Today: 5 June 2026

Marcin Frąckiewicz

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

Credit ‘Cockroach’ Jitters Shake Markets: Stocks Slide Globally as Gold Hits Record High

Credit ‘Cockroach’ Jitters Shake Markets: Stocks Slide Globally as Gold Hits Record High

Global stocks tumbled Thursday as fresh U.S. regional bank troubles triggered a worldwide selloff. The Dow fell 410 points, while Zions Bancorp and Western Alliance shares dropped 10% after disclosing bad loans and alleged fraud. Gold hit a record $4,378/oz as investors rushed to safe havens. Europe’s bank index slid 2.7%, and major Asian markets closed sharply lower.
17 October 2025
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Reliance Q2 Results Boost Investor Hopes – Double-Digit Growth, Jio IPO Buzz & Stock Breakout?

Reliance Q2 Results Boost Investor Hopes – Double-Digit Growth, Jio IPO Buzz & Stock Breakout?

Reliance Industries is expected to report Q2 FY26 net profit of ₹18,000–21,000 crore, up about 10% year-on-year, with revenue rising to ₹2.52–2.57 lakh crore. The gains are driven by strong oil-to-chemicals margins and growth in Jio and retail. The stock has rebounded 4% in October after a post-Q1 drop. Investors await updates on a potential Jio IPO and progress in new energy and AI initiatives.
17 October 2025
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Big Pharma’s Billion-Dollar Bet: Inside Eli Lilly’s $5B Virginia Factory and America’s New Drug Manufacturing Boom

Eli Lilly (LLY) Surges on Obesity Drug Boom and Alzheimer’s Breakthroughs – Is $1,000 Next?

Eli Lilly shares hit a record $832 intraday on Oct. 1, fueled by demand for its obesity drugs and Alzheimer’s advances, before slipping 4% after Donald Trump pledged to cut weight-loss drug prices. Lilly’s Mounjaro and ZepBound now hold 57% of U.S. GLP-1 prescriptions, outpacing Novo Nordisk. First-half 2025 revenue jumped about 40% year-on-year. Most analysts remain bullish, despite valuation and policy concerns.
17 October 2025
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Bank of America (BAC) Stock Soars on Earnings Beat – Can It Keep Climbing?

Bank of America (BAC) Stock Soars on Earnings Beat – Can It Keep Climbing?

Bank of America shares traded near $50 midday Friday, down about 1.5% after a 3.5% drop Thursday erased post-earnings gains. The bank reported Q3 net income of $8.5 billion and revenue of $28.1 billion, both above estimates. BAC raised its Q4 net interest income outlook and boosted its dividend. Analyst price targets rose after earnings, with the average 12-month target at $56.
17 October 2025
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Palantir’s Shocking Reinvention: From Secretive Spy Tech to $400B Cult Lifestyle Brand

Palantir (PLTR) Stock Soars 300% on AI Mega-Deals – Boom or Bubble Ahead?

Palantir shares traded near $178–$180 on October 17, 2025, up 300% year-to-date and just below August’s record high. The surge follows major AI contracts, including a $10 billion U.S. Army deal and a new partnership with Snowflake. Q2 revenue rose 48% to $1.03 billion, with profit at $327 million. At $180 per share, Palantir’s valuation exceeds $425 billion, drawing both bullish targets and warnings of a bubble.
17 October 2025
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Amazon Stock Today: AI Ambitions, $2.5B Twist, and $3 Trillion Dreams

Amazon Stock Rebound Stalls: AI Ambitions, $2.5B Settlement & the $3 Trillion Question

Amazon shares traded near $214 on Oct. 17 after falling almost 5% from $228 last week during a tech sector sell-off. Year-to-date, the stock is up about 3%, trailing the Nasdaq’s 15% gain. The company recently settled an FTC probe for $2.5 billion and announced new AI initiatives, but remains roughly 10% below its February 2025 high.
17 October 2025
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Novo Nordisk’s $5.2 Billion Bet to Reverse Fatty Liver Disease – Game-Changer or Big Gamble?

