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What We're Watching Today

Econ Calendar Tues 6/9/26NFIB Small Business Optimism Index 6:00 AM ETInternational Trade in Goods and Services 8:30 AM ETExisting Home Sales 10:00 AM ETTreasury Buyback & Bill Announcements 11:00 AM ET6-Week Bill Auction 52-Week Bill Auction 11:30 AM ET3-Yr Note Auction 1:00 PM ETTreasury Buyback Results 2:00 PM ET
U.S. stock futures rise as oil slides, chip stocks continue rebound: Live updates - CNBC
Trump says Iran deal could be reached in ‘two or three days’ and Strait of Hormuz will reopen ‘immediately’ - CNBC
Defying Trump with brief Iran fight, Israel seeks sway over peace talks - Reuters
Iran’s Attack on Israel Reveals New and Aggressive Regional Ambitions - WSJ
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up - CNBC
Lebanon Is Teetering at the Abyss of a New Civil War - WSJ
Investors spy a tipping point for bonds after geopolitics shreds old playbooks - Reuters
Treasury Market Is Telling Kevin Warsh Rates Need to Be Higher - BBG
US Small-Business Optimism Falls to Lowest Since October 2024 - BBG
51% of U.S. adults say the American Dream is out of reach for most people right now: CNBC survey
Trump approval stays near record low as most Americans expect higher gas prices - Reuters
Trump’s trade war has a new target: forced labor. The case behind it is far from simple - CNBC
Trump’s No Tax on Tips Gamble Risks Falling Short With Disgruntled Vegas Voters - BBG
Trump's $100,000 H-1B visa fee is unlawful, US judge rules - Reuters
Trump Fuels Election-Fraud Claims in California - WSJ
Mark Carney's trade push collides with reality of US dependence - Reuters
EU to propose 21st package of sanctions targeting Russia's banks - Reuters
German exports up, production falls short of forecasts - Reuters
What Reversing Brexit Would Mean for the UK Economy - BBG
China rides AI wave as exports surge past forecast - Reuters
Taiwan Mulls Curbs on AI Chip Exports to China to Align With US - BBG
Chinese military hovered as global executives flocked to Taiwan tech show - Reuters
Taiwan May exports hit second-highest value by month on strong AI demand - Reuters
China's Xi hails deeper understanding at end of North Korea summit - Reuters
Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes - Reuters
US leads record rise in spending on nuclear arsenals, campaign group says - Reuters
Sterling rises against euro, dollar as risk sentiment improves - Reuters
Under the Trump crypto playbook, the family always wins. Investors don’t - Reuters
Parsing the Trumps’ crypto profits, investors’ losses - Reuters
$APLD (+13.3% pre) Applied Digital jumps after landing 210 MW lease deal at its fifth 'AI Factory' - SA
$PLTR (-0.6% pre) UK reviewing Palantir's NHS contract amid pressure to use break clause
$GOOGL (+0.7% pre) For the first time, $AAPL Apple Intelligence workloads will run beyond Apple's own silicon, utilizing Google Cloud systems powered by $NVDA NVIDIA GPUs.
$INTC (+2.7% pre) The new $AAPL implementation uses $NVDA NVIDIA Confidential Computing with NVIDIA GPUs, Intel CPUs with TDX, and $GOOGL Google’s Titan chip.
