UTEX

Trading in SpaceX, the largest IPO in history, is now underway! After pricing at $135, shares opened at $150. 🚀 Trade $SPCX: https://go.utex.io/xwzk86 ⚠️ Important: Short selling is not yet available. For long positions, only limit sell orders are currently supported. #intraday #midterm

What to Expect from the SpaceX IPO 🚀 SpaceX is pricing at $135 per share this Friday, aiming to raise a record $75B at a $1.75–1.8T valuation. If everything goes to plan, that makes it the eighth-largest company in the world by market cap. That’s a loss-making business, for a second. “It's Probably Overpriced” — as Benjamin Graham used to decode the IPO acronym. Jay Ritter, Mr. IPO at the University of Florida, analyzed 9,000 listings going back to 1975 and found that 60% of IPO stocks returned somewhere between -50% and 0% over the next three years. Only 16% ever doubled. The IPO of the century, but there are caveats 🔎 Morningstar puts SpaceX's fair value at $780B, 2.2× below the IPO price. Even in their most optimistic scenario involving Starship and orbital data centers, they get to $1.97T at best, and with low probability. Goldman Sachs, the lead underwriter, makes more money when deals price high and attract strong demand, so their $1.8T valuation is likely not without bias. Musk is simultaneously CEO, CTO, and chairman 👱‍♂️ His shares carry 10 votes each, giving him 85% of voting power while owning around 41% of the stock. Challenging his decisions will be, to put it mildly, an uphill battle. IPO with no lockup 🔓 There's no standard 180-day selling restriction here. Early investors can exit in stages, for example after the first quarterly report, and there will be plenty looking to take profits. Why the price could still soar 🚀 Index providers have changed their rules and will add SpaceX to the Nasdaq 100 and FTSE Russell without the usual one-year waiting period. That turns index funds into forced buyers in the first few weeks at whatever price. Active managers see this coming. Downing's Simon Evan-Cook, for example, plans to buy at IPO and offload to passive funds once they're required to buy at market. Jim Cramer sees a possible short-term surge to $4T. Ron Baron of Baron Capital plans to put in $1B and never sell, expecting a $10–30T valuation in 10–15 years. What to buy instead 📌 Suppliers: 🔘STMicroelectronics (makes chips for Starlink), 🔘Texas Instruments, Carpenter Technology, and Howmet Aerospace provide materials and aerospace components to SpaceX. Other space stocks: Intuitive Machines, AST SpaceMobile, Rocket Lab, Planet Labs. Or the Tema Space Innovators ETF (NASA), which already holds SpaceX. 🔥 Friday is going to be intense. See you on UTEX.

BofA raised its Intel price target by 40%. Oracle to sharply increase CapEx ↗️ Intel (INTC) +4%. BofA Securities upgraded the chipmaker to "Buy" from "Underperform" and raised its price target from $96 to $135 per share. ↗️ Coupang (CPNG) +6%. The South Korean e-commerce giant was fined $409M by South Korea's Personal Information Protection Commission for illegal collection and a massive data leak affecting over 33 million customers. ↘️ Oracle (ORCL) -9%. Investors ignored better-than-expected earnings and focused on sharply rising capital expenditure forecasts. The tech giant will dramatically increase annual capital investments and will raise debt and equity financing to further expand its AI data centers. ↗️ Navan (NAVN) +21%. A platform for managing corporate travel from booking to expense reporting. The quarterly report beat forecasts due to stronger-than-expected revenue growth, record booking volumes, and a return to positive free cash flow. ↗️ Enliven Therapeutics (ELVN) +24%. A biopharmaceutical company specializing in the development of small-molecule therapeutics for cancer treatment. Enliven announced positive results from a Phase 1 clinical trial of its drug for patients with chronic myeloid leukemia. Producer Inflation (PPI) for May: 🔘Month-over-month: +1.1% (forecast +0.7%, previous +1.4%) 🔘Year-over-year: +6.5% (forecast +6.4%, previous +6.0%)

