Today: 2 June 2026
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NASDAQ:AMZN 29 April 2026 - 6 May 2026

SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

S&P 500 futures rose 0.32% and Nasdaq 100 futures climbed 0.81% early Wednesday after the S&P 500 and Nasdaq closed at record highs Tuesday. AMD surged nearly 18% premarket on strong AI demand, lifting chip stocks and boosting the tech-heavy SPDR S&P 500 ETF Trust, which closed Tuesday at $723.77 with $740.5 billion in assets. Hopes for a U.S.-Iran peace deal also supported gains.
UPS Stock Hit as Amazon Opens Logistics Network in Direct Challenge to Parcel Giant

UPS Stock Hit as Amazon Opens Logistics Network in Direct Challenge to Parcel Giant

UPS shares fell 10.5% to $96.31 after Amazon opened its logistics network to outside businesses, intensifying competition in parcel delivery and freight. FedEx shares dropped 9.1%. Amazon’s new service already counts Procter & Gamble and 3M as users. UPS is cutting Amazon-related volume and shifting focus to higher-margin business shipments.
FedEx Stock Tumbles As Amazon Opens Its Logistics Network to All Businesses

FedEx Stock Tumbles As Amazon Opens Its Logistics Network to All Businesses

FedEx shares dropped about 9% Monday after Amazon launched Amazon Supply Chain Services, opening its logistics network to outside businesses. UPS stock also fell nearly 10%, while Amazon rose 1%. The selloff comes weeks before FedEx’s planned June 1 spinoff of its freight unit. Amazon’s new service offers freight, warehousing, and shipping to companies including Procter & Gamble and 3M.
Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
Dow Jumps 700 Points as US Stock Market Today Shrugs Off Oil Shock and Chases Best Month Since 2020

Dow Jumps 700 Points as US Stock Market Today Shrugs Off Oil Shock and Chases Best Month Since 2020

The Dow Jones rose 1.48% to 49,584.97 by midday Thursday, outpacing the S&P 500 and Nasdaq as strong corporate earnings pushed major indexes toward their best monthly gains since 2020. First-quarter GDP grew at a 2.0% annual rate, while the core PCE price index climbed 4.3%. The Federal Reserve held rates steady, citing persistent inflation. Alphabet’s Google Cloud revenue surged 63%, while Meta and Microsoft announced large AI-driven spending plans.
Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

Meta Platforms shares fell nearly 10% and Microsoft dropped over 3% Thursday as investors reacted to rising AI costs and capital spending, despite strong earnings. Alphabet gained almost 6% after Google Cloud posted its best growth quarter. Nvidia and other chip stocks also traded lower. Meta raised its 2026 capex forecast and is considering a major bond sale to fund AI infrastructure.
Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Web Services reported 28% revenue growth to $37.6 billion, its fastest in 15 quarters, pushing Amazon shares up 1.4% early Thursday. First-quarter net sales rose 17% to $181.5 billion, with net income at $30.3 billion, boosted by gains from Anthropic. Amazon forecast second-quarter sales of $194–$199 billion. Google Cloud grew 63% to $20 billion, outpacing AWS’s growth rate.
US Stock Market Today: Futures Rise Before GDP as Big Tech Earnings Split Wall Street

US Stock Market Today: Futures Rise Before GDP as Big Tech Earnings Split Wall Street

U.S. stock futures rose early Thursday, with Dow mini futures up 351 points, as strong cloud results from Alphabet and Amazon boosted sentiment. Alphabet shares jumped 6.1% premarket after reporting a 22% revenue gain and 63% Google Cloud growth; Amazon shares rose 1.9% on 28% AWS sales growth. Meta fell 8% and Microsoft dropped 1.9% as investors questioned rising AI-related spending.
Dow Futures Drop as Oil Shock Threatens Big Tech’s AI Rally

Dow Futures Drop as Oil Shock Threatens Big Tech’s AI Rally

Dow futures fell 269 points, or 0.6%, early Thursday, while S&P 500 futures slipped 0.1% and Nasdaq 100 futures edged up 0.1%, as rising oil prices offset strong earnings from Alphabet and Amazon. Brent crude climbed on reports President Trump would be briefed on possible military action against Iran. Alphabet reported Q1 revenue up 22% to $109.9 billion; Amazon net sales rose 17% to $181.5 billion.
US Stock Market Before the Open Today: Oil Shock, Fed Split and Big Tech Earnings Put AI Rally on Trial

US Stock Market Before the Open Today: Oil Shock, Fed Split and Big Tech Earnings Put AI Rally on Trial

U.S. stock futures fell early Thursday as Brent crude hit its highest level since March 2022, driven by concerns over U.S.-Iran tensions. The Federal Reserve left rates unchanged in its most divided vote since 1992, shifting focus to inflation risks. Alphabet and Amazon posted strong cloud earnings, while Meta’s increased spending highlighted pressure in the sector.
US Stock Market Today After Hours: Alphabet Jump Splits Big Tech as Fed Divide and Oil Shock Bite

US Stock Market Today After Hours: Alphabet Jump Splits Big Tech as Fed Divide and Oil Shock Bite

Alphabet shares jumped over 7% after reporting 22% revenue growth and a 63% surge in Google Cloud sales. Microsoft, Amazon, and Meta all fell in after-hours trading despite beating some estimates, as investors scrutinized AI spending and capex forecasts. The Dow lost 0.57% in regular trading. The Federal Reserve held rates steady in a divided vote, citing persistent inflation.
QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

