Today: 2 July 2026
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk
2 July 2026

NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation is starting Thursday with a cleaner test than most chip stocks: the stock is below $200, but it did not fall like the rest of the semiconductor tape. Nvidia closed Wednesday at $197.58, down $2.51, or 1.25%, after touching $193.45. It was quoted at $195.50 at 4:07 a.m. EDT in premarket trade. The Philadelphia Semiconductor Index ended Wednesday down 6.3%, while the Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%. Meta Platforms rose 8.8% after a report that it is building a cloud business to sell excess AI computing capacity.
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Shopify (NASDAQ:SHOP) rallies as TSX shows gap from Canada Day holiday

Shopify (NASDAQ:SHOP) rallies as TSX shows gap from Canada Day holiday

2 July 2026
Shopify Inc. climbed in New York on Wednesday. Its Toronto shares stayed flat with markets closed for Canada Day. TMX Group said the TSX and related markets shut on July 1 and reopen July 2. Shopify’s U.S. quote didn’t just rally. It opened up a currency-adjusted gap. Nasdaq shares finished at $121.63. At $1.4220 per U.S. dollar, that’s about C$172.96. The TSX last traded at C$162.26, so the spread is C$10.70.
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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.
2 July 2026
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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.
1 July 2026
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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
1 July 2026
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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.
1 July 2026
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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.
1 July 2026
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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

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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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AT&T shares dip; SpaceX pressure raises yield concerns

AT&T shares dip; SpaceX pressure raises yield concerns

AT&T Inc. dropped on Wednesday as T-Mobile US Inc. gained. The moves show investors are zeroing in on AT&T’s cash strength and dividend, especially if satellite-powered mobile rivals force down wireless prices in the U.S. The selling hasn’t been just a blip from a single negative story. Barron’s said Wednesday that Verizon Communications Inc., AT&T and T-Mobile together have dropped $43.65 billion in market cap, with traders worried that SpaceX might shake up the U.S. telecom sector.
1 July 2026
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Intel (NASDAQ:INTC) still trades at a 37% premium despite stock slide ahead of July results

Intel (NASDAQ:INTC) still trades at a 37% premium despite stock slide ahead of July results

Intel Corporation dropped steeper than the rest of chip names Wednesday, losing 7.7% to $128.88 just before 1 p.m. EDT. Shares swung between $127.98 and $138.89 and were less than $1 off the session low. Based on live price and market cap, the drop from Tuesday’s close wiped away about $54.7 billion in equity value. The comparison was intentional. The wider market was moving with Intel, not against it.
1 July 2026
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Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

Datavault AI Inc. jumped 21% after outlining its $700 million minerals plan, but the stock still trades a dollar below Nasdaq minimums. Datavault AI Inc. jumped 21.0% to $0.4234 by midday Wednesday. The company said it is teaming up with Patriot Strategic Metals LLC on a planned strategic minerals platform with an initial Phase I program of up to $700 million. Shares stayed well below the $1 close needed for a Nasdaq cure.
1 July 2026
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Walmart stock sinks, wiping $42 billion, raises questions for ad-media value

Walmart stock sinks, wiping $42 billion, raises questions for ad-media value

Walmart Inc. lost 4.7% to $107.99 in New York trading late Wednesday morning, wiping out around $42 billion in market cap from the previous close. That loss is big. The stock is priced like a premium growth play, and even this pullback didn’t change that for some investors. Earlier, MarketWatch listed Walmart’s 52-week range as $94.23 to $135.16. At last check, shares traded roughly 20% under that high. Market cap stood near $864 billion. The stock’s trailing P/E was 37.9.
1 July 2026
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CoreWeave and Nebius face Nasdaq-100 test as AI rally cools

Meta (NASDAQ:META) cloud move rattles CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS) as $15 billion AI compute deal shifts to risk

