Today: 6 June 2026

Leokadia Głogulska

Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks

Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks

Sivers Semiconductors soared 65% in Stockholm after announcing its lasers will be used in GlobalFoundries’ silicon-photonics designs for AI data-center optical links. No financial terms, production timelines, or revenue forecasts disclosed. Sivers’ Q1 net sales fell 22%. Rosen Law Firm is investigating Sivers after a short report alleged accounting issues; Sivers’ OTC shares dropped 9.2% June 1.
2 June 2026
···
CoreWeave Wins Early Access to Nvidia AI Tech, Faces Debt Hurdle

CoreWeave Wins Early Access to Nvidia AI Tech, Faces Debt Hurdle

CoreWeave surged 13.96% to $124.82 after announcing the first validated launch of Nvidia’s Vera Rubin NVL72 system on its cloud. Q1 revenue hit $2.08 billion, backlog reached $99.4 billion, but net loss widened to $740 million and liabilities rose to $50.8 billion. Nvidia gained 6.26%. CoreWeave’s Vera Rubin rack claims up to 10x better inference per watt and one-tenth cost per million tokens versus Blackwell.
2 June 2026
···
ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Slips Premarket After Nvidia AI Surge

ServiceNow surged 9.24% to $135.86 Monday after Nvidia’s AI chip launch fueled software stock gains, but shares dropped 2.17% premarket Tuesday to $132.91. Investors bet AI agents will boost, not replace, enterprise software. Margin risks remain from acquisitions and slow Middle East deals. Q1 subscription revenue rose 22% to $3.67 billion; $1M+ Now Assist contracts jumped 130%. Armis deal expected to cut 2026 free cash flow margin by 200 basis points.
2 June 2026
·
Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin fell below $70,000 as Strategy disclosed its first bitcoin sale—32 coins for $2.5 million—to pay preferred stock distributions. The company still holds 843,706 bitcoin. U.S. spot bitcoin ETFs posted 11 straight days of redemptions, totaling $3.45 billion. Ether traded under $1,980. Crypto funds saw $1.67 billion in outflows last week. Iran halted indirect U.S. talks, sending Brent crude near $94.45.
2 June 2026
··
Anthropic Launches Claude AI Finance Agents to Take On Wall Street’s Grunt Work

Anthropic quietly files for IPO as Wall Street eyes AI deal flow

Anthropic filed confidential IPO documents in the U.S. after raising $65 billion at a $965 billion valuation, with run-rate revenue topping $47 billion in May. The Claude developer hasn’t disclosed share count or price. Analysts cite missing financial details and high spending on AI. IPO timing and terms remain unsettled; a public S-1 is the next key step. Tech shares surged 2.5% Monday as AI stocks drove the Nasdaq and S&P 500 to new highs.
2 June 2026
Mortgage Rates Dip Slightly But Main Hurdle Remains

Mortgage Rates Dip Slightly But Main Hurdle Remains

U.S. 30-year fixed mortgage rates hit 6.53%, the highest in nine months, Freddie Mac reported. Daily trackers showed slight dips, but rates remain elevated, stalling spring home sales. Mortgage applications dropped 8.5% for the week ending May 22. New home sales fell 6.2% in April. Rising Treasury yields and oil-driven inflation keep rates high. Inventories and asking prices are up in some regions, but buyers still face affordability pressures.
2 June 2026
·
SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi jumped 1.9% to $18.58 with over 96 million shares traded after last week’s SoFiUSD launch, ahead of a full rollout to nearly 15 million members in early June. BTIG flagged rising loan-loss trends as a risk for the lending business. SoFi posted record Q1 net revenue of $1.1 billion and net income of $167 million, but shares slipped in April after the company kept its 2026 revenue forecast unchanged.
2 June 2026
···
New Era Energy stock jumps as Russell index addition approaches

New Era Energy stock jumps as Russell index addition approaches

New Era Energy & Digital shares soared 20% to $5.75 after the company said it expects to join the Russell 3000 and Microcap indexes. Over 15.7 million shares traded. FTSE Russell’s first lists confirm NUAI as an addition. New Era recently expanded its Texas data center site to nearly 492 acres, closed a $115 million equity raise, and secured a $290 million credit line. Risks include project financing, operations, and pending litigation.
1 June 2026
·
D-Wave shares trade higher on new 2032 quantum plan

