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Stock Market 1 July 2026

Snap (NYSE:SNAP) gains as short interest drops, putting squeeze bets in question

Snap (NYSE:SNAP) gains as short interest drops, putting squeeze bets in question

Snap Inc. climbed roughly 7.1% to $4.75 in late trading Wednesday. That move was larger than what recent short interest figures suggested. Regular trading on the NYSE closed at 4:00 p.m. ET, and by 17:01 EDT, the session had ended. Snap’s 31.5-cent rise on 1.689 billion shares adds up to a market cap gain of about $530 million for the day. That’s about the same as the $535.62 million in Snap shares sold short, according to the latest data.
1 July 2026
Dow Jones closes down 437 points, short of 20th record high close for 2026

Dow Jones closes down 437 points, short of 20th record high close for 2026

The Dow Jones Industrial Average edged down 13.96 points on Wednesday. The drop came after an earlier gain that saw it hit 52,742.66, but the Dow lost steam, slipping 437.42 points from that intraday high. It settled at 52,305.24, missing out on what would have been its 20th record close of 2026. In the last 30 minutes, the index needed just a small gain to get to that milestone. Investors paid more attention to the swings in the tape than to how the Dow closed. The index fell much further from its high than the final change showed—a 31:1 ratio. The Dow traded across a 716.02-point range for the day, equal to 1.37% of its closing value, according to WSJ quotes at 4:20 p.m. EDT.
S&P 500 edges lower post-bell as AI chip stocks drag, broader market holds up

S&P 500 edges lower post-bell as AI chip stocks drag, broader market holds up

U.S. stocks closed a bit lower Wednesday, but after-hours action told a different story. Most S&P 500 names traded higher even as AI-linked stocks dropped. As of 17:02 EDT, the main session had wrapped and after-hours was underway. Nasdaq's regular hours run from 9:30 a.m. to 4 p.m. ET, with after-hours from 4 p.m. to 8 p.m. ET. The S&P 500 slipped 16.13 points, or 0.22%, closing at 7,483.23. The Nasdaq Composite dropped 173.69 points, down 0.66%, to 26,040.03. The Dow Jones Industrial Average gave up 13.96 points, or 0.03%, ending at 52,305.24, LSEG figures showed, as reported by Reuters.
Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Regular Nasdaq stock trading had just ended at the dateline time. Nasdaq lists its main stock market hours from 9:30 a.m. to 4 p.m. ET and its 2026 calendar marks July 3, not July 1, as the Independence Day market closure. Bending Spoons S.p.A., the Milan-based owner of AOL, Vimeo, Evernote and WeTransfer, jumped in its first U.S. session Wednesday. The stock was quoted at $41.42 at 15:57:59 EDT, up 42.8% from its $29 offer price. The quote followed a $30.70-$43.98 day range.
Transocean (NYSE:RIG) dips after $1 billion Equinor contract, investors question dayrate impact

Transocean (NYSE:RIG) dips after $1 billion Equinor contract, investors question dayrate impact

Transocean Ltd fell 0.5% to $4.87 on Wednesday. The move comes after the company announced a rig deal worth over $1 billion in Norway, which added to its backlog but didn’t deliver the big dayrate hike some expected. Volume came in at 47.86 million shares, topping the average of 33.91 million. Market cap stood at $5.41 billion at the close. Equinor ASA said it signed a letter of intent with Transocean for three Cat D rigs to operate on the Norwegian continental shelf. The deal is valued at about $1 billion. Equinor plans to keep Norwegian output stable through 2035. Jannicke Nilsson, Equinor’s procurement chief, said the company “secured rig capacity on competitive terms.”
1 July 2026
Bradesco stock nears ex-rights date as R$3.5 billion payout tests bank rally

Bradesco stock nears ex-rights date as R$3.5 billion payout tests bank rally

São Paulo, July 1, 2026, 17:01 Banco Bradesco S.A. gave investors a short-term income trade rather than a clean price signal on Wednesday, as its preferred shares edged up before a R$3.5 billion interest-on-equity payment reaches the cutoff date. B3’s regular session was over at the dateline time; the exchange is listed as open Monday to Friday from 10:00 to 16:55 in São Paulo.
IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN Ltd dropped 5.4% to $43.28 late Wednesday as shares of AI cloud infrastructure companies sank. The move followed reports that Meta Platforms is working on a cloud business to sell excess AI computing capacity. Quiver Quantitative said there was no obvious new press release or SEC filing from IREN connected to a negative event as of July 1. Reuters said Meta’s plans were still taking shape and might be different later. Meta would not give Reuters a comment. CoreWeave dropped 14.3% and Nebius Group slid 15.7% in the same session, both seen as more exposed to the neocloud theme.
Plug Power (NASDAQ:PLUG) slides as $142 mln asset sale outlook drags on cash outlook

