Today: 4 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.

Is Shopify Down Today? Cyber Monday Outage, Cloudflare Chaos and What It Means for E‑Commerce (December 5, 2025)

Is Shopify Down Today? Cyber Monday Outage, Cloudflare Chaos and What It Means for E‑Commerce (December 5, 2025)

Shopify restored core services this morning after a week of disruptions, including a Cyber Monday login outage that locked out thousands of merchants for hours on December 1. A separate Cloudflare outage on December 5 caused widespread 500 errors, briefly affecting Shopify and other major sites. Cloudflare says it has fixed the issue. Shopify’s systems now report normal operations.
5 December 2025
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Q/C Technologies (QCLS) Stock: Shkreli-Fueled Quantum-Class Rally, Latest News and Forecasts as of December 5, 2025

Q/C Technologies (QCLS) Stock: Shkreli-Fueled Quantum-Class Rally, Latest News and Forecasts as of December 5, 2025

Q/C Technologies shares doubled over two days after Martin Shkreli disclosed a stake, set a $100 price target, and suggested interest in leading the company. The stock closed at $6.92 on Dec. 4, up 48%, with trading volume near 91 million shares. QCLS recently shifted from biotech to photonic computing and blockchain, licensing technology from Israeli firm LightSolver. Market cap stands near $20–30 million.
5 December 2025
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Coinbase’s Big Bank Crypto Pilots Mark a New Phase in Wall Street’s Digital Asset Push

Coinbase’s Big Bank Crypto Pilots Mark a New Phase in Wall Street’s Digital Asset Push

Coinbase is running pilot crypto programs with JPMorgan Chase, Bank of America, and Citigroup, CEO Brian Armstrong said at the DealBook Summit on December 3. The pilots focus on stablecoins, crypto custody, and trading. The banks have not publicly confirmed participation. Multiple outlets cite sources familiar with the projects.
5 December 2025
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TfL’s Moorgate Takeover Bid: Full List of Great Northern Stations That Could Join London Overground by 2027

TfL’s Moorgate Takeover Bid: Full List of Great Northern Stations That Could Join London Overground by 2027

Transport for London has submitted a formal proposal to take over Great Northern “inners” rail services from Moorgate, aiming for London Overground-style operations by late 2027, according to newly released documents. The plan includes doubling off-peak trains on the Welwyn Garden City and Hertford North branches and upgrading stations, using existing Class 717 trains. Approval would shift control from Govia Thameslink Railway.
5 December 2025
‘China’s Nvidia’ Moore Threads Soars Over 400% in Shanghai Debut After $1.1 Billion IPO, Supercharging Beijing’s AI Chip Ambitions

‘China’s Nvidia’ Moore Threads Soars Over 400% in Shanghai Debut After $1.1 Billion IPO, Supercharging Beijing’s AI Chip Ambitions

Moore Threads shares soared over 400% on debut Friday after an 8 billion yuan ($1.1 billion) IPO on Shanghai’s STAR Market, briefly valuing the Beijing-based GPU maker at more than 305 billion yuan ($40 billion). The stock opened at 650 yuan, far above its 114.28 yuan IPO price, marking the biggest first-day jump for a Chinese IPO over $1 billion since 2019 reforms.
5 December 2025
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WA Property Finance in Focus: Pallas Capital’s Perth Expansion, CBA’s Ellie Everington and the 5% First Home Buyer Scheme Squeeze

WA Property Finance in Focus: Pallas Capital’s Perth Expansion, CBA’s Ellie Everington and the 5% First Home Buyer Scheme Squeeze

Pallas Capital has opened its first Perth office, hiring two senior Commonwealth Bank veterans to lead its Western Australia expansion. The move follows a $23.7 million refinancing of a Perth CBD office building and comes as non-bank lending rises amid record commercial property debt. Commonwealth Bank’s Ellie Everington was also named WA state sales manager the same day. Lenders and policymakers face delays and tensions tied to the federal 5% First Home Buyer Deposit Scheme.
5 December 2025
2025 Gartner Magic Quadrant for Financial Planning Software: Workday, OneStream and Board Front an AI Arms Race in FP&A

