News Bulletin
Thursday, June 04 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Thursday,
June 4, 2026 |
|
|||
|
5:30 |
Challenger Job Cuts (May) |
97.006K |
|
83.387K |
|
5:30 |
Challenger Job Cuts (YoY) |
0.034 |
|
|
|
8:30 |
Initial Jobless Claims |
225K |
214K |
212K |
|
8:30 |
Nonfarm Productivity (QoQ)
(Q1) |
0.003 |
0.80% |
0:25 |
|
8:30 |
Unit Labor Costs (QoQ) (Q1) |
0.018 |
0.023 |
1:03 |
|
8:30 |
Continuing Jobless Claims |
1,777K |
1,780K |
1,785K |
|
8:30 |
Jobless Claims 4-Week Avg. |
214.75K |
|
208.25K |
|
8:30 |
FOMC Member Barkin
Speaks |
|
|
|
|
10:00 |
FOMC Member Bowman Speaks |
|
|
|
|
10:30 |
Natural Gas Storage |
95B |
99B |
92B |
|
11:30 |
4-Week Bill Auction |
0.03615 |
|
0:52 |
|
11:30 |
8-Week Bill Auction |
0.0361 |
|
0:52 |
|
11:40 |
FOMC Member Daly Speaks |
|
|
|
|
15:50 |
FOMC Member Daly Speaks |
|
|
|
|
13:10 |
|
|
|
|
|
40m |
Fed's Balance Sheet |
|
|
6,704B |
|
40m |
Reserve Balances with Federal Reserve Banks |
|
|
3.067T |
Indices:
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
51,561.93 |
48,984.01 |
47,862.68 |
|
NASDAQ |
26,830.96 |
24,699.02 |
23,300.66 |
|
S&P 500 |
7,584.31 |
7,140.21 |
6,854.32 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital)
|
Company |
EPS |
Consensus |
Previous |
Revenue |
Consensus |
Previous |
MarketCap |
Fiscal |
Time |
|
Ciena CIEN |
1.64 |
1.45 |
0.42 |
1.57B |
1.5B |
1.13B |
$71.69B |
Q2 |
AM |
|
Guidewire
Software GWRE |
0.74 |
0.88 |
355.99M |
293.5M |
$13.6B |
Q3 |
PM |
||
|
Cooper
Companies COO |
1.1 |
0.96 |
1.05B |
1B |
$12.39B |
Q2 |
PM |
||
|
DocuSign DOCU |
0.94 |
0.9 |
813.46M |
763.7M |
$10.81B |
Q1 |
PM |
||
|
Toro TTC |
1.42 |
1.45 |
1.42 |
1.6B |
1.39B |
1.32B |
$9.5B |
Q2 |
AM |
Market
News:
Wall Street had
pushed largely higher on Thursday, as a surge in defensive healthcare
stocks and improving sentiment around the Middle East outweighed a fall in the
technology sector on a post-earnings plunge in Broadcom.
Oil prices dropped
about 3% Thursday, on a report that President Donald Trump
is reluctant to resume full-scare war with Iran despite recent clashes.
Technology stocks
fell on Thursday, with chipmakers Broadcom and Micron Technology leading the losses as
investors fled the semiconductor space.Broadcom
shares were down 13% after the company, which designs and makes customized
artificial intelligence chips for other technology names, reported
weaker-than-expected earnings on Wednesday.
The U.S. dollar weakened slightly on Thursday, but floated near two-month
high, as ongoing tensions in the Middle East dented risk sentiment.
Iranian crude oil
and condensate exports fell to their lowest point in at least six years during
May, dropping below 300,000 barrels per day, according to shipping data and
analysts. The decline stems primarily from a U.S. naval blockade that began on
April 13.
Keystone Acquisition
Corp. (KEYYU) completed its initial public offering of 28.75 million units at $10.00
per unit, raising $287.5 million including the exercise of underwriters’
overallotment option for 3.75 million additional units.
Cognizant Technology
Solutions (CTSH) announced an integration between its Neuro AI Trust platform and ServiceNow
to provide enterprises with AI governance and monitoring capabilities across AI
systems.
Franklin Resources
(NYSE:BEN) shares climbed 6% Thursday after Bloomberg reported that the company’s
Western Asset Management Co. unit is nearing a settlement with the Securities
and Exchange Commission over trading practices.
Quantinuum opened for trading on the Nasdaq
on Thursday at $68 per share, marking a 13.3% increase above its
initial public offering price of $60. The quantum computing company reached a
valuation of $17.63 billion.
Mega-Cap Movers
($200B+ Market Cap)
Avago Technologies (AVGO); Macquarie downgrades Broadcom stock rating on
Google insourcing shift: -11.62%
Micron Tech (MU): -4.92%
Arm (ARM): -4.14%
Arista Networks (ANET): -4.72%
United Health Group (UNH): +4.97%
Eli Lilly And Co (LLY): +4.76%
Goldman Sachs Group (GS): +4.73%
Marvell Technology Group Ltd (MRVL): +4.87%
Merck & Co (MRK): +3.67%
American Express (AXP); Amex and Delta add travel benefits to co-branded
credit cards: +3.78%
Large-Cap Stock
Movers ($10B-$200B Market Cap)
Ciena (CIEN): -14.93%
Five Below Inc (FIVE); Five Below stock slides
8% despite strong Q1 results, guidance: -12.51%
PayPay Corp (PAYP): -6.51%
Regencell Bioscience Holdings (RGC): -6.86%
Reddit (RDDT): +6.78%
The Blackstone Group (BX): +7.38%
Kratos Defense & (KTOS): +7.82%
FedEx Freight Holding (FDXF); Wolfe Research initiates FedEx Freight
stock with outperform rating: +7.42%
Innio Holding Gmbh (INIO); INNIO prices upsized IPO
at $27 per share on Nasdaq:
+22.3%
Applied Opt (AAOI): +11.91%
Mid-Cap Stock Movers
($2B-$10B Market Cap)
Pvh (PVH): -23.05%
Netskope Inc (NTSK); Netskope
tumbles 22% despite Q1 beat on weak FCF, CFO transition: -17.94%
Redwire (RDW); Redwire to grow strawberries on ISS in
greenhouse debut: +18.34%
Liquidia Technologies Inc (LQDA): +15.66%
Oscar Health (OSCR); Wells Fargo upgrades Oscar Health stock rating on
exchange market trajectory: +15.24%
Ekso Bionics Holding (CHRN): +17.09%
Innodata Isogen (INOD): +10.6%
Spartacus Acquisition (NN): +11.64%
Cree Inc. (WOLF): +8.56%
Small-Cap Stock
Movers ($300M-$2B Market Cap)
Adc Therapeutics SA (ADCT); ADC Therapeutics reports positive phase 3 trial
results: -55.2%
Wowo Ltd (CD): -21.94%
LightPath Technol
(LPTH): +18.97%
Lion Biotechnologies (IOVA); Australia approves Iovance’s
Amtagvi for advanced melanoma: +17.28%
Absci (ABSI): +17.93%
agilon health
(AGL): +16.65%
Alvotech (ALVO): +16.24%
InFintT Acquisition (CURR): +15.11%
RoboStrategy (BOT): +14.39%
AAOX (AAOX): +23.84%
For
internal use only