Are Cloud Companies Next Up in the AI Infrastructure Boom?
What’s in Today’s Report:
- Are Cloud Companies Next Up in the AI Infrastructure Boom?
- Jobs Report Preview (Too Hot Worse than Too Cold)
Futures are slightly higher following a night of mixed earnings.
Tech earnings disappointed overnight (especially memory companies WDC and SNDK) and that’s weighing on tech stocks pre-open, but not the broader market.
Economically, EU data was mixed as German Manufacturers Orders beat expectations while EU Retail Sales missed.
Today focus will stay on geopolitics and specifically the details around a Strait of Hormuz passage agreement. Economically, there are two notable economic reports, Jobless Claims (E: 201K) and Productivity & Costs (E: 0.7%, 2.2%) and in-line numbers will help to support the market (that’d be more Goldilocks data).
On the Fed, we do have one speaker today, Musalem (5:30 p.m. ET), but he’s after the close and won’t move markets.
Finally, earnings season is winding down but there are still some notable reports today including: COP ($2.96), DDOG ($0.13), RGTI ($-0.05).
Where Is the Market Pointing Next?
The market rarely rings a bell before an important move. More often, it leaves clues through price action, breadth, momentum, and leadership beneath the surface.
This week’s Sevens Report Technicals brings those signals together into a disciplined framework designed to help advisors identify where risks are building, where leadership is changing, and which levels matter most.
Rather than relying on a single chart or indicator, Technicals combines cross-asset analysis, sector and factor trends, and clearly defined risk management levels into one actionable roadmap.
If you want a deeper, chart-based perspective to complement the daily Sevens Report, click below to read more.
