Autodesk has released Building Layout Explorer as an experimental feature in Forma Site Design for commercial users. This generative AI tool helps architects and designers create and evaluate multiple floor plan options from a massing model early in the design process. Integrated within Forma Site Design, it aims to assist in exploring design trade-offs and making more informed decisions, inviting user feedback to refine its capabilities.

Vicor CFO James Schmidt sold 5,000 shares of the company's common stock for over $1.6 million on June 1, 2026, after exercising stock options. These transactions, made under a Rule 10b5-1 plan, resulted in him holding zero direct shares. The sale follows significant stock growth and strong first-quarter earnings, leading Needham to raise its price target for Vicor.

Zepp Health has introduced the new Amazfit Balance 3 and Balance Ultra smartwatches, signaling a clear shift towards a more serious sports identity. These watches feature a rugged design, enhanced hardware including sapphire glass and advanced GPS, and software tools focused on hybrid training, such as HybridCharge and HYROX integration. The Ultra model, with its titanium build and extended battery life, positions the Balance range closer to high-end sports watches, targeting users engaged in diverse fitness activities.

Adobe Inc. (ADBE) stock declined by 4.83% on June 2, primarily due to lowered analyst earnings expectations ahead of its Q2 2026 earnings release and a more cautious analyst sentiment. Concerns about the financial impact of AI on Adobe's business model, coupled with significant institutional sell-offs and company-specific risks like increased AI competition and regulatory issues, further pressured the stock. The company's MACD indicates a buy signal, but RSI is neutral and Williams %R suggests oversold conditions.

Analysts have increased their average 12-month price target for PagerDuty, Inc. stock to $9.14, up from $8.71, with individual forecasts ranging from $7 to $10 per share. Based on the June 1 closing price, this new target suggests a potential 14% downside for the stock. Despite this, the consensus rating from 10 analysts remains "Buy," comprising 4 Buys, 5 Holds, and 1 Sell recommendation.

Accenture PLC (ACN) stock fell by 5.86% on June 2, driven by a Truist Securities downgrade from "Buy" to "Hold" with a reduced price target, citing client budget pressures, increased AI competition, and concerns over its U.S. federal business. Despite these headwinds, Accenture is strategically expanding its AI capabilities through acquisitions and partnerships. The company is set to announce its third-quarter fiscal 2026 results on June 18, which could further impact its stock performance.

Ambarella Inc. reported its third-quarter fiscal year 2027 results, showing revenue of $100.4M and a diluted EPS of $(0.41), an improvement from the previous year's loss. The revenue growth was attributed to increased unit shipments and higher-priced AI inference processors. The company also highlighted its continued focus on key ODMs and distributors, with product momentum in new SoC families and ongoing R&D efforts for AI, computer vision, and radar perception.

This article is a transcript of Expedia Group, Inc.'s presentation at the 2026 Evercore Global TMT Conference. The presentation, featuring analyst Mark Mahaney from Evercore ISI, took place on June 2, 2026, at 03:35 pm EDT. The full content of the transcript is reserved for subscribers.

Truist Financial has reiterated its "Hold" rating for Science Applications International (SAIC) and increased its price target to $110 from $95. This new target, however, still suggests a slight downside for the stock. Despite a recent earnings beat where SAIC surpassed EPS and revenue estimates and raised its fiscal 2027 profitability outlook, the stock traded down 2%.

Wipro Ltd saw gains for the third consecutive session, with its stock quoting at Rs 209.01, up 1.26% on the NSE. Despite a 15.11% decline over the past year, the company has gained 4.11% in the last month, outperforming the Nifty IT index's gain of 6.97% over the same period. The stock's volume on the day also exceeded its daily average.