$AAPL (-0.7% pre) Apple partnering with $GOOGL Google and $NVDA Nvidia for most advanced AI model
$AAPL (-0.7% pre) Apple Downplays Concerns That Its Use of $GOOGL Google AI Models Will Undermine Privacy - BBG
$AAPL (-0.7% pre) Apple failed to make its AI tool to comply to EU regulations, EU Commission says - Reuters
$NVDA (+0.3% pre) Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports - CNBC
$CRWV (+3.3% pre) CoreWeave Plans European Investor Calls For Potential Debt Sale
$CRWV (+3.3% pre) CoreWeave founders sold $2.3B in planned stock sales since IPO: report
Confidential submission of draft S-1 to the SEC - OpenAI
Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
$SPCX SpaceX, Anthropic, OpenAI Can Rewrite History for Megacap IPOs - BBG
$BABA $BIDU US says BYD, Baidu, Alibaba and other tech giants are aiding China's military - Reuters
For a Select Few, IPOs Are Winners. Good Luck to Everyone Else. - WSJ
$SPCX SpaceX IPO Forces Investors to Bet on Musk’s Entangled AI Empire - BBG
$META (+1.2% pre) Meta Launches ‘Workforce Academy’ to Train Workers to Build Data Centers - WSJ
$ASTS (+6.8% pre) AST SpaceMobile sets June 17 launch for BlueBird 8, 9, and 10 satellites
$QTEX (+19.9% pre) QTREX receives $1 million Israel grant for quantum dielectric material
$WCC (+0.5% pre) WESCO to acquire Newark Engineering Group for $136 million
$SIRI (+3.9% pre) Sirius XM (SIRI) to Join S&P MidCap 400
$FRSX (+15.0% pre) $VWAV VisionWave to acquire controlling stake in Foresight Autonomous for $17.5M
$NBIS (+4.5% pre) Nebius Launches Physical AI Living Lab for UK and European Robotics Startups Built With NVIDIA Technologies
$STAK (+25.1% pre) STAK stock surges 20% on AI power solutions subsidiary plan
$NUVL (+38.8% pre) $GSK boosts cancer portfolio with $10.6 billion Nuvalent takeover ($124/sh cash) - Reuters
$NOVT (-6.3% pre) Novanta Inc. Announces Acquisition of Riverpoint Medical
$RNAC (+16.0% pre) Cartesian Therapeutics Announces In Vivo CAR-T Licensing Alliance
ADP reports US private sector job growth slowed to 29,000 weekly average
$ADUR (+9.7% pre) Aduro achieves 86% liquid hydrocarbon yield in pilot plant campaign
$ASO (+1.3% pre) Academy Sports + Outdoors Reports First Quarter Fiscal 2026 Results; Academy Sports online sales up 17.4% as it adds more stores
$SJM (+5.7% pre) Smucker: Fiscal Q4 Earnings Snapshot
$AVO (-2.2% pre) Mission Produce’s (NASDAQ:AVO) Q1 CY2026: Beats On Revenue But Stock Drops
$DBI (-11.6% pre) Designer Brands shares tumble on weak guidance despite Q1 beat - SI
$EH (-8.2% pre) EHang Holdings Releases Q1 2026 Financial Results
$LE (-5.8% pre) Lands' End (NASDAQ:LE) Faces Narrower Loss but Revenue Miss on Distribution Disruption
$MTN (-4.8% pre) Vail projects fiscal 2026 resort EBITDA of $735M-$755M amid spring pass units down 10%
$SAIL (-12.3% pre) SailPoint's stock slumps despite Q1 beat
$TITN (-2.3% pre) Titan Machinery: Fiscal Q1 Earnings Snapshot
$UEC (-4.0% pre) Uranium Energy Reports Q3 Results With Wider EPS Loss, Shares Slide
$UNFI (-13.8% pre) United Natural Foods (NYSE:UNFI) Misses Q1 CY2026 Sales Expectations, Stock Drops
Top Earnings Tu 6/9 Aft: $BARK $CBRL $CASY $DOMO $LAKE $LMNR $SKIL $SUJA
Top Earnings Wed 6/10 Pre: $CHWY $CMCM $CNM $JLL $YB
$OPTX (+4.5% pre) ICU blood tests in minutes: Syntec Optics lands $4.6M device order
$CECO (+14.2% pre) CECO Environmental surges after raising 2026 outlook following Thermon acquisition
$MU (+4.5% pre) Micron to deliver 'another strong quarter', Goldman says
$QCOM (+2.4% pre) Qualcomm Gains Appear Tied to Chatter $NVDA NVIDIA CEO Recommended Shares - SI
Upgrades 6/9: $AJG $BRC $CLF $FCEL $JMIA $PAR $PTCT $TNGX $TOL $WST
Downgrades 6/9: $EQR $INGR $LEN $NRIX $NUVL $PRU
+Initiations 6/9: $CBRS $DTIL $ELVN $FVR $GOLD $IFF $KYNB $LOPE $LYTS $MGNI $NB $PKE $RAL $VEON $WPP $ZYME
$BYAH (-38.5% pre) Form EFFECT Park Ha Biological Techn
$IDYA (-7.5% pre) IDEAYA Announces Pricing of $300 Million Offering of Common Stock and Pre-Funded Warrants
Top Shareholder Meetings: $BIIB $CROX $CZR $ETSY $MP $TJX $ULTA $WBD
Top Analyst/Investor Calls: $ETR $EVLV $NET $NICE $TYL $ZS
Top Conferences: o Apple WWDC o BAC Asia Conference o Benchmark Mineral Intelligence Giga USA o Evercore Consumer & Retail Conf o Goldman Sachs Healthcare Conference o H.C. Wainwright Cell Therapy Conf o Jefferies Aftermarket Summit o Jefferies Energy Conference o Mizuho Technology Conference o Morgan Stanley US Financials Conf o Oppenheimer Consumer Growth & ECommerce Conference o RBC Capital Financial Technology Conf o Rosenblatt Technology Summit – The Age of AI o Wells Fargo Industrials & Materials