Today: 2 July 2026
Dow Jones closes down 437 points, short of 20th record high close for 2026
1 July 2026

Dow Jones closes down 437 points, short of 20th record high close for 2026

The Dow Jones Industrial Average edged down 13.96 points on Wednesday. The drop came after an earlier gain that saw it hit 52,742.66, but the Dow lost steam, slipping 437.42 points from that intraday high. It settled at 52,305.24, missing out on what would have been its 20th record close of 2026. In the last 30 minutes, the index needed just a small gain to get to that milestone. Investors paid more attention to the swings in the tape than to how the Dow closed. The index fell much further from its high than the final change showed—a 31:1 ratio. The Dow traded across a 716.02-point range for the day, equal to 1.37% of its closing value, according to WSJ
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Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) falls after GM contract, traders weigh AI memory bets

1 July 2026
Micron Technology fell 9.8% to $1,041.12 as of 13:58 EDT, in delayed trading. The memory-chip company and General Motors announced a long-term supply agreement. Even so, shares sank $113.17 from Tuesday’s close, wiping around $130 billion from Micron’s value based on its quoted share count. That’s roughly 1.9 times GM’s total market cap. Micron took a hit, and that’s the story. The GM deal adds another buyer for Micron’s memory and storage over the long haul, but the market wants proof. The shares now bake in a tough bet—memory chips trading more like a contracted AI part and less like a classic boom-bust commodity.
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Meta Platforms (NASDAQ:META) cloud report sends shares higher, weighs on CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS)

Meta Platforms (NASDAQ:META) cloud report sends shares higher, weighs on CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS)

Shares of Meta Platforms rallied Wednesday following a Bloomberg News report that the Facebook owner is planning to launch a cloud service, selling extra AI computing power. That move could help address investor concerns about high AI costs by adding a new source of revenue. Reuters, quoting the Bloomberg story, said it could not verify the report, and Meta did not reply to a Reuters request for comment. U.S. cash equities traded as of the dateline. At 9:46 a.m. EDT, Meta jumped $38.17, or 6.8%, to $601.46. CoreWeave was down $10.88, or 10.9%, at $88.66. Nebius Group dropped $34.04, or 12.3%, to $242.13. Amazon.com lost 1.4%, Microsoft was up 1.1%, and Alphabet added 0.7%.
1 July 2026
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ServiceNow (NYSE:NOW) shares climb after Guggenheim says AI pullback overdone

ServiceNow (NYSE:NOW) shares climb after Guggenheim says AI pullback overdone

ServiceNow, Inc. traded higher Wednesday after Guggenheim’s John DiFucci upgraded the stock. Shares were last at $102.81, climbing 3.6%. The stock opened at $104.00 and hit $104.99 at the high. Volume reached 4.4 million shares as of 9:47 a.m. EDT. The New York Stock Exchange was open for normal trading at the time. Regular hours are 9:30 a.m. to 4 p.m. ET. For 2026, the exchange has July 3, a Friday, marked as the Independence Day holiday, rather than July 1.
1 July 2026
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AT&T stock drop draws attention to spectrum deal, dividend payout

AT&T stock drop draws attention to spectrum deal, dividend payout

AT&T shares were at $20.70 before trading started in New York on Wednesday, down 5.2%. The slide wiped out roughly $7.9 billion in market value for the telecom group, going by current shares outstanding and market cap. The main NYSE session begins at 9:30 a.m. ET. AT&T holders have to weigh two things: timing around the EchoStar Corp. spectrum close and more selling in U.S. wireless names after SpaceX and Charter Communications Inc. were reported in phone-service talks.
1 July 2026
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AT&T shares slide as trading jumps, spectrum move puts income appeal to test

AT&T shares slide as trading jumps, spectrum move puts income appeal to test

AT&T Inc. tumbled Tuesday, closing off 5.13% at $20.70 after sliding to a 52-week low of $20.57. Volume spiked to 128.67 million shares, 296% of the 65-day average. The S&P 500 Index added 0.79% to finish at 7,499.36. U.S. markets traded a standard session. The NYSE’s next holiday is July 3 for Independence Day. The quick take: AT&T saw about $7.8 billion in equity value wiped out in a single day. That figure uses MarketWatch’s $1.12 drop from close to close, with 6.95 billion shares in play. It’s about a third the size of the $23 billion spectrum deal AT&T struck with EchoStar Corp.. It’s also nearly four times the $2 billion Dish DBS debt maturity that tipped EchoStar’s pay-TV
1 July 2026
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Constellation Energy drops, Calpine lock-up weighs

