Today: 1 June 2026
Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update
1 June 2026

Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update

Virgin Galactic shares soared nearly 28% Monday after RichRich Capital disclosed a 5.26% stake and management reaffirmed Q3 flight tests and Q4 commercial launches. Stock hit $8.23 before settling at $7.91 on heavy volume. Virgin Galactic posted a $65M Q1 net loss, negative $93M free cash flow, and expects another negative quarter. Court approved a $2.75M shareholder settlement. Market cap stands at $629M.
FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

1 June 2026
FTSE 100 drops 0.20% as Middle East conflict pushes Brent crude up over 3% to $93.80, reviving inflation fears. EasyJet surges after Castlelake eyes possible bid; board calls timing “highly opportunistic.” Bluefield Solar jumps on £561m Drax deal. ME Group cuts profit outlook, shares fall. Wise sinks amid Belgian anti-money laundering probe. UK factory PMI hits 53.9, but price hikes raise Bank of England rate concerns.
Ondas Stock Slips Before the Bell After a 44% Weekly Run. The $110 Million Order Book Is Why Traders Care

Ondas Stock Slips Before the Bell After a 44% Weekly Run. The $110 Million Order Book Is Why Traders Care

Ondas Inc. slipped 1.4% to $13.04 in early premarket after last week’s 43.5% surge. The company reported $110 million in Q2 orders, a $457 million backlog, and raised its 2026 revenue forecast to at least $390 million, but Q1 operating loss widened to $42.7 million on $67.3 million expenses. Investors eyed dilution risk after a 3.1 million share offering linked to the Omnisys acquisition.
Nebius Stock Trades Near High on AI Fund Interest, Faces Next Hurdle

Nebius Stock Trades Near High on AI Fund Interest, Faces Next Hurdle

Nebius (NASDAQ: NBIS) closed at $231.09, just shy of its 52-week high, after Situational Awareness LP disclosed a 5.6% stake, becoming its largest shareholder. Shares jumped 9% on the news. Q1 revenue soared 684% to $399 million, net income reached $621.2 million, and capex guidance rose to $20–25 billion for 2026. Nebius secured up to 1.2 GW for a new AI factory in Pennsylvania. Investor focus shifts to June 3’s BofA tech conference.
Adobe Stock Gains in Premarket With Wall Street Focused on AI

Adobe Stock Gains in Premarket With Wall Street Focused on AI

Adobe surged 3.6% after hours to $268.48, building on Friday’s 7.36% rally, as investors await June 11 earnings for proof AI boosts revenue, not just costs. The stock remains far below its $421 high. Adobe’s $25 billion buyback runs through 2030. CEO Narayen will step down after a successor is named. Competition from Figma and new AI tools like Anthropic’s Claude Design adds pressure ahead of the key earnings report.
Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel shares ended Friday down 5.1% at $114.68 after a 200% rally this year. At Computex, Intel unveiled Xeon 6+ chips, Ethernet E835 adapters, and details on its Crescent Island AI GPU, targeting cheaper AI inference. Risks remain: Crescent Island hasn’t proven performance or landed buyers, and Intel reported a $3.73 billion net loss. CEO Lip-Bu Tan’s Computex keynote is in focus for investors Monday.
Microsoft Shares Surge 5.4%, Wall Street Watching for AI Payoff

Microsoft Shares Surge 5.4%, Wall Street Watching for AI Payoff

Microsoft surged 5.45% to $450.24 Friday as AI stocks drove Wall Street to record closes; volume hit 77.3 million shares. After-hours trading held steady. Investors returned to AI tech, with Microsoft’s cloud and AI revenue jumping. Gross margin fell on heavy AI spending. Microsoft plans new Windows PCs with Nvidia chips and faces rising competition from Google and Amazon. The stock now trades on whether AI infrastructure will deliver high-margin software sales.
Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.

Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.

