Rebel’s Edge Notes

The U.S. stock market is buoyed by notable gains in mega-cap technology stocks such as Microsoft, Meta Platforms, and Amazon, each rising over 2%. Meanwhile, Brent crude oil prices have sharply declined by over 8% following President Trump’s decision to cancel military strikes on Iran and signal a potential diplomatic resolution regarding the Strait of Hormuz.

Prediction:

 Best AI Platforms

AMZN +5%: UOA Killing The GAME! Shares rose as the e-commerce and cloud giant’s post-earnings rally pushed its market capitalization above $3 trillion for the first time. Joining an elite group of mega-cap peers, including Apple, Microsoft, and Nvidia, the milestone reflects renewed Wall Street confidence in the company’s core growth drivers. Strong quarterly performance in Amazon Web Services (AWS), driven by accelerating enterprise demand for generative AI infrastructure alongside expanding retail operating margins, helped fuel trading gains and solidify its position at the top tier of global corporate valuation.

MAR down 6%: Marriott International reported its second-quarter results, revealing a net income of $766M or $2.90 per share, slightly up from $763M or $2.78 per share, a year earlier. The company posted adjusted earnings of $844 million, or $3.19 per share, surpassing analysts’ expectations of $3.08. However, revenue of $7.07 billion fell short of the consensus estimate of $7.21 billion, despite a year-over-year increase of 4.8%. Additionally, Marriott lowered its guidance for third-quarter adjusted EPS to a range of $2.74 to $2.82, below the consensus estimate of $2.87. Following these announcements, shares of Marriott International Inc are declining in pre-market trading. Earlier in the session, the stock experienced significant volatility, having moved down as much as -6.1% shortly after the earnings release.

AXON +8%: Axon Enterprise is trading higher today primarily on anticipation of its upcoming Q2 earnings report due after the market close on August 5. Analysts expect strong revenue growth of nearly 30% year-over-year (around $868 million), continuing the company’s multi-quarter streak of 30%+ expansion driven by software and services, recurring revenue (ARR), body cameras, TASER devices, and newer AI tools. The stock had pulled back about 10% over the prior month amid valuation concerns and broader market volatility, so today’s move appears to reflect investors positioning for a potential beat or solid guidance, supported by recent analyst price-target hikes and the company’s entrenched position in public-safety technology. Axon’s growth story centers on its shift toward higher-margin software subscriptions, cloud evidence management, AI features (such as automated report drafting), and expanding federal/local government contracts. While no major new contract or product announcement specifically drove today’s surge, the combination of expected top-line strength, prior catalysts like federal interest in TASER equipment, and optimism around long-term AI and recurring-revenue momentum has supported buying interest ahead of the results. As always with pre-earnings moves, the reaction after the actual numbers and guidance will be more telling.

MPWR down 8%: Monolithic Power Systems stock is down roughly 7–8% (trading around $1,315 from a prior close near $1,426). The big move higher occurred on Friday, July 31, when shares jumped about 8–10% after the company reported strong Q2 results the evening before. On July 30, MPWR posted record Q2 revenue of $980.6 million (up 47.6% year-over-year and 22% sequentially) and non-GAAP EPS of $6.50, both well above expectations. Growth was driven heavily by the Enterprise Data segment (AI/data-center power management chips), which surged 164% year-over-year and 45% quarter-over-quarter. Management also raised Q3 revenue guidance to $1.14–$1.16 billion (far above prior consensus) and increased its share-repurchase authorization. Analysts responded with multiple price-target hikes. Today’s decline looks like typical profit-taking and digestion of the large post-earnings rally after the stock’s strong recent run.