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NASDAQ:FRMI.O 2 January 2026

Fermi (FRMI) stock jumps about 14% today as traders track lawsuit probes and next Project Matador update

Fermi (FRMI) stock jumps about 14% today as traders track lawsuit probes and next Project Matador update

Fermi Inc (FRMI.O) shares jumped 14% to $9.12 in midday trading Friday, with volume over 4.4 million. The rebound follows a 34% plunge last month after a $150 million construction funding deal was terminated. Shareholder law firms announced investigations into potential investor claims on Jan. 1. Fermi is seeking tenants for its Texas data-center project after denying links to Amazon.
2 January 2026
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Stock Market Today

  • S&P 500 and Nasdaq 100 Outlook Linked to U.S. CPI Data and Iran Tensions
    June 10, 2026, 7:16 AM EDT. U.S. stock markets, including the S&P 500 and Nasdaq 100, face uncertainty as investors watch the Consumer Price Index (CPI) report amid escalating Middle East tensions. U.S. military strikes following President Trump's Iran accusations have reignited Strait of Hormuz risk, pushing crude oil prices higher and increasing inflation concerns. Asian markets saw widespread selling, with key technology sectors leading declines-South Korea's Kospi fell 4.52%, Japan's Nikkei 225 dropped 1.89%, and China's CSI 300 lost 1.11%. Semiconductor stocks experienced notable losses globally, signaling stress across the artificial intelligence trade. The CPI report will be pivotal in determining if selling will intensify, influencing Federal Reserve policy views and equity market trajectories.

Latest articles

Hitek Global Rallies Before Hours as Traders Watch HKIT $8 Million Offer

Hitek Global Rallies Before Hours as Traders Watch HKIT $8 Million Offer

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HKIT plunged 13.25% to $0.273 Tuesday on volume six times its average, then rebounded to $0.428 premarket as traders digested a recent $8 million direct offering with warrants that could trigger major dilution; Hitek warned that new shares from these warrants could pressure the stock price and threaten Nasdaq listing if prices stay below $1.
ChowChow Cloud Stock Jumps Premarket as CHOW Volume Explodes Again

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10 June 2026
ChowChow Cloud (CHOW) soared over 200% premarket on massive volume, despite no new operating update and ongoing net losses, negative cash flow, and pending shareholder litigation, highlighting extreme volatility and risk for investors as the stock trades far below its IPO price.
Redwire Dips After $500 Million ATM Offering

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Redwire plunged 15.19% to $15.75 after unveiling a new $500 million at-the-market stock sale plan, replacing a prior $350 million program, raising dilution concerns as the company gains flexibility to issue more shares and investors await quarterly updates on actual share sales, proceeds, and agent fees.
Plug Power Stock Slides as Cash-Burn Questions Challenge the Hydrogen Turnaround Trade

Plug Power Stock Slides as Cash-Burn Questions Challenge the Hydrogen Turnaround Trade

10 June 2026
Plug Power plunged 8.78% to $2.91, its fifth straight loss, as investors focus on whether recent liquidity moves—including a $39.2 million tax credit sale—can offset a first-quarter operating cash burn of $150 million ahead of the June 11 shareholder meeting, with the stock’s volatility tied to ongoing cash concerns despite improved margins.
US stock futures slip with CPI ahead as Iran oil risk stirs Fed worries

US stock futures slip with CPI ahead as Iran oil risk stirs Fed worries

10 June 2026
S&P 500, Nasdaq 100, and Dow futures fell sharply premarket as investors braced for the May CPI report, expected to show the fastest annual inflation since April 2023, with tech stocks hit hardest amid rising oil prices and fresh U.S.-Iran strikes, raising fears of persistent inflation and fewer Fed rate cuts.
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