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Stock Market 7 June 2026

Joby Aviation Drops 20%—Market Watching for Monday’s Open

Joby Aviation Drops 20%—Market Watching for Monday’s Open

Joby Aviation plunged 14.3% to $9.55 Friday, extending a nearly 20% weekly drop as a strong U.S. jobs report fueled fears of higher interest rates, pressuring speculative growth stocks; trading volume spiked, and peers like Archer and Vertical also fell, raising investor questions about how much to pay now for future air-taxi profits.
7 June 2026
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Bank Of America To Pay $2.25M Over ATM Fees

Bank of America Stock Reacts as Rates Shift: BAC on Watch

Bank of America closed Friday at $53.83, caught between a stronger-than-expected U.S. jobs report that pushed Treasury yields higher and anticipation for Co-President Jim DeMare’s update at Tuesday’s Morgan Stanley U.S. Financials Conference, with investors watching for signals on deposit costs, loan demand, and capital return as rate and inflation dynamics drive near-term stock moves.
7 June 2026
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Aurora Faces Weekend Shakeup With Uber Stock Sale, Nasdaq Drop, 200-Truck Deal

Aurora Faces Weekend Shakeup With Uber Stock Sale, Nasdaq Drop, 200-Truck Deal

Aurora Innovation plunged 7.75% to $6.31 Friday after Uber disclosed a 67.5 million-share block sale at $7.10, intensifying pressure as the Nasdaq tumbled and filings showed Morgan Stanley now holds 10% of Aurora’s Class A shares; investors face a near-term test as commercialization milestones compete with selling overhang and tech market weakness.
7 June 2026
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CDE Shares Drop 11% Even After Index Addition

CDE Shares Drop 11% Even After Index Addition

Coeur Mining will join the S&P MidCap 400 before trading June 22, but CDE plunged 11.4% Friday and 15% for the week as gold and silver prices tumbled; investors now await the June 10 dividend, U.S. inflation data, and a Fed meeting, with index inclusion set against ongoing pressure from falling precious metals and rising yields.
7 June 2026
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Grab Stock Falls. Inflation Remains in Focus.

Grab Stock Falls. Inflation Remains in Focus.

Grab Holdings shares slid 3.47% Friday to $3.34, down 5.6% for the week, as a broader Nasdaq selloff hit growth stocks after a strong U.S. jobs report fueled Fed rate hike fears; investors now await Monday’s open to see if Grab’s solid Q1 results and ongoing buyback can counter sector-wide pressure.
7 June 2026
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NuScale Shares Fall, Nuclear Stocks in Focus for Monday

NuScale Shares Fall, Nuclear Stocks in Focus for Monday

NuScale Power plunged 12.5% to $10.50 Friday amid a broad tech selloff, slipping further after hours, as investors weighed new board appointments against weak Q1 revenue of $565,000 and a $46.7 million net loss; with no new contracts announced, the stock faces pressure until concrete commercial progress emerges.
7 June 2026
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Stock Market Today

  • Capricorn Metals Faces Valuation Debate After Goldman Sachs Downgrade
    June 9, 2026, 5:44 AM EDT. Goldman Sachs downgraded Capricorn Metals (ASX:CMM) from Buy to Neutral after recent share gains, sparking debate on valuation. The stock fell 4.42% in one day to A$12.76, down over 10% in a week, yet it boasts a strong 1-year shareholder return of 39.58% and 3-year return of 186.02%. Capricorn trades with a high price-to-earnings (P/E) ratio of 25.1x, well above the Australian metals and mining average of 12x, reflecting robust growth expectations of nearly 28% earnings and 26% revenue growth annually. However, the stock may appear overvalued if forecasts falter. Contrastingly, discounted cash flow (DCF) analysis indicates undervaluation, with estimated intrinsic value double the current price at A$25.85. Investors face a crossroads between P/E caution and DCF optimism amid sector peers and market conditions.

Latest articles

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

9 June 2026
Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

9 June 2026
Nokia shares slipped 0.66% in Helsinki despite unveiling new AI-driven 5G network deals and a DDoS security launch, as investors weighed the lack of disclosed financial terms and the risk that product announcements may not quickly boost earnings.
SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

9 June 2026
SoFi held Monday’s 2.9% gain at $16.50 after record Q1 results—revenue up 41% to $1.1 billion, EBITDA up 62% to $340 million, loan originations at $12.2 billion, and members up 35%—but shares fell 12% in April after 2026 forecasts stayed flat, with analysts split and risks from higher rates, credit quality, and a 27% drop in tech platform revenue after a major client exit.
Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

9 June 2026
Marvell Technology surged 9.6% to $288.85 after being picked for the S&P 500, extending a 59% rally since May 27, as passive funds prepare to buy shares before its June 22 entry; the move follows record revenue, strong AI bookings, and Nvidia’s $2 billion investment, but risks remain after a recent sector selloff and warnings of overbought conditions.
SUNation Energy Jumps 420% After Suniva Merger News

SUNation Energy Jumps 420% After Suniva Merger News

9 June 2026
SUNation Energy soared 420% to $5.88 after announcing a reverse merger with Suniva, giving Suniva holders about 98.2% of the combined company and SUNation holders 1.8%, pending approvals; SUNation also raised $2.7 million in a private stock sale as it faces cash pressure and recent losses, with the merger aiming to stabilize operations but carrying significant risks if not completed.
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