THE TAPE
Market Desk · Sentiment

Fed split (Hammack hawkish vs dovish tone), record-low VIX range and dividend yield signal complacency ahead of jobs report/FOMC.

Sep 4, 2026 · 1:01 PM NEUTRAL — 55%
Notable Moves 23
NVDA
Called 'buyer of last resort' backstopping AI boom; analyst calls positive.
📰 Nvidia Is Backstopping AI Boom as 'Buyer of Last Resort,' Prominent Economist Tells 'Prof G'
▲60%
WDC
Stock rose 4% as investors return to memory plays.
📰 What's Going On With Western Digital Stock Friday?
▲55%
SNOW
Goldman raises PT, part of software rotation leadership (+23%).
📰 Goldman Sachs Maintains Buy on Snowflake, Raises Price Target to $436
▲55%
MU
China memory share gains weighing on stock despite supply-constrained boom.
📰 China Is Grabbing Memory Market Share. This Stock Could Be a Big Loser.
▼45%
SNDK
Lagging tech rally as China grabs memory market share.
📰 Micron, SanDisk Lag Tech Rally as China Grabs Memory Market Share
▼45%
005930.KS
Samsung benefits from memory price surge/HBM shortage narrative.
📰 Apple Poised To Unveil Most Expensive iPhone Yet, Fuelled By Memory Price Surge
▲40%
TSM
Frantic capacity buildout continues amid AI chip demand.
▲40%
INTC
Mizuho keeps Neutral, lowers price target.
📰 Mizuho Maintains Neutral on Intel, Lowers Price Target to $92
▼40%
000660.KS
SK Hynix benefits from AI memory demand per Zacks note.
📰 Grid Dynamics and Turning Point Brands have been highlighted as Zacks Bull and Bear of the Day
▲40%
MRVL
Continued sell-the-beat pattern post-earnings selloff despite raised guidance.
▼40%
TSLA
Cybercab AI pitch and autonomy push continue narrative momentum despite Gary Black caution.
📰 Musk Says Autonomy Is Flight's Next Step — A Day After Tesla's Cybercab AI Pitch
▲40%
NVDL
Leveraged NVDA exposure benefits from bullish AI backstop narrative.
📰 Nvidia Is Backstopping AI Boom as 'Buyer of Last Resort,' Prominent Economist Tells 'Prof G'
▲40%
CRWD
Named among software names leading chip-to-software AI rotation.
📰 Software stocks are up nearly 40% since the 'SaaSpocalypse' bottom
▲40%
DE
Named among software/rotation beneficiaries.
▲40%
CXMT
China's CXMT gaining DRAM share per multiple reports.
📰 China Is Grabbing Memory Market Share. This Stock Could Be a Big Loser.
▲35%
005935.KS
Samsung preferred shares tied to memory price surge tailwind.
▲35%
AAPL
iPhone 18 costs surging ~400% due to memory price spike, margin risk.
📰 Apple Poised To Unveil Most Expensive iPhone Yet, Fuelled By Memory Price Surge
▼35%
CSCO
Citi says buy the dip on networking stock post-selloff (implied Cisco-like).
📰 Buy the dip on this networking stock that set to more than double, says Citi
▲35%
DRAM
HBM shortage/memory boom intact per context despite China share gains.
📰 China Is Grabbing Memory Market Share. This Stock Could Be a Big Loser.
▲35%
STX
Memory/storage sentiment lifting peers like WDC.
▲30%
FN
Fabrinet highlighted as long-term outperformer versus market.
📰 If You Invested $1000 In Fabrinet Stock 5 Years Ago, You Would Have This Much Today
▲30%
GDYN
Grid Dynamics highlighted as Zacks Bull of the Day for AI growth.
📰 Grid Dynamics and Turning Point Brands have been highlighted as Zacks Bull and Bear of the Day
▲30%
WMT
Notable trader publicly bought Walmart on CNBC.
📰 Live On CNBC, Bil Baruch Announces Bought Walmart
▲25%
Full Board 124 symbols
SymbolSignalConf.Why
NVDA▲ BULLISH60%Called 'buyer of last resort' backstopping AI boom; analyst calls positive.
WDC▲ BULLISH55%Stock rose 4% as investors return to memory plays.
SNOW▲ BULLISH55%Goldman raises PT, part of software rotation leadership (+23%).
AVGO● NEUTRAL50%Mixed analyst views: Citi raises PT, DA Davidson cuts, reflects sell-the-beat pattern.
SPY● NEUTRAL50%Record-low VIX/dividend yield signal complacency ahead of jobs data.
MU▼ BEARISH45%China memory share gains weighing on stock despite supply-constrained boom.
QQQ● NEUTRAL45%Tech-heavy index tracks AI/software rotation, mixed signals.
SNDK▼ BEARISH45%Lagging tech rally as China grabs memory market share.
005930.KS▲ BULLISH40%Samsung benefits from memory price surge/HBM shortage narrative.
TSM▲ BULLISH40%Frantic capacity buildout continues amid AI chip demand.
INTC▼ BEARISH40%Mizuho keeps Neutral, lowers price target.
000660.KS▲ BULLISH40%SK Hynix benefits from AI memory demand per Zacks note.
