Today: 3 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.

Robinhood stock slips before the bell after crypto revenue miss; HOOD investors eye costs

Robinhood stock slips before the bell after crypto revenue miss; HOOD investors eye costs

Robinhood shares fell about 1% to $85.60 premarket Wednesday after a 6.3% drop Tuesday, as fourth-quarter revenue missed estimates despite record highs. Crypto trading revenue slid 38% to $221 million, offsetting gains in equities and options. Platform assets rose 68% to $324 billion. Management projected 2026 operating expenses up to $2.725 billion as the company invests in new products and expansion.
Pfizer stock slips before the open after a run to $27.73 — here’s what’s driving PFE now

Pfizer stock slips before the open after a run to $27.73 — here’s what’s driving PFE now

Pfizer shares slipped 0.3% to $27.52 in premarket trading Wednesday after a 2.1% gain the previous session. The company agreed to a $29 million settlement with the SEC over a 2013 insider-trading case tied to SAC Capital, pending court approval. Pfizer joined Swiss biotech incubator BaseLaunch as a partner. Investors await Friday’s U.S. consumer price index report.
Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor shares rose 0.8% to $4.73 in premarket trading Wednesday after a 5.1% drop Tuesday on heavy volume. UBS raised its price target to $5 but kept a neutral rating. Investors are awaiting Opendoor’s Feb. 19 earnings and webcast, with focus on cash use, margins, and inventory. S&P 500 futures edged up 0.1% ahead of a delayed U.S. jobs report.
Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America shares fell 1.8% to $55.39 Tuesday, leading declines among major U.S. banks as financial stocks slid. Investors await a delayed January jobs report Wednesday and inflation data Friday, both seen as pivotal for Federal Reserve rate expectations. AI-driven disruption fears pressured wealth managers and brokerages. U.S. stock futures edged higher premarket, but trading remained cautious.
SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi Technologies shares slipped 0.9% to $21.00 in premarket trading Wednesday after a weak close, as investors weighed insider selling and upcoming U.S. labor data. Citizens upgraded the stock to Market Outperform, citing recent pressure from risk-off trades. Director Steven Freiberg disclosed selling 94,225 shares to cover option exercise costs. SoFi recently posted record Q4 adjusted revenue of $1 billion.
11 February 2026
Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify reported fourth-quarter revenue of $3.67 billion, up 31%, and gross merchandise volume of $123.8 billion. The company forecast first-quarter revenue growth in the low-thirties percentage range and announced a $2 billion share buyback. Net income fell to $743 million from $1.29 billion a year earlier. Shopify expects a lower free cash flow margin in Q1 compared to last year.
11 February 2026
Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Novelis reported a $160 million fiscal Q3 loss after two fires at its Oswego, New York, aluminum plant cut shipments by 11%. Repairs are expected to finish by end-June, but Ford said full operations may not resume until as late as September, affecting F-150 production costs. Novelis estimated fire-related repair costs at $255 million. No injuries were reported.
11 February 2026
Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide Building Society has begun accepting digital signatures for mortgage deeds, eliminating the need for witnessed wet-ink signatures. The lender completed its first remortgage using a Qualified Electronic Signature, following HM Land Registry approval in August 2025. Adoption by law firms and conveyancers remains a key hurdle. Industry groups say the change could help reduce delays in UK property transactions.
11 February 2026
Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla shares slipped 0.2% to $424.44 in premarket trading Wednesday after a 1.9% gain Tuesday. Tesla named Europe chief Joe Ward as global sales head following a North America leadership exit. Tencent Cloud announced WeChat-linked in-car features for Tesla vehicles in China. In Germany, Tesla filed a criminal complaint against a union member over a secret recording at its Berlin-area plant.
Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford shares were steady in premarket trading after the company reported a $11.1 billion net loss for Q4 but projected a 2026 profit rebound. Tariffs and aluminum supply disruptions continue to pressure Ford’s truck business. The stock hovered near $13.57 as traders awaited the delayed U.S. jobs report. Ford forecast 2026 adjusted EBIT of $8–10 billion and free cash flow of $5–6 billion.
11 February 2026
QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group shares fell 66% to $3.74 Tuesday after reports of debt restructuring talks that could involve Chapter 11 bankruptcy. Trading was briefly halted as the stock swung between $2.88 and $11.16, with 1.5 million shares traded. QVC reported $6.6 billion in debt as of September 30. Investors await the company’s quarterly results on February 26 for updates on liquidity.
11 February 2026
UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst shares surged 15% to $230.01 premarket Tuesday after Bloomberg reported takeover talks with Cintas. Cintas confirmed a $275-per-share cash offer in December, valuing UniFirst at $5.2 billion. UniFirst’s board is reviewing the proposal with advisers and has not commented further. Trading volume in UniFirst quadrupled, while investors await updates from either company.
11 February 2026
LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.
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Latest articles

BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Shares Jump as Investors Bet on QNX

3 June 2026
BlackBerry’s U.S. shares surged to a 52-week high, closing up 6.17% at $10.32 after CFO Tim Foote declared the company’s turnaround “complete” and QNX is now driving growth, but with earnings due June 25, investors await proof that revenue gains justify the rally as QNX faces competition and unpredictable government sales.
HPE Shares Surge, Attention Turns to Next Steps After AI Rally

HPE Shares Surge, Attention Turns to Next Steps After AI Rally

3 June 2026
Hewlett Packard Enterprise surged 19.5% to $56.15 after raising its fiscal 2026 revenue growth outlook to 29%–33% on record Q2 sales, prompting major analysts to hike price targets as AI-fueled server and networking demand drove results; shares dipped 1.5% premarket as investors weighed sustainability of the rally.
Nvidia CEO Push Sends Marvell to Record; Next Steps Loom

Nvidia CEO Push Sends Marvell to Record; Next Steps Loom

3 June 2026
Marvell soared 32.5% to a record $290.79 after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling a $260 billion market cap and a rally in chip stocks; investors see Marvell as a key AI infrastructure play, but with shares trading near 100 times earnings, any slowdown in AI orders or margins could trigger a sharp reversal.
Nu Holdings Stock Falls After CFO Departs

Nu Holdings Stock Falls After CFO Departs

3 June 2026
Nu Holdings plunged 8.16% to $11.93, near a one-year low, after BofA Securities downgraded the stock to Underperform and Nubank named former Visa executive Rob Livingston as CFO, raising investor focus on leadership transition, credit quality, and execution in Brazil and Mexico as non-performing loans and credit loss allowances climbed last quarter.
Laser Photonics Jumps After Anti-Drone Deal, Traders Watch Next Move

Laser Photonics Jumps After Anti-Drone Deal, Traders Watch Next Move

3 June 2026
Laser Photonics shares soared 160.92% Tuesday and jumped another 27.27% premarket to $3.08 after its Laser Shield Anti-Drone system was selected for a defense technical-exchange, but the move is fueled by evaluation news—not a contract—while a Nasdaq filing issue still threatens its listing.
Nvidia Shares Fall Even as AI Stocks Break Records, Traders Eye Taiwan

Nvidia Faces $5.4 Trillion Question as Marvell Joins AI Rally

3 June 2026
Nvidia shares slipped $1.46 to $222.82 in early U.S. premarket trading Wednesday after CEO Jensen Huang’s Computex remarks, pausing after recent AI-driven gains; investors now watch if the dip signals a cooling AI rally or just noise ahead of Broadcom results and key economic data.
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