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Stock Market 2 July 2026

Joby Aviation slips after Toyota JV filing points to modest launch, possible $250 million add-on

Joby Aviation slips after Toyota JV filing points to modest launch, possible $250 million add-on

Joby Aviation, Inc. slipped in early-afternoon Thursday, erasing its earlier gains from news of the Toyota manufacturing joint venture. Shares were near session lows, trailing the overall market. Shares last changed hands at $8.445, off 4.5% on the day, after moving between $8.44 and $9.085. Around 38 million shares traded. Market value stood near $7.96 billion. The SPDR S&P Transportation ETF slipped 0.9%. The SPDR S&P 500 ETF Trust fell 0.7%.
2 July 2026
Verizon (NYSE:VZ) swings as investors eye dividend risk

Verizon (NYSE:VZ) swings as investors eye dividend risk

Verizon Communications Inc. shares slipped Thursday as investors reacted to renewed fears about competition from satellite and cable, a risk not included in the dividend yield. Verizon shares were off 1.1% at $41.545 at 1:46 p.m. EDT, moving between $40.80 and $43.06 so far today. The $2.26 range is about 3.2x the $0.7075 dividend the company will pay out next quarter. According to Verizon’s schedule, July 10 is the ex-dividend and record date, and the payment is set for Aug. 3.
Keel Infrastructure shares fall, nearly wiping out June note sale amount

Keel Infrastructure shares fall, nearly wiping out June note sale amount

Keel Infrastructure Corp. slid hard Thursday, giving back nearly as much market cap as it raised in a June convertible note sale. The drop came three days after its addition to the Russell 3000. Shares changed hands at $4.64 at 12:36 p.m. EDT, down 13.66%, after dropping to an intraday low of $4.57. Google Finance listed 603.83 million shares outstanding, which means the market cap dropped by around $447 million from the last close. Keel wrapped up a $458 million convertible senior note deal on June 9, with about $445.4 million in net proceeds before costs tied to the offering and capped calls.
2 July 2026
Plug Power (NASDAQ:PLUG) slides as $142 mln asset sale outlook drags on cash outlook

Plug Power (NASDAQ:PLUG) slides with cash crunch still top concern despite Denmark news

Plug Power Inc. dropped 3.4% to $2.55 Thursday afternoon, trailing major U.S. equity ETFs. Traders focused more on the timing of the company's liquidity than the debut of Plug’s Danish electrolyzer system. Shares opened at $2.68 and slipped to $2.54. By 12:49 p.m. EDT, volume hit 33.7 million shares. The Nasdaq’s regular hours are 9:30 a.m. to 4:00 p.m. ET. Nasdaq’s calendar for 2026 shows it will close on July 3 for the Independence Day holiday. NYSE will also close that day.
IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN (NASDAQ:IREN) falls as $694M CEO pay meets Russell 1000 index move

IREN Limited dropped 11.9% to $38.16 in Thursday’s early U.S. trade, lagging behind the Invesco QQQ Trust Series 1, which slipped 1.8%. IREN kicked off at $42.48, reached $43.90, then hovered just above its $37.87 session low. The sell-off hit more than just this stock. AI names and power-focused crypto infra stocks also dropped sharply. IREN’s slide followed news of an executive-comp pay filing and a product hire announced that day.
USPS confirms July 4 shutdown, parcel investors brace for split in mail, markets

USPS confirms July 4 shutdown, parcel investors brace for split in mail, markets

Saturday’s Independence Day has led to an unusual schedule for shippers and markets in the U.S. The mail is still running Friday, but cash equity markets aren’t. For United Parcel Service and FedEx investors, this is more than a simple holiday statement. The worry is about just how much low-cost parcel volume now relies on USPS rates and last-mile work. The Postal Service said Post Offices will be closed on July 4 for Independence Day, with regular mail and retail service back on July 6. Locations and deliveries will operate normally on July 3. Big Island Now reported the same schedule for Post Offices in Hawaii on July 1.
Deltic Energy bid spread remains open as thin AIM quote tests cash offer

Deltic Energy bid spread remains open as thin AIM quote tests cash offer

Deltic Energy Plc keeps acting more like a deal arb play than an explorer. The shares remain under the cash offer price, despite shareholders approving the NEO NEXT+ Energy Upstream UK Limited buyout. Deltic closed flat at 7.00p in London, according to delayed screens, putting the AIM-listed North Sea investor’s market cap at about 6.5 million pounds. NEO NEXT+ will buy Deltic for 7.7p a share in cash, putting the offer’s diluted value near 7.2 million pounds.
TELUS (TSE:T) slide gives new CEO a tougher dividend challenge