MRVL▼ BEARISH40%Continued sell-the-beat pattern post-earnings selloff despite raised guidance.
TSLA▲ BULLISH40%Cybercab AI pitch and autonomy push continue narrative momentum despite Gary Black caution.
NVDL▲ BULLISH40%Leveraged NVDA exposure benefits from bullish AI backstop narrative.
CRWD▲ BULLISH40%Named among software names leading chip-to-software AI rotation.
DE▲ BULLISH40%Named among software/rotation beneficiaries.
CXMT▲ BULLISH35%China's CXMT gaining DRAM share per multiple reports.
005935.KS▲ BULLISH35%Samsung preferred shares tied to memory price surge tailwind.
AAPL▼ BEARISH35%iPhone 18 costs surging ~400% due to memory price spike, margin risk.
CSCO▲ BULLISH35%Citi says buy the dip on networking stock post-selloff (implied Cisco-like).
DRAM▲ BULLISH35%HBM shortage/memory boom intact per context despite China share gains.
SOXL● NEUTRAL30%Leveraged semis exposed to memory/AI rotation volatility.
ORCL● NEUTRAL30%Morgan Stanley keeps Equal-Weight, modest PT raise.
STX▲ BULLISH30%Memory/storage sentiment lifting peers like WDC.
SPCX● NEUTRAL30%SpaceX options strategy ahead of Sept 15 Starship flight, share unlock risk.
SOX● NEUTRAL30%Chip index mixed with memory boom vs sell-the-beat pattern.
SOXX● NEUTRAL30%Broad semis ETF mixed amid rotation dynamics.
SMH● NEUTRAL30%Semis ETF exposed to same rotation/memory dynamics.
EWY● NEUTRAL30%Stale outflow divergence watched for reversal as memory sentiment resets.
FN▲ BULLISH30%Fabrinet highlighted as long-term outperformer versus market.
USO● NEUTRAL30%Iran conflict/diesel tightness keeps oil volatility elevated but crude fade-the-spike holds.
GDYN▲ BULLISH30%Grid Dynamics highlighted as Zacks Bull of the Day for AI growth.
MSFT● NEUTRAL25%Nadella's $44M stock sale seen as non-alarming.
SHEL● NEUTRAL25%Energy sector dividend stocks favored by Goldman amid oil volatility.
XOM● NEUTRAL25%Goldman favors dividend energy names amid Iran-driven oil risk.
CVX● NEUTRAL25%Chevron's Venezuela JV diversification is long-term positive but distant.
WMT▲ BULLISH25%Notable trader publicly bought Walmart on CNBC.
BTC● NEUTRAL25%Bitcoin rally from Waller dovish hint persists per context, still elevated near $81k.
AMD● NEUTRAL20%No direct headline, rides chip sentiment.
ASML● NEUTRAL20%No direct headline, tied to broader semicap capex trend.
GOOGL● NEUTRAL20%US-China AI talks scheduled, mild positive for AI leaders broadly.
GOOG● NEUTRAL20%Same AI talks tailwind as GOOGL.
AMAT● NEUTRAL20%Tied to semicap capex trend, no direct news.
LRCX● NEUTRAL20%Tied to semicap capex trend, no direct news.
COP● NEUTRAL20%Goldman dividend energy pick basket relevance.
MPC● NEUTRAL20%Refiner economics tightened by diesel price highs.
PSX● NEUTRAL20%Refiner margins boosted by diesel tightness.
OXY● NEUTRAL20%Energy dividend pick relevance amid oil volatility.
SNPS● NEUTRAL20%CEO cited on HBM shortage confirming memory boom through 2027-2030.
BABA● NEUTRAL15%China AI talks slightly positive for Chinese tech broadly.
COIN● NEUTRAL15%Robinhood crypto venture news is loosely relevant to crypto brokerage sentiment.
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.
PLTR● NEUTRAL0%No relevant headline.
KORU● NEUTRAL0%No relevant headline.
LITE● NEUTRAL0%No relevant headline.
META● 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.
RBLX● NEUTRAL0%No relevant headline.
ABNB● 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.
LLY● NEUTRAL0%No relevant headline.
FERG● NEUTRAL0%No relevant headline.
SSD● NEUTRAL0%No relevant headline.
BWET● NEUTRAL0%No relevant headline.
SCHD● 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.
TXN● NEUTRAL0%No relevant headline.
ADI● NEUTRAL0%No relevant headline.
MPWR● 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.
XBI● NEUTRAL0%No relevant headline.
AMGN● NEUTRAL0%No relevant headline.
F● 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.
CRM● NEUTRAL0%No relevant headline.
SE● NEUTRAL0%No relevant headline.
PDD● NEUTRAL0%No relevant headline.
APH● NEUTRAL0%No relevant headline.
DELL● NEUTRAL0%No relevant headline.
OPEN● NEUTRAL0%No relevant headline.
BE● NEUTRAL0%No relevant headline.
VRT● NEUTRAL0%No relevant headline.
TGRZ● NEUTRAL0%No relevant headline.
PANW● NEUTRAL0%No relevant headline.
CRDO● NEUTRAL0%No relevant headline.

Read the full accumulated context behind this call