By Bram BerkowitzKEY POINTS More data confirmed that inflation stayed high in May. The Federal Reserve is likely to keep raising interest rates. Rising rates have crushed several of these fintech stocks. Investors continue to sell stocks as we head into a murky environment.What happenedSeveral fintech stocks continued to fall as the Federal Reserve's preferred gauge of inflation confirmed that consumer prices and inflation stayed hot in May.Shares of the buy now, pay later company Affirm($Affirm Holdings, Inc.(AFRM)$ )are trading nearly 6.5% lower as of 10:34 a.m. ET today. Shares of the artificial intelligence lenderUpstart($Upstart Holdings, Inc.(UPST)$ )are trading roughly 3.4% lower, and shares of