Today: 2 May 2026

Roblox stock drops as outage reports, insider sale and TD Cowen cut put engagement in focus

Roblox stock drops as outage reports, insider sale and TD Cowen cut put engagement in focus

Roblox shares dropped 5.6% to $76.47 Tuesday after outage reports, insider selling, and a bearish broker note citing slowing user engagement. TD Cowen cut its price target to $70, warning of a sharper-than-expected December slowdown. Director Anthony P. Lee sold 59,000 shares last week. Roblox also launched new ad formats at CES 2026 while outages peaked overnight, according to Downdetector.
6 January 2026
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Travere Therapeutics TVTX stock slides 5% as FDA decision on Filspari nears

Travere Therapeutics TVTX stock slides 5% as FDA decision on Filspari nears

Travere Therapeutics shares dropped 5.3% to $36.09 Tuesday ahead of the FDA’s Jan. 13 decision on expanding kidney drug Filspari’s label. Options trading surged, with heavy put activity at the $35 strike. Chief Medical Officer Jula Inrig disclosed a planned sale of 15,000 shares to cover taxes. CEO Eric Dube will present at the J.P. Morgan Healthcare Conference on Jan. 12.
6 January 2026
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Amphenol (APH) stock steadies after sharp swing with earnings in view

Amphenol (APH) stock steadies after sharp swing with earnings in view

Amphenol shares climbed 0.4% to $140.40 Tuesday after rebounding from an intraday low of $130.70. The company will pay a $0.25 per share dividend Jan. 7 and reports Q4 results Jan. 28. A Zacks note put 2026 earnings estimates at $4 a share and the stock at 35 times forward earnings. Traders watched for stability near $140 as volatility persisted in AI infrastructure stocks.
6 January 2026
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MARA stock slips as bitcoin retreats; Morgan Stanley ETF filing keeps crypto shares in focus

MARA stock slips as bitcoin retreats; Morgan Stanley ETF filing keeps crypto shares in focus

Shares of MARA Holdings dropped 1.4% to $10.45 Tuesday afternoon as bitcoin fell 2.3%, reversing part of its early-year gains. The stock traded between $9.97 and $10.68, with traders watching the $10 level. Morgan Stanley filed for bitcoin and solana ETFs, signaling more Wall Street interest. Other crypto stocks were mixed, with Strategy down 3.9% after reporting a $17.44 billion unrealized loss on digital assets.
6 January 2026
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TeraWulf stock slides late Tuesday as bitcoin retreats; what WULF traders are watching next

TeraWulf stock slides late Tuesday as bitcoin retreats; what WULF traders are watching next

TeraWulf shares dropped 2.2% to $13.32 Tuesday as bitcoin slipped 2% to near $92,500 after recent highs. Other crypto miners traded mixed, with IREN falling, Marathon Digital down, and Riot Platforms edging up. TeraWulf’s stock swung between $12.49 and $13.72. Investors await U.S. inflation data Jan. 13 and the Fed’s meeting Jan. 27–28.
6 January 2026
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Halliburton stock drops on fresh downgrades as Venezuela rally fades

Halliburton stock drops on fresh downgrades as Venezuela rally fades

Halliburton shares dropped 3.4% to $30.84 Tuesday after downgrades from Evercore ISI and Freedom Capital, which cited falling oil prices and an oversupplied market. EVP Lawrence J. Pope sold 100,000 shares at $32.25 under a pre-set plan, according to an SEC filing. Peers SLB and Baker Hughes were little changed. Oil prices also slipped, with Brent at $61.07 and WTI at $57.53.
6 January 2026
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Dow nears 50,000 as Nvidia CES remarks ignite SanDisk, Micron surge and lift Wall Street

Dow nears 50,000 as Nvidia CES remarks ignite SanDisk, Micron surge and lift Wall Street

The Dow hit a record high Tuesday, rising 1.02% to 49,476.54 as chip and healthcare shares led gains. SanDisk surged 23% on AI hardware optimism tied to CES, while Johnson Controls fell 7.5% after Nvidia’s chip announcement. Investors monitored U.S. jobs data and Fed signals following gaps caused by last year’s federal shutdown.
6 January 2026
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Spotify (SPOT) stock slides 3% in regular trade as investors eye jobs data and Feb. 10 earnings

Spotify (SPOT) stock slides 3% in regular trade as investors eye jobs data and Feb. 10 earnings

Spotify shares fell 3.3% to $574.00 by midafternoon Tuesday, underperforming the broader market. Trading volume was below average ahead of Friday’s U.S. jobs data. The drop reversed Monday’s gains and put the stock back below $600. Spotify launched a podcast campaign tied to the Golden Globes and introduced a Governors Ball feature in its app.
6 January 2026
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Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

Johnson Controls International shares fell 5.5% to $114.79 Tuesday after Nvidia CEO Jensen Huang said new chips could sharply reduce data-center cooling needs. Barclays warned HVAC stocks are exposed, noting data centers make up a significant share of JCI’s sales. Other HVAC names also declined. JCI’s next earnings update is due in early February.
6 January 2026
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Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

Qualcomm shares climbed 3.4% to $182.25 after announcing new products and an expanded automotive partnership with Google at CES 2026. The company launched its Snapdragon X2 Plus PC platform and detailed new tools for software-defined vehicles. The stock traded between $176.50 and $184.38 during the session. Investors await further design-win updates and the next quarterly report.
6 January 2026
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Stock Market Today

  • Xerox Shares Surge Over 40% After Q1 Earnings Beat and 2026 Guidance Reaffirmation
    May 2, 2026, 8:47 AM EDT. Xerox's share price jumped 43% after reporting Q1 revenue of $1.85 billion, up 26.7% year-on-year, driven by strong print segment growth. The company posted a GAAP net loss of $105 million, an improvement from last year, alongside a 3.9% adjusted operating margin, rising 240 basis points. CEO Louie Pastor highlighted progress on stabilising revenue, boosting profitability, and reducing leverage. Xerox reaffirmed its 2026 guidance, targeting revenue above $7.5 billion and adjusted operating income between $450-$500 million. Lexmark acquisition synergies remain on track, with a print sales pipeline significantly stronger. The results built confidence among investors, reversing recent share price declines and marking optimism for a business inflection point.

Latest article

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

2 May 2026
The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

2 May 2026
Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
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