Plug Power (NASDAQ:PLUG) slides as $142 mln asset sale outlook drags on cash outlook

Plug Power Inc. slipped in mid-afternoon Wednesday, but the focus was on the balance sheet. Trading volume in Plug shares was close to matching the scale of a forthcoming asset sale that investors have pegged as a key liquidity signpost. Plug traded at $2.65, off 2.2%, with 41.3 million shares moving. That volume worked out to $109 million, about 3.0% of Plug’s $3.68 billion market cap.
Nokia (HEL:NOKIA) share rally may account for about 40% of Helsinki index move

Nokia (NOKIA) shares hold up after FMR voting stake dips under 5%

Nokia Oyj slipped Wednesday after a new filing showed FMR LLC’s indirect voting rights in the company fell below 5% as of June 29. Its shareholding stayed just above at 5.20%. The stock has traded as an AI infrastructure play. Nasdaq Helsinki ran a regular session on July 1, with trading in local stocks set for 10:00 to 18:30. July 1 isn’t on the 2026 exchange holiday calendar.
1 July 2026
Reddit stock pops as shorts come up against improving ad growth

Reddit stock pops as shorts come up against improving ad growth

Reddit, Inc. climbed 14.1% Wednesday, beating out most communication-services names as buyers moved in. The stock drew in traders with short interest on the rise and a lot of room left to last year’s high. New York Stock Exchange ran on its usual schedule Wednesday, 9:30 a.m. to 4 p.m. EDT. The market is set to be closed Friday, July 3, for the Independence Day holiday.
1 July 2026
Walmart drop makes July sales latest test for $38 billion valuation

Walmart drop makes July sales latest test for $38 billion valuation

Walmart Inc. dropped $4.75, or roughly 4.2%, to $108.51 just before 3 p.m. ET Wednesday. Cleveland Research reportedly flagged slower U.S. comparable sales. That move wiped out around $38 billion in Walmart’s equity value—almost two-thirds of what Target Corp. is worth now. This looks more like a specific trade story. There was no big wave out of retail stocks. Costco Wholesale Corp. slipped under 1%. Amazon.com Inc. ticked higher. Kroger Co. added ground and the SPDR S&P Retail ETF also traded up.
1 July 2026
Nu Holdings shares trade higher with turnover near $1B buyback target

Nu Holdings shares trade higher with turnover near $1B buyback target

Nu Holdings Ltd. jumped 15.5 cents to $13.515 by mid-afternoon in New York. Volume was active. Shares traded between $13.12 and $13.93. That’s a span of about 6%, much wider than the 1.1% range for Invesco QQQ Trust Series 1 and 2.2% for iShares MSCI Brazil ETF. The table below is based on last trade data collected between 18:41 and 18:43 UTC. Dollar turnover comes from multiplying the last price by the reported volume.
1 July 2026
Constellation Energy (NASDAQ:CEG) falls as stock faces overhang despite PJM heat stress support

Constellation Energy (NASDAQ:CEG) falls as stock faces overhang despite PJM heat stress support

Shares of Constellation Energy Corporation slid sharply Wednesday. Still, bulls watching the power market saw PJM, the country’s top grid operator, preparing for what could be new highs in demand and prices as heat, air-conditioning use and data centers ramp up. Shares fell 5.8% to $233.93 near 1:56 p.m. EDT. Volume came in at 5.23 million shares. The Utilities Select Sector SPDR Fund slipped 1.3%. The SPDR S&P 500 ETF Trust was little changed.
Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) falls after GM contract, traders weigh AI memory bets

Micron Technology fell 9.8% to $1,041.12 as of 13:58 EDT, in delayed trading. The memory-chip company and General Motors announced a long-term supply agreement. Even so, shares sank $113.17 from Tuesday’s close, wiping around $130 billion from Micron’s value based on its quoted share count. That’s roughly 1.9 times GM’s total market cap. Micron took a hit, and that’s the story. The GM deal adds another buyer for Micron’s memory and storage over the long haul, but the market wants proof. The shares now bake in a tough bet—memory chips trading more like a contracted AI part and less like a classic boom-bust commodity.
UiPath (NYSE:PATH) pops as buybacks and shorts drive trading

