Today: 31 May 2026
ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move
31 May 2026

ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move

ServiceNow shares closed at $124.37 Friday, up 14.38%, capping a 40.8% gain for May—its best month since its 2012 IPO, MarketWatch reported. The stock surged 21.8% over the holiday-shortened week. Investors returned to enterprise software names amid renewed optimism for AI-linked platforms. Wipro shares also jumped after announcing an expanded AI partnership with ServiceNow.
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Super Micro jumps 30% in one week—what could shift the stock now

Super Micro jumps 30% in one week—what could shift the stock now

31 May 2026
Super Micro Computer shares jumped 11.6% Friday to $46.09, gaining 29.5% since May 22 as AI server stocks rallied after Dell reported a 757% surge in AI-optimized server revenue. Dell soared 32.8%, while Hewlett Packard Enterprise rose 12.6%. Super Micro’s Q3 net sales fell to $10.2 billion from $12.7 billion last quarter but beat last year’s $4.6 billion. Investors await HPE results Monday and U.S. payrolls Friday.
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IREN Stock Rebounds as Microsoft AI Deal Fuels Bull Calls, but $6 Billion Share Sale Risk Lingers

Iren Stock Set for Monday Move After Turin Blackouts Highlight Grid Plan

Iren shares closed at €2.68 in Milan Friday, down 0.59% for the day and 1.25% for the week, after power blackouts in Turin raised scrutiny of its network investment. The company blamed the outages on early heat and said it restored power for most customers within 45 minutes. Iren has committed €515 million to grid upgrades by 2030. Shareholders approved a 2025 dividend of €0.1386 per share, up 8%.
31 May 2026
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AMD Shares Near Record After 10% Jump, Eyes on Next AI Test

AMD Shares Near Record After 10% Jump, Eyes on Next AI Test

AMD closed at $516.10 Friday, up from $467.51 a week earlier, near its May highs as the Nasdaq and S&P 500 set new records. The stock gained about 10% last week amid strong demand for AI chips, though faces competition from Nvidia and new economic data this week. AMD guided Q2 revenue to $11.2 billion, above Wall Street estimates. China accounts for roughly 20% of AMD’s revenue.
31 May 2026
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Oklo Stock Higher After Plutonium-Fuel Update

Oklo Stock Higher After Plutonium-Fuel Update

Oklo shares closed at $66.88 Friday, down 1.78%, after a week of gains sparked by news the U.S. Department of Energy selected the company for advanced talks on using surplus plutonium as reactor fuel. Trading volume reached 27.67 million shares. Oklo reported a first-quarter net loss of $33.1 million and ended March with $2.54 billion in cash and equivalents.
31 May 2026
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Axon Stock’s 16% Week Puts Its AI Drone Bet Back On Wall Street’s Radar

Axon Stock’s 16% Week Puts Its AI Drone Bet Back On Wall Street’s Radar

Axon Enterprise shares closed at $448.72 Friday, up 16.5% for the week after a sharp two-day rally. First-quarter revenue jumped 34% to $807 million, with AI product revenue up over 700% and counter-drone revenue up more than 300%. Axon raised its full-year revenue growth forecast to 30–32%. Wall Street remains divided, with analyst targets ranging from $440 to $662.
30 May 2026
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Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

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30 May 2026
Credo Technology Group shares rose 6.15% to $236.03 on Friday, up 8.1% for the week, ahead of its earnings report due after markets close Monday. The company completed its acquisition of DustPhotonics on Thursday, expanding its optical networking portfolio. Analysts expect quarterly earnings of $1.03 per share on $430.08 million revenue. U.S. markets are closed for the weekend.
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IonQ Jumps as Quantum Stocks Draw Fresh Attention

IonQ Jumps as Quantum Stocks Draw Fresh Attention

IonQ shares closed at $72.07 Friday, up 2.75% for the day and 13% for the week, with trading volume near 28.5 million. The stock now trades above several analyst targets despite no new company news. IBM announced a $10 billion quantum computing investment after securing major U.S. government backing. IonQ’s first-quarter revenue surged 755% to $64.7 million, beating analyst estimates.
30 May 2026
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Accenture Shares Pop; AI Spending Still in Focus

