Wall Street Steadies as Hot Inflation Data Keeps Fed in Focus, AI Stocks Slide
Markets Daniel Marsh

Wall Street Steadies as Hot Inflation Data Keeps Fed in Focus, AI Stocks Slide

The S&P 500 and Nasdaq stabilized Wednesday after a hotter-than-expected CPI report, while AI stocks slid on dilution fears from Super Micro's $7 billion financing plan.

SMCI NVDA AVGO MU SPY QQQ XLE USO GLD
Chewy Stock Slides on Weakened 2026 Sales View Despite Strong Q1
Earnings James Calloway

Chewy Stock Slides on Weakened 2026 Sales View Despite Strong Q1

Chewy shares dropped 50 cents to $19.90 after the company slashed its fiscal 2026 net sales outlook to $13.40-$13.55 billion, missing analyst estimates, despite a strong first-quarter earnings beat.

CHWY
Nu Holdings Shares Rebound on $1B Buyback; Credit Concerns Linger
Markets Daniel Marsh

Nu Holdings Shares Rebound on $1B Buyback; Credit Concerns Linger

Nu Holdings shares rebounded 1.3% to $12.04 after a $1 billion buyback was authorized, but remain down 30.5% over six months as investors weigh the support against rising credit costs and a CFO transition.

NU
Keel Infrastructure Edges Up on $458M Convertible Note Close for AI Data Centers
Crypto Sarah Chen

Keel Infrastructure Edges Up on $458M Convertible Note Close for AI Data Centers

Keel Infrastructure shares rose 0.83% to $5.47 after closing a $458M convertible-note deal, up from $350M, to fund AI data centers and cap dilution.

BITF
Opendoor Shares Surge on 31% Jump in Acquisition Contracts Ahead of Russell 3000 Inclusion
Markets Daniel Marsh

Opendoor Shares Surge on 31% Jump in Acquisition Contracts Ahead of Russell 3000 Inclusion

Opendoor shares jumped 8% after a dashboard update revealed a 31% week-over-week increase in acquisition contracts, boosting turnaround hopes before the Russell 3000 reconstitution.

OPEN
Robinhood Stock Jumps on Strong May Metrics, Crypto Concerns Linger
Markets Daniel Marsh

Robinhood Stock Jumps on Strong May Metrics, Crypto Concerns Linger

Robinhood shares surged 8.2% after May data revealed strong trading activity and asset growth, but crypto volume on the app remains down 50% year over year.

HOOD
Mister Car Wash Stock Stalls at $7.10 After Leonard Green Take-Private
Markets Daniel Marsh

Mister Car Wash Stock Stalls at $7.10 After Leonard Green Take-Private

Mister Car Wash shares show a stale $7.10 quote with no trading activity after the $3.1B take-private by Leonard Green closed. The stock is delisted from Nasdaq and removed from the S&P SmallCap 600.

MCW
Social Security Fund Depletion Accelerates to Late 2032
Economy Daniel Marsh

Social Security Fund Depletion Accelerates to Late 2032

Social Security's retirement trust fund depletion date moved up to Q4 2032, one quarter earlier than last year, risking automatic 22% cuts if Congress fails to act.

SPY TLT
VS Media Skyrockets 317% Pre-Market on Stake Increase in S T Meng
Markets Daniel Marsh

VS Media Skyrockets 317% Pre-Market on Stake Increase in S T Meng

VS Media Holdings (VSME) surged over 300% pre-market after a debt-to-equity swap increased its stake in S T Meng to 41.52%, but the micro-cap still faces going-concern risks.

VSME
Super Micro Stock Tumbles on $7 Billion Capital Raise Despite $39 Billion in AI Server Orders
Technology Sarah Chen

Super Micro Stock Tumbles on $7 Billion Capital Raise Despite $39 Billion in AI Server Orders

Super Micro shares dropped 11% premarket after unveiling a $7 billion financing plan to support $39 billion in AI server orders, which are not firm commitments, sparking dilution and working-capital worries.

SMCI
Rigetti Computing Stock Drops After Director Files to Sell $2.6 Million in Shares
Technology Sarah Chen

Rigetti Computing Stock Drops After Director Files to Sell $2.6 Million in Shares

Rigetti Computing shares dropped 9.55% Tuesday after a director filed to sell $2.6 million in stock, testing the recent rally on a potential $100 million U.S. quantum-computing award.

RGTI QBTS IBM
UiPath Stock Extends Slide as ARR Growth Concerns Persist
Technology Sarah Chen

UiPath Stock Extends Slide as ARR Growth Concerns Persist

UiPath shares continued to decline as investors scrutinize the gap between revenue and ARR growth, with Q2 guidance becoming the focal point for the stock's direction.

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