UTEX

Bitcoin above $80,000 Crypto stocks are rallying. Strategy (MSTR) +10% Coinbase (COIN) +8% BitMine (BMNR) +7%

Wells Fargo downgrades Netflix. Mbappé moves from Nike to On Holding ↘️ Xenon Pharmaceuticals (XENE) -22%. The company announced a voluntary pause in patient enrollment in its current Phase 3 clinical trials for major depressive disorder and bipolar depression after analyzing data on nervous system and psychiatric adverse events. ↘️ Nucor (NUE) -2%. The steel company issued a quarterly profit forecast notably below consensus. ↘️ Netflix (NFLX) -3%. Wells Fargo downgraded the streaming giant to "Underperform" and cut its price target from $80 to $57. The bank cited weakening audience engagement. Analyst Steven Cahall noted that Netflix appears to be expanding engagement into games, documentaries, reality shows, and video podcasts, competing with YouTube, but risks missing out on buzzworthy original projects that create value for subscribers. 🪙 Bitcoin has risen and is now trading around $78,000. Crypto stocks are also in the green: Strategy (MSTR) +3% Coinbase (COIN) +2% BitMine (BMNR) +3% ↗️ On Holding (ONON) +5%. The Swiss sneaker brand signed a contract with French star Kylian Mbappé as a global brand ambassador and product development partner, marking the company's official entry into the global football market. This is a direct challenge to the long-standing dominance of Nike and Adidas. Mbappé, the 27-year-old "Real Madrid" forward, terminated his previous sponsorship contract with Nike to help On develop footwear and apparel using its proprietary LightSpray manufacturing technology.

Top trades of the first half of September 📅 ✨ One trader took five of the ten spots and made +$9,500 in profit. But another beat that result with just two trades: +$13,600 from a CoreWeave short and an SK Hynix long. ✨ 8 out of 10 trades were longs, but the biggest profit came from a short position in CRWV → +$7,070. The top traders spent an average of about 5 hours in a position. Almost all trades were closed the same day or the next. ✨ The 3x leveraged semiconductor ETF SOXL earned one trader ~15%, or $1,806, on a position of just $12,000. Meanwhile, a $400,000 position in Tyson Foods returned only 0.29%, but generated roughly the same profit — $1,674. Size matters. ✨ Half the list is AI and semiconductors: CoreWeave, SK Hynix, Broadcom, SOXL, and Marvell Technology. The other five tickers come from retail, food, and finance. There are opportunities everywhere. ✨ Among positions that are still open, Rocket Lab hurts the most. The stock has lost 21% over the past month, leaving UTEX traders with $65,000 in unrealized losses. The most profitable open positions are in Securitize (a real-world asset tokenization company), Michael Saylor’s Strategy, and Ethos (a life insurance platform). Different stocks, timeframes, and position sizes. The key is to find the move and take profits at the right time. 🎯 Trade on UTEX and claim your spot in the top 10: https://go.utex.io/utex-post

Rate hiked, but the market isn't disappointed. Nebius raises prices 🏦 As expected, yesterday the Fed raised rates by 25 basis points — to 3.75%–4%. Fed Chair Kevin Warsh stated that inflation remains too high, and that the regulator is abandoning the practice of giving markets advance signals about future moves. Warsh emphasized that fixating on individual monthly reports (such as inflation or retail sales) is dangerous, and that the Fed will no longer react impulsively to every new batch of "noisy" data. Analysts expect "maximally hawkish policy" from the Fed. Nevertheless, in pre‑market trading the SPY is up 1.15%, and the Nasdaq is up 1.5%. ↗️ Generac Holdings (GNRC) +30%. The energy company announced a major long‑term agreement with Amazon to supply backup power generators for Amazon Web Services (AWS) data centers. The total potential contract value could reach up to $8B. The first shipments, worth $2.4B, are scheduled for 2027 and 2028. ↘️ Fluence Energy (FLNC) -21%. A provider of energy storage solutions and AI‑based software for optimizing renewable energy and power grids. The company sharply cut its full‑year guidance due to ongoing supply chain disruptions affecting battery production in the US. ↘️ Lennar (LEN) -1%. The homebuilder again lowered its delivery volume forecast for the current year, citing pressure from interest rates and worsening conditions in the residential real estate market. ↗️ Nebius (NBIS) +9%. The company disclosed details of the second stage of cloud GPU and CPU price increases: starting October 1, H100 prices will rise 17%, and B300 by 21%. ↗️ Vicor Corporation (VICR) +12%. The company is addressing the "last inch" power delivery problem for AI accelerators consuming over 1,000 watts. It announced the granting of a non‑exclusive license to its Vertical Power Delivery (VPD) technology to a leading AI hardware manufacturer.

