THE TAPE
Market Desk · Sentiment

Bessent sanctions escalation on Iran/Russia plus bond selloff keeps risk-off pressure into FOMC.

Sep 2, 2026 · 8:02 AM BEARISH — 62%
Notable Moves 29
DELL
Q2 beat, strong Q3 guide, BofA raises PT to $600.
📰 Why Is Dell Technologies Stock Surging Wednesday?
▲75%
NVDA
Blowout Q2 and MediaTek tie-up reinforce AI moat.
📰 Nvidia's next act is bigger than selling AI chips: Chart of the Day
▲70%
AVGO
Strong beat expected ahead of Q3 earnings tonight.
📰 Top Wall Street Forecasters Revamp Broadcom Expectations Ahead Of Q3 Earnings
▲55%
MU
Taiwan strike risk offsets tight memory supply bull case.
📰 What Is Going On With Micron Tech Stock on Wednesday?
▼55%
000660.KS
SK Hynix growth prospects and valuation praised.
📰 Is SK Hynix a Millionaire-Maker Stock?
▲55%
CVX
Chevron $7B Venezuela investment doubling output to 600k bpd.
📰 Chevron Unveils Updated Venezuela Joint Venture Terms
▲55%
NVDL
Leveraged NVDA play benefits from strong Q2 results.
▲55%
SPY
Third straight down session on rising yields and oil.
📰 Wednesday's big stock stories: What's likely to move the market
▼50%
AMAT
Cramer recommends buying Applied Materials over KLA.
📰 Jim Cramer Says This Tech Stock Is Up 40% For The Year
▲50%
QQQ
Tech sentiment cooling amid bond selloff pressure.
▼45%
TSM
Fell premarket on cooling tech sentiment.
📰 What's Going On With Taiwan Semiconductor Stock Wednesday?
▼45%
SNDK
Top perpetual futures volume driver amid memory boom.
📰 3 Stocks Drive Half of August's $665 Billion CEX Perpetual Futures Volume
▲45%
VRT
Announced $1.45B acquisition of Utility Innovation Group, expanding data center portfolio.
📰 Vertiv Enters Into Agreement And Plan Of Merger To Acquire Utility Innovation Group
▲45%
005930.KS
Samsung buyback/fundamentals strong despite Kospi memory selloff.
▲40%
GOOGL
Berkshire's Abel calls Google a significant AI player; Marvell deal potential.
📰 Berkshire Hathaway CEO Greg Abel Views Alphabet's Google As A 'Significant Player' In AI
▲40%
AAPL
Ives sees M&A potential under new CEO Ternus; Final Trades pick.
📰 Dan Ives Says M&A Is the 'Missing Piece' for Apple in AI Arms Race
▲40%
GOOG
Same Google AI significance and Marvell deal read-through.
📰 Berkshire Hathaway CEO Greg Abel Views Alphabet's Google As A 'Significant Player' In AI
▲40%
EWY
Kospi -27% leverage/momentum unwind continues despite fundamentals.
▼40%
DRAM
DRAM ETF down 30% despite strong memory fundamentals, unwind continues.
▼40%
USO
Iran conflict escalation pushing oil prices higher.
📰 Bessent...Airlines, Maritime, Digital Assets Could Be Targets
▲40%
CRM
Cantor Fitzgerald raises PT to $300 with Overweight.
📰 Cantor Fitzgerald Maintains Overweight on Salesforce, Raises Price Target to $300
▲40%
BTC
BTC weak near $77-78k support amid sanctions threat and risk-off.
📰 Bessent...Digital Assets Could Be Targets
▼40%
SPCX
Notable share of CEX perpetual futures volume in August.
📰 3 Stocks Drive Half of August's $665 Billion CEX Perpetual Futures Volume
▲35%
SOX
Semis index pressured by memory divergence/leverage unwind.
▼35%
CRWD
Helped disrupt major Russian botnet, positive PR/security relevance.
📰 US Just Took Down a 20-Year-Old Russian-Linked Cybercrime Operation — CrowdStrike Helps Disrupt Sality Botnet
▲35%
OPEN
Rate-sensitive name hit hard amid bond selloff.
▼35%
SOXX
Semis ETF exposed to cooling sector sentiment.
