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.

Northern Star share price jumps 3% as gold hits record highs — what to watch next for ASX:NST

Northern Star share price jumps 3% as gold hits record highs — what to watch next for ASX:NST

Northern Star shares rose 3.1% to A$29.49 Thursday, outperforming a flat market as gold hit record highs and spot bullion settled up 2.6% at $5,538.69 an ounce. The miner, which recently cut FY26 output guidance and raised cost forecasts, reported December-quarter gold sales of 348,061 ounces at an AISC of A$2,937 per ounce. Investors await half-year results on Feb. 12 for updates on costs and production.
BHP share price jumps on record copper — what to watch next for ASX:BHP

BHP share price jumps on record copper — what to watch next for ASX:BHP

BHP shares rose 2.1% to A$51.65 in Sydney, tracking record copper prices after LME copper hit $13,967 a ton. The move came as Australia’s annual inflation hit 3.8%, fueling rate-hike bets ahead of next week’s central bank meeting. BHP lifted its FY26 copper output forecast after record production at Escondida. The company also raised the cost estimate for its Jansen potash project in Canada to $8.4 billion.
29 January 2026
Microchip (MCHP) stock jumps after BofA upgrade as chip rally widens

Microchip (MCHP) stock jumps after BofA upgrade as chip rally widens

Microchip Technology shares rose 7.6% to $80.87 by 3:15 p.m. EST Wednesday after Bank of America upgraded the stock to “buy” and raised its price target to $95. The move followed gains across chipmakers tied to AI data-center demand. Microchip will report quarterly results on Feb. 5. CEO Steve Sanghi sold 18,509 shares last week under a pre-set trading plan.
StubHub (STUB) stock jumps 11% as traders chase rebound ahead of Super Bowl LX

StubHub (STUB) stock jumps 11% as traders chase rebound ahead of Super Bowl LX

StubHub shares jumped 11% to $15.34 by mid-afternoon Wednesday after the company reported strong NFL ticket demand. The stock remains well below its $23.50 IPO price, with investors monitoring ongoing litigation and upcoming Super Bowl sales. Rival ticketing stocks saw smaller moves. Bragar Eagel & Squire is probing potential shareholder claims related to StubHub’s IPO disclosures.
Sanmina stock rebounds nearly 7% as SANM steadies after guidance shock

Sanmina stock rebounds nearly 7% as SANM steadies after guidance shock

Sanmina shares rose about 7% to $153 Wednesday afternoon, rebounding after a sharp drop on Tuesday tied to a weaker-than-expected revenue outlook for the March quarter. The company forecast Q2 revenue of $3.1 billion to $3.4 billion, below analyst estimates. Argus Research raised its price target on Sanmina to $200. First-quarter revenue reached $3.19 billion, with non-GAAP EPS at $2.38.
28 January 2026
Bloom Energy stock jumps nearly 10% as Barclays starts coverage ahead of earnings

Bloom Energy stock jumps nearly 10% as Barclays starts coverage ahead of earnings

Bloom Energy shares surged 9.6% to $166.94 Wednesday, with volume topping 10.7 million after Baird raised its price target and Barclays began coverage. The rally follows a $2.65 billion fuel-cell deal with American Electric Power. Investors await Bloom’s Feb. 5 earnings for updates on production capacity and data-center demand. Plug Power and FuelCell Energy also posted gains.
Fed holds rates, S&P 500 flirts with 7,000 as AI bets and dollar swings collide

Fed holds rates, S&P 500 flirts with 7,000 as AI bets and dollar swings collide

The Federal Reserve held its benchmark rate at 3.50%-3.75% Wednesday, citing “somewhat elevated” inflation. The S&P 500 briefly crossed 7,000 before retreating, while the dollar rebounded and gold hit a record $5,311.31 an ounce. Two Fed governors dissented, favoring a rate cut. President Trump is expected to name a replacement for Chair Jerome Powell soon.
AST SpaceMobile stock price jumps 9% as traders refocus on BlueBird 7 launch timeline

AST SpaceMobile stock price jumps 9% as traders refocus on BlueBird 7 launch timeline

AST SpaceMobile shares surged 9% to $121.42 Wednesday afternoon on heavy volume, as investors eyed the late-February BlueBird 7 satellite launch and a 2026 commercial rollout. The company aims to deploy 45–60 satellites by year-end but faces skepticism over whether it can maintain the planned launch pace. Analyst Tim Farrar called the targets unrealistic if launches slow. Competition from SpaceX’s Starlink is intensifying.
UK FCA launches sweeping AI review for retail finance, sets Feb 24 deadline

UK FCA launches sweeping AI review for retail finance, sets Feb 24 deadline

Britain’s Financial Conduct Authority launched the “Mills Review” to examine how advanced AI could reshape retail financial services, with responses due by Feb. 24 and recommendations expected by summer 2026. The FCA ruled out AI-specific rules for now, despite criticism from MPs over regulatory delays and concerns about risks such as AI-driven fraud and algorithmic bias.
Sandisk stock price jumps 8% as storage rally builds ahead of SNDK earnings