SMCI is raising money for components to fulfill orders. Biotech drops after Sanofi terminates a study ↘️ Super Micro Computer (SMCI) -11%. The server manufacturer plans to raise $7B through the sale of equity instruments to cover the cost of purchasing new equipment. The funding will go toward components for AI server orders ($39B from 20+ clients). ↗️ Cracker Barrel Old Country Store (CBRL) +18%. A restaurant chain with country-style souvenir shops. Earnings per share and revenue came in above expectations, and full-year revenue guidance was raised. ↘️ Chewy (CHWY) -1%. The pet products retailer reported quarterly earnings per share and revenue above expectations.

"Chewy continues to outperform the pet category and expand market share, with profits once again growing faster than sales," said Chewy CEO Sumit Singh.

The company achieved net sales growth of 7.7%, welcomed nearly 200,000 new customers, and achieved record profitability this quarter despite a more dynamic consumer environment. ↘️ Old Dominion (ODFL) -5%. One of the leading less-than-truckload (LTL) carriers in the US. Amazon has expanded its LTL freight service to all US routes. ↘️ Dianthus Therapeutics (DNTH) -20%. A biotechnology company. Sanofi discontinued a late-stage study of its experimental drug for a rare autoimmune disease due to concerns about its efficacy. DNTH's lead drug, clazeprubart (DNTH103), is also a selective C1s monoclonal antibody targeting similar autoimmune diseases. Consumer inflation (CPI) for May: 🔘Month-over-month: +0.5% (forecast +0.5%, previous +0.6%) 🔘Year-over-year: +4.2% (forecast +4.2%, previous +3.8%) ♦ Core CPI year-over-year: +2.9% (forecast +2.9%, previous +2.8%)

SailPoint posted a loss. GSK to acquire biotech Nuvalent at a 40% premium ↘️ SailPoint (SAIL) -11%. A developer of enterprise security and access management software. Revenue exceeded consensus, but the company reported a loss per share instead of a profit. Quarterly guidance offered no surprises. ↘️ United Natural Foods (UNFI) -16%. A distributor of organic and specialty foods. The report missed revenue consensus, and annual guidance came in worse than expected. The company stated that the sales decline was due to deliberate network optimization efforts. ↗️ J.M. Smucker (SJM) +5%. A major American food producer. Earnings per share and revenue beat expectations, primarily due to improvements made in the coffee and sweet baked goods segments. The full-year profit forecast matched expectations. ↗️ Nuvalent (NUVL) +38%, GSK (GSK) -0%. GSK will acquire Nuvalent, a biotech developing lung cancer drugs, for $10.6B. This deal will be one of the largest in GSK's history. The $124 per share offer for Nuvalent represents a 40% premium to the last closing price. Thanks to compelling clinical data, the drugs zidesamtinib and neladalkib have received Breakthrough Therapy and Orphan Drug designations from the FDA. GSK plans to launch both drugs in 2026, pending FDA approval. ↗️ CECO Environmental (CECO) +16%. A supplier of industrial air quality control and fluid handling systems. Following the acquisition of Thermon, the company significantly raised its revenue forecast to $1.28–1.38B, compared to a consensus of $968M. ↗️ Applied Digital (APLD) +10%. A developer, builder, and operator of high-performance, environmentally friendly data centers for AI. A subsidiary of Applied Digital will issue $1.59B in bonds maturing in 2031 to finance the construction of 150 megawatts of critical IT load in the fourth building of the Polaris Forge 1 data center campus in North Dakota.

❓Futures on UTEX — Q&A with product director, Sergey Mikheev Is $100 enough to trade futures? Not really. You'll want at least $500 to trade comfortably.

A micro gold contract is $4,500. At $100, you're looking at 45x leverage — and just a 1.3% move against you is enough to get wiped out.