Accenture Shares Pop; AI Spending Still in Focus

Accenture shares surged 4.86% Friday to $187.07 on heavy volume, capping a 4.37% weekly gain after a recent slump. The stock remains down 29.27% for 2026 and sits 41.86% below its 52-week high. Accenture and Mitsubishi Chemical launched a Tokyo joint venture focused on AI, with 255 staff and Mitsubishi holding 81%. CEO Julie Sweet reported $18 billion in revenue and $22.1 billion in bookings for the latest period.
30 May 2026
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Atlassian Jumps 26% in a Week as Shares Surge

Atlassian Jumps 26% in a Week as Shares Surge

Atlassian shares surged 15.35% Friday to $107.61, closing the week up about 26% after strong quarterly results and rising cloud revenue. After-hours trading lifted the stock to $108.50. U.S. software stocks rebounded as Snowflake and Dell posted gains, easing AI-related concerns. The Nasdaq closed up 2.39% for the week.
30 May 2026
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Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight

Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight

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30 May 2026
Virgin Galactic shares surged 36.42% to $6.18 on record volume after announcing VSS Unity glide flights in New Mexico. The company raised $11 million this quarter through an at-the-market share sale and reported $251 million in cash at March 31. A federal court gave initial approval to settle shareholder lawsuits for $2.75 million. Virgin Galactic plans new spaceship tests in Q3 and a research flight in 2027.
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Atlassian Shares Surge as Investors Shift From AI Software Fears

Atlassian Shares Surge as Investors Shift From AI Software Fears

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29 May 2026
Atlassian shares jumped 15.6% to $107.85 Friday afternoon, with nearly 9.6 million shares traded, double the average volume. The rally followed strong AI-driven results from peers like Snowflake, which surged 37% Thursday. Investors returned to software stocks despite lingering concerns over AI disruption and restructuring costs. The iShares Expanded Tech-Software Sector ETF rose 5.6%.
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Latest

Google Stock Dropped as Wall Street Set Records, What’s Next?

Google Stock Dropped as Wall Street Set Records, What’s Next?

NEW YORK, May 31, 2026, 08:24 EDT Alphabet Class A slipped through the short trading week while broad U.S. indexes hit new highs. Now investors are watching to see if Google’s bets on cloud and AI are enough to balance out legal and interest rate worries once the market opens again. The stock finished Friday at $380.34, off 2.51% for the day and tracking roughly 0.7% under its May 22 close. U.S. markets were closed Monday for Memorial Day. NYSE trading hours are 9:30 a.m. to 4 p.m. ET. (Investing.com) The move stood out on a strong day for markets.
31 May
Grab Shares Little Changed; Indonesia Remains in Focus

Grab Shares Little Changed; Indonesia Remains in Focus

Grab Holdings (GRAB) closed at $3.54 Friday, up less than 1% for the week as the Nasdaq hit new highs. Grab will take majority control of Indonesia’s Superbank after Singtel shifts its stake, with Superbank’s results consolidated from May. Q1 revenue rose 24% to $955 million, adjusted EBITDA jumped 46% to $154 million, and guidance remains unchanged. Indonesia plans to cut ride-hailing commission caps to 8%, threatening mobility margins. Chief Organization Capability Officer Ong Chin Yin sold 48,000 shares under a preset plan, retaining 3.78 million. Most analysts rate Grab a buy.
31 May
Micron Technology Stock Surges as AI Memory Shortage Puts MU at Center of Chip Rally

Micron Hits $1 Trillion Valuation Ahead of Volatile Week

Micron closed at $971 Friday, up 29.3% since May 22, and topped a $1.11 trillion market cap as AI memory demand and a UBS price target hike fueled a record week. UBS raised its target to $1,625, citing new long-term supply deals and rising AI demand. Options markets signal traders expect a 10% swing next week. Samsung began shipping faster 12-layer HBM4E samples, aiming to challenge Micron and SK Hynix in AI memory. Micron reports earnings June 24. S&P 500, Nasdaq, and Dow also closed at record highs, led by tech.
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31 May
Archer Aviation Stock Just Rallied in a Short Week. Monday Is the Real Test

