My top 10 things to watch Friday, Sept. 13
1. The S&P 500 is trying close out the second week of September trading with its fifth straight positive session. What a difference a week makes. The index has now erased almost all of last week’s bruising losses. At our September Monthly Meeting for Club members on Thursday, I offered my latest thinking on all 32 of our stocks during this volatile period for the market.
2. Oracle‘s amazing transformation continues. Just days after reporting strong fiscal 2025 first-quarter results that sent its stock soaring, executives guided for fiscal 2026 revenues of at least $66 billion, above the $64.5 billion consensus estimate. Shares are jumping Friday. Price target bumps are flooding in, too. Larry Ellison’s prediction that Oracle will one day operate at least 1,000 data centers, up from 162 currently, is looking more and more realistic.
3. Club holding Nvidia‘s next-generation Blackwell chip platform is starting “full volume production,” CEO Jensen Huang told CNBC’s own Megan Cassella on Thursday outside the White House. Jensen, other tech executives, and leaders of power and utility companies were there for a meeting about the future of AI energy infrastructure in the U.S. We own Eaton as a bet on growing electricity needs due to AI. Nvidia and Eaton are both core holdings for the Investing Club. There’s one more stock I’d like to add to that list.
