Burry Rang The Bubble Bell 🪦
CLOSING BELL
Happy Monday
Happy Monday, unless your portfolio was hiding in staples and pretending that counted as defense. The broad tape closed green, but the real action was weirdly specific: oil, AI plumbing, hard assets, and a few rate-sensitive shelters.
Energy owned the close. Crude jumped +3%, $XLE gained +2.64%, and the market treated renewed Iran and Strait of Hormuz risk like a scarcity trade after a back-and-forth dialogue over ceasefire talks filled weekend news updates. Meanwhile, tech still had its chip costume on: $LITE, $COHR, $GLW, $QCOM, $WDC, and $MU kept the AI infrastructure bid alive. It was a roaring day for tech and energy.
The ugly side was just as useful. Staples $XLP fell -1.00% names like Wendy’s brought in some bad reports. $XLC lost -1.19%, and $XLY slipped -0.74%.
Tuesday’s CPI gets first swing at proving whether this was inflation protection, chip momentum, or both.
Today’s Briefing:
-
After the Bell: AST SpaceMobile, Hims & Hers, and Marathon all gave the after-hours crowd fresh numbers to argue over
-
Analyst Takes: Michael Burry says the AI-led tape has jumped the shark, with 2000-style breadth warnings flashing again
-
Stocks: Celsius had its worst day in six months as Alani Nu and Rockstar growth raised fresh margin questions
-
Macro News: Oil led, chips chased, and defensives split as CPI, PPI, and retail sales moved to the front of the week
-
Pops & Drops and More
AFTER THE BELL
After-Hours Crowd Got Weird 🌙
AST SpaceMobile, Hims & Hers, and Marathon Digital all hit the Stocktwits trending list after the close, giving traders three very different versions of the same problem: growth stories still need numbers that do not make people squint.
AST’s Orbit Math Gets Messy 🛰️ AST SpaceMobile, the satellite-to-phone network builder trying to beam broadband directly to ordinary smartphones, delivered a quarter that looked better on revenue and uglier everywhere else. Investors got growth, cash, factory scale, and one very expensive reminder that space is rude.
The RIP: $ASTS reported Q1 revenue of $14.7M, up from $0.7M last year, but missed the $40M estimate. Net loss widened to $249.6M from $63.6M. Cash and equivalents totaled $3.5B.
The bull case is still deployment speed: AST says it is funded for roughly 90 BlueBird satellites, can build up to 6 per month, and is targeting about 45 in orbit by year-end. The bear case is execution risk, because BlueBird 7 was lost after the April 19 New Glenn mission and the company pegs the hit at $155M-$160M, only partly insured. 🛰️
FinnessaurusFlex, Stocktwits Cashtag award winner for top trade of the year has been a long term bull on the stock, and was excited going into earnings. As the stock gave back some of its gains for the day, he said the numbers were never going to be good for Q1, but losses are manageable based on the cash position.
“It’s all about guidance now, and if we are on track with producing SATs at the rate we have been signaling. They are STILL guiding 45+ SATs in orbit by EOY, which is serious given our manufacturing delays with stacking and blue origin mishap that set their launches back. 60 MNO partners now, and 3 new gov contracts.”
Pull up $ASTS, join in: launch plan or loss spiral →
$HIMS ( ▼ 14.1% ) Hims & Hers: Hims reported $608.1M in Q1 revenue, up 4% year-over-year, and nearly 2.6M subscribers, up 9%. The problem was everything below the sales line: GAAP EPS fell to -$0.40, net loss hit $92.1M, adjusted EBITDA dropped to $44.3M, and gross margin compressed to 65% from 73%. Management raised 2026 revenue guidance to $2.8B-$3B, but the GLP-1 pivot now has to prove it can grow without eating the model.
Check out what the community is saying → $HIMS ( ▼ 14.1% )
$MARA ( ▼ 5.0% ) Marathon Digital: Marathon, the Bitcoin miner, reported GAAP EPS of -$3.31, down 114% year-over-year, and revenue of $174.6M, down 18%. The preliminary release did not give traders much of a turnaround story to grab onto, which makes the reaction more about Bitcoin leverage than company-specific execution.
Want more? Head to → $MARA ( ▼ 5.0% )
ANALYST TAKES
Burry Rings the Bubble Bell 🔔
Burry said the market is jumping the shark, like Fonzie
Michael Burry, the Big Short investor now permanently cast as Wall Street’s favorite crash-call meme, said Monday in his private newsletter that the market has “jumped the shark.” His target is the same tape leading Monday’s close: semis, AI infrastructure, memory, and stocks going vertical while breadth gets worse underneath.
The RIP: Burry pointed to 2000-style late-cycle action, the Nasdaq 100’s true P/E near 43x versus Wall Street’s 30x, and BTIG data showing the S&P 500 stretched while fewer than 55% of components sat above their 50-day moving averages. It’s not that the time for a drawback is now, its that the market is reaching unseen levels of concentration, and Bury thinks its roing to unwind soon.
