Hardware Eats Software Alive While the Strait of Hormuz Holds the World Hostage
The S&P 500 just posted its longest winning streak since October while one-tenth of global oil supply sits stuck in a bottleneck — macro chaos has never looked so... bullish?
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| CRWV CoreWeave, Inc. | buy | $91.92 | — | — | — |
| INTC INTEL CORP | buy | $61.84 | — | — | — |
| PANW Palo Alto Networks Inc | sell | $171.70 | — | — | — |
| INTU INTUIT INC. | sell | $364.22 | — | — | — |
| AMD ADVANCED MICRO DEVICES INC | buy | $236.17 | — | — | — |
| STZ CONSTELLATION BRANDS, INC. | buy | $162.06 | — | — | — |
| LEVI LEVI STRAUSS & CO | buy | $22.89 | — | — | — |
| CVNA CARVANA CO. | sell | $326.45 | — | — | — |
| MRVL Marvell Technology, Inc. | hold | $122.08 | — | — | — |
| BA BOEING CO | hold | $220.00 | — | — | — |
| LMT LOCKHEED MARTIN CORP | hold | $623.50 | — | — | — |
The S&P 500 just logged its seventh consecutive day of gains — up 0.6%, Nasdaq +0.8%, Russell 2000 +0.6% — while the Strait of Hormuz remains largely closed, Saudi Arabia is missing 600,000 barrels per day of production capacity, and the World Bank is quietly war-gaming a scenario where global growth gets kneecapped for 6-8 months. The market's reaction? Buy chips, obviously.
The real story isn't geopolitics — it's a sector civil war. Hardware and AI infrastructure are absolutely annihilating enterprise software right now. $NOW dropped 8%, $PANW got crushed, while $CRWV surged 3.5% on a $21 billion Meta deal and $INTC rocketed 4.7% to a five-year high after locking in a multi-year Alphabet agreement. The IGV software ETF is basically a crime scene. Meanwhile, EY Parthenon's chief economist sees GDP decelerating to ~1.5% with inflation heading toward 4% — stagflation-adjacent, if not the full 70s remix Richard Bernstein is nervously humming to himself while raising cash.
Pakistan is somehow the world's most important geopolitical actor right now, mortgage rates just dipped to 6.37% for the first time since the war started, and Africa — yes, Africa — is quietly becoming the sanest macro bet on the board. The rotation is real, the risks are real, and the hardware trade is eating everything in sight like $NVDA at an all-you-can-eat buffet.