Constellation Energy drops, Calpine lock-up weighs

Constellation Energy Corporation sank Tuesday, trailing a firmer market as traders weighed extra equity supply from the Calpine deal. CEG dropped 4.22% to close at $248.37. That makes three losses in a row. The S&P 500 gained 0.79%, and the Dow added 0.26%. CEG dropped hard over two days, sliding 1.78% Monday and then tumbling 4.22% Tuesday, for a compounded 5.9% loss. By comparison, the S&P 500 gained about 2.0% in those sessions.
30 June 2026
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FuelCell Energy (NASDAQ:FCEL) stock rally exposes warrant math after Russell add

FuelCell Energy (NASDAQ:FCEL) stock rally exposes warrant math after Russell add

FuelCell Energy, Inc. shares jumped for a second day on Tuesday, but the cleaner read for investors may be in the gap between the news and the price reaction: a $49 million export loan package and a Russell index add have helped lift the company’s market value by hundreds of millions of dollars. At 2:49 p.m. EDT, FuelCell traded at $36.46, up $6.66 on the day. The stock hit $37.87 intraday, a fresh 52-week high, and volume was about 21 million shares. Monday’s close was $29.80 after a 24.17% gain, putting the two-session rise near 52% from Friday’s implied close.
30 June 2026
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Pfizer (NYSE:PFE) yield tops 7% after stock falls on China GLP-1 news

Pfizer (NYSE:PFE) yield tops 7% after stock falls on China GLP-1 news

Pfizer Inc traded lower Tuesday afternoon, trailing the main indexes again and raising fresh questions around the stock’s dividend. The New York Stock Exchange was open for normal trading hours. Its 2026 holiday calendar lists July 3 as the next full-day closure for Independence Day. The stock changed hands at $24.14 as of 2:50 p.m. EDT, off 23 cents from the previous close. About 32 million shares traded. The SPDR S&P 500 ETF Trust added 0.9%. The Health Care Select Sector SPDR Fund slipped 0.7%. The SPDR S&P Biotech ETF ticked up 0.3%.
30 June 2026
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JCPenney store closings push spotlight onto mall landlords

JCPenney store closings push spotlight onto mall landlords

JCPenney is shutting or set to shut at least six stores this year, according to Fast Company, which cited local news, customer reviews and the chain’s website. Stores are closing in California, Florida, Illinois, Tennessee, Virginia and Pennsylvania. It’s a small list, but could matter more for mall owners. JCPenney is shutting down its Ross Park Mall location near Pittsburgh after 40 years, with the store set to close Sept. 20. The U.S. Sun said Tuesday that closing sales have kicked off, offering 20% off everything, and some items getting marked down as much as 40%. WTAE reported, citing JCPenney, that the company couldn’t keep its lease or find another spot in the area.
30 June 2026
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Grab shares climb after market downplays impact from Indonesia fee change

Grab shares climb after market downplays impact from Indonesia fee change

Grab Holdings Limited climbed in New York on Tuesday. Investors took stock of the Indonesia driver-fee change and seemed to land on a real cost for Grab, though not as big as early reads of the rule implied. The stock was last at $3.855, up 11.5 cents, or 3.1% from the prior close, as of 12:46 p.m. EDT. Volume was 26.9 million shares. Shares moved ahead of Invesco QQQ Trust, SPDR S&P 500 ETF Trust and SPDR Dow Jones Industrial Average ETF Trust over the same stretch.
30 June 2026
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Dow Jones after bell: new tech weight pushes blue-chip index above 52,000

Dow Jones live today: Two-stock lift masks weak breadth after record close

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30 June 2026
The New York Stock Exchange was in a normal Tuesday session. Its core session runs from 9:30 a.m. to 4:00 p.m. ET, and its next full holiday close is Friday, July 3, for Independence Day observed. At about 11 a.m. EDT, the Dow Jones Industrial Average was quoted near 52,276, up about 94 points, or 0.18%. The S&P 500 was up 0.48% and the Nasdaq Composite rose 0.95%, with tech again doing more of the work than the blue-chip tape.
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Nokia (HEL:NOKIA) share rally may account for about 40% of Helsinki index move

