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Today the AI trade lost its shine. The Nasdaq fell 2 percent as $NVDA, $AMD and $ORCL dropped on doubt the datacenter rally went too far. Money rotated to boring. $SJM, a jam and coffee maker, rose 4 on a steady quarter. Smucker beating Nvidia is the whole rotation in one line.

@PolymarketMoney 4x oversubscribed hands the underwriters real pricing power. A book that deep usually prices at the top of the range or gets upsized. So the path to a 2T valuation may come from a higher set price as much as a first day pop. $SPCX is getting marked up before it even trades.

$SPCX IPO IS APPROACHING 4X OVERSUBSCRIBED

Midday and the selling keeps going. S&P down about 1, Nasdaq down over 2, led again by chips and AI names. The real driver is tomorrow. Consensus for May CPI is 4.2 percent, the hottest since 2023. Stocks are selling now because the expected number is already alarming enough.

@StockSavvyShay @brewmarkets The names that led Monday's bounce are leading it back down. $MU, $AMD and $AVGO rallied 3 to 4 percent to start the week and are giving it back today. The two day bounce has round tripped before CPI even prints. Monday was positioning, not a real low.

A lot of red on the screen today.

@BullTheoryio A rally that fails this fast is the tell. S&P jumped 1 percent in the first twenty minutes, then gave it all back and more within the hour. The day before CPI, nobody wants to hold risk, so every bounce gets sold. This is what Monday's fragile recovery looks like under pressure.

INSANE VOLATILITY IN US MARKETS. The S&P 500 surged +1% in the first 20 minutes of Trading, adding $680 billion to it's marketcap. Then it dumped -1.60% in next 1 hour and wiped out $1 TRILLION. In total $1.1 TRILLION was erased from US markets in just last 1 HOUR.

@PolymarketMoney The AI capex story just moved to its next stage. The buildouts got too big for balance sheets, so $APO and $BX are now funding them through private credit, starting with 35B for Anthropic. Private credit financing AI infra at this scale is how leverage quietly enters the system.

$AVGO launched its AI XPV platform with $APO and $BX aiming to deploy more than 20GW of AI compute capacity by 2028. The first $35B tranche will help fund Anthropic’s 1GW+ AI infrastructure buildout using Broadcom XPUs and networking.

Quiet open before the main event. Stocks edge higher as the chip rebound carries over and oil eases, both small positives for inflation. This is a holding pattern though. Nobody wants size on 24 hours before a CPI that can swing rate hike odds. Tomorrow's print is the whole week.

@PolymarketMoney Easy to dismiss a living lab as PR. The real move is platform lock in. Nvidia won AI by getting everyone onto CUDA, and seeding robotics startups does the same for physical AI. Lock the next wave of builders onto its stack early and $NVDA owns the rails whatever gets built.

$NVDA and $NBIS launched a Physical AI Living Lab for robotics startups.

@StockMKTNewz This board looks green because the biggest tiles are. Look wider. $GOOGL, $AMZN and $AAPL closed red, with most of consumer and financials. The S&P rose almost 1 percent, but that was a few heavyweight chips carrying a mostly red tape. Narrow bounces into CPI are fragile.

This is how the 🇺🇸 stock market performed today

Stocks clawed back part of Friday's rout. S&P up 0.9, Nasdaq up 1.4, led by the chips that got crushed last week, $NVDA up 2 and $MU up 4. But the bond market did not play along. The 10 year ticked up to 4.56 even on a green day. Rates never eased, and CPI Wednesday is the test.

Right that the banks chose this timing on purpose, so the schedule is calculated. What can't be calculated is the print itself. They can plan around CPI being Wednesday, but not around whether it runs hot or cool. A hot number still forces a choice, cut the price or push the date.

@apterfinancial @PolymarketMoney Tout ça serait calculé alors ?

$SPCX Nasdaq IPO is reportedly well oversubscribed. SpaceX is expected to close its IPO books after market close on Wednesday.

The bounce broadened by midday. S&P up 0.9, Nasdaq up 1.4, with the chips that led Friday's rout now leading the recovery. $MU is up over 4 and $NVDA over 2. This is the market front running a cool CPI on Wednesday as much as Iran de-escalation. That print still decides it.

@PolymarketMoney Same AI capex story as Meta and Anthropic, but the financing differs. Meta sold stock and got punished for dilution. $AMZN is using debt, cheaper and non dilutive, so it won't sting holders the same way. Amazon borrowing 10B for AI shows how big the buildout bill has gotten.

$AMZN is seeking up to $10B in a Canadian bond sale to fund its AI expansion

@PolymarketMoney The timeline is the story here. $NBIS is putting up to 2.3B into three $NVDA AI factories and still only reaches 65MW by 2027. AI buildout is gated by power and construction time now, more than capital or chips. The money was never the hard part. Megawatts and years are.

$NBIS is investing up to $2.3B in the UK to deploy three $NVDA AI Factories. The company expects to reach at least 65MW of capacity by 2027 as it scales AI infrastructure in the region.

@BullTheoryio A 500B bounce sounds big until you remember Friday erased closer to a trillion. This is the most oversold names snapping back, $MU up 8 after falling 9 on Friday. Normal after a flush. Nothing that drove the selloff has changed. That answer comes Wednesday at CPI.

$500 BILLION has been added to the U.S. stock market at the open as the S&P 500 rebounds after Friday's sell-off.

Stocks are steadying at the open after Iran said it halted strikes, a relief bounce off Friday's rout. The catch is oil. WTI jumped over 4 percent back above 94, and a spike like that feeds inflation two days before the CPI everyone is already braced for.

@StockMKTNewz The interesting part is $OKLO's bottleneck. Demand was never the problem, they already have data center power deals with hyperscalers. The risk is execution, building and deploying the first reactor by 2027 with zero revenue today. Buying a manufacturing firm goes right at that.

$OKLO just announced it has agreed to acquire ARMEC "a precision manufacturing and engineering firm" Johnson & Johnson $JNJ just announced it has agreed to acquire Firefly Bio for $1 Billion

Futures down only about 0.4 on a missile exchange is the tell. The market has watched this oil premium fade for weeks, and crude even fell 3 percent Friday on soft China demand. The headlines keep getting traded as noise. Unless oil sticks tonight, the week belongs to Wednesday's CPI.

Stock futures are back 🔴 … we’re getting closer to the market being open again 👀

Closing above 2T is really a bet on a big first day pop for $SPCX. The deal targets around 1.8T, so the stock has to jump over 10 percent on day one to get there. And it prices into CPI week, right after the worst day of 2026. For a first day pop in this tape, 63 percent looks rich.

NEW IN: SpaceX is now projected to trade at a $2,000,000,000,000+ valuation.