AMAT
Applied Materials Inc
stock NASDAQ

Quite frankly, I hope for some more downturn of META before it goes to $1000

I'm eyeballing the $650 range, then I'll load up.

Look at ASML, LRCX and AMAT in the Semiconductor industry. They were hated the last couple of months until recently.

MAJOR NEWS:
* Government shutdown enters the third day.
* BLS confirms its website won’t be updated until the federal government reopens. The last update was Oct 1, meaning today’s nonfarm payrolls report won’t be released until the shutdown ends.
* Goldman Sachs CEO David Solomon said the US economy is “still in pretty good shape” heading into 2026, with government spending and “all of the AI infrastructure build” driving growth despite tariffs and a softer labor market.
* PRESIDENT TRUMP SAYS HE’S CONSIDERING TAXPAYER REBATES OF $1,000 TO $2,000 FUNDED BY TARIFF REVENUES — Bloomberg
MAG7:
* AAPL - Jefferies downgrades to Underperform from Hold, lowers PT to 205.16 from 205.82. Our muted outlook for FY2026/2027 is driven by: 1) a $100 price hike for iPhone 18 Pro/Pro Max, and 2) a cautious outlook for iPhone 18 Fold (12.5 million units). We estimate the current stock price factors in more than 2x that every year.
* TSLA - NEW CAR SALES IN BRITAIN UP 0.11% YEAR-ON-YEAR TO 8,038 UNITS IN SEPT- NEW AUTOMOTIVE DATA
* AMZN - Goldman Sachs raises PT to 275 from 240. Maintains Buy rating. Ahead of Q3 earnings season and against the current backdrop of investor sentiment, positioning, and debates, we highlight Amazon as a preferred name among our large cap coverage. In this note, we frame the key investor debates around its AWS segment and the compounding tailwinds in its Advertising segment. GOOGL - Google will invest $4B to build a data center on 1,000+ acres in West Memphis, its first in the state, creating thousands of jobs. It also launched a $25M Energy Impact Fund for local efficiency projects and workforce development.
* NVDA's multibillion-dollar AI chip deal with the U.A.E., announced in May, is still on hold nearly five months later.
OTHER COMPANIES:
* RCAT - Needham initiates coverage with Buy rating, PT of 17. We believe the unmanned aerial systems industry is entering a multi-year supercycle and view Red Cat as uniquely positioned to capture accelerating demand for defense-grade small intelligence, surveillance, and reconnaissance drones. We see multi-year tailwinds from SRR2, accelerating domestic and international defense spend, and new domain expansion driving significant growth."
* WMT - Walmart-backed fintech OnePay will add bitcoin and ether trading and custody to its app later this year with help from Zerohash, CNBC reports.
* SNOW - Jefferies reiterates buy rating on SNOW, PT 270. Snowflake remains one of our favorite data and artificial intelligence stories and stands to benefit meaningfully as enterprise AI strategies mature and AI-driven data volumes grow exponentially in the coming years. Buy, $270 price target.
* VSCO - Jefferies raises PT To 35 from 30, rates it as a buy. The Victoria’s Secret Fashion Show has proved to be both a cultural and commercial engine. With the show upcoming, we provide a playbook on how the event could help drive near-term results. Outlined below are share-gaining opportunities to build a case for the show’s impact and how strong execution points to near-term upside.
* TKO - Guggenheim lifted its PT to 225 from 205, reiterating buy. the raise reflects “a strong WWE live events slate, including the last-minute addition of WrestlePalooza and a strong, two-night SummerSlam,” plus ESPN rights pull-forward and sponsorship momentum. Full-year adj. OIBDA outlook of $1.615B remains above consensus and guidance.
* CVX - A major fire has erupted after an explosion at Chevron's El Segundo refinery near LAX. The facility supplies \~20% of SoCal’s gasoline and 40% of its jet fuel. Officials say no elevated toxins detected yet, but residents are urged to keep windows closed as smoke spreads
* TSMC - Huawei used TSMC components in top AI chips.