Nokia (HEL:NOKIA) share rally may account for about 40% of Helsinki index move

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30 June 2026
Nokia Oyj rose 4.46% to 11.72 euros by 12:57 EEST in Helsinki on Tuesday, while the OMX Helsinki 25 was up 1.10% at 6,218.18. Nasdaq Helsinki was open for normal trading; Nasdaq lists Helsinki equity hours at 10:00-18:30 local time and does not list June 30 among 2026 Helsinki closure days. The cleaner angle is index math. OMXH25 is a 25-stock, euro-denominated, capitalization-weighted price index, and Nasdaq caps any one company at 10%. At that cap, Tuesday’s Nokia move would add about 0.45 percentage point to the benchmark, or roughly 41% of the index’s 1.10% rise. Actual live weights can differ.
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Applied Materials stock jumps as AMAT rally outruns Wall Street’s average target

Applied Materials shares surge $54 billion, buyback effect now smaller

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30 June 2026
Applied Materials heads into Tuesday with a buyback issue of its own making. After shares jumped 10.82% Monday, each dollar left in its repurchase plan now has less impact on earnings per share. The chip equipment stock ended at $694.64, gaining $67.80 on the day after reaching an intraday high of $708.99. Around 14.17 million shares changed hands, which is roughly 1.7 times its 65-day average volume. MarketWatch posted an after-hours quote of $704.01 at 7:59 p.m. EDT.
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Latest

SurgePays (NASDAQ:SURG) stock pops after liability relief from carrier deal

SurgePays (NASDAQ:SURG) stock pops after liability relief from carrier deal

SurgePays, Inc. shot higher in after-hours trading Wednesday. The wireless and fintech firm announced a change to its wholesale wireless deal that will reduce a liability nearly equal to the company’s closing market cap. The stock ended regular trading at $0.41, up 14.9%. In after-hours trade, it showed $0.72, up another 72.3%. Volume hit 49.57 million shares, far above the 191,270-share average—about 259 times normal turnover, Google Finance data showed. The Nasdaq Composite slipped 0.66% on Wednesday, S&P 500 down 0.22%.
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02 Jul
Regencell Bioscience stock rebound leaves May share buyers deep underwater

Regencell Bioscience stock rebound leaves May share buyers deep underwater

Regencell Bioscience Holdings Limited jumped on Wednesday, but the sharper investor signal sat below the one-day gain: the stock closed at $8.03, far under the $20.30 price paid in a registered-direct offering that closed six weeks ago. Google Finance showed the stock up 31.86% on the day, with a $6.00 low, an $8.78 high and 2.55 million shares traded. That put the day’s volume at about 13.5 times the 189,360-share average shown by Google Finance. The low-to-high swing was 46.3%, based on the same data. That is the point for investors: a company quoted near $4 billion in market value moved hard on volume equal to roughly half of 1% of its 495.47 million shares outstanding.
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02 Jul
Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon Communications Inc. last changed hands at $41.99, off 0.8%. Traders treated the slow-growth dividend play as if it had fresh tech risk this week. Verizon’s market cap stood at $176.8 billion, with shares moving from $41.51 to $42.77 Wednesday. The bigger number isn’t the daily drop. Barron’s reported SpaceX’s threat erased $46 billion in market value from the top three U.S. carriers this week, with Verizon losing $20.25 billion. That’s about 11.5% of Verizon’s market cap, and nearly 94% of the $21.5 billion free cash flow it expects in 2026.
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02 Jul
Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon.com, Inc. traded at $241.70 late Wednesday in after-hours, up 1.4% from Tuesday’s close. The Invesco QQQ Trust lost 1.5% and the SPDR S&P 500 ETF Trust edged down 0.1%. The quote was posted after the regular Nasdaq session, which runs from 9:30 a.m. to 4 p.m. Eastern. After-hours continues until 8 p.m. The Nasdaq is set to close on Friday, July 3, for Independence Day. The Nasdaq Composite dropped 0.66% and the PHLX semiconductor index slid 6.3% as chip names pulled the S&P 500 and Nasdaq lower, according to Reuters. Amazon’s gain was a rare positive, even as Meta Platforms Inc. climbed on talk of an AI cloud push.
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02 Jul
Trump crypto haul hits $1.4 billion, worth 64% of Trump Media (NASDAQ:DJT)

Trump crypto haul hits $1.4 billion, worth 64% of Trump Media (NASDAQ:DJT)

