Today: 2 May 2026

Dow Jones today: Record highs hold as investors brace for Friday jobs report

Dow Jones today: Record highs hold as investors brace for Friday jobs report

The Dow Jones Industrial Average rose 0.9% Tuesday, nearing the 50,000 mark, led by gains in UnitedHealth and Amazon. S&P 500 and Nasdaq each added about 0.5%. Traders looked ahead to Friday’s U.S. jobs report for signals on Federal Reserve rate moves. Richmond Fed President Thomas Barkin said future rate changes will depend on incoming data.
6 January 2026
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KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA shares rose 3.4% to $1,398.66 Tuesday after Cantor Fitzgerald upgraded the stock to “overweight” and raised its price target to $1,500. The move followed strong AI-linked demand signals at CES and gains across chip-equipment stocks. Investors await KLA’s next earnings date as China policy risk remains in focus.
6 January 2026
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Hecla Mining stock jumps 12% as silver tops $80 and Investor Day nears

Hecla Mining stock jumps 12% as silver tops $80 and Investor Day nears

Hecla Mining shares surged 11.6% to $22.02 in afternoon trading Tuesday, tracking a 5.3% jump in spot silver to $80.57 an ounce. The move follows Hecla’s announcement of an Investor Day and NYSE closing bell event on January 26. Other U.S.-listed silver miners rose but lagged Hecla’s gains. Investors await Friday’s U.S. payrolls report for further direction.
6 January 2026
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BMNR stock slides as BitMine’s $14.2B crypto hoard and new Wall Street call sharpen focus

BMNR stock slides as BitMine’s $14.2B crypto hoard and new Wall Street call sharpen focus

BitMine Immersion Technologies shares dropped 5.4% to $31.54 Tuesday as bitcoin prices fell and crypto-linked stocks weakened. The company reported $14.2 billion in crypto and cash holdings, including over 4.1 million ether and 192 bitcoin. Cantor Fitzgerald began coverage with an Overweight rating and a $39 target. Investors await a Jan. 15 vote on raising the authorized share count.
6 January 2026
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Regencell Bioscience (RGC) stock jumps again: what to know behind the latest sharp swing

Regencell Bioscience (RGC) stock jumps again: what to know behind the latest sharp swing

Regencell Bioscience Holdings shares jumped 18.3% to $31.99 in midday Nasdaq trading Tuesday, after swinging between $26.60 and $34.40. No new company statements have been posted since its Oct. 31 annual report, which disclosed a DOJ trading probe and “substantial doubt” about its ability to continue as a going concern. About 850,000 shares changed hands.
6 January 2026
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GE Aerospace stock rises on supersonic test update — what traders are watching next

GE Aerospace stock rises on supersonic test update — what traders are watching next

GE Aerospace shares climbed 0.7% to $326.65 Tuesday after Starfighters Space reported completing three supersonic captive-carry test flights for GE’s ATLAS propulsion program. The test, funded by the U.S. Department of Defense, used F-104 aircraft at Kennedy Space Center. Investors await GE Aerospace’s quarterly earnings webcast on Jan. 22.
6 January 2026
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AST SpaceMobile stock jumps as AT&T tees up satellite-to-phone beta, BlueBird 7 launch looms

AST SpaceMobile stock jumps as AT&T tees up satellite-to-phone beta, BlueBird 7 launch looms

AST SpaceMobile shares rose 7% to $97.27 after AT&T said it plans a beta direct-to-device satellite service using AST’s network in the first half of 2026. AST said its BlueBird 7 satellite has arrived in Florida for launch, with four more launches planned before March. AT&T has not set a commercial rollout date. Investors are watching for confirmation of launch timing and service milestones.
6 January 2026
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Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

Western Digital shares surged 15.8% to $217.54 Tuesday afternoon, leading gains in storage and memory stocks amid renewed AI-driven demand. Peers Sandisk, Seagate, and Micron also climbed sharply. CES headlines and executive remarks on AI infrastructure fueled the rally. Traders are watching Friday’s U.S. jobs report for signals on the Federal Reserve’s next move.
6 January 2026
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Beam Therapeutics stock rises 5% after BofA lifts target to $45

Beam Therapeutics stock rises 5% after BofA lifts target to $45

Beam Therapeutics shares rose about 5% to $28.24 by early afternoon Tuesday after Bank of America raised its price target to $45 and reaffirmed a buy rating. The stock touched $30.49 before paring gains. A new SEC filing showed Chief Legal Officer Christine Bellon sold 1,254 shares on Dec. 31 in an automatic transaction tied to tax withholding.
6 January 2026
Boeing stock rises as Bernstein lifts target to $277, but 737 supply signals stay in focus

