Photo by SpaceX on Unsplash

Today is Monday, June 15, 2026.

The Early Bird Index today is 88.66.

New to this newsletter? Sign up here

SpaceX Soared 19%. Who's Next? 🚀

What does the initial public offering of SpaceX $SPCX ( ▲ 19.6% ) , and eventually Anthropic and OpenAI, mean for retail investors? Find out by listening to a new episode of the Early Bird podcast.

Background: SpaceX went public on June 12, surging 19.22% in the process. Anthropic and OpenAI are likely to go public as early as the end of 2026.

Details: There’s huge potential for SpaceX, both as a company that can unlock the space economy and for investors. Friday’s IPO and subsequent surge were positive for the stock.

• However, experts note that SpaceX is likely overvalued, creating skepticism about how much investors could make with the stock in the long term.

Bigger Picture: Index funds will also be impacted by SpaceX. Some are already rebalancing to make room for the space juggernaut. Those funds will have to offload some shares of the big tech stocks to make room, which could create limited pressure on those tech names.

What’s Next: Anthropic and OpenAI are different than SpaceX in that they focus more specifically on AI. However, all three companies have high valuations, and certain hypotheses will have to come true to justify them.

Final Thoughts: What should retail investors know about these 2026 mega IPOs? Listen to a new episode of the Early Bird podcast to understand everything you need to know.

^{PRESENTED BY CASH APP}

What if saving felt as easy as your morning routine?

With Cash App, it can.

Round up your spare change from your coffee runs, save part of every paycheck with direct deposit, and make your savings work for you with up to 3.25% interest. Plus, there are no monthly or hidden fees, or minimum balances.

Save and transfer money whenever you want, and know your money is safe with 24/7 fraud monitoring and proactive security features.

Reach your goals faster with a better way to save that fits into your everyday life.

Start saving with Cash App

^{_{Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See Terms & Conditions. Eligibility restrictions apply to some benefits. See Terms and Conditions for more information.}}

Notables

Notable Earnings Today: Dave & Buster's (Nasdaq: PLAY), Canopy Growth Corp (Nasdaq: CGC), Domo (Nasdaq: DOMO), PowerFleet (Nasdaq: AIOT), Quantum Corp (Nasdaq: QMCO), RF Industries (Nasdaq: RFIL).

Notable IPOs Today: SL Science Holding Limited Ordinary Shares (Nasdaq: SLBT), Honeywell Aerospace Inc. Common Stock When Issued (Nasdaq: HONAV).

Notable Equity Crowdfunding Campaigns Ending Today: Collab - 150 Panoramic (Wefunder).

Notable Economic Events Today: NY Empire State Manufacturing Index (8:30 a.m. ET), Industrial Production (9:15 a.m. ET).

Eli Lilly's New Trial Results

Photo by Jiří Suchý on Unsplash

On Sunday, the drug company Eli Lilly $LLY ( ▼ 0.32% ) announced that adding their medicine, Jaypirca, to a standard two-drug treatment helps patients with certain types of blood cancers live longer without their disease getting worse. 

Details: In a recent clinical trial, this new three-drug combination reduced the risk of cancer progression or death by 45% compared to the standard treatment.

Background: The news comes a week after Eli Lilly released good trial results for its weight management drug, Foundayo.

Final Thoughts: Eli Lilly’s stock is up about 33% in the past 6 weeks. The stock started 2026 with a 20% decline before this period.

Bitcoin’s Mid-June Recovery

The price of Bitcoin $BTC ( ▲ 1.2% ) jumped about 2% on Sunday to reach $65,000, its highest value in about two weeks, thanks to talks of a peace deal between the U.S. and Iran.

Background: Bitcoin is still down about 24% this year.

Final Thoughts: Most major cryptocurrencies also rose on Sunday because of the peace talks.

Trends to Watch

Higher Oil Prices for Longer: Oil and gas supplies could take months to return to normal after Iran deal, energy experts say (Associated Press)

Big Week: SpaceX shows investors still want moonshots. The Fed may test that theory this week. (MarketWatch)

The AI Wave: As AI companies race to go public, who else is along for the ride? (TechCrunch)

Out of This World: Emboldened by SpaceX, Investors Are Piling Into All Things Space (Wall Street Journal)

Interesting Upgrade: Ethereum can quantum-proof accounts for just 7 cents, says Ethereum's Kohaku lead (Cointelegraph)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Early Bird Prime for June 14, 2026

Devon Energy $DVN ( ▼ 3.25% ) , the hydrocarbon exploration company, is up 19.65% in 2026. Why, you ask? Well, it’s all thanks to a financial outlook that’s shinier than a new oil rig, following its acquisition of Coterra Energy. It seems Devon has been busy, and investors are thrilled.

This week, Devon decided to introduce some extra good news. The company boosted its full-year outlook after sealing the deal with Coterra Energy, and an Evercore analyst even raised Devon's price target to $54.

But before you rush to buy Devon’s stock, remember that this is the same company that recently posted financial results that were seen as disappointing. So, should you really be buying the stock just because it’s up?

Let’s not forget that Devon is still exposed to U.S. shale decline rates, which means its production can fall fast without continued drilling and completions.

Moreover, Devon remains concentrated in upstream oil and gas rather than diversified across refining, chemicals, or midstream. This means it lacks the earnings smoothing of its integrated peers.

Should you buy Devon’s stock right now in 2026 or avoid it? Here’s the answer…

Photo by Amanz on Unsplash

Today is Friday, June 12, 2026.

The Early Bird Index today is 87.26.

New to this newsletter? Sign up here

Adobe's Leadership Exodus 📉

Adobe $ADBE ( ▲ 1.15% ) posted good financial earnings on Thursday, but concerns about leadership pulled the stock down 5.54% in after-hours trading.

Financials: Adobe reported earnings of $5.96 per share in the past quarter and revenue of $6.62 billion. Both were better than expected.

Details: The company’s annual recurring revenue was $27.10 billion, which was better than expected. Revenue increased in every customer group. And the current quarter revenue outlook of $6.67 billion to $6.72 billion was better than expected.

Powering the Story: Adobe also announced that CFO Dan Durn was leaving the company (he is joining Marvell $MRVL ( ▲ 10.43% ) , which ticked up 0.46% in after-hours trading). It’s another leadership departure for Adobe.

Background: In March, long-time Adobe CEO Shantanu Narayen announced his departure from the company.

Early Bird’s Nest Egg Gains: The stock’s decline in after-hours trading points to investor concern about continuity and execution rather than just a routine staffing change. Adobe is losing leaders while already facing skepticism about AI disruption to its core software franchise.

Final Thoughts: Adobe has lost over one-third of its stock value in 2026.

Trading options is complicated. Liquid simplifies your trading strategies.

Trading options can be highly profitable; it can also be highly unprofitable. The problem is that trading options is tough:

• Option decay is real

• Picking expiration dates is crucial

• Market makers scalp retail traders

Liquid allows anyone to trade perpetual futures, or “perps”. Perps are options without an expiration date.

This means you don’t need to worry about Greeks, simply

• Pick an asset

• Pick long or short

• Determine your collateral

• Determine your leverage

• Place your trade

Getting started is simple too; start to finish in less than 10 minutes:

• Login with google

• No-KYC

• Deposit with Apple Pay or your bank account

• Trade

Trading volatility doesn’t need to be harder than absolutely necessary.

Start trading perps now

Notables

Notable Earnings Today: N/A.

Notable IPOs Today: Space Exploration Technologies Corp. (Nasdaq: SPCX).

Notable Equity Crowdfunding Campaigns Ending Today: Power Hero Corp. (Wefunder).

Notable Economic Events Today: Michigan Consumer Expectations / Sentiment (10:00 a.m. ET).

Lennar's "Stubborn Headwinds"

Photo by Edgar Romero on Unsplash

Homebuilder Lennar $LEN ( ▼ 0.61% ) fell 2.74% in after-hours trading on Thursday after reporting mixed financial earnings results.

Financials: Lennar reported earnings of $1.31 per share in the past quarter, which were better than expected. But revenue was just $7.9 billion, which was lower than expected.

Quote: “Our second quarter of fiscal year 2026 was defined by the same stubborn headwinds that have challenged the housing market for the past several years – persistently elevated mortgage rates, constrained affordability, and cautious consumer sentiment, exacerbated by geopolitical uncertainty creating a resurgent inflation reading of 4.2% driven by higher energy prices.” - CEO Stuart Miller.

Final Thoughts: Lennar’s lousy year continues. The stock was already down 8.89% in 2026.

RH Posts Good Results

The home-furnishings company RH $RH ( ▼ 3.22% ) ticked up 0.47% in after-hours trading on Thursday after reporting good financial results.

Financials: RH reported a loss of $1.97 per share in the past quarter and revenue of $800.3 million. Both were better than expected.

Final Thoughts: While the results were good, investors were not pleased with the financial outlook for the current quarter. And it’s not easy to get excited about a stock that is down 76% over the past 5 years.

Trends to Watch

Major IPO Today: SpaceX locks in IPO price of $135, making it largest stock debut ever (NBC News)

That’s Unfair: Private Medicare Plans Often Deny Access to Rehab Care, Analysis Shows (New York Times)

Ethereum’s Attempted Comeback: ETH futures traders lean into $1.6K range lows: Will Ether lead market recovery? (Cointelegraph)

Still Facing Trouble: Bitcoin ETFs Shed $2.1B in June So Far as Market Selloff Deepens (Decrypt)

Gloomy Forecast: World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets (Reuters)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Galina Nelyubova on Unsplash

Today is Thursday, June 11, 2026.

The Early Bird Index today is 84.57.

New to this newsletter? Sign up here

Oracle's $40B AI Gamble 🧠

Oracle $ORCL ( ▲ 4.62% ) reported good financial results on Wednesday, but the company’s plan to borrow more money was poorly received, causing the stock to plunge 10.12% in after-hours trading.