How are perp prices formed? Perpetuals are priced off the nearest CME contracts. Is there funding on UTEX? No — just an overnight fee. Let’s compare. Say you bought 1 micro natural gas contract for $3,350 and the trade goes against you. 🖤 On Hyperliquid, funding hits at 0.033% of your position every hour — $1.10 an hour, or $26 a day. ❤️‍🔥 On UTEX, you only pay the overnight fee: 0.0194%, or $0.65 per night. Why isn't futures trading round-the-clock? Because UTEX runs on CME hours, and the CME has scheduled breaks. When the CME is closed, liquidity elsewhere dries up — and that's when manipulation happens. For instance, Binance and Hyperliquid never pause. On the night of May 11th, during a CME break, NATGAS spiked almost 7% and flushed out a ton of positions. But none of that touched UTEX traders. Why trade futures at all? To catch moves after the stock market closes. And for arbitrage. Can you lower commissions? Already did! Micro contract commissions on gold, silver, copper, euro, natural gas, crude oil, SPY, and NASDAQ have been cut from $5 to $1.50–2. 👉 Try futures trading: https://go.utex.io/utex-tele-futures

Top ideas for trading this week 🔴 Adobe (ADBE). Report on June 11 after market close. Shares have fallen 40% over the past 12 months amid increasing competition in generative AI. Mizuho analyst Gregg Moskowitz recently downgraded the company from “Outperform” to “Neutral.” "Increased competition in the consumer/SMB segments threatens ADBE's long-term value, along with a lack of a clear catalyst for share growth and the risk of margin erosion," he explains. Moskowitz does not expect any explosive revenue growth over the next two to three years. Support level is $225, and at first glance, medium-term prices look decent, but given Friday's sell-off, there's no need to rush; it's better to wait for the report. The bottom may not have been reached yet. 🔴 RH (RH). Report on June 11 after market close. A retailer of luxury furniture and home furnishings. The company has been hit hard by Trump's tariffs. In January 2025, shares were worth $450; now they are three times cheaper. RH traditionally reacts strongly to earnings, often delivering a large gap and intraday movement. Definitely worth watching. 🔴 FuelCell Energy (FCEL). Report on June 8 before market open. A developer and manufacturer of stationary fuel cell power plants. A highly speculative stock, something like the Virgin Galactic of the alternative energy space. The company has been unable to turn a profit for years. Earnings reports have often shown revenue declines (sometimes up to 25% in a quarter), triggering sell-offs. The company has repeatedly conducted secondary offerings, diluting shareholder stakes, and reverse splits to avoid delisting from Nasdaq. But over the past month, FCEL has risen 128% due to expectations that hydrogen fuel cells could become a power source for AI data centers. Over 80% of FuelCell's order backlog is focused on this segment. Not recommending a buy, but there could be strong moves on the day of the report and for a few days after. 🟡 Campbell's Company (CPB). Report on June 8 before market open. The company produces and sells food products. No AI — a real-sector business since 1869, with a 7% annual dividend and a 36% decline in shares over 12 months. Support at $20 has held since mid-April. Investors are waiting for signs of stabilization in the snacks business. After a disappointing first half, management had to lower guidance. Medium-term prices look decent, with the stock not far from support. A dividend play if the company resolves its issues and shares don't fall below $20. Since 2009, CPB has consistently traded above $25, reaching $65 in 2016. 🔴 Space. The SpaceX IPO takes place this week. After a long rally, space stocks were among the top decliners last week, losing 15%-35%. It's unknown how they will react to the IPO, but prices have become much more attractive for entry. Intuitive Machines (LUNR) AST SpaceMobile (ASTS) Rocket Lab (RKLB) Planet Labs (PL) Tema Space Innovators ETF (NASA) Trade what suits you best: 🟡 Medium risk — for traders with limited experience. 🔴 High risk — for professionals. Profitable deals!

