Briefing

Two pieces of news landed within sixteen hours of each other, and they point in opposite directions for the same group of stocks. Wednesday evening, Oracle handed AI semiconductors the most bullish micro catalyst of the quarter: a fiscal 2027 capital spending plan of roughly $70 billion net — $90 to $95 billion gross — nearly all of it destined for GPUs, servers, and data … [Read more...] about Oracle’s $95 Billion Capex Guide Meets a 6.5% PPI: Today’s Session Is the Test for Nvidia, AMD, and the AI Chip Trade

The Bureau of Labor Statistics delivered the second half of this week's inflation one-two punch on Thursday, and the producer side of the ledger looks considerably worse than the consumer side. The Producer Price Index for final demand rose 1.1% in May, matching April's pace, and the 12-month rate accelerated to 6.5% — the hottest reading since November 2022, when the … [Read more...] about PPI May 2026: Producer Prices Surge 1.1% as Iran War Energy Shock Hits the Pipeline, Goods Inflation Sets a Record

Marvell Technology (NASDAQ: MRVL) will join the S&P 500 before the opening bell on Monday, June 22 — a structural catalyst that is entirely independent of earnings, guidance, or analyst sentiment. The announcement came from S&P Dow Jones Indices on June 5. Marvell replaces Pool Corporation in the index's quarterly rebalancing, and Flex simultaneously replaces Campbell's. For … [Read more...] about June 22 Is the Date That Changes Everything for MRVL Shareholders

SpaceX begins trading on the Nasdaq on Friday, June 12, 2026, under the ticker SPCX, at a fixed offer price of $135 per share. The company is selling 555.6 million shares to raise $75 billion, with underwriters holding an option on another 83.33 million shares worth $11.2 billion. The implied valuation sits between $1.75 trillion and $1.77 trillion, which would make SpaceX … [Read more...] about SpaceX (SPCX) IPO: Why Facebook’s 2012 Debut Is the Warning Label on the Largest IPO in History

SK Hynix plans to list its shares in the United States as soon as August, according to two sources cited by Reuters, with the SEC expected to approve the company's American depositary receipt application during the week of June 22. The world's second-largest memory chipmaker confidentially filed in March, and the offering could raise as much as $14 billion — which would make it … [Read more...] about SK Hynix Eyes August US Listing: A $14 Billion ADR Raise Lands in the Middle of the AI Liquidity Pipeline