Rocket Lab fell 3.1% to $143.48 Friday after Blue Origin’s rocket test explosion rattled space stocks. Despite the drop, shares are up from $135.76 last week. The company closed a buyout of Motiv Space Systems, landed a $90 million U.S. Space Force contract, and reported Q1 revenue up 63.5% to $200.3 million with $2.2 billion backlog. Risks include a $3 billion at-the-market equity program and delays on its Neutron rocket.
Walmart Stock Fell Hard Friday. Why Monday’s Open Now Matters

Walmart Stock Fell Hard Friday. Why Monday’s Open Now Matters

Walmart closed Friday at $115.75, down 2.65% for the day and 3.8% for the holiday-shortened week, underperforming record highs in major indexes. First-quarter revenue rose 7.3% to $177.8 billion, but higher fuel costs cut operating income growth by 250 basis points. Walmart kept its full-year EPS outlook and warned that persistent cost pressures could force higher prices later this year.
Oracle Shares Jump as AI Cloud Bets Head Toward Another Test

Oracle Shares Jump as AI Cloud Bets Head Toward Another Test

Oracle soared 10.84% Friday to $225.78, capping a 17.5% weekly surge as traders piled into AI infrastructure stocks. Wall Street’s software index jumped over 6% as AI demand fears faded. Oracle’s remaining performance obligations hit $553 billion, up 325% year over year. Risks remain: high AI infrastructure costs, reliance on OpenAI, and scrutiny over TikTok data. Fiscal Q4 results land mid-June.
Keel Infrastructure Stock Just Jumped. One Test Could Decide Next Week

Keel Infrastructure Stock Just Jumped. One Test Could Decide Next Week

Keel Infrastructure closed Friday at $5.68 on Nasdaq, up 22% for the week and 99% for May, after rebranding from Bitfarms and shifting to data centers and energy infrastructure for AI. Q1 revenue fell 23% to $37 million with a $98 million operating loss. CEO Ben Gagnon set a 2026 goal to sign leases at Panther Creek, Sharon, and Moses Lake. Analysts raised targets, but risk warnings cite lease delays and execution hurdles.

BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

BlackBerry closed at $9.00 in New York, up 2.5% Friday and 13.8% for the week, hitting a six-session streak near its 52-week high. Volume surged to 45.1 million shares. Gains follow April’s QNX revenue jump to $78.7 million and a $950 million royalty backlog. AtHoc secured 2026 FedRAMP Class D High re-certification. QNX highlighted robotics at Boston’s summit. Investors await June 2 and June 25 updates on bookings and revenue.
Google Stock Dropped as Wall Street Set Records, What’s Next?

Google Stock Dropped as Wall Street Set Records, What’s Next?

Alphabet Class A fell 2.51% Friday to $380.34, underperforming as the S&P 500, Nasdaq, and Dow all closed at record highs. The stock tracked 0.7% below its May 22 close, dragging the S&P 500 communication services sector lower despite Microsoft’s 5.4% jump. Google Cloud’s Q1 revenue surged 63% to over $20 billion, with backlog topping $460 billion. Alphabet raised its 2026 capex outlook to $180–$190 billion. Google Cloud and EQT announced a deal to deliver agentic AI to over 300 EQT portfolio companies.
Nokia Shares Set for Monday After 6% Drop Ends AI Run

Nokia Shares Set for Monday After 6% Drop Ends AI Run

Nokia shares fell 6.27% to 12.49 euros in Helsinki on Friday, underperforming the OMX Helsinki 25’s 0.62% drop. The company’s U.S. ADRs ended down 2.88% at $14.84, marking a third straight session of losses. Nokia’s stock is now 10.74% below its 52-week high set May 26. Investors await company remarks at the Bank of America Global Technology Conference on June 2.

