5 Picks Ahead of the SpaceX Listing

Institutional capital is flooding into public space infrastructure ahead of the SpaceX summer IPO. The window to position ahead of the crowd is closing fast.

Our analysts narrowed the entire publicly traded technology sector to five names with the clearest thesis exposure. The full report is yours at no cost.

• A launch company with a $50B market cap and expanding government backlog

• A $31B communication satellite operator

• An aerospace micro-cap with contracts already in orbit

These five are public, liquid, and moving right now.

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☕️ GM Munchers! My wife and I went out for ice cream last night. She got a single scoop, said it was enough, and was perfectly satisfied. I got three scoops, ate all of it, felt terrible, and immediately started thinking about a fourth. I have managed my portfolio the same way for fifteen years.

On today’s menu:

• 📉 Oil Crashed. The Market Said Thanks.

• 🤖 NVIDIA Beat Expectations. The Stock Dropped Anyway.

• 😏 Top 7 Stocks for Q2 2026

• ⏰ OpenAI Just Quietly Filed To Go Public

• ✈️ Airlines & Cruise Stocks Soar

Yesterday’s numbers:

BREAKING NEWS

📊 Oil Crashed. The Market Said Thanks.

After three straight sessions of losses, the market finally snapped out of it and turned green across the board. Treasury yields fell, oil dropped below $100 a barrel, and tech led the charge. Everything felt a little lighter.

The reason oil dropped was simple. President Trump said the US is in the "final stages" of talks with Iran, sending oil prices crashing more than 7% to $97 a barrel in minutes. When oil goes down, airlines get cheaper to run, shipping gets cheaper, and the entire economy takes a small collective breath.

• The tech heat map was almost entirely green. $AMD Advanced Micro Devices ripped 8.10%, $INTC Intel surged 7.36%, and $TSLA Tesla added 3.25%.

• Oil falling below $100 was the single biggest story of the session. It touches everything from jet fuel to grocery delivery. A 7% drop in one day is not a small move.

• Treasury yields falling alongside oil gave the market two reasons to rally at once. That combination does not show up often. Yesterday it did.

The Munch Take: The market spent three days convincing itself the world was ending, then one Trump post about Iran sent oil down 7% and suddenly everyone remembered how to be happy. My wife asked me why stocks go up when oil goes down. I explained the whole supply chain relationship. She said it sounds like when she finds a good coupon. She’s not wrong.

🤖 NVIDIA Beat Expectations. The Stock Dropped Anyway.

$NVDA Nvidia just delivered one of the greatest quarterly reports any company has ever produced. Record revenue of $81.6 billion. Earnings of $1.87 per share. Q2 guidance of $89.2 billion to $92.8 billion, well above what Wall Street expected. An $80 billion share buyback. And a dividend hike from $0.01 per share to $0.25 per share. Revenue is up 1,035% over the last three years.

The stock still fell more than 3% after hours.

Welcome to the most expensive expectations game on Wall Street. A beat is not news here anymore. A beat is the entry fee.

• Nvidia has beaten revenue estimates every single quarter for the last fiscal year. The stock still fell the day after in four out of five of those prints. The market stopped applauding ordinary excellence a long time ago.

• The Q2 guidance range of $89.2 billion to $92.8 billion cleared the $86 billion consensus comfortably. That is the number that actually matters. That is the number that tells you the AI boom is still accelerating.

• The four biggest tech companies in the world plan to spend $725 billion on AI infrastructure this year. Most of it flows through one front door (Nvidia).

The Munch Take: Nvidia grew revenue by over 1,000% in three years, handed shareholders an $80 billion buyback, raised the dividend by 25 times, and guided higher than expected. The stock went down. My wife asked me why. I opened my mouth. She closed her book, looked at me, and said "that makes no sense." She is the smartest person in this house.

Top 7 Stocks for Q2 2026 (Ad)

Something interesting is happening this quarter.

Beneath the surface, leadership is shifting.

Some sectors are quietly strengthening.
Others are losing momentum.

