NASDAQ:ADP

Paylocity Dips After AI Gain — What’s Driving PCTY Stock Now

Paylocity Dips After AI Gain — What’s Driving PCTY Stock Now

Paylocity shares fell 3.7% to $117.84 Tuesday, reversing Monday’s 6.4% gain. The S&P 500 closed at a record high, while payroll stocks including Paychex and ADP also declined. Paylocity reported Q3 revenue up 10.5% to $502.3 million and boosted its buyback plan by $1 billion. CFO Ryan Glenn filed to sell 1,034 shares under a pre-set plan.
June 3, 2026

Stock Market Today

  • Australia Gains Access to Anthropic's Highly Sensitive AI Cybersecurity Model
    June 2, 2026, 8:40 PM EDT. Australian organisations are now granted access to Anthropic's AI model Claude Mythos, deemed "too dangerous" for public release due to its powerful cybersecurity capabilities. The model excels at identifying critical software vulnerabilities that could otherwise be exploited to trigger major breaches. This access is part of Project Glasswing, a staggered global rollout that includes over 150 organisations across 15 countries, covering sectors like finance, power, water, healthcare and communications. Anthropic has involved key Australian institutions such as the Treasury and Reserve Bank. The program has already uncovered over 10,000 severe vulnerabilities since April, aiming to strengthen protection of critical infrastructure ahead of broader release.