Worst Drop of the Year and the Upcoming SpaceX IPO 🔽 Major U.S. indices ended the week in the red: the SPY lost 2.5%, and the Nasdaq fell 4.5%. Most of the movement occurred on June 5, despite a strong jobs report. By the end of Friday, the Nasdaq had dropped 4.8%, its worst daily result since “Liberation Day” in April of last year. 🗿 The chipmaker sector fell the hardest: Micron Technology -13%, Intel -11%, AMD -11%, Nvidia -6%. Tesla lost 6%, while Meta fell 5.5% amid rumors of a large-scale secondary stock offering. 🪙 The panic spread to digital assets. Bitcoin fell below the psychological $60,000 level, dragging down crypto stocks MicroStrategy (-7%) and Coinbase (-7%). Bitcoin is now attempting to bounce back from that level, trading at $63,500. 📦 Meanwhile, the largest U.S. banks closed the week with solid gains. Wells Fargo, JPMorgan Chase, Citigroup, and Bank of America rose 4-5%, with Friday's sell-off barely affecting them. 💬 Some analysts attribute the collapse to profit-taking and argue that fundamentally strong technology companies will recover and lead markets higher by year-end. Skeptics doubt whether giants spending hundreds of billions on AI will be able to recoup their investments.

“I think if we're in a bubble, we're still early stages,” Warren Pies, co-founder of 3Fourteen Research, told CNBC on Friday. According to him, six stocks in the Nasdaq 100 have risen more than 400% over the past year, a far cry from the peak of the dot-com bubble, when there were 22 such stocks. “I think there's way too much pessimism and worry at this point in time,” Pies said, “and the metrics don't support it.”

📄 Consumer inflation (CPI) data will be released on Wednesday, and producer inflation (PPI) on Thursday. ✨ On Friday, June 12, the most anticipated and largest IPO in history will take place as SpaceX goes public on the stock exchange under the ticker SPCX. 📌 Oracle and Adobe will release their results this week. Other interesting reports include: Casey's General Stores, SailPoint, Lennar, RH, The J.M. Smucker Company, and The Campbell's Company. UTEX · Channel with trading ideas

Event Calendar for the Week of June 8–14 Monday, June 8 🌞 FuelCell Energy, Campbell Soup, Duluth Holdings. 🌙 Vail Resorts, Mama's Creations. 💲 Last day to buy for dividend entitlement: Public Service Enterprise, Becton Dickinson, Simon Property. Tuesday, June 9 🌞 The J.M. Smucker, Uranium Energy, United Natural Foods, SailPoint. 🌙 Cracker Barrel Old Country Store, Casey's General Stores, Suja Life. 📊 Trade balance. 📊 Existing home sales. 📊 API crude oil inventories. 💲 Last day to buy for dividend entitlement: Omnicom, PPL, HP, Brown‑Forman. Wednesday, June 10 🌞 Chewy, Core & Main. 🌙 Oracle, Oxford Industries. 📊 Consumer Price Index (CPI) for May. 📊 EIA crude oil inventories. 📊 May federal budget report. 💲 Last day to buy for dividend entitlement: Fidelity National Information Services. Thursday, June 11 🌞 Lovesac, Hooker Furnishings, Aurora Cannabis. 🌙 Adobe, Lennar, RH. 📊 Initial jobless claims. 📊 EIA natural gas storage. 📊 Producer Price Index (PPI) for May. 💲 Last day to buy for dividend entitlement: ADP, Williams, Regency Centers, American Tower. Friday, June 12 📊 University of Michigan Consumer Sentiment Index. 📊 Consumer inflation expectations. 💲 Last day to buy for dividend entitlement: Healthpeak Properties, Domino's Pizza, Public Storage, Devon Energy, T. Rowe Price, Altria, Extra Space Storage, Xcel Energy, Crown Castle. UTEX · Channel with trading ideas