Financials: Oracle reported earnings of $2.11 per share in the past quarter and revenue of $19.2 billion. Both were better than expected.

Details: The company’s Remaining Performance Obligations grew $85 billion to a record $638 billion.

Powering the Story: Oracle also announced on Wednesday that the company needs to raise $40 billion through a combination of debt and equity financing (including a previously announced $20 billion at-the-market equity issuance) to pay for its AI cloud ambitions.

Background: The company raised $43 billion in debt financing and $5 billion in equity financing in the previous year to fund AI plans. All the spending has weighed on the stock, which was only up 2% this year before these results.

Early Bird’s Nest Egg Gains: Oracle is raising a lot of capital for an AI buildout that may not generate cash fast enough, so investors are worried about dilution, heavier leverage, and weak free cash flow if the returns take longer than expected.

Final Thoughts: The day before Oracle’s results, Super Micro Computer $SMCI ( ▲ 1.28% ) also said it needs to raise funds to meet customer AI demands.

Every World Cup match is a market.

48 games. 32 countries. One tournament. From the group stage through the final, every outcome is tradeable in real time on Kalshi, a federally regulated exchange and official regional partner of the Argentine National Team.

You're not picking a spread. You buy "Yes" or "No" shares on what you think happens: who wins, who advances, who scores first. Earn returns if you're right. Peer-to-peer. No house. Cash out before the final whistle.

Trade $10, get $10 free to start.

Start Trading the World Cup

_{Trade responsibly.}

Notables

Notable Earnings Today: Adobe (Nasdaq: ADBE), Lovesac (Nasdaq: LOVE), RH (NYSE: RH), Lennar (NYSE: LEN), Aurora Cannabis (Nasdaq: ACB), Hooker Furnishings (Nasdaq: HOFT), McGraw Hill (NYSE: MH), Vera Bradley (Nasdaq: VRA).

Notable IPOs Today: Forbright, Inc. Class A Common Stock (Nasdaq: FRBT), Veraxa Biotech AG Ordinary Shares (Nasdaq: VRXA), Avalanche Treasury Corporation Class A Common Stock (Nasdaq: AVAT), Breeze Acquisition Corp. II Ordinary Shares (Nasdaq: BREZ).

Notable Equity Crowdfunding Campaigns Ending Today: The Noise Floor (Honeycomb), Nanusens (Crowdcube)

Notable Economic Events Today: Producer Price Index / Core PPI (8:30 a.m. ET), Jobless Claims (8:30 a.m. ET), WASDE Report (12:00 p.m. ET).

Stitch Fix’s Active Clients

Photo by Mediamodifier on Unsplash

Online personal styling service Stitch Fix $SFIX ( ▲ 10.01% ) jumped 2.22% in after-hours trading on Wednesday after reporting good financial results.

Financials: Stitch Fix reported a loss of 1 cent per share in the past quarter and revenue of $340.3 million. Both were better than expected.

Quote: “In Q3, we delivered another strong quarter, reporting our fifth consecutive quarter of year-over-year revenue growth on an adjusted basis, with both revenue and adjusted EBITDA exceeding our expectations. We also hit a significant milestone with sequential growth in active clients.” - CEO Matt Baer.

Final Thoughts: Stitch Fix investors finally got some good news. The stock was down over 29% this year.

Hyperliquid Loses Some Previous Gains

The price of the cryptocurrency Hyperliquid $HYPE ( ▲ 5.52% ) fell about 3% on Wednesday and is now down 25% in the past week. 

Final Thoughts: Hyperliquid is still up about 31% in the past 30 days, but it has lost some of its previous gains.

Trends to Watch

Game Over: Xbox Plans Significant Layoffs as New CEO Plans Overhaul (Bloomberg)

Privacy is Power: Privacy returns to focus as Ethereum developers explore new token standards (CoinDesk)

Valuation Concerns: Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams' (Reuters)

Agents Shopping for You: Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users (Associated Press)

Where Bitcoin Could Land: CryptoQuant sees bitcoin bottom near $53,600 while demand remains 'deeply unfavorable' (The Block)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Zach M on Unsplash

Today is Wednesday, June 10, 2026.

The Early Bird Index today is 87.02.

New to this newsletter? Sign up here

Super Micro Needs $7B for AI ⚡

Is AI demand outpacing supply? Super ​Micro ‌Computer $SMCI ( ▲ 1.28% ) fell 7.16% in after-hours trading on Tuesday after announcing a $7 billion raise to meet those demands.

Details: Super ​Micro said it needs the funds to purchase hardware to satisfy the $39 billion in orders it received in recent weeks for its advanced AI servers from more than 20 customers.

• The $7 billion offering includes common stock, depositary shares, and a $2 billion at-the-market program for common stock.

Background: Last month, Super Micro issued a strong revenue outlook for the current quarter.

Early Bird’s Nest Egg Gains: The market is not just seeing “more AI demand.” It is seeing how Super Micro is financing that demand, and that financing can hurt existing shareholders.

• The company is effectively saying it needs fresh equity to fund growth rather than being able to self-finance it cleanly.

Final Thoughts: Super ​Micro’s stock was up about 31% this year.

Escape Wall Street's Control Over Your Crypto

Wall Street hijacked the stock market 200 years ago. 

Now in 2026, they're coming for YOUR digital assets.

Bitcoin was supposed to be peer-to-peer. No banks. No middlemen.

Not anymore.

BlackRock owns more Bitcoin than most countries. 

Fidelity's ETF hit $10 billion. 

JPMorgan called Bitcoin a "fraud" — now they run billions in tokenized assets. 

They ARE crypto now.

Every time you hit "Buy" on Coinbase, you're trading at their prices that they've already positioned themselves for the biggest returns. You're fighting over scraps.

It's the 2008 playbook. 

Wall Street sold mortgage-backed securities to retail, then shorted them and made billions while people lost their homes.

But there's a way to operate outside their system.

Tan Gera, ex-Wall Street banker and CFA Charterholder, walked away after discovering their two-tier system. 

Now, his 35-person research team helps 3,000+ investors access opportunities before Wall Street marks them up 100x.

Click here to watch the free presentation now →

For educational purposes only. Results will vary. DM Intelligence LLC is not liable for losses.  

Notables

Notable Earnings Today: Oracle (NYSE: ORCL), Chewy (NYSE: CHWY), Stitch Fix (Nasdaq: SFIX), Navan (Nasdaq: NAVN), Oxford Industries (NYSE: OXM), Aethlon Medical (Nasdaq: AEMD), Anterix (Nasdaq: ATEX), Core & Main (NYSE: CNM), JJill (NYSE: JILL).

Notable IPOs Today: ERock, Inc. (NYSE: EROC), Trulieve Cannabis Corp. (NYSE: TRLV), Veraxa Biotech AG Ordinary Shares (Nasdaq: VRXA).

Notable Equity Crowdfunding Campaigns Ending Today: Long Beach Mushrooms (Honeycomb), The Drip Line Coffee (Honeycomb), Fierce Fitness (Honeycomb), JUGO FRESCO (Honeycomb).

Notable Economic Events Today: Consumer Price Index / Core CPI (8:30 a.m. ET), Crude Oil Inventories (10:30 a.m. ET), Federal Budget Balance (2:00 p.m. ET).

Cracker Barrel Raises Outlook

Gif by crackerbarrel on Giphy

Restaurant chain Cracker Barrel Old Country Store $CBRL ( ▼ 6.85% ) jumped 8.37% in after-hours trading on Tuesday after reporting good financial earnings results.

Financials: Cracker Barrel reported earnings of 29 cents per share in the past quarter and revenue of $797.4 million. Both were better than expected.

Powering the Story: Although revenue decreased 2.9% year-over-year, Cracker Barrel expects sales to pick up this year. It now projects revenue between $3.27 billion and $3.30 billion, up from the previous outlook of $3.24 billion to $3.27 billion.

Quote: “Our initiatives to improve operations, deepen guest connection, and enhance profitability continue to gain traction…” - CEO and President Julie Masino.

Final Thoughts: This adds to Cracker Barrel’s previously strong stock performance, which was up over 35% in 2026.

Casey’s General Stores Posts Good Results

Convenience store chain Casey’s General Stores $CASY ( ▼ 2.54% ) jumped 2.87% in after-hours trading on Tuesday after reporting good financial earnings results.

Financials: Casey’s reported earnings of $4.37 per share in the past quarter and revenue of $4.57 billion. Both were better than expected.

Final Thoughts: The stock was already up 36% this year.

Trends to Watch

New Guardrails: Kalshi Plans Workplace Disclosure Rule to Combat Insider Trading (Wall Street Journal)

Unpleasant Crypto Summer: Come back after the summer, says one analyst on crypto markets (CoinDesk)

Trouble: Social Security retirement trust fund will run dry in 2032 unless Congress acts (CNN)

Game-Changing AI Model: Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street (CNBC)

Pressure: ETH crash to $1K looms if key support breaks: Will futures traders step in? (Cointelegraph)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Together With

Today is Tuesday, June 9, 2026.

The Early Bird Index today is 88.26.

New to this newsletter? Sign up here

^{PRESENTED BY ITER OPUS}

Invest in the Future of Career Navigation and Hiring

The U.S. hiring market exceeds $254 billion annually, yet candidates and employers still rely on fragmented, résumé-driven systems that create hiring inefficiency, poor workforce visibility, and missed talent alignment opportunities.

Iter Opus is building Levii, a private Career Workforce Alignment System designed to address this large, inefficient market. Levii is designed to replace static résumés and high-volume job boards with a private, skills-based ecosystem that supports lifelong career alignment for individuals and evolving workforce needs for employers.

The platform is being built around two primary revenue streams: individual premium subscriptions and employer seat licenses, with current pricing modeled at $150 annually for individuals and $500 annually per employer seat.

