SpaceX IPO, Nvidia's PC Takeover, and Bitcoin's Identity Crisis: This Week's Biggest Sentiment Swings
From a $75B IPO to crude oil at $92 to Ray Dalio doing his 'I told you so' face — here's everything that moved the needle this week
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | buy | $214.85 | — | — | — |
| ARM ARM HOLDINGS PLC /UK | buy | $401.70 | — | — | — |
| INTC INTEL CORP | sell | $112.57 | — | — | — |
| PANW Palo Alto Networks Inc | hold | $273.92 | — | — | — |
| BTC Grayscale Bitcoin Mini Trust ETF | sell | $63157.00 | — | — | — |
| RVMD Revolution Medicines, Inc. | buy | $155.57 | — | — | — |
| MSFT MICROSOFT CORP | buy | $427.34 | — | — | — |
| GOOG Alphabet Inc. | buy | $355.38 | — | — | — |
| HPE Hewlett Packard Enterprise Co | buy | $54.94 | — | — | — |
| MRVL Marvell Technology, Inc. | buy | $297.75 | — | — | — |
| ULTA Ulta Beauty, Inc. | hold | $471.05 | — | — | — |
Let's start with the elephant in the room — or rather, the rocket ship: SpaceX is targeting a fixed $135/share IPO price (no range, no fuss) to raise $75 billion at a $1.75 trillion valuation, with 30% of the float going to retail investors and NASDAQ's new 15-day fast-entry rule meaning passive funds will be forced buyers almost immediately. If you own a broad index ETF, congratulations, you're getting SpaceX whether you like it or not.
Meanwhile, $NVDA announced the RTX Spark Superchip — ARM CPU meets Blackwell GPU — sending $ARM up 15.7% to a record high while $INTC fell 4.6% and $QCOM dropped 8% in a single session. Nvidia isn't just winning AI data centers anymore; it's now coming for your laptop. $M (Macy's) quietly had its best Q1 since 2022 with 3% comp sales growth and raised full-year guidance, because apparently America stress-shops at department stores during geopolitical chaos. Relatable.
Ray Dalio went on Bloomberg to remind everyone that the US is "past the point of no return" on debt, Brent crude hit $98/barrel with the Strait of Hormuz drama, and Bitcoin slid to around $60,000 — down roughly 50% from its $126K peak — while Mark Cuban said it's "lost the plot." The real plot twist? Anthropic quietly filed IPO paperwork, potentially beating OpenAI to public markets. The AI arms race just added a stock market lap.