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.

TeraWulf stock slides 14% as Bitcoin dips; $200 million Kentucky site deal draws scrutiny

TeraWulf stock slides 14% as Bitcoin dips; $200 million Kentucky site deal draws scrutiny

TeraWulf shares fell 13.6% to $12.79 by 10:50 a.m. EST as Bitcoin dropped nearly 5%, dragging down crypto miners. The decline followed news of TeraWulf’s $200 million Kentucky land deal and pending Maryland power-plant acquisition, which still requires FERC approval. Century Aluminum disclosed it sold 750 acres in Kentucky for $200 million and a 6.8% equity stake in the buyer’s data center venture.
4 February 2026
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Constellation Software hits a 1-year low — why analysts still see upside in CSU

Constellation Software hits a 1-year low — why analysts still see upside in CSU

Constellation Software shares hovered near a 52-week low Wednesday on the Toronto Stock Exchange, trading around C$2,342 after a steep two-day drop. Several banks cut price targets, but analysts tracked by MarketBeat kept a “moderate buy” consensus. The Sequoia Fund called the valuation “compelling” in a shareholder letter. Leadership changes continue after founder Mark Leonard stepped down last September.
4 February 2026
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Opendoor stock drops 5% after mortgage-demand data; Feb 19 results loom

Opendoor stock drops 5% after mortgage-demand data; Feb 19 results loom

Opendoor shares fell about 5% to $4.86 in late morning trading Wednesday after U.S. mortgage applications dropped 8.9% last week. Purchase applications fell 14% as Winter Storm Fern hit much of the country. Opendoor will report earnings and hold a “Financial Open House” event on Feb. 19. Other real estate stocks, including Zillow and Offerpad, also traded lower.
4 February 2026
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Qualcomm earnings day: Cantor trims QCOM target to $160 as handset worries return

Qualcomm earnings day: Cantor trims QCOM target to $160 as handset worries return

Cantor Fitzgerald and Mizuho both cut their Qualcomm price targets to $160, citing weaker handset demand and competition from MediaTek. Qualcomm shares rose 2.9% to $151.41 Tuesday but are down nearly 12% over the past month. The company reports earnings Wednesday after the bell, with Wall Street expecting $12.13 billion in revenue and $3.39 EPS for the December quarter.
4 February 2026
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BigBear.ai stock slides as dilution vote nears; CEO filing adds to the focus

BigBear.ai stock slides as dilution vote nears; CEO filing adds to the focus

BigBear.ai shares fell 6.1% to $4.65 Wednesday morning ahead of a key shareholder vote to double authorized common shares to 1 billion. CEO Kevin McAleenan recently sold 48,691 shares to cover taxes on vested stock. Pomerantz LLP is investigating potential securities violations at the company. AI-related software stocks traded unevenly as sector concerns grew.
4 February 2026
Novo Nordisk stock plunges as 2026 sales warning fuels price-war fears around Wegovy

Novo Nordisk stock plunges as 2026 sales warning fuels price-war fears around Wegovy

Novo Nordisk shares fell 16% in Copenhagen after the company warned 2026 sales and profit may drop up to 13% due to falling U.S. drug prices and tougher competition. ADRs slid nearly 4% in New York. Novo plans a share buyback of up to 15 billion Danish crowns and named Jamey Millar as its new U.S. head. CEO Mike Doustdar said Wegovy price cuts have hit results but are meant to boost future demand.
4 February 2026
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Blue Owl stock rebounds as AI fears rattle software borrowers ahead of Feb. 5 earnings

Blue Owl stock rebounds as AI fears rattle software borrowers ahead of Feb. 5 earnings

Blue Owl Capital shares rose 0.9% to $12.22 Wednesday morning, recovering from a sharp drop tied to fears of AI-driven disruption in software lending. Investors await the company’s fourth-quarter results and earnings call on Feb. 5, focusing on credit performance and fundraising. The stock remains volatile as concerns mount over loans to software firms.
4 February 2026
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Ford stock rises on Geely partnership-talk report as investors look to Feb. 10 earnings

Ford stock rises on Geely partnership-talk report as investors look to Feb. 10 earnings

Ford shares rose 1.9% to $13.99 Wednesday after Reuters reported ongoing talks with China’s Geely on potential manufacturing and technology partnerships in Europe. U.S. regulators widened a probe to 1.27 million Ford F-150s over transmission defects. Ford warned a supplier fire could cut F-Series output by 100,000 trucks through 2025. Investors await Ford’s Feb. 10 earnings for updates on disruptions.
4 February 2026
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Snap stock slips again ahead of earnings — here’s what traders are watching

