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Thursday 📉: Earnings season swallowed the market whole Thursday as the S&P 500 hit an intraday record then reversed, with software stocks getting obliterated after ServiceNow’s clean beat still got sold 18%, dragging the entire SaaS complex down hard. Intel was the lone bright spot, ripping +16% after hours on its sixth straight earnings beat and a credible AI pitch from new CEO Lip-Bu Tan. Cannabis got rescheduled, the Navy got orders to shoot Iranian boats in the Strait of Hormuz, and Wall Street decided none of the good news was good enough.

*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.

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