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NASDAQ:BTD 1 June 2026

Bankrupt Bitcoin Depot Faces $76,000 Bitcoin ATM Scam Lawsuit as States Step Up Enforcement

Bankrupt Bitcoin Depot Faces $76,000 Bitcoin ATM Scam Lawsuit as States Step Up Enforcement

Bitcoin Depot faces a federal class action in Idaho after scammers used its crypto kiosks to steal $76,000 from a couple, as the company shutters its ATM network in bankruptcy. The complaint says Bitcoin Depot processed large, coached cash deposits without intervention. FTC reports Bitcoin ATM fraud losses soared to $65 million in early 2024. Bankruptcy may complicate recovery for victims, while new state laws target crypto ATM fraud.
1 June 2026
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Swarmer Soars 38% After Cramer Shouts Out Drone Software

Swarmer Soars 38% After Cramer Shouts Out Drone Software

2 June 2026
Swarmer soared 37.7% to $78.52 after Jim Cramer called it “a natural” on “Mad Money,” sparking retail and drone investor interest despite shrinking revenue, widening losses, and execution risks around defense contracts; shares now trade over 15 times their March IPO price.
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.
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