Shyon

The market has become much more selective. It is no longer rewarding AI spending alone—it wants clear evidence that AI investment is translating into revenue, margins and cash flow. That's why I think Friday's payroll report will be just as important as earnings, because it could shape expectations for the Fed and overall market sentiment.

Personally, I'm not rushing to add aggressively before the jobs report. I prefer to stay patient and keep some cash available in case volatility creates better entry points. If payrolls come in weaker than expected without triggering recession fears, I think it could support growth stocks and provide another opportunity to add to quality AI names through DCA.

I'm also watching SpaceX's first earnings closely. The stock has already corrected sharply, so expectations are much lower than at its IPO. If management delivers solid execution and gives investors confidence in future growth, I believe sentiment could improve quickly. For now, I'm staying disciplined, focusing on long-term fundamentals instead of short-term market swings.

I predict SpaceX (SPCX) will close at US$130.60 on Wednesday after earnings.

The stock has already fallen more than 50% from its peak, and I believe much of the pessimism is already reflected in the price. If SpaceX delivers solid revenue growth, healthy margins, and gives investors confidence in its launch cadence and Starlink business, I expect a strong relief rally. While the IPO lock-up expiry may create some volatility later, I think the earnings reaction will dominate the first trading day. My target is US$130.60.

Microsoft's results reinforce my conviction that the AI investment cycle is still intact. The market is no longer rewarding AI spending alone—it wants clear monetisation. Azure's 43% growth and stable capex show Microsoft is converting AI investments into real earnings, which is exactly what investors have been waiting to see.

Meta's weak free cash flow doesn't make me bearish on AI. To me, it highlights execution risk rather than the end of the AI trade. Companies that can demonstrate profitable AI deployment will continue to outperform, while those with rising spending but slower returns may face more pressure in the near term.

I'm staying constructive on the sector and will continue accumulating quality names during volatility, especially semiconductor and AI infrastructure leaders. With Apple and Amazon reporting next, I think this earnings season will further separate the true AI winners from the rest.

I think Apple can justify a premium valuation only if this earnings report shows AI is translating into stronger iPhone demand, services growth, and higher margins. At a $5 trillion valuation, investors are expecting more than just solid results.

I'm also watching management's guidance closely. If Apple provides a confident outlook on AI adoption and future revenue growth, the market could support these levels. A cautious forecast, however, may trigger some profit-taking after the recent rally.

Personally, I remain bullish on Apple over the long term. Short-term volatility around earnings is normal, but I believe its ecosystem, loyal customer base, and AI strategy still provide a strong foundation for future growth.

📍 Winner: MSFT

🎲 Loser: AMZN

Picked Microsoft as winner as its share price is sufficiently pulled back over the last few weeks. Amazon as the loser simply due to it is the weakness among the 4.

The Nvidia pullback doesn't change my long-term view. A 5% drop after such a massive rally is normal, especially before the Fed decision and a week packed with Big Tech earnings. Markets are simply repricing risk, not abandoning the AI story.

I'm watching the memory sector even more closely. If SK Hynix and other memory names continue to sell off despite solid fundamentals, I'll see it as a chance to gradually add rather than panic. Demand for HBM and AI infrastructure still looks strong over the next few years.

For me, this week is all about execution. The Fed, Microsoft, Meta, Apple and Amazon earnings will matter far more than one day's price action. If the AI investment thesis remains intact, I'll stay patient and keep buying quality names on weakness.

I’m leaning toward selectively buying the rebound instead of chasing it aggressively. The pullback in oil is a positive for growth stocks because it eases inflation and rate concerns, but I think this relief rally still needs confirmation from the Fed and this week's Big Tech earnings.

What excites me more is Nvidia's continued commitment to AI infrastructure. Whether it's supporting OpenAI's massive data center financing or investing in NAVER, it reinforces my long-term conviction that AI spending is far from over. That's why I'm still more bullish on semiconductors and AI infrastructure than on short-term market swings.

For me, Microsoft, Meta, Amazon and SK Hynix will be the key reports this week. If they can show that AI investments are translating into stronger revenue and sustainable demand, I'll be comfortable adding to my AI and semiconductor positions. Otherwise, I'll stay patient and wait for better entry points.

I see this selloff as a healthy reset rather than the end of the AI bull market. Alphabet and Tesla reminded investors that massive AI spending comes with short-term pressure on margins and free cash flow, but Intel's surprisingly strong results proved that enterprise AI infrastructure demand remains very real. To me, the AI investment cycle is expanding beyond just Nvidia into CPUs, foundry services and memory, which reinforces my long-term conviction in the semiconductor sector.

