Today: 2 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.

Amphenol Stock Just Had a Huge Week. Here’s What Could Move It Next

Amphenol Stock Just Had a Huge Week. Here’s What Could Move It Next

Amphenol shares closed Friday at $148.76, up 12.65% for the week, after touching $151.62 on volume of 13.7 million. BNP Paribas Exane raised its price target to $200. Amphenol reported first-quarter sales up 58% to $7.6 billion and orders of $9.4 billion. The company completed its acquisition of CommScope’s Connectivity and Cable Solutions in January.
30 May 2026
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Ferrari Stock Drops on $640,000 EV Impact as Traders Look Ahead

Ferrari Stock Drops on $640,000 EV Impact as Traders Look Ahead

Ferrari shares closed at €295.20 in Milan on Friday, up 0.53% for the day but down 2.11% over five sessions after unveiling its first all-electric car, the Luce. The stock fell 8.4% earlier in the week amid investor concerns about brand fit and EV strategy. CEO Benedetto Vigna said the Luce drew strong early interest, with orders expected to be detailed in July. Markets reopen Monday after the weekend pause.
30 May 2026
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AMC stock jumps; theaters look to hold crowds

AMC stock jumps; theaters look to hold crowds

AMC Entertainment shares jumped 9.49% Friday to close at $1.73 after reporting over 5 million moviegoers during Memorial Day weekend, its best U.S. attendance stretch of 2026. Trading volume reached 42.3 million shares. Disney’s “The Mandalorian and Grogu” led the box office with an estimated $102 million in North America. AMC’s rally outpaced rivals Cinemark and IMAX, which also closed higher.
30 May 2026
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Oil Has Steepest Weekly Drop Since April as Hormuz Worry Remains

Oil Has Steepest Weekly Drop Since April as Hormuz Worry Remains

Brent crude closed at $92.05 a barrel Friday as oil futures fell on expectations of a U.S.-Iran ceasefire to ease Gulf shipping risks. U.S. crude stocks dropped by 3.3 million barrels last week, with gasoline and distillate supplies also down, according to the EIA. Japanese crude imports in April fell nearly 66% year-on-year. OPEC+ members are set to discuss raising July output targets at a June 7 meeting.
30 May 2026
Anthropic News Today (December 5, 2025): Snowflake’s $200M Agentic AI Deal, Safety Grades, IPO Talk, Claude Outage and a New “Interviewer” Tool

Anthropic lands $965B valuation as Wall Street eyes next AI move

Anthropic raised $65 billion in Series H funding, reaching a $965 billion valuation and surpassing OpenAI’s $852 billion mark. The deal, led by Altimeter Capital and others, comes as U.S. stocks hit record highs in a holiday-shortened week. Anthropic reported run-rate revenue above $47 billion in May. Investors are watching for possible debt financing and a public listing later this year.
30 May 2026
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Super Micro Gains With Dell, But Another Hurdle Awaits

Super Micro Gains With Dell, But Another Hurdle Awaits

Super Micro Computer shares surged 11.6% to $46.09 Friday after Dell raised its AI-server revenue outlook and reported $16.1 billion in quarterly AI-server sales. Trading volume for Super Micro topped 93 million shares, with an intraday high of $48.28. Taiwanese prosecutors are investigating alleged illegal exports of Super Micro servers with Nvidia chips. Super Micro was not charged in a separate U.S. smuggling case.
30 May 2026
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INVO Fertility up 14%; small IVF name faces filing risk

INVO Fertility up 14%; small IVF name faces filing risk

INVO Fertility shares jumped 14.1% to $1.88 Friday on heavy volume, despite the company remaining late on key financial filings. Nasdaq warned INVO in April it was out of compliance, but the stock still trades as IVF. No new financials have been released since a May 18 late-filing notice. The company flagged “substantial doubt” about its ability to continue operating in its last annual report.
30 May 2026
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Microsoft gets Pentagon boost in AI, Wall Street moves in

Microsoft gets Pentagon boost in AI, Wall Street moves in

Microsoft shares climbed over 5% Friday to $450.24, lifting its market value near $3.35 trillion. The stock rally followed news of a $9.7 billion U.S. defense contract and plans to unveil new in-house AI models at next week’s Build conference. Wall Street closed at record highs, with tech stocks leading gains. Microsoft declined to comment on its upcoming AI announcements.
29 May 2026
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Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Corp. shares fell 6.6% to around $352 on Friday, despite no new company news and a rising broader market. The stock had closed at $376.95 on Thursday and touched $343.51 during the session. Lumentum dropped 2.3%, while Ciena was little changed. Coherent reported Q3 revenue of $1.81 billion, up 21% from last year, and forecasted Q4 revenue of $1.91–$2.05 billion.
29 May 2026
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Ambev’s Run Faces Doubts With Goldman, BTG Sending Mixed Messages

