SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
BREAKING: SpaceX stock, $SPCX, surges +9% in overnight trading and hits $2.7 trillion in market cap.
SpaceX has officially surpassed Amazon to become the 5th largest public company in the world.
Thank you @CNBCFastMoney, @MelissaLeeCNBC and @timseymour for having me on to talk about @Trulieve becoming the first US Cannabis Company to uplist to a major US exchange (@NYSE)! With DEA registrations of 206 stores and 3.5 million sq ft of production and cultivation in medical only states we are the largest US medical cannabis company and proud to lead from the front! Onward! $TRLV
Days like today don’t happen by accident or in a vacuum. They happen after years of long days and nights, epic wins and just as epic losses. But mostly they happen because of a team of individuals who believe in the possible and make a decision to go all in. To each of you, who are the heart and soul of @Trulieve, you are the reason we have these days. Thank you, I remain so humbled and proud to get to be in the arena with you! Onward! 💚 $TRLV
What just happened?
At 9:45 AM ET, the S&P 500 was trading nearly +1.5% higher and tech stocks were sharply higher.
At 10:40 AM ET, selling pressure began to intensify without any major headlines in one of the biggest reversals of the year.
Just 2 hours later, President Trump said Iran shot down a US helicopter "last night" and that the US must "respond to this attack."
This sent the S&P 500 to a new low of the day, down 240 points since 9:45 AM ET.
In just 3 hours, the S&P 500 has erased -$2.1 trillion in market cap.
Volatility is back.
Trulieve Announces Uplist to NYSE
Trulieve shares are expected to begin trading on the NYSE under the symbol TRLV on June 10, 2026.
/positions+ $TCNNF $MSOS
https://t.co/cWcdDvrtAr