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Stock Market 1 June 2026

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up 44.70 points to 51,076.85 as Nvidia’s RTX Spark chip news lifts tech stocks; S&P 500 and Nasdaq also rise. Oil prices jump to $94.98 on renewed U.S.-Iran tensions, capping broader gains. Factory activity grows for a fifth month, complicating Fed rate outlook. Market breadth remains narrow, with most advances in tech and AI. Investors await Friday’s jobs report and the Fed’s June meeting.
Stocks Hit Records as Oil Stirs Worry

Stocks Hit Records as Oil Stirs Worry

Nvidia surged 5.9% after unveiling a new AI PC chip with Microsoft, lifting the S&P 500 up 0.43% and Nasdaq 0.68% to near record highs. Tech and energy led gains as Brent crude jumped 4.25% to $94.99, pressuring airlines and capping broader advances. Market breadth stayed weak, with more NYSE stocks falling than rising. Investors await Broadcom’s results and Friday’s jobs data for AI and growth signals.
New Era Energy stock jumps as Russell index addition approaches

New Era Energy stock jumps as Russell index addition approaches

New Era Energy & Digital shares soared 20% to $5.75 after the company said it expects to join the Russell 3000 and Microcap indexes. Over 15.7 million shares traded. FTSE Russell’s first lists confirm NUAI as an addition. New Era recently expanded its Texas data center site to nearly 492 acres, closed a $115 million equity raise, and secured a $290 million credit line. Risks include project financing, operations, and pending litigation.
1 June 2026
Grab Shares On The Move Again As Test For Investors Looms

Grab Shares On The Move Again As Test For Investors Looms

Grab jumped 2.82% to $3.64 Monday after first-quarter revenue beat estimates, rising 24% to $955 million with adjusted EBITDA up 46%. Deliveries revenue climbed 23%, mobility 19%. Analysts mostly rate the stock a buy. Shares remain far below the $6.62 high. Indonesia’s planned commission cap and rising fuel costs pose risks. Grab aims to acquire Foodpanda Taiwan for $600 million, pending approval.
1 June 2026
POET Technologies up 17% as traders look at AI orders, lawsuit timing, Marvell selloff

POET Technologies up 17% as traders look at AI orders, lawsuit timing, Marvell selloff

POET Technologies surged 16.7% to $14.34 on Nasdaq as over 36 million shares traded after new law firm reminders about a June 29 lead-plaintiff deadline in a securities case tied to April’s selloff. The stock’s rebound follows a $50 million Lumilens order, $400 million financing, and Q1 revenue jump, but legal risks and reliance on AI data-center deals remain. POET aims to move its headquarters to the U.S. to avoid PFIC tax issues.
D-Wave shares trade higher on new 2032 quantum plan

D-Wave shares trade higher on new 2032 quantum plan

D-Wave Quantum shares rose 1.2% to $30.50 after unveiling a gate-model quantum roadmap targeting 100 logical qubits by 2032. The company aims for a 17-physical-qubit system in 2026 and 181 by 2028. Q1 revenue dropped 81% to $2.9 million, while bookings hit $33.4 million. Cash and securities reached $588.4 million. D-Wave signed a letter for $100 million in possible CHIPS Act funding but warned its technology may face delays or miss targets.
Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Platforms shares slid 4.3% to $605.45, near session lows, even as tech stocks and Nvidia rallied. Investors weighed Meta’s plan to boost 2026 capital spending to $125–$145 billion, up from $115–$135 billion, despite strong Q1 revenue and ad growth. Bank of America flagged Meta as a “crowded AI spender.” Regulatory scrutiny over employee data use in Europe added pressure. Meta declared a $0.525 dividend, payable June 25.
Marvell Shares Tick Up After Latest AI Move

Marvell Shares Tick Up After Latest AI Move

Marvell Technology surged 9% to $223.36 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI and cloud data centers. Fiscal Q1 revenue hit $2.418 billion, up 28%, with Q2 guidance at $2.70 billion. Barclays raised its price target to $275. Marvell targets over $10 billion in custom chip sales for fiscal 2029, but 82% of 2026 sales depend on 10 clients, and supply risks remain.
Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber surged 5.8% to $74.48 as it, Autobrains, and Nvidia announced a robotaxi rollout in Munich using Nvidia’s Drive Hyperion platform. Over 14 million shares traded. Reuters reported Prosus may block Uber’s Delivery Hero bid by raising its stake. Uber also bought 12.5% of Careem Technologies for $100 million. First-quarter trips rose 20%, gross bookings 25%, and adjusted EBITDA 33%. Munich rollout awaits regulatory approval.
Zoom Gains 11% as Anthropic IPO Filing Draws Spotlight to Its $1.27 Billion AI Stake

Zoom Gains 11% as Anthropic IPO Filing Draws Spotlight to Its $1.27 Billion AI Stake

Zoom shares soared nearly 11% to $114.56 after Anthropic filed confidentially for an IPO, spotlighting Zoom’s $1.27 billion stake in the AI firm. Zoom also launched ZoomMate, a $20/month AI tool that automates meeting tasks. Q1 revenue rose 5.5% to $1.239 billion. The company warned that Anthropic’s IPO timing and valuation could impact results, and competition from Microsoft, Google, and Cisco remains intense.
Alphabet Shares Dip as Google Stock Faces Another AI Hurdle

