Summary
The hosts review a quiet market close with the S&P 500 modestly higher for the day and week, while small caps lagged. Notable movers included SK Hynix's strong U.S. listing debut and Meta's gain on an analyst upgrade, while Datadog fell on a downgrade. The conversation also touched on homebuying sentiment among younger Americans and a whimsical snow room trend.
- S&P 500 and Nasdaq eked out gains, but the Russell 2000 declined.
- SK Hynix surged 13% after its record U.S. ADR listing tied to AI memory demand.
- Meta rose to its biggest gain since April 2025 after KeyBanc raised its price target.
- Datadog dropped over 4% after Bernstein downgraded it, citing weakening demand signals.
- CrowdStrike and Palo Alto Networks also fell, the former on insider selling.
- A Capital Economics note warned the S&P 500 may not rally further without semiconductor participation.
- A Bloomberg story highlighted declining belief in homeownership among Americans under 40.