Episode 2026-06-11

You're listening to 7 Horns AI — your AI-powered market update. Hello and welcome to our midday market commentary for Thursday, June eleventh, twenty twenty-six. We're currently seeing a notable rebound in the markets this afternoon. The SPY ETF, tracking the S&P five hundred, is up zero point six one percent, while the QQQ ETF, tracking the Nasdaq one hundred, has gained one point three nine percent. The DIA ETF, which tracks the Dow Jones Industrial Average, is also solidly in the green, rising zero point seven zero percent. This follows a somewhat volatile start to the day where an early bounce from yesterday's selloff appeared to fade. Overnight, Asian markets were mixed, with Japan's EWJ gaining zero point six six percent, though China's FXI was down one point two two percent. U.S. futures pointed to a higher open, and despite some earlier givebacks, tech stocks are now helping to drive this midday rally. Key drivers include earnings and AI capital spending, but persistent inflation, a hawkish Federal Reserve stance, and ongoing geopolitical tensions with the U.S. and Iran continue to be significant factors. In individual stock news, Oracle is a major story today, currently down ten point five percent. Despite reporting strong fourth-quarter earnings and a twenty-one percent revenue increase, investors were rattled by the company's plans for forty billion dollars in new debt and equity to fund its ambitious AI data center buildouts. This raised concerns about capital e