2025 Gartner Magic Quadrant for Financial Planning Software: Workday, OneStream and Board Front an AI Arms Race in FP&A

Gartner released its 2025 Magic Quadrant for Financial Planning Software, evaluating 14 vendors including Workday, OneStream, and Board. Within hours, several vendors announced new leadership roles and AI-driven strategies. Workday reported its fourth consecutive year as a Leader, highlighting its focus on agentic AI and unified enterprise planning. Announcements followed December 4–5, 2025.
5 December 2025
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AWS, Azure And Cloudflare Outages Expose A Growing Cloud Reliability Crisis — And Why DNS Resilience Is Now Center Stage

AWS, Azure And Cloudflare Outages Expose A Growing Cloud Reliability Crisis — And Why DNS Resilience Is Now Center Stage

Cloudflare reported a fresh outage on December 5, 2025, following recent disruptions at AWS and Microsoft Azure. An October AWS outage in its US-EAST-1 region lasted about 15 hours, affecting thousands of sites and costing U.S. firms up to $650 million. Microsoft Azure also faced major incidents in late October, including a data center cooling failure in Europe.
5 December 2025
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Salesforce Stock Pops as Q3 2026 Earnings, AI Deals and AstraZeneca Partnership Lift Guidance — But Investor AI Skepticism Lingers

Salesforce Stock Pops as Q3 2026 Earnings, AI Deals and AstraZeneca Partnership Lift Guidance — But Investor AI Skepticism Lingers

Salesforce reported Q3 FY26 revenue of $10.3 billion, up 9%, and adjusted EPS of $3.25, beating estimates. The company raised its full-year outlook, now projecting up to $41.55 billion in revenue and $11.77 adjusted EPS, citing strong demand for its AI products and the $8 billion Informatica acquisition. Remaining performance obligation rose 12% to $59.5 billion.
5 December 2025
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Gold Price Today, December 5, 2025: Yellow Metal Firms on Weak Dollar as Fed Cut Bets Grow and Silver Nears Record High

Gold Price Today, December 5, 2025: Yellow Metal Firms on Weak Dollar as Fed Cut Bets Grow and Silver Nears Record High

Spot gold rose 0.5% to above $4,220 an ounce Friday as a weaker U.S. dollar offset high bond yields ahead of key inflation data. U.S. gold futures traded near $4,258. Silver held near $58 an ounce after hitting a record this week, more than doubling in 2025. In India, MCX gold futures hovered at record levels around ₹1.30 lakh per 10 grams.
5 December 2025
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New Fortress Energy (NFE) Stock: Puerto Rico Gas Deal Triggers Relief Rally Amid Going‑Concern Fears – December 5, 2025

New Fortress Energy (NFE) Stock: Puerto Rico Gas Deal Triggers Relief Rally Amid Going‑Concern Fears – December 5, 2025

New Fortress Energy shares jumped in pre-market trading December 5 after final approval of a 7-year LNG supply deal with Puerto Rico. The stock closed at $1.40, up to $1.56 pre-market, but remains down over 90% from its 52-week high. The company faces “substantial doubt” about its ability to continue as a going concern and is restructuring $7–9 billion in debt. Market cap stands at $400 million.
5 December 2025
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Mauritania Ramps Up Green Hydrogen and Solar: 12.5M‑Ton Target, 160 MW Solar Plant and Megaton Moon P2X Deal by 2035

Mauritania Ramps Up Green Hydrogen and Solar: 12.5M‑Ton Target, 160 MW Solar Plant and Megaton Moon P2X Deal by 2035

Mauritania announced plans to produce 12.5 million tonnes of green hydrogen by 2035, unveiling new solar, wind, and Power-to-X megaprojects. The government introduced Africa’s first Green Hydrogen Code and secured over €39 million from France for solar plants with storage. European firms GreenGo Energy and Select Energy are advancing the “Megaton Moon” hydrogen and ammonia complex. Mauritania aims to become a major exporter to Europe.
5 December 2025
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Hang Seng Index Rises 0.9% This Week as Fed Cut Bets Clash With Crash Warnings

Hang Seng Index Rises 0.9% This Week as Fed Cut Bets Clash With Crash Warnings

The Hang Seng Index closed up 0.6% at 26,085.08 on Friday, ending the week 0.9% higher despite early losses and persistent concerns over property and factory data. Ping An Insurance jumped 6.7% and Baidu rose 5%, while Shenzhou International dropped 3.4% after a downgrade. Mainland Chinese benchmarks also gained about 0.7–0.8%.
5 December 2025
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EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQB Inc. will acquire PC Financial from Loblaw Companies for about $800 million, making EQB the exclusive financial partner of the PC Optimum loyalty program. Loblaw will receive roughly 7.2 million EQB shares and cash, gaining an estimated 16–17% stake in EQB. Loblaw expects to extract $500 million in capital from PC Bank before closing. The deal is set to close in 2026, pending regulatory approval.
5 December 2025
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USA Rare Earth (USAR) Stock Soars on New Supply Deals: Latest News, Forecast and Analysis as of December 5, 2025

