Tesla

Oracle

Elon Musk

Bloom

This week gave beaten-up stock names a strange new job. They stopped acting like laggards and started leading the screen. Oracle (NYSE: ORCL), Microsoft (NASDAQ: MSFT), and AMD (NASDAQ: AMD) came into Friday on track for huge weekly gains, the kind that reset charts and force traders to stop laughing at names they had written off.&nbsp;
Oracle rose 27% for the week, its best run since June 1999. AMD added 14% for the week, hit an all-time high on Thursday, and kept alive a 13-session winning streak that has pushed the shares up more than 42%.
Microsoft also climbed 14% in what is its best week since April 2015 after a brutal March quarter in which the software giant lost almost a quarter of its value, its worst quarter since 2008.
<a href="https://www.cryptopolitan.com/sp-500-closes-at-new-all-time-high-of-7019/" rel="noopener noreferrer nofollow">Tesla</a> (NASDAQ: TSLA) gained about 15% this week after Elon Musk said on Wednesday that the company hit a key milestone on its AI5 chip.
Broadcom (NASDAQ: AVGO), Micron (NASDAQ: MU), and ON Semiconductor are each up about 30% so far in April. Marvell is up 41% this month. The iShares Expanded Tech-Software ETF, or IGV, is up about 14% week to date, which puts it on track for its best week since its record week in October 2001.
The SPDR Info Tech Fund, known as XLK, hit an all-time high on Friday for the first time since October 2025 and closed at a record level after 13 straight days of gains. That fund also logged its best week since April 2025.
<h3 id="span-oracle-locks-down-power-while-amd-and-microsoft-rip-higher-span">Oracle locks down power while AMD and Microsoft rip higher</h3>
Oracle on Monday had expanded an artificial intelligence data center power deal with Bloom Energy, locking in 1.2 gigawatts of capacity from Bloom.
The week before, Oracle was also issued a warrant to buy $400 million worth of Bloom shares. That added another layer to the story and gave traders more reason to chase the move.
AMD’s run looked even more dramatic on the chart. The stock rose 14% this week, but the weekly number only tells part of it. The shares have climbed more than 42% during a stretch of 13 consecutive up days. That is AMD’s longest winning streak in more than 20 years.
Microsoft, meanwhile, just finished its worst quarter since 2008 in March, when it lost almost a quarter of its market value. Now it has posted its best week since April 2015.
Since the year started, a lot of stocks have been getting sold on the fear that AI would crush old software models or force expensive catch-up spending.
But this week, hopes for a lasting peace deal between the U.S. and Iran helped fuel the rebound across the sector. Even after this rally, IGV is still down about 19% so far this year.
<h3 id="span-tesla-joins-the-surge-as-chip-names-and-tech-funds-pile-on-span">Tesla joins the surge as chip names and tech funds pile on</h3>
Tesla’s setup though is more complicated. Musk said Wednesday that Tesla reached a key milestone on its AI5 chip, and the stock rose about 15% for the week.
Wall Street analysts expect revenue of $22.08 billion, down 9% from a year earlier. They also expect adjusted EPS of $0.35. Adjusted EBITDA is seen at $3.217 billion, down 14.4% from the same quarter last year.
Earlier this month, Tesla said it delivered 358,023 vehicles globally in the first quarter. That missed the 364,645 analysts expected, though it was still up 6.3% year over year. There is a catch in those year-over-year numbers.
Last year’s total was unusually weak because of the changeover to the new Model Y, which means the base for comparison was already low. Tesla is also expected to give investors an update on its full self-driving effort and its robotaxi plans.
Meanwhile, Broadcom stayed in focus as Jim Cramer discussed the recent market rotation on Mad Money and <a href="https://www.youtube.com/watch?v=x4_OWDM7u-g" rel="noopener noreferrer nofollow">said</a>: “You may think it’s fanciable to discuss a no-name company like Broadcom, but did you even realize that it’s actually bigger in market cap size than Meta? After the stock’s 4.2% rally today, isn’t that incredible? I’m going to be sure of this because you never know with these things. But I have to tell you, this Meta is back, okay? But Broadcom is the one that I think you need to focus on.”
If you want a calmer entry point into <a href="https://www.cryptopolitan.com/defi-passive-income-training-video/?utm_source=syndication&amp;utm_medium=inlineads&amp;utm_campaign=defioptin" rel="noopener noreferrer nofollow">DeFi crypto</a> without the usual hype, start with this free video.

Why are deadbeat stocks Oracle, Microsoft, and AMD suddenly the week’s best performers?

Table of Contents

Cryptopolitan_News

Other articles published on Apr 17, 2026

Join our free newsletter for daily crypto updates!