President Donald Trump reported crypto-linked cash lines for 2025 totaling $1.424 billion in his latest financial disclosure, giving investors a firmer number. That amount is about 64% of Trump Media & Technology Group Corp.’s market value. DJT is the public company traders often use as a proxy for Trump’s brand. Trump’s 927-page annual report, filed with the U.S. Office of Government Ethics on June 29, spans 2025. The report says he got a 45-day extension and paid late fees for transactions he hadn’t listed before. Trump is named as president and reports a range of business assets, trusts, crypto wallets and income streams.
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02 Jul
Neutron Holdings (Lime) stock ends first day up 4% from IPO price

Neutron Holdings (Lime) stock ends first day up 4% from IPO price

Neutron Holdings, Inc. ended its Nasdaq debut at $26.00, up 4% from its $25.00 IPO price. The shares opened at $27.00 and reached $28.95 during the day. In after-hours action at 4:36 p.m. EDT, the stock last traded at $25.90 after the close. Lime finished its first day with only a modest gain. The bigger story was the change on the balance sheet. Shares closed giving the company a $1.66 billion market cap, working out to roughly 1.9x projected 2025 revenue and 16x free cash flow for 2025. That’s based on 64.03 million post-IPO shares and numbers from the prospectus.
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01 Jul
Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group N.V. dropped sharply after Nasdaq's regular close, but the stock is still up 173.79% for the year. Trading volume was 175% of the 65-day average. MarketWatch put short interest at 50.93 million shares as of June 15, about 25.21% of the float. That kind of short interest can drive swings both ways, but it didn't stop the fall on Wednesday. Meta Platforms Inc. is working on a cloud business to sell its extra AI computing power, Reuters said, citing Bloomberg News. The plan is still being developed and could shift, according to the report. Meta didn’t comment. The move could put Meta in the supplier camp for companies that rent GPU capacity.
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01 Jul
Snap (NYSE:SNAP) gains as short interest drops, putting squeeze bets in question

Snap (NYSE:SNAP) gains as short interest drops, putting squeeze bets in question

Snap Inc. climbed roughly 7.1% to $4.75 in late trading Wednesday. That move was larger than what recent short interest figures suggested. Regular trading on the NYSE closed at 4:00 p.m. ET, and by 17:01 EDT, the session had ended. Snap’s 31.5-cent rise on 1.689 billion shares adds up to a market cap gain of about $530 million for the day. That’s about the same as the $535.62 million in Snap shares sold short, according to the latest data.
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01 Jul
Dow Jones closes down 437 points, short of 20th record high close for 2026

Dow Jones closes down 437 points, short of 20th record high close for 2026

The Dow Jones Industrial Average edged down 13.96 points on Wednesday. The drop came after an earlier gain that saw it hit 52,742.66, but the Dow lost steam, slipping 437.42 points from that intraday high. It settled at 52,305.24, missing out on what would have been its 20th record close of 2026. In the last 30 minutes, the index needed just a small gain to get to that milestone. Investors paid more attention to the swings in the tape than to how the Dow closed. The index fell much further from its high than the final change showed—a 31:1 ratio. The Dow traded across a 716.02-point range for the day, equal to 1.37% of its closing value, according to WSJ
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01 Jul
S&P 500 edges lower post-bell as AI chip stocks drag, broader market holds up

S&P 500 edges lower post-bell as AI chip stocks drag, broader market holds up

U.S. stocks closed a bit lower Wednesday, but after-hours action told a different story. Most S&P 500 names traded higher even as AI-linked stocks dropped. As of 17:02 EDT, the main session had wrapped and after-hours was underway. Nasdaq's regular hours run from 9:30 a.m. to 4 p.m. ET, with after-hours from 4 p.m. to 8 p.m. ET. The S&P 500 slipped 16.13 points, or 0.22%, closing at 7,483.23. The Nasdaq Composite dropped 173.69 points, down 0.66%, to 26,040.03. The Dow Jones Industrial Average gave up 13.96 points, or 0.03%, ending at 52,305.24, LSEG figures showed, as reported by Reuters.
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01 Jul
Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Regular Nasdaq stock trading had just ended at the dateline time. Nasdaq lists its main stock market hours from 9:30 a.m. to 4 p.m. ET and its 2026 calendar marks July 3, not July 1, as the Independence Day market closure. Bending Spoons S.p.A., the Milan-based owner of AOL, Vimeo, Evernote and WeTransfer, jumped in its first U.S. session Wednesday. The stock was quoted at $41.42 at 15:57:59 EDT, up 42.8% from its $29 offer price. The quote followed a $30.70-$43.98 day range.
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01 Jul
Transocean (NYSE:RIG) dips after $1 billion Equinor contract, investors question dayrate impact