The Invesco QQQ Trust closed up $3.99 at $661.57 Wednesday as investors positioned ahead of earnings from Microsoft, Alphabet, Amazon, and Meta. Volume topped 30 million shares. Microsoft and Alphabet reported strong cloud and AI-driven revenue growth after the bell. The broader Nasdaq Composite edged up 0.04%, while the S&P 500 slipped 0.04%.
AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

Alphabet shares jumped over 3% in after-hours trading Wednesday as Google Cloud revenue surged 63% to $20 billion. Meta, Amazon, and Microsoft fell, with Meta dropping more than 6% after raising its 2026 capital spending forecast for AI infrastructure. Amazon’s AWS revenue beat estimates but shares slipped. The four companies are expected to spend over $600 billion on AI infrastructure this year.
Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Wall Street’s April rally paused Wednesday as the Fed held rates steady in a split decision and oil surged, with Brent crude up 7.34%. The Dow fell 0.56%, S&P 500 slipped 0.04%, and Nasdaq edged up 0.05%. The Fed’s vote was its most divided since 1992, with eight officials backing the hold and one calling for an immediate cut. Investors awaited earnings from Microsoft, Alphabet, Amazon, and Meta.
Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon reported first-quarter revenue of $181.5 billion, up 17%, with Amazon Web Services sales jumping 28% to $37.6 billion. Net income reached $30.3 billion, boosted by a $16.8 billion pre-tax gain from Anthropic investments. Free cash flow fell to $1.2 billion as AI-related spending surged. Amazon forecast second-quarter sales of $194 billion to $199 billion, above Wall Street expectations.
US Stock Market Today: Dow Slides as Fed Decision and Big Tech Earnings Put AI Rally to the Test

US Stock Market Today: Dow Slides as Fed Decision and Big Tech Earnings Put AI Rally to the Test

The Dow fell 0.59%, S&P 500 dropped 0.24%, and Nasdaq slipped 0.31% as investors awaited the Federal Reserve’s rate decision and earnings from Microsoft, Alphabet, Amazon, and Meta. Brent crude climbed to $118.63, up 6.62%. The U.S. 10-year Treasury yield reached 4.394%. The Philadelphia Semiconductor Index rose 1.8%.
Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

The Dow Jones Industrial Average dropped 320 points, or 0.65%, to 48,821.82 Wednesday afternoon, heading for a fifth straight loss as investors awaited the Federal Reserve’s rate decision and major tech earnings. Brent crude surged 7.14% to $119.20 after reports of a possible extended Iran blockade. Boeing and Goldman Sachs weighed on the Dow, while Amazon rose and Microsoft slipped in midday trading.
US Stock Futures Today Pre-Market: Nasdaq Leads As Big Tech Earnings Put AI Rally To The Test

US Stock Futures Today Pre-Market: Nasdaq Leads As Big Tech Earnings Put AI Rally To The Test

Nasdaq 100 futures rose 98.75 points by 6:50 a.m. EDT Wednesday as investors awaited earnings from Amazon, Meta, Microsoft, and Alphabet, plus a Federal Reserve rate decision. S&P 500 and Dow futures also gained. Robinhood Markets dropped 10% premarket after missing profit and revenue targets, with crypto revenue down 47% from last year.

Latest articles

Abivax Shares Drop After Trial Win and Cancer Cases Raise Concerns

Abivax Shares Drop After Trial Win and Cancer Cases Raise Concerns

2 June 2026
Abivax shares plunged 44% to €63.10 after strong Phase 3 results for obefazimod in ulcerative colitis were overshadowed by cancer and dysplasia cases in the high-dose arm, which investigators deemed unrelated to treatment, raising investor concerns over safety and regulatory risk despite meeting all efficacy endpoints.
Netflix Stock Sinks, Wall Street Turns to June 4

Netflix Stock Sinks, Wall Street Turns to June 4

2 June 2026
Netflix shares slid nearly 3% to $83.36 as investors questioned growth targets ahead of Thursday’s annual meeting, with the stock under pressure despite management maintaining 2026 revenue and margin forecasts and warning of heavier content costs in the first half.
Marathon Digital Drops as Bitcoin Tops $70,000; Eyes on AI Push

Marathon Digital Drops as Bitcoin Tops $70,000; Eyes on AI Push

2 June 2026
MARA fell 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner’s ongoing dependence on crypto prices despite efforts to pivot toward AI and power infrastructure; analysts remain split on the new strategy, and the Long Ridge deal still faces regulatory and execution risks.
Dow, S&P inch up as AI surge faces $80 billion hurdle

Dow, S&P inch up as AI surge faces $80 billion hurdle

2 June 2026
Alphabet shares fell after announcing plans to raise $80 billion through equity offerings to fund soaring AI infrastructure costs, even as demand for its AI services exceeded supply and capital spending forecasts climbed to $180–$190 billion for 2026.
Dow Jones Moves Up in Late Trading

Dow Jones Moves Up in Late Trading

2 June 2026
Dow Jones rose 0.29% to 51,227.89 as AI-driven buying offset inflation and rate risks; Alphabet shares fell after boosting 2026 capital spending to $180–$190 billion and seeking $80 billion in equity, raising questions about funding the AI boom, while investors await Friday’s payrolls report for the next market signal.
T1 Energy Shares Reach Record; What Comes Next Is Uncertain

T1 Energy Shares Reach Record; What Comes Next Is Uncertain

2 June 2026
T1 Energy Inc. surged 12.5% to a record $12.18 as investors bet on its solar modules for AI data centers, outpacing peers after strong Q1 results and bullish options activity; the rally lifted shares above recent analyst targets, but risks remain with single-customer reliance, pending $400M+ factory financing, and ongoing debate over tax-credit eligibility.
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