Novo Nordisk’s Weight-Loss Crown at Risk? NVO Stock Slumps Amid Surprise Deals – What’s Next

Novo Nordisk shares fell 6.7% in Copenhagen on Oct. 17, 2025, and U.S. pre-market quotes pointed to a further 4.8% drop. The stock has lost over 40% year-to-date, erasing hundreds of billions in value. Recent acquisitions and job cuts have not reversed investor caution, as competition from Eli Lilly intensifies and analysts warn of more profit downgrades.
17 October 2025
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Oracle’s ‘Truly Awesome’ AI Cloud Quarter Sends Stock Soaring 36%, Making Ellison World’s Richest

Oracle’s $300B AI Cloud Bet Sends Stock Soaring – Trillion-Dollar Dreams Awaken

Oracle shares surged over 36% on September 10, 2025, after announcing $300 billion in new AI cloud contracts, including a major deal with OpenAI. The stock hit an all-time high near $345, then pulled back on margin concerns but remains up about 70–80% year-to-date. Fiscal Q1 revenue rose 12% to $14.93 billion, driven by 28% cloud growth. Oracle’s backlog soared to $455 billion, up 359% from a year earlier.
17 October 2025
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Apple’s July 2025 Bombshells: Foldable iPhone, AI Secrets, Encryption Showdown & More

Apple Stock Surges on New Products and iPhone 17 “Supercycle” – Analysts Split on AAPL’s Next Move

Apple shares hovered near $247–$249 this week, just below their record high. On Oct. 15, Apple launched new M5 chip devices, including a refreshed MacBook Pro and Vision Pro headset, without raising prices. Early iPhone 17 sales are running 10–15% above last year’s launch. CEO Tim Cook remains, but succession plans are in motion, with John Ternus seen as a likely successor.
17 October 2025
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Nvidia’s $4 Trillion AI Stock Surge: Record Highs, Mega Deals & Bold Forecasts

Nvidia Stock Whipsaws as AI Boom Clashes with New Risks

Nvidia shares hovered near $182 on October 17 after swinging from a record $195 earlier in the month. Surging AI chip demand pushed last quarter’s revenue up 56% to $46.7 billion, with data-center sales at $41 billion. AMD’s recent chip wins and U.S.–China trade tensions have raised concerns. Nvidia reports earnings November 19; most analysts remain bullish with price targets above $210.
17 October 2025
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AST SpaceMobile (ASTS) Stock Skyrockets on Verizon Deal – Is Satellite-to-Phone Broadband the Next Big Thing?

AST SpaceMobile Stock Shoots for the Stars on Verizon Deal – What’s Next for ASTS?

AST SpaceMobile stock hit an intraday record near $99 this week after announcing a Verizon partnership for space-based cellular service. Shares have surged over 300% in 2025, pushing the company’s market value to about $30 billion despite minimal revenue. Wall Street remains split on valuation, with short interest above 20%. ASTS is rapidly spending to build its satellite network and expects pilot revenues later this year.
17 October 2025
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The $350B Shake-Up: How AI Summaries Rewire Publisher Traffic

Alphabet (GOOGL) Stock Soars on AI Boom & Ad Rebound – $3 Trillion Valuation in Sight?

Alphabet shares hovered near $252 on Oct. 17 after hitting a 52-week high of $256, lifting its market value to about $2.97 trillion. The stock is up over 30% in 2025, far outpacing the S&P 500. Q2 cloud revenue jumped 32% year-over-year, and ad sales rebounded sharply. Analysts remain bullish, though regulators in the U.S. and Europe have stepped up scrutiny.
17 October 2025
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Zions Bancorp Stock Plunges 13% After Surprise $50M Fraud-Linked Loan Loss – Is More Trouble Ahead?

Fraud Scandals at U.S. Banks Wipe $100 Billion, Spur Global Selloff as ‘Cockroach’ Credit Fears Mount

Zions Bancorp disclosed a $50 million loan loss tied to alleged fraud, sending its shares down 13% and sparking a selloff that erased over $100 billion in U.S. bank market value. Western Alliance, exposed to the same borrowers, dropped 11%. Global bank stocks fell, gold hit a record above $4,370/oz, and Treasury yields plunged as credit fears spread. JPMorgan’s Jamie Dimon warned more loan problems may surface.
17 October 2025
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Broadcom’s $10B AI Chip Deal Ignites Stock Surge – What’s Powering This Tech Giant’s Boom

Broadcom (AVGO) Stock Soars After $10B OpenAI AI Chip Deal – Analysts Raise Targets