Iter Opus estimates a TAM of more than $250 billion, a SAM of more than $12 billion, and a SOM of more than $600 million. Each year, 48 million Americans change jobs and more than 5.7 million graduates enter the workforce, creating a large recurring pool of individuals who need better career navigation and employer connections.

This raise will fund MVP launch, first employer pilots, and initial user acquisition. For investors, Levii represents a potential category play in career and workforce alignment, built for individuals, employers, and long-term workforce intelligence.

View the Iter Opus Wefunder Campaign

AI Factories Are Multiplying 🤖

The artificial intelligence infrastructure company Applied Digital $APLD ( ▲ 8.83% ) jumped 8.71% in after-hours trading on Monday after announcing a new data lease for its fifth “AI factory.”

Details: The new lease agreement is at Delta Forge 2, a purpose-built AI Factory campus located in a southern state. It covers 210 MW of critical IT load and represents $5.2 billion in base-term contracted revenue.

Quote: “We call it our franchise model — a core team of design, construction, and operations professionals replicated across every campus, in every market. Continued demand from leading hyperscalers across five campuses is strong validation of our model.” - CEO Wes Cummins.

Early Bird’s Nest Egg Gains: Applied Digital’s AI factory franchise model is attractive to investors because it turns data-center development into a repeatable, contract-backed growth machine rather than a one-off construction business. Investors get predictable cash flows and potential for a higher valuation multiple.

Final Thoughts: Shares of Applied Digital were already up about 45% this year.

Notables

Notable Earnings Today: Cracker Barrel (Nasdaq: CBRL), Academy Sports + Outdoors (Nasdaq: ASO), Casey's General (Nasdaq: CASY), United Natural Foods (NYSE: UNFI), J.M. Smucker (NYSE: SJM), Designer Brands (NYSE: DBI), Skillsoft (NYSE: SKIL), SailPoint (Nasdaq: SAIL), Suja Life (Nasdaq: SUJA), Bark (NYSE: BARK), Domo (Nasdaq: DOMO), Lakeland Industries (Nasdaq: LAKE), Lands’ End (Nasdaq: LE), Limoneira (Nasdaq: LMNR), Titan Machinery (Nasdaq: TITN), Uranium Energy Corp (NYSE American: UEC).

Notable IPOs Today: WhiteHawk Minerals Corp. (NYSE: WHK), Ocean Capital Acquisition Corporation (NYSE: OCAC), Bitzero Holdings Inc. Common Shares (Nasdaq: AIBZ), Eloxx Pharmaceuticals, Inc. Common Stock (Nasdaq: ELOX), Snow Rothschild Acquisition Corp. Units (ISNRU), Veraxa Biotech AG Ordinary Shares (Nasdaq: VRXA), Lannister Mining Corp. (NYSE American: DRIL).

Notable Equity Crowdfunding Campaigns Ending Today: Rise and Shine Coffee (Honeycomb).

Notable Economic Events Today: ADP Employment Change Weekly (8:15 a.m. ET), Trade Balance / Imports / Exports (8:30 a.m. ET), Existing Home Sales (10:00 a.m. ET), EIA Short-Term Energy Outlook (12:00 a.m. ET),  API Weekly Crude Oil Stock (4:30 p.m. ET).

Vail Resorts' Weather Troubles

Photo by Erol Ahmed on Unsplash

Vail Resorts $MTN ( ▲ 0.82% ) fell 4.53% in after-hours trading on Monday after reporting mixed financial earnings results.

Financials: Vail Resorts reported earnings of $8.81 per share in the past quarter, which were lower than expected. Revenue was $1.2 billion, which was better than expected.

Quote: “Weather conditions remained extremely unfavorable in the third quarter, adding to what had already been one of the most challenging winters in history…” - CEO Rob Katz.

Final Thoughts: Before these results, the stock was up about 9% in the past 30 days.

Mission Produce’s Mixed Results

Mission Produce $AVO ( ▼ 0.18% ) fell 5.43% in after-hours trading on Monday after the company posted mixed financial earnings results.

Financials: Mission Produce reported earnings of 1 cent per share, below expectations. Revenue was $290.9 million, which was better than expected.

Final Thoughts: The stock was already down 12% this year.

Trends to Watch

Another Big IPO: OpenAI files for IPO, the latest in a stream of possible AI mega-sales (CNN)

Lower Prices: Costco Quietly Slashed Prices on Chicken, Nuts and Other Kirkland Signature Items (People)

Blaming Others: Aave chief defends protocol's 'resilience' after $8.45 billion bank run (CoinDesk)

Big Accusation: Pentagon adds tech giant Alibaba, electric car maker BYD to Chinese military list (ABC News)

Ouch: Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks (Cointelegraph)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Brian Kostiuk on Unsplash

Today is Monday, June 8, 2026.

The Early Bird Index today is 85.83.

New to this newsletter? Sign up here

Nvidia's Memory Masterstroke 🤖

The memory pipeline for Nvidia $NVDA ( ▲ 3.54% ) just got a big boost. The technology giant announced a multiyear partnership with semiconductor supplier SK hynix on Sunday.

Details: Both companies will co-develop next-generation memory chips for advanced AI supercomputers, PCs, and robotics platforms.

• SK hynix will also use Nvidia’s AI and software tools to accelerate its chip design process and create digital factory models to automate manufacturing.

Background: Nvidia’s AI systems are increasingly constrained not just by GPUs, but by advanced memory availability.

Powering the Story: The partnership with SK hynix reinforces Nvidia’s ability to scale AI infrastructure demand into 2026 and 2027. It helps ensure that next-generation memory is designed in line with Nvidia’s roadmap, supporting launch readiness, volume ramp, and product performance.

Early Bird’s Nest Egg Gains: This lowers Nvidia’s supply risk for upcoming platforms like Vera Rubin, where memory availability can affect shipment timing and scale.

• It supports the case that Nvidia’s data-center growth can stay strong because its ecosystem partners are aligning capital spending and R&D with Nvidia’s demand curve.

• It also widens Nvidia’s influence beyond GPUs into memory, semiconductor design, and factory automation.

Final Thoughts: It hasn’t been a strong year for Nvidia. The stock is down about 3% in the last 30 days.

^{PRESENTED BY PERCENT}

Your Returns Shouldn't Depend on What the Market Does Tomorrow

Percent's private credit deals run on contracts: fixed coupon, defined term, collateral-backed. Current weighted average coupon is 16.72%,† with deal terms starting as short as 3 months.

$1.82B funded. 0.58% charge-off rate.† Monthly income potential.

New investors earn up to $500 on their first investment.

Explore private credit on Percent.

^{_{Alternative investments are speculative and possess a high level of risk. No assurance can be given that investors will receive a return of their capital. Those investors who cannot afford to lose their entire investment should not invest. Investments in private placements are highly illiquid and those investors who cannot hold an investment for an indefinite term should not invest. Private credit investments may be complex investments and they are subject to default risk. Secondary market transactions are subject to availability, matching of counterparties, and issuer approval; liquidity is not guaranteed. *Terms and conditions apply. †Past performance is not indicative of future results.}}

Notables

Notable Earnings Today: Vail Resorts (NYSE: MTN), The Campbell's Company (Nasdaq: CPB), Mission Produce (Nasdaq: AVO), Graham (NYSE: GHM), Duluth Holdings (Nasdaq: DLTH), FuelCell Energy (Nasdaq: FCEL), Gloo Holdings (Nasdaq: GLOO), Mama’s Creations (Nasdaq: MAMA), Motorcar Parts of America (Nasdaq: MPAA).

Notable IPOs Today: Fort Technology Inc. Common Shares (Nasdaq: FRTT), NewHold Investment Corp IV Class A Ordinary Shares (Nasdaq: NHIV).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today:  NY Fed 1-Year Consumer Inflation Expectations (11:00 a.m. ET).

Ethereum Gains After Bad Week

Photo by Deng Xiang on Unsplash

After losing roughly 15% of its value in the past week, the price of Ethereum $ETH ( ▲ 3.56% ) increased by about 6% on Sunday.

Details: Cryptocurrency is seeing a broad risk-on move, and Ethereum is being helped by strong spot demand plus institutional flow narratives. Ethereum’s role in stablecoins, DeFi, and tokenized assets keeps attracting attention whenever crypto sentiment improves.

Final Thoughts: Can Ethereum recover this month after a bad start to June?

Eli Lilly’s Latest Foundayo Clinical Results

On Sunday, pharmaceutical company Eli Lilly $LLY ( ▼ 0.32% ) announced clinical results showing that women with obesity or who were overweight and who took the highest dose of Foundayo experienced “significant” weight loss at every stage of menopause.

Final Thoughts: Eli Lilly’s stock is up about 16% in the last 30 days.

Trends to Watch

Slight Postponement: Airbus Notifies A321 Customers of Delays on Jets Due in 2028 (Bloomberg)

Subtle Order: Trump says Fed chair should ‘do whatever he wants’ but criticizes possible interest rate hikes (NBC News)

More Pain at the Pump: Oil prices rise after Iran fires missiles at Israel, escalating regional tensions (CNBC)

Symbolic Move: OPEC, Allies Pledge Oil-Output Hike Even as Middle East War Chokes Exports (Wall Street Journal)

Good Question: What happens to Bitcoin if the Nasdaq falls further? (Cointelegraph)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Early Bird Prime for June 7, 2026

SpaceX is about to launch the biggest IPO in the galaxy this June. And everyday investors have the option to buy it.

While the stock isn't public yet, the ARK Space & Defense Innovation ETF is already rocketing up 13.39% this year, proving that space tech is hot.

The company is set to go public with a valuation of around $1.75 trillion. That's trillion with a "T," folks. But before you start dreaming of buying your own private rocket, let's ask the million-dollar question: Just because you can buy SpaceX, does that mean you should?

The best reason to jump on this IPO fast is the belief that SpaceX can keep compounding at an extraordinary rate for years. If they can keep growing revenue at 30% or more while expanding margins, today's valuation might be defensible over the long haul.