* RDDT - Citizens reiterated outperform with a PT of 200. saying logged-in U.S. users monetize at 10x+ the rate of logged-out users. He sees SEO noise as less relevant than the strong momentum in Reddit’s ad business, which he expects to drive earnings upside.
* AMAT - warned it expects a $710M revenue hit from the new U.S. export restrictions, with $110M shaved off its Q4 and another \~$600M impact in FY26, per WSJ.
* OXY - HSBC upgrades to Buy from Hold, raises PT to 55 from 48. based on revised earnings estimates and DCF assumptions. Our DCF-based TP of USD55.00 is equivalent to 6.7x our revised 2026 EBITDA estimate (down from 6.9x previously) and is slightly more than a turn above the historical level of 5.6x.
* PYPL - Wolfe Research downgrades to peer perform from outperform: questions remain on the company's ability to drive an acceleration in branded growth, which remains top of mind for investors given its indications of market share dynamics and weight within gross profit. Although we believe PYPL's new initiatives have the potential to drive higher branded growth, the year-end acceleration and medium-term guidance remain a show-me story in our view.
* BMBL - Godlamn downgrades to neutral from buy, lowers PT to 7 from 8. n terms of current industry trends, we leverage third-party data and arrive at the following takeaways: 1) while Hinge continues to outperform other apps in terms of user growth, US user trends have decelerated throughout the quarter; 2) Tinder has started to see an improvement in user trends internationally; and 3) consistent with management messaging, Bumble is continuing to de-emphasize marketing, especially in the US, which has led to downloads declining 35%+ year over year (albeit with US MAUs declining at a slower rate).
* CART - Piper Sandler downgrades to Neutral from Overweight, Lowers PT to 41 from 62. We move to the sidelines on CART in light of competitive pressures over the last month. We're less concerned about the quarter than an industry dynamic that pits CART against scaled competitors that may be cheaper and fast-growing peers forging new partnerships. At \~10% GTV growth YTD, the topline looks vulnerable and we downgrade to Neutral.
* FCX - UBS upgrades to buy from neutral, PT to 48 from 42.50. We have consulted various mining experts and they see the risk of a structural impairment to Grasberg's production/value as low, with water challenges relatively easier to resolve at Grasberg (up a mountain) versus many underground mines. We believe the market is pricing in an overly pessimistic outcome for Grasberg recovery, therefore see the risk versus reward as attractive.
* RUM - announced a partnership with Perplexity to integrate its AI search tech into Rumble, launch a bundled Rumble Premium + Perplexity Pro subscription, and promote Perplexity’s Comet browser to Rumble’s audience.
* COIN - Coinbase upgraded to Buy from Neutral at Rothschild & Co Redburn PT $417, up from $325.
OTHER NEWS:
* S&P 500 earnings growth has been hovering in a robust range around 11% for nearly two years. Will the Q3 earnings season continue the trend? The macro backdrop is favorable, in our view, with recent data pointing to solid growth in Q3 (Deutsche Bank forecasts U.S. GDP growth at 2.8% while tracking estimates are pushing nearly 4%), the dollar turning from a headwind to a tailwind, a diminishing drag from falling oil prices, and continued strength for the secular growth sectors.

Going to hope for a mild Green Day and do some trading on LLY NVDA and AMAT. QQQ and AMD.

Yesterday Dell corrected a bit, today it's AMAT. Who makes the schedule and can I get a copy?

RDW, RYCEY, LENZ, AMAT

Pretty good week for me. Hanging at 1.38. Going to take assignment in AMAT and QQQ. Not much powder until then.

Nooo AMAT why warn of a chyna sales hit, things were going so well, just lie, say ai, say itttt

ORCL, MU and AMAT are pumping too

inversing my plays, AMAT crashed cause of bad earnings, but now it magically shot back up to all time highs with 0 catalyst. Logic says to short right? so im inversing my logic