Broadcom shares traded at $354.15 at the open on Oct. 17, after jumping nearly 10% on news of a major AI partnership with OpenAI. The stock is up about 70% year-to-date and has more than doubled from $180 a year ago. Q3 revenue rose 22% to $15.95 billion, beating estimates, with management guiding Q4 revenue to $17.4 billion. Analyst price targets now range from $372 to $420.
17 October 2025
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Tesla Stock’s October Shock: Record Sales, New “Affordable” Models & Wall Street’s Verdict

Tesla’s Stock Rollercoaster: Record Sales and “Affordable” Models Spark Wild Swings

Tesla shares traded near $429 on Oct. 17, down from a 52-week high of $453 set Oct. 6. Q3 deliveries hit a record 497,099 vehicles, up 7.4% year-over-year, as buyers rushed to claim expiring U.S. EV tax credits. New low-cost Model 3/Y editions launched Oct. 7, but modest price cuts sent shares down 4.5%. A new NHTSA probe into Full Self-Driving software and rising competition have pressured the stock.
17 October 2025
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 17.10.2025

IndiGo has finalized a firm order for 30 Airbus A350 aircraft, raising its total A350 commitments to 60. Airbus reports the A350 program has received over 1,400 orders from 63 customers worldwide as of September 2025.
17 October 2025
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GitLab Stock Soars 11% on Datadog Takeover Rumors Amid AI DevOps Boom

GitLab Stock Soars 11% on Datadog Takeover Rumors Amid AI DevOps Boom

GitLab shares jumped 11% to $48.27 on Oct. 16 after reports that Datadog is considering a $60-plus per share takeover. Nearly 19 million shares changed hands, about seven times normal volume. The rally ended a two-week slide triggered by conservative guidance and the CFO’s planned departure. Wall Street remains divided, with price targets ranging from $50 to $72.
17 October 2025
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Stock Market Today

  • How hot is America’s labour market?
    June 5, 2026, 4:26 PM EDT. America's labour market remains strong but shows signs of cooling. Recent data indicates that while employment growth continues, the Federal Reserve (Fed) could consider tightening monetary policy if wage inflation accelerates. The Fed uses interest rate adjustments-akin to 'air-conditioning'-to prevent the economy from overheating and keep inflation in check. Analysts observe that modest shifts in hiring trends or wage pressures could prompt the Fed to act. The current environment reflects a solid job market, but policymakers remain vigilant to sustain balanced growth and price stability.

Latest articles

Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

5 June 2026
A blowout May jobs report sent the Dow plunging 1.3% to 50,880 and the Nasdaq nearly 4% as investors braced for tighter Fed policy, with chip stocks like Nvidia, Broadcom, and Micron leading an 8% drop in the semiconductor index, erasing hopes for rate cuts and triggering a broad tech selloff.
Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

5 June 2026
Oil prices tumbled Friday as traders saw less risk of U.S.-Iran conflict escalation, with Brent settling at $93.09 and WTI at $90.54, down 2.04% and 2.69% respectively, even as global oil inventories hit “unheard of” lows and analysts warn a prolonged disruption could trigger a second price shock if summer demand drains remaining stockpiles.
TerraVest Shares Drop 30% After Chairman Allegations

TerraVest Shares Drop 30% After Chairman Allegations

5 June 2026
TerraVest shares plunged over 30% to a 52-week low after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal, with Quebec’s AMF suspecting C$6.8 million in illicit gains; no charges have been filed, but the governance shock triggered a sharp, high-volume selloff.
AT&T Shares Rebound as SpaceX Threat Stays Front and Center

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

5 June 2026
AT&T shares rose 1.1% to $23.02 Friday, rebounding from this week’s selloff as Oppenheimer warned SpaceX’s Starlink could disrupt the $1.6 trillion U.S. communications industry, cutting AT&T’s rating and removing its $32 price target; investors now weigh steady fiber and cash returns against risks from Starlink’s June 12 Nasdaq debut at a $1.75 trillion valuation.
Peso falls after U.S. jobs surprise resets Fed expectations

Peso falls after U.S. jobs surprise resets Fed expectations

5 June 2026
The Mexican peso tumbled over 1% to 17.47 per dollar after a stronger-than-expected U.S. jobs report boosted Treasury yields and the greenback, erasing Thursday’s rally and raising odds of a Fed rate hike this year, with investors shifting away from emerging-market currencies.
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