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Rigetti Shares On The Move As Quantum Trade Faces Another Test

Rigetti Shares On The Move As Quantum Trade Faces Another Test

Rigetti Computing jumped 3.4% to $26.41 after quantum error-correction research hit Nature Communications and investors reacted to last week’s U.S. funding news. Over 35 million shares traded before noon. Market cap neared $8.8 billion despite Q1 revenue of $4.4 million and a $26 million operating loss. The company signed a letter of intent for up to $100 million in CHIPS Act funding, with the government set to take an equity stake.
Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Brent crude surged 6.6% to $97.14 after Iran halted indirect talks with the U.S., raising fears of a Strait of Hormuz blockade. U.S. crude jumped 7.7% to $94.04. Iran-backed groups may target key oil routes. Israeli forces advanced in Lebanon as ceasefire talks faltered. OPEC+ eyes a July output hike, but Gulf supply faces risk. China’s oil demand softened, prompting Saudi Arabia to cut July prices for Asia for a second month.
Redwire shares sink as space stocks retreat

Redwire shares sink as space stocks retreat

Redwire shares plunged 16.4% to $20.53 after Jefferies downgraded the stock to Hold, citing valuation concerns despite raising its price target to $24. Trading volume topped 25.8 million shares. Redwire’s Q1 revenue jumped 57.9% to $97 million, backlog hit $498.1 million, but net loss widened to $76.5 million. The company announced new defense drone contracts, while a $350 million at-the-market offering remains pending.
ServiceNow Stock Gains as Wall Street AI Trade Turns

ServiceNow Stock Gains as Wall Street AI Trade Turns

ServiceNow soared 8.5% to $134.95 in heavy trading after Nvidia CEO Jensen Huang dismissed fears that AI agents will replace software firms, calling it “exactly the opposite.” Salesforce, IBM, and Adobe also rallied as investors rotated back into software stocks. ServiceNow reported Q1 subscription revenue up 22% to $3.67 billion and a 130%+ jump in $1M+ Now Assist customers. Risks flagged include competition, AI adoption, macro factors, and FX.
NIO shares rise as May deliveries jump 62%—June in focus

NIO shares rise as May deliveries jump 62%—June in focus

NIO’s U.S. shares jumped 6.6% to $5.97 after May deliveries surged 62.3% year over year to 37,705 vehicles, with gains across NIO, ONVO, and FIREFLY brands. May deliveries rose 28% from April, but NIO must deliver 42,939 vehicles in June to hit its Q2 target. Q1 vehicle margin reached 18.8%. XPeng stock rose 6% on May delivery growth; Li Auto fell 1.9% despite strong orders. China EV stocks moved unevenly.
Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Nvidia surged 4.34% after launching a new AI PC chip with Microsoft, while Qualcomm dropped nearly 7%. Dow fell 0.22%, S&P 500 flat, Nasdaq up 0.01%. Brent crude jumped 6.11% to $96.69 on Iran-linked risks. United Airlines slid 4.61%, Exxon rose 2.78%. Berkshire Hathaway agreed to buy Taylor Morrison Home for $6.8 billion; shares soared 22.43%. U.S. manufacturing PMI hit a two-year high.
Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow drops 0.22% to 50,920.76 after last week’s record, as delayed LSEG data and inflation worries weigh. S&P 500 flat, Nasdaq up 0.01%. Nvidia jumps 4% on new AI chip launch with Microsoft, boosting tech. Most S&P 500 sectors fall; consumer discretionary drops 2%. U.S. manufacturing PMI hits four-year high at 54.0, stoking inflation fears. Brent crude surges 6.11% to $96.69. Investors eye jobs data and Broadcom results this week.
Rocket Lab Drops 13%, Questions Raised Around SpaceX IPO Trade

Rocket Lab Drops 13%, Questions Raised Around SpaceX IPO Trade

Rocket Lab plunged 13.1% to $124.74 Monday after a sharp rally, as traders reassessed the stock ahead of SpaceX’s record-setting June IPO. Despite new contracts, a $90 million Space Force deal, and the Motiv Space Systems buyout, investors are eyeing risks tied to Rocket Lab’s unproven Neutron rocket and a high valuation at 124 times trailing sales. Q1 revenue rose 63.5% to $200.3 million; backlog stands at $2.2 billion.
Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D shares jumped 57% after closing its merger with Cathedra Bitcoin, trading at $2.99 on heavy volume. The merged company now claims 53 MW online, 1.2 EH/s mining hash rate, and a pipeline over 100 MW. Q1 revenue fell to $1.9 million with a $4.1 million net loss. Sphere warns of ongoing losses, negative cash flow, and “substantial doubt” about its ability to continue without more funding. Cathedra shares will be delisted June 2.
GrowHub Shares Pop After EnChem Filing, Investors Weigh Dilution

