AbbVie (ABBV) closed at $227.23 in the latest trading session, marking a +1.02% move from the prior day.
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Robinhood Markets, Inc. (HOOD) reached $82.47 at the closing of the latest trading day, reflecting a -6.63% change compared to its last close.
Today, June 5, 2026, investors are weighing fresh policy tailwinds and new SMR applications against NuScale’s shifting risk profile.
Yahoo Finance Senior Reporter Ines Ferre joins Market Domination Overtime to break down the chip stock sell-off that sent shockwaves through the market on Friday, June 5.
Lululemon stock sinks on disappointing full-year guidance. Freedom Broker cuts the price target on LULU shares by more than half.
Tech stocks tumbled on Friday, with semiconductor stocks leading the sell-off after a blistering run-up to record highs in recent weeks.
The tech-heavy index was weighed down by significant selling pressure in the wake of AI chipmaker Broadcom's disappointing guidance.
FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
XRP (CRYPTO: XRP) was holding $1.28—the level buyers had defended on every dip since February—barely a week ago. But it’s now at $1.09 and falling steeply, with $1.11 already broken and the $1 floor only 9 cents below. What is interesting though is that XRP whales have spent 2026 accumulating, not selling. The number of ... XRP Price Prediction: Will XRP Drop Below $1?
Strategy shares tumbled alongside Bitcoin on Friday as the firm's flagship preferred stock also came under pressure.
Top cryptocurrencies fell Friday, with Bitcoin (BTC-USD) falling below the $61,000 level. The Coi
Xianming Liu, head of XPeng's General Intelligence Center, told Electrek that the company spends roughly RMB 300 million a month training AI models for autonomous driving.
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and Advanced Micro Devices, as Broadcom's weak report earlier this week reverberated across Wall Street. The PHLX chip index slumped almost 8.5% in afternoon trading, putting it on track for its deepest one-day loss since Wall Street's "Liberation Day" tariff selloff in April 2025. Friday's selloff added to losses on Thursday after Broadcom gave a quarterly report that showed demand for its custom AI chips business falling short of lofty expectations.
Energy stocks declined late Friday afternoon, with the NYSE Energy Sector Index and the State Street
Meta stock falls with company executives reportedly considering a stock sale to raise tens of billions of dollars for AI spending.
(Bloomberg) -- Unswayed by strong US jobs data released Friday, economists at Citigroup Inc. are maintaining their increasingly lonely prediction that the Federal Reserve will cut interest rates three times this year.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDCSaylor’s Bitcoi
A report says Meta is exploring a potential equity raise as AI infrastructure spending ramps up and capital needs grow.
Data centers use water primarily for cooling their servers, which process enormous amounts of information.
Bitcoin crashed below $60,000 on June 5, deepening a sell-off that picked up pace after a surprise disclosure from Strategy about a partial sale of its Bitcoin holdings earlier this week on June 1. The move caught markets off guard and added fresh pressure to an already fragile sentiment ...
Multiple law firms have opened investigations into Intuit over potential securities fraud tied to its TurboTax pricing strategy. The probes follow disclosures that Intuit lost market share among more price sensitive TurboTax filers during the 2026 tax season. The investigations increase legal and reputational risk for Intuit at a time of broader business changes and restructuring. For investors watching NasdaqGS:INTU, this legal scrutiny comes after a period of weak share price performance...
Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
The artificial intelligence boom that’s pushing market caps to records is reshaping employment. Challenger, Gray & Christmas data highlighted on CNBC’s Closing Bell Overtime on June 4 indicates that more than 87,000 layoffs this year have been tied to AI, already eclipsing all of 2025’s full-year total just five months in. Chip leader NVIDIA (NASDAQ:NVDA) ... AI Layoffs Already Have Surpassed Last Year’s Total. Tech Workers Are Being Cut First.
Investing.com -- Meta Platforms (NASDAQ:META) shares fell 7% on Friday after the Financial Times reported the company is considering a major equity raise to fund its artificial intelligence infrastructure.
(Bloomberg) -- Bitcoin fell below $60,000 for the first time since October 2024, extending its reversal from market darling after the reelection of US President Donald Trump to a casualty of a rapidly changing speculative landscape.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDC‘Sell Ind
It was not immediately clear which states would bring the lawsuit, Reuters reported, citing sources familiar with the matter.