Today: 10 June 2026
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Stock Market 2 June 2026

Archer Aviation Drops Under $7 as Focus Turns to 2026 Air-Taxi Test

Archer Aviation Drops Under $7 as Focus Turns to 2026 Air-Taxi Test

Archer Aviation last traded at $6.84, valuing the company near $5.25 billion—less than half its 52-week high. Q1 net loss widened to $217.7 million on $1.6 million revenue, with $1.78 billion in cash on hand. FAA certification for the Midnight eVTOL aircraft advanced to Phase 4. Wall Street trimmed price targets but kept positive ratings. Risks flagged include ongoing losses, high costs, and possible delays in U.S. and UAE launches.
2 June 2026
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NIO Stock Jumps After May Deliveries — June Is the Test Now

NIO Stock Jumps After May Deliveries — June Is the Test Now

NIO’s U.S.-listed shares rose in pre-market trading after May deliveries jumped 62.3% to 37,705 vehicles, outpacing XPeng and Li Auto. Year-to-date deliveries hit 150,526, up 68.7%. NIO needs 42,939-47,939 June deliveries to meet its Q2 target. ONVO L80 launched May 15; ES8 led its segment for five months. Q1 revenue reached $3.70 billion with 18.8% vehicle margin and positive adjusted operating profit.
2 June 2026
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ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Slips Premarket After Nvidia AI Surge

ServiceNow surged 9.24% to $135.86 Monday after Nvidia’s AI chip launch fueled software stock gains, but shares dropped 2.17% premarket Tuesday to $132.91. Investors bet AI agents will boost, not replace, enterprise software. Margin risks remain from acquisitions and slow Middle East deals. Q1 subscription revenue rose 22% to $3.67 billion; $1M+ Now Assist contracts jumped 130%. Armis deal expected to cut 2026 free cash flow margin by 200 basis points.
2 June 2026
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Palantir Faces AI Trader Test as Stock Rally Draws Bulls

Palantir Faces AI Trader Test as Stock Rally Draws Bulls

Palantir closed Monday up 2.63% at $160.65, but premarket quotes Tuesday showed a 3.37% drop to $155.24. First-quarter revenue soared 85% to $1.633 billion, with U.S. commercial revenue up 133%. The company raised its 2026 outlook. Citi and Rosenblatt hiked targets to $225, while DA Davidson and HSBC cut theirs, citing competition. CEO Karp highlighted U.S. demand. UK government contracts drew new criticism.
2 June 2026
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UiPath Faces Three-Day Test for AI Stock Rebound

UiPath Stock Move Makes Wall Street Revisit AI Automation

UiPath surged 11.77% to $13.10 on Monday after Q1 revenue rose 17% to $418 million and guidance improved, but analysts stayed cautious. Annualized renewal run-rate hit $1.901 billion. CEO Dines called it a “strong start”; management cited GAAP profitability. IceVulcan, controlled by Dines, may sell up to 2.975 million shares. Risks flagged include slow ARR growth and competition from Microsoft and Salesforce.
2 June 2026
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American Airlines Stock Gets Wall Street Lift, But Traders Aren’t Convinced

American Airlines Stock Gets Wall Street Lift, But Traders Aren’t Convinced

American Airlines traded at $14.34 premarket after a 2.05% drop, despite Morgan Stanley raising its price target to $24. Rising fuel costs and removal from the Dow Jones Transportation Average weighed on the stock. CEO Robert Isom reaffirmed full-year guidance, projecting $4–$5 billion in extra fuel costs. April’s record Q1 revenue came with a $382 million net loss. American refinanced $1.85 billion in loans, extending maturity to 2033.
2 June 2026
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Rigetti Draws Trader Interest With Quantum Advance, Insider Selling Also in Focus

Rigetti Draws Trader Interest With Quantum Advance, Insider Selling Also in Focus

Rigetti rose 0.3% premarket to $25.63 after researchers using its hardware published quantum error correction results in Nature Communications. CEO Subodh Kulkarni and CTO David Rivas sold shares after exercising options, filings show. Rigetti has a letter of intent for up to $100 million in U.S. quantum funding, but the deal isn’t final. Q1 revenue was $4.4 million with a $26 million operating loss; cash stood at $569 million as of March 31.
2 June 2026
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Plug Power Slips Premarket as Hydrogen Firm’s Turnaround Runs Into Cash Questions