The biggest risk I am watching now isn't Big Tech earnings alone, but the surge in oil prices. If Brent remains above $100 for an extended period, inflation expectations and Treasury yields could stay elevated, creating additional pressure on growth stocks. That's why I believe market volatility will remain high until Microsoft, Meta, Apple and Amazon report next week. Their capital expenditure plans and AI monetization progress will likely determine the next major move for the market.

Personally, I remain constructive over the long term and see sharp pullbacks as opportunities to gradually accumulate high-quality AI and semiconductor companies rather than trying to predict the exact bottom. Markets often overreact to short-term uncertainty, but I believe the companies that can successfully convert today's aggressive AI investments into sustainable revenue, profits and cash flow will ultimately reward patient investors over the coming years.

For me, the biggest focus this week is still the AI investment cycle. I believe Google's earnings will set the tone for the entire sector because its AI capex and cloud growth will tell us whether hyperscalers are still accelerating infrastructure spending. If management continues to raise investment despite concerns over free cash flow, I'll take that as a bullish signal for semiconductors and AI infrastructure names.

I'm also watching Tesla closely, but I'm more interested in its AI and robotics roadmap than vehicle deliveries. Robotaxi, FSD progress, and energy storage will matter much more than quarterly margins over the long run. Short-term volatility is expected, but I remain optimistic about Tesla's long-term AI story.

Among all the names this earnings season, I'm still most bullish on the semiconductor sector. I've been using the recent pullback to accumulate positions like SOXL, as I believe AI demand hasn't peaked—it is simply going through a sentiment reset. If Google, Tesla, and Intel can reinforce the AI growth narrative, I think this could mark the beginning of the next leg higher for the sector.

I see Alphabet's massive 2026 capex plan as a sign of confidence, not a warning. If management believed AI demand was slowing, they would be cutting investments instead of raising them. Short-term negative free cash flow is worth watching, but it doesn't change my long-term investment thesis.

The same goes for Tesla. My thesis has never been based on one quarter of margins or cash flow. I'm investing for Robotaxi, Optimus, AI, and autonomous driving, which I believe will be the real long-term value drivers. Quarterly volatility is simply part of the journey.

To me, this pullback looks more like an opportunity than a reason to panic. History has shown that the biggest winners often go through periods of heavy investment before the returns appear. I'll continue accumulating high-quality AI leaders during weakness and stay focused on where these businesses could be several years from now, not just next quarter.

I'm staying constructive on the semiconductor sector and used the recent pullback to add more exposure rather than reduce it. The rebound in memory stocks reinforces my view that the earlier selloff was driven more by sentiment than deteriorating fundamentals. AI infrastructure spending remains strong, and demand for HBM, DRAM, NAND, and advanced storage should continue benefiting the entire semiconductor supply chain. That's why I'm still comfortable accumulating SOXL and selectively adding names like Micron.

Tonight's earnings from Tesla and Alphabet will be the real test for market sentiment. Beyond the headline numbers, I'll be paying close attention to management's comments on AI monetization, cloud demand, capital expenditure, and forward guidance. If both companies demonstrate that AI investments are translating into stronger revenue and cash flow, I believe it could provide another leg higher for the broader AI ecosystem.

Volatility is inevitable, but I try not to let short-term price swings influence my long-term strategy. As long as the structural AI story remains intact, I prefer to stay invested and continue dollar-cost averaging during periods of weakness instead of trying to perfectly time every market move. Patience and consistency have always been the core of my investing approach.

I'm still leaning toward buying the dip in AI and semiconductor stocks. The recent correction feels more like a sentiment reset than a change in the long-term story. AMD securing Microsoft for Helios and Google reportedly developing more advanced custom AI chips only confirm that AI infrastructure spending continues to accelerate, not slow down.

I don't see this as an "anti-Nvidia" trade. The AI market is becoming larger and more competitive, which is healthy for the entire ecosystem. Nvidia will remain a major beneficiary, while companies across memory, networking, storage and software should also capture meaningful growth. That's why I'm using this pullback to gradually accumulate my highest-conviction AI positions.

Oil and energy could stay strong if Middle East tensions escalate further, but I prefer to stay focused on where I see the biggest long-term compounding opportunity. Short-term volatility doesn't change my strategy. As long as AI demand and enterprise spending remain intact, I'll continue to add on weakness and let time do the heavy lifting.