However, critics are waving their red flags, claiming the IPO price is overvalued. You'd be paying a premium now rather than waiting for a better post-IPO price.

And let's not forget, SpaceX and similar IPOs may not behave like your average stocks for months. They could be choppy and unpredictable.

Should you buy SpaceX's IPO or should you avoid it? Here’s the answer…

Photo by P. L. on Unsplash

Today is Friday, June 5, 2026.

The Early Bird Index today is 92.02.

New to this newsletter? Sign up here

Lululemon's “Headwinds” 🧘

Concerns about the rest of the year overshadowed the financial results from Lululemon Athletica $LULU ( ▼ 2.16% ) on Thursday, sending the stock down 11.30% in after-hours trading.

Financials: Lululemon reported earnings of $1.69 per share in the past quarter and revenue of $2.47 billion. Both were better than expected.

Details: Overall sales in America fell 3%. The gross profit fell 3%. And income from operations plunged 37%

Powering the Story: To make matters worse, Lululemon’s financial outlook was also lower than expected. Lululemon anticipates a 3% to 2% sales decline in the current quarter, while also expecting full-year revenue to fall 1% to 0%.

Quote: “More recently, we have been navigating headwinds that have led us to adjust our outlook for the full year.” - Meghan Frank, CFO and Interim Co-CEO.

Early Bird’s Nest Egg Gains: Lululemon’s “headwinds” in 2026 appear to be a mix of demand, product, and cost pressures: softer U.S. sales, weaker product freshness, more competition, and tariffs raising expenses. 

• The company also cited negative brand commentary and poor product execution.

Final Thoughts: It’s been an ugly year for Lululemon, with the stock previously down 40%.

Get on the SpaceX IPO Notification List

SpaceX's IPO is coming, and when the official IPO filing drops, allocations will vanish fast.

Join our free notification list and we'll alert you the moment the filing hits — plus send our pre-IPO playbook covering backdoor plays you can buy today and expected valuation ranges.

Join the IPO List

Notables

Notable Earnings Today: ABM Industries (NYSE: ABM), G-III Apparel Group (Nasdaq: GIII).

Notable IPOs Today: WhiteHawk Minerals Corp. (NYSE: WHK), FutureCorp Space Acquisition 1 (NYSE: FTRA), Innovative Digital Investors Acquisition Corp. Unit (Nasdaq: IDIAU), Oceanhawk Acquisition Corp. Class A Ordinary Shares (Nasdaq: OHAC).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: Unemployment Rate (8:30 a.m. ET), Average Hourly Earnings (8:30 a.m. ET), Nonfarm Payrolls (8:30 a.m. ET), Labor Force Participation Rate (8:30 a.m. ET), Average Hourly Earnings (8:30 a.m.), Consumer Credit (3:00 p.m. ET).

Solana Plunges to 2023 Lows

Photo by GuerrillaBuzz on Unsplash

Most major cryptocurrency prices slipped a bit on Thursday, but it was Solana $SOL ( ▲ 4.01% ) that fared the worst with a decline of roughly 3%.

Details: Solana has lost 17% of its value since June started. It has fallen below $70 in value, Solana’s lowest price since late 2023.

Powering the Story: Solana is down in June mainly because of a broader crypto risk-off move, heavy liquidation pressure, and fresh outflows from Solana-related ETF (exchange-traded fund) products.

Bigger Picture: It’s not a Solana-specific network problem right now. This is more like a market structure and sentiment reset in crypto.

Final Thoughts: Solana is down about 45% in 2026. Broad crypto weakness has been a major challenge.

ServiceTitan’s Strong Results

Cloud-based software company ServiceTitan $TTAN ( ▲ 3.04% ) surged 14.89% in after-hours trading on Thursday after posting strong financial earnings results.

Financials: ServiceTitan reported earnings of 37 cents per share in the past quarter and revenue of $268.8 million. Both were better than expected.

Final Thoughts: It’s a comeback for ServiceTitan. The stock had previously dropped nearly 27% to start 2026.

Trends to Watch

Staying Put: SpaceX tells banks it won't move its $135-a-share IPO price (Reuters)

Trouble: Blackstone restricts flagship fund withdrawals as private asset fears reemerge (CNBC)

No Fast Track: Surprise! S&P will not change its rules to get SpaceX in early (Axios)

More Tech Layoffs: Google is quietly laying off staff in its cloud division (Business Insider)

Gloomy: 'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000 (CoinDesk)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Zach M on Unsplash

Today is Thursday, June 4, 2026.

The Early Bird Index today is 91.72.

New to this newsletter? Sign up here

Broadcom's AI Warning Sign ⚠️

Broadcom $AVGO ( ▲ 3.11% ) posted good financial results on Wednesday, but concerns about future AI margins caused the stock to plunge 13.78% in after-hours trading.

Financials: Broadcom reported earnings of $2.44 per share and revenue of $22.18 billion. Both were better than expected.

Powering the Story: The problem with the stock was the margin pressure and risk with the company’s full-year outlook, particularly if demand for AI chips slows.

Early Bird’s Nest Egg Gains: This was a warning about pricing perfection in AI stocks, not a warning that AI itself is broken. 

• While Broadcom still showed strong AI demand, the stock fell because investors saw margin compression, high expectations, and some customer-concentration risk in the AI backlog.

Final Thoughts: Shares of Broadcom were already up 37% in 2026.

The early signals Wall Street is watching

When a major IPO filing happens, the smart money is already positioned. Our SpaceX IPO 2026 Exclusive Briefing is designed to give you the roadmap before the public window closes.

We break down the verified signals that typically appear before a major filing—signals that most retail investors miss until it's too late. Inside this briefing, you'll discover what you can legally access before a company goes public and the specific positioning strategies serious investors evaluate before volatility begins.

Stop waiting for the news cycle to tell you what's happening. Learn the access paths most people don't know exist and prepare your portfolio now.

Get the exclusive briefing

Notables

Notable Earnings Today: Rubrik (NYSE: RBRK), Ciena (NYSE: CIEN), Lululemon Athletica (Nasdaq: LULU), Planet Labs (NYSE: PL), Caleres (NYSE: CAL), DocuSign (Nasdaq: DOCU), Wealthfront (Nasdaq: WLTH), Zumiez (Nasdaq: ZUMZ), Brown-Forman (NYSE: BF.B), Samsara (NYSE: IOT), Guidewire Software (NYSE: GWRE), Toro (NYSE: TTC), ServiceTitan (Nasdaq: TTAN), Cooper (Nasdaq: COO), Columbus McKinnon (Nasdaq: CMCO), Argan (NYSE: AGX) Concrete Plumbing Holdings (Nasdaq: BBCP), Orion Energy Systems (Nasdaq: OESX),  Quanex Building Products (NYSE: NX), X-Energy (Nasdaq: XE).

Notable IPOs Today: Safepoint Holdings, Inc. (NYSE: SFPT), Sunshine Silver Mining & Refining Company (NYSE: SSMR), Energy Transition Special Opportunities (NYSE: ETSS), INNIO N.V. Ordinary Shares (Nasdaq; INIO), InterPrivate Investment Partners V, Inc. Units (Nasdaq: IPVVU), Liftoff Mobile, Inc. Common Stock (Nasdaq: LFTO), Long Table Growth Corp. Units (Nasdaq: LTGRU), Peace Acquisition Corp Ordinary Shares (Nasdaq: PECE), Quantinuum Inc. Class A Common Stock (Nasdaq: QNT).

Notable Equity Crowdfunding Campaigns Ending Today: Hero Corp (Wefunder).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Nonfarm Productivity (8:30 a.m. ET), Unit Labor Costs (8:30 a.m. ET).

CrowdStrike's Higher Expenses

Photo by Jakub Żerdzicki on Unsplash

CrowdStrike's $CRWD ( ▲ 1.48% ) posted good financial results on Wednesday, but it wasn’t enough. The stock fell 11.21% in after-hours trading.

Financials: CrowdStrike reported earnings of $1.10 per share and revenue of $1.39 billion. Both were better than expected.

Powering the Story: The company's annual recurring revenue and cash flow were both good as usual, but investors seemed to be concerned with the company's rising operational expenses this year. Higher capital spending in tech can be an issue with investors.

Final Thoughts: With CrowdStrike previously up over 64% this year, the stock was bound to run into challenges.

Five Below’s Good Results Can’t Lift Stock

Despite posting good financial results on Wednesday, Five Below $FIVE ( ▼ 2.3% ) fell 12.51% in after-hours trading.

Financials: Five Below reported earnings of $2.22 per share and revenue of $1.3 billion. Both were better than expected.

Final Thoughts: With the stock already up 15% this year, investors were ready to take some profits off the table.

Trends to Watch

Cruel Bitcoin Summer: Bitcoin tanks below $63,000 for the first time since February as price selloff deepens (CoinDesk)

Optimistic: Ethereum Weakness May Be Final Phase Before Next Market Expansion (TradingView)

Coming in June: SpaceX targets $135 IPO price at valuation of $1.77 trillion (CNBC)

Making Every Drop Count: Google says it will replenish more water than it uses at data centers amid public pushback (9to5Google)

Falling: U.S. Crude Oil Stockpiles Post Sixth Straight Weekly Drop (Wall Street Journal)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Rapha Wilde on Unsplash

Today is Wednesday, June 3, 2026.

The Early Bird Index today is 92.03.

New to this newsletter? Sign up here

Bitcoin's Perfect Storm 📉

A series of bad events has caused Bitcoin $BTC ( ▲ 1.2% ) to fall 6% under $67,000 in value on Tuesday, losing all the gains the most popular cryptocurrency has made since March.

Details: Bitcoin is now down 23% this year. The price recovered in the spring as macroeconomic conditions improved, but it gradually lost momentum. In the past week, it has been down about 10%.