▼30%
SMH
Broad semis sentiment cooling per TSM headline.
▼30%
COIN
Bitcoin weakness and digital asset sanction threats from Bessent pressure crypto names.
📰 Bessent...Digital Assets Could Be Targets
▼30%
Full Board 120 symbols
SymbolSignalConf.Why
DELL▲ BULLISH75%Q2 beat, strong Q3 guide, BofA raises PT to $600.
NVDA▲ BULLISH70%Blowout Q2 and MediaTek tie-up reinforce AI moat.
AVGO▲ BULLISH55%Strong beat expected ahead of Q3 earnings tonight.
MU▼ BEARISH55%Taiwan strike risk offsets tight memory supply bull case.
000660.KS▲ BULLISH55%SK Hynix growth prospects and valuation praised.
CVX▲ BULLISH55%Chevron $7B Venezuela investment doubling output to 600k bpd.
NVDL▲ BULLISH55%Leveraged NVDA play benefits from strong Q2 results.
SPY▼ BEARISH50%Third straight down session on rising yields and oil.
AMAT▲ BULLISH50%Cramer recommends buying Applied Materials over KLA.
QQQ▼ BEARISH45%Tech sentiment cooling amid bond selloff pressure.
TSM▼ BEARISH45%Fell premarket on cooling tech sentiment.
SNDK▲ BULLISH45%Top perpetual futures volume driver amid memory boom.
VRT▲ BULLISH45%Announced $1.45B acquisition of Utility Innovation Group, expanding data center portfolio.
005930.KS▲ BULLISH40%Samsung buyback/fundamentals strong despite Kospi memory selloff.
GOOGL▲ BULLISH40%Berkshire's Abel calls Google a significant AI player; Marvell deal potential.
AAPL▲ BULLISH40%Ives sees M&A potential under new CEO Ternus; Final Trades pick.
GOOG▲ BULLISH40%Same Google AI significance and Marvell deal read-through.
EWY▼ BEARISH40%Kospi -27% leverage/momentum unwind continues despite fundamentals.
DRAM▼ BEARISH40%DRAM ETF down 30% despite strong memory fundamentals, unwind continues.
USO▲ BULLISH40%Iran conflict escalation pushing oil prices higher.
CRM▲ BULLISH40%Cantor Fitzgerald raises PT to $300 with Overweight.
BTC▼ BEARISH40%BTC weak near $77-78k support amid sanctions threat and risk-off.
SPCX▲ BULLISH35%Notable share of CEX perpetual futures volume in August.
SOX▼ BEARISH35%Semis index pressured by memory divergence/leverage unwind.
CRWD▲ BULLISH35%Helped disrupt major Russian botnet, positive PR/security relevance.
OPEN▼ BEARISH35%Rate-sensitive name hit hard amid bond selloff.
SOXL● NEUTRAL30%Leveraged semis exposed to memory divergence volatility.
SOXX▼ BEARISH30%Semis ETF exposed to cooling sector sentiment.
SMH▼ BEARISH30%Broad semis sentiment cooling per TSM headline.
COIN▼ BEARISH30%Bitcoin weakness and digital asset sanction threats from Bessent pressure crypto names.
TSLA● NEUTRAL25%China August sales solid but Ford EV competition emerging.
F● NEUTRAL25%Fathom EV pickup teaser, 2027 launch, competitive but distant.
AMD● NEUTRAL20%No direct headline, tied to broader semis sentiment.
005935.KS● NEUTRAL20%Samsung preferred shares tied to same fundamentals.
MRVL● NEUTRAL20%Prior sell-the-news despite Google deal remains overhang.
APH● NEUTRAL20%AI infra power/connector name flagged amid debt-funded capex theme.
BE● NEUTRAL20%Power/infra AI capex theme name, no direct headline today.
ASML● NEUTRAL15%No direct headline, tied to semis sector mood.
STX● NEUTRAL15%Memory/storage sector context only.
WDC● NEUTRAL15%Memory sector spillover context.
SHEL● NEUTRAL15%Oil price rise context but no direct headline.
XOM● NEUTRAL15%Higher oil prices context, no direct headline.
LLY● NEUTRAL15%GLP-1 fraud warning is sector-wide not company specific.
PANW● NEUTRAL15%Cybersecurity peer to Broadcom earnings mention only.