Ambev’s Run Faces Doubts With Goldman, BTG Sending Mixed Messages

Ambev shares closed at 16.35 reais in São Paulo Friday, up from 16.29, outperforming a falling Ibovespa. BTG Pactual upgraded Ambev to buy for the first time in 13 years, citing pricing power, while Goldman Sachs maintained a sell rating, warning of limited price hike potential and weaker beer demand. Ambev’s Q1 net revenue rose 8.1% with flat volumes. The company will pay interest on capital of 0.0755 real per share July 6.
29 May 2026
Archer Aviation Shares Edge in Premarket as Cash Concerns Weigh on Air-Taxi Plans

Archer Aviation Shares Edge in Premarket as Cash Concerns Weigh on Air-Taxi Plans

Archer Aviation traded at $6.80 premarket Friday, nearly unchanged from Thursday’s $6.81 close after a 3.97% session gain. The company posted a first-quarter net loss of $217.7 million on $1.6 million revenue. Archer said it completed Phase 3 of FAA type certification and expects to begin U.S. operations this year. Other electric-aircraft stocks also rose in early trading.
29 May 2026
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Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Stock Climbs Before the Bell as IBM’s $10 Billion Quantum Push Reignites a Wild Rally

Rigetti Computing climbed in premarket trading Friday, quoted at $27.34 after closing up nearly 10% Thursday, as quantum stocks surged following IBM’s $10 billion investment plan. Rigetti shares have jumped about 60% since May 20, with trading volume spiking. U.S. government funding and sector IPO activity fueled further gains. Rigetti recently signed a letter of intent for up to $100 million in federal research funding.
29 May 2026
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Oracle Shares Rebound, Eyes on AI Cloud Performance

Oracle Shares Rebound, Eyes on AI Cloud Performance

Oracle shares surged 6.6% Thursday to $203.64, up 26% for May but still far below last year’s high. The company reported fiscal Q3 revenue of $17.2 billion, with cloud revenue up 44% to $8.9 billion and a backlog of $553 billion. Capital spending jumped to $39.2 billion for the first nine months of fiscal 2026, pushing free cash flow to negative $24.7 billion.
29 May 2026
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HPE Earnings Preview: The AI-Networking Number Wall Street Is Watching Before June 1

HPE Earnings Preview: The AI-Networking Number Wall Street Is Watching Before June 1

Hewlett Packard Enterprise will report fiscal Q2 results after markets close June 1, with analysts expecting revenue near $9.77 billion and adjusted earnings of 53 cents per share. Shares closed at $38.21, up 117.5% over the past year. Investors are watching whether networking and AI-infrastructure growth can sustain margins after the Juniper acquisition. HPE’s Q1 networking revenue jumped 151.5% year-over-year.
29 May 2026
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Latest articles

T1 Energy Shares Reach Record; What Comes Next Is Uncertain

T1 Energy Shares Reach Record; What Comes Next Is Uncertain

2 June 2026
T1 Energy Inc. surged 12.5% to a record $12.18 as investors bet on its solar modules for AI data centers, outpacing peers after strong Q1 results and bullish options activity; the rally lifted shares above recent analyst targets, but risks remain with single-customer reliance, pending $400M+ factory financing, and ongoing debate over tax-credit eligibility.
Redwire’s Space Surge Pauses as Jefferies Lowers Rating

Redwire’s Space Surge Pauses as Jefferies Lowers Rating

2 June 2026
Redwire shares rose 0.7% after Jefferies cut its rating to “Hold,” warning the stock’s 223% year-to-date rally outpaced fundamentals, with adjusted EBITDA expected to stay negative in 2026; as SpaceX’s record IPO looms, Redwire’s backlog hit a record $498.1 million, but risks include unconverted orders and a recent share sale that raised $63.5 million while increasing share count.
BlackBerry Stock Hits 52-Week High as Traders Watch BB

BlackBerry Stock Hits 52-Week High as Traders Watch BB

2 June 2026
BlackBerry shares surged 4.2% to a 52-week high of $10.26 as investors piled in on QNX robotics-software momentum, FedRAMP security recertification, a renewed buyback, and heavy investor-conference attention, but with a price-to-earnings ratio of 114, the stock’s rapid $2.1 billion market cap jump faces a critical test at the June 25 earnings report.
Grab Stock Barely Moves. Its Bank Bet Is the Real Test Now

Grab Stock Barely Moves. Its Bank Bet Is the Real Test Now

2 June 2026
Grab Holdings slipped 0.3% to $3.60 as investors weighed its 24% Q1 revenue jump and $120 million profit against unchanged full-year guidance and ongoing concerns about costs and risks tied to its Superbank consolidation, digital banking exposure, and consumer spending pressures.
Bitmine Faces Market Jolt as $11.6B Ether Position Hits Rough Patch

Bitmine Faces Market Jolt as $11.6B Ether Position Hits Rough Patch

2 June 2026
Bitmine shares plunged 6.5% to $17.62 after the company revealed its ether holdings hit 5.42 million tokens, exposing investors to a $502 million drop in ETH value as the token slid 4%, underscoring the stock’s sensitivity to crypto price swings and Bitmine’s shift from bitcoin mining to massive ether bets.
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