Today: 3 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.

Palantir Steady as Nasdaq Slides Before Monday

Palantir Steady as Nasdaq Slides Before Monday

Palantir closed Friday at $133.99, up 0.2%, but lost 2.8% for the week after a sharp midweek drop. The Nasdaq is closed for the weekend, with trading set to resume Monday. Palantir’s first-quarter revenue jumped 85% to $1.63 billion, but valuation concerns linger as its price-earnings ratio nears 150. Broader tech stocks, including Nvidia and AMD, fell sharply Friday.
Markets Drop Fed Rate Cut Bets for 2026

Markets Drop Fed Rate Cut Bets for 2026

Prediction-market odds for no Federal Reserve rate cuts in 2026 jumped to 69% on Polymarket and 68% on Kalshi. U.S. stocks fell over 1% Friday as oil prices and Treasury yields climbed, pressuring technology shares. CME FedWatch now shows a 60% chance of higher rates by January. Near-term markets still expect no change at the June Fed meeting.
Stocks Fall Friday as Traders Watch for Next Shoe to Drop

Stocks Fall Friday as Traders Watch for Next Shoe to Drop

The S&P 500 fell 1.24% to 7,408.50 Friday as inflation concerns hit U.S. stocks, with chip shares leading declines and Treasury yields climbing. Consumer prices rose 3.8% in April, the largest annual gain since May 2023, while oil prices surged over 3% on renewed Strait of Hormuz worries. Prediction markets show a 98% chance the Fed will hold rates steady at its June meeting.
16 May 2026
Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

U.S. stocks fell Friday, with the S&P 500 down 1.2% and the Nasdaq off 1.5%, as the 10-year Treasury yield climbed to 4.597% and Brent crude hit $109 a barrel. Prediction markets Kalshi and Polymarket both showed about a 70% chance of no Fed rate cuts in 2026. Investors shifted focus to inflation risks and the bond market after recent AI-driven gains.
16 May 2026
Stocks take a breather after oil spike, Nvidia in focus

Stocks take a breather after oil spike, Nvidia in focus

U.S. stocks fell Friday as rising oil prices and Treasury yields ended Wall Street’s AI-driven rally, with the S&P 500 dropping 1.24% and the Nasdaq down 1.54%. The S&P 500 still posted a 0.1% weekly gain, but the Russell 2000 slid 2.4%. April consumer prices rose 0.6%, the largest annual gain since May 2023. Investors now see a 60% chance of a Fed rate hike by January.
Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

NextEra Energy and Dominion Energy are in merger talks on a stock deal that could create a $400 billion utility, Reuters reported, citing the Financial Times. U.S. stocks fell over 1% Friday as oil prices and Treasury yields climbed. Nvidia reports earnings Wednesday after a 36% rally since March. Kalshi and Polymarket data show little expectation of a June Fed rate move.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 16.05.2026

LIVEMarkets rolling coverageStarted: May 16, 2026, 4:00 AM EDTUpdated: May 17, 2026, 3:59 AM EDT Treasurer Jim Chalmers Defends Budget's Impact on Young Investors Amid Tax Changes May 17, 2026, 3:58 AM EDT. Treasurer Jim Chalmers defended the federal budget’s tax changes targeting Capital Gains Tax (CGT) and negative gearing, measures aimed at addressing intergenerational inequality. The government plans to reduce the CGT discount and restrict negative gearing to new home purchases, affecting young investors who use the share market and rentvesting-a strategy of renting while owning property elsewhere-to save for housing deposits. Critics say these changes limit key wealth-building
16 May 2026
SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
Broadcom Slips as AI Chip Stocks See Selling

Broadcom Slips as AI Chip Stocks See Selling

Broadcom shares fell 3.3% to $425.19 on Friday, leading a sector-wide drop in AI-linked chip stocks after a recent rally. No company-specific news triggered the decline. Higher oil prices and Treasury yields fueled inflation concerns, raising expectations that the Federal Reserve could keep interest rates elevated. Nvidia and AMD also posted sharp losses.
16 May 2026
Alphabet Falls as Ackman Exits, Broader Tech Weakness

Alphabet Falls as Ackman Exits, Broader Tech Weakness

Alphabet shares fell 1.1% Friday after Bill Ackman’s Pershing Square disclosed it sold its entire Alphabet stake to fund a new Microsoft position. The Nasdaq dropped 1.54% as rising oil prices and Treasury yields pressured tech stocks. Microsoft rose 3.1% on the news. Alphabet reported Q1 revenue up 22% to $109.9 billion, but raised 2026 capex guidance to as much as $190 billion.
Natural Gas Gains as Output Slips and an Early Heat Wave Builds

