Today: 4 July 2026
Oracle stock’s $638 billion backlog fails to stop worst selloff in years
4 July 2026

Oracle stock’s $638 billion backlog fails to stop worst selloff in years

Oracle Corporation enters the long U.S. holiday weekend with an odd split in its numbers: contracted demand has grown larger than the company’s market value, while the stock has kept falling. U.S. equity markets were closed Friday, July 3, for Independence Day observed, with normal NYSE and Nasdaq hours listed as 9:30 a.m. to 4:00 p.m. ET on regular trading days. Oracle’s last regular-session print was Thursday’s $140.27 close, down 1.56%, after touching an intraday low of $138.83. Volume was 44.27 million shares, about 56% above Google Finance’s listed average volume of 28.37 million.
Sam’s opens for July 4, gives Walmart a shot at members as Costco stays closed

Sam’s opens for July 4, gives Walmart a shot at members as Costco stays closed

4 July 2026
BENTONVILLE, Arkansas, July 4, 2026, 09:04 CDT Walmart Inc’s Sam’s Club is staying open on July 4, but Costco Wholesale Corp will be closed. That means Walmart gets a shot at one day’s extra traffic and a chance to pitch cheap memberships. The story for investors is if Sam’s Club can turn Costco shoppers into new members while the rival is shut.
Amazon stock beats Nasdaq before holiday break; focus on Leo, Prime Day data next week

Amazon stock beats Nasdaq before holiday break; focus on Leo, Prime Day data next week

Amazon.com Inc. outperformed the Nasdaq before the long holiday weekend, but its story is still mixed. The stock gained in the final session before the July 3 market holiday, while chip stocks dragged on the Nasdaq and the wider market showed Dow strength but pressure on other big tech. Nasdaq will close July 3, 2026 for the observed Independence Day holiday. Usual cash trading runs 9:30 a.m. to 4 p.m. Eastern, so the next full session is set for Monday, July 6.
WELL Health (TSE:WELL) gains after Canada clinic deal tops sector comp

WELL Health (TSE:WELL) gains after Canada clinic deal tops sector comp

WELL Health Technologies Corp. finished Friday up 3.1% at C$4.31, ahead of the S&P/TSX Composite Index, which rose 0.88%. Shares ended just under the C$4.32 session high, with 996,280 trading hands versus the 1.40 million average. Toronto stocks traded Friday. The TSX calendar showed the Canadian holiday as Canada Day on July 1. U.S. markets will be closed July 3, with different settlement for securities in U.S. dollars.
Dow Jones ends at record 52,900, chips mixed ahead of Fed week

Dow Jones ends at record 52,900, chips mixed ahead of Fed week

U.S. stock markets were closed for trading Friday, leaving Thursday's closes unchanged. The Dow Jones Industrial Average ended at a record high 52,900.07, up 1.14%. The S&P 500 ended flat. The Nasdaq Composite slipped 0.80%. That put the Dow ahead of the Nasdaq by 1.94 points on the session, a sharp spread heading into the long holiday break. This isn't just a broad risk-on move; buyers looked for safety as chips sold off again. The Dow tracks 30 big stocks, weighting them by price, so gains in the highest-priced names move the index more than moves in bigger companies.
GFL Environmental shares trade on TSX after buyout talk; NYSE shut for holiday, $1 billion spread

GFL Environmental shares trade on TSX after buyout talk; NYSE shut for holiday, $1 billion spread

GFL Environmental Inc. jumped 7.56% to C$57.17 on the Toronto exchange at 12:42 p.m. EDT. Reuters, quoting Bloomberg, said the waste services company is looking at a possible take-private deal. GFL’s U.S. shares were idle with NYSE markets closed Friday for the Independence Day holiday, so the Toronto price was the basis for this update. GFL was moving ahead of the Canadian market at midday. By 12:49 p.m. EDT, the S&P/TSX Composite Index was up 0.87%. GFL's volume hit 938,410 shares, well above its usual 688,880. That was almost 36% more than average before the afternoon kicked off.
Palantir surges, adding $23 billion as Nvidia AI tie-up pushes valuation

