Today: 2 June 2026
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NASDAQ:AMZN 7 May 2026 - 2 June 2026

Amazon Stock Drops Even as Tech Benchmarks Hit Records — AI Bets in Focus

Amazon Stock Drops Even as Tech Benchmarks Hit Records — AI Bets in Focus

Amazon shares slid 3.5% to $261.26 Monday, underperforming the Nasdaq and S&P 500 as investors scrutinized heavy AI-related spending. Anthropic’s confidential IPO filing put Amazon’s $79.2 billion investment and AWS ties in focus. First-quarter net sales rose 17%, AWS revenue jumped 28%, but free cash flow fell as capital expenses surged. Wall Street flagged capex risks and uneven AI returns.
2 June 2026
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Blue Origin Launch and SpaceX IPO Hype Set Stage for Tema Space ETF Activity

Blue Origin Launch and SpaceX IPO Hype Set Stage for Tema Space ETF Activity

Tema Space Innovators ETF closed Friday at $40.17, down 3.97% after a Blue Origin rocket explosion triggered a selloff in space stocks. Despite the drop, the ETF gained about 3.6% for the shortened week. SpaceX secured a $4.16 billion U.S. Space Force contract and plans to start its IPO roadshow June 4, with shares possibly available as soon as June 11.
30 May 2026
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Amazon Drops With S&P 500 at Record as $6 Billion AWS Deal Draws Focus

Amazon Drops With S&P 500 at Record as $6 Billion AWS Deal Draws Focus

Amazon.com fell 1.2% to $270.64 late Friday, missing Wall Street’s record highs despite a new AWS deal with Snowflake. Snowflake shares soared over 33% after announcing a $6 billion, five-year agreement with AWS and raising its revenue outlook. Amazon’s market cap stood near $2.94 trillion, while Microsoft gained 5.4% and Alphabet dropped 2.5%. Amazon’s free cash flow slipped to $1.2 billion after heavy AI-related spending.
29 May 2026
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Amazon Nears $3 Trillion With New AI Win for AWS

Amazon Nears $3 Trillion With New AI Win for AWS

Amazon shares rose 0.8% to $274.00 Thursday after Snowflake announced a $6 billion, five-year commitment to AWS infrastructure. The deal highlights rising demand for AI cloud services and comes as AWS reported first-quarter sales of $37.6 billion, up 28% year over year. Snowflake shares also climbed on the news. The Nasdaq and S&P 500 closed at record highs.
29 May 2026
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Palantir Jumps, Wall Street Still Has AI Concerns

Palantir Jumps, Wall Street Still Has AI Concerns

Palantir shares rose 5.7% to $140.10 by midday Thursday, outpacing major indexes as investors returned to AI and data software stocks. Volume topped 22 million shares, with market cap near $360 billion. The company recently raised its 2026 revenue target to up to $7.66 billion after reporting 85% first-quarter revenue growth. Some analysts warn the stock price leaves little room for error.
28 May 2026
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Bezos pushes for no income tax on half of Americans; Mamdani was set

Bezos pushes for no income tax on half of Americans; Mamdani was set

Jeff Bezos called for eliminating federal income taxes for the bottom half of U.S. earners, putting him at odds with New York Mayor Zohran Mamdani and Democrats seeking higher taxes on the wealthy. Bezos said the bottom half should owe “zero,” not just less, and criticized Mamdani’s proposed tax on luxury second homes. Mamdani responded that higher taxes on the rich would help working New Yorkers.
21 May 2026
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Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Falls as Bond Yields Signal Trouble for Bulls

The Dow Jones Industrial Average dropped 249.36 points, or 0.5%, to 49,436.76 Tuesday morning as rising Treasury yields and oil prices pressured stocks. The 10-year Treasury yield hit 4.663%, its highest since January 2025. Brent crude stayed above $110 amid Middle East tensions. Home Depot reported first-quarter sales of $41.8 billion, up 4.8% from last year, and reaffirmed its 2026 outlook.
19 May 2026
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Buffett heir makes first big Berkshire shake-up: Delta joins, UnitedHealth gone

Buffett heir makes first big Berkshire shake-up: Delta joins, UnitedHealth gone

Berkshire Hathaway disclosed a new $2.65 billion stake in Delta Air Lines and sharply increased its Alphabet holdings in its first-quarter filing under CEO Greg Abel. The company exited UnitedHealth, Amazon, Visa, and Mastercard. UnitedHealth shares fell over 2% Monday after Berkshire’s exit. Berkshire’s U.S.-listed equity portfolio stood at $263.1 billion as of March 31.
19 May 2026
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Amazon Stock Slips As Alexa’s AI Shopping Push Moves From Search To Checkout

