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.

Quince Therapeutics (QNCX) stock slides before the bell after LifeSci Capital deal review move

Quince Therapeutics (QNCX) stock slides before the bell after LifeSci Capital deal review move

Quince Therapeutics shares dropped 6.6% to $0.13 in premarket trading after the company hired LifeSci Capital to advise on strategic alternatives and liability restructuring. The move follows a failed Phase 3 trial in late January and the resignation of five directors. Quince said it will not provide further updates unless its board approves a specific action.
10 February 2026
ETH price tests $2,000 as “blockchain art” talk reaches Corning, New York

ETH price tests $2,000 as “blockchain art” talk reaches Corning, New York

Ether traded near $2,022 Tuesday after dipping below $2,000 in the past day, as traders watched the key level. Standard Chartered maintained a $7,500 target for end-2026 despite recent volatility. New articles highlighted Corning, N.Y.’s glassmaking scene as a potential hub for Ethereum-based digital art and NFT sales. Market researcher Mordor Intelligence estimated the digital art market at $5.8 billion for 2025.
India fintech MIDASX hits best quarter, turns cash-flow positive as it scales AI-led distribution

India fintech MIDASX hits best quarter, turns cash-flow positive as it scales AI-led distribution

MIDASX reported a 30% year-on-year revenue increase for Q3 FY25-26 and said its SaaS business reached break-even. The company said it now works with over 1,750 intermediaries managing more than ₹2.1 trillion in client assets. MIDASX plans to add over 25 product manufacturers and expand AI-led workflows in Q4. Headcount rose to more than 100, with a new Mumbai office opened.
10 February 2026
BP stock price slides as buybacks stop — debt cuts and new CEO take over the story

BP stock price slides as buybacks stop — debt cuts and new CEO take over the story

BP shares dropped 5.2% in London after the company paused its $750 million quarterly share buyback and shifted excess cash to debt reduction and oil and gas projects. Fourth-quarter underlying replacement cost profit was $1.54 billion, with net debt cut to $22 billion. The move comes ahead of a CEO handover in April and amid ongoing asset sales, including Castrol.
10 February 2026
Bitcoin traders cool on Fed rate cuts ahead of March meeting as Warsh uncertainty bites

Bitcoin traders cool on Fed rate cuts ahead of March meeting as Warsh uncertainty bites

Traders on Polymarket put an 83% chance on the Federal Reserve holding rates steady at its March 17-18 meeting, with CME FedWatch showing just 17% odds of a cut. Bitcoin fell 0.7% to $69,106 and ether dropped 0.9% as crypto markets adjusted to President Trump’s nomination of Kevin Warsh as Fed chair. Betting markets now expect two rate cuts in 2026, down from three.
Kyndryl stock price steadies in premarket after 55% crash on SEC-linked review and delayed filing

Kyndryl stock price steadies in premarket after 55% crash on SEC-linked review and delayed filing

Kyndryl shares rose 0.4% premarket Tuesday after plunging 54.9% Monday, closing at $10.59. The company delayed its quarterly 10-Q, citing internal-control weaknesses and an SEC review of cash-management disclosures. CFO David Wyshner and the global controller exited as management reshuffled. J.P. Morgan downgraded the stock, citing uncertainty after the CFO change.
10 February 2026
Credo Technology stock jumps again in premarket after surprise revenue lift

Credo Technology stock jumps again in premarket after surprise revenue lift

Credo shares jumped 16.6% to $143.88 in premarket trading after the company projected fiscal Q3 revenue of $404 million to $408 million, well above prior guidance. The company flagged over 200% revenue growth for fiscal 2026 and expects mid-single-digit sequential growth into Q4. Full results are due March 2. The revenue figures are preliminary and unaudited.
Oracle stock snaps back after OpenAI upgrade call — $50 billion fundraising looms

Oracle stock snaps back after OpenAI upgrade call — $50 billion fundraising looms

Oracle shares jumped 9.7% to $156.59 Monday after D.A. Davidson upgraded the stock, citing easing concerns over its OpenAI exposure. Oracle plans to raise up to $50 billion in 2026 through debt and equity, including a $20 billion at-the-market share program. Melius Research downgraded Oracle, warning of cash flow risks and competition from Anthropic and Google. Microsoft and Nvidia also posted gains Monday.
Mortgage rates today: 30-year holds near 6% as borrowers chase scarce sub-6 deals

Mortgage rates today: 30-year holds near 6% as borrowers chase scarce sub-6 deals

