🦾 MPWR-ed

Plus, Meta's 'nightmarish' new app...

HAPPY MONDAY TO THE STREET.

It’s the end of one era and the beginning of the next.

Legendary investor Warren Buffett announced his retirement at age 95. Legendary investing newsletter The Street Sheet rolled out its new look on the very same day. Two equally paradigm-shifting events.

ICYMI, here’s what else happened on the Street today.

  • 🟥 | US stocks fell today, snapping the S&P 500’s historic winning streak, as investors impatiently awaited progress on trade deals.

  • 📈 | One Notable Gainer: Shares of UnitedHealth $UNH ( ▲ 1.22% ) rose after the mega-insurer said it has 1,000 AI use cases in production.

  • 📉 | One Notable Decliner: Berkshire Hathaway $BRK.B ( ▼ 5.12% ) sold off following Buffett’s announcement, though he will stay on as chair.

— Brooks & Cas

Sponsored by Pacaso

Spencer Rascoff co-founded Zillow, scaling it to a $16B valuation. But everyday investors couldn’t invest until the IPO, missing early gains.

"I wish we had done a round accessible to retail investors prior to Zillow's IPO," Rascoff later said. Now he’s fixing that with Pacaso, his new company disrupting the $1.3T vacation home market. Unlike Zillow, you can invest in Pacaso as a private company.

Firms like SoftBank and Maveron are already on board – and you can join them for $2.80/share.

Disclaimer: This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com.

STOCK HEATMAPS

S&P 500 Heatmap. Credit: Finviz

All Stock Heatmap. Credit: Finviz

Global ADR snapshot. Credit: Finviz

Market Movers

NETFLIX, SKECHERS, ONSEMI

$NFLX ( ▼ 1.94% ) Trump tariff order on movies leaves film industry flummoxed (Reuters)

$SKX ( ▲ 24.35% ) Skechers to be acquired by 3G Capital in take-private deal (CNBC)

$ON ( ▼ 8.35% ) ON Semiconductor Stock Is Falling. Earnings and Guidance Were Strong. (Barron’s)

$HHH ( ▲ 2.86% ) Howard Hughes stock climbs after Bill Ackman agrees to $900M investment (SeekingAlpha)

$TSN ( ▼ 7.75% ) High Beef Costs Hurt Tyson Foods (WSJ)

OVERHEAD ON THE STREET

AP: President Trump threatened to impose a 100% tariff on all foreign-made films, claiming the US movie industry is dying.

CNBC: Trump is charging $1.5M per plate at a dinner that requires ownership of the $TRUMP $TRUMP.X ( ▲ 1.92% ) meme coin.

Bloomberg: Apple $AAPL ( ▼ 3.15% ) and General Motors $GM ( ▲ 0.18% ) are tapping the investment-grade debt market amid tariff concerns.

WSJ: OpenAI won’t convert to for-profit and will remain under the control of its nonprofit parent.

CNN: Roughly 1 in 5 federal student loan borrowers are seriously delinquent as repayments resume post-Covid pause.

Tomorrow's Trade Idea, Today

MONOLITHIC’S MARKET MOMENTUM

Party Like It’s 2024

Monolithic Power Systems $MPWR ( ▼ 1.49% ) is partying like it’s 2024.

The AI derivative play, which provides power circuits for systems found in cloud computing and beyond, started 2025 strong. Its Q1 earnings beat expectations, and its Q2 guidance was even rosier.

Analysts are taking note. Monolithic’s close ties with Nvidia $NVDA ( ▼ 0.59% ) and its role in power management solutions for AI applications are helping solidify its place as a standout in the semiconductor industry.

Shifting Focus

Monolithic is working hard to diversify beyond consumer products, exploring sectors like communications, industrial, automotive, and networking.

Oppenheimer’s $OPY ( ▼ 0.57% ) Rick Schafer, who recently gave the stock an Outperform rating, highlighted its strong product pipeline and growth potential.

The stock is up 6% YTD, outperforming the overall market. Its evolving strategy points to more resilient margins and a long-term growth outlook, and could help it avoid the volatility Nvidia’s stock is seeing right now, the analyst says.

More Upside to Come

Loop Capital and TD Cowen both gave the stock a $760 price target, around a 21% upside from today’s closing price. Both firms pointed to MPWR’s agility in capturing market share from slower competitors as a major tailwind.

TD Cowen’s Joshua Buchalter views it as one of the top organic growth stories in the semiconductor industry, praising its consistent outperformance and likelihood of shareholder-friendly actions like dividends and buybacks.

After Microsoft $MSFT ( ▲ 0.2% ) and Meta $META ( ▲ 0.38% ) seemingly revived the AI trade last week, it may be time to look for new ways to play the trend. These firms believe MPRW is a promising place to start.

