Our stocks surged in the AI trade came back. 3 others stumbled

Stocks climbed after the CNBC Investing Club Monthly Meeting as the AI trade “came roaring back,” with the Nasdaq leading a broad rally. Over the period referenced, the Nasdaq rose 2.7%, the S&P 500 gained 2.6%, and the Dow advanced 2.3%. Gains arrived despite market volatility under the surface, including the forced unwinding of Situational Awareness, a highly leveraged AI-focused hedge fund that briefly pressured some of the biggest winners. On Thursday, markets pushed higher again. In the portfolio, Honeywell Aerospace would have been the worst performer, down 19.5% since the prior monthly meeting, after guidance was lowered in its first standalone earnings report due to ongoing supply-chain execution issues; the position was exited last week, though Honeywell Technologies remains. Top performers highlighted include Microsoft (+22.8%), Eaton (+16.1%), and Salesforce (+12%), while the piece also references the rotation dynamics tied to the unwind.