NASDAQ:CORZ

Core Scientific Stock Slips Before the Open as Its AI Data-Center Bet Faces a June Test

Core Scientific Stock Slips Before the Open as Its AI Data-Center Bet Faces a June Test

Core Scientific shares dropped 3.2% to $26.85 in early pre-market trading Monday, putting its market value at about $8.67 billion. The company reported first-quarter revenue of $115.2 million, with colocation revenue rising sharply to $77.5 million from $8.6 million a year earlier. Core Scientific recently added data-center veteran Steve Smith to its board. CoreWeave shares rose 2.5% while bitcoin fell 2%.
June 1, 2026

Stock Market Today

  • Big Four Audit Firms Dominate UK Market, Smaller Firms Expand
    June 1, 2026, 2:05 PM EDT. The Big Four audit firms-Deloitte, KPMG, PwC, and Ernst & Young-continue to dominate the UK audit market, each auditing the majority of FTSE 100 companies by market capitalization, according to Adviser Rankings. Deloitte, KPMG, and PwC each audited 25 FTSE 100 clients in May, while Ernst & Young covered 22. Mid-sized firms audited only three FTSE 100 companies. This dominance by the Big Four is concentrating their efforts on larger listed companies. Meanwhile, mid-sized firms are expanding their footprint by gaining audit contracts among smaller listed UK companies, indicating a shift in market dynamics.