HAPPY FRIDAY TO THE STREET.

Wall Street just wrapped its best week in months — and no, you’re not dreaming. The S&P 500 notched its fifth straight win, powered by a tech surge led by Nvidia $NVDA ( ▼ 2.06% ), Meta $META ( ▼ 0.17% ), and Apple $AAPL ( ▼ 0.58% ). All this despite consumer sentiment hitting its second-lowest level ever and inflation expectations ticking higher. Turns out, when it comes to markets, vibes are optional.

• 🟩 | US stocks rose again as tariff tensions eased and tech carried the rally.

• 📈 | One Notable Gainer: Fiserv $FI ( ▲ 0.63% ) bounced as bargain hunters pounced. After a 9% weekly drop, it's one of Wall Street’s most oversold stocks.

• 📉 | One Notable Decliner: Applied Materials $AMAT ( ▼ 1.64% ) slipped after missing Q2 revenue targets. Turns out even chips can crumble under pressure.

— Brooks & Cas

Sponsored by BOXABL

COULD THIS COMPANY DO FOR HOUSING WHAT TESLA DID FOR CARS?

Most car factories like Ford or Tesla reportedly build one car per minute. Isn’t it time we do that for houses?

BOXABL believes they have the potential to disrupt a massive and outdated trillion dollar building construction market by bringing assembly line automation to the home industry.

Since securing their initial prototype order from SpaceX and a subsequent project order of 156 homes from the Department of Defense, BOXABL has made substantial strides in streamlining their manufacturing and order process. BOXABL is now delivering to developers and consumers. And they just reserved the ticker symbol BXBL on Nasdaq*

BOXABL has raised over $170M from over 40,000 investors since 2020. They recently achieved a significant milestone: raising over 50% of their Reg A+ funding limit! BOXABL is now only accepting investment on their website until the Reg A+ is full.

Invest now before it’s too late

Disclosure: This is a paid advertisement for BOXABL’s Regulation A offering. Please read the offering circular here. This is a message from BOXABL

*Reserving a Nasdaq ticker does not guarantee a future listing on Nasdaq or indicate that BOXABL meets any of Nasdaq's listing criteria to do so.

STOCK HEATMAPS

Market Movers

UnitedHealth Group, Moderna, Super Micro Computer

$UNH ( ▲ 1.35% ) Insiders at UnitedHealth are scooping up tarnished shares (CNBC)

$MRNA ( ▼ 2.12% ) Super Micro Stock Surges 44% as Bulls Smell a Short Squeeze (Benzinga)

$SMCI ( ▼ 2.97% ) Super Micro Stock Surges 44% as Bulls Smell a Short Squeeze (TipRanks)

$AVGO ( ▼ 1.2% ) Broadcom's (AVGO) Options Trading Insights: Key Highlights (GuruFocus)

$HSY ( ▼ 0.52% ) Piper Sandler maintains Hershey stock underweight, $120 target (Investing.com)

OVERHEARD ON THE STREET

CNBC: Nvidia $NVDA ( ▼ 2.06% ), Cisco $CSCO ( ▼ 0.77% ), and OpenAI are backing the UAE Stargate AI data center, linked to a U.S. project announced by Trump.

AP: Charter $CHTR ( ▼ 0.85% ) has offered $34.5B to acquire Cox, aiming to merge two top U.S. cable giants amid rising pressure from streamers.

Reuters: Boeing $BA ( ▼ 0.78% ) nears a deal with the DOJ to avoid trial and guilty plea in the 737 MAX crash fraud case.

CNBC: Anthropic secured a $2.5B credit line as AI firms like OpenAI draw billions from Wall Street amid surging revenue growth.

FT: Novo Nordisk $NVO ( ▲ 1.62% ) ousted its CEO as profits slump, market share drops, and shares fall over 50% amid rising pressure from Eli Lilly $LLY ( ▲ 2.03% ).

Tomorrow's Trade Idea, Today

Netflix’s Blockbuster Year

Standing Strong

2025 has been rocky for the market, but Netflix $NFLX ( ▲ 0.64% ) has stood strong, rising nearly 33% since the start of the year and well outperforming the broader market.

Its market cap is now nearing $500 billion, and investors are starting to view it as a defensive play thanks to its reliance on imported content, not goods, which helps protect it from trade disputes. Even tariff threats on foreign films barely made an impact due to the company’s flexibility.

Strong Growth…At a Price

The stock’s recent rally has pushed its valuation to a whopping 43 times future earnings, well above its peers and market averages. However, historical trends suggest that this price might not be too steep after all.

Over the past five years, it has transformed from a risky spender into a reliable growth engine. Strategist Ben James highlighted the fact that its margins have risen from 4.5% to 27%, and could reach 50% by 2030.

It operates on a self-sustaining growth loop where users fund more content, which attracts more users, and so on. This is the key to its ability to maintain momentum.

Expansion Beyond Streaming

Netflix currently has 301.6 million subscribers and a target market of up to 1 billion homes, leaving it plenty of room for continued expansion. New revenue streams like ad-supported plans, which brought in 24 million users, are growing fast. AI could help make them even more profitable.

Beyond streaming, Netflix has been branching into real-world experiences with things like live sports events, restaurants and entertainment venues.

Analysts expect strong earnings growth through 2027 and, despite its high valuation, believe the stock could be a bargain in disguise.

Sponsored by Percent

HEDGE AGAINST STOCK MARKET UNCERTAINTY WITH PRIVATE CREDIT

Private credit is an alternative that may provide stability during times of volatility. On Percent’s platform, private credit investments delivered average net returns of 14.9% in 2024, with many deals offering shorter durations and monthly income potential.

While past performance doesn't guarantee future results, private credit may offer a path to diversification when equity markets feel overvalued:

➡️ Historically Resilient in Market Downturns
➡️ Short-Term Flexibility
➡️ Monthly Interest Payments
➡️ Low Minimums for Access

Click here to learn more.

ON OUR RADAR

Reuters: Hardline Republicans blocked Trump’s tax-cut bill, defying his call for unity and handing him a rare setback in Congress.

CNN: U.S. consumer sentiment fell to 50.8 in May, near record lows, as economic pessimism deepens post-Trump tariffs.

Axios: The Federal Reserve plans to cut staff by 10% through attrition, aligning with Washington’s push to slim down bureaucracy.

ABC News: Vietnam approved a $1.5B Trump Organization project to develop golf courses, hotels, and real estate with a local partner.

Outlet: Spotify $SPOT ( ▲ 1.85% ) is removing podcasts promoting illegal online drug sales, including Adderall-buying scams posing as health shows.

THURSDAY’S POLL RESULTS

Are you bullish or bearish on Centrus Energy (LEU) over the next 12 months?

▇▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇▇ 🐻 Bearish

And, in response, you said:

• 🐂 Bullish — “This is the first that I have heard of LEU, but I like that they have a moat. I believe in the expansion of nuclear fuel.”

• 🐻 Bearish — “Think I’ll wait for another dip”