$2,000 for an iPhone Duo or Apple stock? For the same amount of money, you can buy a new smartphone or become a co-owner of the company that makes it by buying 6 shares. Apple’s gross margin was around 50% last quarter. And over the full 2025 fiscal year, the company returned more than $100B to shareholders through buybacks and dividends. Share buybacks reduce the number of shares outstanding, increasing the ownership stake of remaining shareholders. With an iPhone, the trajectory is fairly predictable: in a year, it will be worth about a third less, and in two years, about half as much. There’s no such certainty with stocks: they can rise or fall. That uncertainty is the price of having upside potential. 🍏 Apple shares are available for trading on UTEX.

Markets await Fed decision, chipmakers discuss deal, J.B. Hunt warns of lower profit ⚠️ Investors are preparing for the Fed’s interest rate decision today. According to CME FedWatch, the probability of a 25-basis-point rate hike stands at 92.5%. 🪙 Bitcoin is trading around $76,000. Yesterday, the U.S. Senate blocked consideration of the CLARITY Act, but the crypto market avoided a sharp selloff. ↘️ J.B. Hunt Transport Services (JBHT) -10%. The transportation and logistics company unexpectedly warned that third-quarter profit could fall 5–10% compared with the second quarter. J.B. Hunt does not typically comment on results during the quarter. ↗️ Intel (INTC) +3%, SK Hynix (SKHY) +2%. Reuters reported, citing three sources, that SK Hynix is in talks with Intel over a potential deal to manufacture memory chips in the U.S. Two options are under discussion. The first would involve SK Hynix leasing part of Intel’s planned Ohio facility. The second would involve forming a joint venture between the two companies and major cloud service providers. ↘️ Expedia Group (EXPE) -2%. The company operates travel planning and booking services. Morgan Stanley analysts rated the stock Underweight and set a $235 price target, about 20% below Tuesday’s closing price. The bank’s concerns center on user engagement. In the second quarter, growth in Expedia’s monthly active users slowed to 0%, compared with 6% at Booking.сom and 10% at Airbnb. Analysts also highlighted Expedia’s heavy reliance on chain hotels and air travel. Offerings in these segments differ little across platforms, making them more vulnerable to the rise of AI tools. Morgan Stanley believes Expedia lags its competitors in differentiating its offering for users. ↗️ Trip.com Group (TCOM) +4%. The Shanghai-based online travel services group reported EPS and revenue above expectations. Chairman James Liang called inbound travel to China a key growth opportunity. “We intend to support the development of inbound tourism and have set an ambitious goal of serving 200 million international travelers over the next five years,” Liang said.

Crypto stocks under pressure, biotech +15%. Premarket overview ↗️ Waystar Holding (WAY) +12%. The healthcare payments software provider is exploring strategic alternatives, including a potential sale. ↗️ Vera Therapeutics (VERA) +15%. The biotech stock is rising after a successful trial of its drug for patients with primary IgA nephropathy at high risk of disease progression. ↘️ TORM (TRMD) -7%. The company specializes in seaborne transportation of refined oil products, including gasoline, jet fuel, and naphtha. It announced a secondary public offering of 9M shares. TORM itself is not selling any shares and will not receive any proceeds from the offering — the deal represents a large institutional investor exiting its position. ↘️ Dave & Buster's Entertainment (PLAY) -13%. The company operates a chain of restaurants with arcade games and sports viewing across North America. Its earnings report fell short of Wall Street expectations for both EPS and revenue. Entertainment-related revenue fell nearly 9% to $332.6M. 🪙 Bitcoin is trading around $77,000. The Senate is holding a procedural vote on the CLARITY Act today. Democrats have sent Republicans a counterproposal as the two sides have yet to reach an agreement on ethics restrictions for government officials related to crypto assets. The bill’s chances of passing are estimated at 15–25%. ↘️ Against this backdrop, crypto-related stocks are lower: Coinbase (COIN) -4% Strategy (MSTR) -3% BitMine Immersion (BMNR) -4%

AI concerns and the rate decision. What to expect from markets this week 🔽 Major stock indexes ended last week lower: SPY lost 0.77%, while the Nasdaq fell 0.57%. As usual, the tech sector performed best: Dell Technologies +8%, Advanced Micro Devices +8%, SK Hynix and Intel +7% each. The biggest declines came from two major pharmaceutical companies — Novartis (-14%) and Amgen (-13%). 🪙 Bitcoin fell about 1.7% over the week and is now trading around $77,800. 🏦 The main event this week is Wednesday’s Fed meeting, when the interest rate decision will be announced. Recent data showed that the labor market remains relatively resilient: more jobs were added in August than expected, while economists revised June and July employment figures higher. According to CME FedWatch, the probability of a 25-basis-point rate hike has risen to 86.5%, from just 58.6% a week ago. Ahead of the meeting, Trump said that “the United States should have the lowest interest rates in the world.” 👌 On Sunday, OpenAI CEO Sam Altman officially confirmed that the company had abandoned plans for a 2026 IPO. He cited serious concerns about AI safety and uncontrolled development as the main reason. Earlier, Altman told Fortune that even a 10% chance of AI causing human extinction by the end of the decade was completely unacceptable. ⚡ OpenAI’s decision coincided with a major essay by Anthropic CEO Dario Amodei, who warned about the risks of recursive self-improvement in AI models. Industry leaders, including Elon Musk (xAI) and Demis Hassabis (Google DeepMind), unexpectedly agreed that the AI race needs to slow down to allow more time to develop effective control mechanisms. 💬 Some investors are already concerned that statements from Altman and Amodei could have a significant impact on stocks of companies with exposure to AI. 📅 The earnings calendar is extremely light this week. Among major companies, the only notable name is Lennar, the third-largest U.S. homebuilder by market capitalization.

