Today: 4 June 2026
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Technology 2 June 2026 - 3 June 2026

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.
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
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.
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.
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.
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.
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.

Stock Market Today

  • 3M Company Stock Trails Nasdaq Amid Mixed Analyst Outlook
    June 4, 2026, 9:04 AM EDT. 3M Company has underperformed the Nasdaq over the last year, lagging behind the broader market gains. Despite this, analysts remain cautiously optimistic about 3M's future potential. The stock's recent performance raises questions about its recovery trajectory amid sector challenges. Market watchers are closely monitoring key indicators as 3M strives to regain investor confidence.

Latest articles

Splash Beverage Stock Moves Higher — NYSE Fine Print For Traders

Splash Beverage Stock Moves Higher — NYSE Fine Print For Traders

4 June 2026
Splash Beverage soared 71% to $0.2420 after filing a plan to regain NYSE American compliance, with shares quoted at $0.3650 premarket; the rally comes as the company faces low cash, a lapsed Medterra CBD deal, and urgent needs for new financing and strategic partnerships to avoid delisting.
AT&T shares slip as SpaceX Starlink threat rattles analysts

AT&T shares slip as SpaceX Starlink threat rattles analysts

4 June 2026
AT&T shares held near $23.55 after a 4.4% drop tied to fears over SpaceX’s $135-a-share Starlink IPO and its potential $1.75 trillion valuation, as Oppenheimer downgraded AT&T citing risk to broadband growth from Starlink’s expanding, lower-priced satellite internet, while AT&T counters with new fiber offerings and bundles ahead of key investor updates.
Ford Slides 4.6% After Rally; Energy Storage Remains in Focus for Wall Street

Ford Faces Setback After Battery-Driven Stock Surge

4 June 2026
Ford shares fell 2.7% to $15.71 after May U.S. sales plunged 13.6% and new recalls hit, but premarket gains reflect investor focus on Ford Energy’s five-year, 20 GWh battery storage deal with EDF, as analysts say the energy pivot could drive higher margins and $500–$600 million EBIT if orders materialize.
Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

4 June 2026
Alphabet shares slipped about 0.7% pre-market as investors reacted to its $84.75 billion equity raise to fund massive AI infrastructure spending, with the common-stock offering set to close today and a $10 billion Berkshire Hathaway investment anchoring the deal; 2026 capital expenditures are forecast at $180–$190 billion, with stock dilution and AI demand key risks.
Bitcoin strategy shift is causing more headaches for crypto

Bitcoin strategy shift is causing more headaches for crypto

4 June 2026
Strategy Inc.’s unexpected bitcoin sale sent Bitcoin tumbling 6.7% to $62,464 and Strategy shares down 7%, rattling investors as the company’s reputation as a steadfast bitcoin holder came into question; the move triggered record ETF outflows and mass liquidations, fueling fears of a negative feedback loop for related funds.
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