Wall Street Game Notes

Wall Street Game Notes Decoding Markets, Technology and the Economy 📈
On the ground in NYC 🏙️

05/30/2026

Why "Circle of Competence" Isn't Just About What You Buy

half people skip: knowing what to avoid, even when the chart or the opportunity might be tempting you.



$CRM $IGV $BRK.B

05/30/2026

Are Software Stocks Back? The $6B Deal That Woke Up SaaS

This week it was all eyes on Software stocks and the SaaS-pocalypse narrative. We got earnings from flagship SaaS companies Salesforce ($CRM), Snowflake ($SNOW) and others.

Snowflake’s report ended up rocking the street. The stock jumped 35%, and investors had to re-evaluate the entire sector. IGV closed the up 8% this week.

In this video we break down what Snowflake actually does (it's a database company, despite the corporate jargon), why their new 5-year $6 billion contract with AWS is bigger than it sounds, and how the deal actually improves their margins instead of hurting them. A bit of an insider take here as WSGN Founder, Hugh used to work on deals like this at AWS.

Salesforce also caught a bid late in the week as momentum spread across the sector. The bigger question now is whether agentic AI frameworks and next-gen models will retake the spotlight and continue to threaten the software layer, or whether companies like Snowflake become the foundation those AI tools run on top of.

$SNOW $CRM $AMZN $IGV $QQQ $XLK $VGT

05/29/2026

The AI Lead Just Flipped in the Race to IPO

Anthropic just overtook OpenAI. $65B raised. $965B valuation. Three months ago they were at $350B.

Opus 4.8 shipped today, a modest upgrade over 4.7, which landed to a lukewarm reception just six weeks ago.

The more interesting development is Mythos, the model Anthropic is still holding back while it works with companies to patch vulnerabilities surfaced through Project Glasswing. They say it's a month or two out.

The AI race just got a new frontrunner. Between SpaceX, Anthropic and OpenAI is going to be an intense second half of the year on Wall Street.

$ANTH $OPENAI $SPCX $QQQ $VGT $XLK $SMH $AMZN

05/28/2026

Micron hits $1T. UBS (and Trump) see it going higher. $MU

Micron just joined the trillion dollar club as the 12th US company to do so. UBS analyst Timothy Arcuri tripled his price target to $1,625, Trump publicly backed the company's US production investments, and the stock just keeps going. That said, emory has a history of brutal boom and bust cycles. Is this time different? Breaking down what AI Infrastructure and products like HBM4E, SOCAMM2, and CXL mean for the long-term thesis. Be Good!

$MU $DRAM $XLK $SSNLF $HXSCL $SMH $TSM $QQQ $AVGO $NVDA

05/27/2026

Back to business. Finance and media capital of the world 🗽

05/26/2026

May has been delivering. Now what?

Out here thinking about June, the growth we've seen and the market's next move.

$SPY $VOO $QQQ $SMH $VGT $XLK

05/26/2026

Quantum Rallies, SaaS-pocalypse Retests, and an Iran Deal in Play — Markets This Week

The week ahead is short but busy.

Quantum names and ETFs are taking off again, this time after the US and French governments signaled fresh investment in the tech — we’ve got a deep dive in the works for you guys.

Space-based names and funds are riding the SpaceX IPO wave and broader momentum.

The real test this week is SaaS: Salesforce, Snowflake, MongoDB, Okta, and Braze all report, and with IGV up ~12% in the last month, we're about to get a pulse on the reality of SaaS-pocalypse.

On the AI infrastructure side, Marvell and Dell also step up to the plate.

And globally, markets are rallying on hopes of an Iran deal, with political messaging pointing toward getting oil flowing again — oil and bonds falling, gold and stocks broadly climbing.

$IGV $SPCX $UFO $ROKT $CRM $SNOW $MDB $OKTA $BRZE $DELL $MRVL $GLD

05/22/2026

SpaceX IPO Drops: Do the numbers even matter? $SPCX

SpaceX has officially filed its S-1 prospectus with the SEC, trading under ticker SPCX on the Nasdaq, targeting a ~$1.75 trillion valuation and looking to raise ~$75 billion. That would make it the largest IPO in history.

But the financials raise questions: $37B in accumulated deficit through 2025, $4.27B net loss in Q1 2026, and revenue growth that lags peers like Nvidia. The bull case is the Space Economy itself, think Starlink, orbital data centers, asteroid mining, even consumer space travel.

Does any of it matter when Musk stocks defy gravity? Roadshow expected to start June 4, pricing June 11, trading June 12.

$SPCX $TSLA $RKLB $ASTS $NVDA $SPY $QQQ

05/22/2026

Nvidia just made $82B and the stock fell. Here's why. $NVDA

Nvidia just put up $82B in revenue, 85% growth year-over-year, and the stock fell 2%. Sounds crazy — until you understand the reporting cycle. Plus: a new $200B CPU opportunity, the AI Clouds story Jensen's betting on, and a $91B Q2 forecast. Here's what really happened.

$NVDA $SMH $XLK $SOXX $AMD $INTC $TSM

05/20/2026

Markets in 60 Seconds ⏰: Google I/O, Jensen at Dell, Senate vs. Trump on Iran, T-Notes Move

It’s Rapid Fire 🔥: Sundar Pichai opens Google I/O with Gemini 3.5 Flash, Ask YouTube, and Docs Live. $GOOG holding the bid at $385 just off 52 week high.

Jensen Huang takes the $Dell Technologies World stage and says AI demand is "going parabolic, utterly parabolic”. Nvidia reports Wednesday with analysts targeting $276 vs. $220 today.

NextEra agrees to acquire Dominion in a $67B all-stock deal to build the world's largest utility for the AI power surge. $D up 12%, $NEE down 4%.

Macro: 30-year yield at 5.2%, highest since pre-financial crisis. 10-year at 4.7%. Hike risk back on the table. Iran war powers vote clears the Senate 50–47. Strait of Hormuz still in play.

$NVDA $GOOGL $QQQ $XLK

05/19/2026

A look behind the scenes of WSGN, 1500 miles from Midtown. No Studio. No Office. No Problem.


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