Today: 5 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.

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies shares rose 7.1% to $105.19 by early afternoon after the company named Ryan D. McCarthy and Daniel G. Korte as independent directors. Two current board members, including former CEO Thomas T. Edman, will step down in May. Edman disclosed plans to sell 16,800 shares. Investors await the Feb. 4 earnings call for the 2026 outlook.
2 February 2026
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Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena Corp shares rose about 6% to $267.26 by early afternoon Monday after an earlier drop, rebounding alongside other networking stocks like Corning and Nokia. The move followed analyst upgrades and news of new fiber projects in the Balkans. Wall Street’s tech sector gains came as metals prices fell sharply. Investors are watching for updates at the Mobile World Congress in early March.
2 February 2026
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Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
2 February 2026
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Impinj stock jumps about 8% as chip rally returns ahead of PI earnings

Impinj stock jumps about 8% as chip rally returns ahead of PI earnings

Impinj shares rose about 8% to $149.21 by Monday afternoon, rebounding with chip stocks as tech led Wall Street gains. The move comes ahead of Impinj’s Q4 and full-year 2025 earnings call set for Feb. 5. Semiconductor sentiment remains volatile, with AI demand driving DRAM price forecasts sharply higher. U.S. factory data showed expansion in January, further lifting markets.
2 February 2026
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UWM stock jumps nearly 9% as Two Harbors earnings near and merger math tightens

UWM stock jumps nearly 9% as Two Harbors earnings near and merger math tightens

UWM Holdings shares rose 8.6% to $5.33 by midday Monday after closing at $4.91, ahead of Two Harbors’ quarterly earnings report due after the bell. UWM last week filed a Form S-4 for its planned $1.3 billion stock-for-stock acquisition of Two Harbors. Two Harbors shares gained 7.5%. The deal’s value depends on UWM’s share price and awaits shareholder and regulatory approval.
2 February 2026
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Semtech stock jumps 9% today as SMTC hits fresh high — what’s moving the shares now

Semtech stock jumps 9% today as SMTC hits fresh high — what’s moving the shares now

Semtech shares surged 9.4% to $87.21 by midday Monday, hitting a new 52-week high of $88.59. Trading volume topped the 30-day average as the stock outpaced a 3% gain in the broader semiconductor index. The jump followed last week’s launch of new AirLink 5G “RedCap” routers targeting industrial IoT markets. Investors are watching for updates at DistribuTECH 2026 in San Diego this week.
2 February 2026
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MACOM stock jumps nearly 5% as MTSI swings sharply ahead of Feb. 5 earnings

MACOM stock jumps nearly 5% as MTSI swings sharply ahead of Feb. 5 earnings

MACOM shares rose 4.9% to $229.72 by midday Monday, rebounding from an early swing between $206.84 and $236.15 on volume over 980,000 shares. The move comes ahead of the company’s quarterly earnings release set for Feb. 5. Semiconductor stocks broadly gained, with the iShares Semiconductor ETF up 2.4%. Investors are watching for MACOM’s guidance and outlook during a busy week for tech earnings.
2 February 2026
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Soleno Therapeutics stock jumps nearly 9% today — what SLNO traders are watching next

Soleno Therapeutics stock jumps nearly 9% today — what SLNO traders are watching next

Soleno Therapeutics shares jumped 8.9% to $42.00 Monday, outpacing a broad biotech rally. The move follows attention on VYKAT XR’s U.S. launch, with preliminary 2025 revenue reported at up to $191 million and 1,250 patient starts. Investors are awaiting full financial results in late February and monitoring upcoming investor conference appearances. No new company news was released Monday.
2 February 2026
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Lumentum stock jumps 12% ahead of earnings — what traders are watching next