Event Calendar for the Week of September 14–20 Monday, September 14 🌞 RF Industries, Hain Celestial. 🌙 Dave & Buster’s, MindWalk, Kestra Medical Technologies. 💲 Last day to buy for dividends: Coca-Cola, Altria, Gilead Sciences, Devon Energy, Macy’s, T. Rowe Price. Tuesday, September 15 🌞 Forgent Power Solutions, Vera Bradley, Bioceres Crop Solutions. 🌙 Trip.сom Group, Evolution Petroleum. 📊 Empire State Manufacturing Index. 📊 API crude oil inventories. 💲 Last day to buy for dividends: TSMC, NXP Semiconductors, Prologis, Intercontinental Exchange, AIG, Motorola Solutions, Permian Resources. Wednesday, September 16 🌞 LuxExperience, iSpire. 🌙 Lennar. 📊 August retail sales. 📊 August import and export price indexes. 📊 EIA crude oil inventories. 🏦 Fed press conference on interest rates. 💲 Last day to buy for dividends: Salesforce, Royal Caribbean, Best Buy, VICI Properties. Thursday, September 17 🌞 Innate Pharma. 📊 Initial jobless claims. 📊 August housing starts and building permits. 📊 Philadelphia Fed Manufacturing Index. 📊 Pending home sales. 📊 EIA natural gas inventories. 💲 Last day to buy for dividends: Restaurant Brands International, Omnicom, International Flavors & Fragrances, EnerSys, Frontline, Sibanye Stillwater. Friday, September 18 📊 August industrial production. 💲 Last day to buy for dividends: Broadcom, Vistra, DTE Energy, Main Street Capital. UTEX

Copart acquires a competitor, RH expands its audience. Premarket overview ↘️ Zumiez (ZUMZ) -15%. The action sports retailer reported a loss per share of $0.17 on revenue of $209M, both below expectations. Investor sentiment deteriorated sharply after the company issued weak third-quarter guidance. It expects revenue of $222–226M and EPS of $0.00–0.10, compared with Wall Street consensus of $0.59. The cautious outlook reflects sluggish demand for apparel during the back-to-school season. ↘️ Adobe (ADBE) -4%. Revenue and EPS came in only slightly above expectations. Fourth-quarter revenue guidance was slightly below consensus. ↗️ Oracle (ORCL) +6%. The database and cloud infrastructure giant reported EPS of $1.92, beating the consensus estimate of $1.73. Total revenue came in at $19.3B, including $11.6B from cloud services. Oracle also raised its EPS and revenue guidance for 2027. ↗️ Copart (CPRT) +4%. A major U.S. operator of a global online vehicle auction platform. EPS missed expectations, but Copart agreed to acquire ACV Auctions (ACVA), a marketplace for wholesale used vehicle sales. The deal is valued at about $1.9B, or $10.50 per share — a 45% premium to ACVA’s August 10 closing price. ↗️ RH (RH) +7%. The company specializes in luxury home furnishings. Second-quarter profit increased, and the full-year outlook was raised. CEO Gary Friedman highlighted strong initial demand for the new RH Estates collection. He noted that interest is coming “almost exclusively” from new customers, suggesting that the collection is genuinely expanding the company’s target market rather than cannibalizing sales of existing products. ↗️ Frequency Electronics (FEIM) +29%. A manufacturer of high-precision timing and frequency control systems. EPS and revenue significantly exceeded expectations. Funded backlog rose to a record $129M, up 82% year over year and 16% from the previous quarter. The book-to-bill ratio reached 1.76:1, signaling sustained demand from US satellite, government, and defense programs. Management expects annual revenue to reach or exceed $150M by fiscal 2029. One customer under a secure military communications contract has requested a more than 50% increase in monthly production volume. 🇺🇸 CPI inflation for August 🔘m/m: +0.4% (expected +0.4%, prior +0.1%) 🔘y/y: +3.4% (expected +3.4%, prior +3.4%) Core CPI: +2.4% y/y (expected +2.4%, prior +2.5%).