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NASDAQ:T1E 4 June 2026

T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

T1 Energy surged 1.4% to $11.66, hitting a 52-week high after agreeing to buy KORE Power for $32 million, expanding into battery storage and AI data center power; the company expects the deal to boost EBITDA in 2026 and add $15–$20 million in 2027, but closing depends on approvals and faces risks from project delays, supply chain, and clean-energy policy uncertainty.
4 June 2026
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Stock Market Today

  • Dow Hits Record High as Oil Prices Fall and Non-AI Stocks Rally
    June 4, 2026, 5:39 PM EDT. The Dow Jones industrial average surged 874 points to a record high, driven by a 2.8% drop in Brent crude oil prices to $95.03 per barrel and easing bond yields. The S&P 500 gained 0.4%, marking its 10th win in 11 sessions, while the Nasdaq slipped 0.1%. Smaller stocks, tracked by the Russell 2000 index, jumped 1.4%, benefiting from lower borrowing costs as the 10-year Treasury yield fell to 4.47%. Banking stocks, such as Goldman Sachs and U.S. Bancorp, led gains, offsetting declines in some artificial intelligence (AI) stocks. AI-focused stocks like Broadcom and Micron fell despite strong earnings, with investors cautious after a prolonged rally in the sector. Market hopes for a US-Iran agreement to reopen the Strait of Hormuz to oil tankers underpin optimism for easing inflation pressures.

Latest articles

T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

4 June 2026
T1 Energy surged 1.4% to $11.66, hitting a 52-week high after agreeing to buy KORE Power for $32 million, expanding into battery storage and AI data center power; the company expects the deal to boost EBITDA in 2026 and add $15–$20 million in 2027, but closing depends on approvals and faces risks from project delays, supply chain, and clean-energy policy uncertainty.
Merck Stock Gains as Keytruda Concerns Ease, Investors Look to Pipeline Bets

Merck Stock Gains as Keytruda Concerns Ease, Investors Look to Pipeline Bets

4 June 2026
Merck shares surged 4.9% to $120.26 after ASCO data showed its new cancer drug sac-TMT combined with Keytruda improved progression-free survival, reinforcing confidence in Merck’s post-Keytruda pipeline as investors weigh looming patent expirations and competition, with the stock’s rally fueled by optimism but tempered by risks of future trial and regulatory outcomes.
Lululemon Slashes Outlook, Raising Pressure on Incoming CEO

Lululemon Slashes Outlook, Raising Pressure on Incoming CEO

4 June 2026
Lululemon slashed its annual revenue and profit forecasts due to weak U.S. demand, sending shares down about 9% in after-hours trading; the company now expects fiscal 2026 revenue of $11.00–$11.15 billion and EPS of $10.95–$11.15, both below previous guidance, as gross margin fell and U.S. sales dropped despite international growth.
Rubrik Lifts 2027 Outlook as AI Security Trade Stays Messy

Rubrik Lifts 2027 Outlook as AI Security Trade Stays Messy

4 June 2026
Rubrik shares fell 3% despite first-quarter revenue jumping 39% and a raised fiscal 2027 outlook, as investors weighed strong AI-driven subscription growth against ongoing GAAP losses and tough competition, with the stock lagging larger cybersecurity peers despite beating earnings and revenue estimates.
Planet Labs tops revenue estimates, faces next challenges

Planet Labs tops revenue estimates, faces next challenges

4 June 2026
Planet Labs smashed revenue estimates with a record $94.2 million, up 42% year-over-year, as government and defense demand drove backlog up 72% to $906 million, but net loss ballooned to $138.9 million due to a $106.5 million warrant-liability revaluation tied to the share price surge; Planet forecast Q2 revenue of $102–$107 million and adjusted EBITDA profit of up to $5 million.
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