Happy Monday afternoon to everyone on The Street. Here's a snapshot of where markets ended the trading session, plus tomorrow's trade idea delivered to you today.

• 🟨 | US stocks were mixed today as the major indexes struggled to bounce back from Friday’s rout ahead of this week’s make-or-break events.

• 📈 | One Notable Gainer: Walgreens (WBA) shares added more than 6% as rumors of a potential buyout by PE firm Sycamore grew louder.

• 📉 | One Notable Decliner: NVIDIA’s (NVDA) stock shed 3% ahead of its earnings report on Wednesday. Economists warn a negative result could send the market into a downward spiral.

Sponsored by Centurion Publishing

SHOCKING Footage from Strange South Carolina Facility…

This isn’t some AI data center, government facility, Tesla factory or Amazon plant… But the technology being implemented here could soon begin to usher in $24 trillion of new wealth.

Click here to watch as chief investment analyst Matt McCall reveals exactly what’s going on PLUS his top 3 picks to profit from the massive tech rollout.

MARKET MOVERS

Palantir, Berkshire Hathaway, PDD Holdings

PLTR (-10.5%) One-time market favorite Palantir drops 10% on Monday and is now down nearly 30% from high (CNBC)

BRK.A (+4%) Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash (Reuters)

PDD (-8.8%) How Amazon Rival Temu Got Sucked Into Trump’s Trade War (Bloomberg)

FRPT (+7.3%) Freshpet jumps as Jefferies upgrades to Buy (SeekingAlpha)

RIVN (-7.8%) Rivian Stock Is Falling on Downgrades. Risks Are ‘Piling Up.’ (Barron’s)

OVERHEARD ON THE STREET

YF: Apple will invest $500B in the US over the next four years, including building a new Texas factory, doubling its manufacturing fund, and hiring 20,000 people.

CNBC: Starbucks will lay off 1,100 corporate workers after four consecutive quarters of sales declines, but cafe staff will not be affected.

Reuters: US manufacturers face higher metal prices and revised financial forecasts as tariffs approach. A business activity index hit a 17-month low in February.

WSJ: RFK Jr. made his “first anti-vaccine move” in by targeting members of a CDC committee responsible for vax approvals.

Forbes: Bitcoin prices plunged following a major hack at the Bybit exchange and experts warned a potential Fed overhaul could trigger a "nightmare" scenario for the crypto token.

TOMORROW’S TRADE IDEA, TODAY

This Stock Isn’t Just Fun and Games

Gotta Catch ‘Em All

Much like the Pokémon it famously unleashed onto phone screens everywhere, Unity Software (U) can’t stop leveling up.

The AR/VR gaming stock recently got a nice bump following its recent earnings report. It’s up more than 25% over the past five days.

But HSBC (HSBC) thinks more growth is in store. The firm lifted its price target for Unity to $34 per share, implying it could rise another 25% from current prices. Analyst Mohammed Khallouf also upped his rating from Hold to Buy.

App-ealing Earnings

Khallouf cited revenue momentum for Unity’s game engine and a revamped AdTech as potential tailwinds. The analyst also believes the company is attractive from an M&A standpoint due to its mobile gaming business and a plethora of first-party user data.

Unity’s earnings beat featured adjusted EBITDA of $106 million and revenue of $457 million. Those figures were projected to come in at $84.7 million and $432.5 million, respectively, according to FactSet. 

The analyst believes the beats were catalyzed by Unity’s new AI ad program, Vector, as well as its customer migration plans. Unity is still lagging behind its chief competitor (and last year’s top-performing S&P 500 stock) AppLovin (APP). But HSBC says the latest numbers suggest its chances of catching up have significantly improved.

Disunity

Wall Street observers are not unified in their opinions on Unity. Just 12 of 28 analysts covering the stock have given it a Buy or Strong Buy rating, according to LSEG. 15 have given it a Hold.

But Khallouf maintains the stock has a ton of momentum and big plans for 2025. Indeed, it has gained more than 50% over the past 6 months — but it remains down nearly 13% over the last 12.

To hear HSBC tell it, that just means now is the time to log on.

Sponsored by Centurion Publishing

SHOCKING Footage from Strange South Carolina Facility…

This isn’t some AI data center, government facility, Tesla factory or Amazon plant… But the technology being implemented here could soon begin to usher in $24 trillion of new wealth.

Click here to watch as chief investment analyst Matt McCall reveals exactly what’s going on PLUS his top 3 picks to profit from the massive tech rollout.

ON OUR RADAR

Bloomberg: The G-7 is struggling to agree on a joint statement regarding Ukraine after President Trump appeared to side with Russia in peace negotiations.

WSJ: Sunday's German election boosted Europe's centrists, as winning coalition leader Friedrich Merz emphasized the need for independence from the US.

CNBC: A lawsuit challenges Elon Musk's social media threat to federal workers, warning them to list their accomplishments or face forced "resignation."

AP: Elon Musk’s cost-cutting team is laying off workers at the NHTSA, which oversees Tesla and investigates deadly crashes involving its cars.

CNN: Amid America's avian-flu-driven egg shortage, US businesses are turning to Turkey, which plans to export a record 420M eggs this year.

FRIDAY’S POLL RESULTS

Are you bullish or bearish on quantum computing stocks over the next 12 months?

🟩🟩🟩🟩🟩🟩 🐂 Bullish

🟨⬜⬜⬜⬜⬜ 🐻 Bearish

And, in response, you said:

• 🐂 Bullish —

  • “Why not?”

  • “It's a very shiny object... in a shiny object space.”

  • “One of my major plays this year is quantum.”