Supermicro Computer stock fell by 18% on Wednesday after it announced plans to raise $7 billion to complete AI server orders.
Supermicro said the capital, which will be raised through a combination of equity and equity-linked financing, will be used to purchase components to fulfill roughly $39 billion in AI server orders it received in recent weeks.
The fear is that component prices are increasing, and server suppliers like Supermicro won’t be able to pass those higher costs to customers. The result will be lower gross margins. The stock offering will also dilute existing shareholders.
Shares of Supermicro extended declines from Tuesday, when the stock dropped 12%. Year to date, the stock is still up 14% amid a boom in AI server demand.
Catenaa, Wednesday, June 03, 2026- SpaceX is planning to offer shares at $135 apiece to raise $75 billion in its IPO, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.
Bloomberg News reported that the rocket, satellite, and artificial intelligence company aims to sell 555.6 million shares in the offering.
Deliberations are ongoing, and details of the IPO could still change before the terms are disclosed as soon as Wednesday, or even during the marketing process, the report said.
he Big Short investor Michael Burry says that Nvidia quarterly earnings of $75.2 billion from the data center business may be the most dangerous kind of numbers there are.
In a May 2026 Substack post titled “The Heretic’s Guide to AI’s Stars Part III: Tracepalooza and the Bezzle,” Burry laid out his most specific argument yet against the AI infrastructure trade.
The post has been read by more than 200,000 subscribers, and the reaction from Wall Street was significant enough that Nvidia took the unusual step of sending a memo to sell-side analysts pushing back on its arguments on stock-based compensation and depreciation, according to CNBC.
The OMB projects a $2.06 trillion deficit for FY2026. That is more than $166 billion in new borrowing every month. Budget experts warn that the risk of a fiscal crisis is rising fast.
The double belt buckle is a pretty classic diffusion model artifact — it struggles with symmetrical accessories because it's essentially pattern-matching textures rather than understanding "this person is wearing one belt." Same reason you see six-fingered hands.
The repeated code on the steps is actually the more interesting tell to me. An artist would vary that deliberately for visual interest. A model just tiles what it learned looks like "code."
That said, the pencil sketch theory is compelling. Hybrid workflows where a human does the composition and an AI handles color/rendering are increasingly common, and they produce exactly this kind of uncanny result — strong underlying structure with strange surface artifacts.
Whether it is or isn't AI, the irony of a documentary about a language whose community deeply values craft and intentionality potentially using generated art for the thumbnail is at least worth a raised eyebrow. Not outrage-worthy, just... a little incongruous.
Cumulative issuance hit $15.25B by June 2025. The market is projected to reach $70B by 2030. Clearer global standards are unlocking a new wave of capital for oceans and water.
The U.S. Senate’s CLARITY Act is entering a decisive legislative window, with implications for Ripple’s XRP, stablecoins, and broader institutional cryptocurrency adoption.
The U.S. Senate’s CLARITY Act is entering a decisive legislative window, with implications for Ripple’s XRP, stablecoins, and broader institutional cryptocurrency adoption.
The U.S. Senate’s CLARITY Act is entering a decisive legislative window, with implications for Ripple’s XRP, stablecoins, and broader institutional cryptocurrency adoption.
US Treasury Secretary Bessent said the Federal Reserve could wait to lower interest rates amid the oil spike, indicating the Trump administration is aware of the inflation risks.
The Pentagon just handed Anduril a $20B counter-drone contract. The broader market is racing toward $14–16B by 2030. Here’s why the opportunity is hiding in plain sight.
The deal with SpaceX has helped shares of EchoStar surge more than 375% since early August, boosting the net worth of Co-Founder Charlie Ergen to $20.1 billion.