Are you bullish or bearish on Monolithic Power Systems (MPRW) over the next 12 months?

Login or Subscribe to participate in polls.

Sponsored by Pacaso

Spencer Rascoff co-founded Zillow, scaling it to a $16B valuation. But everyday investors couldn’t invest until the IPO, missing early gains.

"I wish we had done a round accessible to retail investors prior to Zillow's IPO," Rascoff later said. Now he’s fixing that with Pacaso, his new company disrupting the $1.3T vacation home market. Unlike Zillow, you can invest in Pacaso as a private company.

Firms like SoftBank and Maveron are already on board – and you can join them for $2.80/share.

Disclaimer: This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com.

ON OUR RADAR

WSJ: China’s economy is becoming increasingly opaque as Beijing halts the release of hundreds of key statistics.

Bloomberg: Rite Aid plans to file for bankruptcy for the second time in two years and will cut jobs after failing to secure additional funding.

CNBC: TeleMessage, the messaging app used by Trump’s former national security advisor, suspended operations amid reports of a hack.

Reuters: The US services sector grew in April, but businesses face concerns over rising price pressures, tariffs, and federal funding cuts.

The Verge: Meta’s new AI app is “a confirmation of AI skeptics’ biggest criticisms”.

FRIDAY’S POLL RESULTS

Are you bullish or bearish on Diamondback Energy (FANG) over the next 12 months?

▇▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇▇ 🐻 Bearish

And, in response, you said:

  • 🐂 Bullish — “Oil prices will rise after a nasty bottom.”

  • 🐻 Bearish — “It’s going to be like this for a while.”

This message is a paid advertisement for Pacaso. The Street Sheet (SS) receives a flat fee from Investing Channel totaling up to $500. Other than the compensation received for this advertisement sent to subscribers, The Street Sheet and its principals are not affiliated with Pacaso. This advertisement is sponsored by a third-party Reg A crowdfunding issuer and is for informational purposes only. The Street Sheet does not endorse or recommend any specific offering, and this advertisement should not be construed as a recommendation to invest. Investing in securities, including those offered through Reg A crowdfunding, involves risk, including the potential loss of principal. These investments are speculative, illiquid, and may involve a higher degree of risk compared to more traditional investments. The Street Sheet has not verified the information provided by the advertiser, and we encourage readers to conduct their own due diligence and consult with a licensed financial advisor or other qualified professional before making any investment decision. By engaging with this advertisement, you acknowledge that The Street Sheet and its affiliates are not responsible for any decisions or actions taken based on the information provided in this advertisement. All investments carry risks, and past performance is not indicative of future results. Readers should carefully review all information provided by the issuer, including the offering circular and any other available materials, prior to investing. The Street Sheet may receive compensation from the advertiser for promoting this offering. The Street Sheet and its principals do not own any of the stocks or shares mentioned in this email or in the article that this email links to. The Street Sheet is a research service not owned or managed by registered brokers and therefore this site does not make any investment recommendations. The information provided in this newsletter is not guaranteed as to its accuracy or completeness. Each user of SS chooses to do trades at their sole discretion and risk. SS is not responsible for gains/losses that may result in the trading of these securities. This newsletter includes paid advertisements. The source of all third-party content in which SS receives some sort of compensation is clearly and prominently identified herein as "ad", "Sponsored", or “Together With”. Although we have sent you these advertisements, SS does not specifically endorse any third-party product nor is it responsible for the content, the accuracy, or the completeness of the advertisement or the experience with the third-party advertiser. Furthermore, we make no guarantee or warranty about what is in the advertisement. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. This communication from The Street Sheet is for informational purposes only. It is not intended to serve as a recommendation to buy, sell, or hold any security and is not an offer or sale of a security. Information contained within should not be perceived as a research report and is not intended to serve as the basis for any investment decision. Any third-party views reflected herein do not reflect the opinion of The Street Sheet. All investments involve risk and the past performance of a security does not guarantee future results or returns. There is always the potential for financial loss when investing in securities or other financial products. The information contained in this newsletter is subject to change without notice, and we do not undertake any obligation to update it. Readers are encouraged to conduct their own research and due diligence and seek advice from licensed professionals regarding their specific financial needs and circumstances. By reading this newsletter, you agree to hold us harmless from any and all losses, liabilities, costs, or expenses arising from your use or reliance on the information provided. There is no warranty as to the accuracy or completeness of the factual matters included in any advertisement or sponsored content in the newsletter. You have not performed any research on any entity, or its business, that advertises or submits any sponsored content. The Street Sheet is reader-supported. When you buy through links on our site, we may earn a commission.

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