Today: 2 June 2026
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NASDAQ:AMD 1 February 2026 - 3 February 2026

Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia shares fell 2.8% to $180.28 in after-hours trading Tuesday after CEO Jensen Huang confirmed plans to invest further in OpenAI, including its future IPO. A report said OpenAI is dissatisfied with some Nvidia chips and is considering alternatives. U.S. stocks closed lower, with the S&P 500 down 0.85%. Nvidia reports earnings on February 25.
Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

OpenAI has been seeking alternatives to some Nvidia chips for AI inference tasks, sources said, raising questions about their partnership. Nvidia CEO Jensen Huang said investment talks with OpenAI remain on track. Oracle plans to raise up to $50 billion in 2026 to expand its AI cloud business, citing demand from OpenAI and others. Nvidia and Oracle shares each fell about 5% in midday trading.
Palantir stock jumps, Thomson Reuters dives as Anthropic’s legal AI tool spooks software shares

Palantir stock jumps, Thomson Reuters dives as Anthropic’s legal AI tool spooks software shares

Palantir shares jumped 6.6% Tuesday after reporting a 70% surge in quarterly revenue and raising its 2026 outlook. Legal and enterprise software stocks tumbled, with Thomson Reuters down 17.4% and Salesforce and ServiceNow off about 8%, as traders worried over AI-driven price competition. Investors await AMD’s earnings after the bell. Anthropic’s new legal chatbot tool fueled concerns about disruption in knowledge-based sectors.
Lam Research stock dips as chip rally leaves equipment names behind — what to watch next

Lam Research stock dips as chip rally leaves equipment names behind — what to watch next

Lam Research shares fell 1.2% to $234.61 in late morning trading Tuesday, underperforming the Philadelphia Semiconductor Index, which rose 0.7%. Other chip-equipment makers also declined. Investors are watching for after-hours earnings from AMD and Super Micro. Lam cited risks from tariffs and export controls in its latest filing.
AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

AMD will report fourth-quarter results after Tuesday’s U.S. market close, with analysts expecting revenue near $9.67 billion and adjusted earnings of about $1.32 per share. Investors are watching data-center and AI chip sales, while tight supply and rising memory costs may weigh on PC guidance. OpenAI is reportedly considering AMD as an alternative to Nvidia for AI inference. AMD shares have risen 114% over the past year.
AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD shares fell 1.1% to $243.50 late Tuesday morning, reversing early gains ahead of the company’s quarterly earnings report due after the close. The drop followed a Reuters report that OpenAI is seeking alternatives to Nvidia AI chips, citing dissatisfaction with inference performance. Nvidia stock fell 3.1%, while Intel rose 2.3%. Investors are awaiting updates on AMD’s data-center and AI accelerator plans.
Palantir stock price jumps as AI stocks swing — Nvidia slips ahead of AMD earnings

Palantir stock price jumps as AI stocks swing — Nvidia slips ahead of AMD earnings

Palantir shares jumped 5.1% to $155.30 by 10 a.m. ET after reporting a 66% surge in U.S. government revenue. Teradyne rose 7.5% on strong AI-driven forecasts, while Western Digital gained 1.4% after expanding its share buyback. Nvidia, AMD, and Microsoft slipped, while Alphabet edged up.
Nvidia stock drops on OpenAI chip doubts as investors brace for earnings

Nvidia stock drops on OpenAI chip doubts as investors brace for earnings

Nvidia shares fell 2.9% to $185.61 Tuesday morning after reports that OpenAI is testing alternatives to Nvidia’s AI chips for inference tasks. OpenAI has considered chips from AMD and several startups. The broader chip sector rose, with AMD shares up about 4%. Nvidia’s quarterly earnings are scheduled for February 25.
US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

The partial U.S. government shutdown has delayed the January jobs report and December JOLTS data, clearing Tuesday’s economic calendar. S&P 500 and Nasdaq 100 futures rose modestly in premarket trading, while Treasuries slipped. Teradyne and Palantir jumped after strong forecasts. Richmond Fed President Tom Barkin is set to speak at 8 a.m. ET.
AI stocks today: Nvidia slips as OpenAI shops for chip alternatives, AMD earnings loom

AI stocks today: Nvidia slips as OpenAI shops for chip alternatives, AMD earnings loom

Nvidia fell 2.9% to $185.61 premarket after reports that OpenAI is dissatisfied with some of its latest AI chips and is seeking alternatives. AMD rose 4% to $246.27 ahead of its earnings report, while Palantir and Teradyne gained on positive AI investment news. Super Micro Computer advanced 2.1% before its quarterly results.
AMD stock price jumps in premarket as OpenAI eyes Nvidia alternatives ahead of earnings

AMD stock price jumps in premarket as OpenAI eyes Nvidia alternatives ahead of earnings

AMD shares rose about 4% to $246.27 in early Tuesday trading ahead of its earnings report, with Wall Street expecting $1.32 EPS and $9.7 billion revenue for the December quarter. OpenAI is reportedly considering AMD chips as alternatives to Nvidia for AI inference, though still relies on Nvidia hardware. HSBC raised its AMD price target to $335. Nvidia fell nearly 3% and Intel gained 5% in premarket moves.
Nvidia stock slides after OpenAI looks beyond its chips — what to watch before NVDA earnings

