Today: 3 June 2026
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Technology 2 June 2026 - 3 June 2026

BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Shares Jump as Investors Bet on QNX

BlackBerry’s U.S. shares surged to a 52-week high, closing up 6.17% at $10.32 after CFO Tim Foote declared the company’s turnaround “complete” and QNX is now driving growth, but with earnings due June 25, investors await proof that revenue gains justify the rally as QNX faces competition and unpredictable government sales.
3 June 2026
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Snap Lags Nasdaq, Turnaround Pressure Rises

Snap Lags Nasdaq, Turnaround Pressure Rises

Snap Inc. shares slid 1.5% to $5.76 Tuesday—about 45% below last July’s high—even as the broader market rose, spotlighting investor doubts about Snap’s turnaround despite first-quarter revenue growth, narrowed losses, and major cost cuts; ad growth remains sluggish and the upcoming Specs update on June 16 is seen as a key test for future revenue momentum.
3 June 2026
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Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom soared 4.7% to a record $481.57 as Alphabet’s $80 billion AI infrastructure equity raise sharpened focus on Broadcom’s custom AI chip and networking supply, with investors eyeing tomorrow’s earnings and guidance; options pricing signals potential 9% stock swing post-results, as the stock trades at 120 times earnings and faces high expectations for continued AI-driven growth.
3 June 2026
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BlackBerry Stock Hits 52-Week High as Traders Watch BB

BlackBerry Stock Hits 52-Week High as Traders Watch BB

BlackBerry shares surged 4.2% to a 52-week high of $10.26 as investors piled in on QNX robotics-software momentum, FedRAMP security recertification, a renewed buyback, and heavy investor-conference attention, but with a price-to-earnings ratio of 114, the stock’s rapid $2.1 billion market cap jump faces a critical test at the June 25 earnings report.
2 June 2026
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Dow closes outperformed by S&P 500, Nasdaq after bell

Dow Up as Alphabet’s $80 Billion AI Surprise Weighs on Market

Hewlett Packard Enterprise soared 26% after accelerating long-term financial targets by two years and reporting a 40% jump in revenue, while Marvell Technology surged 22% on bullish AI comments from Nvidia’s CEO; Alphabet fell after announcing an $80 billion equity sale to fund AI infrastructure, raising dilution concerns for investors.
2 June 2026
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Why POET Technologies Stock Jumped After a $50 Million Lumilens AI Optics Order

POET Technologies Stock Rises After Pullback as AI-Optics Traders Step In

POET Technologies surged 10% to $15.24 as traders rotated back into the volatile AI-hardware stock after last week’s 17.1% drop, with the move centered on a $400 million financing deal and a $50 million Lumilens supply agreement that could reach $500 million over five years, though full-scale production and milestone-dependent orders remain key risks.
2 June 2026
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Latest articles

Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Traders Pause After Pre-Market Jolt From Navy Deal

3 June 2026
Ondas shares dropped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares to cover tax on vested stock units, despite World View’s $4.8 million U.S. Navy contract win and a rising backlog; investors are watching if Ondas can convert its $457 million backlog into revenue as near-term insider selling weighs on sentiment.
Trump AI order gives OpenAI, Google and Anthropic 30 days on new models

Trump AI order gives OpenAI, Google and Anthropic 30 days on new models

3 June 2026
President Trump’s order gives U.S. agencies up to 30 days to review top AI models like Anthropic’s Claude Mythos Preview before wider release, introducing voluntary federal oversight that could delay launches and increase disclosure pressure for leading AI firms including OpenAI, Google, and Anthropic.
Plug Power Gets $39 Million Cash, Traders Watch the Open

Plug Power Gets $39 Million Cash, Traders Watch the Open

3 June 2026
Plug Power secured $39.2 million in cash by selling a federal clean-energy tax credit tied to its Louisiana hydrogen facility, keeping shares at $4.09 premarket after a 3.81% gain, as investors focus on near-term liquidity following $150 million in Q1 operating cash use and $223 million in unrestricted cash at quarter-end.
Rigetti moves up, but new filings keep quantum trades on edge

Rigetti moves up, but new filings keep quantum trades on edge

3 June 2026
Rigetti Computing shares jumped 4.9% to $26.88, boosting its market value to $9.0 billion as insider filings showed CEO Subodh Kulkarni and CTO David Rivas sold shares after option exercises, while investors weighed a proposed $100 million Commerce Department funding deal that could speed up R&D but may dilute shareholders if finalized; the company posted Q1 revenue of $4.4 million and an operating loss of $26.0 million.
FTSE 100 slips on oil drag, B&M jumps on talk of turnaround

FTSE 100 slips on oil drag, B&M jumps on talk of turnaround

3 June 2026
Brent crude surged 2.61% to nearly $98.50 a barrel after fresh U.S.-Iran strikes, fueling FTSE 100 and FTSE 250 declines as UK services activity contracted and investors braced for persistent inflation and rate risks; B&M soared up to 17% after a smaller-than-feared profit drop, while Howden Joinery rose on a £390 million DIY Kitchens deal.
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