Today: 3 May 2026

KOSPI’s next test: exports jump ahead of Korea Exchange’s Jan. 2 reopen

KOSPI’s next test: exports jump ahead of Korea Exchange’s Jan. 2 reopen

South Korea’s exports jumped 13.4% in December, pushing 2025 shipments to a record $709.7 billion, government data showed. The KOSPI ended 2025 at 4,214.17, up 75.6% for the year, its biggest gain since 1999. Regular trading on the Korea Exchange resumes at 10 a.m. local time on Jan. 2 after year-end holidays. The Bank of Korea’s first 2026 rate meeting is set for Jan. 15.
SoftBank stock slips in Tokyo as $41bn OpenAI investment and $4bn DigitalBridge deal take center stage

SoftBank stock slips in Tokyo as $41bn OpenAI investment and $4bn DigitalBridge deal take center stage

SoftBank shares fell 1.9% to 4,400 yen in Tokyo’s final 2025 session after confirming a $41 billion investment in OpenAI. The drop followed news of a $4 billion deal to acquire U.S. digital infrastructure investor DigitalBridge. Broader Tokyo markets also slipped before the New Year holiday closure. DigitalBridge shares rose on the deal announcement.
Is the Stock Market Open on New Year’s Day 2026? Here’s When Trading Reopens

Is the Stock Market Open on New Year’s Day 2026? Here’s When Trading Reopens

U.S. stock markets are closed Thursday for New Year’s Day and will reopen Friday, Jan. 2. Stocks traded normal hours on New Year’s Eve, while U.S. bond markets closed early at 2 p.m. ET. Major indexes slipped in thin trading to end 2025, despite double-digit gains for the year. Overseas, London and Tokyo markets are also shut for the holiday.
Nasdaq ends 2025 on a down note; markets closed today as jobs report, CPI loom

Nasdaq ends 2025 on a down note; markets closed today as jobs report, CPI loom

The Nasdaq Composite dropped 0.8% Wednesday to close 2025 at 23,241.99, while the S&P 500 lost 0.7% and the Dow fell 0.6%. U.S. markets are closed Thursday for New Year’s Day. Investors await the Jan. 9 jobs report, Jan. 13 inflation data, and the start of bank earnings for direction. Trading volume was below average, with tech and energy shares leading declines.
Cytokinetics (CYTK) stock ends 2025 higher as Myqorzo launch nears — what’s next

Cytokinetics (CYTK) stock ends 2025 higher as Myqorzo launch nears — what’s next

Cytokinetics shares closed 2025 up 3.5% at $63.54 after FDA cleared Myqorzo for obstructive hypertrophic cardiomyopathy. The drug, set to launch in January under a REMS program and boxed warning, will compete with Bristol Myers Squibb’s Camzyos. Chief Commercial Officer Andrew Callos sold 1,809 shares at $62.44 each on Dec. 29 under a pre-arranged plan. U.S. markets reopen Friday after the New Year’s holiday.
Arcutis stock (ARQT) in focus after insider sale notice as U.S. markets shut for New Year’s Day

Arcutis stock (ARQT) in focus after insider sale notice as U.S. markets shut for New Year’s Day

Arcutis Biotherapeutics shares closed up 3.4% at $29.04 in the final trading session of the year. A Form 144 filing showed Chief Medical Officer Patrick Burnett plans to sell 1,697 shares after acquiring them through restricted stock vesting. U.S. stock markets are closed Thursday for New Year’s Day and reopen Friday. The stock’s move contrasted with a broader market pullback.
1 January 2026
Nike stock jumps after CEO Elliott Hill’s $1 million buy — what’s next for NKE

Nike stock jumps after CEO Elliott Hill’s $1 million buy — what’s next for NKE

Nike shares closed up 4.1% at $63.71 after CEO Elliott Hill disclosed buying 16,388 shares at a weighted average of $61.10, according to an SEC filing. Hill’s purchase, valued at about $1 million, brought his direct holdings to 241,587 shares. The move came as Nike outperformed a falling market. Investors now await early-January U.S. data and Nike’s next earnings report on March 19.
1 January 2026
DJT stock jumps as Trump Media rolls out Crypto.com token plan for shareholders

DJT stock jumps as Trump Media rolls out Crypto.com token plan for shareholders

Trump Media & Technology Group’s DJT shares rose 5.3% to $13.24 after announcing a digital token distribution for shareholders in partnership with Crypto.com. The company said each shareholder will receive one blockchain-based token per share, with potential discounts on Truth Social products but no cash value. DJT slipped 0.3% after hours and remains down 61% over the past year.
PBF Energy stock jumps 4% to end 2025 as EIA fuel builds hit refiners’ radar

PBF Energy stock jumps 4% to end 2025 as EIA fuel builds hit refiners’ radar

PBF Energy shares closed up 4.15% at $27.12 on Dec. 31, outperforming larger refiners as U.S. crude inventories fell by 1.9 million barrels but gasoline and distillate stocks jumped. U.S. markets are closed Jan. 1 for the holiday. Refineries ran at 94.7% capacity, while oil prices ended 2025 sharply lower. PBF next appears at a Goldman Sachs conference Jan. 5–7.
Polestar (PSNY) stock jumps nearly 10% as SEC filings spotlight Geely loan and BBVA stake

Polestar (PSNY) stock jumps nearly 10% as SEC filings spotlight Geely loan and BBVA stake

Polestar shares jumped 9.7% to $21.37 in the last U.S. session of 2025 after SEC filings detailed a $600 million term loan facility with Geely and BBVA’s 8.4% stake with a put option. The loan allows Geely to convert debt into shares at a price tied to recent Nasdaq closes. U.S. markets are closed Thursday for New Year’s Day. Investors await Polestar’s Q4 sales update on Jan. 9.

Stock Market Today

  • Silkflex Polymers India Earnings Show Cash Flow Concerns Despite Profit Growth
    May 3, 2026, 5:43 PM EDT. Silkflex Polymers (NSE:SILKFLEX) reported a profit of ₹121.5 million for the year ending March 2026, but free cash flow (FCF) was negative at ₹281 million, raising concerns about earnings quality. The accrual ratio, a measure comparing reported profits to cash flow, stood at 0.45, indicating the company's profit may not be sustainable. Despite impressive EPS growth over three years, the lack of cash generation signals potential trouble ahead. Analysts note that high accruals often predict weaker future profits. Investors are advised to scrutinize balance sheet strength and consider four identified warning signs before investing in Silkflex Polymers.

Latest article

X-Energy’s $1 Billion Nuclear IPO Faces Its First Test After Wall Street Pop

X-Energy’s $1 Billion Nuclear IPO Faces Its First Test After Wall Street Pop

3 May 2026
X-Energy shares closed Friday at $30.53, up 33% from the $23 IPO price but down from last week’s high. Kentucky utilities LG&E and KU are studying deployment of X-Energy’s Xe-100 small modular reactor after the state approved new nuclear site-readiness grants. The company has yet to deliver a commercial reactor, with licensing, fuel, and construction still pending.
Bitmine’s $23 Million Ethereum Deal Puts BMNR Stock Back in the Spotlight

Bitmine’s $23 Million Ethereum Deal Puts BMNR Stock Back in the Spotlight

3 May 2026
The Ethereum Foundation sold 10,000 ETH to Bitmine Immersion Technologies for about $22.9 million in a private deal, bringing Bitmine’s holdings to over 5 million ETH, or 4.2% of the total supply. The transaction was completed at an average price of $2,292.15 per ETH. BMNR last closed at $21.88 on Friday. Ether traded near $2,327.
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