The average 30-year fixed mortgage rate held at 5.99% on Feb. 9, according to Zillow, with little movement in recent weeks. Some lenders, including Navy Federal and Citi, still offered sub-6% rates, but terms varied. A Clever Real Estate survey found 94% of buyers would reconsider if rates rose above 6%. The Federal Reserve has no rate-setting meeting scheduled until March.
10 February 2026
Imperial Brands share price drops 1% as FTSE slips and dividend date nears

Imperial Brands share price drops 1% as FTSE slips and dividend date nears

Imperial Brands shares fell 1.1% to 3,258 pence in early London trading, near session lows, as tobacco stocks tracked a weaker FTSE 100. British American Tobacco dropped 1.5%. BP’s paused buybacks weighed on the market, sharpening focus on dividends and balance sheets. Investors are watching Imperial’s Feb. 19 ex-dividend date and upcoming trading update.
Compass Group share price stalls near 2026 low as AI worries keep CPG in focus

Compass Group share price stalls near 2026 low as AI worries keep CPG in focus

Compass Group shares slipped 0.14% to 2,078 pence in light Tuesday trading, after hitting a 2026 low last week. The company reaffirmed 2026 profit guidance and reported 7.3% organic revenue growth, but investor focus remains on AI risks and office catering demand. Compass will switch its London share trading currency to U.S. dollars on April 1. Half-year results are due May 11.
ICG plc stock slips in London after Asia-Pacific strategy hire lands

ICG plc stock slips in London after Asia-Pacific strategy hire lands

ICG plc shares fell 1.1% to 1,701p in early London trading Tuesday after the firm named Sujey Subramanian as head of its Asia-Pacific Corporate strategy, effective May 1. Assets under management stood at $127 billion at end-December, with $36 billion in uninvested capital. The stock has traded between 1,695p and 1,725p so far in the session. Full-year results are due May 21.
10 February 2026
Vodafone share price rises again as buyback filing hits tape and Egypt spectrum plan comes into view

Vodafone share price rises again as buyback filing hits tape and Egypt spectrum plan comes into view

Vodafone shares rose 1.1% to 114.55 pence in early London trading after the company disclosed a new buyback and plans to acquire 1,800MHz spectrum in Egypt. Vodafone bought 23.39 million shares on Feb. 9, to be held in treasury. The Egypt spectrum payment will start with $100 million in FY26, totaling about $350 million. LBBW raised its price target to 120 pence, maintaining a “buy” rating.
10 February 2026
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Latest articles

Archer Aviation trades under $7 as next test looms for air-taxi gamble

Archer Aviation trades under $7 as next test looms for air-taxi gamble

3 June 2026
Archer Aviation shares dipped below $7 premarket after closing at $6.74, as investors weigh heavy cash burn—$217.7 million Q1 net loss, $1.78 billion cash on hand—against hopes for first U.S. eVTOL flights this year; Cantor Fitzgerald cut its price target to $11 but kept an Overweight rating, while 46 disclosed risks and ongoing certification challenges cloud near-term outlook.
Broadcom’s $280 Billion AI Rally Hits Key Test

Broadcom’s $280 Billion AI Rally Hits Key Test

3 June 2026
Broadcom’s stock soared 14% in four days, adding $280 billion in value ahead of Wednesday’s earnings after Alphabet’s $80 billion equity raise spotlighted AI data-center suppliers; with options implying a 9% share move either way, investors await proof that surging AI demand is translating into real revenue growth.
J-Star Stock Moves Up After Texas Battery Update in Pre-Market

J-Star Stock Moves Up After Texas Battery Update in Pre-Market

3 June 2026
J-Star Holding Co. surged to $1.36 in premarket trading after new disclosures on its proposed $122.5 million Baytown, Texas solid-state battery plant, pushing shares above Nasdaq’s $1 minimum less than a week before a key shareholder vote on a reverse split aimed at regaining compliance.
Legend Biotech jumps 42% as traders look at results from small cancer study

Legend Biotech jumps 42% as traders look at results from small cancer study

3 June 2026
Legend Biotech shares soared 42% to $36.28 after early Phase 1 data showed all six higher-dose patients with relapsed or refractory B-cell non-Hodgkin lymphoma responded to its in vivo CAR-T therapy LB2501, with five complete responses; UBS raised its price target to $49, citing the therapy’s outlook, but the results are early and based on a small group with short follow-up.
T1 Energy Stock Falls Premarket After $32M KORE Battery Deal

T1 Energy Stock Falls Premarket After $32M KORE Battery Deal

3 June 2026
T1 Energy shares fell 1.3% premarket after announcing a $32 million KORE Power acquisition to expand into battery storage and AI data-center infrastructure, just a day after a 15.7% stock surge; Northland initiated coverage with an outperform rating and $16 target, but flagged deal execution and funding as key risks.
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