The S&P Closed 7,383.74, Alphabet’s Preferred Closed, and Serv-U Landed on KEV Saturday’s Daily Update — twenty-four stories on Friday’s tech rout, Alphabet’s depositary close, a December hike priced into Fed futures, and CISA’s SolarWinds Serv-U add.
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Friday cash snapped the S&P’s nine-week winning streak as May payrolls pulled rate-hike odds forward, Alphabet’s preferred sleeve finally closed, and CISA put SolarWinds Serv-U on KEV.
S&P 7,383.74 (−2.6%) ended a nine-week winning streak; Dow 50,866.78; Nasdaq 25,709.43. Broadcom closed $385.73; Nvidia $205.10; Brent $93.09. Alphabet’s Series A and B depositary offerings closed June 5, 192.5 million shares each. FedWatch ~68% chance of a December hike; June still a hold. Helion closed a $465 million Series G at $15.5 billion; Orion is still a 50-megawatt Microsoft plant. Supabase closed $500 million at $10 billion pre-money. CISA added SolarWinds Serv-U CVE-2026-28318, due June 19. Hotfix 1 is a crash patch, not a shell. Hezbollah rejected the Lebanon ceasefire; Iran set terms. Flourish is a $500 million brain-budget bet with no product. ‘The Amazing Digital Circus’ actually did $7.88 million Thursday. TGA is still investigating 15 SPF misses. Browse past Daily Updates · Permalink for this edition