D-Wave shares trade higher on new 2032 quantum plan

D-Wave Quantum shares rose 1.2% to $30.50 after unveiling a gate-model quantum roadmap targeting 100 logical qubits by 2032. The company aims for a 17-physical-qubit system in 2026 and 181 by 2028. Q1 revenue dropped 81% to $2.9 million, while bookings hit $33.4 million. Cash and securities reached $588.4 million. D-Wave signed a letter for $100 million in possible CHIPS Act funding but warned its technology may face delays or miss targets.
1 June 2026
···
Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle surged over 8% to $244.73 after beating Q3 earnings forecasts and reporting a 44% jump in cloud revenue. Remaining performance obligations soared 325% to $553 billion. Oracle projects $67 billion in fiscal 2026 revenue and $50 billion in capital spending. Bearish bets surfaced, with a $1.07 billion put-options position disclosed. Investors now watch if AI contracts convert fast enough to offset heavy data-center costs.
1 June 2026
···
Full Truck Alliance Shares Little Changed After Fund Sale Flags YMM for Traders

Full Truck Alliance Shares Little Changed After Fund Sale Flags YMM for Traders

Full Truck Alliance (YMM) traded flat premarket after Cederberg Capital exited its $20 million stake in Q1. Shares closed Friday at $8.82, down 0.34%. Q1 results showed orders up 14.3% to 55 million, revenue up 5.5% to RMB2.85 billion, but net income fell to RMB994.1 million. Value-added services revenue dropped, and non-performing loans rose to 3.2%. Q2 revenue forecast trails last year. Board approved a $0.084 per ADS dividend.
1 June 2026
·
T. Rowe Price Names New President as Flows Remain a Challenge

T. Rowe Price Names New President as Flows Remain a Challenge

T. Rowe Price launches new leadership with Eric Veiel as president and co-head of Global Investments, while Rob Sharps stays CEO. Shares indicated up 0.9% premarket at $104.53. Net outflows hit $10.6 billion in April; assets under management fell by $65.9 billion in Q1. Net revenue rose 5.3% to $1.86 billion, EPS $2.52. Fee pressure and client withdrawals persist as rivals push cheaper products. Goldman plans to buy up to $1 billion in T. Rowe stock.
1 June 2026
·
US Stock Futures Edge Higher With Nvidia AI Bets in Focus

US Stock Futures Edge Higher With Nvidia AI Bets in Focus

Nvidia jumped 1.6% premarket after unveiling a new AI chip with Microsoft, while Microsoft rose 2.8%. Dow, S&P 500, and Nasdaq futures all pointed higher as of 05:18 a.m. ET. Brent crude surged nearly 3% to $94 on renewed Gulf attacks, pushing Treasury yields to 4.46%. AMD and Intel fell over 2% premarket. Investors await May jobs data and several Fed updates this week.
1 June 2026
····
Carnival Shares Up 8% for the Week With Weekend Risks Ahead

Carnival Shares Up 8% for the Week With Weekend Risks Ahead

Carnival shares closed Friday at $28.06, up 8% for the week, as cruise stocks rallied with the S&P 500’s ninth straight weekly gain. The company disclosed a cyber breach in April exposing sensitive data and began alerting affected individuals. Carnival declared a $0.15 dividend, posted $6.2 billion in revenue and $0.19 EPS last quarter, and said 2026 bookings rose double digits. Analysts’ average target is $34.01.
31 May 2026
·
Huntington stock jumps Friday, regional-bank bulls eye June

Huntington stock jumps Friday, regional-bank bulls eye June

Huntington Bancshares closed Friday at $16.36, up 1.49% on volume more than double average, outpacing regional peers. Shares rose 2.76% over five sessions but remain down 5.71% for 2026. Q1 net income hit $523 million, with adjusted EPS at 37 cents and net interest income up 33%. Cadence Bank integration wrapped in Q2. A 15.5 cent dividend is set for July 1 to holders as of June 17. Management speaks at Morgan Stanley on June 9.
31 May 2026
·
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.
31 May 2026
·
Bank of America faces another test this week after Friday rebound

Bank of America faces another test this week after Friday rebound

Bank of America shares dipped 0.4% for the week to $51.60 despite a Friday rebound, as investors eyed the upcoming U.S. jobs report for interest rate clues. CEO Brian Moynihan projected Q2 trading revenue up 15% year-over-year and said net interest income could hit the top of the 6–8% target range. For Q1, BAC reported $30.3 billion revenue net of interest expense, $8.6 billion net income, and $1.11 EPS.
31 May 2026
·
Snap stuck near $6 as legal bill hits $8 million and ads slow

