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Chipping Away At The Bears | Ryan Detrick, CMT, Carson Group | Sep 25, 2026

Chipping Away At The Bears | Ryan Detrick, CMT, Carson Group | Sep 25, 202625 Sept1 h 20 min

<p>Stock Market Today: AI names are bouncing back this morning. After the close yesterday we got news that Akamai signed an $11.6 billion cloud deal with Anthropic making it your biggest gainer this morning with shares up 22.8%. The $SMH ETF is trading 1.2% higher in the premarket session, pointing to another positive day for AI hardware stocks. </p><p>Subscribe: @PreMarketPrep </p><p>The major indexes are in positive territory on Friday morning with SPY, QQQ, IWM, and the DIA all trading higher. </p><p>Costco $COST is trading lower after the company reported Q4 earnings, narrowly beating revenue estimates after the close on Thursday.</p><p>The Last Move: </p><p>A roundup of price action from the last 24 hours:</p><p>- Zscaler $ZS: Zscaler Names Ross Tackett as Chief Revenue Officer, Succeeding Mike Rich, stock fell 3.6% in after hours trading.</p><p>- Oracle $ORCL, Bloom Energy $BE, Blue Owl Capital $OWL: Oracle issued a "force majeure" notice to a Blue Owl unit, the developer of a large New Mexico ‌data center, citing potential delays in securing power for the project, stock dropped 3.4%. </p><p>- Unity Software $U: Partners with Meta to provide day-one support for Meta VR glasses, shares were volatile and finished 6% lower.</p><p>- PepsiCo $PEP: PepsiCo shares fell 1.5% as they announce they are to raise some prices after cuts failed to grow sales.</p><p>- GoDaddy $GDDY: GoDaddy receives takeover offer from maker of Norton Antivirus software, FT Reports, shares popped and finished 4.6% higher.</p><p>- Draftkings $DKNG: DraftKings shares popped before being faded as New York sues Polymarket over alleged illegal gambling operation.</p><p>- Everpure $P: Everpure shares rose 14.7% in the first hour of trading after prelim FY28 revenue outlook announced at their investor day on Wednesday, the stock finished the day up 11.1%.</p><p>- People $PPLI: 'MGM Resorts eyeing bid for Barry Diller’s People Inc.; Billionaire’s company, which has a stake in MGM' - WSJ Exclusive, shares pop 8.5%in premarket trading on Friday. </p><p>- Redwire $RDW, Rocket Lab $RKLB and Firefly Aerospace $FLY: These companies made the cut as one of 15 companies chosen for NITE-STAR, a Space Systems Command contract structure that allows multiple awardees and runs on an as-needed ordering basis, with a combined cap of $981 million across two separate five-year stretches, per a release the command put out July 31. All of these space companies finished the day up a few percent. </p><p>Our spe