5 Reasons to switch to UTEX Nova 📊 Multi-charts Open up to six charts simultaneously to monitor your positions without clicking through each ticker. ⌨️ Hotkeys Set up custom hotkeys for order types (market, limit, or stop) and price adjustments. Mouse-free navigation is also supported. 🖥 Detached windows For example, you can move a tab with six charts to its own monitor. 🌎 All markets in one terminal US stocks, futures, crypto. 💲 Comfortable margin fee 8-9% per annum vs. up to 20% on other platforms. 📈 Download UTEX Nova: https://go.utex.io/5rzaaz Installation instructions (Windows): 📱 Google Chrome 📱 Microsoft Edge

Ratings for Unity and AppLovin raised thanks to in-game advertising. Lululemon losing customers. ↘️ Samsara (IOT) -1%. Developer of the Connected Operations Cloud platform for the industrial Internet of Things (IoT). The report beat expectations, and the company raised its 2027 profit and revenue forecasts, but shares are slightly in the red for now. ↘️ Rubrik (RBRK) -1%. An IT company in cybersecurity and data management. Revenue grew 39% year-over-year. Sales and profit came in above consensus. The full-year revenue forecast was raised. ↘️ Planet Labs (PL) -5%. The company specializes in satellite imaging of Earth. Loss per share came in below expectations, while revenue exceeded consensus. The 2027 revenue forecast is positive. However, space stocks have seen a correction in recent days. ↘️ lululemon athletica (LULU) -10%. The premium athletic apparel manufacturer reported better-than-expected results but lowered its full-year forecast due to a weakening market in North America. The reasons include negative comments on social media and unsatisfactory results from new product launches. ↘️ Guidewire Software (GWRE) -12%. A developer of cloud software for the insurance industry reported better-than-expected results, but the revenue forecast fell short of consensus. The business depends on a small number of large contracts, so investors are concerned about delays in closing them and a slowdown in growth. ↘️ DocuSign (DOCU) -4%. An electronic document signature platform. Earnings per share and revenue exceeded expectations. Analysts at Citi stated that DocuSign's first-quarter results were 'solid,' but the projected 3% year-over-year revenue growth was 'weak.' ↗️ Argan (AGX) +10%. The company develops and builds power plants. Argan achieved 50% year-over-year revenue growth. The energy segment accounted for 78% of sales. The company has no debt and a cash reserve. On the call, the CEO highlighted the successful completion of key projects, including the 950-megawatt Trumbull Energy Center. ↗️ G-III Apparel Group (GIII) +8%. The apparel manufacturer easily beat revenue and earnings per share expectations. G-III expects to maintain momentum and see double-digit sales growth from key owned brands such as DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin. ↗️ The Cooper Companies (COO) +6%. The contact lens manufacturer reported earnings per share above expectations and achieved record revenue of $1.08 billion. This marks the tenth consecutive quarter the company has beaten analyst forecasts. ↗️ Unity Software (U) +4%, AppLovin (APP) +3%. Analyst Joe Wittine of Edgewater Research upgraded the companies to 'Outperform,' citing a notable industry shift toward ad-based monetization. This is changing the mobile gaming ecosystem and easing long-standing investor concerns. The main driver for the upgrades was the confirmed shift toward in-game advertising (IAA) and hybrid monetization models.

Financial advisors charge 2% to invest your money in the stocks Trump named on TV. 📈 We don’t 🙃 Here you go: IBM Micron Dell NVIDIA Oracle Adobe Microsoft Broadcom Nokia

