Today: 3 July 2026

Iwona Majkowska

Iwona Majkowska is a financial markets journalist at TS2.tech, specializing in stocks, artificial intelligence and technology. A graduate of the Warsaw School of Economics, she previously worked in equity research and financial analysis before focusing on market reporting. Her daily coverage helps investors follow major developments across U.S. and global markets.

Nasdaq Falls After Unexpected Late Jobs Data

Nasdaq Falls After Unexpected Late Jobs Data

Stocks fell sharply Friday, pulled down by weakness in chipmakers. A strong jobs report pushed investors to bet the Fed will hang on to higher rates. The Dow Jones Industrial Average sank 439.25 points, or 0.85%, closing at 51,122.68. The S&P 500 dropped 138.07 points, or 1.82%, to 7,446.24. The Nasdaq Composite was down 823.61 points, or 3.07%, at 26,007.35. Jobs numbers shook trading. The Labor Department said nonfarm payrolls were up by 172,000 in May while jobless rate stayed at 4.3%. Gains came from leisure and hospitality, local government, and health care. Financial activities lost jobs.
5 June 2026
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AT&T Shares Rebound as SpaceX Threat Stays Front and Center

AT&T Shares Rebound as SpaceX Threat Stays Front and Center

AT&T Inc shares picked up 1.1% to $23.02 late Friday, recovering a bit after a tough week that saw a selloff as the company’s cash-return case faces a new test with SpaceX’s Starlink entering the picture. Verizon moved up 2.6%, and T-Mobile US gained 2.2%. The SPDR S&P 500 ETF, which tracks the broader market, dropped 2.4%. AT&T’s investment story has leaned on stable wireless numbers, fiber growth, and payouts for shareholders, but that got called into question this week. Oppenheimer put out a warning, and Reuters picked it up, saying SpaceX’s Starlink could shake up the $1.6 trillion U.S. communications industry. The note pointed to established broadband names like AT&T as possibly most exposed, with SpaceX expected to hit Nasdaq on June 12 at a $1.75 trillion valuation.
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 were off 5% at $397.42 by midday Friday, tracking losses in the tech sector. This comes after J.P. Morgan dropped its bearish view on the EV maker and upped its target on the stock to $475. Earlier in the day, Tesla reached $424.18. Mixed reaction to Tesla says a lot about where the trade is now. Wall Street isn't just looking at car sales and margin anymore. Investors are trying to figure out how to price future bets on robotaxis, robotics and AI, while rate worries still weigh on long-duration growth stocks.
5 June 2026
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Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure Corp. shares fell early Friday after the company set terms for an expanded $400 million sale of convertible senior notes. It's the latest move testing investor appetite as Keel ramps up spending on AI data centers. The stock last traded at $5.22, off 12.0% for the session. Shares moved in a $5.19-to-$5.44 band. Volume came to 11.55 million according to Google Finance, which put the company's market cap near $3.14 billion.
5 June 2026
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Curaleaf split takes effect in New York trading as uplisting aims stall

Curaleaf split takes effect in New York trading as uplisting aims stall

Curaleaf Holdings’ shares in Toronto began trading post-split on Friday, offering investors a new read on the cannabis firm’s ambitions for a bigger U.S. listing. CURA changed hands at C$15.88 around midday, bouncing in a range from C$14.73 to C$16.00, Investing.com data showed. Timing is in focus. Curaleaf’s move came just after Trulieve Cannabis announced its subordinate voting shares will list on the New York Stock Exchange, with trading set to start June 10 under "TRLV". Trulieve CEO Kim Rivers called the listing a “major advancement for Trulieve and the industry.”
5 June 2026
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Reddit Moves Higher Ahead of Open After $260 Wall Street Target

Reddit Moves Higher Ahead of Open After $260 Wall Street Target

Reddit Inc. shares traded up ahead of Friday’s session, building on Thursday’s big jump. Loop Capital kept its Buy call and $260 target, which the firm says is where the stock could go. Google Finance had Reddit at $185.60 before the bell, up 0.92%. The stock finished Thursday at $183.91, an 8.51% gain. The call is back in focus as Reddit’s slide looks more like a valuation reset than a change in story. StockStory pointed to a Loop report that put upside at over 50% from shares trading near $169, mentioning Reddit’s revenue growth, its ad monetization, and its AI data licensing—payments for Reddit content used by artificial-intelligence tools.
5 June 2026
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Nu Holdings Unveils $1 Billion Buyback; Investors Cautious