USA Rare Earth (USAR) Stock Soars on New Supply Deals: Latest News, Forecast and Analysis as of December 5, 2025

USA Rare Earth shares jumped 25% to $17.50 on December 5 after announcing new rare-earth supply agreements. The stock rebounded sharply following an 11-session losing streak in November that wiped out $1.4 billion in value. Market cap stands at about $2.3 billion, with no trailing revenue and a TTM EPS of –$3.88. The company plans commercial magnet production in Oklahoma in 2026.
5 December 2025
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Rubrik Stock (RBRK) Jumps on Surprise Q3 Profit – Is the AI Security Darling Still a Buy?

Rubrik Stock (RBRK) Jumps on Surprise Q3 Profit – Is the AI Security Darling Still a Buy?

Rubrik shares surged over 13% in after-hours trading on December 4 after reporting a surprise non-GAAP profit and 48% year-over-year revenue growth for fiscal Q3 2026. The stock closed at $70.43 and briefly topped $82 post-earnings, pushing its market value near $14 billion. Rubrik’s adjusted earnings hit $0.10 per share, reversing a loss, while free cash flow quadrupled to $76 million.
5 December 2025
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Meta Platforms (META) Stock Surges as Metaverse Spending Is Slashed and AI Strategy Accelerates

Meta Platforms (META) Stock Surges as Metaverse Spending Is Slashed and AI Strategy Accelerates

Meta shares jumped over 3% to $661.53 on December 4 after reports of a potential 30% cut to its metaverse budget and a shift toward AI infrastructure. The company’s market cap stands near $1.7 trillion, with Reality Labs facing the steepest reductions and possible layoffs in early 2026. Pre-market trading on Friday showed continued gains.
5 December 2025
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SoFi Stock Slides After Second $1.5 Billion Share Sale in 2025 – What It Means for SOFI’s 2026 Outlook

SoFi Stock Slides After Second $1.5 Billion Share Sale in 2025 – What It Means for SOFI’s 2026 Outlook

SoFi Technologies priced a $1.5 billion public stock offering late Thursday at $27.50 per share, about 7% below its $29.60 close. Shares fell over 3% in after-hours trading, briefly dropping 5–6% as investors reacted to dilution. The deal marks SoFi’s second $1.5 billion equity raise this year. The company’s stock remains up 92% year-to-date.
5 December 2025
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Stock Market Today

  • Marvell Technology Gains on Nvidia CEO's Trillion-Dollar Prediction
    June 3, 2026, 8:53 PM EDT. Marvell Technology (MRVL) surged over 40% in early June after Nvidia CEO Jensen Huang dubbed it "the next trillion-dollar company" at Computex 2026. Trading above $300, Marvell's market cap reached about $250 billion. The chipmaker specializes in networking and connectivity for AI data centers, differentiating it from memory-focused peers like Micron Technology (MU), which recently hit a $1 trillion market cap driven by AI memory demand. While Marvell's valuation trades at a rich 95X forward earnings compared to Micron's 18X, investors are bullish on its role in AI infrastructure. The outlook hinges on whether Marvell can replicate Micron's explosive growth amid the AI boom.

Latest articles

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
Intel shares snap losing streak as Wall Street eyes CPU rebound

Intel shares snap losing streak as Wall Street eyes CPU rebound

4 June 2026
Intel soared 4.43% to $112.71, snapping a five-day losing streak, after unveiling new Xeon 6+ CPUs and rack-scale AI infrastructure at Computex, positioning CPUs as central to AI buildouts and sparking renewed investor interest despite ongoing risks from rivals and rising chip costs.
Five Below Drops After Strong Quarter as Traders React

Five Below Drops After Strong Quarter as Traders React

4 June 2026
Five Below stock plunged 12.6% after hours to $194.87 despite first-quarter sales and profit beating estimates and raised full-year guidance, as investors focused on management’s warnings about rising fuel costs, sticky inflation, and a tougher consumer backdrop that could threaten the chain’s strong sales momentum.
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