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Today is Wednesday, June 10, 2026.
The Early Bird Index today is 87.02.
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Super Micro Needs $7B for AI ⚡
Is AI demand outpacing supply? Super Micro Computer $SMCI ( ▼ 7.62% ) 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.
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 ( ▲ 6.11% ) 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 ( ▲ 1.27% ) 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)
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)
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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.