Plug Power Slips Premarket as Hydrogen Firm’s Turnaround Runs Into Cash Questions

Plug Power traded at $3.94, down 0.3% premarket, as investors awaited CFO remarks at RBC Capital’s Manhattan event. Shares slipped after a Q1 report showed revenue up 22% to $163.5 million and narrowed adjusted losses, but cash burn remains a concern. Plug ended March with $223 million in unrestricted cash and expects $142 million from a deal in June. Execution risk and margin pressure persist as new UK project moves forward.
2 June 2026
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Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta shares slid 5.1% to $600.47 Monday as investors questioned its $125–$145 billion AI capex plan. Alphabet’s $80 billion AI funding move sharpened focus on Big Tech spending. Bank of America urged clients to favor “capex takers” over “crowded AI spenders” like Meta. First-quarter ad revenue rose 33%, but daily active users slipped from last quarter. Legal and operational risks remain, with lawsuits and rising costs in play.
2 June 2026
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HPE Stock Jumps in Premarket as Wall Street Raises Estimates on AI Orders

HPE Stock Jumps in Premarket as Wall Street Raises Estimates on AI Orders

HPE surged 28.7% to $60.96 premarket after smashing Q2 estimates with $10.7B revenue and 79¢ EPS, citing record AI server and networking demand. Fiscal 2026 revenue growth outlook raised to 29%–33%, with adjusted EPS of $3.35–$3.45 and free cash flow at least $3.5B. Networking revenue soared 148.2% to $2.7B, driven by Juniper. Management flagged a record backlog and price hikes on server memory.
2 June 2026
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Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares jumped nearly 7% to $219.43 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI data centers. The company recently raised its long-term revenue outlook on higher AI demand and forecasts $2.7 billion in Q2 revenue. Marvell’s data-center business topped analyst estimates and is expected to grow about 50% this year. Market cap stands at $196 billion, with shares trading at about 75 times earnings.
2 June 2026
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Nokia Stock Jumps Again as AI Bet Grips Helsinki Market

Nokia Stock Jumps Again as AI Bet Grips Helsinki Market

Nokia jumped 5.24% to €14.26 in Helsinki after its U.S. ADR surged 9.50% to $16.25, fueled by a 49% rise in Q1 sales to AI and cloud customers and a maintained 2026 profit outlook. OMX Helsinki 25 gained 1.37%. Nokia expects AI and cloud market growth at 27% CAGR from 2025–2028. Insider bought 44,682 NYSE shares. Risks flagged include competitive pressure, spending changes, and supply-chain disruption.
2 June 2026
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Nvidia Shares Fall Even as AI Stocks Break Records, Traders Eye Taiwan

Nvidia Stock Surges 6% as Jensen Huang’s New AI PC Chip Targets AMD and Intel

Nvidia surged 6.26% to $224.36 after unveiling RTX Spark, a 1-petaflop AI chip for Windows PCs, pushing its value to $5.47 trillion and lifting the Nasdaq and S&P 500 to record closes. Microsoft shares rose 2.3% on the partnership; Qualcomm fell 8.8%, Intel dropped 4.7%. CEO Jensen Huang confirmed strong demand but said Nvidia remains supply constrained, citing reliance on Taiwan-based suppliers as a key risk.
2 June 2026
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SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX set aside 5% of IPO shares for select employees and others chosen by executives, with no standard lock-up. The company targets a $75 billion raise at a $1.75 trillion valuation, aiming to list on Nasdaq as SPCX. Elon Musk will retain 85.1% voting power. Starlink was the only profitable division last quarter; the AI unit lost $2.47 billion. Anthropic will pay SpaceX $1.25 billion monthly for AI compute through 2029.
2 June 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.06.2026