Lumentum stock jumps 12% ahead of earnings — what traders are watching next

Lumentum shares surged 12.2% to $439.52 in late morning trading Monday, ahead of its fiscal Q2 earnings report due after Tuesday’s close. About 2.6 million shares traded as investors focused on demand from AI data centers and margin outlook. Peers Coherent and Ciena also rose over 6%. Lumentum previously forecast Q2 revenue of $630–$670 million and adjusted EPS of $1.30–$1.50.
2 February 2026
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Sandisk stock price jumps again on a $1,000 target call — what’s driving SNDK today

Sandisk stock price jumps again on a $1,000 target call — what’s driving SNDK today

Sandisk shares surged 13.3% to $653.05 in early Monday trading after Bernstein and Raymond James raised price targets, citing strong demand and a bullish outlook. The stock has soared over 1,500% in a year, fueled by AI data center growth and firmer NAND prices. Sandisk projected Q3 revenue up to $4.8 billion. Traders are watching NAND pricing and Friday’s U.S. jobs report for further signals.
2 February 2026
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Microsoft stock dips as AI spending worries linger, with OpenAI exposure back in focus

Microsoft stock dips as AI spending worries linger, with OpenAI exposure back in focus

Microsoft shares fell 0.6% to $427.58 Monday as investors remained wary after last week’s post-earnings drop tied to AI and cloud spending concerns. The stock has lost over $350 billion in value since Jan. 29. U.S. indexes showed mixed moves, with the Dow up 0.48% and Nasdaq down 0.07% by mid-morning. Alphabet and Amazon earnings, plus the Feb. 6 jobs report, are in focus this week.
2 February 2026
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Opendoor stock slips in early trade as mortgage-rate outlook stays cloudy ahead of Feb. 19 results

Opendoor stock slips in early trade as mortgage-rate outlook stays cloudy ahead of Feb. 19 results

Opendoor shares fell 1.6% to $5.07 in early Monday trading, with volume at 11.7 million shares. The dip followed a slight drop in mortgage rates after the Fed paused on interest rates. Investors are watching for Opendoor’s Feb. 19 earnings and “Financial Open House” event. The company reported $1.9 billion in non-recourse asset-backed loans as of December 31.
2 February 2026
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Stock Market Today

  • 3 Reasons to Avoid Manhattan Associates (MANH) and One Preferred Buy
    June 4, 2026, 7:29 PM EDT. Manhattan Associates (MANH) stock has declined 15.8% over six months, underperforming the S&P 500's 11% gain. The company shows weak demand, with billings-a cash revenue proxy-growing only 5.8% annually. Its gross margin, a profitability measure after direct costs, stands at a modest 56%, lower than typical software peers, indicating higher operational costs. Additionally, its operating margin has stagnated over two years, reflecting limited improvement in profitability after expenses. Investors may find better opportunities elsewhere in software stocks with stronger margins and growth prospects.

Latest articles

Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
Fidelity Just Made SpaceX IPO Access Easier. The Catch Is Getting Shares

Fidelity Just Made SpaceX IPO Access Easier. The Catch Is Getting Shares

5 June 2026
Fidelity slashes IPO access minimum to $2,000 for SpaceX’s $75 billion offering, with up to 30% reserved for retail investors—far above the usual 5-10%—but warns high demand, potential volatility, and limited investor voting power as Elon Musk retains 82.4% control; allocations confirmed June 12.
BlackBerry stock heads toward highs as QNX robot software draws traders

BlackBerry stock heads toward highs as QNX robot software draws traders

5 June 2026
BlackBerry shares jumped 1.4% to $10.34 in heavy trading, nearing a 52-week high, as investors focused on QNX embedded software momentum despite a weak tech sector; the next key test is BlackBerry’s June 25 earnings, which will reveal if revenue growth and backlog conversion support the stock’s rally.
Nokia drops after fast AI rally, traders stay focused

Nokia drops after fast AI rally, traders stay focused

5 June 2026
Nokia shares plunged 6.15% in Helsinki, snapping a three-day rally, as investors questioned how much of the company’s AI and Nvidia partnership story was already priced in, despite Nordea raising its price target to 15.70 euros and Nokia’s recent report of 49% sales growth to AI and cloud customers.
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