Market Sentiment Is Quickly Changing

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**Joseph Carlson** (1:00)
Welcome back, everyone. Today on The Joseph Carlson Show, sentiment is changing rapidly for the big hyperscaler stocks. The ones that are spending on all the capex, the companies that I've invested into, these ones are going up and they're going up quickly. They're being led by Amazon. And Amazon is the primary driver here. Amazon has now reached $285 per share. It's up 5% on the day. And Amazon is racing upwards. In fact, in just the past five business days, it's up 23%.
That makes up for almost all of its gains this year. It's up 26% year to date now. You can see this massive spike. Microsoft also put up a great report. It was up 16% on the day. Now it's up an additional 5%, completely erasing all losses for the entire year of 2026 So Microsoft was struggling. People are concerned about it. All of that's changed in the past one week. Then we also have Google, which investors surprisingly sold off after they released an incredible earnings report. But the stock is starting to get a lift again from Amazon's report. It's up 3% on the day. We also have Meta. Meta is another one that investors didn't like the report. They sold it off afterwards. But this one's getting a lift. It's up 5.5% on the day.
And I believe a lot of this comes down to Amazon's report. Amazon is lifting up Meta. It's lifting up Google. It's making investors think twice about the whole AI cap expend. And this all actually makes sense because there were some parts of Amazon's earnings report that were so outlandishly good that the market is still trying to digest it. They're still trying to take in what really happened in Amazon's report. So we're going to be taking a second look at it. What really happened to Amazon this last quarter? Why are investors now bidding up any stock that seems somewhat similar to Amazon? Now, of course, we have a lot of other stocks to talk about in this video. Many of that have recently reported earnings, as well as ones that are going to report earnings this week. We have FICO, a reported earnings, and the stock continues to struggle. It's down near $1,000 per share. It could end up under it. I'll be going over what I think the big problem with FICO is. We have S&P Global that reported earnings. We have Palantir, they're going to report today. We have Uber Technologies and DoorDash, my two most recent buys in my portfolio, reporting this week. We have everyone's favorite, Duolingo, and we have Texas Roadhouse, which has been an unstoppable stock. And then finally, we have the biggest bull himself, Tom Lee, giving his explanation of why 2027 will be the best year in the stock market. So there is a ton to get to in this episode. Let's go ahead and jump in. Now, before we get started into this, just a reminder that I created the website qualtrum.com for investors like you, for people that follow this channel, because it has everything that you need. It has stock analysis tools like the Insights page. It gives you rundowns of companies. We have advanced chart builders, so you can look at any metric that you want. We have earnings calendars and watch lists and portfolio trackers and so on. It also has Qualtrum Studio, which is like a Netflix that we built for investors with deep dives, Ask Me Anythings, exclusive content. I'll be releasing a huge portfolio update this week, over an hour long video. And of course, you get access to the Discord community that has thousands of like-minded investors. And you get all of this for $10 per month, and you can try it out risk-free with a free trial at qualtrum.com. Now, like I've outlined, there's a vibe shift going on in the market. These companies that were talked about as though they're making some huge mistake by many market participants, which are the big cap expenders, are now seeing a resurgence. There is a chase to get back into these companies. People are tripping over themselves to buy shares today. Quite literally, they're jumping up hundreds of billions of dollars a day in market cap.