SK Hynix dragged us to new highs, Meta found its next big bet, and we're just hoping Bloom can defend its scandium story
← Friday, July 10, 2026 · Monday, July 13, 2026 → · July 2026 archive · Archive
Evening brief: SK Hynix dragged us to new highs, Meta found its next big bet, and we're just hoping Bloom can defend its scandium story
Published
SK Hynix IPO Ignites Tech Rally
A blockbuster $26.5 billion Wall Street debut for memory chipmaker SK Hynix dragged tech higher, pushing the S&P 500 near record highs.
CBRS Rips 8.3% on Capacity Deal
Cerebras Systems surged 8.34% after expanding its Flex manufacturing partnership to boost CS-3 AI supercomputer production sevenfold.
Meta Surges 5.97% on Cloud Push
Meta advanced 5.97% following a Buy upgrade and ambitious plans to launch Meta Compute, a massive AI infrastructure business rivaling AWS.
Bloom Drops 4.8% on Short Report
Shares tumbled 4.83% after Hunterbrook Capital published a short report alleging Bloom Energy misled investors regarding its scandium supply chain.
Watch CPI and Bank Earnings Next
With the AI trade holding strong, focus shifts next week to June inflation data and the kickoff of Q2 bank earnings.
Posture: Selectively Aggressive. AI trade is strong, but neutral sentiment and looming CPI/bank earnings warrant targeted buying rather than broad exposure.
Tickers in focus: SMH, META, BE
Upcoming earnings
The day's lineup changes
No lineup changes this day.
← Friday, July 10, 2026 · Monday, July 13, 2026 → · July 2026 archive · Archive