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NASDAQ:BLZE 5 May 2026

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze shares rose $2.96 to $7.60 Tuesday after the company raised its 2026 revenue and adjusted EBITDA margin forecasts. First-quarter revenue climbed 12% to $38.7 million, with B2 Cloud Storage up 24% to $22.4 million. The company cited strong demand from AI customers, who now account for a growing share of business. Core backup services remain weak amid heavy competition.
5 May 2026
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Stock Market Today

  • European Stocks Rise After Israel-Lebanon Ceasefire Renewal
    June 4, 2026, 4:24 AM EDT. European stocks edged higher on news that Israel and Lebanon have agreed to renew a fragile ceasefire. The ceasefire agreement has eased geopolitical tensions, positively influencing investor sentiment. Markets responded cautiously but with optimism as the stability could reduce risks in the region, supporting equities. This development comes amid ongoing concerns over Middle East conflicts affecting global market stability.

Latest articles

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

4 June 2026
Marvell soared to a record $301.65 close after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling an AI-led rally as investors reprice Marvell for its data-center networking and custom chip growth; record Q1 revenue and raised forecasts add momentum, but Morningstar warns the stock now trades well above its $235 fair value estimate with “High” uncertainty.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 04.06.2026

4 June 2026
LIVEMarkets rolling coverageStarted: June 4, 2026, 4:00 AM EDTUpdated: June 4, 2026, 4:30 AM EDT European Stocks Rise After Israel-Lebanon Ceasefire Renewal June 4, 2026, 4:24 AM EDT. European stocks edged higher on news that Israel and Lebanon have agreed to renew a fragile ceasefire. The ceasefire agreement has eased geopolitical tensions, positively influencing investor sentiment. Markets responded cautiously but with optimism as the stability could reduce risks in the region, supporting equities. This development comes amid ongoing concerns over Middle East conflicts affecting global market stability. European stocks edge higher after Israel, Lebanon agree to renew fragile ceasefire S&P
Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
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