Rivian Shares Pop as R2 Launch Nears
Rivian Automotive shares ended the week with a strong jump on Friday, closing at $16.30. Investors rotated back into the EV maker ahead of first customer deliveries for its cheaper R2 SUV.
Clorox slips as CEO departure announced
Clorox shares finished the short week down hard after Chair and CEO Linda Rendle said she’s leaving for health reasons. The news put succession risk in the mix for a stock already dealing with slow sales growth and a cut profit outlook.
BP Stock Just Got a Boardroom Shock. Monday Could Test the Turnaround
BP PLC’s shares head into the new week with a boardroom crisis still hanging over the stock, after a four-session slide tied to the removal of chairman Albert Manifold and a late Friday report of deeper internal clashes. The London Stock Exchange is closed on Saturday, putting the next market test at Monday’s open.
Plug Power Stock Falls Again — The Hydrogen Rally’s Hard Test Is Here
Plug Power Inc. shares fell on Friday, giving back part of a recent rally as traders cooled on one of the year’s more volatile clean-energy rebound bets. The stock dropped 4.13% to close at $3.95, its second straight decline, even as the Nasdaq Composite and Dow Jones Industrial Average finished higher.
Ford gets fresh boost as power-grid trade heats up
Ford Motor shares rose Friday, building on their strong May run as traders stuck with the automaker's latest move into energy storage. Some auto names were under pressure after new U.S.-Mexico trade talks.
Dow punches past 51,000 with Dell rally driving record May
Dow tops 51,000 with tech rally, oil drop helps cool inflation jitters Stocks finished at new highs Friday. The Dow closed above 51,000 for the first time, ending up 0.7% at 51,032.46. The S&P 500 added 0.2% to 7,580.06 and the Nasdaq rose 0.2% to 26,972.62. Gains in Dell Technologies after its results supported tech, and weaker oil prices took some pressure off inflation.
Atlassian Shares Surge as Investors Shift From AI Software Fears
Atlassian shares surged Friday, following a big rally in software stocks. Investors looked more ready to pick up names once seen as at risk from AI.
Adobe Stock Rises Again as Wall Street Revisits AI Trade
Adobe Inc. shares surged Friday afternoon as renewed buying sent the Photoshop maker sharply higher. The stock had been struggling with pressure from concerns about artificial intelligence rivals.
Ambarella Drops 20% After AI Beat, $800 Million Hanwha Contract
Ambarella fell roughly 20% Friday afternoon, with shares at $73.33 near 12:53 p.m. in New York. The move followed a small earnings beat and news of a major multi-year agreement with Hanwha of South Korea. Shares opened at $82.39 and traded as low as $71.76. The Invesco QQQ Trust was slightly up in the same period.
IREN Shares Slide, Bringing Dell AI Deal and $4.4 Billion Test Into Focus
IREN Limited shares dropped in midday action Friday, pulling back after an AI-fueled run. Traders are shifting focus from the big contract figures to whether the company can actually ramp up the capacity it has said it will.
SoundHound AI Stock Moves on $300 Million News
SoundHound AI shares climbed early Friday alongside gains in software and AI stocks. The Nasdaq-listed voice and agentic AI firm was recently at $8.93, up 4.3%. Shares hit a session high of $9.20. This move comes after the company launched a new share-sale program that could bring more stock to market.
SentinelOne Drops Premarket as AI Job Cuts Hit
SentinelOne shares slid nearly 20% before the bell Friday. The cybersecurity firm issued a second-quarter revenue outlook that missed estimates and plans to eliminate about 8% of jobs, saying it will focus spend on artificial intelligence, data, cloud and endpoint security. Shares closed up 0.4% at $18.02 Thursday and jumped 27% in May.
PRF Technologies Shares Surge in Early Trade on DeepSolar Speculation
PRF Technologies Ltd. stock jumped in U.S. premarket trade Friday after the Israeli microcap said it was moving forward with DeepSolar Predict, its AI platform for renewable-energy operators. Shares of PRFX were quoting at $4.59 on Webull at 07:57 EDT, a gain of 235.01% from the last closing price.
CME Will Run 24/7, Ending Bitcoin Weekend Gap Trade
CME Group will start round-the-clock, seven-day trading for its cryptocurrency futures and options on Friday. The shift ends a weekend gap that bitcoin traders have watched for years. CME’s crypto contracts will now trade more like the spot market, which runs without pause.
Dell shares climb on $60B AI server outlook after record quarter
Dell Technologies increased its full-year sales and profit outlooks Thursday, and bumped up its fiscal 2027 AI-server revenue target to about $60 billion. The move points to higher demand for AI hardware. Shares jumped roughly 22% in after-hours trade following the report, Reuters said.
Mistral AI’s Meteoric Rise: Inside the $14B Open-Source Gambit Challenging OpenAI
Founded in Paris in spring 2023, Mistral AI burst onto the scene with bold ambition: to challenge the likes of OpenAI and Google by doing things differently. Its three co-founders – Arthur Mensch, Timothée Lacroix and Guillaume Lample – left Big Tech research jobs to build foundation models on their own terms techcrunch.com techcrunch.com. The company’s very name hints at its mission to blow fresh air into AI development techcrunch.com. Mensch and team saw that “proprietary [AI] was becoming the norm” and believed there was an opportunity for an open-source approach techcrunch.com. As Mensch put it at the outset: “Open source is a core part of our DNA.” techcrunch.com
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