The number of stocks in the S&P 500 (SPX) falling below their 50-day SMA is growing, a warning sign Tom White sees for the market's momentum. It also complicates the Fed's interest rate outlook further as crude oil hits $93. In earnings, Tom explains why Broadcom (AVGO) and HPE (HPE) sold off on strong earnings and guidance while Snowflake (SNOW) rallied. He turns to breaking news after Nvidia (NVDA) announced it will buy Hugging Face for nearly $13 billion.