UiPath (NYSE:PATH) pops as buybacks and shorts drive trading

UiPath Inc jumped 8.2% to $11.77 as of 2:05 p.m. EDT Wednesday. Trading volume hit 49.72 million shares, about 135% of the stock’s 65-day average. Short interest was at 126.25 million shares as of June 15, or 32.23% of float, according to the quote page. Shares were still off 28.22% for the year. There was no new earnings report driving the move. UiPath’s most recent filing in the last 48 hours was a June 29 8-K for its annual meeting. Shareholders backed the board, approved pay and auditor votes. 93.78% of voting power took part. No other items came up at the meeting.
1 July 2026
NIKE (NYSE:NKE) jumps after $986M tariff refund lifts profit

NIKE (NYSE:NKE) jumps after $986M tariff refund lifts profit

NIKE, Inc. shares were up Wednesday, getting a 2.4% lift to $42.02, last check. The move came as the SPDR S&P 500 ETF Trust added 0.1%, and the SPDR S&P Retail ETF ticked up 0.2%. Nike’s intraday range was wide, running from $39.21 to $43.09, a 9.5% band. The market did not fully back the move. Nike’s stock gain tacked on about $1.4 billion in market cap, going by the latest share price and market cap data. The quarter saw a $986 million tariff recovery, which supplied most of the punch to EPS. Investors are focused less on sales growth now, with the shares trading more off margin performance.
Hims & Hers Health (NYSE:HIMS) run trims Canaccord upside after GLP-1 reset

Hims & Hers Health (NYSE:HIMS) run trims Canaccord upside after GLP-1 reset

Hims & Hers Health jumped 9.5% to $37.97 by midday after Canaccord Genuity’s Maria Ripps raised her target price to $40 from $32 and left her Buy call unchanged. The new target is about 5% above the current level, after a 25% bump in the target price. The investor story isn’t about bulk drug sales now, but regular cash subscriptions. Hims offers Wegovy at $149 per month, but buyers have to sign up for a Hims Weight Loss membership too—$39 for month one, then $149 monthly. Hims says this is a separate charge, and membership doesn’t mean you’ll get a prescription.
Intel (NASDAQ:INTC) still trades at a 37% premium despite stock slide ahead of July results

Intel (NASDAQ:INTC) still trades at a 37% premium despite stock slide ahead of July results

Intel Corporation dropped steeper than the rest of chip names Wednesday, losing 7.7% to $128.88 just before 1 p.m. EDT. Shares swung between $127.98 and $138.89 and were less than $1 off the session low. Based on live price and market cap, the drop from Tuesday’s close wiped away about $54.7 billion in equity value. The comparison was intentional. The wider market was moving with Intel, not against it.
Linkhome trading jumps after Mortgage One deal, GPU financing push

Linkhome trading jumps after Mortgage One deal, GPU financing push

Linkhome Holdings Inc. shares jumped over 100% Wednesday as the small Nasdaq-listed real estate and fintech firm closed the Mortgage One Group deal and said the acquisition is now part of a new GPU financing business. The move sent trading volume soaring, well above the company’s total shares. LHAI shares last traded at $1.44, a gain of $0.78, or 118.2%, from Tuesday’s close. The stock started the day at $1.80, touched $1.97 at its high, and dropped to $0.7017 at the low. Trading volume was about 229.3 million shares, market data showed. Google Finance put the stock’s 30-day average at just 98,460 shares, so Wednesday’s volume was roughly 2,329 times normal.
SpaceX (NASDAQ:SPCX) stock shorts test Nasdaq-100 buying after 6% drop

SpaceX (NASDAQ:SPCX) stock shorts test Nasdaq-100 buying after 6% drop

Space Exploration Technologies Corp., known as SpaceX, fell about 6% on Wednesday as a short trade worth more than $31 billion at current prices ran into a coming Nasdaq-100 index bid. U.S. equity markets were open on Wednesday; Nasdaq’s 2026 holiday calendar lists July 3 as the Independence Day closure. SpaceX traded at $160.60, down $10.26, with an intraday range of $157.99 to $176.12 and volume of about 59.9 million shares.
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Stock Market Today

  • Sensex, Nifty Seen Opening Higher as Earnings, FPI Buying Support Momentum
    July 7, 2026, 12:06 AM EDT. Sensex and Nifty 50 are expected to start higher as strong corporate results and steady crude prices keep sentiment up. The benchmarks have climbed 2.4% in four sessions to hover near 10-week highs. Banks led gains on fresh loan growth data, with HDFC Bank jumping more than 3.5%. Foreign portfolio investors bought shares worth Rs 243.03 crore, reversing recent outflows. Crude oil traded near $72 a barrel and monsoon rains improved, adding to the positive setup. Wall Street finished at records, but Asian stocks slipped on profit-taking and regional geopolitical worries. Traders are watching for more earnings updates for direction by sector.
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