Today: 3 May 2026

Datavault AI stock jumps premarket as DVLT traders focus on Jan. 7 warrant dividend clock

Datavault AI stock jumps premarket as DVLT traders focus on Jan. 7 warrant dividend clock

Datavault AI Inc shares jumped 22.7% to $0.80 in premarket trading Friday ahead of a Jan. 7 record date for proposed warrant and token dividends. Top holder Scilex reported it still owns 42.6% after selling 20.7 million shares last week. About 274,000 shares traded premarket. Warrants will require holders to also own a Dream Bowl Meme Coin II token in a Datavault wallet.
2 January 2026
Bitmine stock slips in premarket as crypto-linked shares ease into 2026

Bitmine stock slips in premarket as crypto-linked shares ease into 2026

Bitmine Immersion Technologies shares fell about 2% to $27.15 in early premarket trading Friday, even as bitcoin and ether rose. Investors are watching Bitmine’s January 15 annual meeting in Las Vegas, where shareholders will vote on board seats and key proposals. The company reported holding over 4.1 million ether, 192 bitcoin, and $1 billion in cash as of December 28. Several other crypto-linked stocks also traded lower premarket.
UK energy bills forecast to drop £138 in April 2026 after levy shake-up

UK energy bills forecast to drop £138 in April 2026 after levy shake-up

Cornwall Insight forecasts the UK energy price cap will drop 8% in April, lowering a typical annual dual-fuel bill to about £1,620. Ofgem’s cap for Jan.–Mar. rose 0.2% to £1,758, driven by higher policy and supplier costs. The April cut is linked to budget changes moving some levies to general taxation. Wholesale prices have eased, but some network charges are still set to rise.
2 January 2026
IREN stock rises in premarket as bitcoin rebounds — what traders are watching

IREN stock rises in premarket as bitcoin rebounds — what traders are watching

IREN Limited shares rose 3.1% to $38.95 in premarket trading Friday, tracking bitcoin’s 1.6% climb to $89,034. The stock, valued at $10.9 billion, traded between $37.20 and $39.03 in the previous session. Other U.S.-listed miners were mixed. Traders are watching bitcoin’s $90,000 level and IREN’s next earnings report on Feb. 11.
Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu filed a confidential application to list its AI chip unit Kunlunxin in Hong Kong as part of a planned spin-off. Baidu’s Hong Kong shares rose 7.5% to HK$141.30, while its U.S.-listed shares last closed at $130.66, down 1.3%. The company said the deal is not finalized and would require regulatory approvals. Investors await details on deal structure and potential impact on U.S. trading.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 02.01.2026

Manorama Industries' stock fell 7.3% in three months despite a 30% ROE and 47% five-year net income growth, both above industry averages. DOMS Industries' shares rose 6.9% as its 19% ROE and 38% net income growth also outpaced peers. Sunpower Group delivered a 123% total return in a year, but EPS dropped 46%. Trent Limited reported a 26% ROE, beating the sector's 12%.
Cytokinetics (CYTK) stock closes up 3.5% into year-end as Myqorzo launch nears, insider sale disclosed

Cytokinetics (CYTK) stock closes up 3.5% into year-end as Myqorzo launch nears, insider sale disclosed

Cytokinetics shares closed up 3.5% at $63.54, ahead of the planned U.S. launch of Myqorzo for obstructive hypertrophic cardiomyopathy. EVP Andrew Callos sold 1,809 shares at $62.44 under a preset trading plan, retaining 51,353 shares. Investors await U.S. pricing, early prescription data, and a late February earnings update. Myqorzo carries a boxed warning and REMS safety requirements.
2 January 2026
AXSM stock jumps after FDA sets April 30 decision date for Axsome’s AXS-05 in Alzheimer’s agitation

AXSM stock jumps after FDA sets April 30 decision date for Axsome’s AXS-05 in Alzheimer’s agitation

Axsome Therapeutics shares surged 22.9% to $182.64 on Dec. 31 after the FDA accepted its AXS-05 filing for Alzheimer’s disease agitation and set an April 30, 2026 target action date. The company also said it plans to submit an NDA for AXS-12 in narcolepsy in January, following supportive FDA meeting minutes. Trading volume reached 3.1 million shares.
2 January 2026

Stock Market Today

  • Is PriceSmart, Inc. (PSMT) a Good Stock to Buy Now?
    May 3, 2026, 4:21 PM EDT. PriceSmart, Inc. (PSMT) trades at $155.52 with a trailing P/E of 30.57. The company operates 56 warehouse clubs across 12 Latin American countries, utilizing a Costco-like membership model focused on underpenetrated markets. Its strong recurring membership revenue, accounting for 37% of operating profit, and a high 89% renewal rate underline stable cash flows. PriceSmart reported 10.6% year-over-year merchandise sales growth and expanding e-commerce, which now represents 6.6% of sales. The firm benefits from a clean balance sheet, net cash position, and flexibility for share buybacks. Despite a valuation discount to global peers, growth prospects include expanding private label penetration, logistics efficiencies, and market entry into Chile. The stock has risen about 53% since bullish coverage earlier in 2025, driven by a consistent revenue trajectory and margin expansion potential.

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Applied Materials Gets 140-Acre India Approval as AMAT Earnings and China Risks Loom

Applied Materials Gets 140-Acre India Approval as AMAT Earnings and China Risks Loom

3 May 2026
Karnataka approved 140 acres near Bengaluru airport for Applied Materials Inc. to expand its India R&D operations, with the land valued at about ₹780 crore and final clearances pending. The site at Bengaluru Signature Business Park will support AI chip development. Applied shares last traded at $389.08 ahead of its May 14 earnings report. The company opened a new 800,000-square-foot campus in Bengaluru in February.
Chipotle Stock Faces a New Test as $2.50 Tacos Chase Afternoon Diners

Chipotle Stock Faces a New Test as $2.50 Tacos Chase Afternoon Diners

3 May 2026
Chipotle is testing $2.50 tacos in Kansas City, Orlando, and Tampa from 2 p.m. to 5 p.m. on weekdays through June 2. The move follows a first-quarter revenue rise of 7.4% to $3.1 billion, though restaurant-level operating margin dropped to 23.7% from 26.2%. CMG shares last traded at $32.98 on Friday.
Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

3 May 2026
Asian suppliers now make up about 90% of Nvidia’s production costs, up from 65% last year, according to Bloomberg data. Shares of companies linked to Nvidia, including LG Electronics and Nanya Technology, rose last week after reports of new partnerships. Nvidia last traded at $198.45, down 0.6%, with U.S. markets closed Sunday. Samsung reported a surge in chip income and warned of possible supply shortages as AI demand grows.
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