Welcome one and all, once again to Top Tickers! If this is your first time receiving the newsletter, you were in the final cohort that we migrated over from The Street Sheet. You’ll start to see this pre-market pamphlet every weekday morning before the market opens.

So far, we’ve gotten some incredible feedback, so thank you to everyone who has reached out. We have a lot on the docket for Q2, but for now, here’s what’s moving and shaking before the opening bell.

Earnings season continues to remind investors that posting a strong result is only half the story.

This morning, the market is rewarding companies that paired strong results with credible forward guidance, and punishing those that stumbled on either count, even when the stumble was small.

The energy sector is under pressure from a different kind of catalyst entirely: the possibility that a geopolitical premium built into oil prices over months could dissolve quickly.

Meanwhile, a bounce in memory stocks suggests some investors see the recent selloff in that group as an opportunity rather than a verdict.

While many are busy chasing the usual AI trends, a bigger opportunity is quietly brewing, and most are missing it. Imagine a major shift in how and where AI is built, opening up incredible wealth opportunities for those in the know.

Stock Earnings has found 9 AI companies primed to lead this change. These aren’t the tired “AI hype” stocks; they’re companies with real US operations, proven revenue growth, and deep AI integration.

They’ve put all the details in a FREE report: "Top 9 AI Stocks For This Month."

Inside you’ll discover:

…and 6 more game-changing companies!

The smart money is watching, and once they move, these stocks could soar. Don’t be the last to catch this wave.

nCino (NCNO): +24%

The cloud banking software company delivered a clean beat on both current-quarter revenue and its forward guidance, topping analyst expectations on both lines. For a fintech name that's been grinding through a tough environment for growth software, this is exactly the kind of print that builds investor confidence.

Dave & Buster's Entertainment (PLAY): +6%

The management signaled that same-store sales, revenue, and adjusted EBITDA are all expected to grow in 2026, a welcome change in tone for a company that has been struggling with traffic headwinds. The forward-looking commentary is doing the heavy lifting here; the quarterly results themselves came in well below what analysts had expected.

Sandisk (SNDK): +3%

The memory complex is bouncing back after a painful stretch through Monday's close, and Sandisk is leading the group higher. The sector has been this year's investor darling, and buyers are treating the recent dip as an entry point rather than a warning sign.

RH (RH): -21%

The luxury home furnishings retailer gave investors a revenue growth outlook for the full year that fell short of what the street was expecting, and the market is punishing it hard. The quarterly earnings and revenue figures also both missed estimates by a meaningful margin, giving bears little to argue with.

Nike (NKE): -11%

Nike's North American revenue came in just below analyst expectations, which was enough to tip the stock into a steep decline. Three major Wall Street banks piled on with downgrades in the same session, and that combination of a narrow miss and institutional skepticism is a difficult hole to climb out of before the open.

Occidental Petroleum (OXY): -4%

Renewed optimism about a potential end to the U.S.-Iran war is sending crude futures back below $100, and Occidental is taking the sharpest hit among the energy majors. The narrative is straightforward: if the war ends, the geopolitical premium on oil disappears fast, and energy stocks reprice to match.

AI spending is exploding again — and Wall Street is already rotating into the next wave.

If you’re still watching the usual AI names… you may already be late.

Stock Earnings just released a FREE report: “Top 9 AI Stocks For This Month.” Inside:

…plus 6 more

This is the kind of list investors only find after the move starts.

Micron Technology (MU)

Micron recently posted what may be the best quarter in the company's history, tripling revenue year-over-year and smashing Wall Street estimates on both the top and bottom lines.

The stock fell anyway, and it has been falling ever since, down roughly 25% from its post-earnings peak, with a new Google compression algorithm called TurboQuant adding fuel to the bear case by raising questions about how much memory AI systems will actually need going forward.

The debate on r/stocks and r/wallstreetbets is sharp and active, with bulls citing a valuation that now prices MU like a busted cyclical rather than an AI infrastructure company, and bears pointing to the TurboQuant threat and surging capital expenditure commitments as reasons to stay cautious.

Today's memory sector rebound in names like Sandisk and Western Digital is drawing attention back to whether Micron, the most beaten-up name in the group, is finally due for its own recovery moment or whether the selling has further to run.

✌️That’s it for today.