Boeing stock rises as Bernstein lifts target to $277, but 737 supply signals stay in focus

Boeing shares rose 0.7% to $229.76 Tuesday after Bernstein raised its price target to $277 and reiterated an Outperform rating. Investors are watching jet production and supplier flows as 737 MAX fuselage shipments from Spirit AeroSystems fell below Boeing’s monthly goal. Airbus delivered 793 planes in 2025, according to industry sources. Boeing’s next earnings report is expected Jan. 27.
6 January 2026
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Johnson & Johnson stock ticks up on lupus drug data as earnings loom

Johnson & Johnson stock ticks up on lupus drug data as earnings loom

Johnson & Johnson shares rose 0.5% to $205.41 midday Tuesday after reporting positive Phase 2b results for its lupus drug nipocalimab and announcing plans for Phase 3 trials. The company also filed in Europe to expand use of its myeloma drug combo Tecvayli and Darzalex. J&J continues to face pressure from ongoing talc litigation, with more trials expected this year.
6 January 2026
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Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

Microchip Technology shares jumped 10.2% to $73.93 after the company raised its fiscal Q3 net sales outlook to about $1.185 billion, above its prior forecast. CEO Steve Sanghi cited strong bookings and a higher March-quarter backlog. The company will release full results Feb. 5 and filed an 8-K update with regulators. Several analysts raised price targets following the announcement.
6 January 2026
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Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

Uber shares rose 5% to $84.93 Tuesday after unveiling a production-ready robotaxi with Lucid and Nuro at CES. Testing began in December, with a Bay Area launch planned later this year. The move follows a downgrade to “sell” by Melius Research, which cited rising competition in autonomous vehicles.
6 January 2026
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Bank of America stock edges higher after Barclays target hike as earnings near

Bank of America stock edges higher after Barclays target hike as earnings near

Bank of America shares rose 0.4% to $57.15 midday Tuesday after Barclays and JPMorgan raised their price targets. Citigroup gained 0.5%, Wells Fargo slipped 0.4%, and JPMorgan was flat. Investors await Friday’s U.S. jobs report and Bank of America’s Jan. 14 earnings for direction. Morgan Stanley filed to launch bitcoin and solana ETFs as banks expand into digital assets.
6 January 2026
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Stock Market Today

  • Magnum Ice Cream Undervalued by 68% According to DCF Model Despite Recent Share Price Moves
    May 2, 2026, 9:54 AM EDT. Magnum Ice Cream (ENXTAM:MICC) shares are trading at €12.44, reflecting a 10.3% rise in the last week but a 6.4% decline year-to-date. A Discounted Cash Flow (DCF) analysis, projecting free cash flows to equity out to 2035, assigns a fair value of €38.77 per share, implying the stock is undervalued by 67.9%. The company's free cash flow is forecasted to grow from €158.6 million to €814.0 million by 2030. Despite mixed recent market sentiment in the food and beverage sector, the DCF suggests significant upside. However, Magnum Ice Cream scores only 3 out of 6 on valuation checks, indicating some caution is warranted. Investors should consider these factors when assessing whether the current price reflects the firm's intrinsic value or market optimism.

Latest article

SoundHound AI Stock Surges 20%: Why SOUN Traders Are Watching May 7

SoundHound AI Stock Surges 20%: Why SOUN Traders Are Watching May 7

2 May 2026
SoundHound AI shares surged 20.1% to $9.56 Friday, valuing the company at $3.94 billion ahead of its May 7 earnings report. No new company news drove the move, but short-squeeze speculation intensified as 38% of the public float was sold short as of April 15. SoundHound recently expanded a partnership with Casey’s and announced a pending acquisition of LivePerson’s assets. The LivePerson deal still requires shareholder and regulatory approvals.
eBay Stock Jumps After GameStop Takeover Report Raises a $46 Billion Question

eBay Stock Jumps After GameStop Takeover Report Raises a $46 Billion Question

2 May 2026
eBay shares surged over 13% in after-hours trading Friday following reports that GameStop is preparing a takeover bid. GameStop has quietly built a stake in eBay and may take an offer directly to shareholders if the board resists, Reuters reported. No formal offer, price, or financing details have been announced.
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