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1 July 2026
Meta’s shift in cloud spending hit CoreWeave and Nebius after the $15 billion AI compute backstop turned into a risk. New York, July 1, 2026, 11:03 EDT Meta Platforms jumped nearly 10% Wednesday after Bloomberg News said, via Reuters, that the company is starting a cloud business to sell surplus AI computing power. CoreWeave was down 14% and Nebius Group dropped 16% as of 10:50 a.m. in New York, according to current data.
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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)

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1 July 2026
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%.
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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

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1 July 2026
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.
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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

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30 June 2026
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%.
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Latest

Micron’s $138B slide puts Nasdaq-100 concentration in the spotlight

Micron’s $138B slide puts Nasdaq-100 concentration in the spotlight

Micron Technology, Inc. was set for another rough session Thursday, as traders waited to see if the market’s trillion-dollar bet on memory chips would hold up. Shares ended July 1 at $1,032.28, down 10.57%. They lost more ground in premarket trading, quoted at $995.51, off another 3.56% on Google Finance. The $122.01 drop in the regular session erased about $138 billion in market value, based on the company’s 1.13 billion shares outstanding. Micron is in the Nasdaq-100 spotlight now, not just moving on memory headlines. Jefferies trading-desk analyst Jeffery Favuzza said Micron made up 26% of the Nasdaq-100’s first-half return. The index added about 20% over the same time. MarketWatch reported the stock quadrupled in the first half, putting Micron’s
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02 Jul
American Airlines (NASDAQ:AAL) trades near 52-week high after strong holiday travel

American Airlines (NASDAQ:AAL) trades near 52-week high after strong holiday travel

American Airlines Group Inc. heads into Thursday’s premarket as investors weigh summer demand without much new guidance on earnings. The stock finished Wednesday at $18.15, up 0.44%. Google Finance showed shares hit $18.47, matching the 52-week high. Airline stocks didn't move together. American climbed, but Delta Air Lines Inc., United Airlines Holdings Inc. and Southwest Airlines Co. dropped Wednesday, MarketWatch data showed. The S&P 500 Index was also down.
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02 Jul
Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta Platforms jumped 8.8% in early New York premarket Thursday after a Reuters item said Bloomberg News reported Meta is planning to offer extra AI compute power through a new cloud business. The Nasdaq opens for its normal session at 9:30 a.m. EDT. With markets closed Friday for the Independence Day holiday, Thursday is the last U.S. cash trading day before the long weekend. The price jump wiped out some of Meta’s earlier losses this year. Shares closed at $612.91, putting Meta’s market cap at around $1.572 trillion. That’s up $127.6 billion over the last close. The single-day jump is 6.4 times what Meta spent on capital expenditures plus lease principal in Q1, and 10.3 times first-quarter free cash flow.
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02 Jul
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation is starting Thursday with a cleaner test than most chip stocks: the stock is below $200, but it did not fall like the rest of the semiconductor tape. Nvidia closed Wednesday at $197.58, down $2.51, or 1.25%, after touching $193.45. It was quoted at $195.50 at 4:07 a.m. EDT in premarket trade. The Philadelphia Semiconductor Index ended Wednesday down 6.3%, while the Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%. Meta Platforms rose 8.8% after a report that it is building a cloud business to sell excess AI computing capacity.
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02 Jul
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.07.2026

LIVEMarkets rolling coverageStarted: July 2, 2026, 4:00 AM EDTUpdated: July 2, 2026, 5:09 AM EDT Carlsberg files for India IPO, seeks up to $700 million – Bloomberg July 2, 2026, 5:09 AM EDT. Carlsberg has filed confidential draft papers for an IPO of its Indian business, planning to raise as much as $700 million, Bloomberg News said Thursday, citing people with knowledge of the deal. Carlsberg is moving to boost its presence in India’s beer market. Details on the deal’s timing and valuation have not been released. Carlsberg confidentially files for India unit IPO, Bloomberg News reports US Stock Futures
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02 Jul
After hours: chip names slide but rest of US market is quiet