Natural Gas Gains as Output Slips and an Early Heat Wave Builds

U.S. natural gas futures rose about 3% Friday to a seven-week high, with benchmark prices at $2.96 per mmBtu as output fell and warmer weather was forecast. Underground storage increased by 85 Bcf last week, below expectations. Analysts cited rising demand and cheaper 2026 gas boosting gas-fired generation. EIA forecasts 2026 production at 110.61 Bcf/d and inventories 7% above the five-year average.
15 May 2026
Brent nears $109 as oil prices rise today and Hormuz risk premium builds

Brent nears $109 as oil prices rise today and Hormuz risk premium builds

Brent crude climbed to $109 a barrel and U.S. WTI to $105 after U.S.-Iran tensions lowered hopes for a quick reopening of the Strait of Hormuz. U.S. crude and gasoline stocks fell sharply, while Ukrainian strikes on Russian refineries added to supply concerns. Only 30 vessels crossed Hormuz in a day, far below pre-war levels. Prediction markets show little chance of a rapid return to normal shipping.
15 May 2026
Why Is XRP Down Today? Rate Fears Hit Ripple Token After Clarity Act Pop

Why Is XRP Down Today? Rate Fears Hit Ripple Token After Clarity Act Pop

XRP fell to around $1.44 Friday after touching $1.54, as traders reacted to higher U.S. Treasury yields and fading hopes for Federal Reserve rate cuts. Senate Banking Committee advanced the Digital Asset Market Clarity Act, but broader risk assets also dropped. XRP futures saw $6.83 billion in volume and $17.1 million in liquidations. Bitcoin and ether also declined.
15 May 2026
Why Is Bitcoin Down Today? BTC Slips Below $80,000 as Hot Inflation, Yields and ETF Wobbles Hit Crypto

Why Is Bitcoin Down Today? BTC Slips Below $80,000 as Hot Inflation, Yields and ETF Wobbles Hit Crypto

Bitcoin dropped below $80,000 Friday, trading at $79,202, down 0.9% as U.S. inflation data and rising Treasury yields pressured crypto markets. U.S. spot Bitcoin ETFs saw net outflows of over $860 million across May 12–13, according to Farside Investors. The 10-year Treasury yield neared a one-year high, and the dollar posted its strongest weekly gain in two months. Ether, Solana, and Cardano also declined.
15 May 2026
POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

POET Technologies shares dropped 10.2% to $18.47 after announcing a $400 million direct offering of 19.05 million shares and warrants to a single investor. The deal, priced at $21 per share-plus-warrant, comes as the company reports a $50 million initial order from Lumilens but faces investor concerns over dilution, CFO succession, and execution risks tied to new AI optics production.
15 May 2026
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Latest articles

AT&T Shares Halt Six-Day Drop Ahead of Cash Flow Update

AT&T Shares Halt Six-Day Drop Ahead of Cash Flow Update

3 June 2026
AT&T shares snapped a six-day losing streak, rising 0.37% to $24.64 as investors await the July 22 earnings call for updates on cash flow and wireless demand; management maintains second-quarter free cash flow guidance of $4.0–$4.5 billion and plans over $45 billion in shareholder returns for 2026–2028.
Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

3 June 2026
Broadcom soared 4.7% to a record $481.57 as Alphabet’s $80 billion AI infrastructure equity raise sharpened focus on Broadcom’s custom AI chip and networking supply, with investors eyeing tomorrow’s earnings and guidance; options pricing signals potential 9% stock swing post-results, as the stock trades at 120 times earnings and faces high expectations for continued AI-driven growth.
Amazon Gets June Prime Day Announcement, Stock Falls

Amazon Gets June Prime Day Announcement, Stock Falls

3 June 2026
Amazon shares slid 1.81% to $256.52 even as it set June 23-26 for Prime Day, giving investors an early look at retail momentum before Q2 ends; despite strong AWS growth and rising net sales, free cash flow fell as AI investments surged, leaving investors cautious about whether Prime Day’s grocery push and earlier timing will boost margins or just shift demand.
Apple Shares Reach New High as AI Decision Looms

Apple Shares Reach New High as AI Decision Looms

3 June 2026
Apple surged 2.9% to a record $315.20, adding $598 billion in May, as investors bet next week’s WWDC will reveal major AI advances; with high expectations and a $100 billion buyback, the stock’s rally leaves little room for disappointment on Siri upgrades, AI features, or rising memory-chip costs.
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