Another stock market week is done ,and more craziness unfolds, as usual. Here are the big stock market movers from last week:

 

The AI party train continues, and investors keep searching for the next big mover. AEHR certainly has captured investors' hearts, with a 723% one-year gain and a 59% gain last week alone. AEHR sells systems that reduce the cost of DRAM, a key component in the AI trade. AEHR reported third-quarter results and also announced a financing. 

 

If software sucks, then by default hardware must rock. NBIS, a data centre and compute company, surged 33% last week. News from Corewave and Microsoft underscored the fact that AI spending is certainly not slowing down. NBIS also got new research coverage frm Cantor, and also announced it was in discussions to acquire AI startup AI21. 

 

Don't get your shorts in a knot. Short sellers have been absolutely killed on CAR stock, up 58% last week and now up 330% in a year. The short interest in the stock is nearly 50%, and with news that Pentwater Capital acquired a large stake the cost to borrow shares skyrocketed, forcing short sellers to cover. The car rental business is somewhat boring but this situation has made CAR one of the hottest stocks of the year so far. 

 

Poor software companies. SNOW fell 20% last week. Was there news from the database company? Not really, other than several lawsuits from pissed-off investors who have seen their stock decline 45% this year. Nope, the news was just another release from Anthropic, which seems to release new AI technology weekly that kills more software companies. It is Spring, and SNOW is melting. 

 

We could basically say for HUBS exactly what we said for SNOW above. Another week, another 21% decline for HUBS stock, bringing its year-to-date loss to 53%. The customer relationship management company is now down 77% since February of last year. Agentic AI is taking down everything. HUBS stock is now just 15x earnings, but is quickly becoming a value trap. 

 

Missed last week's Rockets and Duds?