Alphabet Shares Dip as Google Stock Faces Another AI Hurdle

Alphabet shares fell 1.1% to $376.26 Monday, lagging the QQQ ETF’s 0.9% gain, as investors weighed AI-driven growth against soaring capex, now forecast at up to $190 billion for 2026. Piper Sandler and Truist raised price targets, citing AI and cloud momentum. EU draft rules threaten cloud contracts. DuckDuckGo’s “no-AI” search traffic surged after Google’s AI changes. Alphabet’s annual meeting is set for Friday.
Why AIM ImmunoTech Stock More Than Doubled Today After a Pancreatic Cancer Trial Surprise

Why AIM ImmunoTech Stock More Than Doubled Today After a Pancreatic Cancer Trial Surprise

AIM ImmunoTech shares soared over 100% to 92.79 cents on record volume after its pancreatic-cancer trial hit final subject enrollment ahead of schedule. The last patient is set for mid-June treatment, with the main Ampligen efficacy readout due in December. AIM recently raised $2.4 million in a discounted share offering, adding dilution risk. Monday’s rally came as biotech peers fell, highlighting stock-specific momentum.
Archer Aviation stock moves up as investors watch for 2026 air-taxi test

Archer Aviation stock moves up as investors watch for 2026 air-taxi test

Archer Aviation shares rose 0.8% to $6.87 as investors tracked its 2026 commercial launch targets and high cash burn. The company reported $1.6 million Q1 revenue, a $217.7 million net loss, and $1.78 billion in cash. Archer completed Phase 3 of FAA certification for its Midnight eVTOL, aims for first U.S. operations this year, and forecasts a Q2 adjusted EBITDA loss up to $200 million. No FAA-certified eVTOLs are in U.S. commercial use yet.
SanDisk’s 4,000% Stock Run Just Got a $3,250 Wall Street Target

SanDisk’s 4,000% Stock Run Just Got a $3,250 Wall Street Target

Susquehanna hiked its SanDisk price target to $3,250 as shares traded at $1,768.85, up $73.87. SanDisk posted Q3 revenue of $5.95 billion, up 251%, and forecasted up to $8.25 billion for Q4. Five long-term supply deals, including $42 billion in minimum revenue, underpin the rally. Analysts cite AI-driven NAND demand, tight supply, and new contracting as catalysts, but warn on risks if NAND prices or AI orders falter.
1 June 2026
Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

Robinhood shares fell 4.5% to $90.07 after the Supreme Court sought input from the Trump administration on whether to hear a class-action case over its 2021 IPO disclosures. The stock traded between $85.60 and $94.88 on volume of 28.3 million. Robinhood launched new child investment accounts and AI trading agents, but crypto revenue dropped 47% last quarter. Market cap stood at $82.4 billion, about 44 times earnings.
1 June 2026
Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

Twilio shares surged 14.7% to $218.75 after raising its 2026 outlook and reporting first-quarter revenue up 20% to $1.41 billion. Analysts cited gross-profit growth and AI-driven demand. The company lifted its 2026 revenue growth forecast to 14%-15% and non-GAAP operating income to up to $1.10 billion. Gross margin slipped to 49% as carrier fees rose. Market cap reached $34.5 billion.
Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

Hitek Global Inc. shares soared over 4x to $6.18 in heavy Nasdaq trading after a 1-for-3 reverse split shrank Class A shares to 774,807. Fiscal 2025 revenue hit $6.5 million, up from $2.9 million, with net income swinging to $180,142 from a $896,690 loss. Gross margin fell to 10.6%. SEC filings warn of delisting risk if prices stay below $1, and future equity sales could dilute holders.
1 June 2026
Anthropic IPO Filing Faces Wall Street’s $965 Billion Challenge

Anthropic IPO Filing Faces Wall Street’s $965 Billion Challenge

Anthropic has confidentially filed a draft S-1 for a planned IPO after raising $65 billion at a $965 billion valuation. Annualized revenue reached $47 billion in May, but losses persist. Claude faces rivals OpenAI and Google. Investor Michael Burry warned the $1 trillion valuation may not hold. Uncertainty surrounds a key compute deal with SpaceX, whose AI unit lost $2.5 billion last quarter. Public filing could reveal revenue, losses, and customer details for the first time.
Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle surged over 8% to $244.73 after beating Q3 earnings forecasts and reporting a 44% jump in cloud revenue. Remaining performance obligations soared 325% to $553 billion. Oracle projects $67 billion in fiscal 2026 revenue and $50 billion in capital spending. Bearish bets surfaced, with a $1.07 billion put-options position disclosed. Investors now watch if AI contracts convert fast enough to offset heavy data-center costs.
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Stock Market Today

  • ASX Set to Rise as Oil Prices Increase Amid US-Iran Tensions; IGO Reports Fire at Lithium Plant
    June 9, 2026, 9:09 PM EDT. Australian shares are expected to inch higher on Wednesday following a rise in oil prices driven by US strikes against Iran, raising Middle East tension concerns and potential supply risks via the Strait of Hormuz. Key U.S. indexes closed mixed overnight with the S&P 500 and Nasdaq down, while the Dow inched up. The ANZ-Roy Morgan consumer confidence index improved modestly to 70.8. In corporate news, IGO reported a fire at its Greenbushes lithium plant, which was extinguished without injuries. Insurance Australia Group called on New Zealand's government to address escalating natural hazard risks. The ASX ended Tuesday slightly lower at 8,604.20.

Latest articles

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
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.
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