TELUS (TSE:T) slide gives new CEO a tougher dividend challenge

TELUS Corporation dropped in Toronto on Thursday, the first day of trading since Victor Dodig became CEO. The yield on the stock sits well above that of other big Canadian telecoms, but TELUS is still working to cut its leverage, leaving investors with a new issue to figure out. The Toronto Stock Exchange was shut Wednesday for Canada Day, with trading back to normal on Thursday. TELUS started at CA$15.00, moved up to CA$15.25 before dropping to CA$14.71—the same 52-week low shown on Google Finance. S&P/TSX Composite Index traded higher late morning.
2 July 2026
BlackBerry (TSX:BB) gains put focus on buyback math and valuation after QNX update

BlackBerry (NYSE:BB; TSE:BB) rally pauses as note conversion faces test

BlackBerry Limited shares dropped sharply Thursday, but the daily move wasn’t the whole story. The recent rally has brought the company’s convertible notes into focus as investors rethink the valuation for its QNX embedded systems business. BlackBerry’s U.S. shares were at $11.68 as of 11:54 a.m. EDT, off $1.13 from the previous close. The stock opened at $12.75 and touched $13.00 earlier in the session. Trading volume reached 28.4 million shares. That’s under the 43.7 million average from Google Finance, but still kept BlackBerry active ahead of the U.S. holiday break.
Oracle (NYSE:ORCL) AI backlog tops market cap but spending keeps rising

Oracle (NYSE:ORCL) AI backlog tops market cap but spending keeps rising

Oracle is trading less like a typical software name and more like a buildout on credit, with $638 billion in future contracted revenue, a $411 billion market cap, and cash outflows that are outpacing near-term revenue realization. Oracle shares changed hands at $141.27 as of 11:48 a.m. EDT, off 0.9% for the session and putting the company’s market cap near $411.4 billion. Microsoft was much larger, with a market value around $2.90 trillion.
AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

Shares of Advanced Micro Devices slipped Thursday, despite more bullish price targets from big Wall Street firms. The market is debating whether AMD’s AI value still sits with its CPUs instead of GPUs. The stock fell 3.5% to $521.78 in late-morning trading in the U.S., giving it a market cap of about $861.4 billion and a trailing P/E ratio of 171.2, based on the latest quote. It closed at a record $580.91 on June 30, putting its market value close to $947 billion, according to Barron’s.
Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple Inc. jumped 3.9% to $305.81 at about 10:50 a.m. in New York, tacking on around $168 billion in market value. That move cut against the broader tape: Invesco QQQ Trust slipped 0.8%, while SPDR S&P 500 ETF Trust traded up 0.2%. The focus is on the gap here—Apple is being pushed back toward its June highs even as fresh survey data raises doubts about whether AI features are making iPhone owners upgrade any faster. UBS analyst David Vogt wrote Thursday that roughly 24% of survey respondents now say they would upgrade sooner due to Apple Intelligence, a drop of 500 basis points from the last six months. At the same time, about 31% reported the new features have no impact, up 300 basis points. UBS added that iPhone purchase intent in China slipped to around 15%. The average iPhone age in the installed base remains high at about 22.9 months.
Tesla (NASDAQ:TSLA) rise powers QQQ early as delivery test looms

Tesla (NASDAQ:TSLA) slips after Q2 beat depends on inventory drawdown

Tesla, Inc. dropped 6.8% to $396.52 late Thursday morning. The EV maker had posted a solid second-quarter delivery beat, but shares still fell. Tesla started at $428.29, hit $436.93 early on, then slid to a session low of $396.18 by about 10:52 a.m. ET, according to the latest quote. Stocks were open in normal trading hours. The NYSE is set to close on Friday, July 3, 2026, for the Independence Day holiday. Regular session hours are 9:30 a.m. to 4:00 p.m. ET, according to the New York Stock Exchange.
Dow Jones closes down 437 points, short of 20th record high close for 2026