Snap stock slips again ahead of earnings — here’s what traders are watching

Snap Inc shares fell about 1% to $6.03 Wednesday morning, extending a four-day losing streak ahead of its earnings report after the bell. The stock is down 48% from its 52-week high, with trading volume more than double the 50-day average. Snap will release Q4 and full-year 2025 results later today, as investors watch for updates on ad demand and its augmented reality push.
4 February 2026
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SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk shares fell 11.2% to $617.88 Wednesday morning, reversing part of a recent rally fueled by bullish analyst upgrades and strong earnings. The drop followed a surge of over 16% Monday after SanDisk reported Q2 revenue of $3.03 billion and projected Q3 revenue up to $4.8 billion. Trading volume hit 30.7 million shares Tuesday, 63% above average. SanDisk recently extended its supply deal with Kioxia through 2034.
4 February 2026
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AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD forecast first-quarter revenue around $9.8 billion, down from $10.27 billion the previous quarter, citing lower MI308 AI chip sales to China. Shares fell nearly 7% in premarket trading after the outlook missed investor expectations. The company reported a 34% jump in fourth-quarter revenue, but analysts noted data-center sales would have missed forecasts without China-related MI308 sales.
4 February 2026
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Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify shares fell 4.7% to $113.65 early Wednesday, extending Tuesday’s 8% drop. Investors weighed mixed analyst views on the company’s AI-driven “agentic commerce” strategy and a 4% merchant fee for ChatGPT checkout. Jefferies and Wolfe Research flagged profitability and valuation concerns. Wall Street’s consensus rating remains “Moderate Buy.”
4 February 2026
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AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD shares fell nearly 7% premarket after forecasting first-quarter revenue of about $9.8 billion, below its record fourth quarter. The outlook includes $390 million in China-bound AI chip sales under a U.S. license. Fourth-quarter revenue rose 34% to $10.27 billion, with net income at $1.51 billion. CEO Lisa Su expects stronger AI server demand in the second half.
4 February 2026
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AppLovin stock sinks on AI ad-tech fears ahead of Feb. 11 earnings — what’s driving the slide

AppLovin stock sinks on AI ad-tech fears ahead of Feb. 11 earnings — what’s driving the slide

AppLovin shares fell about 12% Wednesday as software stocks slumped and investors grew wary of new AI-driven ad tech rivals. Unity Software dropped 10%. AppLovin will report fourth-quarter and full-year results after U.S. markets close on Feb. 11. CloudX, a startup using AI agents for mobile ad automation, launched its product the same day.
4 February 2026
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Texas Instruments’ $7.5B Silicon Labs buy: the wireless-chip grab behind the deal

Texas Instruments’ $7.5B Silicon Labs buy: the wireless-chip grab behind the deal

Texas Instruments will acquire Silicon Labs for $231 per share in cash, valuing the deal at $7.5 billion. The companies expect to close the transaction by mid-2027, pending regulatory and shareholder approval. TI projects $450 million in annual cost savings within three years of closing. Silicon Labs shares jumped after the announcement, while TI stock fell.
4 February 2026
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KKR and Singtel clinch $5.2 billion STT GDC buyout as Asia’s AI data centre race heats up

KKR and Singtel clinch $5.2 billion STT GDC buyout as Asia’s AI data centre race heats up

KKR and Singtel agreed to buy the remaining 82% of ST Telemedia Global Data Centres for S$6.6 billion, valuing the company at S$13.8 billion. After the deal, KKR will own 75% and Singtel 25%. Singtel shares hit a record S$4.95 before closing up 1%. The transaction is expected to close in the second half of 2026, pending approvals.
4 February 2026
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Stock Market Today

  • National Grid (LSE:NG.) Shares Under Pressure; Valuation Reassessed Amid Recent Weakness
    June 4, 2026, 9:06 AM EDT. National Grid (LSE:NG.) has experienced share price volatility, with a 5.63% decline over the past week and an 11.35% drop in three months despite solid financials including £17.7 billion in revenue and £3.2 billion in net income. The stock trades at a price-to-earnings (P/E) ratio of 18.4x, below the sector average of 18.6x and peer average of 20.4x, suggesting potential undervaluation against a fair P/E estimate of 26.7x. Its 1-year total shareholder return of 19.87% and 5-year return of 82.88% show longer-term strength. Discounted cash flow (DCF) analysis values the share at around £12.80, slightly above the current £11.99 price, indicating modest upside risk amid regulatory and capital expenditure concerns.

Latest articles

Splash Beverage Stock Moves Higher — NYSE Fine Print For Traders

Splash Beverage Stock Moves Higher — NYSE Fine Print For Traders

4 June 2026
Splash Beverage soared 71% to $0.2420 after filing a plan to regain NYSE American compliance, with shares quoted at $0.3650 premarket; the rally comes as the company faces low cash, a lapsed Medterra CBD deal, and urgent needs for new financing and strategic partnerships to avoid delisting.
AT&T shares slip as SpaceX Starlink threat rattles analysts

AT&T shares slip as SpaceX Starlink threat rattles analysts

4 June 2026
AT&T shares held near $23.55 after a 4.4% drop tied to fears over SpaceX’s $135-a-share Starlink IPO and its potential $1.75 trillion valuation, as Oppenheimer downgraded AT&T citing risk to broadband growth from Starlink’s expanding, lower-priced satellite internet, while AT&T counters with new fiber offerings and bundles ahead of key investor updates.
Ford Slides 4.6% After Rally; Energy Storage Remains in Focus for Wall Street

Ford Faces Setback After Battery-Driven Stock Surge

4 June 2026
Ford shares fell 2.7% to $15.71 after May U.S. sales plunged 13.6% and new recalls hit, but premarket gains reflect investor focus on Ford Energy’s five-year, 20 GWh battery storage deal with EDF, as analysts say the energy pivot could drive higher margins and $500–$600 million EBIT if orders materialize.
Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

4 June 2026
Alphabet shares slipped about 0.7% pre-market as investors reacted to its $84.75 billion equity raise to fund massive AI infrastructure spending, with the common-stock offering set to close today and a $10 billion Berkshire Hathaway investment anchoring the deal; 2026 capital expenditures are forecast at $180–$190 billion, with stock dilution and AI demand key risks.
Bitcoin strategy shift is causing more headaches for crypto

Bitcoin strategy shift is causing more headaches for crypto

4 June 2026
Strategy Inc.’s unexpected bitcoin sale sent Bitcoin tumbling 6.7% to $62,464 and Strategy shares down 7%, rattling investors as the company’s reputation as a steadfast bitcoin holder came into question; the move triggered record ETF outflows and mass liquidations, fueling fears of a negative feedback loop for related funds.
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