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.

Bitcoin price steadies above $70,000 as Trump-era crypto rally fades — and true believers won’t budge

Bitcoin price steadies above $70,000 as Trump-era crypto rally fades — and true believers won’t budge

Bitcoin traded near $71,287 Sunday after a volatile week that saw prices dip below $60,000, erasing gains since Trump’s 2024 re-election. Congress passed new stablecoin rules as the White House pushes crypto policy. Analysts cited reduced liquidity and leverage as drivers of sharp swings. U.S. stocks rebounded Friday, lifting bitcoin and crypto-linked shares.
8 February 2026
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Roivant Sciences stock rockets after brepocitinib Phase 2 win — what ROIV investors watch next

Roivant Sciences stock rockets after brepocitinib Phase 2 win — what ROIV investors watch next

Roivant Sciences shares surged 22% to $25.82 Friday after the company reported positive Phase 2 data for brepocitinib in cutaneous sarcoidosis and filed for U.S. approval in dermatomyositis. Trading volume exceeded 24 million shares. Roivant posted a quarterly loss of $313.7 million on $2 million in revenue, with $4.5 billion in cash and equivalents.
8 February 2026
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Applied Digital stock surges 25% to $34.95 — what APLD investors are watching next week

Applied Digital stock surges 25% to $34.95 — what APLD investors are watching next week

Applied Digital shares surged 25.5% to $34.95 Friday, with 44.7 million shares traded after a volatile session. The move followed renewed interest in AI-linked infrastructure stocks and outpaced gains in peers like Core Scientific and Digital Realty. The company recently reported $126.6 million in quarterly revenue and signed major data center leases with hyperscale clients.
8 February 2026
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Archer Aviation stock jumps 12% into the weekend as small caps lead — what to watch next

Archer Aviation stock jumps 12% into the weekend as small caps lead — what to watch next

Archer Aviation shares jumped 12.5% to $7.30 Friday, with 50.5 million shares traded as small-cap stocks rallied and tech lagged. ARK Investment Management disclosed a 5.4% stake in Archer on Feb. 3. The company, which has not posted revenue, remains sensitive to sentiment and funding risks. Traders await U.S. jobs data Feb. 11 and inflation data Feb. 13.
8 February 2026
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Big Tech’s $630B AI data-center spending surge is squeezing chips, electricians — and investor patience

Big Tech’s $630B AI data-center spending surge is squeezing chips, electricians — and investor patience

Amazon shares fell 9% Friday after announcing a $200 billion capital spending plan for 2026. Alphabet and Meta also outlined record capex, raising concerns about free cash flow and forcing potential cuts to buybacks or increased borrowing. Investors punished several tech stocks, including Amazon, Alphabet, Meta, ServiceNow, and Salesforce, while Nvidia rose. The surge in AI infrastructure spending is straining supply chains and power capacity.
8 February 2026
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New MEXC safety review puts proof-of-reserves and withdrawal locks in the spotlight

New MEXC safety review puts proof-of-reserves and withdrawal locks in the spotlight

A security review published Sunday highlighted MEXC’s use of withdrawal locks, two-factor authentication, and an account-freeze tool to counter account takeovers. MEXC restricts service in the U.S., Singapore, and other major markets. The company’s guides detail whitelist-based withdrawal controls and anti-phishing codes. Proof-of-reserves reports, often cited by exchanges, may not reveal all risks, according to U.S. audit authorities.
8 February 2026
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AMD stock jumped Friday on AI-spending signals — here’s what to watch before Monday’s open

AMD stock jumped Friday on AI-spending signals — here’s what to watch before Monday’s open

AMD shares jumped 8.2% to $208.44 Friday, leading a rally in chip stocks after Amazon and Alphabet signaled higher data-center spending. Nvidia gained 7.8%, Broadcom rose 7.1%, and the PHLX semiconductor index climbed 5.7%. The sector’s rebound followed a midweek drop after AMD’s revenue forecast disappointed. U.S. jobs and inflation data next week could sway markets further.
8 February 2026
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Apple stock heads into Monday with iPhone price question back on the table