Has the correction started? AVGO, CRWD, CIEN, and crypto are in the red. ↘️ Broadcom (AVGO) -15%. Quarterly revenue of $22.19 billion grew 48% year-over-year. AI chip sales reached $10.8 billion, up 143%. However, the company's forecast for AI semiconductor revenue in the current quarter of $16 billion came in below analyst expectations of $17.2 billion. On the call, CEO Hock Tan also acknowledged that Google will likely use products from multiple chip suppliers and warned that rapidly growing AI semiconductor sales are putting pressure on the company's overall gross margin. These comments exacerbated the stock's decline. ↘️ CrowdStrike (CRWD) -10%. The cybersecurity software developer reported results above expectations. The stock had risen more than 80% over the quarter, and apparently investors were expecting more from the report. ↘️ PVH (PVH) -21%. The owner of the Calvin Klein and Tommy Hilfiger brands issued earnings per share guidance below Wall Street expectations. Analysts pointed to the negative impact of the war in Iran. ↘️ Five Below (FIVE) -10%. The '$5 and below' store chain reported earnings per share and revenue above expectations, with the full-year forecast raised. Analysts are talking about a possible decline in sales in the first half of 2027. ↘️ Netskope (NTSK) -23%. The cloud security company reported a loss per share below expectations and revenue above consensus, but guidance was subdued, and the company announced the departure of CFO Drew Del Matto. ↗️ C3.ai (AI) +1%. The AI software developer beat expectations and provided an optimistic forecast. ↘️ Ciena (CIEN) -9%. The company specializes in building high-speed optical networks that transmit massive amounts of data for the internet, cloud computing, and data centers. Earnings per share and revenue exceeded expectations, quarterly guidance was above consensus, and the full-year forecast was raised. Despite this, shares are falling. 🪙 Bitcoin fell 5% in 24 hours. BTC is currently trading at $63,500. Over the last seven days, it is down 13%. Most other cryptocurrencies are also falling.

Rally in Marvell Technology continues. GameStop to carry out $2 billion buyback ↗️ GameStop (GME) +11%. Earnings per share and revenue exceeded expectations. The Board of Directors approved $2 billion in share repurchase programs. ↘️ Palo Alto Networks (PANW) -3%. The cybersecurity company reported better-than-expected results and issued annual and quarterly guidance significantly above consensus. The initial reaction was a 10% rise, but shares have now turned negative. Possibly investors are taking profits — the stock has risen 90% over the quarter. ↘️ Ulta Beauty (ULTA) -2%. The cosmetics retailer reported better-than-expected results and raised its full-year earnings per share forecast. However, the 2026 sales forecast remained unchanged amid fierce competition in the beauty industry. ↘️ GitLab (GTLB) -5%. The software development tools maker reported a reduction in losses and announced a 14% workforce reduction as part of its transition to AI. ↗️ Ollie's Bargain Outlet (OLLI) +4%. The discount retailer reported above consensus and raised its full-year earnings per share forecast. ↗️ Medtronic (MDT) +4%. The medical equipment manufacturer reported earnings per share above expectations, but the 2027 profit guidance came in below consensus. ↗️ Marvell Technology (MRVL) +11%. The rally continues following yesterday's statement by Nvidia CEO Jensen Huang that Marvell will become the next trillion-dollar market cap company. ↗️ NextNav (NN) +15%. A provider of next-generation GPS and 3D geolocation services. An Oppenheimer analyst doubled the price target from $25 to $50 per share.

May at UTEX More than half of traders closed the month in the green. Two-thirds of them locked in $600+ in profit, 10% — from $6.4k, 1% — above $64k. Technology and AI were the main themes of the month. Only ESPR among the top trades belonged to the healthcare sector. Everything else was cloud computing, chips, communications, defense AI, satellites, or technology ETFs. 💰 The most profitable trade was an ORCL short with 8× leverage held for 33 minutes, which generated $10K in profit. And three traders simply collected $1K each in dividends during May. The top trades included: 🔘 4 intraday trades lasting up to two hours with leverage of up to 10×; 🔘 4 mid-term trades held for two weeks or longer with little to no leverage. 📌 Half of the trading volume in May came from 11 tickers, and the most popular stocks among traders were MU, INTC, PLTR, NVDA, IREN, RKLB, TSLA, and NBIS. As always, the month's highlights in the gallery👆 👉 Ride the AI rally: https://go.utex.io/utex-post

