Turning his attention to this past week’s earnings reports, Hughes was looking at Dick’s Sporting Goods (NYSE: DKS). The stock rocketed higher and burned a lot of short sellers after an earnings report that demonstrated the company’s positioning as the tip of the spear in AI. On the heels of a strong earnings report, the company stands to benefit from the U.S. Inflation Reduction Act as well as from a 30% tax credit passed by the Canadian government.