ORCL● NEUTRAL10%No direct headline.
INTC● NEUTRAL10%Tariff/semis overhang context only.
COP● NEUTRAL10%Oil price backdrop only.
SCHD● NEUTRAL10%Dividend REIT bullishness noted but not directly this ticker.
MPC● NEUTRAL10%Oil price backdrop only.
PSX● NEUTRAL10%Oil price backdrop only.
XBI● NEUTRAL10%GLP-1 fraud news marginal sector overhang.
AMGN● NEUTRAL10%GLP-1 fraud news marginal sector overhang.
SKHY● NEUTRAL0%No relevant headline.
SK● NEUTRAL0%No relevant headline.
SKHU● NEUTRAL0%No relevant headline.
IBM● NEUTRAL0%No relevant headline.
CRWV● NEUTRAL0%No relevant headline.
CXMT● NEUTRAL0%No relevant headline.
PLTR● NEUTRAL0%No relevant headline.
KORU● NEUTRAL0%No relevant headline.
LITE● NEUTRAL0%No relevant headline.
MSFT● NEUTRAL0%No relevant headline.
META● NEUTRAL0%No relevant headline.
LRCX● NEUTRAL0%No relevant headline.
NBIS● NEUTRAL0%No relevant headline.
SMCI● NEUTRAL0%No relevant headline.
GEV● NEUTRAL0%No relevant headline.
XYZ● NEUTRAL0%No relevant headline.
AMZN● NEUTRAL0%No relevant headline.
CBRS● NEUTRAL0%No relevant headline.
NOK● NEUTRAL0%No relevant headline.
KVUE● NEUTRAL0%No relevant headline.
688825.SS● NEUTRAL0%No relevant headline.
DISK● NEUTRAL0%No relevant headline.
ARM● NEUTRAL0%No relevant headline.
RBLX● NEUTRAL0%No relevant headline.
ABNB● NEUTRAL0%No relevant headline.
BABA● NEUTRAL0%No relevant headline.
QCOM● NEUTRAL0%No relevant headline.
BAC● NEUTRAL0%No relevant headline.
COHR● NEUTRAL0%No relevant headline.
V● NEUTRAL0%No relevant headline.
SMHU● NEUTRAL0%No relevant headline.
SMHD● NEUTRAL0%No relevant headline.
FSLR● NEUTRAL0%No relevant headline.
HPQ● NEUTRAL0%No relevant headline.
CSCO● NEUTRAL0%No relevant headline.
FERG● NEUTRAL0%No relevant headline.
SSD● NEUTRAL0%No relevant headline.
BWET● NEUTRAL0%No relevant headline.
DIVB● NEUTRAL0%No relevant headline.
VIST● NEUTRAL0%No relevant headline.
MNST● NEUTRAL0%No relevant headline.
KO● NEUTRAL0%No relevant headline.
HD● NEUTRAL0%No relevant headline.
TGT● NEUTRAL0%No relevant headline.
WMT● NEUTRAL0%No relevant headline.
TXN● NEUTRAL0%No relevant headline.
ADI● NEUTRAL0%No relevant headline.
MPWR● NEUTRAL0%No relevant headline.
FN● NEUTRAL0%No relevant headline.
NET● NEUTRAL0%No relevant headline.
IREN● NEUTRAL0%No relevant headline.
LOW● NEUTRAL0%No relevant headline.
KSMH● NEUTRAL0%No relevant headline.
RRC● NEUTRAL0%No relevant headline.
SN● NEUTRAL0%No relevant headline.
MRK● NEUTRAL0%No relevant headline.
MRNA● NEUTRAL0%No relevant headline.
GM● NEUTRAL0%No relevant headline.
BOTZ● NEUTRAL0%No relevant headline.
ON● NEUTRAL0%No relevant headline.
TM● NEUTRAL0%No relevant headline.
STLA● NEUTRAL0%No relevant headline.
HMC● NEUTRAL0%No relevant headline.
BB● NEUTRAL0%No relevant headline.
SE● NEUTRAL0%No relevant headline.
PDD● NEUTRAL0%No relevant headline.
TGRZ● NEUTRAL0%No relevant headline.
CRDO● NEUTRAL0%No relevant headline.

Read the full accumulated context behind this call