Tech Week Wrap: Mixed Hardware, Software Steals the Show

Last week’s market mood was all about divergence—software crushed it while hardware took some unexpected hits ahead of earnings. Big names like Shopify, Palantir, and Atlassian posted solid gains, while Intel, SK hynix, and SanDisk got dragged down by memory and foundry pressures. The AI mega-cap rotation is wild right now: Microsoft’s still holding its lead, Tesla’s trajectory’s finally pointing sharp up, but Nvidia just slipped a little as folks question if all that $8B+ Nvidia chip spending from Amazon and Alphabet is getting a bit overheated. Earnings season’s creeping up fast, so everyone’s glued to Azure growth numbers and Tesla’s gross margins to gauge the next market move. Who’s feeling bullish on their positions this week?