Tech Selloff Drives SPY Down 2.6% as AI Stocks Tumble
SPY dropped 2.58% to $737.55 as tech selloff led by AI stock declines drove broad market weakness, while defensive sectors like Consumer Staples gained 1.81%.
US Futures Mixed as Iran Peace Talks Stall, Tech Selloff Continues
US futures mixed as Iran peace talks stall and tech selloff continues. Healthcare leads with 3.07% gain while Nasdaq falls…
Nikkei Edges Higher as Banks Rally, SoftBank Plunges on AI Pause
Nikkei 225 gained 0.20% to ¥39,535 as Japanese banks surged while SoftBank plunged 9.81% amid cooling AI enthusiasm and geopolitical…
Japan Morning Briefing: What to Watch on June 5, 2026
Tokyo opens to mixed Wall Street signals as Dow surges 1.66% while Nasdaq falls. USD/JPY at ¥159.93 benefits exporters amid…
Rubrik Inc Q2 2026 Earnings: Massive Beat on EPS with $0.16 vs -$0.03 Expected
Rubrik Inc (RBRK) delivered a stunning earnings surprise for Q2 2026, reporting earnings per share of $0.16 versus analyst estimates…
ServiceTitan Inc Q2 2026 Earnings: Beat on EPS and Revenue
ServiceTitan Inc (TTAN) delivered a strong earnings beat for Q2 2026, reporting adjusted earnings per share of $0.37 versus analyst…
Quanex Building Products Corp Q2 2026 Earnings: Beat on EPS Despite Revenue Miss
Quanex Building Products Corp (NYSE: NX) reported second-quarter 2026 earnings that beat analyst expectations on the bottom line while falling…
Planet Labs PBC Q2 2026 Earnings: Beat on EPS with 30% Surprise
Planet Labs PBC (NYSE: PL) delivered a stronger-than-expected second quarter 2026 performance, reporting an adjusted loss of $0.03 per share…
Wealthfront Corp Q2 2026 Earnings: Miss on EPS Despite Revenue Near Expectations
Wealthfront Corp (WLTH) reported disappointing second-quarter 2026 earnings on June 4, missing analyst expectations on earnings per share despite revenue…
Dow Surges 1.66% as Value Sectors Rally While Tech Stumbles
Dow surged 1.66% while Nasdaq fell 0.48% as investors rotated from tech into value sectors. Healthcare led gains at 3.06%,…