Today: 2 June 2026

Jerzy Lewandowski

Archer Aviation Rises as Air-Taxi Hopes Return

Archer Aviation Rises in Short Trading Week; Monday Poses Next Challenge

Archer Aviation shares closed Friday at $6.81, up 7.1% for the holiday-shortened week, with 56.89 million shares traded. The company became the first eVTOL firm to close Phase 3 of FAA type certification. Q1 net loss widened to $217.7 million; R&D expense jumped 65.6%. Archer expects U.S. operations to start this year under the eVTOL Integration Pilot Program. Canaccord cut its target to $12 but kept a Buy rating.
Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple shares closed Friday at $312.06, near record highs, after hitting $315 during the session. The stock rose about 1% for the holiday-shortened week. Investors await Apple’s Worldwide Developers Conference starting June 8, where new AI features are expected. Analyst Wamsi Mohan raised his price target to $380, citing the need for Siri to become more capable with agentic AI.
HPE stock hits record ahead of earnings as AI server trade faces new test

HPE stock hits record ahead of earnings as AI server trade faces new test

Hewlett Packard Enterprise shares closed at a record $43.04 Friday, up 12.64% after Dell’s earnings fueled gains in AI server stocks. HPE hit an intraday high of $44.58 on heavy volume. The company reports fiscal Q2 results after the close Monday, with investors focused on AI server orders and networking performance following the Juniper acquisition.
POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Shares: Looking to Monday After Recent Swings

POET Technologies shares fell 7.3% Friday to $12.29, down nearly 16% for the week, while the Nasdaq rose 2.4%. The company raised $400 million in a direct offering but faces lawsuits and uncertainty after losing Celestial AI orders. Q1 revenue was $503,389 with a $12.3 million net loss. CEO Suresh Venkatesan said production capacity is expanding tenfold.
31 May 2026
Micron Hits $1 Trillion, Week Ahead Could Decide Its Fate

Micron Hits $1 Trillion, Week Ahead Could Decide Its Fate

Micron Technology’s market cap topped $1 trillion this week as shares closed at $971 Friday, up 5.14%. Analysts at UBS, Susquehanna, and DA Davidson sharply raised price targets, citing tight high-bandwidth memory supply and rising AI demand. Micron posted Q2 revenue of $23.86 billion in March and guided for $33.5 billion in Q3. Samsung began shipping its new HBM4E chip to customers Friday, intensifying competition.
Oklo Stock Higher After Plutonium-Fuel Update

Oklo Stock Higher After Plutonium-Fuel Update

Oklo shares closed at $66.88 Friday, down 1.78%, after a week of gains sparked by news the U.S. Department of Energy selected the company for advanced talks on using surplus plutonium as reactor fuel. Trading volume reached 27.67 million shares. Oklo reported a first-quarter net loss of $33.1 million and ended March with $2.54 billion in cash and equivalents.
Quanta Services Stock Pauses; What’s Next for PWR

Quanta Services Stock Pauses; What’s Next for PWR

Quanta Services shares fell 2.5% Friday to $711.73, capping a 1.6% decline for the Memorial Day-shortened week. The stock remains nearly 10% below its May 6 peak. Investors weigh a $1 billion buyback, a recent Oppenheimer upgrade, and ongoing risks tied to power-grid and data-center projects. Quanta’s board approved an $0.11 dividend, payable July 13 to shareholders of record July 1.
30 May 2026
Coupang Shares Recover This Week, with June in Focus

Coupang Shares Recover This Week, with June in Focus

Coupang shares closed at $16.60 on May 29, up 2.47% for the day but still down about 20% from early May after first-quarter losses. Net revenue rose 8% to $8.5 billion, while net loss reached $266 million. A $5 million class action over a data breach is set for a June 17 conference in New York. South Korea’s privacy regulator may announce penalties soon after probing a leak affecting 33.6 million accounts.
30 May 2026
SLB Stock Drops From 52-Week High as Traders Eye AI Deal

SLB Stock Drops From 52-Week High as Traders Eye AI Deal

SLB shares closed at $54.55 Friday, down 1% and marking a third straight loss after hitting a 52-week high of $58.82 earlier in the week. The company agreed to acquire software firm Tachyus and expanded its digital partnership with Vår Energi. Oilfield-services stocks, including Halliburton and Baker Hughes, also declined. Investors remain focused on oil prices and Middle East risks.
Atlassian Jumps 26% in a Week as Shares Surge