Snap stuck near $6 as legal bill hits $8 million and ads slow

Snap Inc. agreed to pay $8 million in a $27 million settlement over a Kentucky school district’s lawsuit on social media addiction, as shares slid 3.38% to $5.71 Friday in heavy trading. The settlement, part of a bellwether case, comes with no admission of liability. Over 5,700 similar lawsuits are pending. Snap warned of weaker ad revenue tied to the Middle East conflict and lower North America growth after Q1 results.
31 May 2026
·
Meta stock slips as $10 billion Indiana AI data center plan collides with Ackman’s new stake

Meta Stock Waits for AI Weekend Signal

Meta shares closed at $632.51 Friday, down 0.44% for the day but up 3.6% for the week, outpacing the Nasdaq and S&P 500. Reports say Meta will test an AI-powered pendant next year as part of a broader wearables strategy, while Reality Labs posted a $4.03 billion loss last quarter. The board approved a quarterly dividend of 52.5 cents per share, payable June 25. Meta raised its 2026 capital expenditure forecast to $125-$145 billion. CEO Mark Zuckerberg said a cloud-computing unit is possible if AI expansion leaves extra datacenter capacity.
31 May 2026
··
1 2 3 4 5

Stock Market Today

  • Corebridge Financial (CRBG) Valuation Review Amid Recent Price Fluctuations
    June 6, 2026, 11:10 AM EDT. Corebridge Financial's (CRBG) stock has gained 1.7% in the past day but dropped 4.2% over the last month, trading at $26.86. The company shows mixed momentum with a 5.96% return over 90 days but an 11.56% decline year-to-date. Analysts place its fair value at $35.08, suggesting it is about 23.4% undervalued based on long-term earnings projections and a discount rate of 8.74%. Investments in AI and digital modernization have improved margins and reduced expenses. However, the stock's price-to-earnings ratio of 50.1 times is significantly higher than industry and peer averages, indicating a rich valuation that could amplify risks if growth assumptions falter. Investors should weigh potential mispricing against risks tied to future interest rate trends and partnership stability.

Latest articles

Altria Stock Outperformed in a Rough Week, With DC Still in Focus

Altria Stock Outperformed in a Rough Week, With DC Still in Focus

6 June 2026
Altria surged 2.25% to $72.19 Friday—defying a 2.6% S&P 500 drop—as investors weighed Senate scrutiny over FDA vape policy and a looming June 15 dividend cutoff; the stock gained 3.8% for the week, sits 3% below its 52-week high, and reaffirmed 2026 EPS guidance of $5.56–$5.72.
General Mills Stock Rises as Market Slips, But Gains Look Shaky

General Mills Stock Rises as Market Slips, But Gains Look Shaky

6 June 2026
General Mills (GIS.N) jumped 2.95% to $33.15 Friday as investors sought defensive stocks during a U.S. selloff, but the stock remains about 2% below last week’s close, with analysts’ average price target at $31 signaling downside risk amid weak sales and earnings; investors await July 1 results for signs of real recovery.
Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

6 June 2026
Berkshire Hathaway’s Class B shares jumped 1.98% to $488.13 after announcing $16.8 billion in deals—including the $6.8 billion Taylor Morrison buyout and a $10 billion private placement in Alphabet—even as the S&P 500 and Nasdaq plunged, marking CEO Greg Abel’s first major capital-allocation moves and shifting Berkshire from a cash-hoard to a deployment story.
Enphase Drops 18% Ahead of Market Open

Enphase Drops 18% Ahead of Market Open

6 June 2026
Enphase Energy plunged 18% to $56.07 Friday, underperforming solar peers as U.S. jobs data sent bond yields higher and revived interest rate fears; the stock ended the week 12% below Monday’s close, with Q1 revenue down 18% and U.S. demand off 48% from last quarter, putting Monday’s open in sharp focus for investors.
Coca-Cola Jumps as Tech Stocks Fall; Inflation Data May Set the Next Move

Coca-Cola Jumps as Tech Stocks Fall; Inflation Data May Set the Next Move

6 June 2026
Coca-Cola surged 3.46% to $79.48 Friday as investors flocked to defensive consumer-staples stocks after a hot U.S. jobs report triggered a tech selloff; heavy trading volume and a modest weekly gain outpaced rivals, with focus on affordability, emerging-market growth, and a potential 2027 India listing, while risks remain from inflation and energy prices.
Go toTop