Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.
Latest Activity
Mad Money w/ Jim Cramer 10/1/26
- Cramer still buys Palantir at $190 after the stock gained 60% in Q3 and stalled short of his $250 target
- Salesforce, up 46.5%, called the better SaaS-apocalypse rebound than Veeva at 30 times earnings
- Caterpillar's 24% Q3 profit taking framed as a buying chance on data center engine demand
- IBM, down 22% on its miss, gets the wait-a-quarter rule; Home Depot stays hostage to rates
Cramer wants to add software as the bounce-back trade and the beaten-down industrial names tied to data center power. He also warns that rising rates are the real threat heading into earnings season in a couple of weeks.
AppLovin just carved out a new 52-week low at $290.43, 2.73% under the August 24 floor. The $88.4 billion ad-tech name is trading below every level it held over the past year, so keep an eye on the stock.
The tape spread nearly 12 points wide at the close: C3.ai finished up 6.43% at $11.01 while Moderna gave back 5.52%. Enterprise tech names took the top four gainer slots, and the losers skew toward high-beta momentum.
A 6.83% intraday run to $329.76 adds close to $7 billion of market value on a $100 billion company in one session. Moves this size rarely stay quiet here, so keep an eye on whether the close holds above the open.
- AMDAdvanced Micro Devices, Inc. (AMD)Partial sell$1K – $15KAug 18
- AGIO150 Main Street Trust > Bank of America Agios Pharmaceuticals, Inc. - Common StoBuy$1K – $15KAug 20
- APH150 Main Street Trust > Bank of America Amphenol Corporation Common Stock (APH)Buy$1K – $15KAug 18
- APG150 Main Street Trust > Bank of America APi Group Corporation Common Stock (APG)Buy$1K – $15KAug 4
- APP150 Main Street Trust > Bank of America Applovin Corporation - Class A Common StPartial sell$1K – $15KAug 18
- AORT150 Main Street Trust > Bank of America Artivion, Inc. Common Stock (AORT)Buy$1K – $15KAug 20
- ATRCAtriCure, Inc. - Common Stock (ATRC)Buy$1K – $15KAug 20
- BSX150 Main Street Trust > Bank of America Boston Scientific Corporation Common StoBuy$1K – $15KAug 18
Fifty-eight transactions in one filing amount to a full portfolio rebuild: bigger-ticket buys in Microsoft, Eaton, Quanta Services and Globus Medical, funded partly by repeated Lamar Advertising sales and trims in AMD, Nvidia and Meta. The rotation leans toward power, infrastructure and medical devices while chip and ad-tech exposure comes down. Disclosed 37 days after the earliest trades.
AppLovin broke below $300 for the first time in a year, undercutting its August 12 low by 1.7%. The company is now worth less than half of its late-December peak near $727.
APP Coverage
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Trade Desk Falls 4% as Index-Removal Flows Keep Pressure On; Magnite Drops 3%, AppLovin Pulls Back
Index-removal flows are still pressuring The Trade Desk (NASDAQ:TTD | TTD Price Prediction) on Tuesday morning, and its ad-tech peers are moving with it rather than against it. Session-wide volatility is muted,…
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