Jensen Huang names the next trillion-dollar company. Hewlett Packard Enterprise surges on record report. 🚀 Hewlett Packard Enterprise (HPE) +29%. The company reported record second-quarter results and accelerated its long-term financial goals by two years. The expansion of AI data centers is increasing demand for servers and networking equipment. ↗️ Marvell Technology (MRVL) +18%. Nvidia CEO Jensen Huang appeared on stage alongside Marvell CEO Matt Murphy and stated that MRVL could become the next 'trillion-dollar company.' ↘️ Credo Technology (CRDO) -2%. The semiconductor company supplies integrated circuits, active electrical cables, and SerDes chips. Earnings per share and revenue exceeded expectations, but the next-quarter forecast did not impress investors. ↗️ Microchip Technology (MCHP) +10%. The company expects revenue from data center solutions to grow approximately 65% in 2026. ↗️ Generac Holdings (GNRC) +9%. The energy company signed a supply agreement with a leading hyperscale data center operator. ↗️ Dollar General (DG) +5%. The full-year profit forecast was raised. The report beat expectations — consumers are turning to the discount retailer for low-cost essential goods. ↗️ Signet Jewelers (SIG) +6%. A retail seller of diamond jewelry. The report beat expectations, and the full-year forecast was raised.

"We drove topline growth in the first quarter with all categories up on a comparable sales basis. We also delivered positive performances for both Valentine’s Day in February as well as Mother’s Day to start the second quarter," said CEO J.K. Symancyk.

Top ideas for trading this week 🔴 Hewlett Packard Enterprise (HPE). Report on June 1 after market close. The company builds infrastructure solutions for businesses. HPE is a direct competitor to Dell Technologies in AI servers, high-performance computing, and enterprise networking. Over the past quarter, the stock has risen 100% due to a large AI order backlog (over $5 billion) and growth in networking solutions. Positive momentum was further boosted by Dell's strong report and news that Elliott Management increased its stake in HPE. There have been no relatively safe entry points since March–April, and the nearest support levels are far away. If the report and guidance come in below expectations, sell-offs could follow. But there will certainly be strong intraday moves. 🔴 Lululemon Athletica (LULU). Report on June 4 after market close. Canadian athletic apparel brand. The stock has fallen 58% over the year. In early 2024, the stock reached $500; now it is $131. The main reasons for the decline are reduced demand due to inflation, rising competition, tariff pressure, shrinking margins, and weak design. But there is also positive news. Founder Chip Wilson has agreed to stop publicly criticizing the company. The company ended last quarter with $1.8 billion in cash, giving management flexibility for international expansion and investment in new products. In the fall, Heidi O'Neill will become the new CEO, and investors expect a 'breath of fresh air' in brand development. Medium-term prices look decent, but it's better to wait for the report and guidance. 🔴 Planet Labs (PL). Report on June 4 after market close. The company provides daily satellite imagery of the entire Earth's surface and data analytics based on those images. Planet Labs' subscription services are used by agricultural enterprises, disaster relief agencies, government agencies, and defense organizations. The stock is up 335% over the year. Ahead of the SpaceX IPO, we expect increased volatility after the report, as well as in the sector overall. 🟡 Dollar General (DG). Report on June 2 before market open. A dollar store chain. Its competitor Dollar Tree reported well last week and jumped 20%. Strong support around $100. A candidate for the medium term if it holds that level. In February, the stock reached nearly $160; it is now around $110. 🔴 Micron Technology (MU), SanDisk (SNDK), Western Digital (WDC), Seagate Technology (STX). Memory chipmaker stocks remain among the most volatile on the market. For those who like strong intraday moves. On Friday, Micron Technology's market cap exceeded $1 trillion, breaking into the top 10. Trade what suits you best: 🟡 Medium risk — for traders with limited experience. 🔴 High risk — for professionals. Profitable deals!