Powering the Story: Multiple factors have created pressure on Bitcoin. It is getting hit by a risk-off move: heavy long liquidations, fresh ETF outflows, and renewed geopolitical stress are all pressuring buyers at the same time.

• If things don’t get better soon, it could be a very cruel Bitcoin summer.

Early Bird’s Nest Egg Gains: Investors should be moderately worried, not panicked. The current move is not a structural break in Bitcoin’s long-term story, but the near-term setup still allows for more downside.

• If you’re a long-term holder, this is more of a stress test than a thesis killer.

Final Thoughts: And it’s not just Bitcoin that fell on Tuesday. Most major crypto prices are down by similar amounts in early June.

^{PRESENTED BY CASH APP}

Set it, forget it, and save for your goals

Make saving automatic with Cash App. Round up your spare change from every purchase, earn up to 3.25% interest, and transfer money between your balances whenever you want—all with no hidden fees or minimum balance requirements.

Make unlimited transfers between your Cash and Savings balances 


Keep your money safe with 24/7 fraud monitoring and built-in security features

Saving is easier with Cash App

Start saving with Cash App

^{_{Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See Terms & Conditions. Eligibility restrictions apply to some benefits. See Terms and Conditions for more information.}}

Notables

Notable Earnings Today: Broadcom (Nasdaq: AVGO), CrowdStrike (Nasdaq: CRWD), Medtronic (NYSE: MDT), Macy's (NYSE: M), PVH (NYSE: PVH), Five Below (Nasdaq: FIVE), C3.ai (NYSE: AI), Veeva Systems (NYSE: VEEV), Ollie’s Bargain Outlet (Nasdaq: OLLI), Petco Health and Wellness (Nasdaq: WOOF), MiniMed (Nasdaq: MMED), Descartes (Nasdaq: DSGX), Sprinklr (NYSE: CXM), Netskope (Nasdaq: NTSK), ChargePoint Holdings (NYSE: CHPT), Cognyte Software (Nasdaq: CGNT), Thor Industries (NYSE: THO), VersaBank (Nasdaq: VBNK).

Notable IPOs Today: Applied Aerospace & Defense, Inc. (NYSE: ADDX).

Notable Equity Crowdfunding Campaigns Ending Today: Hero Corp (Wefunder).

Notable Economic Events Today: ADP Nonfarm Employment Change (8:15 a.m. ET), S&P Global Services PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), ISM Non-Manufacturing Prices / PMI / Employment (10:00 a.m. ET), Factory Orders (10:00 a.m. ET), Crude Oil Inventories (10:30 a.m. ET), Fed Beige Book (2:00 p.m. ET).

Palo Alto Traders Sell Profits

Photo by FlyD on Unsplash

Despite posting good financial earnings on Tuesday, Palo Alto Networks $PANW ( ▲ 1.76% ) fell 3.17% in after-hours trading.

Financials: Palo Alto Networks reported earnings of 85 cents per share in the past quarter and revenue of $3 billion. Both were better than expected. 

Final Thoughts: Palo Alto Networks was already up 65% in 2026, so investors likely wanted to sell their profits.

Ulta Beauty’s Good Results

Ulta Beauty $ULTA ( ▲ 0.84% ) jumped 1.14% in after-hours trading on Tuesday after the chain of cosmetic stores posted good financial earnings results.

Financials: Ulta Beauty reported earnings of $7.74 per share in the past quarter and revenue of $3.16 billion. Both were better than expected.

Final Thoughts: The results were a relief for investors of Ulta Beauty. The stock was down 20% this year.

Trends to Watch

Liftoff: This space stock is rising as Blue Origin predicts quick recovery from big explosion (MarketWatch)

Massive IPO: SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say (Reuters)

Greedy Times: Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions (CNBC)

Chip Upgrade: Microsoft says new quantum chip 1,000 times more reliable than predecessor (BBC)

Supportive and Uplifting: Bra Sales Power Victoria’s Secret Turnaround and Shares Soar (Wall Street Journal)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by BoliviaInteligente on Unsplash

Today is Tuesday, June 2, 2026.

The Early Bird Index today is 90.95.

New to this newsletter? Sign up here

Google's $80B AI Power Move 🤖

Google parent Alphabet $GOOGL ( ▲ 2.69% ) dipped down 0.72% in after-hours trading on Monday after announcing plans to sell $80 billion in stock to fund its artificial intelligence aspirations.

Details: The funding will help Alphabet pay for new AI compute infrastructure as it seeks to meet new demand.

Also: Berkshire Hathaway $BRK.B ( ▲ 1.28% ) will invest $10 billion in the new stock offering.

Early Bird’s Nest Egg Gains: Investors were worried about the near-term cost or dilution, not that they dislike AI itself. The market appears to have focused on the scale of the capital raise and the pressure it could put on margins.

• Investors are increasingly sensitive to heavy AI capex, especially when it could weigh on profitability before benefits show up.

Final Thoughts: The AI trade has benefited Alphabet in 2026, with the stock up 19%.

Where to Invest $100,000 Right Now, According to Experts

Investors face a dilemma. When the S&P 500 finished its worst quarter since 2022 last month, diversifiers like bonds and bitcoin fell too.

Even with the turnaround in mid-April, analysts at Goldman Sachs and Vanguard have projected low-single-digit annualized returns from 2024-2034.

Bloomberg asked where experts would personally invest $100,000 for their March monthly edition.

One answer that surfaced for a second time? Art.

It's what billionaires like Bezos and the Rockefellers have privately used to diversify for decades.

Why?

1. Appreciation. The ArtPrice100 Index outpaced the S&P 500 overall from 2000 to 2025

2. Low-correlation. The postwar contemporary segment has moved independently of traditional investments like stocks since ‘95.*

3. Resilience. A scarce, physical, and global asset class with decades of demonstrated demand.

Thanks to the world's premier art investing platform, now anyone can invest in works featuring legends like Banksy, Basquiat, and Picasso, without needing millions.

Shares in new offerings can sell quickly but...

Our subscribers skip their waitlist*

^{*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.}

Notables

Notable Earnings Today: Dollar General (NYSE: DG), Palo Alto Networks (Nasdaq: PANW), GitLab (Nasdaq: GTLB), Victoria's Secret (NYSE: VSCO), Ulta Beauty (Nasdaq: ULTA), Signet Jewelers (NYSE: SIG), Hello Group (Nasdaq: MOMO), ODDITY Tech (Nasdaq: ODD), Yesway (Nasdaq: YSWY), Donaldson Company (NYSE: DCI), Petmed Express (Nasdaq: PETS), Pics NV (Nasdaq: PICS), Sportsman's Warehouse Holdings (Nasdaq: SPWH), UP Fintech (Nasdaq: TIGR), Yext (NYSE: YEXT).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Tweedy & Fluff (Crowdcube).

Notable Economic Events Today: JOLTS Job Openings (10:00 a.m. ET).

HPE's Data Center Revenue

Photo by Kevin Ache on Unsplash

Hewlett Packard Enterprise $HPE ( ▲ 1.77% ) surged 28.04% in after-hours trading on Monday after reporting strong financial earnings results.

Financials: HPE reported earnings of 79 cents per share in the past quarter and revenue of $10.7 billion. Both were better than expected.

Powering the Story: Revenue increased by 40% year-over-year, driven by a 233.3% jump in revenue for data center networking. HPE also increased its financial outlook for the full year and added a fiscal 2027 financial growth framework.

Quote: “HPE delivered an exceptional quarter with record-breaking revenue, higher-than-anticipated profitability, and increased free cash flow, reflecting strong execution and healthy demand across the business. Customers continue to invest in modernizing their infrastructure and scaling AI”. - Antonio Neri, president and CEO.

Final Thoughts: HPE, previously up 94% in 2026, has become a darling of investors in the past year as more companies build out their infrastructure in the AI age.

Bitcoin’s Rough June Start

Bitcoin $BTC ( ▲ 1.2% ) had a challenging first day in June, with the price declining about 3%.

Details: Risk appetite is weak. There’s still geopolitical uncertainty around the U.S.–Iran situation, higher oil prices, ETF (exchange-traded funds) outflows, and broader macro uncertainty weighing on cryptocurrency.

Background: Bitcoin’s price has already suffered under these rough macro conditions, and is down nearly 19% in 2026.

Final Thoughts: Bitcoin’s immediate future seems to be tied directly to geopolitical headlines. 

Trends to Watch

Your Move, OpenAI: Anthropic files to go public in a potentially trillion-dollar debut (CNN)

Dining Out With Friends Just Got Easier: Apple Readies Feature to Split Bills by Taking Photo of a Receipt (Bloomberg)

No Contract, No Axles: UAW union strike threatens General Motors truck production (CNBC)

Tough Crypto Week: Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows (CoinDesk)

Another Gamble: Diller Plans a Takeover Bid for MGM Resorts (New York Times)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Milad Fakurian on Unsplash

Today is Monday, June 1, 2026.

The Early Bird Index today is 90.91.

New to this newsletter? Sign up here

The AI Chip Loophole Is Over 🚨

A blockbuster geopolitical guidance was issued on Sunday, one that could potentially impact Nvidia $NVDA ( ▲ 3.54% ) and AMD $AMD ( ▲ 6.98% ) going forward.

Details: The United States Department of Commerce announced plans to close a potential loophole that allowed the export of artificial intelligence chips to Chinese-headquartered companies with subsidiaries located outside China. 

Background: The U.S. government enforces strict controls and export bans on advanced AI chips to China, including chips from Nvidia and AMD. This new guidance would extend those controls to Chinese entities with operations located outside China.

Early Bird’s Nest Egg Gains: For Nvidia and AMD, this new guidance likely means fewer chip shipments to China-linked buyers outside China, more licensing friction and possible shipment delays, and less leakage of top-end accelerators into Chinese AI buildouts.

• Nvidia is more exposed because it has a larger AI chip franchise, and the most valuable high-end parts appear to be in scope.