Transocean (NYSE:RIG) dips after $1 billion Equinor contract, investors question dayrate impact

Transocean Ltd fell 0.5% to $4.87 on Wednesday. The move comes after the company announced a rig deal worth over $1 billion in Norway, which added to its backlog but didn’t deliver the big dayrate hike some expected. Volume came in at 47.86 million shares, topping the average of 33.91 million. Market cap stood at $5.41 billion at the close. Equinor ASA said it signed a letter of intent with Transocean for three Cat D rigs to operate on the Norwegian continental shelf. The deal is valued at about $1 billion. Equinor plans to keep Norwegian output stable through 2035. Jannicke Nilsson, Equinor’s procurement chief, said the company “secured rig capacity on competitive terms.”
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01 Jul
Bradesco stock nears ex-rights date as R$3.5 billion payout tests bank rally

Bradesco stock nears ex-rights date as R$3.5 billion payout tests bank rally

São Paulo, July 1, 2026, 17:01 Banco Bradesco S.A. gave investors a short-term income trade rather than a clean price signal on Wednesday, as its preferred shares edged up before a R$3.5 billion interest-on-equity payment reaches the cutoff date. B3’s regular session was over at the dateline time; the exchange is listed as open Monday to Friday from 10:00 to 16:55 in São Paulo.
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01 Jul
IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN Ltd dropped 5.4% to $43.28 late Wednesday as shares of AI cloud infrastructure companies sank. The move followed reports that Meta Platforms is working on a cloud business to sell excess AI computing capacity. Quiver Quantitative said there was no obvious new press release or SEC filing from IREN connected to a negative event as of July 1. Reuters said Meta’s plans were still taking shape and might be different later. Meta would not give Reuters a comment. CoreWeave dropped 14.3% and Nebius Group slid 15.7% in the same session, both seen as more exposed to the neocloud theme.
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01 Jul
Fox’s (NASDAQ:FOXA) Tubi push highlights streaming ad, Roku deal numbers

Fox’s (NASDAQ:FOXA) Tubi push highlights streaming ad, Roku deal numbers

Fox Corp named Seana Sullivan as senior vice president of corporate communications. Sullivan had been Tubi’s VP of communications and publicity. She will now oversee messaging for Fox’s digital strategy, as Fox preps a pitch to investors on its planned Roku buy. Sullivan is taking charge of communications strategy for Tubi Media Group and other Fox digital units overseen by Paul Cheesbrough, such as Fox One, Red Seat Ventures, AdRise and Credible. She will report to Lauren Townsend, who is Fox’s EVP of communications.
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01 Jul
Plug Power (NASDAQ:PLUG) slides as $142 mln asset sale outlook drags on cash outlook

Plug Power (NASDAQ:PLUG) slides as $142 mln asset sale outlook drags on cash outlook

Plug Power Inc. slipped in mid-afternoon Wednesday, but the focus was on the balance sheet. Trading volume in Plug shares was close to matching the scale of a forthcoming asset sale that investors have pegged as a key liquidity signpost. Plug traded at $2.65, off 2.2%, with 41.3 million shares moving. That volume worked out to $109 million, about 3.0% of Plug’s $3.68 billion market cap.
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01 Jul
Nokia (HEL:NOKIA) share rally may account for about 40% of Helsinki index move

Nokia (NOKIA) shares hold up after FMR voting stake dips under 5%

Nokia Oyj slipped Wednesday after a new filing showed FMR LLC’s indirect voting rights in the company fell below 5% as of June 29. Its shareholding stayed just above at 5.20%. The stock has traded as an AI infrastructure play. Nasdaq Helsinki ran a regular session on July 1, with trading in local stocks set for 10:00 to 18:30. July 1 isn’t on the 2026 exchange holiday calendar.
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01 Jul
Reddit stock pops as shorts come up against improving ad growth