GrowHub Shares Pop After EnChem Filing, Investors Weigh Dilution

GrowHub shares soared 541% to $2.23 after a June 1 SEC filing revealed a binding reverse-merger term sheet with EnChem America, which would give EnChem holders 85% of the combined company and a minimum $400 million valuation. The deal requires shareholder and regulatory approvals, Nasdaq sign-off, and a $4.00 VWAP. GrowHub faces a July 10 deadline to regain Nasdaq compliance after reporting a $13.4 million net loss and $2.3 million shareholders’ deficit.
Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update

Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update

Virgin Galactic shares soared nearly 28% Monday after RichRich Capital disclosed a 5.26% stake and management reaffirmed Q3 flight tests and Q4 commercial launches. Stock hit $8.23 before settling at $7.91 on heavy volume. Virgin Galactic posted a $65M Q1 net loss, negative $93M free cash flow, and expects another negative quarter. Court approved a $2.75M shareholder settlement. Market cap stands at $629M.
FedEx Stock Faces a New Amazon Threat as Logistics Fight Hits Shares

FedEx Freight Goes Solo As $8.9 Billion Trucking Giant Hits NYSE

FedEx Freight began trading as FDXF after its spin-off from FedEx, joining the S&P 500 and Dow Jones Transportation Average. FedEx distributed 80.1% of shares to holders, keeping 19.9% to be disposed of within 24 months. Fiscal 2025 revenue hit $8.9 billion. Management targets 4–6% annual revenue growth and $1 billion in free cash flow, but analysts warn of execution risk, transition costs, and weak freight demand.
Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s People Incorporated offered $48.30 per share in cash to buy the MGM Resorts International shares it doesn’t own, valuing MGM at over $18 billion including debt. MGM stock jumped 13% to $49.35, above the offer price. The non-binding bid is 10.6% above MGM’s last close. People already owns 26.1% of MGM. The deal would take MGM private, but still needs a binding agreement, financing, and regulatory approval.
Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy stock soared 31% to $24.80 after Siemens named it in a new NVIDIA-linked AI data center power plan, featuring Fluence’s battery systems in a 136-megawatt reference design. The rally follows a record $5.6 billion backlog and two hyperscaler supply deals. Fluence posted Q2 revenue of $464.9 million, a narrowed net loss of $29.2 million, and negative adjusted EBITDA of $9.4 million.
Namib Minerals Stock Surges 40% Before the Bell — Why Redwing Is Back in Focus

Namib Minerals Stock Surges 40% Before the Bell — Why Redwing Is Back in Focus

Namib Minerals’ shares soared 39.5% premarket to $2.12, with no new company news since a May 19 Redwing dewatering update. The company pumped 544,570 cubic meters of water at Redwing, aiming to restart the Zimbabwe mine. 2026 gold output guidance at How Mine is 28,000–31,500 ounces, with adjusted EBITDA forecast at $50–$62 million. Market cap sits near $83 million, with a volatile 52-week range from $0.91 to $55.
FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE 100 drops 0.20% as Middle East conflict pushes Brent crude up over 3% to $93.80, reviving inflation fears. EasyJet surges after Castlelake eyes possible bid; board calls timing “highly opportunistic.” Bluefield Solar jumps on £561m Drax deal. ME Group cuts profit outlook, shares fall. Wise sinks amid Belgian anti-money laundering probe. UK factory PMI hits 53.9, but price hikes raise Bank of England rate concerns.
IREN stock drops 7% into MSCI index add — what traders watch before Monday