Atlassian Jumps 26% in a Week as Shares Surge

Atlassian shares surged 15.35% Friday to $107.61, closing the week up about 26% after strong quarterly results and rising cloud revenue. After-hours trading lifted the stock to $108.50. U.S. software stocks rebounded as Snowflake and Dell posted gains, easing AI-related concerns. The Nasdaq closed up 2.39% for the week.
30 May 2026
Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir shares rose 9.2% to $156.54 Friday, marking their strongest two-day rally since April 2025. The move followed upbeat AI-driven results from Dell and Snowflake, with Palantir raising its 2026 revenue outlook to as much as $7.66 billion. First-quarter revenue jumped 85% to $1.63 billion, beating estimates. Palantir’s price-to-earnings ratio reached 176, far above most peers.
Ondas Wins $110 Million Order, but Share Overhang Lingers

Ondas Wins $110 Million Order, but Share Overhang Lingers

Ondas Inc. reported over $30 million in new orders for May, raising its Q2 total above $110 million. Shares closed after-hours near $13.22 after trading between $11.62 and $13.48 on volume of 141.9 million. New filings showed increased share activity tied to acquisitions and incentive plans. Shareholders approved raising authorized shares to 1.2 billion and expanded the stock incentive plan.
30 May 2026
Zeta Global up 13% as traders move on AI, options hunt

Zeta Global up 13% as traders move on AI, options hunt

Zeta Global shares surged 13.43% to $22.89 Friday, with trading volume at 15.35 million, far above average. Heavy call-option activity and a new loyalty-data study fueled interest in the AI marketing software firm. The company reported Q1 revenue up 50% year-over-year to $396 million and raised its 2026 revenue outlook. Broader AI and software stocks also rallied as Wall Street indexes hit record highs.

Latest articles

T1 Energy Shares Reach Record; What Comes Next Is Uncertain

T1 Energy Shares Reach Record; What Comes Next Is Uncertain

2 June 2026
T1 Energy Inc. surged 12.5% to a record $12.18 as investors bet on its solar modules for AI data centers, outpacing peers after strong Q1 results and bullish options activity; the rally lifted shares above recent analyst targets, but risks remain with single-customer reliance, pending $400M+ factory financing, and ongoing debate over tax-credit eligibility.
Redwire’s Space Surge Pauses as Jefferies Lowers Rating

Redwire’s Space Surge Pauses as Jefferies Lowers Rating

2 June 2026
Redwire shares rose 0.7% after Jefferies cut its rating to “Hold,” warning the stock’s 223% year-to-date rally outpaced fundamentals, with adjusted EBITDA expected to stay negative in 2026; as SpaceX’s record IPO looms, Redwire’s backlog hit a record $498.1 million, but risks include unconverted orders and a recent share sale that raised $63.5 million while increasing share count.
BlackBerry Stock Hits 52-Week High as Traders Watch BB

BlackBerry Stock Hits 52-Week High as Traders Watch BB

2 June 2026
BlackBerry shares surged 4.2% to a 52-week high of $10.26 as investors piled in on QNX robotics-software momentum, FedRAMP security recertification, a renewed buyback, and heavy investor-conference attention, but with a price-to-earnings ratio of 114, the stock’s rapid $2.1 billion market cap jump faces a critical test at the June 25 earnings report.
Grab Stock Barely Moves. Its Bank Bet Is the Real Test Now

Grab Stock Barely Moves. Its Bank Bet Is the Real Test Now

2 June 2026
Grab Holdings slipped 0.3% to $3.60 as investors weighed its 24% Q1 revenue jump and $120 million profit against unchanged full-year guidance and ongoing concerns about costs and risks tied to its Superbank consolidation, digital banking exposure, and consumer spending pressures.
Bitmine Faces Market Jolt as $11.6B Ether Position Hits Rough Patch

Bitmine Faces Market Jolt as $11.6B Ether Position Hits Rough Patch

2 June 2026
Bitmine shares plunged 6.5% to $17.62 after the company revealed its ether holdings hit 5.42 million tokens, exposing investors to a $502 million drop in ETH value as the token slid 4%, underscoring the stock’s sensitivity to crypto price swings and Bitmine’s shift from bitcoin mining to massive ether bets.
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