Good morning.
The Fast Five → Wall Street braces for another hot inflation report, investors dump shares of AI's biggest winners, Apple's Siri AI is 2 years too late, Kalshi rolls out whistleblower services, and AI selloff a ‘wake-up call’ for investors, Wells Fargo says…
📌 How to Profit off Anthropic's Project Glasswing - A select group of companies will be given early access to an advanced form of AI deemed "too dangerous" for the public. To see which stocks could emerge as the biggest winners and losers as this technology cleaves the market in half, go here for the names, tickers, and buy/sell recommendations »
(from Chaikin Analytics)
Calendar: Full Calendar »
Today:
Consumer Price Index, 8:30A
Tomorrow:
Producer Price Index, 8:30A
Unemployment Claims, 8:30A
Your 5-minute briefing for Wednesday, June 10:
BEFORE THE OPEN
As of market close 6/9/2026.
Pre-Market:
Market Wrap:
Futures lower Dow -161, S&P -0.3%, Nasdaq -0.3%
S&P -0.26%, Nasdaq -0.97%, Dow +86
US launched strikes on Iran after helicopter attack
Oil rose, with WTI crude back near $89 a barrel
Chip stocks remained under pressure amid AI pullback
Investors debate whether tech weakness is a correction or trend shift
This morning: CPI inflation data due
EARNINGS
Here’s what we’re watching this week:
Today: *Chewy $CHWY ( ▲ 1.24% )
Oracle $ORCL ( ▼ 2.84% ) - $1.96 EPS (+15.3% YoY) on $19.1B revenue (+20.1% YoY)
THU:
Adobe $ADBE ( ▼ 2.9% ) - $5.81 EPS (+14.4% YoY) on $6.2B revenue (+8.8% YoY)
Elon Musk Warns We May Have
Just Six Months Left
"Frontier AI" is a point of no return when AI surpasses human intelligence and gains free will. Elon Musk warns this moment could hit by the end of 2026.
According to 60-year Wall Street legend, Marc Chaikin, Frontier AI could soon become the only thing that determines which companies make money and which grind to a halt.
That's why he's giving away a list of stocks to buy and sell to help you position your money for a world driven by Frontier AI technology.
- a message from Chaikin Analytics -
HEADLINES
Economists expect the Labor Department to report that consumer prices rose 0.5% from April and 4.2% from last May.
S&P 500, Nasdaq fall as tech selling resumes (more)
Treasury market is telling Kevin Warsh rates need to be higher (more)
Social security will start running out earlier than expected (more)
Oil rises nearly 1% as US launches new strikes against Iran (more)
Home sales surged in May to the highest level since December (more)
China May wholesale inflation hits near 4-year high (more)
China preps $295B plan to fund nationwide AI buildout (more)
Semiconductor shorts pile on as winning trade reverses (more)
Super Micro Computer to raise $7B in equity to meet AI server demand (more)
AI selloff a ‘wake-up call’ for investors, Wells Fargo says (more)
Apple's Siri AI is both cool and 2 years too late (more)
Meta ties up with Ambani's Reliance for AI data center in India (more)
JPMorgan Chase plans to deploy more powerful AI agents this year (more)
Kalshi trading in ‘perps’ crosses $1B in volume within a week of launch (more)
Kalshi rolls out whistleblower services, employment verification to curb insider trading (more)
How one hedge fund is replacing human analysts with AI bots (more)
DEALFLOW
M+A | Investments
Cellares receives $20M investment from ARK Invest
Stars + Honey receives growth equity investment from VMG Partners
JP Donovan receives strategic investment from Godspeed Capital
VC
NinjaOne, an IT operations platform, raised $400M in Series C extension funding
GT Medical Technologies, Inc., a medical device company dedicated to patients with brain tumors, raised $100M in Series E funding
City Therapeutics, Inc., a biopharma company developing RNA interference-based medicines, raised $99.5M in Series B funding
Stepful, a training platform for healthcare careers, raised $55M in Series C funding
Pogo, an AI research platform empowered by purchase-verified consumer data, raised $32M in funding
Vinyl Equity, a fintech company for capital markets, corporate transactions and SEC-registered transfer agent, raised $20M in Series A funding
Golden Analytics, an AI-native analytics platform provider, raised $14M in Seed extension funding
Upriver, an AI-native data engineering platform provider, raised $14M in Seed funding
SyntheticFi, a fintech platform for RIAs to access low-cost, tax-efficient financing solutions for clients, raised $13M in funding
Orbital, a space infrastructure company building AI data centers in Low Earth Orbit, raised $5M in Pre-Seed funding
Soffi, a collaborative development environment for enterprise product teams, emerged from stealth with $4.6M in Pre-Seed funding
Titan, a banking‑native AI platform purpose‑built for financial services, raised $3M in new funding
Campground, an operations platform for social impact programs, raised over $2.2M in funding
Mesoware, a company developing automation solutions for manufacturers, raised $1.5M in Pre-Seed funding
CRYPTO
BULLISH BITES
🐂 The bull and bear cases for SpaceX.
👀 Prediction markets are rebuilding insurance and it’s getting weird.
😬 People love to hate this fake Private Equity Guy.
⛱️ Patio chairs from Porsche.
DAILY SHARES
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