Today: 2 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

TSMC stock faces Monday test after Nvidia CEO says he needs ‘a lot of wafers’

TSMC stock faces Monday test after Nvidia CEO says he needs ‘a lot of wafers’

TAIPEI, Feb 1, 2026, 23:07 — Market closed. Shares of Taiwan Semiconductor Manufacturing Co., Ltd. are set to draw attention when trading restarts Monday. Nvidia CEO Jensen Huang, speaking in Taipei, said he’ll need “a lot of wafers” from TSMC this year to fuel AI chip demand. For clarity, wafers are the silicon slices used in chip production. TSMC’s C.C. Wei declined to take questions, but Huang mentioned the company could boost capacity by “much more than 100%” over the next decade.
Broadcom stock price: Wolfe’s $400 call keeps AVGO in play heading into Monday

Broadcom stock price: Wolfe’s $400 call keeps AVGO in play heading into Monday

New York, February 1, 2026, 09:57 EST — The market has closed. Broadcom closed Friday just 0.2% higher at $331.30 following an upgrade from Wolfe Research’s Chris Caso, who raised the stock to a buy rating with a $400 target. Caso highlighted the rising importance of TPUs—Alphabet’s custom AI chips—saying, “We can no longer ignore the growth and strength” of the technology.
1 February 2026
Tesla stock jumps on SpaceX-xAI merger chatter; what TSLA traders watch next week

Tesla stock jumps on SpaceX-xAI merger chatter; what TSLA traders watch next week

New York, Feb 1, 2026, 09:50 EST — Market closed. Tesla shares climbed 3.3% to close at $430.41 on Friday, following reports that Elon Musk’s SpaceX is considering a deal that might bring Tesla closer to his AI startup, xAI. Earlier, the stock had jumped nearly 5%. Andrew Rocco, a strategist at Zacks Investment Research, said such a merger could be “dramatically” positive for investors.
1 February 2026
Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

NEW YORK, Feb 1, 2026, 09:48 EST — Market closed Saks Global is pulling the plug on its “Saks on Amazon” deal with Amazon.com, according to a source familiar with the move, as the retailer navigates Chapter 11 bankruptcy. The partnership originated from Amazon’s $475 million investment earlier this year and obligated Saks to shell out at least $900 million over eight years. Amazon’s shares dropped 1.0% to $239.30 on Friday. A company spokesperson noted the luxury store is “adding more luxury brands regularly.”
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Stock Market Today

  • Cramer’s Top 10: Jobs Miss, Upgrades for Palantir and Airlines, OpenAI’s Government Plan
    July 2, 2026, 9:20 AM EDT. Jim Cramer's July 2 watchlist points to a lighter-than-forecast June jobs report-nonfarm payrolls up just 57,000, well below the 115,000 expected. That pushed Treasury yields lower and futures up. OpenAI is reportedly offering the U.S. government a 5% stake to let it in on AI gains. Palantir saw DA Davidson boost the stock to buy, setting a target for 40% upside. Nvidia is rolling out a model where AI startups get compute power in exchange for a piece of revenue. Meta laid out fresh plans for cloud AI. Honeywell Aerospace, Delta, and United picked up upgrades as supply and fuel costs improved. DuPont's price target saw a small bump.
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