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Tempus AI Tumbles After Short-Seller Warning
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Tempus AI Tumbles After Short-Seller Warning
Tempus AI shares fell 15.6% following a bearish report from Spruce Point Capital, which claims the stock is overvalued by 50–60%. Despite recent partnerships and bullish forecasts, concerns over founder history and speculative risk drove the decline.
Nvidia Surges After Q1 Beat Despite China-Linked Guidance Dip
Nvidia reported Q1 earnings of $0.81 per share on $44.06B in revenue, topping estimates. Adjusted EPS excluding a $4.5B China-related charge hit $0.96. Q2 revenue guidance of $45B fell short. Shares rose 4% post-earnings amid strong AI demand and CEO optimism.
Gold nears $3,400 amid inflation, rate pause, and geopolitical risks
Gold surged nearly 60% since Jan 2024, hitting $3,300.77/oz on May 28. With inflation data due June 11, Fed rate pause likely, and persistent geopolitical risk, analysts expect potential new highs in June if macro trends persist.
🪙 Crypto
JD Vance champions Bitcoin despite low adoption
At Bitcoin 2025, VP JD Vance promoted crypto as mainstream, though only 17% of U.S. adults have ever used it and just 7–8% used it in the past year. He claimed it expands banking access, despite broader finance tools having far higher adoption.
🌎 Global Economy
Global Economists Signal Prolonged Uncertainty Ahead
82% of chief economists view global uncertainty as 'very high', citing trade shocks and AI disruption. 87% expect delayed strategic decisions, raising recession risks. Asia remains optimistic, while U.S. growth outlook dims amid inflation and weak policy confidence.
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