Sandisk stock price jumps 8% as storage rally builds ahead of SNDK earnings

Sandisk shares jumped 8.5% to $522.41 Wednesday as storage stocks surged after Seagate forecast stronger revenue on AI-driven data-center demand. Traders are positioning ahead of Sandisk’s fiscal Q2 results due Thursday. Sandisk has soared over 1,000% in six months, pushing its value to $69 billion. A new leveraged ETF tracking Sandisk also launched.
Energy Fuels stock price jumps nearly 11% on Roth upgrade as uranium spot hits $91 — traders watch what comes next

Energy Fuels stock price jumps nearly 11% on Roth upgrade as uranium spot hits $91 — traders watch what comes next

Energy Fuels Inc. surged 10.7% to $26.74 after Roth MKM upgraded the stock and uranium prices hit $91.10 a pound. The company disclosed terms of its planned A$447 million takeover of Australian Strategic Materials, targeting a June 2026 close. Trading volume reached 12.8 million shares by early afternoon. Energy Fuels will report earnings around Feb. 25.
Intel stock jumps 10% as chip rally widens; CFO share buy back in focus

Intel stock jumps 10% as chip rally widens; CFO share buy back in focus

Intel shares surged 10.4% to $48.51 by early afternoon Wednesday, lifted by a sector rally and news that CFO David Zinsner bought 5,882 shares at $42.50 each. Trading volume reached about 129 million shares. The gains followed strong results from Texas Instruments and ASML. Last week, Intel stock fell 17% after a weak forecast and warnings on AI chip supply.
28 January 2026
Why Intuitive Machines (LUNR) stock is up today: NASA Artemis II tracking role, fresh $26 target

Why Intuitive Machines (LUNR) stock is up today: NASA Artemis II tracking role, fresh $26 target

Intuitive Machines shares surged 13% to $22.91 after announcing NASA selected it to help track the Artemis II mission, though no payments are involved. Trading volume topped 8.5 million shares by early afternoon. KeyBanc raised its price target to $26, maintaining an Overweight rating. Artemis II’s first launch window opens Feb. 6.
Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

Avnet shares jumped 11% to $58.65 by early afternoon Wednesday after quarterly earnings and a third-quarter forecast topped Wall Street estimates. The company reported fiscal Q2 sales of $6.319 billion and adjusted EPS of $1.05, beating analyst expectations. Arrow Electronics and TD SYNNEX also rose. Avnet projected Q3 sales of $6.20–$6.50 billion and adjusted EPS of $1.20–$1.30.
Texas Instruments (TXN) stock jumps nearly 10% as forecast spotlights AI data-center demand

Texas Instruments (TXN) stock jumps nearly 10% as forecast spotlights AI data-center demand

Texas Instruments shares surged nearly 10% to $216.02 by midday Wednesday after the company projected stronger-than-expected first-quarter revenue and earnings. The firm cited a 70% jump in data-center sales and said it will begin reporting that segment separately. CEO Haviv Ilan said the outlook is not driven by price increases. Investors remain focused on industrial demand and softness in phones and PCs.
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Stock Market Today

  • SpaceX IPO Set to Challenge US Stock Market Rally Amid Inflation Fears
    June 5, 2026, 5:27 PM EDT. The highly anticipated SpaceX initial public offering (IPO) is expected next week, aiming to raise $75 billion at a valuation of $1.75 trillion. This blockbuster IPO, the largest ever, coincides with a cautious U.S. stock market facing inflation concerns and potential Federal Reserve interest rate hikes. The S&P 500 fell after nine weeks of gains, pressured by strong jobs data and a semiconductor selloff. SpaceX's diverse business spans rockets, satellite communications, and AI computing. Despite a $4.94 billion net loss in 2025, revenues rose 33% to $18.67 billion. Market watchers see the IPO as a key litmus test for investor appetite amid geopolitical tensions and the growing AI sector, with more mega IPOs from AI firms Anthropic and OpenAI expected to follow.

Latest articles

Scage Future Stock Almost Triples After Multiple Trading Halts

Scage Future Stock Almost Triples After Multiple Trading Halts

5 June 2026
Scage Future ADSs soared 194.58% to $0.8431 on record volume and two volatility pauses, defying a 4.18% Nasdaq plunge, but slid 19.71% after hours as the company flagged ongoing losses, going-concern doubts, and warned that future fundraising could dilute shareholders.
Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

5 June 2026
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after strong U.S. jobs data dashed hopes for easier Fed policy, sending Treasury yields higher and pressuring gold miners; trading volume jumped, and Newmont now sits about 26% below its 52-week high, with rising costs and lower Q2 output flagged by management.
BitMine shares fall after $280 million Ethereum move draws scrutiny

BitMine shares fall after $280 million Ethereum move draws scrutiny

5 June 2026
Argentina’s official peso rate surged to 1,460 per U.S. dollar, overtaking the informal “blue” dollar and posting one of its sharpest weekly rises of the year, as investors test the government’s exchange-rate bands ahead of seasonal dollar demand, with open interest in dollar futures jumping by 150,000 contracts and the BCRA’s June survey projecting a December rate of 1,658 pesos per dollar.
Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

5 June 2026
Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
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