THE STOCK MARKET HAS THE BEST 9 DAY STRETCH SINCE 2023, THE WAR MAY BE ENDING SOON | DAILY RECAP

Amit Kukreja•Aug 9, 2026

Summary

Amit outlines a bullish thesis centered on the capitulation of the recent market dip and the transition back to fundamental growth. Amit believes the market has already priced in the worst geopolitical headlines and is now looking forward to a potential deal between the US and Iran, noting that a framework for compromise exists. Amit emphasizes that the current valuations of major tech companies are attractive, specifically noting that the software sector saw extreme selling pressure that created generational buying opportunities.

Oracle (ORCL): Amit identifies Oracle as a premier 'NeoCloud' play, highlighting the massive remaining performance obligations from OpenAI and the recent energy deal with Bloom Energy. Amit bought the stock at $138 during the Friday sell-off, viewing the software sector panic as irrational. Amit notes the company's significant momentum as the stock reached the $157 to $160 range after hours.

Palantir (PLTR): Amit reinforces the stance on Palantir as a favorite company, specifically mentioning buying the recent dip. Amit points to the company's impressive 70% growth rate and 50% adjusted operating margins as evidence of fundamental strength. Amit argues that Palantir is unfairly grouped with legacy software companies and noted the recovery of the stock toward the 134 level.

Microsoft (MSFT): Amit highlights the resilience of Microsoft, noting the recent recovery despite narratives that AI tools like Co-pilot are currently overvalued. Amit believes the recent 30% decline was an overreaction and that the stock currently trades at a reasonable 20 times earnings. Amit looks forward to the next earnings call for further validation of the software strategy and AI roadmap.

Summary

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