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JSE:JBL 3 January 2026

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BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Shares Jump as Investors Bet on QNX

3 June 2026
BlackBerry’s U.S. shares surged to a 52-week high, closing up 6.17% at $10.32 after CFO Tim Foote declared the company’s turnaround “complete” and QNX is now driving growth, but with earnings due June 25, investors await proof that revenue gains justify the rally as QNX faces competition and unpredictable government sales.
HPE Shares Surge, Attention Turns to Next Steps After AI Rally

HPE Shares Surge, Attention Turns to Next Steps After AI Rally

3 June 2026
Hewlett Packard Enterprise surged 19.5% to $56.15 after raising its fiscal 2026 revenue growth outlook to 29%–33% on record Q2 sales, prompting major analysts to hike price targets as AI-fueled server and networking demand drove results; shares dipped 1.5% premarket as investors weighed sustainability of the rally.
Nvidia CEO Push Sends Marvell to Record; Next Steps Loom

Nvidia CEO Push Sends Marvell to Record; Next Steps Loom

3 June 2026
Marvell soared 32.5% to a record $290.79 after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling a $260 billion market cap and a rally in chip stocks; investors see Marvell as a key AI infrastructure play, but with shares trading near 100 times earnings, any slowdown in AI orders or margins could trigger a sharp reversal.
Nu Holdings Stock Falls After CFO Departs

Nu Holdings Stock Falls After CFO Departs

3 June 2026
Nu Holdings plunged 8.16% to $11.93, near a one-year low, after BofA Securities downgraded the stock to Underperform and Nubank named former Visa executive Rob Livingston as CFO, raising investor focus on leadership transition, credit quality, and execution in Brazil and Mexico as non-performing loans and credit loss allowances climbed last quarter.
Laser Photonics Jumps After Anti-Drone Deal, Traders Watch Next Move

Laser Photonics Jumps After Anti-Drone Deal, Traders Watch Next Move

3 June 2026
Laser Photonics shares soared 160.92% Tuesday and jumped another 27.27% premarket to $3.08 after its Laser Shield Anti-Drone system was selected for a defense technical-exchange, but the move is fueled by evaluation news—not a contract—while a Nasdaq filing issue still threatens its listing.
Nvidia Shares Fall Even as AI Stocks Break Records, Traders Eye Taiwan

Nvidia Faces $5.4 Trillion Question as Marvell Joins AI Rally

3 June 2026
Nvidia shares slipped $1.46 to $222.82 in early U.S. premarket trading Wednesday after CEO Jensen Huang’s Computex remarks, pausing after recent AI-driven gains; investors now watch if the dip signals a cooling AI rally or just noise ahead of Broadcom results and key economic data.
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