Archer Aviation Stock Just Rallied in a Short Week. Monday Is the Real Test

Archer Aviation shares closed Friday at $6.81, up 7.1% for the holiday-shortened week, with 56.89 million shares traded. The company became the first eVTOL firm to close Phase 3 of FAA type certification. Q1 net loss widened to $217.7 million; R&D expense jumped 65.6%. Archer expects U.S. operations to start this year under the eVTOL Integration Pilot Program. Canaccord cut its target to $12 but kept a Buy rating.
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31 May
Meta stock slips as $10 billion Indiana AI data center plan collides with Ackman’s new stake

Meta Stock Waits for AI Weekend Signal

Meta shares closed at $632.51 Friday, down 0.44% for the day but up 3.6% for the week, outpacing the Nasdaq and S&P 500. Reports say Meta will test an AI-powered pendant next year as part of a broader wearables strategy, while Reality Labs posted a $4.03 billion loss last quarter. The board approved a quarterly dividend of 52.5 cents per share, payable June 25. Meta raised its 2026 capital expenditure forecast to $125-$145 billion. CEO Mark Zuckerberg said a cloud-computing unit is possible if AI expansion leaves extra datacenter capacity.
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31 May
Rigetti’s Quantum Rally Heads Into Monday With U.S. Funding in Focus

Rigetti’s Quantum Rally Heads Into Monday With U.S. Funding in Focus

Rigetti shares fell 5.5% Friday to $25.54, ending the week down 3.3% despite a Thursday rally. The company disclosed a letter of intent for up to $100 million in U.S. Commerce Department funding, but final terms are pending and could dilute current shareholders. New SEC filings showed planned insider sales. First-quarter revenue was $4.4 million, with an operating loss of $26 million.
31 May
Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple shares closed Friday at $312.06, near record highs, after hitting $315 during the session. The stock rose about 1% for the holiday-shortened week. Investors await Apple’s Worldwide Developers Conference starting June 8, where new AI features are expected. Analyst Wamsi Mohan raised his price target to $380, citing the need for Siri to become more capable with agentic AI.
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31 May
Redwire Shares Jump 40% in Four Days — Eyes on Monday

Redwire Shares Jump 40% in Four Days — Eyes on Monday

Redwire shares fell 5.14% Friday to $24.57, still up sharply from $17.49 on May 22 after a volatile week with only four trading sessions. The company announced a $15 million Army contract for Stalker UAS and a high-eight-figure NATO deal for Penguin Mk3. First-quarter revenue rose 57.9% to $97 million, but Redwire posted a $76.5 million net loss. Space stocks broadly declined after a Blue Origin rocket explosion.
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31 May
Rivian gets attention after June 9 R2 launch date puts RIVN in focus

Rivian gets attention after June 9 R2 launch date puts RIVN in focus

Rivian shares jumped 7.2% Friday and 14.6% for the week after the company said R2 SUV deliveries begin June 9. Shares closed at $16.30 on May 29 with volume near 59.3 million. Rivian posted a $416 million net loss last quarter despite $1.381 billion in revenue and 10,365 vehicles delivered. The company targets up to 67,000 deliveries in 2026 and continues to burn cash.
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31 May
ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move

ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move

ServiceNow shares closed at $124.37 Friday, up 14.38%, capping a 40.8% gain for May—its best month since its 2012 IPO, MarketWatch reported. The stock surged 21.8% over the holiday-shortened week. Investors returned to enterprise software names amid renewed optimism for AI-linked platforms. Wipro shares also jumped after announcing an expanded AI partnership with ServiceNow.
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31 May
Palantir Stock Rallies the Most in a Year as Another Test Nears

Palantir Stock Rallies the Most in a Year as Another Test Nears

Palantir Technologies surged 9.2% Friday to $156.54, its best session in over a year, lifting its market cap near $402 billion. The stock jumped almost 18% over two sessions, fueled by optimism around AI spending and a new on-premises deal with Dell. First-quarter revenue rose 85% to $1.63 billion. Investors now await U.S. jobs data and Broadcom earnings for signals on rates and tech demand.
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31 May
Super Micro jumps 30% in one week—what could shift the stock now

