Today: 3 May 2026

Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

Carvana shares fell about 5% to $401.17 in Friday afternoon trading, trailing the broader market as the S&P 500 ETF edged up 0.1%. The stock touched a low of $390.87 after a strong 2025 and recent S&P 500 inclusion. CarMax rose 1.5%, while other rivals were little changed. Investors are watching for next week’s U.S. jobs and inflation data, and Carvana’s earnings expected Feb. 18.
2 January 2026
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JFrog stock sinks nearly 7% despite Barclays note on new Enterprise X price hike

JFrog stock sinks nearly 7% despite Barclays note on new Enterprise X price hike

JFrog shares fell 6.9% to $58.16 Friday after the company raised prices on its self-hosted Enterprise X tier by about 6% starting Jan. 1, according to Barclays. The drop tracked a broader slide in software stocks, with the iShares Expanded Tech-Software ETF down 2.8%. Investors are watching if the price hike affects renewals ahead of JFrog’s expected February earnings update.
2 January 2026
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Why Shopify stock is down today: Canadian court order keeps CRA data fight in focus

Why Shopify stock is down today: Canadian court order keeps CRA data fight in focus

Shopify shares dropped 1.8% to $158.08 after a Canadian appeals court ordered the company to retain merchant data sought by the Canada Revenue Agency in a tax compliance case. The CRA has requested six years of records, while Shopify typically deletes data from inactive accounts after two years. Investors also tracked broader software sector sentiment ahead of key U.S. economic reports.
2 January 2026
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Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

Uber shares rose 0.9% to $82.48 Friday after Britain barred London private-hire firms from using a VAT scheme, a move expected to raise £700 million annually. Uber rewrote contracts outside London to shift VAT responsibility to drivers, most of whom fall below the registration threshold, the Guardian reported. Lyft gained 1.6% and DoorDash slipped 1.5% in U.S. trading.
2 January 2026
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Liquidia stock drops 8% today as put-option hedging spikes — what’s next for LQDANEW YORK, Jan 2, 2026, 14:24 ET — Regular session

Liquidia stock drops 8% today as put-option hedging spikes — what’s next for LQDANEW YORK, Jan 2, 2026, 14:24 ET — Regular session

Liquidia shares fell about 8% Friday, closing at $31.70 after swinging between $30.76 and $34.97 on heavy volume. Options trading showed a surge in put buying, with 15,696 contracts traded, 56% above normal. The drop outpaced biotech peers as investors watched for updates on the company’s patent dispute over Yutrepia and its next earnings report, expected March 18.
2 January 2026
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Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital Corp shares rose 15.4% to $28.29 Friday after announcing plans to spin out its cloud business and merge it with EKSO Bionics to form ChronoScale, an AI-focused platform. The company’s fiscal Q2 results are due Jan. 7. Applied Digital will own about 97% of ChronoScale if the deal closes. The stock outperformed major indexes and sector peers.
2 January 2026
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AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie shares rose 0.2% to $228.95 after Ironwood Pharmaceuticals, its Linzess partner, raised 2026 U.S. net sales guidance and cut the drug’s list price effective Jan. 1. Ironwood shares jumped 29.5%. Ironwood now expects 2026 Linzess U.S. net sales of $1.125–$1.175 billion, up from 2025’s $860–$890 million forecast. Wall Street trading was muted as investors awaited U.S. labor data and watched for broader drug pricing moves.
2 January 2026
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Stock Market Today

  • 3 Risky Stocks Under $10 to Watch Out For in 2024
    May 3, 2026, 2:30 PM EDT. Stocks under $10 often attract investors due to their growth potential and lower option premiums. However, not all are bargains. Opendoor (NASDAQ:OPEN) trades at $5.33 but faces declining home sales and potential free cash flow margin drops. Optimum Communications (NYSE:OPTU) at $1.59 struggles with subscriber growth and high debt, risking dilution. SoundHound AI (NASDAQ:SOUN), priced at $7.97, grapples with low gross margins and negative free cash flow amid stiff competition. These companies pose significant risks due to shaky fundamentals and strategic challenges. Investors should exercise caution and consider alternatives with stronger financial health.

Latest article

TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

3 May 2026
A suspended Longtan Science Park expansion in Taiwan has been revived, potentially allowing TSMC to build next-generation chip plants, Economic Daily News reported. The proposed 104-hectare site could attract up to NT$600 billion in investment but faces land, approval, and environmental challenges. TSMC’s first-quarter net income rose 58.3% to NT$572.48 billion amid strong AI chip demand. A public hearing was held for the project in April.
Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

3 May 2026
U.S. average gasoline prices climbed to $4.446 a gallon Sunday, up 35 cents in a week and $1.275 from a year ago, according to AAA. EV sales fell 27% in the first quarter, but Cox Automotive reported a jump in shopper interest as fuel costs surged. In Delta, Ohio, gas briefly dropped to $2.63 before spiking to $4.79. The average new EV price in March was $54,508, with discounts nearing $8,000, Kelley Blue Book said.
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