Today: 5 June 2026
Archer Aviation Drops Early as Cash Burn Worries Hit Again
5 June 2026

Archer Aviation Drops Early as Cash Burn Worries Hit Again

Archer Aviation shares fell 2.4% premarket to $6.38, trimming recent gains as investors weighed its FAA certification progress for the Midnight eVTOL against another quarter of heavy planned spending and a projected Q2 adjusted EBITDA loss of $170–$200 million, leaving the stock sensitive to delays or rising losses before commercial revenue arrives.
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AT&T shares slide again as Starlink draws Wall Street attention

AT&T shares slide again as Starlink draws Wall Street attention

5 June 2026
AT&T shares fell to $22.77 premarket after Oppenheimer downgraded the stock, citing rising risks from SpaceX’s Starlink and Amazon’s Leo satellite broadband, with analyst Timothy Horan warning that broadband and mobile growth are at risk as satellite pricing matches legacy broadband; AT&T is countering with new fiber plans and bundle savings.
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T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

T1 Energy Stock Touches 52-Week High After $32M Battery Deal Draws AI Investors

T1 Energy surged 1.4% to $11.66, hitting a 52-week high after agreeing to buy KORE Power for $32 million, expanding into battery storage and AI data center power; the company expects the deal to boost EBITDA in 2026 and add $15–$20 million in 2027, but closing depends on approvals and faces risks from project delays, supply chain, and clean-energy policy uncertainty.
4 June 2026
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Merck Stock Gains as Keytruda Concerns Ease, Investors Look to Pipeline Bets

Merck Stock Gains as Keytruda Concerns Ease, Investors Look to Pipeline Bets

Merck shares surged 4.9% to $120.26 after ASCO data showed its new cancer drug sac-TMT combined with Keytruda improved progression-free survival, reinforcing confidence in Merck’s post-Keytruda pipeline as investors weigh looming patent expirations and competition, with the stock’s rally fueled by optimism but tempered by risks of future trial and regulatory outcomes.
4 June 2026
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ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

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4 June 2026
ChronoScale shares soared nearly 18% to $22.43 after appointing ex-Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, just a month after its Nasdaq debut following a merger with Applied Digital’s cloud business and Ekso Bionics; Applied Digital and affiliates hold about 97% of shares, giving the company a $3.21 billion equity value, while investors weigh execution risks and integration challenges.
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Veru shares jump after Novo Nordisk deal draws traders

Veru shares jump after Novo Nordisk deal draws traders

Veru shares soared 112% to $4.78 after announcing Novo Nordisk will supply Wegovy at no charge for Veru’s Phase 2b obesity trial, with Veru retaining global rights to enobosarm but granting Novo a right of first negotiation; analysts called the deal a “significant event” and kept $24–$25 targets, while Veru warned trial risks and reimbursement challenges remain.
4 June 2026
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IREN Up Early as 800MW AI Campus in Australia Heats Up Power Race

IREN Stock Moves Early as Market Reacts to Australia AI Data-Center Push

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4 June 2026
IREN Ltd. shares dropped 5.8% in extended trading to $61.66 after announcing an 800MW Australian data-center campus, despite a $3.65B GPU financing deal and major contracts with Microsoft and Nvidia; Q3 revenue fell to $144.8M with a $247.8M net loss, as investors weigh growth ambitions against execution, bitcoin prices, and project risks.
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Microsoft (MSFT) Stock After Hours: AI Deals, Norway Fund Showdown and Copilot Launch Shape December 1 Outlook

Microsoft (MSFT) Stock After Hours: AI Deals, Norway Fund Showdown and Copilot Launch Shape December 1 Outlook

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1 December 2025
Microsoft shares closed at $487.38 on Monday, down 0.9%, as investors digested a major OpenAI partnership restructuring and governance tensions ahead of a shareholder meeting. Volume lagged recent averages, with after-hours trading little changed. The S&P 500 and Nasdaq also slipped, adding pressure. Microsoft’s stake in OpenAI now stands at about 27%, valued near $135 billion.
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June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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28 June 2025
OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.
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Latest

BlackBerry Shares Stall After QNX Push

BlackBerry Shares Stall After QNX Push

BlackBerry shares plunged 8% after a rapid rally pushed the stock near a 52-week high, with investors now awaiting June 25 earnings to see if growth matches the hype; analyst price targets remain far below current levels, raising risk if QNX or secure communications disappoint.
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05 Jun
Mortgage Rates Ease Some, Demand Remains Weak

Mortgage Rates Ease Some, Demand Remains Weak

U.S. mortgage rates dipped to 6.48% but failed to revive buyer demand, with mortgage applications down 2.5% and purchase applications at their slowest pace since April, as high borrowing costs and tight budgets continue to weigh on the spring housing market despite a 2.4% drop in median list prices, according to Freddie Mac, MBA, and Realtor.com.
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05 Jun
AI-driven stocks stall on Wall Street after jobs report shakes chip sector

