Today: 5 June 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Apple stock price: AAPL heads into Monday after record quarter, but memory-chip costs loom

Apple stock price: AAPL heads into Monday after record quarter, but memory-chip costs loom

Apple shares closed up 0.46% at $259.48 Friday, with 92.4 million shares traded. The company reported quarterly revenue of $143.8 billion and diluted EPS of $2.84, driven by $85.27 billion in iPhone sales and $30.01 billion from Services. Apple expects Q2 revenue growth of 13–16% but warned DRAM shortages could pressure margins. The next dividend of $0.26 per share is set for Feb. 12.
1 February 2026
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Tesla stock price rises on SpaceX-xAI merger chatter as TSLA heads into Monday

Tesla stock price rises on SpaceX-xAI merger chatter as TSLA heads into Monday

Tesla shares rose 3.3% to $430.41 Friday after reports of possible merger talks between SpaceX and xAI, and a $2 billion Tesla investment in xAI. The S&P 500 got its biggest boost from Tesla, even as the broader market fell. The Delaware Supreme Court cut Tesla’s legal fees in a director pay case to $70.9 million. Investors await Monday’s open and January U.S. jobs data for further direction.
1 February 2026
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Cadence Bank stock slides on merger countdown — what CADE holders are watching for Monday

Cadence Bank stock slides on merger countdown — what CADE holders are watching for Monday

Cadence Bank shares fell 1.7% to $42.11 Friday, with volume surging ahead of its pending merger with Huntington Bancshares. Huntington expects the deal to close around Feb. 1, having secured all regulatory approvals. The merger spread narrowed to about 2.7% below Huntington’s implied value. Traders await confirmation of the merger’s completion and details on when CADE will halt trading.
1 February 2026
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PSLV stock price tumbles 27% as silver plunges from record highs, with Monday in focus

PSLV stock price tumbles 27% as silver plunges from record highs, with Monday in focus

Sprott Physical Silver Trust (PSLV) sank 27.2% to $26.41 Friday, closing about 9.4% below its net asset value after spot silver plunged 27.7% to $83.99 an ounce. Trading in PSLV topped 82 million units. Other silver funds, including iShares Silver Trust and abrdn Physical Silver Shares ETF, also dropped over 28%. Analysts cited profit-taking and a stronger dollar after Kevin Warsh was named to lead the Federal Reserve.
1 February 2026
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Verizon stock has its biggest jump in years after $25 billion buyback plan — what investors watch next

Verizon stock has its biggest jump in years after $25 billion buyback plan — what investors watch next

Verizon shares jumped 11.83% to $44.52 Friday after reporting strong subscriber growth and announcing a $25 billion buyback plan. The company posted Q4 adjusted earnings of $1.09 per share on $36.4 billion revenue, with 616,000 postpaid phone net adds. Verizon raised its dividend and closed its Frontier acquisition, expanding fiber reach to over 30 million locations. Trading resumes Monday amid focus on rate-sensitive events.
1 February 2026
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SoFi stock slides after first $1 billion quarter as investors size up 2026 targets

SoFi stock slides after first $1 billion quarter as investors size up 2026 targets

SoFi Technologies shares fell 6.36% to $22.81 Friday after reporting quarterly adjusted net revenue above $1 billion and net income of $173.5 million. Loan originations jumped 46% to $10.5 billion, and membership reached 13.7 million. CEO Anthony Noto warned a proposed 10% cap on credit-card rates could sharply reduce lending. Trading volume topped 131 million shares.
1 February 2026
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Nvidia stock price in focus: CEO says “huge” OpenAI investment planned as NVDA heads into Monday

Nvidia stock price in focus: CEO says “huge” OpenAI investment planned as NVDA heads into Monday

Nvidia shares fell 0.7% to $191.13 Friday, with 179 million shares traded. CEO Jensen Huang said Nvidia will make its largest-ever investment in OpenAI, dismissing reports of tensions. China gave conditional approval for AI startup DeepSeek to buy Nvidia’s H200 chips, sources told Reuters. Wolfe Research raised its Nvidia price target to $275, citing strong demand.
1 February 2026
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Plug Power stock slid nearly 10% Friday as share-issuance vote looms — what investors watch next

Plug Power stock slid nearly 10% Friday as share-issuance vote looms — what investors watch next

Plug Power Inc shares fell 9.8% to $2.12 Friday ahead of a Feb. 5 shareholder vote on doubling authorized shares to 3 billion. The company says the move is essential for meeting financial obligations but risks diluting current holders. Previous votes showed strong support but failed to meet turnout thresholds. An investor townhall is scheduled for Feb. 2.
1 February 2026
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BitMine Immersion Technologies stock price: BMNR heads into Monday after Friday slide, ether drop

BitMine Immersion Technologies stock price: BMNR heads into Monday after Friday slide, ether drop

BitMine Immersion Technologies (BMNR) fell nearly 6% to $25.10 Friday as ether and bitcoin prices dropped sharply over the weekend. The company disclosed president Erik Nelson’s exit in a Jan. 28 SEC filing, with $585,000 in severance. BMNR reported holding 4.24 million ether and plans to ramp up staking. Crypto-linked stocks showed mixed results ahead of Monday’s market open.
1 February 2026
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Coinbase stock price: COIN ends at $194.74 — what to watch before Monday

Coinbase stock price: COIN ends at $194.74 — what to watch before Monday

Coinbase shares closed down 2.2% at $194.74 Friday as bitcoin slid 2.5% to about $82,300, later dropping to $78,000 on Sunday. Traders cited concerns over tighter policy after Donald Trump named Kevin Warsh as his Fed chair pick. Coinbase reports earnings Feb. 12. U.S. stock markets are closed Sunday, but crypto trades continue, leaving Coinbase exposed to weekend price swings.
1 February 2026
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Starbucks stock closes at $91.95 after a five-day slide — what to watch for SBUX next week

Starbucks stock closes at $91.95 after a five-day slide — what to watch for SBUX next week

Starbucks shares fell 2.06% to $91.95 Friday, capping a fifth straight session of declines and leaving the stock 22% below its 52-week high. Analysts raised price targets after the company reported 6% revenue growth and announced a new U.S. loyalty program launching March 10. Starbucks will pay a $0.62 dividend on Feb. 27. CEO Brian Niccol said recent investments “will take time” to lift margins.
1 February 2026
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Stock Market Today

  • US IPO Frenzy: A Peak Signal for Stock Market Bull Run?
    June 5, 2026, 12:25 AM EDT. The US stock market faces an IPO frenzy led by SpaceX's historic $75 billion listing, potentially valuing the company at $1.77 trillion. This could mark a pivotal moment in the long-standing bull market since 2009. Major tech firms like Anthropic, OpenAI, Databricks, Stripe, Shein, and Revolut are preparing massive public offerings, collectively raising trillions. Investors weigh excitement against caution, noting that the intense IPO activity often signals the peak of market optimism. Also, many of these companies remain unprofitable, complicating fair valuations amid a risk-on environment. Analysts warn that such late-stage IPO surges resemble prior bubbles, like the dotcom boom, and could trigger significant market corrections. The influx of these mega listings could reshape global markets, making this one of the most concentrated IPO periods in history.

Latest articles

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
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