The market is accelerating. Three mega IPOs on the horizon The ninth consecutive week of gains: the SPY rose 1.4%, the Nasdaq gained about 3% (+21% for the quarter!). 🔥 Tech companies showed impressive results for the shortened week: Dell Technologies +42.5%, Micron Technology +29%, AppLovin +27%, Oracle +17%, Arm Holdings +17%, IBM +17%. ↘️ The most notable declines were in Zscaler (-18% after its report), recent IPO Cerebras Systems (-16%), and Boston Scientific (-16%). 🪙 Bitcoin is weaker than the market, down 4% over seven days. BTC is currently trading at $73,570. Ethereum lost 4.5%, with ETH testing the important $2,000 level. 🤖 News broke on Thursday that Anthropic, the developer of Claude, has surpassed ChatGPT developer OpenAI in valuation. Anthropic raised $65 billion in a new funding round, becoming the most valuable frontier AI lab — $965 billion versus $852 billion for OpenAI. Its valuation has more than doubled since February. Anthropic is expected to file for an IPO before the end of the year. OpenAI could file within weeks, aiming for a September market debut. 🚀 Elon Musk's SpaceX plans to go public on June 12, which would be the largest IPO in history. In February, the company was valued at $1.25 trillion. SpaceX seeks to raise $75 billion, more than double the record held by Saudi Aramco in 2019. 💲 According to PitchBook, SpaceX, OpenAI, and Anthropic could raise as much money as all venture-backed IPOs in the US over the last decade combined. 📄 On Friday, before the market opens, the May jobs report will be released. Earnings season is winding down. Of the companies that have reported, 81% beat revenue expectations, the highest result since the second quarter of 2021. Reporting this week: Hewlett Packard Enterprise, Palo Alto Networks, Dollar General, Broadcom, CrowdStrike, Planet Labs, Rubrik, Lululemon Athletica. UTEX

Event Calendar for the Week of June 1–7 Monday, June 1 🌞 Science Applications International Corporation. 🌙 Hewlett Packard, Credo Technology. 📊 Manufacturing PMI for May. 💲 Last day to buy for dividend entitlement: KeyCorp, McDonald's. Tuesday, June 2 🌞 Dollar General, Victoria's Secret. 🌙 Palo Alto Networks, Ulta Beauty, GitLab. 📊 JOLTS job openings. 📊 API crude oil inventories. 💲 Last day to buy for dividend entitlement: Avery Dennison, Royal Caribbean Cruises. Wednesday, June 3 🌞 Medtronic, Macy's, THOR Industries. 🌙 Broadcom, CrowdStrike, Five Below, C3.ai. 📊 ADP employment data. 📊 Services and Composite PMI. 📊 Factory orders. 📊 EIA crude oil inventories. 📓 Federal Reserve Beige Book. 💲 Last day to buy for dividend entitlement: Home Depot, Exelon, Qualcomm, NVIDIA. Thursday, June 4 🌞 Ciena, The Toro Company. 🌙 lululemon athletica, Docusign, Planet Labs. 📊 Initial jobless claims. 📊 EIA natural gas storage. 💲 Last day to buy for dividend entitlement: Kimberly-Clark, Weyerhaeuser, Kraft Heinz, Kimco Realty, Genuine Parts. Friday, June 5 🌞 ABM Industries, G-III Apparel Group. 📊 Non-farm payroll change. 📊 Unemployment rate for May. 💲 Last day to buy for dividend entitlement: Stanley Black & Decker, Alphabet. UTEX · Channel with trading ideas

Take the Rorschach test 👀 What do you see in this image? A bull's head You probably call FOMO “intuition.” Try not to buy the top. A security officer's badge Your inner risk manager wants you to cut leverage and stop shorting “overhyped chipmakers.” Dalí's face Your trades look like the dream of someone running a fever. Less surrealism, more stop-losses. The UTEX logo You’re of sound mind and know where to trade US stocks, futures, and crypto. Our marketing team is proud of you.