Nvidia stock slides after OpenAI looks beyond its chips — what to watch before NVDA earnings

Nvidia shares fell 2.9% to $185.61 in after-hours trading Monday after reports that OpenAI is exploring alternatives to Nvidia chips for some AI inference tasks. OpenAI is considering options from AMD and startups Cerebras and Groq. Nvidia’s earnings report is scheduled for February 25. The broader U.S. stock market rose, with chipmakers generally higher.
Nvidia slips on OpenAI funding doubts while Oracle pops — AI stocks in focus today

Nvidia slips on OpenAI funding doubts while Oracle pops — AI stocks in focus today

Nvidia fell 1.4% to $188.47 after reports of internal doubts over its support for OpenAI, while Oracle jumped 3% to $169.47 on plans to raise up to $50 billion for cloud expansion. AMD gained 4.9% and Palantir rose 2.4% ahead of earnings. Investors are watching for signs of AI demand as major tech firms prepare to report results this week.
AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

AMD shares fell 6.1% to $236.73 Friday after reports of possible delays in its MI450 AI accelerator. The stock traded as low as $234.55 during the session, with about 40 million shares changing hands. The drop came ahead of AMD’s earnings report set for Tuesday. Broader chip and AI-infrastructure stocks also declined sharply.
Tech stocks brace for Alphabet, Amazon earnings as Nasdaq slip puts AI spending in focus

Tech stocks brace for Alphabet, Amazon earnings as Nasdaq slip puts AI spending in focus

The Nasdaq Composite fell 0.94% Friday to 23,461.82 as tech stocks stumbled ahead of key earnings from Alphabet, Amazon, AMD, and Qualcomm this week. Microsoft dropped 0.7% after a steep cloud revenue miss; Apple rose 0.4% on strong guidance. Investors are watching AI spending and the impact of Kevin Warsh’s Fed nomination as wholesale inflation jumped 0.5% last month.
Data center stocks slide into packed week as Vertiv, Arista drop; investors eye Big Tech capex

Data center stocks slide into packed week as Vertiv, Arista drop; investors eye Big Tech capex

Vertiv shares fell 4.5% and Arista Networks dropped 4.3% Friday as data center stocks slid ahead of a key week for tech earnings and U.S. economic data. Equinix and Digital Realty Trust also declined, while sector ETFs lost up to 2.5%. The pullback followed higher-than-expected producer prices and news that Donald Trump picked Kevin Warsh for Fed chair. Rising yields pressured REITs and cloud suppliers.
Semiconductor stocks slide, setting up Advanced Micro Devices and Qualcomm earnings week

Semiconductor stocks slide, setting up Advanced Micro Devices and Qualcomm earnings week

The Philadelphia Semiconductor Index fell 3.9% Friday, closing at 7,998.5, as chip equipment stocks tumbled and KLA Corp dropped 15.2%. Sandisk surged after raising its revenue outlook and extending a supply deal with Kioxia. Investors await earnings from AMD on Feb. 3 and Qualcomm on Feb. 4, along with the U.S. jobs report Feb. 6. President Trump’s nomination of Kevin Warsh for Fed chair weighed on markets.
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Stock Market Today

  • Andrew Left Convicted of Securities Fraud; Market Reacts
    June 2, 2026, 3:34 AM EDT. Short-seller Andrew Left was convicted of securities fraud in a landmark case, stirring reactions among investors and market watchers. Left, known for betting against stocks, faced allegations that questioned his trading tactics. The verdict highlights regulatory scrutiny on short selling, a practice where traders profit from stock price declines. Market participants are assessing potential impacts on investor sentiment and trading strategies linked to controversial figures like Left. His contested trial and erratic court behavior added drama to proceedings, drawing public and media attention. The case underscores ongoing tensions around market manipulation allegations and the fine line short sellers walk between legal trading and fraud.

Latest articles

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

2 June 2026
S&P 500 and Nasdaq closed at record highs, led by Nvidia’s 6.3% surge after its new RTX Spark chip launch. HPE shares soared 36% post-earnings as revenue jumped 40% and guidance rose. After-hours, major ETFs slipped: SPY down 0.23%, QQQ off 0.35%. Only tech and energy sectors finished higher. Oil spiked 4.24% on U.S.-Iran tensions. Factory PMI hit 54.0, strongest since May 2022.
Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

2 June 2026
Broadcom jumped 3% to $459.97 ahead of Wednesday’s Q2 earnings, with options pricing in a 9% swing either way. Analysts raised targets, led by HSBC’s $600 call. Investors focus on AI chip and networking demand through 2027 after Q1 AI revenue soared 106% to $8.4B. Q2 guidance: $22B revenue, 68% adjusted EBITDA margin. Risks flagged if AI orders or forecasts disappoint as stock nears consensus target.
Digital Brands Group Shares Surge After $125 Million Order Update, With Filing Risk in Focus

Digital Brands Group Shares Surge After $125 Million Order Update, With Filing Risk in Focus

2 June 2026
Digital Brands Group soared 73% to $0.84 after announcing first purchase orders under its GCC partnership and a $125 million U.S. program, then hit $1.17 after-hours. Q1 revenue fell to $1.3 million with a net loss of $11.4 million. Volume spiked to 63.22 million shares. The company faces ongoing losses, a $7.5 million working capital deficit, and dilution risk from its $100 million ATM share program.
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