Today: 6 June 2026
Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive
6 June 2026

Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta stock plunged 5.5% to $593 Friday after reports it may raise tens of billions via a stock sale to fund soaring AI infrastructure costs, despite delayed filings showing Waystone, Eaton, and Fidelis held $31.4 million in Meta at year-end; analysts’ average target is $840.60, but investors are wary of dilution and rising capex, as Meta lifts 2026 spending outlook to up to $145 billion.
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Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
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Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon shares plunged 3.1% to $246.03 with over 55 million shares traded after a strong U.S. jobs report fueled fears of prolonged high interest rates, putting pressure on fast-growing tech stocks despite Amazon’s new $4 billion AWS deal with Pinterest, upgraded AI warehouse robots, and rising sales; investors weighed AWS growth and AI investments against falling free cash flow and higher capital spending.
5 June 2026
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BitMine shares fall after $280 million Ethereum move draws scrutiny

BitMine shares fall after $280 million Ethereum move draws scrutiny

Argentina’s official peso rate surged to 1,460 per U.S. dollar, overtaking the informal “blue” dollar and posting one of its sharpest weekly rises of the year, as investors test the government’s exchange-rate bands ahead of seasonal dollar demand, with open interest in dollar futures jumping by 150,000 contracts and the BCRA’s June survey projecting a December rate of 1,658 pesos per dollar.
5 June 2026
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TerraVest Shares Drop 30% After Chairman Allegations

TerraVest Shares Drop 30% After Chairman Allegations

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5 June 2026
TerraVest shares plunged over 30% to a 52-week low after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal, with Quebec’s AMF suspecting C$6.8 million in illicit gains; no charges have been filed, but the governance shock triggered a sharp, high-volume selloff.
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QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

Invesco QQQ Trust plunged 3.29% to $716.26 after a strong U.S. jobs report boosted rate-hike odds to 70%, hitting tech and AI stocks that dominate the ETF; the drop pushed QQQ below key technical support, with investors now weighing near-term rate risk over long-term growth, as higher yields threaten future earnings valuations.
5 June 2026
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Tesla Stock Slips After $475 Wall Street Reset

Tesla Stock Slips After $475 Wall Street Reset

Tesla shares slid about 5% to $397.42 Friday despite J.P. Morgan lifting its rating and tripling its price target to $475, as investors weighed Tesla’s robotaxi ambitions against safety and regulatory risks amid a broader tech selloff triggered by strong jobs data and rising bond yields.
5 June 2026
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Adyen Shares Tumble After Analyst Report Hits Market

Adyen Shares Tumble After Analyst Report Hits Market

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5 June 2026
Adyen plunged 7.13% to €833.00 after traders cited a negative Cleveland Research report, erasing Thursday’s rebound and deepening a 39% year-to-date drop; no new company news triggered the selloff, but Jefferies maintained its Buy rating and €1,166 target, highlighting solid operating momentum and exposure to a potential Q4 slowdown in discretionary spending.
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Latest

Energy Transfer Streak Ends; Next Week in Focus

Energy Transfer Streak Ends; Next Week in Focus

Energy Transfer fell 1.17% to $19.39, snapping a four-day winning streak as U.S. stocks and oil prices dropped sharply, but still gained 1.1% for the week; investors now face uncertainty over CEO succession, commodity price swings, and project spending, with Monday’s session set to test whether Friday’s decline signals a broader turn for midstream energy stocks.
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06 Jun
SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.
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06 Jun
Enphase Drops 18% Ahead of Market Open

Enphase Drops 18% Ahead of Market Open

Enphase Energy plunged 18% to $56.07 Friday, underperforming solar peers as U.S. jobs data sent bond yields higher and revived interest rate fears; the stock ended the week 12% below Monday’s close, with Q1 revenue down 18% and U.S. demand off 48% from last quarter, putting Monday’s open in sharp focus for investors.
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06 Jun
P&G Stock Outpaced Market Drop—What’s Next for Shares

P&G Stock Outpaced Market Drop—What’s Next for Shares

Procter & Gamble surged 4.09% to $146.54 on Friday, defying a broad market selloff as investors rotated into defensive consumer staples amid Fed rate fears; higher-than-average volume suggests real demand, but with shares still below their 52-week high and ongoing margin pressures, Monday’s open will test if the rally can last.
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06 Jun
Flex Enters S&P 500. Monday Trading Could Be Tricky

Flex Enters S&P 500. Monday Trading Could Be Tricky

Flex will join the S&P 500 on June 22, replacing Campbell’s, triggering index-fund buying; after falling 4.8% Friday, shares rose 1.5% post-announcement, as investors weigh index demand against a tech selloff and Flex’s AI data-center focus, with a planned Cloud and Power Infrastructure spinoff ahead.
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06 Jun
AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

U.S. chip stocks plunged Friday, erasing $1.3 trillion and ending the S&P 500’s nine-week rally as a strong jobs report, looming Fed meeting under new chair Kevin Warsh, and Broadcom’s weak update triggered the worst market day since October; the Philadelphia chip index sank 10.3%, with analysts warning of a possible tactical pullback and risks if selling accelerates.
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06 Jun
Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta stock plunged 5.5% to $593 Friday after reports it may raise tens of billions via a stock sale to fund soaring AI infrastructure costs, despite delayed filings showing Waystone, Eaton, and Fidelis held $31.4 million in Meta at year-end; analysts’ average target is $840.60, but investors are wary of dilution and rising capex, as Meta lifts 2026 spending outlook to up to $145 billion.
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06 Jun
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 06.06.2026

LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 6, 2026, 12:38 PM EDT WELL Health Technologies Strengthens Leadership Amid Public-Sector Digital Health Push June 6, 2026, 12:23 PM EDT. WELL Health Technologies (TSX:WELL) appointed Dr. Andrew Bond as Chief Health Officer and Derek Clark as Chief Operating Officer to bolster clinical governance and operations. These hires support WELL’s strategy to deepen engagement with public health systems and expand its digital health network in Canada. The company recently surpassed a CA$100 million annualized Adjusted EBITDA run rate, underscoring reliance on efficient clinic acquisitions. While leadership aims to enhance integration
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06 Jun
Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
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06 Jun
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
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06 Jun
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
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06 Jun
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
06 Jun
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