Nu Holdings Unveils $1 Billion Buyback; Investors Cautious

Nu Holdings Ltd. shares are set for Friday’s U.S. trade with a $1 billion buyback in place, while investors still want clarity on management. The ADRs last changed hands at $12.12, up 4.1% at Thursday’s close after the buyback announcement. Timing is key. Nubank shares dropped earlier this week after the company named Rob Livingston, who used to be at Visa, as its new CFO. He takes over from longtime finance boss Guilherme Lago on July 13. BofA Securities’ Mario Pierry downgraded Nubank to Underperform, slashing his price target to $10 from $16. Pierry said in a note that Lago “was one of the company’s most important executives” and the move “adds uncertainty.”
5 June 2026
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Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

Social Security’s main fund is on track to run short in about 2032, leaving retirees with about $500 less each month if Congress does nothing, according to a new report from the Committee for a Responsible Federal Budget. The group said this week that a 24% cut would drop average monthly checks by $459 to $556 in every state and Washington, D.C. Timing is an issue ahead of the Social Security Administration’s next annual trustees report, expected in the next few weeks. The report will restart the countdown on a program that delivers monthly payments to tens of millions. Last year, the trustees had the Old-Age and Survivors Insurance Trust Fund, or OASI, running at full benefits through 2033. But the agency later pulled that date forward to Q4 2032 after a tax change cut revenue from taxes on benefits.
5 June 2026
Nvidia Stock Steady Even as AI Chip Trade Falters

Nvidia Stock Steady Even as AI Chip Trade Falters

Nvidia traded above $218 ahead of the U.S. session Friday. The world’s largest AI-chip name heads into the day with chip stocks under a cloud, after a Broadcom-driven drop weighed on the sector. Shares last traded at $218.66, up $3.95, or nearly 1.8%. That gives the company a market cap around $5.33 trillion. Premarket action is often thin and fast, and the moves don’t always stick when the main market opens at 9:30 a.m.
5 June 2026
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Solidion Stock Soars 357%, Focus Turns to Friday Open

Solidion Stock Soars 357%, Focus Turns to Friday Open

Solidion Technology Inc shares are under pressure Friday morning after leaping 356.94% to $22.71 on Thursday. The rally came after Solidion unveiled its new patented battery platform, which it says can work in extreme conditions—targeting satellites, lunar equipment and low-Earth-orbit AI data centers. Low Earth orbit refers to space close to the planet, where most satellites are positioned. STI flipped from a sleepy micro-cap name to one of the market’s sharper one-day movers. Traders started to reprice the stock after a claim tying together space infrastructure, AI computing, and next-gen batteries hit. That puts Friday in focus as the first full session since that move.
5 June 2026
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XRP Edges Closer to $1 as Bulls Watch

XRP Edges Closer to $1 as Bulls Watch

XRP slipped toward $1.13 Friday, hitting four-month lows. Traders weighed signs of new institutional buying against a chart that hasn’t responded to bullish headlines. XRP, the token tied to Ripple, fell sharply Thursday, slipping from $1.2360 to $1.1497 within 24 hours, according to CoinDesk. It briefly traded near $1.14 before seeing a small recovery. CoinGecko quoted XRP at around $1.13, down 3.6% in the last day and off 13.8% for the week. XRP’s market cap is about $70 billion.
5 June 2026
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BitMine touts 9.5% yield on Ether, but Tom Lee’s crypto firm adds conditions

BitMine touts 9.5% yield on Ether, but Tom Lee’s crypto firm adds conditions

BitMine Immersion Technologies filed a plan to sell 3 million Series A perpetual preferred shares. The shares come with a 9.50% yearly dividend. If all are sold at $100 each, the raise would total $300 million. According to the preliminary prospectus, dividends are set to be paid out weekly in cash when the board declares them. Digital-asset treasury companies want to keep buying crypto but don’t want to rely just on common-stock deals, keeping an eye on crypto prices and their own securities as they trade lower. BitMine, chaired by Fundstrat’s Tom Lee, is now using a model usually seen at bitcoin-heavy companies like Strategy and Strive, but this time for an Ethereum treasury.
5 June 2026
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Nokia drops after fast AI rally, traders stay focused

Nokia drops after fast AI rally, traders stay focused

Nokia Oyj dropped 6.15% in Helsinki on Thursday, snapping a three-day run as traders weighed how much of the company’s AI push was already priced in. Shares finished at 13.895 euros. The Finnish network-equipment stock had climbed 8.45%, 6.76%, and 2.39% over the first three sessions this month. Nasdaq Helsinki was closed when this was published. The exchange’s regular hours are 10:00 a.m. to 6:25 p.m. EEST, Monday through Friday. Thursday’s finish is the latest available.
5 June 2026
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ASML Trading Close to €1,500 After New Wall Street Backing

ASML Trading Close to €1,500 After New Wall Street Backing

ASML Holding shares nearly hit €1,500 in Amsterdam on Thursday, building on their AI-fueled rally. The stock got a boost after two brokerages lifted their price targets. Its key end-market is still seeing tight supply. ASML is getting attention right now since it’s right at the main bottleneck in the AI supply chain. Its extreme ultraviolet lithography machines, or EUV tools, use light to print tiny circuit designs onto silicon wafers. That process is required for building top-end chips.
4 June 2026
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Dow Jumps as Oil Drops; Wall Street Watches Broadcom AI Moves

