Today: 3 May 2026

Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy rose 3.7% to $366.25 Friday, ending a four-day slide as utilities led U.S. equities higher on the first trading day of 2026. The stock remains 11% below its October peak. Investors are watching a Jan. 12 debt-exchange deadline tied to Constellation’s Calpine deal and next week’s U.S. labor data. Trading volume was 2.3 million shares, slightly below the 50-day average.
Reddit stock jumps as Needham calls it the “new homepage” for AI answers

Reddit stock jumps as Needham calls it the “new homepage” for AI answers

Reddit shares jumped 5.3% to close at $241.89 Friday, near the session high, after a Needham analyst highlighted the platform’s growing role as a source for AI-generated answers. The move came as investors weighed bullish analyst notes and ongoing data-licensing deals with Google and OpenAI. The S&P 500 ETF rose 0.2%, while Meta fell 1.4% and Pinterest gained 2.7%. Reddit traded between $228.44 and $242.69.
Rigetti (RGTI) stock jumps as quantum names rebound; SEC filing flags insider sale plan

Rigetti (RGTI) stock jumps as quantum names rebound; SEC filing flags insider sale plan

Rigetti shares jumped 6.6% to $23.60 Friday, trading over 37 million shares as tech stocks rebounded to start 2026. Director Alissa Fitzgerald filed to sell 59,316 shares, valued at about $1.31 million, after the close. The stock traded between $21.62 and $24.00. Investors are watching for U.S. jobs data Jan. 9 and Rigetti’s earnings in early March.
Pfizer stock today: PFE ends first 2026 session higher as pricing scrutiny returns and Feb. 3 results loom

Pfizer stock today: PFE ends first 2026 session higher as pricing scrutiny returns and Feb. 3 results loom

Pfizer shares closed up 1.1% at $25.18 on Friday, after leading U.S. drugmakers in January list-price hikes, including a 15% increase for its COVID vaccine Comirnaty. The stock remains below its 52-week high of $27.69. Investors await Pfizer’s Feb. 3 earnings update and monitor upcoming U.S. jobs and inflation data.
Starbucks stock today: SBUX slips after MrBeast tie-up as investors eye earnings and rates

Starbucks stock today: SBUX slips after MrBeast tie-up as investors eye earnings and rates

Starbucks shares closed down 0.3% at $83.97 Friday, about 29% below their 52-week high. The company announced a marketing tie-in with YouTube creator MrBeast’s “Beast Games” and a limited-time drink launching Jan. 14. Investors are watching upcoming earnings, U.S. store changes, and the timeline for Starbucks’ China joint venture with Boyu Capital.
MercadoLibre stock (MELI) drops 2% as 2026 opens; traders eye $2,000 and next catalysts

MercadoLibre stock (MELI) drops 2% as 2026 opens; traders eye $2,000 and next catalysts

MercadoLibre shares fell 2.0% to $1,973.70 Friday, closing below both their 50-day and 200-day moving averages after Zacks Research downgraded the stock to “strong sell.” The stock now trades about 25% below its 52-week high, with a market cap near $100 billion. U.S. markets are closed Saturday. Investors await the company’s next earnings report, expected around Feb. 19.
3 January 2026

Stock Market Today

  • Is Singapore Exchange (SGX:S68) Overvalued After 55% Rally?
    May 3, 2026, 7:46 AM EDT. Singapore Exchange (SGX:S68) has surged 55.1% over the past year, with a 27.3% gain year-to-date. Despite this strong price performance, valuation models suggest caution. The company's Excess Returns model indicates the stock is approximately 30% overvalued at around SGD21.70, based on intrinsic value estimates of SGD16.64. Other valuation metrics, including Price-to-Earnings (P/E) ratios and discounted cash flow approaches, point to similar concerns. Investors should weigh these assessments carefully against the exchange operator's role in Singapore's capital markets amid changing trading volumes, product mix, and regulatory shifts. The stock holds a zero score on key valuation checks, raising questions about its future valuation potential.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 03.05.2026

3 May 2026
Rivian shares fell 8.4% to $15.02 after first-quarter results beat expectations, as investors focused on cash burn and profitability concerns. Trading volume jumped 78% above average. The company plans to ramp up R2 SUV production in Georgia to 300,000 units annually. Tesla and Lucid Group shares both rose more than 2%.
Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

3 May 2026
Vertiv shares hit a 52-week high Friday before closing at $328.31, following a 30% jump in Q1 net sales to $2.65 billion. The company raised its 2026 outlook and recently acquired Strategic Thermal Labs, expanding its liquid cooling portfolio. Investors await further details at Vertiv’s May 19-20 conference in South Carolina.
AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

3 May 2026
AT&T closed a $6 billion sale of long-dated notes on April 30, with maturities ranging from 2033 to 2066, according to an SEC filing. The company reported first-quarter free cash flow of $2.5 billion, down from $3.1 billion a year earlier, citing higher capital investment. AT&T is preparing to close a $23 billion purchase of EchoStar spectrum licenses. CFO Pascal Desroches said net debt to adjusted EBITDA rose to 2.71 times.
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