Happy Friday, unless you were hoping for green stocks. The story has been the same all week: Oil swung hard today, cratering toward $92 a barrel in the morning before reversing to settle +3.0% at $98.56 as Strait of Hormuz tensions hit the price. The bounce dragged equities off their opening highs and sent the dollar to record highs. It’s like the markets fall in the after hours trade on Macro war news, but then during open trade they solidify.

The macro during the tape today didn't help. January PCE came in at +0.3% month-over-month, in line but still moving in the wrong direction, Core PCE was growing at 3.1%.

On top of that, the Q4 GDP print was slashed nearly in half to a +0.7% annualized growth rate. Slow growth plus sticky inflation is the two-word nightmare scenario for the Fed, and markets priced it accordingly, with rate cut expectations continuing to evaporate and gold fell to $5,020/oz. The FOMC is going to meet and decide rates next week, most likely to keep things in place, but they might warn the market that things are looking bleak. 👀

The Magnificent Seven index hit correction territory, now down roughly -10% from its 2026 high, with Apple, Microsoft, and Salesforce all lagging the Dow today. Meta was among the harder hits after the New York Times reported its Avocado AI model underperformed in third-party benchmark tests.

Adobe fell -8% despite beating earnings, investors are worried about the CEO departure. Ulta Beauty cratered -14% after its earnings showed the cautious consumer has officially reached the lipstick aisle.

Not everything was red. Memory names including Sandisk and Micron kept climbing on the back of analyst upgrades and DRAM optimism. Amazon disclosed a deal with Cerebras for custom processors as part of its $200B AWS and AI data center buildout. And $TRUMP Coin is up on news that top holders will be invited to a dinner at Mar-a-Lago. 🎪

AWS announced a multiyear partnership with chip startup Cerebras on Friday, deploying its Wafer-Scale Engine processors inside Amazon data centers to supercharge AI inference, with $AMZN ( ▼ 0.89% ) shares slipping slightly despite the news.

The RIP: No financial terms disclosed; Cerebras valued at $23B post a $1B February raise; deal follows a $10B+ OpenAI pact in January; Cerebras claims its chips move up to 25x faster than Nvidia GPUs.

AWS is pairing Cerebras chips with its own Trainium processors to build a premium inference tier, targeting the fastest-growing workload in AI right now. The inference market is where the real dollars are moving in 2026, as model training plateaus and agentic AI drives demand for raw speed. This is a direct shot at Nvidia, which is scrambling to answer with its own Groq-powered inference play next week at GTC. For Amazon investors, it signals the $200B AWS buildout is not going to Nvidia alone. 🧠

You don’t usually get a warning before a price change. RAD Intel shares are still open at $0.85/share through an SEC-qualified Reg A+ round, but that price moves soon.

$60M+ raised from 14,000+ investors, backed by multiple Fidelity funds and selected by the Adobe Design Fund. Valuation increased 5,000%+ in 5 years* and sales contracts doubled from 2024 to 2025*, with multiple 7-figure enterprise contracts already closed in 2026.

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Get in at $0.85/share before the price changes.

This is a paid for RAD Intel madepursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company and there is currently no public market for the Company's Common Stock. Nasdaq ticker “$RADI” has been reserved by RAD Intel and any potential listing is subject to future regulatory approval and market conditions. Brand references reflect factual platform use, not endorsement. Investor references reflect factual individual or institutional participation and do not imply endorsement or sponsorship by the referenced companies. Please read the offering circular and related risks at invest.$RADIntel.ai.
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A federal judge threw out two DOJ subpoenas targeting Federal Reserve Chair Jerome Powell on Friday, ruling the government produced essentially zero evidence of a crime and calling the probe what many already suspected it was.

U.S. District Judge James Boasberg did not mince words, writing that the evidence suggested the subpoenas were designed to pressure Powell into cutting rates or resigning. D.C. District Attorney Jeanine Pirro called him an "activist judge" and promised an appeal, which the DOJ filed to do after the market closed.

The political fallout here lands hardest on Kevin Warsh's Fed Chair confirmation. Republican North Carolina Sen. Thom Tillis, who sits on the Senate Banking Committee and supports Warsh, has held up the process until the probe is dropped. He said Friday that appealing Boasberg's decision only digs the hole deeper and further delays Warsh's path to the chair.

“This ruling confirms just how weak and frivolous the criminal investigation of Chairman Powell is and it is nothing more than a failed attack on Fed independence,” Tillis said Friday on twitter.

Powell's term ends in May, and with an appeal now likely dragging into spring, the Fed's leadership transition is heading into genuine uncertainty just as inflation re-accelerates and rate cut expectations collapse. For bond and rate-sensitive equity holders, that is not a comfortable place to sit. 🏛️

The GPU king is heading into next week's GTC conference with a new pitch, as agentic AI turns central processors from an afterthought into the infrastructure story of 2026, with $NVDA ( ▼ 1.58% ) shares barely moving ahead of the event.

The shift is structural. Agentic AI workflows need focused compute to orchestrate the chaos, not just raw GPU horsepower. Nvidia's Vera CPU is focused and in planned for production without GPUs attached in Meta data centers. Bank of America sees the CPU market more than doubling from $27B in 2025 to $60B by 2030, and standalone CPUs will be a major part of it.

The catch is supply. AMD and Intel, who still hold 60% and 24% of server CPU market share respectively, are warning customers of six-month lead times and prices up more than 10%. Nvidia says its supply chain is holding, partly because most of its CPUs ship bundled with GPUs in rack-scale systems. Jensen Huang's GTC keynote Monday will likely put CPU architecture front and center, and Intel and AMD investors should be paying close attention. 🖥️

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