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Technology 2 June 2026 - 3 June 2026

Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

Alphabet’s Class A shares fell 0.8% after the company upsized and priced an $84.75 billion equity raise to fund AI infrastructure, increasing dilution risk for shareholders even as demand for AI services outpaces supply; the offering is set to close June 4-5, with Berkshire Hathaway as a key investor, but Alphabet warned future share sales could further weigh on stock prices.
3 June 2026
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Archer Aviation trades under $7 as next test looms for air-taxi gamble

Archer Aviation trades under $7 as next test looms for air-taxi gamble

Archer Aviation shares dipped below $7 premarket after closing at $6.74, as investors weigh heavy cash burn—$217.7 million Q1 net loss, $1.78 billion cash on hand—against hopes for first U.S. eVTOL flights this year; Cantor Fitzgerald cut its price target to $11 but kept an Overweight rating, while 46 disclosed risks and ongoing certification challenges cloud near-term outlook.
3 June 2026
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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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Stock Market Today

  • Fuller, Smith & Turner PLC Executes Share Buyback Program
    June 3, 2026, 2:58 PM EDT. Fuller, Smith & Turner PLC repurchased 1,867 of its 'A' Ordinary Shares at an average price of 672.5667 pence on June 3, 2026, via Deutsche Bank on the London Stock Exchange. The shares, part of a buyback programme initiated in January 2026, will be held in Treasury, reducing the total listed voting rights to 31,107,497. The transactions complied with the EU Market Abuse Regulation and UK domestic law. This move forms part of Fuller's ongoing strategy to manage capital and shareholder value under the programme's terms.

Latest articles

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

3 June 2026
AT&T plunged 3.7% after Oppenheimer downgraded the stock, warning that SpaceX’s Starlink could threaten AT&T’s broadband and wireless growth, putting its cash-flow-driven investment case at risk as satellite competition intensifies and the firm removed its $32 price target.
Tesla gets its robotaxi move, but traders pause

Tesla gets its robotaxi move, but traders pause

3 June 2026
Tesla shares dipped 0.5% to $421.63 after launching unsupervised robotaxis across Austin, testing investor hopes that autonomy can drive profits; despite a 39.4% jump in China EV sales, traders showed caution, with Tesla’s high price-to-earnings ratio leaving the stock vulnerable to doubts about robotaxi safety and scalability.
Amazon Shares Fall as Prime Day Change Raises Investor Questions

Amazon Shares Fall as Prime Day Change Raises Investor Questions

3 June 2026
Amazon shares slid 3.2% to $248.42 as investors eyed the June 23-26 Prime Day, moved up from July, as a key test of U.S. consumer demand amid inflation concerns; AWS growth remains strong but faces rising competition, while heavy AI investment and higher delivery costs add risk.
ServiceNow Drops as AI Software Stocks Lose Steam

ServiceNow Drops as AI Software Stocks Lose Steam

3 June 2026
ServiceNow shares plunged nearly 6% to $120.14 as software stocks broadly tumbled, testing the sector’s AI-driven rally; despite strong Q1 results and bullish analyst calls, investors are questioning if AI will boost or erode enterprise software demand, with risks from delayed deals and premium valuations weighing on the stock.
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