Oracle up 4.21% to $141.40 — best mover on the board today, and it's not close.

Oracle up 4.21% to $141.40 — best mover on the board today, and it's not close. Cloud momentum riding the AI capex wave.

Futures first. SPY up 0.6%. QQQ up 0.49%. VIX at 14.84 — low, calm, risk-on. Gold up 1.43%. That one wrinkle is worth watching when everything else is this quiet.

ETFs confirm the tone. DIA leads at plus 0.87%. SPY, QQQ, IWM all clustered around a half percent. Broad-based lift — small caps included.

No economic calendar today. Nothing scheduled. Price action carries its own weight.

Now the stocks.

Amazon up 3.29% to $262.43. AWS narrative still has legs.

Microsoft up 2.38% to $535.07. Enterprise cloud, Copilot rollout — story hasn't changed, neither has the direction.

UNH up 2.25% to $379.30. Healthcare catching a bid while growth names rally. Worth noting.

TSLA up 2.05% to $382.70. Sentiment-driven, as usual.

Now the red.

Intel down 2.22% to $104.70. Turnaround story still not convincing anyone.

AMD down 2.03% to $608.10. Chips are split — AMD and Intel both lower while the broader tech complex runs. That divergence is real and the bot is watching it.

NFLX down 1.77% to $70.30. No obvious catalyst. Gives back a little after recent strength.

Earnings on deck: ACZT, ALDS, BMRA, BZYR, DYNT, FNGR. Small caps, micro caps — none of them move the macro needle, but check your positions.

Asian markets were unavailable overnight. Going in blind on that side. Factor it in.

Bottom line — tech is leading, semis are split, gold is creeping, volatility is quiet. That's the setup.

Numbers don't lie. People do. Trade accordingly.