Dow outpaces S&P 500 after weak jobs data; record close in sight

The Dow Jones Industrial Average jumped 435.10 points, or 0.83%, to 52,740.34 as of 10:51 a.m. EDT on Thursday, leading U.S. stocks higher. The blue-chip index moved in a range between 52,395.22 and 52,805.12, topping both its prior close of 52,305.24 and the record close of 52,319.20 from Tuesday. The S&P 500 rose 0.24% at that time, while the Nasdaq Composite slipped 0.21%. Thursday will see normal U.S. stock trading hours, and it's also the last cash session before the July 4 holiday. Markets open at 9:30 a.m. ET and close at 4:00 p.m. ET for both NYSE and Nasdaq. Both exchanges have Friday, July 3, 2026, marked as closed.
Nasdaq bounce hides thin megacap recovery as US stocks end

US stocks edge up as jobs data pushes money out of AI chipmakers

U.S. stocks climbed Thursday as June jobs numbers eased Fed rate hike fears without signaling a jobs crisis. Away from the headline indexes, equal-weight and sector ETFs outperformed cap-weighted tech, even though semiconductors lagged and the big indexes moved higher. The Dow Jones Industrial Average jumped 447.72 points, or 0.86%, to 52,752.96 at 9:48 a.m. ET. The S&P 500 was up 49.84 points, or 0.67%, trading at 7,533.51. The Nasdaq Composite rose 146.99 points, or 0.56%, to 26,187.02.
Regencell Bioscience (NASDAQ:RGC) slumps 63% under May offer after rebound fades

Regencell Bioscience (NASDAQ:RGC) slumps 63% under May offer after rebound fades

Regencell Bioscience Holdings Limited dropped Thursday morning after jumping on Wednesday. The move came as biotech funds traded higher. The stock is trading out of sync with the sector and is still well under the price from the company’s share sale six weeks back. Regencell was trading at $7.50, down 6.6% from its last close, as of 9:53 a.m. EDT. The stock opened at $8.00, swung from $7.44 to $9.31, a 25.1% intraday range, with 282,403 shares trading. According to Investing.com, it finished July 1 at $8.03, up 31.86%, on 2.57 million shares. That was after closing June 30 at $6.09.
CaliberCos (NASDAQ:CWD) jumps 100% on Chainlink news, float trades over 24 times in wild session

CaliberCos (NASDAQ:CWD) jumps 100% on Chainlink news, float trades over 24 times in wild session

CaliberCos Inc. jumped close to 100% early Thursday after the Scottsdale-based asset manager said it will use Chainlink tech to tokenize its private real estate funds. Turnover, not the price spike, was the clearer indicator in the market. CWD jumped to $1.28 as of 9:50 a.m. EDT, almost doubling from yesterday’s $0.6453 close. Shares started at $1.47, hit $1.65 early, and traded on heavy volume with 202.2 million shares changing hands, according to data.
Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread

Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread

Select Medical Holdings Corporation closed its run on the New York Stock Exchange with shares finishing nearly right at the cash price for its merger. That wrapped up its time in the market as an option on hospitals, rehab clinics, and steady cash flow. Select Medical, based in Mechanicsburg, Pennsylvania, said June 30 it wrapped up its sale to a group led by Executive Chairman and co-founder Robert A. Ortenzio, Senior EVP of Strategic Finance and Operations Martin F. Jackson, and Welsh, Carson, Anderson & Stowe. Shareholders get $16.50 per share in cash, putting Select Medical's value near $3.9 billion, according to the company. The merger closed at 12:01 a.m. on July 1. SEM stopped trading and lost its NYSE listing the same day.
2 July 2026
Rivian (NASDAQ:RIVN) stock jumps as guide math shifts focus to second-half R2 ramp

Rivian (NASDAQ:RIVN) stock jumps as guide math shifts focus to second-half R2 ramp

Rivian Automotive, Inc. jumped in early U.S. trading on Thursday after the electric-vehicle maker raised its 2026 delivery forecast, but the sharper investor read is in the guide math: the company still needs to deliver almost twice its second-quarter volume in each of the next two quarters to hit the midpoint of the new range. Market data near 9:54 a.m. EDT showed Rivian well ahead of EV peers and broad U.S. equity proxies.
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Stock Market Today

  • ASX midday: Tech shares up, utilities weaker
    July 6, 2026, 10:57 PM EDT. Information technology was the strongest sector on the ASX by midday Tuesday, up 3.2%. WiseTech Global climbed almost 10% after Raelene Murphy was named lead independent director. Utilities fell as that sector saw losses. Gains in tech stood out as results were mixed across the board.
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