Oil Craters 7%, AMD Moons 20%, and the Week That Broke Every Thesis You Had
A US-Iran ceasefire framework, an AMD earnings explosion, and GameStop trying to buy eBay — yes, this is still real life
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| AMD ADVANCED MICRO DEVICES INC | buy | $422.53 | — | — | — |
| GLW CORNING INC /NY | buy | $184.46 | — | — | — |
| GME GameStop Corp. | sell | $25.22 | — | — | — |
| EBAY EBAY INC | hold | $107.88 | — | — | — |
| FDX FEDEX CORP | sell | $374.62 | — | — | — |
| UPS UNITED PARCEL SERVICE INC | hold | $100.06 | — | — | — |
| GLD SPDR GOLD TRUST | hold | $430.38 | — | — | — |
| COIN Coinbase Global, Inc. | hold | $195.63 | — | — | — |
| GFAI Guardforce AI Co., Ltd. | hold | $0.50 | — | — | — |
| UBER Uber Technologies, Inc | buy | $79.47 | — | — | — |
Let's start with the headline that moved actual money: the US and Iran are reportedly closing in on a 14-point ceasefire framework including a uranium enrichment moratorium and gradual sanctions relief, sending WTI crude down over 7% to below $100/barrel. Ken Griffin went on CNBC to warn a prolonged Hormuz closure means global recession. Chevron's CEO said the ceasefire already broke down once this week. So: hopeful chaos, which is Wall Street's favorite flavor.
Meanwhile, $AMD had the kind of week that makes you question every 'hold' rating you've ever trusted. Shares surged 20% — up 95% year-to-date — after Lisa Su revealed the CPU is the unsung hero of the agentic AI boom. Server compute revenue up over 50%, TAM nearly doubled in nine months, and Wedbush slapped a $450 price target on it. $GLW also went absolutely feral — up 262% in the past year after Nvidia dropped a $500 million strategic partnership on them for optical fiber infrastructure.
And then there's $GME, which bid $56 billion for eBay with roughly $9B in cash, a vague 'highly confident' letter from TD Bank, and the audacity of a man with nothing to lose. Michael Burry is already out. The rest of us are just watching this beautiful disaster unfold in real time.