Presented by Proffe Invest: Michael Proffe has spent 30+ years spotting powerful market trends, and he turned $30,000 into $3 million with his trend-following strategy. Now he's named 3 stocks he believes could power the next phase of the AI boom. Get the free report revealing all three →

Deals and disruption are driving the tape this morning. A cash buyout is lifting both sides of a chip deal, and a days-old spinoff is enjoying its first moments inside the S&P 500.

The biggest moves are on the downside. A sportswear giant still can't find its footing, a rival's expansion plans are hitting a hard drive maker, and one medical device name is falling hard on news that looked like a win.

He turned $30,000 into 3 million with his trend-following strategy.

Now, he’s zeroed in on 3 stocks he believes could be major beneficiaries of AI’s next phase—and they’re probably not the names you’re expecting.

He reveals all three in this FREE report.

Synaptics (SYNA): +14%

Synaptics is jumping after reports that ON Semiconductor (ON) will acquire the company for $123 per share in cash. An all-cash price puts a hard number on the stock, and in a deal situation, that number becomes the whole story.

ON Semiconductor (ON): +7%

The buyer is rallying alongside the target, which is not how deal news usually plays out for an acquirer. The Synaptics transaction is now valued at $5.7 billion, down from the $7 billion attached to the prior agreement. Paying meaningfully less for the same asset is the kind of deal math investors tend to reward.

Vylor (VYLR): +2%

The newly independent seeds and genetics company is edging higher after joining the S&P 500 on Thursday, the same day it was spun off from Corteva (CTVA). Vylor takes Corteva's spot in the index, while Corteva moves down to the S&P MidCap 400. For a stock that's only days old, index inclusion is about as strong a debut tailwind as it gets.

Nexalin Technology (NXL): -25%

Nexalin is sliding despite announcing a 10-year distribution and manufacturing deal with Inovanexa Medical Technologies, which clears its Nexalin Sync neurostimulation device for distribution across seven South American countries. A 25% drop on what reads like expansion news suggests the market isn't buying the headline, at least not yet.

Seagate Technology (STX): -11%

Seagate is getting hit after a Nikkei report that Toshiba will double its production capacity for data-center hard drives and invest $380 million to expand facilities in the Philippines. Toshiba is one of Seagate's top competitors in a concentrated market. A well-funded rival scaling up in Seagate's core business is exactly the kind of headline that resets expectations.

Nike (NKE): -7%

Nike missed revenue expectations for its fiscal first quarter, with sales down 4% on declines in its China business. The company also announced plans to cut staff in 2027. A revenue miss, a China problem, and future layoffs add up to a story that still hasn't turned the corner.

He turned $30,000 into 3 million with his trend-following strategy.

Now, he’s zeroed in on 3 stocks he believes could be major beneficiaries of AI’s next phase—and they’re probably not the names you’re expecting.

He reveals all three in this FREE report.

Mattel (MAT)

Retail traders on StockTwits are treating Authentic Brands Group's reported takeover approach as an opening bid, not a final number. The preliminary offer is above $20 per share, and the chatter has already moved on to whether a bidding war could push that toward $25 or even $30.

The stock jumped 18% Thursday on the report, its best day in more than seven years, and was roughly flat overnight. Preliminary offers don't always become formal ones, so this could turn into a bidding war, a single deal, or nothing at all.

✌️That’s it for today.