• AMD is also exposed, but usually less so than Nvidia because its AI accelerator business is smaller and the market’s expectations are lower.

Final Thoughts: While Nvidia’s stock is up 11% this year, AMD’s stock has surged by 130%.

^{PRESENTED BY BLINKLAB}

Could a Smartphone Help Diagnose Autism?

BlinkLab Limited (ASX: BB1) is developing an AI-powered smartphone platform designed to help clinicians diagnose autism faster and more objectively.

📱 Right now, autism diagnosis can take years, cost thousands of dollars, and requires access to a limited number of specialists. BlinkLab's technology uses a smartphone camera to analyze tiny facial reflexes, eye movements, and behavioral responses that may serve as digital biomarkers for autism.

📊 In a 485-patient U.S. pilot study, BlinkLab reported:
• 83.7% sensitivity
• 84.7% specificity

Both results exceeded the FDA's minimum clearance benchmark of 65%, according to the company.

🏥 The company has now launched its FDA 510(k) pivotal study across 10 leading U.S. autism research centers, with FDA submission targeted for Q4 2026.

🌎 BlinkLab was also selected for a Moroccan government-backed autism screening initiative that aims to reach up to 600,000 children annually across 3,000 centers.

🧠 Backed by an exclusive Princeton University IP license, BlinkLab is developing what could become a scalable digital diagnostic platform for autism, ADHD, and other neurological conditions.

👉 With a pivotal FDA trial underway and several major milestones ahead, BlinkLab is a health-tech company worth following as it works to modernize autism diagnosis.

^{_{This content was produced on behalf of BlinkLab Limited ( BB1) and sponsored by the company. The influencer was compensated by Cashu Group to create this content. This is not financial advice, and viewers are encouraged to consult a financial professional before making investment decisions. Investing in companies involves significant risks, and past performance does not guarantee future results. Please do your own research.}}

Notables

Notable Earnings Today: Hewlett Packard Enterprise (NYSE: HPE), Science Applications (Nasdaq: SAIC), Credo Technology Group (Nasdaq: CRDO).

Notable IPOs Today: Liberty Latin America Ltd Class A Common Stock Ex-Distribution When Issued (Nasdaq: LILAV), Liberty Latin America Ltd Class C Common Stock Ex-Distribution When Issued (Nasdaq: LILKV).

Notable Equity Crowdfunding Campaigns Ending Today: Tatleaux - NJ Community Solar (Honeycomb), Creature Comforts ADK (Honeycomb).

Notable Economic Events Today: S&P Global Manufacturing PMI (9:45 a.m. ET), ISM Manufacturing PMI / Prices / Employment (10:00 a.m. ET), Construction Spending (10:00 a.m. ET).

Hyperliquid's Strong May

Photo by Shubham Dhage on Unsplash

As most major cryptocurrency prices fell in May, Hyperliquid $HYPE ( ▲ 5.52% ) experienced a strong price boost. On Sunday, Hyperliquid gained another 5%.

Details: Hyperliquid is up 17% in the past week and up 76% in May.

Powering the Story: The token’s price was being pulled up by a very powerful demand loop: real exchange revenue, aggressive protocol buybacks, and fresh institutional buying through new spot HYPE products.

Final Thoughts: Hyperliquid is one of the few major cryptos to go up in price in 2026.

Johnson & Johnson's Prostate Cancer Drug Results

On Sunday, Johnson & Johnson $JNJ ( ▼ 2.16% ) reported that its prostate cancer drug, Erleada, produced good results in phase 3 trials.

Details: Patients given the drug for six months before and after prostate cancer surgery showed improved outcomes.

Final Thoughts: Johnson & Johnson’s stock is up 8.67% this year.

Trends to Watch

Waiting on a Big Week: Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data (Bloomberg)

Flight or Flight Mode: United Airlines flight to Spain pulls U-turn, apparently over Bluetooth device name (NPR)

First Takeover Since Buffett’s Exit: Berkshire Hathaway to buy Taylor Morrison for $8.5 billion in housing push (CNNC)

Mandate Debate: This $50,000 Safety Fix Is Dividing the Aviation Industry and Washington (Wall Street Journal)

Late May Slump: Bitcoin preps 3% May downside, but US PMI data may boost BTC price (Cointelegraph)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Early Bird Prime for May 31, 2026

In the stock market, BlackBerry $BB ( ▲ 0.54% ) has emerged as the surprise sensation of 2026. Yes, you read that right: BlackBerry, the company that once made phones with keyboards that were the envy of every thumb-typer, is back in the spotlight. With its stock up a jaw-dropping 136.84%, it's hitting levels not seen since the meme stock mania of 2021. 

BlackBerry's resurgence can be attributed to a cocktail of factors. The company's QNX operating system, which is apparently the secret sauce behind everything from autonomous cars to smart toasters, is seeing massive adoption. Add to that some expanded partnerships and a hyped-up financial turnaround, and you've got a recipe for stock market success. Investors are now tying BlackBerry to the fast-growing AI infrastructure craze and the physical AI era.

But hold on, because this rally might not continue at the same breakneck pace. The stock is no longer the bargain-bin special it once was, and on some valuation metrics, it can be pricey.

BlackBerry has been moving fast, which is both exciting and terrifying. The stock has seen a strong run-up, a buyback announcement, and sharp swings that seem more tied to headlines than fundamentals. It’s a rollercoaster ride of high volatility.

Adding to the drama, the broader analyst and target-price picture isn't exactly screaming "buy me now!" While some analysts are cautiously optimistic, others are still sitting on the fence and waiting for more clarity. 

Should you buy BlackBerry's stock right now in 2026, or should you avoid it? Here’s the answer…

Photo by Roman Budnikov on Unsplash

Today is Friday, May 29, 2026.

The Early Bird Index today is 90.78.

New to this newsletter? Sign up here

Dell's $60B AI Server Bet 🤖

Dell Technologies $DELL ( ▲ 3.41% ) surged 39.09% in after-hours trading on Thursday after posting strong financial earnings results powered by its artificial intelligence business.

Financials: Dell reported earnings of $4.86 per share in the past quarter and revenue of $43.8 billion. Both were better than expected.

Details: Revenue skyrocketed 88%, including a 92% increase in the traditional servers and networking business.

Powering the Story: Revenue for AI-optimized servers surged 757% (wow!), and Dell expects more growth throughout the year.

Quote: “We’re increasing our AI server revenue expectations for FY27 to $60 billion, which only goes to show the AI opportunity shows no signs of slowing.” - COO Jeff Clarke.

Early Bird’s Nest Egg Gains: Dell’s AI server sales are strong because it has become a major supplier of the hardware stack customers need to build and run AI workloads. It has a large backlog of AI server orders and a growing pipeline of enterprise and cloud deals.

Final Thoughts: The good times for Dell continue. Dell’s stock was already up 148% this year.

Follow the $50 Billion Buy-In

Wall Street just bet billions on a small collection of stocks.

And after a volatile first half of 2026, it looks like they’re about to shift even more.

MarketBeat’s updated 10 Best Stocks to Own in 2026 report reveals the 10 names attracting fresh capital right now.

Send My Free Report

Notables

Notable Earnings Today: BitFuFu (Nasdaq: FUFU), Buckle (NYSE: BKE).

Notable IPOs Today: Deep Fission, Inc. Common Stock (Nasdaq: FISN), Palatin Technologies, Inc. Common Stock (Nasdaq: PTN), Quhuo Limited American Depository Shares (Nasdaq: QH), ARC Group Acquisition I Corp Class A Ordinary Shares (Nasdaq: ARCL), Innovative Digital Investors Acquisition Corp. Unit (Nasdaq: IDIAU), Tribeca Strategic Acquisition Corp. Unit (Nasdaq: BIDWU).

Notable Equity Crowdfunding Campaigns Ending Today: Destination Athlete (Honeycomb).

Notable Economic Events Today: Goods Trade Balance (8:30 a.m. ET), Retail Inventories Excluding Autos (8:30 a.m. ET), Chicago PMI (8:30 a.m. ET).

Gap Slashes Sales Outlook

Photo by lan deng on Unsplash

Mixed financial earnings results for Gap $GAP ( ▲ 0.96% ) caused the clothing and accessories retailer to plunge 14.56% in after-hours trading on Thursday.

Financials: Gap reported earnings of 38 cents per share in the past quarter, which were in-line. Revenue reached $3.5 billion, which was lower than expected.

Powering the Story: Weaker-than-expected sales at Old Navy hit the company’s revenue. On Thursday, Gap cut its 2026 sales outlook, outlining growth of just 1% to 2% instead of 2% to 3%.

Final Thoughts: Gap’s stock has been flat most of the year.

American Eagle’s Comp Sales

Despite posting good financial earnings results on Thursday, American Eagle Outfitters $AEO ( ▼ 1.76% ) nosedived by 12.12% in after-hours trading.

Financials: American Eagle reported earnings of 14 cents per share in the past quarter and revenue of $1.2 billion. Both were better than expected.

Powering the Story: Comparable sales for the American Eagle brand fell 2%.

Final Thoughts: American Eagle’s stock was already down 32% this year.

Trends to Watch

Coming to the Public Markets Soon: Anthropic raises $65 billion, nears $1T valuation ahead of IPO (TechCrunch)

Surging Investor Demand: Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain traction (CoinDesk)

Big Bet: Billionaire businessman Tilman Fertitta to acquire Caesars in $17.6B deal (Las Vegas Review-Journal)

Bulls Exiting: Solana open interest drops 30% as altcoins slump: Is $68 SOL next? (Cointelegraph)

So Much Gas: Costco sells 'record-breaking' amounts of gas as fuel costs soar amid US-Iran war (Yahoo! Finance)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Woliul Hasan on Unsplash

Today is Thursday, May 28, 2026.

The Early Bird Index today is 89.44.

