Benchmark U.S. Treasury yields pushed past 5.2% while Brent crude oil futures approached $94 a barrel on escalating Middle East tensions, as a week of AI-selected stock breakouts unfolded against a backdrop of elevated volatility.
The week’s standout performers included Marvell Technology, whose shares rose 33.87% in August and 13.04% over the past week. The AI model flagged Marvell with 48.4% upside potential, citing its recent supply deal with Alphabet, which includes warrants for up to $12.2 billion of Marvell stock. Haemonetics Corporation surged 26.51% in August and 19.74% in the past week, following a multi-year supply agreement with CSL Plasma and a Q1 report that delivered $339.4 million in revenue and $1.14 in earnings per share. The company raised its full-year growth outlook to 5%-8% on strong demand for its VASCADE vascular closure line.
Energy names also featured prominently. Kosmos Energy returned close to 20% for the week after posting a Q2 net profit of $184.8 million, a 55% year-over-year increase in oil and gas revenue to $607.3 million, and a 12% rise in total net production to 71,400 barrels of oil equivalent per day. Unit operating costs fell 26% to $25.61 per barrel of oil equivalent, generating $88.9 million in free cash flow. SM Energy reported Q2 revenue of $2.50 billion, up 215% year-over-year, and earnings per share of $2.19, beating consensus estimates of $1.96. The company redeemed $417 million in notes early and completed $96.1 million in share repurchases.
Chord Energy added 11.70% for the week, generating $923.5 million in EBITDA and $414.1 million in free cash flow for Q2. Oil production reached 165.4 thousand barrels per day, and the company committed to returning at least 75% of free cash flow to shareholders starting in Q3. Mativ Holdings gained 37.46% in August, while Yubico AB rose 47.52% in the same period.
The AI model, launched in November 2023, has returned 193.96% since inception, outperforming the S&P 500 by 113.50%. It evaluates thousands of global equities using over 15 years of financial data across more than 150 quantitative models, selecting up to 20 high-conviction stocks per strategy with monthly rebalancing.
The week’s broader market backdrop included a U.S. national debt exceeding $40 trillion and weak retail earnings from Walmart, signaling growing consumer strain. Weakness in the retail sector contrasted with the AI-driven stock selections, which focused on companies reporting strong earnings and outlooks.