Apple stock heads into Monday with iPhone price question back on the table

Apple closed at $275.97 Friday, last indicated up 0.8% at $278.12. A global memory-chip shortage is raising questions about whether Apple will hike iPhone prices or absorb higher costs. CEO Tim Cook warned of rising chip prices but gave no details on Apple’s response. Traders are watching upcoming U.S. payrolls and inflation data that could affect rate-cut expectations.
8 February 2026
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Strategy Inc (MSTR) stock rebounds 26% as bitcoin steadies near $71,000 — what traders watch next

Strategy Inc (MSTR) stock rebounds 26% as bitcoin steadies near $71,000 — what traders watch next

Strategy Inc shares jumped 26.1% Friday to $134.93, recovering from a 17.1% drop the day before as bitcoin rebounded above $70,000. The company holds 713,502 bitcoins, bought at an average of $76,052 each. Bitcoin traded near $70,864 early Sunday after swinging from $60,018 to over $70,000 on Friday. Options markets showed heavy demand for downside protection ahead of the Feb. 27 expiry.
8 February 2026
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American Airlines stock: pilots, oil and U.S. data in focus for AAL ahead of Monday

American Airlines stock: pilots, oil and U.S. data in focus for AAL ahead of Monday

American Airlines shares jumped 7.6% to $15.24 Friday as airline stocks rallied and the Dow closed above 50,000 for the first time. CEO Robert Isom agreed to meet pilots’ union leaders after recent storm disruptions and labor tensions. Oil prices rose on Middle East supply fears. American warned the January storm could cut Q1 revenue by up to $200 million.
8 February 2026
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Stock Market Today

  • CNBC's Andrew Ross Sorkin Warns of Imminent Stock Market Crash
    June 3, 2026, 2:46 PM EDT. CNBC anchor and author Andrew Ross Sorkin warns of an impending stock market crash, citing parallels to the 1929 crash. Sorkin highlights the current market's frothy valuations, particularly driven by the artificial intelligence boom, which he describes as either a golden opportunity or an unsustainable sugar rush. He warns that despite strong rallies, underlying risks like rising market debt and weakened regulatory guardrails could trigger a loss of confidence. Sorkin cautions that a crash is inevitable, though the timing and severity remain uncertain. He also points to reduced oversight at the Consumer Protection Bureau and insufficient transparency in private companies as echoing conditions of the 1929 crash. Investors remain wary as historical risks resurface amid optimistic market sentiment.

Latest articles

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

3 June 2026
AT&T plunged 3.7% after Oppenheimer downgraded the stock, warning that SpaceX’s Starlink could threaten AT&T’s broadband and wireless growth, putting its cash-flow-driven investment case at risk as satellite competition intensifies and the firm removed its $32 price target.
Tesla gets its robotaxi move, but traders pause

Tesla gets its robotaxi move, but traders pause

3 June 2026
Tesla shares dipped 0.5% to $421.63 after launching unsupervised robotaxis across Austin, testing investor hopes that autonomy can drive profits; despite a 39.4% jump in China EV sales, traders showed caution, with Tesla’s high price-to-earnings ratio leaving the stock vulnerable to doubts about robotaxi safety and scalability.
Amazon Shares Fall as Prime Day Change Raises Investor Questions

Amazon Shares Fall as Prime Day Change Raises Investor Questions

3 June 2026
Amazon shares slid 3.2% to $248.42 as investors eyed the June 23-26 Prime Day, moved up from July, as a key test of U.S. consumer demand amid inflation concerns; AWS growth remains strong but faces rising competition, while heavy AI investment and higher delivery costs add risk.
ServiceNow Drops as AI Software Stocks Lose Steam

ServiceNow Drops as AI Software Stocks Lose Steam

3 June 2026
ServiceNow shares plunged nearly 6% to $120.14 as software stocks broadly tumbled, testing the sector’s AI-driven rally; despite strong Q1 results and bullish analyst calls, investors are questioning if AI will boost or erode enterprise software demand, with risks from delayed deals and premium valuations weighing on the stock.
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