New to this newsletter? Sign up here

AWS Just Bet $6B on Snowflake ❄️

Data platform Snowflake $SNOW ( ▲ 3.44% ) surged 37.51% in after-hours trading on Wednesday after reporting strong financial earnings results and an expanded tech partnership.

Financials: Snowflake reported earnings of 39 cents per share in the past quarter and revenue of $1.39 billion. Both were better than expected.

Quote: “AI continues to be a powerful tailwind for Snowflake.” - CEO Sridhar Ramaswamy.

Powering the Story: Also on Wednesday, Snowflake expanded its partnership with Amazon $AMZN ( ▲ 3.13% ) by committing to spending $6 billion with AWS over multiple years.

Early Bird’s Nest Egg Gains: The $6 billion AWS commitment is proof that demand is accelerating, especially for AI, and it’s a powerful endorsement from AWS.

Final Thoughts: These results were a reward for Snowflake investors who stuck around after the stock lost 19% of its value in early 2026.

Defense Spending Is Surging. Here's Where It's Going.

Global defense budgets are expanding, but the allocation has changed. A growing share of spending is going toward AI-enabled systems, satellite networks, and advanced aerospace, not the platforms that dominated the last generation of procurement. We identified five companies at the center of this reallocation in a single research brief. Inside, you'll find the investment case for each, the contracts driving revenue, and the risks worth understanding before you commit capital. If you want exposure to defense sector growth beyond the traditional mega-caps, this report is a practical starting point. Free, concise, and built for investors who want to move ahead of the crowd.

Read the report

Notables

Notable Earnings Today: Dollar Tree (Nasdaq: DLTR), Dell (NYSE: DELL), MongoDB (Nasdaq: MDB), Costco (Nasdaq: COST), Kohl's (NYSE: KSS), NetApp (Nasdaq: NTAP), Gap (NYSE: GAP), Autodesk (Nasdaq: ADSK), American Eagle (NYSE: AEO), Asana (NYSE: ASAN), Li Auto (Nasdaq: LI), Best Buy (NYSE: BBY), Photronics (Nasdaq: PLAB), UiPath (NYSE: PATH), Hormel Foods (NYSE: HRL), Burlington Stores (NYSE: BURL), Weibo (Nasdaq: WB), SentinelOne (NYSE: S), Okta (Nasdaq: OKTA), CIBC (NYSE: CM), Elastic (NYSE: ESTC), Ambarella (Nasdaq: AMBA), Arbe Robotics (Nasdaq: ARBE), Autohome (NYSE: ATHM), Futu Holdings (Nasdaq: FUTU), HealthEquity (Nasdaq: HQY), PagerDuty (NYSE: PD), Royal Bank of Canada (NYSE: RY), Toronto-Dominion Bank (NYSE: TD), XPeng (NYSE: XPEV).

Notable IPOs Today: Apogee Acquisition Corp Class A Ordinary Shares (Nasdaq: AACP), Innovative Digital Investors Acquisition Corp. Unit (Nasdaq: IDIAU), ACP Holdings Acquisition Corp. Class A Ordinary Shares (Nasdaq: ACGC).

Notable Equity Crowdfunding Campaigns Ending Today: Auraluminous (Honeycomb), Anime Night (Honeycomb).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), GDP (8:30 a.m. ET), Durable Goods Orders (8:30 a.m. ET), Core PCE Price Index / PCE Price Index (8:30 a.m. ET), Personal Spending (8:30 a.m. ET), New Home Sales (10:00 a.m. ET), Crude Oil Inventories (10:30 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

Salesforce's Mixed Outlook

Gif by salesforce on Giphy

Despite posting good financial earnings results on Wednesday, Salesforce $CRM ( ▼ 0.81% ) fell 1.23% in after-hours trading.

Financials: Salesforce reported earnings of $3.88 per share in the past quarter and revenue of $11.1 billion. Both were better than expected.

Powering the Story: While the company raised its full-year outlook, investors were not pleased with the current quarter outlook.

Final Thoughts: Salesforce is down over 30% this year.

Marvell Beats, But the Stock Falls

Marvell Technology $MRVL ( ▲ 10.43% ) fell 1.39% in after-hours trading on Wednesday, even though the company posted good financial earnings results.

Financials: Marvell reported earnings of 80 cents per share in the past quarter and revenue of $2.418 billion. Both were better than expected

Final Thoughts: The stock was already up 122% in 2026.

Trends to Watch

Robots Picking Stocks: Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too (CNBC)

Paying for Social Media: Meta launches Instagram, Facebook, and WhatsApp subscriptions, with more to come, including AI plans (TechCrunch)

No Liftoff: SpaceX’s Starship rockets are grounded pending investigation after test flight (Associated Press)

Under Pressure: Ether bears at risk of $2B squeeze as short positions build around $2K (Cointelegraph)

Stable Life: Cash App lets users send USDC stablecoins on chains like Solana and Ethereum (The Block)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Today is Wednesday, May 27, 2026.

The Early Bird Index today is 89.24.

New to this newsletter? Sign up here

What Went Wrong at Zscaler? 🤔

Strong financial earnings results should have boosted Zscaler’s $ZS ( ▲ 0.7% ) stock in after-hours trading on Tuesday. Instead, the cloud security company plunged 20.78%.

Financials: Zscaler reported earnings of $1.08 per share in the past quarter and revenue of $850.5 million. Both were better than expected.

Quote: “ARR grew 25%, or 21%, excluding the contribution from the Red Canary acquisition, and non-GAAP operating margin reached an all-time high of 23%.” - CFO Kevin Rubin.

Outlook: The issue with the results was the outlook. Zscaler expects revenue of $875 million to $878 million for the current quarter, which was lower than expected. The full-year free cash flow margin of 22.8% to 23.3% is also lower than the company’s prior projection due to capital expenditures.

Early Bird’s Nest Egg Gains: The future revenue did not look strong enough to justify the stock’s valuation, so investors treated it as a “good quarter, weak setup” reaction. Investors saw future revenue as the key signal for future growth, and the miss there overshadowed the beat on current-period results.

Final Thoughts: Zscaler’s stock was already down 16.31% this year.

Stop Losing Your Money. It's time to upgrade your trading platform.

Your current trading platform is probably letting you down

• Limited assets (no international stocks, no commodities, no pre-IPO companies)

• Limited ability to short

• Limited access to leverage

• Limited trading hours

Liquid is one of the fastest growing trading platforms, allowing users to trade stocks, commodities, FX, and more 24/7/365 from their phone and computer.

Trading on Liquid is as simple as:

1. Pick an asset

2. Pick long or short

3. Pick your position size and leverage

4. Place your trade

The best part is that Liquid markets never close. So no matter what is going on in the world, you are able to keep your portfolio positioned properly.

Start trading 24/7 today

Notables

Notable Earnings Today: Salesforce (NYSE: CRM), Dick's Sporting Goods (NYSE: DKS), Marvell Technology (Nasdaq: MRVL), Snowflake (NYSE: SNOW), HP Inc. (NYSE: HPQ), Bath & Body Works (NYSE: BBWI), Synopsys (Nasdaq: SNPS), Abercrombie & Fitch (NYSE: ANF), Nutanix (Nasdaq: NTNX), Agilent (NYSE: A), HEICO (NYSE: HEI), Capri Holdings (NYSE: CPRI), Dycom (HYSE: DY), Everpure (NYSE: P), nCino (Nasdaq: NCNO), Bank of Montreal (NYSE: BMO), Braze (Nasdaq: BRZE), American Superconductor (Nasdaq: AMSC), Mediwound (Nasdaq; MDWD), Monro Muffler (Nasdaq: MNRO), PDD Holdings (Nasdaq: PDD), Phreesia (NYSE: PHR), Sound Point Meridian Capital (NYSE: SPMC).

Notable IPOs Today: Disciplined Growth Acquisition Corporation (NYSE: DGAC), Powerlaw Corp. Common Stock (Nasdaq: PWRL).

Notable Equity Crowdfunding Campaigns Ending Today: Blueberry (Republic), The Marketplace and Tacos by Lotería Grill (Honeycomb), Favela (Crowdcube).

Notable Economic Events Today: ADP Employment Change Weekly (8:15 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).

Digital Turbine's Key Factors

Photo by Denise Chan on Unsplash

Digital Turbine $APPS ( ▲ 0.72% ) surged 17.52% in after-hours trading on Tuesday after the ad-tech and mobile software company posted strong financial earnings results.

Financials: Digital Turbine reported earnings of 16 cents per share in the past quarter and revenue of $142.5 million. Both were better than expected.

Quote: “One of the key factors for our markedly improved performance has been our ability to more effectively utilize our unique first-party data in order to drive better results for our rapidly expanding global network of advertisers, publishers, carriers and OEMs.” - CEO Bill Stone.

Also: The company raised its full-year outlook. It expects revenue between $630 million and $650 million.

Final Thoughts: Digital Turbine’s stock is finally showing signs of life after starting 2026 with very little gain.

Hyperliquid Falls After Big Gains

The price of the popular blockchain Hyperliquid $HYPE ( ▲ 5.52% ) fell about 2% on Tuesday after recent gains, suggesting that investors were ready to sell some profits.

Final Thoughts: Hyperliquid is up 24% in the past week and 40% in the past 30 days.

Trends to Watch

Proxy Truce: Lululemon nears deal to settle proxy war with founder Chip Wilson (Reuters)

$1 Trillion Success Story: Micron’s stock reaches a major milestone as UBS slaps on an out-of-sight price target (MarketWatch)

Uh-Oh: CDC asks staff to volunteer to help with Ebola screenings at airports amid DRC outbreak (ABC News)

Auto-Bad: AutoZone stock has worst day in four years, despite retailer beating Wall Street estimates (CNBC)

Ethereum Goals: Tom Lee's BitMine Makes Biggest Ethereum Buy Yet in 2026 (Decrypt)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Photo by Michael Förtsch on Unsplash

Today is Tuesday, May 26, 2026.

