May 10, 2026
ποΈ MRKTcap
π₯³ Happy Sunday.
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In this newsletter we're diving into:
π€ A chip deal rumor hit the market and one stock went vertical in one day
π¦ A tech giant stepped into somebody else's lane and two "safe" stocks caught a 10% fade
ποΈ A brand everybody knows dropped 30% off one report and folks started looking for the exit
Plus, a household-name drug just got its first real copycats in North America, and the trigger for a 65% price cut is sitting right there.
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Make yourself comfy ποΈ and let's get into it...
Market Crowdβ
βHow the market did this week.
Dow
49,609.16
+109.89
+0.22%
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S&P
7,398.93
+168.81
+2.33%
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Nasdaq
26,247.08
+1,132.64
+4.51%
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*As of market close on Friday, May 8th.
Pre-Market Playβ
βA market beat to start your week.
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| All the Way Turnt Up |
| Roscoe Dash |
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0:44
3:45
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π» Intel has been on a historic run...
And Apple might have turned up the volume.
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Intel (INTC) jumped 14% on Tuesday, hitting a new all-time high.
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The move came on a Bloomberg report that Apple (AAPL) is exploring deals with Intel and Samsung Electronics to build the main processors for its devices inside the U.S.
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Apple has long relied on Taiwan Semiconductor Manufacturing Company (TSM), the company that physically makes the chips powering most of the world's top tech products, for its chips.
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This wasn't INTC's first headline this year.
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In April, INTC jumped 114%, its best month in 55 years, pushing the market cap past $470 billion. The stock's up 330% since the U.S. government took a 10% stake in August 2025.
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Nvidia (NVDA) put $5 billion into Intel in September. Google (GOOGL) expanded its partnership in April.
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Toupee Fiasco (Trump) posted on Truth Social claiming credit for Intel's gains, saying the U.S. made $30 billion on its position in 90 days.
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And our algorithm is already tracking a seasonal upswing building for INTC in late May.
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π₯‘ The Takeaway: Watch for Apple to confirm or deny the chip deal in the next few weeks, because that's what tells traders whether INTC holds the new high or gives it back.
π When Amazon pulls up to your block...
Everybody loses customers.
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UPS (UPS) and FedEx (FDX) both closed down about 10% on Monday after Amazon (AMZN) announced it's opening its logistics network to outside businesses.
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The new service, Amazon Supply Chain Services, lets companies across healthcare, manufacturing, and retail use Amazon's freight, warehouses, and delivery fleet.
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That's a direct shot at UPS and FedEx's core business.
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Amazon's got over 100 cargo planes and a warehouse network that took two decades to build.
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Now any company can rent access to it.
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Procter & Gamble (PG), 3M (MMM), and American Eagle (AEO) are already in.
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Neither UPS nor FedEx responded to requests for comment. My name Bennett and I ain't in it!
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Amazon has been scaling back its use of UPS and FedEx for years, handling more deliveries in-house.
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Now instead of being their customer, Amazon is becoming their competitor.
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π₯‘ The Takeaway: Watch UPS heading into their next earnings report. If AMZN pulls even 5% of their shipping volume, that's billions in lost revenue for a company already dealing with slowing package growth.
ποΈ Planet Fitness got checked...
And the stock had its worst day ever.
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Planet Fitness (PLNT) fell 30% after Q1 earnings showed that sign-ups, the one number that matters for a gym chain, came in below expectations.
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Revenue was up 21.9%.
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Same-club sales grew 3.5%.
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On paper, not bad.
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But CEO Colleen Keating said the company saw a "slower than expected start" in member growth and hit pause on a planned price hike for Black Card members.
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Here's what the full-year forecast looks like now...
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Revenue growth? Cut from 9% to 7%.
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Same-club sales? Cut from 4-5% to 1%. Ouch.
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Net income? Went from growing 4-5% to shrinking 2%.
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Keating blamed four things... marketing that missed, competition, weather, and the economy.
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Here's the kicker...
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She admitted the company's messaging had been aimed at fitness enthusiasts and left the beginners behind.
