Today: 6 June 2026

Leokadia Głogulska

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
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Disney Stock Dropped Going Into Weekend; More Than Box Office at Stake

Disney Stock Dropped Going Into Weekend; More Than Box Office at Stake

Disney shares fell 1.83% to $101.83 by Friday, underperforming the S&P 500’s gain. Volume topped 13.3 million shares, well above average. Investors focused on regulatory pressure, streaming changes, and softening park demand despite Disney’s recent earnings beat. Free cash flow dropped to $2.66 billion in the first half, down from $5.63 billion a year ago.
30 May 2026
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Wall Street’s ‘fear gauge’ sinks to four-month low as stocks make new highs

Wall Street’s ‘fear gauge’ sinks to four-month low as stocks make new highs

The VIX closed at 15.32 on Friday, its lowest in over four months, as U.S. stocks set new records and demand for short-term options protection fell. The S&P 500 notched a ninth straight weekly gain, with the Dow and Nasdaq also closing at all-time highs. Dell Technologies surged after reporting record revenue, while tech shares led mixed gains. The VIX has dropped for three straight sessions, despite ongoing market risks.
30 May 2026
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Ciena drops 13% after earnings surprise as AI network demand meets mixed market reaction

Ciena drops 13% after earnings surprise as AI network demand meets mixed market reaction

Ciena shares closed Friday at $580.23, down 0.6% for the week ahead of its June 4 earnings release. Options imply a 13% swing on results, with analysts forecasting Q2 EPS of $1.45 on $1.5 billion revenue. The stock is up over 140% in 2024, driven by AI data center demand. Morgan Stanley kept its Equalweight rating, citing possible margin pressure despite strong sales.
30 May 2026
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Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune Group shares soared 85% to $8.64 Friday after the company said it will resubmit its advanced melanoma drug RP1 to the FDA, which agreed to a priority review. The FDA had rejected the therapy in April, citing lack of a control group. Replimune plans to file again within days and will present new trial data at an oncology meeting May 30. Bristol Myers fell 0.6%, while Iovance dropped 6.5%.
29 May 2026
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3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Direxion Daily Semiconductor Bull 3X Shares (SOXL) traded just above $220 early Friday, down from a $224.63 close after a steep rally tied to AI chip demand. A $100,000 investment in SOXL a year ago would have grown to about $1.28 million by May 27, according to 24/7 Wall St. Nvidia posted record quarterly revenue of $81.6 billion, mostly from data centers. U.S. technology funds saw $2.75 billion in inflows last week.
29 May 2026
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ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance is developing custom AI chips and CPUs for its data centers and has reportedly agreed to buy millions of Qualcomm’s ASICs, Bloomberg reported. The company is working on Arm and RISC-V architectures and has contacted outside partners for chip design and manufacturing, according to Reuters. Qualcomm shares rose 2.1% after the news. ByteDance faces higher CPU prices from Intel and AMD and long lead times.
29 May 2026
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Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell stock catches Wall Street’s AI hardware attention

Dell shares jumped $87.50 to $404.55 Friday after the company raised its full-year outlook and reported quarterly revenue up 88% to $43.84 billion. AI-optimized server sales reached $16.1 billion, surpassing PC revenue. Dell booked $24.4 billion in AI orders and secured a $9.7 billion U.S. War Department contract. The company warned that rising memory costs and supply risks could pressure margins.
29 May 2026
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Dimon signals possible return of $20 billion JPMorgan deal

Dimon signals possible return of $20 billion JPMorgan deal

JPMorgan Chase CEO Jamie Dimon said the bank could spend $10 billion to $20 billion on an acquisition in the next few years and expects $40 billion to $50 billion in excess capital. JPMorgan reported $16.5 billion net income for Q1 and record markets revenue. Shares fell nearly 3% Wednesday after the bank raised its 2026 expense target to $106 billion. Dimon did not specify a sector or target for any deal.
29 May 2026
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HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
29 May 2026
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Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic shares rose 19.53% Thursday to $4.53, their highest close in weeks, with trading volume nearly four times the 50-day average. The company resumed VSS Unity glide flights in New Mexico and plans further tests ahead of commercial launches. A judge approved a $2.75 million shareholder suit settlement, with insurers paying. Virgin Galactic posted a Q1 net loss of $64.7 million on $227,000 revenue.
29 May 2026
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Stock Market Today

  • WELL Health Technologies Strengthens Leadership Amid Public-Sector Digital Health Push
    June 6, 2026, 12:23 PM EDT. WELL Health Technologies (TSX:WELL) appointed Dr. Andrew Bond as Chief Health Officer and Derek Clark as Chief Operating Officer to bolster clinical governance and operations. These hires support WELL's strategy to deepen engagement with public health systems and expand its digital health network in Canada. The company recently surpassed a CA$100 million annualized Adjusted EBITDA run rate, underscoring reliance on efficient clinic acquisitions. While leadership aims to enhance integration and government partnerships, regulatory risks and concentration in Canada remain challenges. Analysts project WELL's revenue reaching CA$1.8 billion by 2029, with fair value estimates suggesting potential upside of 44%. Investors should weigh these developments against data privacy concerns and execution risks in the evolving digital health landscape.

Latest articles

Energy Transfer Streak Ends; Next Week in Focus

Energy Transfer Streak Ends; Next Week in Focus

6 June 2026
Energy Transfer fell 1.17% to $19.39, snapping a four-day winning streak as U.S. stocks and oil prices dropped sharply, but still gained 1.1% for the week; investors now face uncertainty over CEO succession, commodity price swings, and project spending, with Monday’s session set to test whether Friday’s decline signals a broader turn for midstream energy stocks.
Philippine Airlines adds ex-Malaysia Airlines boss to board as A350 ramp picks up

Philippine Airlines adds ex-Malaysia Airlines boss to board as A350 ramp picks up

6 June 2026
Philippine Airlines appointed ex-Malaysia Aviation Group chief Izham Ismail and former Shell Philippines chair Edgar Chua as independent directors as it expands long-haul routes with new Airbus A350-1000s; the move comes amid rising operating costs, margin pressures, and uncertainty over aircraft deliveries, even as 2025 net income rose 6.1% to $160.4 million on $3.22 billion revenue.
SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

6 June 2026
SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.
Clorox Shares Gain 5% As Broader Market Drops—What’s Ahead

Clorox Shares Gain 5% As Broader Market Drops—What’s Ahead

6 June 2026
Clorox surged 5.03% to $94.14 Friday, defying a 2.64% S&P 500 drop, as investors sought safety despite CEO-transition risk, weak organic sales guidance, and looming U.S. inflation data; the stock remains 28.7% below its 52-week high after a week marked by management uncertainty and a challenging consumer environment.
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