00:00And here's what's grabbing my attention. Hewlett Packard Enterprise, ticker symbol HPE, up 29%.
00:06It delivered a historic fiscal second quarter earnings report, absolutely crushed
00:11a Wall Street forecast. But you know what? The stock had already been up 60% in just the past
00:17month for Hewlett Packard. Even I could have made money trading this one. When I saw the Dell
00:21numbers last week, I'm like, yeah, by HPE, Dell's kicked so well. And sure enough, they did.
00:27It was a high bar after, you know, its rival Dell came out with their blowout earnings. But
00:31HPE giving an outlook for annual sales that topped estimates. It is citing again, we sound like
00:37broken records, but citing massive growth in AI fuel demand for its servers and networking. So what
00:42we're seeing is these traditional server companies, equipment makers, are really beneficiaries of the
00:47AI trade. And you may not have called that at the beginning of the AI boom. The market cap, I
00:52don't
00:52think it's $62 trillion. I know, I saw that. So it's $62 billion. Small. It's a small cap. It is
00:57practically, yeah. Like we were just talking to Francis
01:00Gannon about, it's a small cap cap. Yeah, relatively speaking, exactly. Yep, what a play.
01:04All right, Victoria's Secret out with this breaking news saying sexy matters. So you know what? It
01:10changed its ticker symbol to drive home that message. So starting today, Victoria's Secret is no longer
01:15trading under the ticker symbol VSCO. It is now VSXY, like very sexy. It is up 36.5% in
01:26the
01:26pre-market, but shares have surged 160% over the past year. Investors, they seem to be embracing CEO
01:33Hillary Super's efforts to revitalize the brand. So they were out with earnings today and including,
01:38you know, in addition to that ticker symbol changing, earnings and revenue beating estimates.
01:42Victoria's Secret also raised its sales outlook. Super is the company's fourth CEO since 2019.
01:49Wow. So they've been going through some change. They're trying to regain that cultural cachet.
01:54They're now refocusing on their bras. They have a pink brand. That's what it's called
01:58here toward younger shoppers. And they're returning to their roots and bringing back the Victoria's
02:03Secret fashion show, which remember came under a lot of criticism a few years back.
02:07What they need to do is reopen their store on 58th and Lex. Oh, remember that?
02:11It's still vacant. It is. That was their flagship store.
02:14They have PJs perfect for summer nights. There you go.
02:18Oh, there you go. Are you looking at one of their ads right now, Tom?
02:20Not me. I read the interviews.
02:22Yeah, yeah. I read the interviews. Next.
02:26All right. Chipmaker, Marvel Technology up 18%. So all of my stocks today, by the way, are big winners.
02:33Marvel Technology is gaining after NVIDIA CEO Jensen Wong predicted the semiconductor and networking
02:39company will be the next business to hit a trillion dollar valuation. Now, that would be
02:44more than five times its current capitalization. But I need to say this. NVIDIA has something to gain
02:50in saying this. Why? Because the chip giant took a $2 billion stake in Marvel three months ago,
02:55right, as part of a broader partnership. He made these comments on stage at the Computex trade show
03:01in Taipei, standing there right alongside Marvel's CEO, Matt Murphy. But also, Marvel's stock has been
03:07on a tear up 158% this year alone. Wow. And if this rally holds, by the way, when the
03:12market opens,
03:14Marvel will notch its biggest intraday jump since March. It's a pretty eye-popping number.
03:18I mean, Alexis doesn't understand. This just reeks of 1999.
03:24Yeah. There's certain aspects of it. Moment to moment. Yep. Yep. Yep.
03:28It's just that. So are you waving the cautionary flag, Tom? Because I don't know. Well,
03:33I'm in triple leverage all cash, so I'm not playing. But the answer is moment to moment.
03:39It's not exuberance. It's breathlessness. Yep. And it's great word for it.
03:44Numbers and the numbers in terms of investments, in terms of stock price appreciation, in terms
03:49of bond offerings, equity offerings, the numbers we've just haven't seen them before. Plus all
03:54the IPOs. We haven't even started on SpaceX. That rhetoric starts, I guess, Thursday.
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