Everpure (NYSE: P), the data storage and management company formerly known as Pure Storage, has seen big ups and downs so far in 2026. Shares were down as much as 18% earlier in the year, before recently being up as much as 26%. However, those gains quickly faded after the tech company’s latest e....
Good MorningU.S. stocks sold off Wednesday as investors reacted to hotter inflation data and rising geopolitical risk tied to Iran. May CPI reportedly rose 4.2%, the fastest pace in more than three years, reinforcing expectations that the Federal Reserve will hold rates next week and potentially strike a more hawkish tone. The Dow closed below 50,000, while financials and growth-oriented industrial names were among the weaker groups.
In corporate news, Oracle reported record quarterly results driven by surging cloud demand, including 47% cloud revenue growth and a 93% jump in infrastructure revenue, but the stock still slipped after hours. Amazon secured a $17.5 billion credit facility as the AI infrastructure spending race intensifies. Navan and Stitch Fix rallied after earnings beats.
IPO and deal activity remained in focus. Reports suggested SpaceX’s planned IPO is heavily oversubscribed, though valuation concerns and political scrutiny, including a request from Sen. Elizabeth Warren for an SEC delay, added uncertainty. Elsewhere, Tesla gained attention after JPMorgan lifted its price target, while Bloom Energy, Ford and FuelCell Energy traded lower amid company-specific concerns. Featured: Please open before June 12! (Ad) 
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Manufacturing |
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Everpure (NYSE: P), the data storage and management company formerly known as Pure Storage, has seen big ups and downs so far in 2026. Shares were down as much as 18% earlier in the year, before recently being up as much as 26%. However, those gains quickly faded after the tech company’s latest e... Read the Full Story |
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From Our Partners |
Silicon Valley insider Jeff Brown and former billion-dollar fund manager Larry Benedict are going public with results from a private beta - trades like +614% in 5 hours and +519% in under two days, in what they call the last unrigged market in America.
On Wednesday, June 17, at 8 p.m. ET, they're hosting a live briefing limited to 2,000 attendees. Registrants who attend will receive Larry's first trade free, plus a bonus valued at over $1,000. |
| Claim your spot now before the June 17 event fills up |
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Markets |
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When thinking about America’s neighbors in the Great White North, maple syrup, hockey, and poutine routinely come to mind. However, Canada's robust and highly sophisticated tech sector may deserve more attention. While American tech stocks still dominate the financial news cycle and the majority of... Read the Full Story |
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Technology |
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A quiet shift is underway in the global semiconductor landscape. While market-wide macro headwinds punish technology valuations, a foundational realignment of the AI supply chain is taking place. Alphabet Inc. (NASDAQ: GOOGL) has committed to a massive three-million-unit order for its Tensor Proce... Read the Full Story |
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From Our Partners |
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SMX (Security Matters) PLC embeds invisible molecular markers into plastics, metals, fuels, and textiles, linking each material to a secure digital identity that travels with the product through the supply chain.
With commodity prices near historic highs and regulators demanding stricter verification of recycled and industrial materials, demand for provable traceability is rising. SMX is positioning itself at the center of this shift. |
| Explore how SMX is building verification infrastructure for global industries |
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Aerospace |
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You have probably seen the headlines about Senator Elizabeth Warren trying to delay the SpaceX IPO. While it makes for good political drama, the reality for investors is that the deal is almost certainly happening on Friday. The real story isn't the political noise, it's the simple math of supply a... Read the Full Story |
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Technology |
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A key reason why earnings reports mean so much is their ability to turn anecdotes into evidence. When a company performs well, it’s usually a sign that it's growing and retaining its customer base. The opposite is true when a company underperforms. But the point is, earnings reports matter because... Read the Full Story |
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From Our Partners |
Silicon Valley insider Jeff Brown - who previously called Bitcoin at $240, Tesla at $20, and Nvidia at a split-adjusted $66 - says his next opportunity could be bigger than all of them combined.
On Wednesday, June 17 at 8 p.m. ET, Brown and former billion-dollar fund manager Larry Benedict will reveal details of a private beta trading list that has posted gains including +614% in 5 hours and +519% in under two days. Attendance is free, and the first trade will be delivered to attendees at no cost. |
| Register now to claim your free seat at the June 17 event |
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Retail/Wholesale |
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Chewy (NYSE: CHWY) is not without hurdles or headwinds, like any consumer retailer this year. However, market fears are clouding an otherwise bullish outlook, setting the stage for a massive stock price rebound over time. Critical factors include the company’s digital-first presence, its strength ... Read the Full Story |
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Technology |
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Most companies that have surged by more than 160% in a single year do not continue to make headlines with large-scale expansion announcements. But Nebius Group (NASDAQ: NBIS) is not most companies. Even as the stock has pulled back almost 22% from its 52-week high of $278.84 to trade around $218, ... Read the Full Story |
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Auto/Tires/Trucks |
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Shares of Tesla Inc (NASDAQ: TSLA) are down roughly 10% from last month's high and caught between two increasingly vocal camps. The bulls see a company on the verge of a transformational rerating as its ambitions in autonomous driving, robotics, and energy move from theory to reality. The bears, ... Read the Full Story |
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Technology |
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While the market’s latest selloff, which was rooted in the runaway AI chip trade, has adversely impacted high-flying tech stocks, high-beta companies in other industries have also had to deal with the fallout. Among them is AST SpaceMobile (NASDAQ: ASTS), the aerospace and space-based cellular bro... Read the Full Story |
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Consumer Discretionary |
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GameStop (NYSE: GME) issued what would otherwise be a very bullish $2 billion buyback announcement, but investors should be more than skeptical. The company sold those shares not too long ago, building capital for its next move. Assuming it follows through on the purchases, investors can only be ... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and... |
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