Trending Events
What's moving markets right now. Tap an event to see our full analysis.
AI Infrastructure Boom
$660-690B hyperscaler capex in 2026: AMZN $200B, GOOG $175-185B, Meta $115-135B, MSFT $120B+, ORCL $50B. Plus $500B Stargate project. Largest infrastructure buildout in history.
Iran Geopolitical Crisis
US-Iran nuclear talks in Oman (Feb 6). US shot down Iranian drone near USS Lincoln. Trump weighing strikes. Oil at $66-70 Brent. Gold hit $5,110 ATH.
Quantum Computing Breakout
Google Willow chip 13,000x faster. IonQ SkyWater $1.8B acquisition. Pure-plays sold off 10-19% in Jan. $1T TAM by 2035 but commercialization years away.
China Trade War Escalation
Trump tariffs 25-60% on Chinese goods. Chip export restrictions tightening. China retaliating on agriculture & rare earths. Supply chain reshoring accelerating.
USD & Fed Policy
Fed at 3.50-3.75% after 3 cuts, paused Jan 28. DXY down to ~97 from 100+. CPI 2.7%, core PCE 2.8%. Next cut likely mid-2026. Tariff pass-through threatening inflation rebound.
Energy Grid Supercycle
128 GW new load growth in 5 years. Data centers to consume 6% of US electricity by 2026. PJM capacity prices at FERC cap. NERC warns half of US faces blackout risk. Nuclear restarts + 80 GW gas turbine backlog.
US Fiscal & DOGE
$38.6T national debt, $1.9T FY2026 deficit. Interest costs crossing $1T. DOGE cut 350K federal workers but spending still rising. Debt ceiling ~Nov 2026. Supreme Court tariff ruling imminent.
Market Intelligence Brief
Updated Feb 12, 2026 · 4:00 PM ET
mPulse now tracks 62 stocks across 7 macro events — the broadest coverage yet. AI capex remains the dominant theme: hyperscaler spend at $660-690B, VRT +18% on Q4 beat, TSMC record revenue confirms demand is not peaking. Energy grid is emerging as the second pillar — GEV near ATH on 80 GW backlog, PWR above all analyst PTs on grid construction boom. Fed policy is the key swing factor: higher-for-longer is crushing rate-sensitive names (ENPH -33%, SMR -65%, BX -41%) while banks rally on NII (JPM, GS). Defense spending hits record levels (LMT $194B backlog, RTX $260B) as Iran talks stall and fiscal deficits widen to $38.6T.
Hyperscaler capex $660-690B. VRT/AEIS record Q4 beats. TSMC record revenue (+37% YoY). Demand broadening from GPU to power/cooling/connectivity.
Oman talks concluded without resolution — missile program non-negotiable. Gold above $5,000. LMT/RTX at record backlogs. Diplomatic window narrowing.
Post-hype cooldown. RGTI -23% YTD after roadmap reset. "Hype vs Profits" narrative growing. IONQ Q4 earnings Feb 25 is the next catalyst.
34.7% tariffs holding. QCOM hit by memory shortage + Huawei competition. NKE breaking below key SMAs. Intel reshoring thesis intact but execution unproven.
Higher-for-longer crushing speculative growth. BX -41%, BAH -40%, ENPH -33%. Banks benefiting from NII expansion. DXY ~97 pressuring commodity-linked and foreign-revenue names.
Grid supercycle confirmed. GEV 80 GW backlog, PWR above all analyst PTs. FSLR cheapest energy stock at 9x PE. Nuclear renaissance: CEG -34% from ATH creates re-entry window.
$38.6T debt, $1T interest. DOGE gutting BAH (-40%). CHIPS Act/IRA spending sustaining MP, FSLR, INTC. Defense budget at $961.6B record. Nov 2026 debt ceiling looms.
mPulse Index Changelog
Cross-Event Alpha
The 7-event universe reveals powerful cross-event positioning. CEG (AI 70 + Grid 95 + Iran 30 + Fiscal 25) is the anchor cross-event stock — nuclear power serves AI, energy security, and clean energy policy simultaneously. EntryScore 62, down 34% from ATH. GEV (AI 35 + Grid 95 + Fiscal 15) captures both AI data center power demand and the broader grid modernization supercycle — 80 GW backlog is the proof. PLTR (AI 62 + Iran 60 + Fiscal 55 + China 25) bridges defense AI, government IT, and geopolitics — the purest multi-event play. BAH (AI 35 + Iran 40 + Fiscal 90) is the deepest value cross-event name at 12x PE, down 40% from ATH. DOGE risk is real but AI/cyber spending is structural.
Upcoming Catalysts
·Feb 12: CSCO Q2 FY2026 earnings — AI networking and margin recovery
·Feb 18: NBIS Q4/FY2025 earnings — GPU cloud revenue trajectory
·Feb 25: NVDA Q4 FY2026 earnings — $65B consensus, Blackwell ramp
·Feb 25: IONQ Q4 earnings — 256-qubit milestone, SkyWater integration
·Feb 26: CRWV Q4 earnings — customer diversification beyond MSFT
·Feb 27: DELL Q4 FY2026 earnings — AI server shipments + guidance
·Mar 5: RGTI Q4 earnings — contract wins + roadmap update
·Mar 11: CRDO Q3 earnings — AEC market share, optical connectivity
·Mar 2026: NKE Q3 earnings — China revenue + turnaround progress
·Ongoing: FOMC meetings — rate path determines usd_fed event trajectory
·Jul 4, 2026: OBBBA solar/wind credit construction start deadline — FSLR, NEE catalyst
·Nov 2026: Federal debt ceiling deadline — GLD, JPM, BAH exposure
💡 How mPulse Works
We track 7 macro events shaping markets right now — from AI infrastructure spending to energy grid buildout to Fed policy shifts. Each event comes with bull/bear analysis, catalyst calendars, and 62 stocks scored for relevance with cross-event overlap highlighted. Tap any event to see which stocks benefit and which face risk. Tap any stock for thesis, fundamentals, price targets, and every event that impacts it. Star stocks to build a watchlist and add shares to see portfolio-level event exposure.