Palantir stock takes holiday break with $117 billion AI control-layer bet hanging

U.S. stock markets were closed Friday for the Independence Day observed holiday, so Palantir Technologies Inc. only had a four-day trading week. That ended a rough June, with the stock starting July on a firmer note. The New York Stock Exchange will also observe Independence Day on Friday, July 3 in 2026, while regular trading runs 9:30 a.m. to 4:00 p.m. ET otherwise. Palantir didn’t just come back; it outperformed. Shares finished at $129.30 on Thursday, up 2.84% for the session, while SPDR S&P 500 ETF Trust fell $0.85 and Invesco QQQ Trust Series 1 dropped $12.33 in the final U.S. trade before the holiday.
Joby Aviation slips after Toyota JV filing points to modest launch, possible $250 million add-on

Joby Aviation (NYSE:JOBY) drops after Toyota boost fades, JV terms in focus

Joby Aviation closed out the week on a softer note than Toyota’s news signaled. The NYSE was shut Friday, July 3, for the observed Independence Day holiday, so $8.49 on Thursday was the last trade before the break. Joby shares dropped 3.9% from the $8.83 close last Friday, despite news of the manufacturing JV with Toyota Motor Corp. Trading picked up: 207.7 million shares moved in four sessions, or about 51.9 million a day, above the 37.42 million daily average on Google Finance.
ASML rally trims analyst upside ahead of July 15 earnings

ASML rally trims analyst upside ahead of July 15 earnings

ASML Holding N.V. traded higher Friday, with shares last at 1,626.60 euros, up 3.1% from Thursday's close of 1,577.80 euros. The stock moved between 1,588.40 and 1,636.40 euros on the day. Some investors are watching the gap between the current price and analyst targets instead of just the daily move. The rebound keeps the stock 6.6% under its June 30 record of 1,741 euros. It’s now close to the average 12-month price target of 1,695.96 euros. Investing.com pegs the room to target at 4.26%, with 38 analysts rating it a buy and two at sell.
IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN drops after Russell 1000 debut wipes out $2.8 billion, compensation questions rise

U.S. equity markets are closed Friday for the Independence Day holiday, so Thursday’s session marked the last trading for IREN Limited. According to Nasdaq, July 3, 2026 is listed as a market holiday for Independence Day observed. Usual hours run from 9:30 a.m. to 4:00 p.m. Eastern. IREN ended Thursday at $38.82, dropping 10.39%. Shares hit a session low of $37.66 before settling. In late after-hours trading, the stock was at $39.17. The fall wrapped up nine straight lower closes from June 22 to July 2, according to daily data.

Dow up but AI-chip slide hits Nasdaq after jobs report

US stock futures set for gains ahead of July 4; chip selloff masks broader move

U.S. stock investors go into the long weekend without the usual premarket session, as exchanges stay closed for Independence Day observed. The last read on futures had buyers stepping in after a weaker jobs report eased worries about a Fed rate hike soon. U.S. stock and bond markets are shut Friday and regular trading starts back up Monday, July 6. The Dow finished at a record, but the bigger story was the split between index price and market breadth. On Thursday, the S&P 500 closed little changed, but over two-thirds of its stocks traded higher. The Nasdaq slipped as traders reduced chip bets. That leaves Monday looking less like a typical risk-on move and more like a check on whether
Ondas Inc. (NASDAQ:ONDS) heads into shortened week after 315 million shares trade

Ondas Inc. (NASDAQ:ONDS) heads into shortened week after 315 million shares trade

Ondas Inc. heads into the U.S. holiday break after a busy session that finished lower. Thursday’s $7.41 close stands as the last regular-session price before Nasdaq shuts down July 3 for Independence Day observed and trading resumes next week. The key stat isn’t just Thursday’s 6.44% drop. It’s the churn: Ondas saw 315.5 million shares traded from Monday to Thursday, about 60% of its 523.16 million shares outstanding, according to Google Finance. That kind of turnover doesn’t mean every share changed hands, but it does show a lot moved as the stock stalled under $8.50.
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA (NASDAQ:NVDA) holds as 210,000-GPU cloud move set for July milestone

