PC Stocks Surge, FUTU Craters, and the IPO Parade Is Coming: Your Weekly Social Sentiment Dump
From Lenovo's blowout quarter to Iran-driven gas prices and a historic IPO queue, the market had a lot of feelings this week
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| DELL Dell Technologies Inc. | buy | $296.64 | — | — | — |
| HPQ HP INC | hold | $25.11 | — | — | — |
| FUTU Futu Holdings Ltd | sell | $91.72 | — | — | — |
| NVDA NVIDIA CORP | buy | $215.61 | — | — | — |
| HOOD Robinhood Markets, Inc. | hold | $74.03 | — | — | — |
| SG Sweetgreen, Inc. | buy | $9.81 | — | — | — |
| STLA Stellantis N.V. | hold | $7.61 | — | — | — |
| INTU INTUIT INC. | sell | $318.70 | — | — | — |
The week's biggest hardware story wasn't Nvidia — it was Lenovo, whose $21.6B revenue quarter with 84% AI-related sales growth sent the entire PC sector into a victory lap. $DELL got a Wells Fargo upgrade to $270 and $HPQ tagged along for the ride. Meanwhile, Seeking Alpha's quant model is still side-eyeing Dell's valuation, which is the financial equivalent of your friend saying 'yeah the party looks fun but have you considered going home.'
On the other end of the vibe spectrum, $FUTU got absolutely cooked — down 33% premarket after Chinese regulators proposed a $271M penalty targeting the CEO personally. China regulatory risk just reminded everyone it's still very much a thing. Separately, $SPCE-level hype is building around the SpaceX S-1 filing — $18.7B in 2024 revenue, a $1.5 trillion target valuation, and a claimed TAM of $28.5 trillion, which includes, and I cannot stress this enough, 'the entire AI infrastructure of human civilization.'
Consumer sentiment hit a record low of 44.8 going back to the 1970s, gas is north of $4.50/gallon nationally thanks to the Iran conflict, and Kevin Warsh just got nominated as Fed Chair with traders already pricing in rate hikes by December. The AI buildout is booming and everything else is quietly on fire — sometimes literally.