Today: 3 June 2026
Dow futures edge lower with oil up, markets watch Wall Street highs

Dow futures edge lower with oil up, markets watch Wall Street highs

3 June 2026
U.S. stock futures were mixed early Wednesday as surging oil prices—Brent up 2.79% to $98.62 and WTI up 3.41% to $96.96—checked Wall Street’s record run, raising inflation fears and casting doubt on further Fed rate cuts, while AI-linked stocks like Marvell jumped 15% in premarket trading after Nvidia’s endorsement.
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Corning shares move after AI news

Corning shares move after AI news

Corning soared 13.4% to $200.40 on heavy volume after Nvidia’s CEO spotlighted the need for optical links in AI data centers, with Corning’s recent Nvidia and Meta deals making it a top play on AI infrastructure; first-quarter core sales jumped 18% and optical sales surged 36%, but investors face risks from consumer electronics demand and execution on new factory expansions.
3 June 2026
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Quantum computing stocks face a holiday week after IonQ stake filing and a Rigetti downgrade

IonQ Stock Jumped Again. A Giant Quantum IPO Is Putting the Trade on Trial

IonQ shares closed up 3.1% at $71.40 before slipping 1.3% after hours as traders positioned ahead of Quantinuum’s upsized IPO, which seeks up to $1.46 billion at a $14.3 billion valuation; IonQ’s Q1 revenue surged 755% to $64.7 million with a raised 2026 outlook, but a $271.5 million operating loss and guidance for continued high expenses highlight risks as Wall Street awaits new sector benchmarks.
3 June 2026
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Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom soared 4.7% to a record $481.57 as Alphabet’s $80 billion AI infrastructure equity raise sharpened focus on Broadcom’s custom AI chip and networking supply, with investors eyeing tomorrow’s earnings and guidance; options pricing signals potential 9% stock swing post-results, as the stock trades at 120 times earnings and faces high expectations for continued AI-driven growth.
3 June 2026
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D-Wave shares trade uneven after unveiling 2032 quantum targets

D-Wave shares trade uneven after unveiling 2032 quantum targets

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2 June 2026
D-Wave shares erased early gains to end flat after unveiling a quantum gate-model roadmap targeting 100 logical qubits by 2032; Wall Street analysts raised price targets following Investor Day, but revenue fell 81% year over year and a $100 million federal grant remains pending, highlighting execution and funding risks as the company pursues long-term milestones.
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Ondas Stock Just Got a Navy Catalyst — Why ONDS Traders Are Watching the Next Move

Ondas Stock Just Got a Navy Catalyst — Why ONDS Traders Are Watching the Next Move

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2 June 2026
Ondas’ World View unit landed a $4.8 million, three-month U.S. Navy SOUTHCOM surveillance contract, with ONDS showing a $13.51 premarket indication after a $13.46 close; the deal follows over $110 million in recent orders, but the short contract size and shareholder-approved share increase highlight ongoing execution and dilution risks.
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June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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28 June 2025
OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.
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Latest

Legend Biotech jumps 42% as traders look at results from small cancer study

Legend Biotech jumps 42% as traders look at results from small cancer study

Legend Biotech shares soared 42% to $36.28 after early Phase 1 data showed all six higher-dose patients with relapsed or refractory B-cell non-Hodgkin lymphoma responded to its in vivo CAR-T therapy LB2501, with five complete responses; UBS raised its price target to $49, citing the therapy’s outlook, but the results are early and based on a small group with short follow-up.
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03 Jun
American Airlines Puts 23,000 Football Seats in Play—But the Real Challenge Starts Post-Kickoff

American Airlines to Pause Pittsburgh-LA Route Starting June 3

American Airlines will suspend its daily Pittsburgh-Los Angeles nonstop flights from Aug. 5 to Oct. 4 due to high jet fuel costs, impacting one of Pittsburgh International Airport’s key West Coast routes and reflecting a $4 billion-plus fuel expense increase this year, as the airline trims schedules nationwide to offset rising costs.
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03 Jun
Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group shares plunged 16% to CHF 687.30 after capping withdrawals from its $8.6 billion Global Value SICAV fund, as redemption requests hit 9.8% of net asset value, nearly double the 5% quarterly limit; the move triggered sharp declines in peers EQT, CVC, and Bridgepoint, and marked the worst day on record for Partners Group shares, now down about 30% for the year.
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03 Jun
Idaho Power Pushes for Two New Gas Plants; Customer Timeline Starts

Idaho Power Pushes for Two New Gas Plants; Customer Timeline Starts

Idaho Power seeks state approval for two new gas plants to address projected capacity deficits of 236 MW in 2029 and 352 MW in 2030, with no immediate rate hike proposed; parent IDACORP says the case is pending, and large customers plus clean-energy groups have joined the proceeding as intervenors.
03 Jun
Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Traders Pause After Pre-Market Jolt From Navy Deal

Ondas shares dropped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares to cover tax on vested stock units, despite World View’s $4.8 million U.S. Navy contract win and a rising backlog; investors are watching if Ondas can convert its $457 million backlog into revenue as near-term insider selling weighs on sentiment.
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03 Jun
Rigetti moves up, but new filings keep quantum trades on edge

Rigetti moves up, but new filings keep quantum trades on edge

Rigetti Computing shares jumped 4.9% to $26.88, boosting its market value to $9.0 billion as insider filings showed CEO Subodh Kulkarni and CTO David Rivas sold shares after option exercises, while investors weighed a proposed $100 million Commerce Department funding deal that could speed up R&D but may dilute shareholders if finalized; the company posted Q1 revenue of $4.4 million and an operating loss of $26.0 million.
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03 Jun
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