NVIDIA Corporation heads into the extended U.S. holiday with shares that outperformed the chip sector overall but are still held back by Wall Street’s latest concern: how much future sales will come from customers relying on Nvidia-funded infrastructure. Nasdaq will be closed July 3 for Independence Day observed. Regular trading hours are 9:30 a.m. to 4 p.m. Eastern. Nvidia ended Thursday at $194.83, off 1.39%, with 142.4 million shares traded. That's 17.6% under its May 14 peak of $236.54. The after-hours quote was $194.43.
Avis Budget (NASDAQ:CAR) stock pop lines up with $650M settlement value per share

Avis Budget (NASDAQ:CAR) stock pop lines up with $650M settlement value per share

Avis Budget Group, Inc. jumped Thursday. A new credit filing gave the market a direct look at the $650 million Pentwater settlement. The cash is big enough to matter for equity holders, but some lenders already included much of it in debt paperwork. The shares traded at $163.44, up $16.55, or 11.3%. At that price, Avis was worth roughly $5.77 billion. Given the share price and market cap, the $650 million settlement works out to about $18.40 per share. The stock’s gain Thursday covered about 90% of that figure.

Latest

Goldman Sachs (NYSE:GS) trades flat, EMEA M&A head sets July earnings mark

Goldman Sachs (NYSE:GS) trades flat, EMEA M&A head sets July earnings mark

Goldman Sachs heads into next week still trading around $1,000 after new deal figures put the firm on top in first-half EMEA league tables. U.S. markets on the NYSE were shut Friday for Independence Day observed, so Thursday marked the last full regular session. Goldman finished Thursday's session at $1,021.00, up $1.39, or 0.14%. Volume came in at 1.54 million shares, running 28.5% under its 65-day average. Shares were just 0.14% up from the June 26 close at $1,019.61, barely moved in a week that included new deal share gains.
AT&T down 9% for the week; dividend yield, SpaceX issues ahead of Q2

AT&T down 9% for the week; dividend yield, SpaceX issues ahead of Q2

AT&T Inc. fell 9.4% to $20.58 for the holiday week, while the S&P 500 rose 1.8%. The drop wasn’t marketwide—investors sold AT&T on U.S. telecom risk. Shares in U.S. telecoms fell this week as Space Exploration Technologies Corp. and its Starlink mobile ambitions shook the sector. AT&T and Verizon Communications Inc. came under pressure after MarketWatch said SpaceX’s move into mobile weighed on the group, with analysts now saying the threat could drag through 2027.
Oklo (NYSE:OKLO) heads into the week after DOE approval as $1.65 billion short position looms

Oklo (NYSE:OKLO) heads into the week after DOE approval as $1.65 billion short position looms

Oklo Inc. heads into the next U.S. session with a bit of a standoff. The company landed a true regulatory win, but the stock failed to jump, and shorts are still hanging on to a big reported position. The NYSE didn’t open Friday, July 3, for Independence Day, and Saturday wasn’t a trading session. Thursday’s close was the last regular price. Google Finance listed Oklo at $52.36, down 0.17%, in a $50.69 to $56.34 band. Volume hit 9.68 million shares. Market cap stood at $9.11 billion.
Oracle stock’s $638 billion backlog fails to stop worst selloff in years

Oracle stock’s $638 billion backlog fails to stop worst selloff in years

Oracle Corporation enters the long U.S. holiday weekend with an odd split in its numbers: contracted demand has grown larger than the company’s market value, while the stock has kept falling. U.S. equity markets were closed Friday, July 3, for Independence Day observed, with normal NYSE and Nasdaq hours listed as 9:30 a.m. to 4:00 p.m. ET on regular trading days. Oracle’s last regular-session print was Thursday’s $140.27 close, down 1.56%, after touching an intraday low of $138.83. Volume was 44.27 million shares, about 56% above Google Finance’s listed average volume of 28.37 million.
ExxonMobil Holdings (NYSE:XOM) Texas-parent shares begin trading ahead of next profit report