Dow Jumps as Oil Drops; Wall Street Watches Broadcom AI Moves

Dow Jones hit a record high Thursday, lifted by gains in healthcare and financial names and as oil fell. Buying in those sectors outweighed a slide in Broadcom that weighed on the Nasdaq, keeping the tech index in check. Dow jumps 810 points, S&P and Nasdaq higher at close, Reuters says The Dow finished up 809.88 points, or 1.60%, closing at 51,496.83, according to preliminary numbers from Reuters. S&P 500 advanced 39.74 points, or 0.53%, to 7,593.42. Nasdaq Composite ended the session up 60.69 points, or 0.23%, at 26,915.12.
4 June 2026
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Oscar Health gains after Wells Fargo upgrade

Oscar Health gains after Wells Fargo upgrade

Oscar Health stock popped Thursday afternoon after Wells Fargo scrapped its bearish view on the health insurer. The bank said the 2026 individual exchange market doesn’t seem as stressed as it once thought. The stock gained 15.5% to $23.68, just under its session high of $23.71. About 7.5 million shares changed hands. Shares finished at $20.50 on Wednesday.
4 June 2026
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Keel Slides After AI Data Center Run-Up; Power Bottleneck in Focus

Keel Slides After AI Data Center Run-Up; Power Bottleneck in Focus

Keel Infrastructure Corp shares fell in midday trading on Nasdaq on Thursday, cooling off after a sharp rally that brought the AI infrastructure name near its 52-week high. The stock last changed hands at $6.05, off 1.7%. Volume came in around 28.4 million shares. Shares started the session at $5.85, trading in a range between $5.67 and $6.18, after a $6.15 close on Wednesday, according to Tiger Brokers.
4 June 2026
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Foxx Development Shares Surge After Traders Spot Moves in FOXX Filings

Foxx Development Shares Surge After Traders Spot Moves in FOXX Filings

Foxx Development Holdings Inc. surged more than 100% in early Nasdaq action Thursday, with shares making one of the morning’s biggest jumps among U.S. names. No fresh company news appeared to drive the move from the small consumer-electronics maker. The stock last traded at $5.96, up $3.10 from where it settled Wednesday. Shares swung between $3.86 and $7.59 in the session. Volume crossed 58 million shares. The company’s market cap was about $42 million.
4 June 2026
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Snap Shares Climb as Debt Markets Send Signal

Snap Shares Climb as Debt Markets Send Signal

Snap Inc. shares climbed almost 7% late Thursday morning after S&P Global Ratings upgraded the company’s credit rating and gave a positive outlook for the coming year. The stock was at $6.13 around 10:52 a.m. EDT, 40 cents higher from Wednesday’s close. Trading volume was near 17.7 million shares. S&P’s upgrade is key for Snap as it attempts to leave behind its days as a high-growth, unprofitable app and show it can cover its own costs. A credit rating tracks a borrower's capacity to pay back what it owes; S&P considers anything under BBB- as speculative or junk, so investors usually want a higher yield for that risk.
4 June 2026
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Dow Rallies, Nasdaq Lags as AI Slump Drags Tech Shares

Dow Rallies, Nasdaq Lags as AI Slump Drags Tech Shares

Dow jumps over 700 points as health-care, financials climb, Nasdaq drops The Dow Jones Industrial Average shot up more than 700 points on Thursday. Buyers moved into health-care and financial stocks. AI-related shares slid, pulling the Nasdaq down. The Dow rose 748.66 points, or 1.48%, to 51,435.73 late morning in New York. The S&P 500 slipped 0.10% and the Nasdaq Composite was down 0.78%. Brent crude lost 2.93% to $94.94. The 10-year Treasury yield hovered near 4.456%. The Dow covers 30 major U.S. firms; the Nasdaq leans more on tech.
4 June 2026
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Stock Market Today

  • United Fire Group (UFCS) Jumps 8.8% in a Week, Topping Industry Gains
    July 3, 2026, 1:49 PM EDT. United Fire Group (UFCS) shares climbed 8.82% in the past week, beating out the Zacks Insurance - Property and Casualty industry, which added 6.19%. UFCS carries a Momentum Style Score of B and holds a Zacks Rank #1 (Strong Buy), showing strong price action and recent positive earnings estimate moves. For the past year, UFCS stock is up 91.51%, outpacing the S&P 500's gain of 21.37%. Average 20-day volume sits at 157,423 shares, pointing to steady trading interest. The numbers back UFCS as a momentum play in property and casualty insurance.
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