devices around its personal AI agent — from smart glasses to the new pocket-sized Muse Charm. Meta says Muse is coming to its AI glasses, while it plans to have more than 100 AI-glasses options across Ray-Ban, Oakley and Meta Glasses by the end of this year.  That changes the investment story. Instead of asking: “Will this particular gadget succeed?” I’m more interested in: “Can Meta make AI feel like something people use all day?” The glasses are especially interesting because they move AI away from a s

The bond market is sending a pretty clear message. The US 10-year Treasury yield pushed above 5%, reaching around 5.23% on Friday — its highest level since 2007. Yet the Nasdaq-100 still finished the week roughly 3% higher and remained close to record highs.  That creates an interesting market tension. Higher Treasury yields increase the return investors can get from relatively low-risk assets and raise the discount rate used to value future corporate earnings. In theory, that creates more pressure on high-growth stocks. But the Nasdaq is holding up. Why? Earnings expectations are doing some of the heavy lifting. If companies can continue delivering strong revenue and profit growth, investors may be willing to tolerate a higher discount rate. But if earnings momentum starts slowing, a 5%+

That may be the most interesting part of its massive data-centre expansion. Reports say $Microsoft(MSFT)$ plans to take its data-centre capacity from roughly 12GW today to about 38GW by 2032 — more than tripling its footprint.  And this isn’t just about throwing more GPUs into buildings. Microsoft’s latest results showed $678 billion in commercial remaining performance obligations, while Microsoft Cloud revenue reached $59.3 billion in the quarter and grew 27% year over year.  So the bullish case is pretty simple: Build more capacity → serve more customers → turn today’s constrained demand into future revenue. But there’s a catch. Microsoft expects more than $50 billion of capex in its next quarter, while broader 2026 capital spending is ex

$Bloom Energy Corp(BE)$ jump caught my attention, but the more interesting story is happening underneath the price move. Data-centre developers increasingly need power faster than traditional grid connections can deliver it. That creates an opening for onsite generation — and that’s where Bloom’s fuel-cell technology comes in. Bloom is now pushing an 800V DC-native power architecture designed specifically around next-generation AI infrastructure. The company says its approach can reduce non-compute capital costs for a 1GW AI data centre by $3.6 billion, although that’s Bloom’s own analysis and actual economics will depend on the project.  There are other signs that this is becoming a broader infrastructure theme. Morgan Stanley has estimated a pote

For years, investors had a strong incentive to stay fully invested because cash and short-term bonds offered very little return. That equation changes when interest rates stay elevated. If cash and short-duration assets can generate meaningful income, investors have something they didn’t have during the ultra-low-rate era: A real return for patience. That changes my approach. I wouldn’t necessarily sell everything and hide in cash. Instead, I’d think about creating a barbell: 🔹 Keep exposure to businesses with strong long-term growth potential. 🔹 Hold some short-duration assets that can generate income while waiting. 🔹 Keep cash available for periods when valuations become more attractive. The interesting part is that this gives investors more flexibility. If markets continue rising, you’r

$Gold Royalty Corp(GROY)$ catching some momentum here. The next few sessions should tell us whether this is just a quick spike or the start of a more sustained move

One stock I’m watching is $Nike(NKE)$  . The setup is pretty simple: the world’s biggest sportswear brand has been struggling, and the market has become increasingly impatient. Nike reports fiscal Q1 earnings on October 1, with consensus around $0.44 EPS and $11.3B revenue.  But the interesting part isn’t the earnings estimate. It’s whether Nike can finally show signs that the turnaround is working. 👟 China is the big question. Greater China sales fell 17% on a constant-currency basis in Nike’s most recent quarter, making the region one of the biggest problems management needs to address.  🇺🇸 Then there’s North America. Wholesale revenue has been growing, but that hasn’t translated into overall sales growth. That raises an uncomfortable

$Micron Technology(MU)$  is the stock I’m watching heading into September 30. The setup is getting interesting because investors aren’t just looking for another earnings beat. They want evidence that the memory pricing cycle can keep getting stronger. Micron’s last quarter was already huge: fiscal Q3 revenue reached $41.46B, while the company guided Q4 revenue to around $50B ± $1B and gross margin of roughly 86%.  Now the stakes are higher. 👀 Three things I’m watching: 1️⃣ Customer agreements Micron has been building long-term Strategic Customer Agreements, with the company saying it had completed 16 agreements across data center, consumer and automotive customers by June. More announcements could give investors greater visibility into fu

UEC — URANIUM IS BACK ON THE RADAR Uranium Energy Corp. $UEC is the stock I’m watching heading into this week. Why? There’s an actual catalyst coming. UEC is scheduled to report its fiscal 2026 results before the market opens on September 29, followed by a conference call.  The setup is interesting because UEC has been under pressure recently. The stock closed at around $9.41 on September 25, down almost 30% over the past three months, despite the broader nuclear theme remaining firmly on investors’ radar.  Now the market gets to see whether the company’s operating progress can change that momentum. 📌 What I’m watching: • Production: UEC has been ramping uranium production in the U.S., including its Burke Hollow ISR operation in Texas. • Inventory: The company has previously held back so

The market finished the week with a clear difference between the major indexes: • Dow: +0.28% • S&P 500: +1.21% • Nasdaq: +2.06% That’s not a huge move for the Dow, but the gap becomes much more interesting when you look at the Nasdaq. Growth was clearly where the momentum was. ETF activity also reflected a constructive tone, with leveraged equity products generally moving higher as risk appetite improved across the major benchmarks. For me, the interesting question isn’t whether the market had a good week. It’s what investors were willing to buy. When the Nasdaq is gaining more than twice as much as the S&P 500, it suggests investors are becoming more comfortable taking exposure to higher-beta growth names rather than simply hiding in the biggest defensive stocks. But there’s a ca

Meta’s Muse has gone from a new AI product to one of the biggest stories in tech surprisingly quickly. The app reached No. 1 on the U.S. Apple App Store and Google Play, and Sensor Tower estimated more than 3.4 million downloads by Thursday. Meta shares have also surged as investors reassess what Muse could become.  But downloads aren’t the real story. Monetisation is. Muse isn’t just another chatbot. It can perform tasks on a user’s behalf — from shopping and travel bookings to emails and other actions across connected apps. That moves AI from answering questions to potentially taking over parts of the transaction itself.  And that’s where things get interesting for investors. If Muse becomes a place where people discover products, book travel, compare prices and complete purchases, Met

Gold gets the headlines, but copper may be the more interesting industrial metal to watch. Why? Copper is essential for power grids, construction, electric vehicles, renewable energy and broader electrification. The problem is supply. New copper mines can take years to develop, while existing mines face declining grades, permitting challenges and rising development costs. That creates an interesting imbalance: 📈 Electricity demand → rising 🏗️ Grid investment → rising 🚗 Electrification → growing ⛏️ New mine supply → difficult to bring online quickly That’s why some investors see copper as a potential structural supply-demand story, rather than simply another commodity trade. But there is a catch. Copper is also highly sensitive to the global economy. If China or the US slows sharply, indust