Reddit stock pops as shorts come up against improving ad growth

Reddit, Inc. climbed 14.1% Wednesday, beating out most communication-services names as buyers moved in. The stock drew in traders with short interest on the rise and a lot of room left to last year’s high. New York Stock Exchange ran on its usual schedule Wednesday, 9:30 a.m. to 4 p.m. EDT. The market is set to be closed Friday, July 3, for the Independence Day holiday.
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01 Jul
Walmart drop makes July sales latest test for $38 billion valuation

Walmart drop makes July sales latest test for $38 billion valuation

Walmart Inc. dropped $4.75, or roughly 4.2%, to $108.51 just before 3 p.m. ET Wednesday. Cleveland Research reportedly flagged slower U.S. comparable sales. That move wiped out around $38 billion in Walmart’s equity value—almost two-thirds of what Target Corp. is worth now. This looks more like a specific trade story. There was no big wave out of retail stocks. Costco Wholesale Corp. slipped under 1%. Amazon.com Inc. ticked higher. Kroger Co. added ground and the SPDR S&P Retail ETF also traded up.
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01 Jul
Nu Holdings shares trade higher with turnover near $1B buyback target

Nu Holdings shares trade higher with turnover near $1B buyback target

Nu Holdings Ltd. jumped 15.5 cents to $13.515 by mid-afternoon in New York. Volume was active. Shares traded between $13.12 and $13.93. That’s a span of about 6%, much wider than the 1.1% range for Invesco QQQ Trust Series 1 and 2.2% for iShares MSCI Brazil ETF. The table below is based on last trade data collected between 18:41 and 18:43 UTC. Dollar turnover comes from multiplying the last price by the reported volume.
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01 Jul
Constellation Energy (NASDAQ:CEG) falls as stock faces overhang despite PJM heat stress support

Constellation Energy (NASDAQ:CEG) falls as stock faces overhang despite PJM heat stress support

Shares of Constellation Energy Corporation slid sharply Wednesday. Still, bulls watching the power market saw PJM, the country’s top grid operator, preparing for what could be new highs in demand and prices as heat, air-conditioning use and data centers ramp up. Shares fell 5.8% to $233.93 near 1:56 p.m. EDT. Volume came in at 5.23 million shares. The Utilities Select Sector SPDR Fund slipped 1.3%. The SPDR S&P 500 ETF Trust was little changed.
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01 Jul
Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) falls after GM contract, traders weigh AI memory bets

Micron Technology fell 9.8% to $1,041.12 as of 13:58 EDT, in delayed trading. The memory-chip company and General Motors announced a long-term supply agreement. Even so, shares sank $113.17 from Tuesday’s close, wiping around $130 billion from Micron’s value based on its quoted share count. That’s roughly 1.9 times GM’s total market cap. Micron took a hit, and that’s the story. The GM deal adds another buyer for Micron’s memory and storage over the long haul, but the market wants proof. The shares now bake in a tough bet—memory chips trading more like a contracted AI part and less like a classic boom-bust commodity.
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01 Jul
UiPath (NYSE:PATH) pops as buybacks and shorts drive trading

UiPath (NYSE:PATH) pops as buybacks and shorts drive trading

UiPath Inc jumped 8.2% to $11.77 as of 2:05 p.m. EDT Wednesday. Trading volume hit 49.72 million shares, about 135% of the stock’s 65-day average. Short interest was at 126.25 million shares as of June 15, or 32.23% of float, according to the quote page. Shares were still off 28.22% for the year. There was no new earnings report driving the move. UiPath’s most recent filing in the last 48 hours was a June 29 8-K for its annual meeting. Shareholders backed the board, approved pay and auditor votes. 93.78% of voting power took part. No other items came up at the meeting.
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01 Jul
NIKE (NYSE:NKE) jumps after $986M tariff refund lifts profit

NIKE (NYSE:NKE) jumps after $986M tariff refund lifts profit

NIKE, Inc. shares were up Wednesday, getting a 2.4% lift to $42.02, last check. The move came as the SPDR S&P 500 ETF Trust added 0.1%, and the SPDR S&P Retail ETF ticked up 0.2%. Nike’s intraday range was wide, running from $39.21 to $43.09, a 9.5% band. The market did not fully back the move. Nike’s stock gain tacked on about $1.4 billion in market cap, going by the latest share price and market cap data. The quarter saw a $986 million tariff recovery, which supplied most of the punch to EPS. Investors are focused less on sales growth now, with the shares trading more off margin performance.
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01 Jul
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