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.

Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems shares jumped 8.5% to $37.50 Thursday after reporting a 29% year-over-year rise in quarterly sales to $229.2 million and issuing strong March-quarter guidance. The stock outperformed the semiconductor sector, with rivals ON Semiconductor and NXP Semiconductors each down about 4%. Allegro forecast fourth-quarter sales of $230–$240 million and non-GAAP EPS of $0.14–$0.18.
29 January 2026
Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy shares surged nearly 20% Thursday after the company reported fourth-quarter revenue of $1.0 billion and net income of $14 million, beating analyst expectations. Liberty raised its quarterly dividend by 13% to 9 cents a share and announced plans to deploy 3 GW of power projects by 2029. The company’s results contrasted with sector peers, who saw smaller gains.
Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines shares jumped nearly 15% to $46.95 midday Thursday after the company projected at least $4.00 adjusted EPS for 2026 and announced new bag fees and seat upgrades. Executives reported strong early customer feedback but said more booking data is needed before finalizing forecasts. Franklin Resources disclosed a 7.8% stake as of Dec. 31. Wall Street had expected $3.19 per share in 2026, according to LSEG.
29 January 2026
Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine shares rose 18.6% to $174.15 after announcing a $1 billion deal to spin off its Performance Technologies unit and merge it with Gentherm in a Reverse Morris Trust. Modine will receive $210 million in cash and its shareholders about 40% of the combined company. The deal is expected to close in late 2026, pending approvals. Gentherm shares were little changed.
Royal Caribbean stock surges on 2026 profit view as Wave-season bookings hit record prices

Royal Caribbean stock surges on 2026 profit view as Wave-season bookings hit record prices

Royal Caribbean shares surged 14% midday Thursday after the company forecast 2026 adjusted earnings per share of $17.70 to $18.10 and reported two-thirds of 2026 capacity booked at record prices. Norwegian Cruise Line and Carnival also rose, up 9% and 7% respectively. Royal Caribbean expects 2026 fuel costs of $1.173 billion, with 60% hedged. The company cited strong early Wave-season bookings.
Viavi Solutions stock price jumps nearly 16% as Q2 beat and upbeat outlook collide with job-cut plan

Viavi Solutions stock price jumps nearly 16% as Q2 beat and upbeat outlook collide with job-cut plan

Viavi Solutions shares jumped nearly 16% Thursday after reporting quarterly revenue of $369.3 million, up 36.4%, and adjusted EPS of 22 cents, beating forecasts. The company raised March quarter guidance above analyst estimates and announced a restructuring plan affecting 5% of staff. Trading volume topped 9 million shares. UBS and B. Riley raised price targets following the report.
Tesla stock slides as Musk’s $20 billion spending push puts cash in the spotlight

Tesla stock slides as Musk’s $20 billion spending push puts cash in the spotlight

Tesla shares fell 2.2% to $421.80 Thursday after the company reported Q4 revenue of $24.9 billion, down 3% from a year ago, and net income of $840 million. Tesla said it will more than double capital spending to over $20 billion in 2026, focusing on robotaxis, robotics, and battery output. Production of the Model S and X will end. The company lost its global EV sales lead to BYD.
Ford stock price today: F shares edge up as lawmaker probes CATL battery plans ahead of earnings

Ford stock price today: F shares edge up as lawmaker probes CATL battery plans ahead of earnings

Ford shares rose 0.5% to $13.90 in late morning New York trading amid scrutiny over its battery partnership with China’s CATL and tax credit eligibility. Representative John Moolenaar questioned CEO Jim Farley about the deal as Ford readies a $3 billion Michigan battery plant. Ford is also recalling nearly 117,000 U.S. vehicles over engine block heater fire risks. General Motors gained 1.1%, while Tesla fell 2.1%.
Why Snap stock price is sliding today: Specs smart‑glasses push meets a tech selloff, earnings loom

Why Snap stock price is sliding today: Specs smart‑glasses push meets a tech selloff, earnings loom

Snap shares fell 6.4% to $7.18 in late-morning trading Thursday, erasing gains from the previous day after the company announced a spinoff of its Specs smart-glasses unit and signaled a search for minority investors. The drop came as tech stocks slid, with the Nasdaq down 1% and Microsoft plunging over 11%. Snap will report quarterly results on Feb. 4, with investors watching for updates on ad demand and hardware strategy.
Opendoor stock slips as investors parse new SEC filing and mortgage-rate backdrop ahead of earnings

Opendoor stock slips as investors parse new SEC filing and mortgage-rate backdrop ahead of earnings

Opendoor shares fell 2.2% to $5.64 Thursday after a volatile morning, following a new SEC filing on disclosure practices. The company will now use CEO Kaz Nejatian’s new X handle, @Nejatian, for material updates. Investors are watching mortgage rates and await Opendoor’s earnings report on Feb. 26 for signs of demand and margin trends.
NIO stock jumps as investors refocus on software, charging network and the next delivery update

NIO stock jumps as investors refocus on software, charging network and the next delivery update

NIO shares rose 3.6% to $4.76 in late morning New York trading Thursday after the company announced a new software update and reported nearly 99 million battery swaps completed. Traders are watching for January delivery figures and a confirmed date for the next earnings release. The stock rebounded from a 1.1% drop the previous day.
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Stock Market Today

  • Why FTSE 100 Growth and Dividend Stocks Remain Undervalued
    June 5, 2026, 2:19 PM EDT. Despite the FTSE 100 rising 19% over the past year, certain blue-chip growth and dividend stocks offer strong value. Barratt Developments trades at a forward price-to-earnings (P/E) ratio of 10.6 and a price-to-earnings growth (PEG) ratio below 1, signaling undervaluation alongside dividend yields of 5.5%-6.7%. Risks from inflation and interest rate hikes amid the Iran conflict weigh on housebuilders, but Barratt's strong cash position and diverse brand portfolio support optimism. Polar Capital Technology Trust's shares trade at a 9.4% discount to net asset value, despite a 1,149% gain over ten years, driven by investments in US tech leaders like Nvidia and Apple. These discounts reflect market caution but present potential buying opportunities as growth sectors like AI and cybersecurity expand.

Latest articles

QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

5 June 2026
Invesco QQQ Trust plunged 3.29% to $716.26 after a strong U.S. jobs report boosted rate-hike odds to 70%, hitting tech and AI stocks that dominate the ETF; the drop pushed QQQ below key technical support, with investors now weighing near-term rate risk over long-term growth, as higher yields threaten future earnings valuations.
Tesla Stock Slips After $475 Wall Street Reset

Tesla Stock Slips After $475 Wall Street Reset

5 June 2026
Tesla shares slid about 5% to $397.42 Friday despite J.P. Morgan lifting its rating and tripling its price target to $475, as investors weighed Tesla’s robotaxi ambitions against safety and regulatory risks amid a broader tech selloff triggered by strong jobs data and rising bond yields.
Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

5 June 2026
Inotiv shares more than doubled to $0.2113 on massive volume after the company filed for Chapter 11, warning its restructuring plan will cancel all existing common shares with no payout to current holders and take the company private if approved, leaving current investors at risk of losing their entire investment.
IREN Stock Down Despite 800MW AI Data Center Deal

IREN Stock Down Despite 800MW AI Data Center Deal

5 June 2026
IREN shares plunged 13.9% to $53.29 after announcing an 800MW South Australia data-center campus and closing a $3.65 billion GPU financing facility, as investors sold AI and crypto-linked stocks amid a sharp Nasdaq selloff and falling bitcoin prices; B. Riley raised its price target to $96 but cut near-term EBITDA estimates.
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