Burry pulled up a chart from Jonathan Krinsky at BTIG, an analyst, who illustrated the insane new market
The point is not that Burry has the date nailed. It is that the market is rewarding the exact parts of the tape that look most parabolic, while punishing plenty of good non-AI companies on small misses. That is how bubbles get funny right before they stop being funny. 🔔
Hit the $QQQ stream with your response: warning or wolf cry →
STOCKS
Jump into the conversation on Stocktwits: 10% bearish / 90% bullish; message volume extremely high (90/100).
Top posts:
-
@Moistchikin (22 likes): “$CELH the curve is forming and I see green bars!! Here we go. See y’all at $100” (post)
-
@R_Stock_Investments (17 likes): “$CELH down 40% in 3 months in insane with these ER numbers” (post)
-
@JustTradingHoy (11 likes): “$CELH shaking my head if it manages to close above 31 after the day action. That would set up for a move to $…” (post)
MACRO NEWS
🔄 Sector Rotation Watch
It’s Monday, and the market opened green, but the real bid sat in oil, chips, and hard-asset hedges. Let’s break down some of the shifts in sectors to start the week, based on the ETF prices that changed, and Saturday’s top 25 momentum stocks.
If one of these sectors peaks your interest, jump over to Stocktwits to join the conversation by clicking the ticker.
$XLE ( ▲ 0.7% ) Energy +2.5%: Energy took the wheel as $CL jumped +3.5% on renewed U.S.-Iran tension and the still-blocked Strait of Hormuz. $XOM is the clean read here: if crude holds near $98, the mega-cap energy trade stays less about growth and more about scarcity pricing.
$XLK ( ▼ 1.51% ) Technology +1.0%: Tech’s green tape is still a chip tape. Intel, Micron, AMD, and the storage names kept dominating the momentum board, but $NVDA is the tell into this week’s Trump-Xi meeting because chip export rules and AI hardware demand are now the same trade.
$XLP ( ▲ 1.28% ) Consumer Staples -1.3%: Staples were the ugly outlier, and that matters because this is the sector that’s supposed to hide well when oil spikes. $COST is the watch into Thursday’s retail sales print: if the best traffic story in staples cannot catch a bid, the group has a margin problem, not a sentiment problem.
$XLRE ( ▲ 0.02% ) Real Estate +0.5%: REITs caught a smaller but louder bid, with bullish sentiment and high message volume. $AMT is the cleaner setup than office or housing beta, since tower cash flows can work if CPI keeps rate-cut hopes alive Tuesday.
$XLB ( ▼ 0.23% ) Materials +1.3%: Materials joined the commodity bid as metals firmed and fertilizer supply worries stayed live. $FCX is the copper pulse to watch, but this callout needs confirmation before publication because the cleanest catalyst is bigger than one top ETF holding.
Watch this week: Tuesday’s CPI is the first test, then Wednesday’s PPI and Thursday’s retail sales decide whether this is an inflation hedge tape or just another chip-led melt-up with oil making noise.
TRENDING ON STOCKTWITS
Pops & Drops
-
$COHR ( ▼ 1.5% ) Coherent: surged +13% after AI optical peers hit records
-
$RKLB ( ▲ 0.18% ) Rocket Lab: soared +11% after record Q1 revenue beat
-
$GLW ( ▼ 4.41% ) Corning: jumped +11% after Nvidia optical partnership spread
-
$QCOM ( ▼ 11.46% ) Qualcomm: popped +9% after data-center AI bets widened
-
$COIN ( ▼ 4.14% ) Coinbase: jumped +8% after crypto bill markup neared
-
$TSLA ( ▼ 2.6% ) Tesla: climbed +4% after China FSD speculation returned
-
$CAT ( ▼ 1.58% ) Caterpillar: gained +3% after Baird boosted its target
-
$SHOP ( ▼ 2.63% ) Shopify: tumbled -7% after Q2 growth outlook disappointed
-
$ZTS ( ▲ 0.35% ) Zoetis: fell -8% after guidance cut hit pets
-
$CTRA ( ▼ 8.62% ) Coterra: dropped -9% after Q1 earnings missed
ST EDITOR’S PICKS
Links That Don’t Suck 🌐
😨 Wendy’s empire has burned. Its future now hinges on a chicken sandwich.
🏠️ Oil prices jump after Trump dismisses Iran proposal to end war
💰️ Micron helps DRAM become the fastest ETF to hit $6.5 billion: Chart of the Day
*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.
WHAT’S ON DECK
Tomorrow’s Top Things 📋
Pre-Market Earnings: $QBTS D Wave Quantum Inc, $UAA Under Armour Inc Class A, $SE Sea Ltd – ADR, $IMNN Imunon Inc, $NLST Netlist Inc, +18 more. ☀️
After-Market Earnings: $NRDE Nu Ride Inc, $HYLN Hyliion Holdings Corp, $ANY Sphere 3D Corp, $OKLO Oklo Inc Class A, $ZENA ZenaTech Inc., +91 more. 🌙
P.S. You can listen to all of these earnings calls on Stocktwits.
Get In Touch 📬
Want to see some change? Email Kevin Travers feedback, follow him on Stocktwits. Refer a friend for this quarter’s edition of The RIP Forecast!
Terms & Conditions 📝
Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The content is to be used for informational and entertainment purposes only and the service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which content is published on the service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍
Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋
