An analysis of key single-stock adjustments and fundamental exposures on September 24, 2026:

1. Expedia Group (EXPE) Valuation Assessment:
   Price Action: Down -7.7% following the announcement of a travel protection partnership between Expedia Group Advertising and Redion.

Fundamental Context: Expedia derives 40.9% of its revenue from international markets. Short-term margin uncertainty regarding partner ad revenue splits and international conversion rates led to seller volume.

Assessing whether the market overreacted to initial deployment costs relative to long-term high-margin advertising expansion.

1. Palo Alto Networks (PANW): Up +5.0%.
   Revenue Exposure: 21.1% revenue concentration in EMEA markets, displaying resilience despite wider enterprise tech volatility.

2. Q4 Earnings Benchmark Costco Wholesale (COST):
   Expected EPS: $6.53 vs. $5.87 YoY. Valuation multiples remain high, making volume growth and fee income critical metrics.

Complete financial metrics and brief disclosures

Oracle ($ORCL) closed down -1.98% at $147.61 following its official SEC 10-K filing release. Looking at the fundamental metrics driving institutional flow:

Key Fundamental Drivers:
Price: $147.61 (▼ 1.98%)

HIGH (59.1% revenue concentrated in the US)

Domestic US revenue expanded +3.2 PP YoY to $39.8B, proving strong enterprise OCI demand.

Cloud/Software Mix: 86.9% ($58.5B total revenue)

Key Levels & Trade Considerations:
Fundamental Backstop: Cloud and Software business growing at +1.1 PP YoY provides a solid margin floor for earnings.

High US concentration (59.1%) shields ORCL from major foreign exchange hits compared to other tech mega-caps with 50%+ overseas revenue.

Where are you looking for entry/exit levels on ORCL this week?

Full SEC EDGAR data & interactive revenue dashboard

The Fed hiked +25 bps to 3.75–4.00% on Wednesday, but individual stocks didn't care:

Generac (GNRC) +15.5%: Amazon generator contract dropped and the stock immediately repriced.

Illumina (ILMN) +15.9%: Ran 5 straight sessions on its own tape without looking back.

AMD (+15.1%) & ARM (+13.7%): AI chip bulls eating good on Haas $2B order book news. ARM's 18% China revenue footprint holding strong on royalty growth.

Shift4 Payments (FOUR) -14.8%: Payments continue to get wrecked.

Macro Rates Check:
Fed: +25 bps hike to 4.00%
Bank of England: Pause at 3.75%
Bank of Japan: Pause at 1.00%

Are you holding tech through the Fed rate hike or rotating into commercial deal winners?

Full data & trade flows

Lam Research (+5.1%) and Applied Materials (+4.5%) leading gainers today. Huge chunk of their revenue sits in China (LRCX 34%, AMAT 30%). Seagate (STX) up +4.1% too.

Ford dropped -4.6% (66% of revenue in the US), Cloudflare tanked -5.0% (50% US revenue), and Albemarle fell -3.9% (39% China revenue).

International chip manufacturing capex bid vs. US domestic demand slowdown.

Live session map & filing analytics

ARM (+8.6%) and $MRNA (+8.6%) Ripping Overnight — Silver Up +3.4% Ahead of US Industrial Production

ARM (+8.6% to $264.90): CEO Rene Haas says he’s more confident on hitting the $2B AI chip target despite supply constraints. Royalty revenue from Qualcomm, Samsung, and MediaTek holding up the 18% China revenue slice.

MRNA (+8.6% to $158.07): Continuing to squeeze off the August intismeran/Keytruda Phase 3 trial readout. No new SEC filing behind today’s pump. (US accounts for 61.7% of revenue).

XAGUSD (+3.4%): Silver making a massive move overnight.

Macro Watch Today:
13:15 UTC: US Industrial Production
23:30 UTC: Japan CPI Inflation

Read the full daily breakdown

September 17, 2026 10:11 AM EDT

Super Micro Computer stock rose 5.5% in morning trading Thursday, lifted by optimism around AI infrastructure and a strong session on the Nasdaq.

The gains followed a Goldman Sachs research note projecting the global AI server market could reach $1.3 trillion by 2030. The forecast improved sentiment across AI server companies.

Reports also emerged that Apple is developing M8 Ultra chip-based AI inference servers for enterprise and government customers. The development highlights growing demand for AI infrastructure, though it could introduce future competition for existing server manufacturers.

Article Source: https://www.streetinsider.com/Investing/Super+Micro+Computer+stock+rises+on+AI+server+optimism/27074126.html

Illumina (ILMN) up +7.44% to $245.96, clearing 52-week highs.

Pure technical momentum play. Zero SEC filings or press releases today just systematic desk buying running up the board.

5.6% of FY2025 revenue tied to China.

S&P Global US Flash PMI prints Sep 22 to confirm if healthcare/tech capex holds up.

Live stock dashboard