Most investors won’t notice until earnings season forces the narrative.

We’ve identified seven stocks positioned in sectors showing early acceleration in Q2 2026.

This isn’t about chasing headlines.

It’s about understanding where capital is flowing next.

The guide includes:

• Sector-level momentum insights
• Individual stock breakdowns
• The data behind each pick

Will all seven outperform? Of course not.

But ignoring rotation has historically been costly.

👉 Download the free Q2 guide here 

Hiral Ghelani

Founder & CEO, StockEarnings, Inc.

**By clicking this link you agree to receive emails from StockEarnings and our affiliates. You can opt out at any time.  Privacy Policy. **

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

🎮 $GME GameStop gained 2.04% after revealing it bought options in eBay, which was apparently all $EBAY eBay needed to hear — the auction site ripped 4.13% higher on the news. GameStop is now a video game store that trades other companies' stocks. These are wild times.

✈️ $UAL United Airlines surged 9.99%, $DAL Delta soared 9.39%, $CCL Carnival jumped 8.96%, and $NCLH Norwegian Cruise Line rose 8.42% after oil prices dropped on reports that supertankers were moving through the Strait of Hormuz again. Cheaper oil means cheaper fuel. Cheaper fuel means airlines and cruise ships remember they are allowed to make money.

🧸 $HAS Hasbro face-planted 8.83% after the toymaker told investors it could not raise its guidance for the second half of the year. The company that makes Monopoly just got a taste of it.

📱 $RDDT Reddit sank 5.27% after CEO Steve Huffman sold roughly $2.8 million worth of his own shares last week. Nothing says confidence in your company quite like that.

💊 $ROIV Roivant Sciences surged 14.89% while its subsidiary $IMVT Immunovant absolutely exploded 35.26% after a clinical trial for its rheumatoid arthritis drug came back with positive results. Someone in a lab coat had a very good day.

STOCK OF THE DAY

🤖 Everyone Is Talking About SpaceX. OpenAI Just Quietly Filed To Go Public.

While the internet obsesses over rockets, the company that already changed how the world works every single day just made its move. OpenAI is preparing to confidentially file its IPO paperwork as early as this Friday, working with Goldman Sachs and Morgan Stanley, with a listing potentially arriving as early as September.

The company is valued at around $852 billion by private investors, with a public listing targeting $1 trillion. Revenue is running at $2 billion a month and growing 336% year over year. In other words, the ChatGPT company is an absolute monster.

📈 The Bull Case:

• 336% revenue growth is not something most companies ever sniff. OpenAI went from a research lab to a $24 billion annual revenue business faster than almost anything in history.

• A jury just threw out Elon Musk's lawsuit in under two hours, removing the biggest legal cloud hanging over this listing.

• Going public means opening the books completely. Every product, every customer, every number becomes visible. The AI market gets a lot more honest very quickly.

📉 The Bear Case:

• OpenAI has $600 billion in contractual obligations to cloud providers over the next five years against $24 billion in annual revenue. It is not profitable. The IPO exists largely to close that gap.

• The stock would price at 35 times annual revenue. Most tech companies trade between 9 and 14 times. You are paying an enormous premium for a company still burning cash.

• SpaceX is going public at the same time at a $1 trillion valuation. Two megadeals hitting the market simultaneously means a lot of competition for the same investor dollars.

The Munch Take: OpenAI is one of the most important technology companies of this generation and it’s about to let regular people buy a piece of it. That’s the exciting part. The less exciting part is that it’s losing money at an industrial scale and pricing itself like its already won. My wife uses ChatGPT every day. I tried to explain their burn rate. She asked ChatGPT what a burn rate was, got a better answer than me in four seconds, and said that settles it.

TRADING SUCCESS

🤑 Thursday Motivation

🚀 Pre-Market Fuel

1. 👀 How daily 'stock bets' hit 87% of the time (via Option Report)

2. 🤔 Jeff Bezos just said something interesting.

3. 😂 Trump likes this sushi stock?

🍪 Munchy Memes

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