IREN Stock Gets a $3.65 Billion Answer to Its Biggest AI Question

IREN shares slipped 0.7% premarket to $63.54 after closing a $3.65 billion investment-grade GPU financing facility to support its Microsoft AI cloud contract. The debt, secured by GPUs and contract cash flows, includes a $1.5 billion delayed-draw loan and $2.1 billion in 5.96% senior notes. IREN expects ARR to rise to $4.4 billion after deploying Nvidia Blackwell systems from Dell, but targets depend on delivery, utilization, and pricing.
Taylor Morrison Jumps After Berkshire Buys Stake in $8.5 Billion Deal

Taylor Morrison Jumps After Berkshire Buys Stake in $8.5 Billion Deal

Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share in cash, a 24% premium to its last close, valuing the builder at $6.8 billion equity, $8.5 billion with debt. Taylor Morrison shares jumped 22% premarket. The deal, Greg Abel’s first as CEO, still needs shareholder and regulatory approval and could close in the second half of 2026. If it fails, shares could drop and a $221.6 million breakup fee applies.
American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines dropped 3 cents to $14.64 premarket as it exited the Dow Jones Transportation Average, replaced by FedEx Freight after its spinoff. JetBlue raised its Q2 fuel cost forecast, citing Strait of Hormuz disruptions, with jet fuel near $142 a barrel. American faces $4–$5 billion extra fuel costs this year but kept its 2026 outlook. CEO Isom sees Q2 revenue up 15% and capacity up 5%.
SoftBank takes key spot as France launches $108B AI push in Europe data centre fight

SoftBank takes key spot as France launches $108B AI push in Europe data centre fight

SoftBank pledges €45 billion for AI data centers in northern France, leading €93 billion in corporate commitments at the Choose France summit. SoftBank plans 3.1 GW capacity by 2031, with a total program up to €75 billion. Ardian and Verne target a €5 billion AI campus in Île-de-France. Brookfield eyes €10 billion, MGX and Bpifrance near €7.5 billion site. Revolut to spend €100 million and add 200 jobs by 2030.
HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE jumped 5.1% premarket to $45.27 ahead of fiscal Q2 results due after the bell, following Dell’s AI server surge and HPE’s launch of a ProLiant server using Nvidia’s Vera CPU. HPE reported a $5B+ AI backlog in March, guided Q2 revenue to $9.6–$10B, and raised its 2026 earnings target. Investors await updates on backlog, server sales, and Juniper unit as supply remains tight and high prices persist into 2027.
AT&T Eyes June as Critical Month for Stock

AT&T Faces $4.5 Billion Cash Flow Hurdle as Stock Eyes Next Move

Revolution Medicines’ daraxonrasib doubled median survival to 13.2 months versus 6.7 for chemo in a 500-patient Phase 3 pancreatic cancer trial; risk of death cut by 60%. RVMD last quoted at $157.48 premarket, market cap $31.2B. FDA has allowed expanded access but drug remains unapproved. Company plans global regulatory filings; $1.9B cash at March 31 plus $2.1B from April financings. Q1 net loss widened to $453.8M.
Volato Stock Explodes Before the Bell as M2i Merger Clock Ticks

Volato Stock Explodes Before the Bell as M2i Merger Clock Ticks

Volato Group shares soared 188% to $0.49 in U.S. pre-market trading on volume of 239.2 million shares, despite no new announcement. The micro-cap’s pending merger with M2i Global would give Volato holders 15% of the combined company. Volato reported a $2.6 million net loss last quarter, $2 million in cash, and a NYSE American listing notice, raising doubt about its ability to continue as a going concern.
Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global traded at $24.13 in Monday premarket, up 5.42% after a 13.43% Friday surge on heavy volume. Q1 revenue jumped 50% to $396 million; 2026 guidance midpoint raised to $1.785 billion. OpenAI models now support Athena, Zeta’s AI-driven marketing tool. Analyst targets average $28.31, with BofA at $24. Risks include rapid price gains, competition with Salesforce, Oracle, Adobe, and execution on AI growth.
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