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That's a problem when your whole brand is built on being the gym for people who don't go to the gym.
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π₯‘ The Takeaway: PLNT lost a third of its value in one day. Watch whether it finds a bottom in the next few sessions or keeps falling, because drops this big on bad numbers (not fraud, not scandal) tend to bounce.
π« TMYK
βA quick pop quiz to help you learn about the market. The more you know!β
β
The official end-of-day price used for many fundsβ valuations is the closing β______β.
Click your answer below:
a.) print
b.) whisper
c.) memo
We eatin'
You know that feeling when you come home and someone's made you a home-cooked meal?
No effort. Grab a chair and dig in. Swingset is like that, except with stocks.
As Rashad so poetically put it...
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While everyone else is out there waiting on "gurus" to tell them when to get in/out, you're already eating.
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Gimme some mo'
βMore news from 'round the market.
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π€ Palantir posts 85% growth, raises everything
PLTR beat earnings estimates, grew revenue 85% (fastest since going public), and told Wall Street to expect $7.65B for the year while the stock sits 18% lower the numbers behind the disconnect β
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βπ Generic Ozempic lands in Canada
Health Canada approved two generic versions of Novo Nordisk's (NVO) Ozempic, with a 65% price cut kicking in when a third clears approval why this matters for the whole market β
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ββ½ Shell wins big off Iran war
Shell (SHEL) beat earnings estimates by $800M as the Iran war sent oil prices up 40%, but the company also cut buybacks and grew its debt by $7B see the trade-off β
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βπ΄ Peloton beats revenue, loses riders
Peloton (PTON) topped revenue estimates with $630.9M and landed a Spotify deal, but subscribers dropped again to 2.66 million see what the Spotify play means β
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βπ§ Memory chips are the new gold
Micron (MU) is up 35% in one week and 750% in a year thanks to a global memory shortage that has AI data centers fighting over supply the numbers are wild β
π€³πΎ Let me check my palm pilot
βEarnings events on deck this coming week.
Monday 5/11: AST SpaceMobile (ASTS), Chart Industries (GTLS), Constellation Energy (CEG), Fox Corporation (FOXA), Hims & Hers Health (HIMS), Monday.com (MNDY), Mosaic Company (MOS), Ovintiv (OVV), Petrobras (PBR)
Tuesday 5/12: Aramark (ARMK), First Majestic Silver (AG), Franco-Nevada (FNV), JD.com (JD), Oklo (OKLO), On Holding (ONON), Resideo Technologies (REZI), Sea Limited (SE)
Wednesday 5/13: Alibaba Group (BABA), Birkenstock Holding (BIRK), Cisco Systems (CSCO), Doximity (DOCS), Dynatrace (DT), Global-E Online (GLBE), Manulife Financial (MFC), Sumitomo Mitsui Financial Group (SMFG), Wix.com (WIX)
Thursday 5/14: Applied Materials (AMAT), Brookfield Corporation (BN), Globant (GLOB), Honda Motor (HMC), Intuitive Machines (LUNR), Nano Nuclear Energy (NNE), YETI Holdings (YETI)
Friday 5/15: None
What's earnings?
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Market Outlook
βA look at how the market does historically over the next week.
Dow
Down 8 out of 15 years
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Nasdaq
Up 8 out of 15 years
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Data provided by Swingset.
Trend of the Week
Hershey (HSY) has a trend of going up over the next week.
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It's gone up 13 out of the last 15 years moving an average of and projected to repeat this move May 7-14.
To wealth in every sense of the word,
Tela Holcomb
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This newsletter is by no means a solicitation to buy or sell any of the above-mentioned securities. It is for educational and entertainment purposes only. Any views expressed here do not necessarily reflect the views of any affiliate. Expressions of opinion are as of this date, are solely that of the writer and are subject to change without notice. All investments involve risk including the loss of principal and past performance does not guarantee future results. Always do your own research and due diligence. This newsletter may contain affiliate links and we may receive commissions, at no cost to you, for purchases made through links in this email. The MRKTcap team often invests in the same stocks that we cover.
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