After hours: chip names slide but rest of US market is quiet

U.S. stock ETF proxies slipped in after-hours trade Wednesday, but losses were lighter than the chip selloff during the main session. SPY last changed hands at $744.85, off 0.12%. QQQ traded at $724.24, down 0.13%. DIA was down 0.13% to $521.72 near 7:52 p.m. ET, according to Investing.com. Nasdaq’s after-hours session runs from 4 p.m. to 8 p.m. ET. Stocks closed lower in the regular session. The Dow dipped 13.96 points, or 0.03%, ending at 52,305.24. The S&P 500 dropped 16.13 points, or 0.22%, to 7,483.23. The Nasdaq Composite finished down 173.69 points, or 0.66%, at 26,040.03. Reuters said chipmakers lagged behind, pulling the Philadelphia Semiconductor Index down 6.3%. Meta Platforms gained 8.8% after a Bloomberg story on a cloud
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02 Jul
Shopify (NASDAQ:SHOP) rallies as TSX shows gap from Canada Day holiday

Shopify (NASDAQ:SHOP) rallies as TSX shows gap from Canada Day holiday

Shopify Inc. climbed in New York on Wednesday. Its Toronto shares stayed flat with markets closed for Canada Day. TMX Group said the TSX and related markets shut on July 1 and reopen July 2. Shopify’s U.S. quote didn’t just rally. It opened up a currency-adjusted gap. Nasdaq shares finished at $121.63. At $1.4220 per U.S. dollar, that’s about C$172.96. The TSX last traded at C$162.26, so the spread is C$10.70.
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02 Jul
Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood (NASDAQ:HOOD) approaches $100 billion as June trading run rate tops May

NEW YORK, July 1, 2026, 19:04 EDT—Robinhood Markets is closing in on a $100 billion market cap after the company said its trading run rate for June beat May. Robinhood Markets, Inc. surged 8.35% to $108.65 Wednesday, bucking the market as SPDR S&P 500 ETF Trust edged down 0.12% and Invesco QQQ Trust, Series 1 slipped 1.51%. Coinbase Global, Inc. added 8.91%, while Bitcoin picked up 3.01%.
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02 Jul
Joby Aviation (NYSE:JOBY) shares fall after Toyota JV filing ties funding to certification

Joby Aviation (NYSE:JOBY) shares fall after Toyota JV filing ties funding to certification

Joby Aviation, Inc. dropped in Wednesday’s session after Toyota Motor Corp expanded its manufacturing partnership with the company. Joby ended the day off 0.9% at $8.84. Shares moved between $9.31 and $8.73, with volume hitting about 45.9 million, higher than the 65-day average of 32.1 million. Toyota was in the headline. The filing focused on timing.
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02 Jul
Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix, Inc. stood out for bulls on Wednesday, climbing 3.91% to $74.19. The move bucked a rough day for big tech: Nasdaq Composite lost 0.66%, Nasdaq 100 slipped 1.54%. Volume was 43.73 million shares, about 106% of the 65-day average. Netflix last traded at $74.245 in after-hours as of 7:01 p.m. EDT. The spread stands out as Netflix surged without help from a wider tech rally. MarketWatch data had the Nasdaq 100 off 1.54%, the S&P 500 down 0.22%, and the media and entertainment peer group losing 1.59%. Netflix was up nearly 4%.
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02 Jul
Grab gains as Stash deal brings in fintech boost, Vietnam clock ticking

Grab gains as Stash deal brings in fintech boost, Vietnam clock ticking

Grab Holdings Limited finished higher in U.S. trading Wednesday. After the bell, the company said it now owns Stash Financial, the U.S. investing app. Singapore-based Grab made the move as new Vietnam e-commerce rules start tightening compliance requirements for its delivery and marketplace businesses. Grab closed at $3.89 on Google Finance, up 3.18% for the day. After-hours, it ticked up to $3.90 as the regular session ended at 4:00 p.m. in New York. Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%, AP data showed.
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02 Jul
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
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