ExxonMobil Holdings (NYSE:XOM) Texas-parent shares begin trading ahead of next profit report

ExxonMobil Holdings Corporation started trading as the new public parent of the Exxon oil group, ending Thursday up 0.59% at $137.09 after a July 1 redomiciliation that moved the parent to Texas, while keeping the NYSE “XOM” ticker. The SEC filing showed each old ExxonMobil share converted into one share of ExxonMobil Holdings, with the new parent now taking ExxonMobil’s spot as the listed company on the New York Stock Exchange. NYSE-listed shares were closed Friday as U.S. markets were shut for Independence Day on July 3. That meant Thursday’s close was the last trading mark ahead of the weekend, so the new parent company only got a four-day debut, not a full week.
Cisco (NASDAQ:CSCO) drops $4.32 in short week, dividend in focus

Cisco (NASDAQ:CSCO) drops $4.32 in short week, dividend in focus

Cisco Systems, Inc. heads into the week with only a minor dividend and faces another price test. U.S. equity markets were closed Friday for the Independence Day holiday observed on July 3. The NYSE has July 3, 2026, listed as the Independence Day market holiday. Cisco ended Thursday down 3.69% at $112.69, off $4.32 for the day. Google Finance showed the after-hours price at $112.48 and noted the company’s next ex-dividend date as July 6, with a $0.42 quarterly payout. MarketWatch called it Cisco’s third drop in a row, putting shares 13.56% below their 52-week high of $130.37 from June 4.
Gasoline crunch brings big gas stations, fuel margins into investor view

Gasoline crunch brings big gas stations, fuel margins into investor view

Investors tracking crude could miss what’s happening in fuels. Gasoline supply, retail margin, and store visits matter too. Russia is rationing after its refineries were hit. U.S. travel centers want people to use the pump as a way into buying food, coffee and other high-margin items. AAA reported regular gas at $3.81 a gallon Saturday. That’s down from $4.24 last month, but more than the $3.15 seen a year ago. Diesel at $4.80. Crude isn’t leading the moves lately. Brent ended Friday at $71.94 and U.S. West Texas Intermediate closed at $68.78, both about flat for the week. RBOB gasoline’s front-month contract was last at $2.9531 a gallon. The EIA put the July 1 Gulf Coast 3:2:1 crack at $58.12
Chevron CVX outpaces Exxon on Q2 yield, but holiday week lags

Chevron CVX outpaces Exxon on Q2 yield, but holiday week lags

U.S. stock markets closed Friday because the New York Stock Exchange put July 3 down as the observed Independence Day holiday for 2026. Chevron Corporation only had four trading sessions this week, with Thursday’s action standing out more. Chevron jumped 2.12% to $169.20 on July 2, but shares still finished down 1.1% from the June 26 close. Exxon Mobil added 0.4% over that same period. The SPDR S&P 500 ETF Trust moved up 2.2%.
Coca-Cola closes at record as KO gets bigger role in staples ETF ahead of July earnings

Coca-Cola closes at record as KO gets bigger role in staples ETF ahead of July earnings

The Coca-Cola Company closed the holiday week at $84.14, which Macrotrends shows as its highest close ever. The NYSE was closed Friday, July 3, for Independence Day since July 4 was a Saturday. U.S. stocks reopen Monday. KO’s move Thursday wasn’t just another defensive trade. The stock’s gain boosted returns for passive staples investors more than PepsiCo Inc., since Coca-Cola has more influence in the Consumer Staples Select Sector Index tracked by XLP. State Street showed Coca-Cola had a 6.96% index weight as of July 2, with PepsiCo at 4.52%.
Walmart (NASDAQ:WMT), Target (NYSE:TGT) stay open on July 4; Costco (NASDAQ:COST) shuts

Walmart (NASDAQ:WMT), Target (NYSE:TGT) stay open on July 4; Costco (NASDAQ:COST) shuts

