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LendingClub Nasdaq Move And Happen Rebrand Reframe Digital Bank Story
Simply Wall St.73d agoneutral
LendingClub Nasdaq Move And Happen Rebrand Reframe Digital Bank Story

LendingClub (NYSE:LC) plans to transfer its stock listing from the New York Stock Exchange to the Nasdaq. The company will trade under the new ticker "HAPN" as it rebrands to Happen Bank. The listing change aligns with LendingClub's repositioning as a growth-focused digital banking platform. LendingClub built its business around online lending and has expanded into digital banking, aiming to bring lending, deposits, and payments onto a single technology-focused platform. The switch to...

US Stock Market Today: S&P 500 Futures Slip As Rate Hike Worries Persist
Simply Wall St.73d agoneutral
US Stock Market Today: S&P 500 Futures Slip As Rate Hike Worries Persist

The Morning Bull - US Market Morning Update Friday, Jun, 5 2026 US stock futures are mixed this morning, with Dow contracts edging higher while S&P 500 and Nasdaq futures slip, as investors weigh strong US demand against stubborn inflation and higher rate expectations. The ISM Services index sits at 54.5, a reading that signals many service businesses are still busy, which tends to support jobs and spending. At the same time, durable goods orders are up 4.8%, showing solid appetite for big...

Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.
Barrons.com73d agobullish
Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.

Stocks were headed for the red on Friday as investors ditched tech ahead of the May jobs report, which will give the market a better idea of whether there will be scope for the Federal Reserve to hike interest rates later this year. Futures tracking the Dow Jones Industrial Average rose 29 points, or 0.1%. S&P 500 futures fell 0.6% and contracts tied to the tech-heavy Nasdaq 100 dropped 1.3%.

Asian shares drop, with South Korea's Kospi down more than 5%
Associated Press73d agoneutral
Asian shares drop, with South Korea's Kospi down more than 5%

Shares have fallen in Asia, with South Korea’s benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. On Wall Street on Thursday, computer chipmaker Broadcom’s shares sank 12.6% when it gave a forecast that fell short of investors’ expectations, raising concerns over the wider AI and technology sector. U.S. memory chip maker Micron Technology dropped 7.7%, and cybersecurity company CrowdStrike Holdings fell 3.8%.

Review & Preview: Health Check
Barrons.com73d agoneutral
Review & Preview: Health Check

The Dow jumped at the open and held its gains for the entire session, closing up 875 points, or 1.7%. Artificial intelligence continues to whipsaw tech stocks, with huge up days followed by significant declines. Tech stocks are so valuable that they move the broader indexes no matter what’s happening elsewhere.

Wall St ends mostly higher as Dow claims record closing high
Reuters Videos73d agoneutralVIDEO
Wall St ends mostly higher as Dow claims record closing high

<body><p>STORY: U.S. stocks mostly gained ground Thursday as progress toward ending the Iran war buoyed investor sentiment.</p><p>The Dow rose 1.7% and notched another record closing high, the S&P 500 added four-tenths of one percent, while the Nasdaq fell a hair.</p><p>Broadcom contributed to the index’s lackluster day. Its shares declined 12.5% after the chip company issued disappointing results.&nbsp;</p><p>:: Archive</p><p>Anna Rathbun, founder and CEO of Grenadilla Advisory, said the changing business conditions discussed by Broadcom on its earnings call could be a warning sign for other AI companies.</p><p>“The traders, the investors and the markets are anticipating potentially falling margins in the future because of the shift in Broadcom's business. Now this actually has implications for rest of AI, right? Because number one, everybody's moving to AI and the costs are definitely going up of raw materials and partnerships, etc. And unless you can pass that down to your customer, at this point they can because the demand is high. At some point they won't be able to. And that means margin pressure. So the markets may be looking at that as a canary in the coal mine. “</p><p>The U.S. House of Representatives passed a measure on Wednesday that would block President Donald Trump from continuing the war on Iran.</p><p>Additionally, a U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to a peace deal, bolstered optimism of a near-term resolution to the war.&nbsp;</p><p>But the truce was rejected by the pro-Iran Hezbollah, which said it would not withdraw troops from Lebanon.</p><p>Other stocks on the move included UnitedHealth which advanced 5% after Bank of America raised its rating on the healthcare conglomerate's shares to "buy."</p><p>And Pinterest&nbsp;climbed about four and a half percent after announcing it would spend $4 billion to strengthen a long-term partnership with Amazon.</p></body>