Nuclear names explode, a deep dive on an AI mircocaps, and ZS, CRM and Okta earnings talk

This week saw some insanity with nuclear energy stocks ripping on Friday, Trump tweeting he wants to put 25% tariffs on iphones (then expanding it to all phones made in China), and the US Steel deal getting announced as completing. Wait, that was all Friday.

The rest of the week was just as busy, with weird stuff going on in Peloton, and Nebius having their first real earnings report as a publicly traded company. Some high beta names like HIMS melted down after three weeks of running hard, and some still haven’t taking a break, like CoreWeave. The index fell by 2.4%, but it sure didn’t feel nearly that bearish given how the buy the dip crowd was out in full force on Thursday and Friday.

Next week is a short week, but with Nvidia reporting on Wednesday and yields still sky high its likely will be another busy week.

Let’s start with yields, as they are fully in the driver seat near term.