AI-driven stocks stall on Wall Street after jobs report shakes chip sector

Chip stocks plunged Friday, with Broadcom down 4.5% and Nvidia 3.7%, after a stronger-than-expected May jobs report fueled fears the Fed may delay or reverse rate cuts, slamming AI-linked shares that powered this year’s rally; Broadcom’s revenue and AI chip forecast missed Wall Street estimates, triggering a 4.7% drop in the semiconductor ETF as investors demanded perfection.
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05 Jun
Nokia Shares Slide as €500 Million Debt Deal Hits AI Rally

Nokia Shares Slide as €500 Million Debt Deal Hits AI Rally

Nokia shares slid 3.27% in Helsinki and 5.96% in New York as the company issued €500 million in new debt to refinance existing notes, cooling a recent AI-driven rally and highlighting investor jitters over whether rising AI and cloud demand can sustain the stock’s recent surge ahead of next month’s earnings report.
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05 Jun
Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

A stronger-than-expected May jobs report sent the S&P 500 down 0.6% and the Nasdaq off 1.1% as rate-hike worries surged, with futures pricing a 65% chance of Fed tightening in December, up from 48% before the data; chip stocks plunged after Broadcom’s revenue missed expectations and failed to raise its AI outlook, disappointing investors.
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05 Jun
Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel shares plunged 12% to $5.22 after the company priced an upsized $400 million convertible note sale, raising dilution risk for investors as Keel seeks capital to fund its pivot from bitcoin mining to AI data-center infrastructure; the offering follows recent claims of strong liquidity, fueling investor concerns about future share issuance before new business proves itself.
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05 Jun
Adyen Shares Tumble After Analyst Report Hits Market

Adyen Shares Tumble After Analyst Report Hits Market

Adyen plunged 7.13% to €833.00 after traders cited a negative Cleveland Research report, erasing Thursday’s rebound and deepening a 39% year-to-date drop; no new company news triggered the selloff, but Jefferies maintained its Buy rating and €1,166 target, highlighting solid operating momentum and exposure to a potential Q4 slowdown in discretionary spending.
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05 Jun
Archer Aviation Drops Early as Cash Burn Worries Hit Again

Archer Aviation Drops Early as Cash Burn Worries Hit Again

Archer Aviation shares fell 2.4% premarket to $6.38, trimming recent gains as investors weighed its FAA certification progress for the Midnight eVTOL against another quarter of heavy planned spending and a projected Q2 adjusted EBITDA loss of $170–$200 million, leaving the stock sensitive to delays or rising losses before commercial revenue arrives.
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05 Jun
Celsius Stock Drops With Investors Eyeing Texas Alani Nu Probe

Celsius Stock Drops With Investors Eyeing Texas Alani Nu Probe

Celsius shares rebounded 2% premarket to $28.31 after plunging 7.5% on news Texas is investigating whether Celsius and Alani Nu misled consumers about energy drink safety for teens and children—a risk for Alani Nu, which drove $368.1 million of Q1 sales and is key to Celsius’ growth, even as analysts at BofA and Morgan Stanley reiterated bullish views.
05 Jun
Reddit Moves Higher Ahead of Open After $260 Wall Street Target

Reddit Moves Higher Ahead of Open After $260 Wall Street Target

Reddit shares jumped premarket after Loop Capital reaffirmed a Buy rating and $260 target, implying over 50% upside, as investors focus on surging revenue, advertiser growth, and AI data licensing; bullish call-option activity spiked, but risks remain if ad momentum slows or growth valuations falter, with Q2 guidance leaving little margin for error after the stock’s sharp rally.
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05 Jun
SmartKem Moves Higher Premarket as Volume Picks Up in Thinly Traded Nasdaq Listing

SmartKem Moves Higher Premarket as Volume Picks Up in Thinly Traded Nasdaq Listing

SmartKem surged nearly 80% to $0.5753 in premarket trading Friday after closing up 11.5% at $0.3200, despite no new company news; the sub-$1 price keeps Nasdaq listing compliance and a possible reverse split in focus as shareholders prepare to vote June 23 on capital-structure changes, with the company warning of potential dilution and insufficient cash to fund operations for 12 months.
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05 Jun
Nu Holdings Unveils $1 Billion Buyback; Investors Cautious

Nu Holdings Unveils $1 Billion Buyback; Investors Cautious

Nu Holdings jumped 4.1% to $12.12 after announcing a $1 billion share buyback, but recent analyst downgrades and a CFO switch add uncertainty, with BofA cutting its target to $10 citing leadership transition risks; credit quality and growth spending remain key watch items as the buyback aims to support shares amid ongoing competitive and operational challenges.
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05 Jun
Quantinuum slips premarket after $1.68 billion IPO debut

Quantinuum slips premarket after $1.68 billion IPO debut

Quantinuum shares dropped 2.52% to $58.86 in premarket trading, slipping below their $60 IPO price after raising $1.68 billion in an upsized offering, as investors weigh early-stage financials—$5.2 million Q1 revenue against a $136.6 million net loss—and uncertainty over the company’s ability to turn quantum computing promise into repeatable commercial contracts.
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05 Jun
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