LIVEMarkets rolling coverageStarted: June 2, 2026, 4:00 AM EDTUpdated: June 3, 2026, 3:59 AM EDT Australia Shares Near One-Month High on Miner Rally, BHP Hits Record June 3, 2026, 3:59 AM EDT. Australian shares climbed to a near one-month high on Wednesday, led by mining stocks after BHP reached a record peak. The S&P/ASX 200 index rose 0.4% to 8,754.70, buoyed by gains in commodity prices. Economic data showed GDP growth slowed to 0.3% in Q1, reinforcing expectations of a pause in interest rate hikes by the Reserve Bank of Australia. Domestic miners rose 1.8%, with BHP up over 2%
2 June 2026
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Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Hang Seng surged 2.28% and Shanghai Composite rose 0.43% as AI stocks drew buyers, offsetting a 0.3% Nikkei dip. Anthropic confidentially filed for a U.S. IPO after a $965 billion valuation. Nvidia’s CEO said supply remains tight despite robust growth. Alphabet plans to raise $80 billion for AI, including $10 billion from Berkshire Hathaway. South Korea’s CPI jumped 3.1% in May, fueling rate hike bets. Oil and Middle East risks kept market tone cautious.
2 June 2026
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India Shares Rise as IT Gains Offset Oil Surge, Foreign Outflows

India Shares Rise as IT Gains Offset Oil Surge, Foreign Outflows

Nifty 50 rebounded 0.18% to 23,425.40 by midday as IT stocks surged, offsetting losses in oil and banks and heavy foreign selling. Nifty IT jumped 4.18%, led by Infosys and TCS. Oil held near $94 a barrel, rupee slipped to 95.15 per dollar. NHPC fell after a government share sale at a floor price 8% below last close. RBI’s June 5 policy decision seen as key event risk; most economists expect no rate change.
2 June 2026
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FTSE 100 Bounces with EasyJet Bid Pushing UK Stocks Into Spotlight

FTSE 100 Bounces with EasyJet Bid Pushing UK Stocks Into Spotlight

FTSE 100 rises 0.28% to 10,367.71 after Monday’s Middle East-driven drop; Brent crude slips 0.57% to $94.44. EasyJet in focus as Castlelake eyes a possible bid before June 26 deadline, holding 2.14% stake and valuing shares at not less than 403.23p. Drax to buy Bluefield Solar Income Fund for £561 million. UK house prices fall 0.6% in May, first drop since December. Factory prices post fastest rise since June 2022.
2 June 2026
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Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

S&P 500 and Nasdaq closed at record highs, led by Nvidia’s 6.3% surge after its new RTX Spark chip launch. HPE shares soared 36% post-earnings as revenue jumped 40% and guidance rose. After-hours, major ETFs slipped: SPY down 0.23%, QQQ off 0.35%. Only tech and energy sectors finished higher. Oil spiked 4.24% on U.S.-Iran tensions. Factory PMI hit 54.0, strongest since May 2022.
2 June 2026
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Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom jumped 3% to $459.97 ahead of Wednesday’s Q2 earnings, with options pricing in a 9% swing either way. Analysts raised targets, led by HSBC’s $600 call. Investors focus on AI chip and networking demand through 2027 after Q1 AI revenue soared 106% to $8.4B. Q2 guidance: $22B revenue, 68% adjusted EBITDA margin. Risks flagged if AI orders or forecasts disappoint as stock nears consensus target.
2 June 2026
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Stock Market Today

  • Rich Paul Reveals How He and Adele Met on Glass Half Full Podcast
    June 9, 2026, 7:58 PM EDT. Rich Paul, a prominent sports agent, opened up about how he met British singer Adele during a recent episode of the Glass Half Full podcast. This marks one of the few public insights into their relationship. Paul's discussion provides fans a rare glimpse into the beginnings of their connection, highlighting a personal side to the high-profile couple. Both Paul and Adele maintain privacy about their private lives, making this revelation notable.

Latest articles

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
Social Security Risks 22% Cuts by 2032—Timing Moves Up

Social Security Risks 22% Cuts by 2032—Timing Moves Up

10 June 2026
Social Security’s retirement and survivor fund will run out of reserves in late 2032, forcing a 22% cut to benefits unless Congress acts, as lower fertility, weaker immigration, and reduced tax revenue from Trump’s 2025 law worsen the outlook, trustees warned Tuesday.
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