U.S. retailers open on July 4 caught a bump in holiday demand, but it didn’t last long. Costco stuck to its usual policy and closed on Independence Day. Chick-fil-A stayed dark for Sunday, as always. For investors, store traffic matters. NRF’s new survey found 87% of U.S. shoppers expected to celebrate the holiday, spending a record average of $94.41 on food. AAA said 72.2 million people were set to travel at least 50 miles, including 61.4 million by car. “Record volumes this year,” AAA Travel Vice President Stacey Barber said.
Kroger (NYSE:KR) Giant Eagle deal set at 0.18 sales multiple

Kroger (NYSE:KR) Giant Eagle deal set at 0.18 sales multiple

Kroger Co is picking up Giant Eagle for what looks like a cheap price compared to the revenue involved. The bigger question for investors is if the chain can use that low multiple to boost margins in two grocery markets where Walmart Inc is already a strong rival. Kroger said it will buy Giant Eagle for $1.25 billion in cash and take on about $400 million in liabilities. Giant Eagle runs 197 supermarkets and 11 standalone pharmacies, pulling in around $9 billion in annual sales, with locations in northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. “The strategic fit is clear,” Kroger CEO Greg Foran said, calling it “a well-run” chain. Giant Eagle CEO Bill Artman said the deal
SpaceX stock feels index pressure with valuation estimates spread from $63 to $310

SpaceX stock feels index pressure with valuation estimates spread from $63 to $310

Space Exploration Technologies Corp. is showing how price can disconnect from sales as index flows and options activity hit the name harder than anything models are tracking. The shares last traded at $162.00, still up from the $135 IPO level, but well off the $225.64 high just after its June debut. Nasdaq Inc. said SpaceX raised $85.7 billion including the underwriters’ overallotment, putting its market value at $2.1 trillion on day one. The shares opened at $150 and closed at $160.95, up 19.2% from the IPO price, according to Nasdaq.
Meta’s AI cloud plan puts $62 billion supplier wager in play

Meta’s AI cloud plan puts $62 billion supplier wager in play

Meta Platforms has not confirmed a commercial cloud product. The investor question is already measurable: after $19.84 billion of first-quarter capital expenditures, Meta would need to spend $105.2 billion to $125.2 billion over the final nine months of 2026 to hit its own $125 billion to $145 billion full-year guide. That implies $35.1 billion to $41.7 billion a quarter, or 77%-110% above the first-quarter pace. Reuters, citing Bloomberg News, reported that Meta is building a cloud business to sell excess AI computing capacity and may offer access to hosted models, including Muse Spark, as well as raw compute. The plans are still in development and could change. Meta declined to comment to Reuters.
Fidelity tokenized fund picks up $20 million Theo buy, onchain US Treasuries still clustered

Fidelity tokenized fund picks up $20 million Theo buy, onchain US Treasuries still clustered

Theo put $20 million into Fidelity International’s tokenized liquidity fund, a modest sum compared with the $14.79 billion in tokenized U.S. Treasurys. The deal is much bigger for FILQ. Data from RWA.xyz shows Theo’s buy makes up around 36% of FILQ’s onchain assets and about 17% of Theo’s thBILL value. This is more about concentration than market share. DigitalToday said Saturday that Theo is the first crypto-native platform to put money into Fidelity International’s FILQ. Theo said it invested using Sygnum and now holds FILQ as thBILL’s second institutional underlying asset.)
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 04.07.2026

LIVEMarkets rolling coverageStarted: July 4, 2026, 4:00 AM EDTUpdated: July 4, 2026, 12:33 PM EDT Merrill and BofA Private Bank List 10 Bullish Points for US Economy at 250 Years July 4, 2026, 12:20 PM EDT. Merrill and Bank of America Private Bank point to 10 reasons to bet on the U.S. economy as the country marks 250 years. The U.S. is still the world’s largest economy, with sectors from aerospace to finance to tech boosting global GDP. Its geography brings resource benefits, with farmland and freshwater standing out, especially as scarcity gets more attention. America’s startup culture keeps the
Dow hits record but chips slide in quiet trade ahead of July 4 break