Amazon Stock Slips As Alexa’s AI Shopping Push Moves From Search To Checkout

Amazon launched Alexa for Shopping across its app, website, and Echo Show devices, integrating its Rufus assistant into a broader AI tool that compares products, tracks prices, and automates purchases. Shares fell 1.8% to $262.50 Friday. The new service is available to U.S. customers and can complete eligible purchases from other retailers. Polymarket put 65% odds on a $260-$265 weekly close.
15 May 2026
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Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

The Dow fell 297.98 points to 49,406.49 at 10:00 a.m. ET after April CPI data showed a 3.8% annual rise and energy prices jumped 17.9%. Goldman Sachs and Caterpillar led declines, accounting for most of the drop. The S&P 500 lost 0.57% and the Nasdaq slid 0.92%. Traders pulled back bets on near-term Fed rate cuts as oil topped $100.
12 May 2026
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Amazon Stock Week Ahead: AMZN Faces Fresh Test After AWS Outage, AI Rally

Amazon Stock Week Ahead: AMZN Faces Fresh Test After AWS Outage, AI Rally

Amazon shares closed Friday at $272.68, up 0.56%, as investors weighed AWS growth against rising AI spending and a North Virginia AWS outage. April inflation, producer prices, and retail sales data are due this week, with the S&P 500 and Nasdaq at record highs. Amazon reported Q1 net sales up 17% to $181.5 billion and AWS sales up 28% to $37.6 billion. First-quarter capital expenditures jumped 76% to $44.2 billion.
10 May 2026
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CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike shares surged to $503.51 Thursday morning, up $35.44, after launching a new mobile partner app and naming key partner award winners at its Americas Partner Symposium. The stock rebounded from a Wednesday drop, following an upgrade from Mizuho and renewed investor focus on its AI-security strategy. Fourth-quarter revenue rose 23% to $1.31 billion, with annual recurring revenue at $5.25 billion as of Jan. 31.
7 May 2026
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Latest articles

Hyperscale Data soars 46% after GPUS Bitcoin move draws new attention

Hyperscale Data soars 46% after GPUS Bitcoin move draws new attention

2 June 2026
Hyperscale Data Inc. shares soared 45.9% after the company revealed a $5 million buyback at $0.21 per share, but a recent filing warns up to 43 million new shares could hit the market from convertible notes, threatening dilution and putting pressure on the stock if Bitcoin falls or shares drop below the tender price.
Cisco Stock Jumps as AI Security Push Puts $508 Billion Giant Back in Play

Cisco Stock Jumps as AI Security Push Puts $508 Billion Giant Back in Play

2 June 2026
Cisco shares surged over 5% to $127.54 after unveiling Cloud Control, a new AI-driven platform for managing and securing IT infrastructure, and raising its fiscal 2026 AI order target to $9 billion from $5 billion, signaling strong AI demand beyond chips and boosting investor confidence in Cisco’s growth trajectory.
Oklo Shares Jump as Nuclear Fuel Theme Draws Traders

Oklo Shares Jump as Nuclear Fuel Theme Draws Traders

2 June 2026
Oklo shares surged 8% as investors reacted to U.S. Energy Department talks on surplus plutonium fuel and a looming July deadline for a reactor pilot, with traders betting on advanced nuclear demand from AI and data centers despite ongoing questions about fuel supply, licensing, and first revenue.
IREN Rises After $3.65B AI Backing Puts Focus on Microsoft Commitment

IREN Rises After $3.65B AI Backing Puts Focus on Microsoft Commitment

2 June 2026
IREN Limited soared 3.8% to $67.79 after closing a $3.65 billion investment-grade debt deal to fund GPU purchases for its $9.7 billion Microsoft AI cloud contract, covering 96% of related capital needs; Wall Street turned more bullish, but risks remain if IREN fails to deliver or Microsoft cancels.
Keel Stock Tops $6 Again; Lease Timing Gets Attention After AI Power Bet

Keel Stock Tops $6 Again; Lease Timing Gets Attention After AI Power Bet

2 June 2026
Keel Infrastructure Corp. (KEEL) jumped 2.29% to $6.24 on heavy volume as investors bet on its shift from bitcoin mining to AI data-center power, with a 2.2 GW pipeline and $533 million liquidity, but Q1 revenue fell 22% and net loss hit $145.35 million as the company races to secure key leases and deliver power to AI projects on schedule.
Milbank Raises Big Law Pay Ceiling to $455,000; Rivals React

Milbank Raises Big Law Pay Ceiling to $455,000; Rivals React

2 June 2026
Milbank LLP hiked associate pay up to $455,000, triggering immediate matches from rivals like McDermott Will & Schulte and sparking another round of salary increases among top U.S. law firms, even as rising costs and slower market-wide pay growth pressure firm profitability.
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