The Early Bird Index today is 87.43.

New to this newsletter? Sign up here

Why Bitcoin Is Going Nowhere 📉

Monday’s Bitcoin $BTC ( ▲ 1.2% ) performance perfectly encapsulates the range-bound value since the start of May - flat and going nowhere.

Background: The price of Bitcoin is down about 11% this year. It’s recovered since dropping to $63,000 in February, but it hasn’t returned to its early-2026 high of $96,000.

Details: In May, Bitcoin’s price has been stuck around $76,000.

Early Bird’s Nest Egg Gains: The main marginal buyers and sellers have been offsetting each other in May: spot Bitcoin ETF (exchange-traded fund) flows have not provided a strong new demand impulse, while macro conditions and risk appetite have kept pressure on speculative assets like Bitcoin.

• The market is waiting for a catalyst. In Bitcoin’s case, that catalyst has not been strong enough to overpower supply from profit-taking and distribution.

• Bitcoin has been stuck because demand is strong enough to prevent a breakdown but not strong enough to trigger a breakout.

Final Thoughts: Most prices for other major cryptocurrencies were also flat on Monday. 

Trade Real-World Events. Get $10 Free.

Start trading real-world events. With Kalshi, you can trade on things you already follow: inflation, elections, sports, and more. It’s simple: buy “Yes” or “No” shares on what you think will happen, and earn returns if you’re right.

To get you started, we’re giving you a free $10. Use it to explore the platform, test your instincts, and see how prediction markets work in real time.

Join thousands already trading the news and putting their knowledge to work.

Claim your $10 and start trading now.

Put $10 to Work

_{Trade responsibly.}

Notables

Notable Earnings Today: Zscaler (Nasdaq: ZS), AutoZone (NYSE: AZO), Sociedad Quimica y Minera (NYSE: SQM), Box (NYSE: BOX), Champion Homes (NYSE: SKY), CSW Industrials (NYSE: CSW), Modine Manufacturing (NYSE: MOD), Semtech (Nasdaq: SMTC), Banco Bbva Argentina SA (NYSE: BBAR), Digital Turbine (Nasdaq: APPS), Freightos (Nasdaq: CRGO), Ooma (NYSE: OOMA), Pony AI (Nasdaq: PONY), Qfin Holdings (Nasdaq: QFIN), VNET Global (Nasdaq: VNET).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: S&P Cotality Case-Shiller U.S. National Home Price Index (9:00 a.m. ET), CB Consumer Confidence (10:00 a.m. ET).

Ferrari's Fully Electric Car

Photo by Joey Banks on Unsplash

On Monday, Ferrari NV $RACE ( ▲ 3.99% ) unveiled its first fully electric car called Luce, a milestone for the luxury sports car company.

Details: It’s a five-seat car that was designed by Sir Jony Ive and Marc Newson.

Powering the Story: Ferrari has built its identity around combustion-engine performance, so an all-electric Ferrari is a symbolic and strategic milestone.

Stock Price: Shares of Ferrari are down 6.36% this year.

Final Thoughts: Also on Monday, Ferrari said it completed part of its scheduled stock buyback program already.

Eli Lilly’s Positive Results

Pharmaceutical company Eli Lilly $LLY ( ▼ 0.32% ) announced positive Phase 1b results for its new base editing therapy drug, VERVE-201, on Monday.

Details: The company is planning to conduct phase 2 by the end of 2026.

Final Thoughts: Eli Lilly’s stock is in the red this year, although the price is up over 22% in the past 30 days.

Trends to Watch

The Price of AI: These AI Gurus Are Charging Wall Street Banks $25,000 a Day (Bloomberg)

Predict This: When are prediction markets most helpful? Evercore ISI has a formula (CNBC)

Ignoring Red Flags: SpaceX’s IPO Is a Bet Gravity Doesn’t Apply to Elon Musk (Wall Street Journal)

Here to Stay: Bond traders are surrendering to inflation fears. It's raising the stakes for Washington (Quartz)

Big Rally: NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump (CoinDesk)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}

Early Bird Prime for May 24, 2026

It’s been a year that Kyndryl Holdings $KD ( ▼ 1.11% ) would probably like to forget. The IT infrastructure services provider has seen its stock plummet by a staggering 51.79%.

Just a few days ago, Susquehanna analysts downgraded the stock to Neutral from Positive. They also slashed the price target to $13 from $16. The firm cited three consecutive quarters of declining contract signings, execution challenges, and the ongoing saga of separating client attrition from its former parent company, IBM $IBM ( ▼ 1.3% ) . Kyndryl spun off from IBM in 2021, and it is down nearly 70% since going public.

But consider this: with the stock down so much, it might just be the perfect time to snag a tech stock at a bargain price. 

Kyndryl reported $1.9 billion in hyperscaler-related revenue in fiscal 2026, up 59% year over year. This suggests that Kyndryl is gaining leverage from cloud partnerships and AI-adjacent demand.

Some bullish write-ups argue that Kyndryl’s stock is being valued like a low-quality legacy IT services business, even as the underlying economics improve. This creates a classic contrarian setup.

Should you buy Kyndryl’s stock right now in 2026, or avoid it? Here’s the answer…

Photo by Sean Pollock on Unsplash

Today is Friday, May 22, 2026.

The Early Bird Index today is 87.01.

New to this newsletter? Sign up here

Workday Raises the Bar 📈

Workday $WDAY ( ▼ 0.92% ) surged 11.06% in after-hours trading on Thursday after the enterprise software company posted strong financial earnings results.

Financials: Workday reported earnings of $2.66 per share in the past quarter and revenue of $2.542 billion. Both were better than expected.

Details: Revenue increased 13.5% year-over-year, including a 14.3% increase in subscription revenue.

Powering the Story: On Thursday, Workday raised its full-year non-GAAP operating margin outlook to 30.5%.

Early Bird’s Nest Egg Gains: Workday is in good shape because its core subscription business is still growing well, backlog is rising, and cash generation is strong, while management has also been able to run the company more efficiently.

• The biggest reason is that demand for Workday’s HR and finance platform remains resilient, even in a tighter IT spending environment.

Final Thoughts: It was about time Workday’s stock got some support. It had been down 40% this year.

Q1 2026: $20.8B in BDC Redemption Requests. 0.44% Lifetime Net Loss Rate on Percent.

In Q1 2026, the non-traded BDC market hit $20.8B in redemption requests — most investors received roughly half of what they asked for. Moody's revised the U.S. BDC sector outlook to Negative. Investors who thought they owned liquid private credit found out their fund manager decided whether they could get out.

On Percent's marketplace that same quarter: new issuances, scheduled payments, and a 0.44% lifetime net loss rate on asset-based deals that's held since inception.†

The difference is structural. BDCs often own concentrated corporate loans with quarterly redemption windows that close at the manager's discretion. Percent finances specialty lenders against pools of performing receivables — diversified, overcollateralized, short duration.

Track record through 3/31/26:†

• 14.6% net ABS returns LTM after losses

• 0.44% lifetime net loss rate since inception (asset-based deals)

• $1.62B+ in ABS originations

• 870+ offerings completed

• Deal terms 6–24 months · Starting at $500

See what private credit built for individual investors looks like.

^{Alternative investments are speculative. No assurance can be given that investors will receive a return of their capital. Secondary market transactions are subject to availability and issuer approval; liquidity is not guaranteed. †Past performance is not indicative of future results. Terms apply.}

Notables

Notable Earnings Today: Booz Allen Hamilton (NYSE: BAH), BJ's Wholesale (NYSE: BJ), Global Ship Lease (NYSE: GSL).

Notable IPOs Today: Shreya Acquisition Group (NYSE: SAGU), Federal Agricultural Mortgage Corporation (NYSE: AGM), Disciplined Growth Acquisition Corporation (NYSE: DGAC), FortuneX Acquisition Corporation Units (Nasdaq: FXACU), Peace Acquisition Corp Units (Nasdaq: PECEU).

Notable Equity Crowdfunding Campaigns Ending Today: EcoSave Technologies (Wefunder), Harding House Brewing Co (Honeycomb).

Notable Economic Events Today: Michigan Consumer Expectations / Sentiment (10:00 a.m. ET), U.S. Leading Index (10:00 a.m. ET).

Estée Lauder Ends Merger Talks

Photo by Christine Zhang on Unsplash

Shares of Estée Lauder Companies $EL ( ▲ 0.36% ) surged 10.62% in after-hours trading on Thursday after announcing that it is ending discussions with Puig about a possible merger.

Background: Estée Lauder said on March 23 that it was in discussions with Puig regarding a potential business combination.

Quote: “Today, we are reiterating our confidence in the power of our incredible brands, our talented teams, and our strength as a standalone company.” - CEO Stéphane de La Faverie.

Final Thoughts: Estée Lauder’s stock had been in the red since merger talks began in March.

Zoom Posts Strong Results

Zoom Communications $ZM ( ▲ 0.61% ) jumped 8.24% in after-hours trading on Thursday after reporting strong financial earnings results.

Financials: Zoom reported earnings of $1.55 per share in the past quarter and revenue of $1.24 billion. Both were better than expected.

Quote: “Customers are increasingly adopting Zoom as an AI-first system of action for modern work, with AI Companion paid users growing 184% year over year.” - CEO Eric S. Yuan.

Final Thoughts: Zoom’s stock was already up 16% this year.

Trends to Watch

Game On: Take-Two Says ‘GTA VI’ Launch Still Set for Nov. 19 (Wall Street Journal)

Abandoning Bitcoin: Mark Cuban says he sold most of his Bitcoin after failed hedge narrative 'disappointed' the billionaire (CoinDesk)

Clearly Bad: CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit (The Block)

Star-Struck: SpaceX is heavily reliant on Starlink for growth and profit as it marches toward Nasdaq listing (CNBC)

Costly Fuel: Walmart signals it may raise prices in response to soaring fuel costs (NBC News)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}