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Stock Market 5 June 2026

Planet Labs Drops After $1.5 Billion Filing

Planet Labs Drops After $1.5 Billion Filing

Planet Labs PBC dropped roughly 22% Friday, with the satellite-imagery company’s shares falling after it registered a $1.5 billion at-the-market stock sale. The move cut into enthusiasm from its solid quarterly numbers. The stock last traded at $33.86 in late morning New York trading, off $9.67 from where it closed on Thursday.

Stock Market Today

  • U.S. futures slip as Iran tensions flare, oil climbs
    July 8, 2026, 6:48 PM EDT. U.S. stock futures slipped Wednesday night as the market digested new U.S. strikes on Iran and a jump in oil prices. Dow Jones futures slipped 56 points, down 0.1%. S&P 500 futures gave up 0.1%, with Nasdaq 100 futures off 0.2%. Washington hit Iran with fresh strikes after Tehran-linked attacks on shipping near the Strait of Hormuz. West Texas crude was up about 1%. Some traders pointed to inflation worries and bets the Fed could keep rates higher for longer. Still, steady earnings and AI names kept equities mostly supported. Investors remain focused on upcoming jobless claims, existing home sales, and the PepsiCo earnings release.
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