Super Micro jumps 30% in one week—what could shift the stock now

Super Micro Computer shares jumped 11.6% Friday to $46.09, gaining 29.5% since May 22 as AI server stocks rallied after Dell reported a 757% surge in AI-optimized server revenue. Dell soared 32.8%, while Hewlett Packard Enterprise rose 12.6%. Super Micro’s Q3 net sales fell to $10.2 billion from $12.7 billion last quarter but beat last year’s $4.6 billion. Investors await HPE results Monday and U.S. payrolls Friday.
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31 May
Ford Faces Key AI-Energy Test This Week

Ford Faces Key AI-Energy Test This Week

Ford shares jumped 4.74% to $17.44 Friday, reaching a 52-week high of $17.78, as investors focused on the company’s Ford Energy battery-storage arm. The rally outpaced General Motors and Tesla, which both fell. Ford and EDF North America recently agreed to a five-year battery supply deal for up to 20 GWh. CFO Sherry House is set to speak at the UBS auto conference June 3.
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31 May
Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Inc. shares closed at $13.22 Friday, up 46% for the week after the company reported over $30 million in May orders and more than $110 million in second-quarter-to-date orders. Trading volume surged, with 248 million shares changing hands Thursday. Ondas lifted its 2026 revenue target to at least $390 million after posting Q1 revenue of $50.1 million. Investors responded to rising demand for defense and autonomous systems.
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31 May
HPE stock hits record ahead of earnings as AI server trade faces new test

HPE stock hits record ahead of earnings as AI server trade faces new test

Hewlett Packard Enterprise shares closed at a record $43.04 Friday, up 12.64% after Dell’s earnings fueled gains in AI server stocks. HPE hit an intraday high of $44.58 on heavy volume. The company reports fiscal Q2 results after the close Monday, with investors focused on AI server orders and networking performance following the Juniper acquisition.
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31 May
POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Shares: Looking to Monday After Recent Swings

POET Technologies shares fell 7.3% Friday to $12.29, down nearly 16% for the week, while the Nasdaq rose 2.4%. The company raised $400 million in a direct offering but faces lawsuits and uncertainty after losing Celestial AI orders. Q1 revenue was $503,389 with a $12.3 million net loss. CEO Suresh Venkatesan said production capacity is expanding tenfold.
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31 May
Micron Hits $1 Trillion, Week Ahead Could Decide Its Fate

Micron Hits $1 Trillion, Week Ahead Could Decide Its Fate

Micron Technology’s market cap topped $1 trillion this week as shares closed at $971 Friday, up 5.14%. Analysts at UBS, Susquehanna, and DA Davidson sharply raised price targets, citing tight high-bandwidth memory supply and rising AI demand. Micron posted Q2 revenue of $23.86 billion in March and guided for $33.5 billion in Q3. Samsung began shipping its new HBM4E chip to customers Friday, intensifying competition.
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31 May
Nvidia Braces for Another Market Test With AI PC Launch Nearing

Nvidia Braces for Another Market Test With AI PC Launch Nearing

Nvidia closed at $211.14 on Friday, down 1.45% for the day and 1.9% for the week, while major indexes rose. Nvidia and Microsoft will debut the first Windows PCs using Nvidia CPUs next week, Reuters reported. The company reported record quarterly revenue and raised its buyback plan by $80 billion. CEO Jensen Huang said Nvidia’s spending in Taiwan will reach $150 billion.
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31 May
Tesla Gets New FSD Boost But Monday Brings Bigger Test

Tesla Gets New FSD Boost But Monday Brings Bigger Test

Tesla shares rose 2.3% for the week as Estonia approved its Full Self-Driving system, classifying it as Level 2. The stock closed at $435.79 Wednesday, down 1.43% on the day but above last week’s close. Tesla registrations in Europe climbed 46.5% in April, while first-quarter deliveries missed Wall Street targets. U.S. investors will react to the Estonia news when markets open Monday.
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31 May
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