Dow hits record but chips slide in quiet trade ahead of July 4 break

U.S. stock screens showed nothing new on the cash tape Friday night. Both the New York Stock Exchange and Nasdaq marked July 3, 2026, as closed for the observance of Independence Day. Nasdaq's standard after-hours trading lasts from 4 p.m. to 8 p.m. ET on normal days. Thursday saw a split close, and Friday’s fund-flow numbers showed investors buying into tech funds on the pullback. But chip stocks dropped again before the long weekend. Now Monday’s open is a test for whether buyers stick with tech as AI valuations get a tougher look.
Mobileye (NASDAQ:MBLY) pares gains as buyback overhang weighs after 22% jump

Mobileye (NASDAQ:MBLY) pares gains as buyback overhang weighs after 22% jump

Mobileye is set to reopen Monday after racking up strong gains last week, but holders may now be trying to figure out whether the move was driven by real buying or just changes in float math. Nasdaq was shut Friday, July 3, for the Independence Day holiday. Regular hours are 9:30 a.m. to 4 p.m. Eastern. Shares finished Thursday at $9.57, off 1.03% for the session. That’s still up 22.5% from last Friday’s close at $7.81. Most of the rally came June 30, when Mobileye jumped 16.63% on volume of 12.84 million shares.
Remitly Global (NASDAQ:RELY) trades close to high while margin outlook in focus

Remitly Global (NASDAQ:RELY) trades close to high while margin outlook in focus

U.S. stock markets stayed closed Friday for the Independence Day holiday. Remitly Global Inc finished Thursday at $23.75 and last traded at $24.22 in after-hours. Shares rose 6.17% in the last five sessions and 26.53% in the past month. The 52-week range ran from $12.08 to $24.92. Thursday's volume hit 2.99 million, about 63% of its 65-day average. Remitly quote data in this table comes from MarketWatch, while Google Finance was used for the U.S. ETF benchmarks.
Marvell (NASDAQ:MRVL) falls as AI data-center surge cools into holiday week

Marvell (NASDAQ:MRVL) falls as AI data-center surge cools into holiday week

U.S. markets closed on Friday for the Independence Day holiday, so Marvell's last full session was Thursday. Nasdaq says July 3, 2026, will be a holiday. NYSE also has that date as the observed Independence Day. Marvell traded higher early Tuesday but then dropped sharply. Shares ended the week 17.7% under Tuesday’s close and down 8.1% from the last Friday close at $266.77. The week was short, but losses were heavy.
FirstEnergy outages ease in Ohio heat, Lakewood still tests $36B grid plan

FirstEnergy outages ease in Ohio heat, Lakewood still tests $36B grid plan

FirstEnergy saw another outage issue Friday night in suburban Cleveland, with the heat wave putting fresh stress on the grid. Local officials again criticized its reliability. PowerOutage.us reported 3,880 outages in Cuyahoga County, or 0.69% of monitored accounts, just before 7 p.m. EDT. Cleveland Public Power showed 2,449 customers out, or 8.18% of its local base. FirstEnergy had 1,431 out in Cuyahoga, or 0.27%. Its statewide Ohio outage count hit 3,685, more than any other tracked utility.
04 Jul
Recursion Pharmaceuticals (NASDAQ:RXRX) pops, short interest still much bigger than new founder-sale alert

RXRX rallies past biotech ETFs as short interest, insider-sale filings shape coming week

Recursion Pharmaceuticals, Inc. closed Thursday at $3.80, gaining 13 cents as the U.S. markets wrapped up early for the holiday week. The stock traded 32.68 million shares, about double its 65-day average of 17.04 million. Nasdaq was closed Friday for Independence Day. RXRX outperformed major biotech names this week. From the June 26 close to July 2, RXRX gained 8.0%. The SPDR S&P Biotech ETF was up 3.3%. iShares Biotechnology ETF rose 4.5%. The SPDR S&P 500 ETF Trust added 2.2%.
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