Today: 30 May 2026

Leokadia Głogulska

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune Group shares soared 85% to $8.64 Friday after the company said it will resubmit its advanced melanoma drug RP1 to the FDA, which agreed to a priority review. The FDA had rejected the therapy in April, citing lack of a control group. Replimune plans to file again within days and will present new trial data at an oncology meeting May 30. Bristol Myers fell 0.6%, while Iovance dropped 6.5%.
3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Direxion Daily Semiconductor Bull 3X Shares (SOXL) traded just above $220 early Friday, down from a $224.63 close after a steep rally tied to AI chip demand. A $100,000 investment in SOXL a year ago would have grown to about $1.28 million by May 27, according to 24/7 Wall St. Nvidia posted record quarterly revenue of $81.6 billion, mostly from data centers. U.S. technology funds saw $2.75 billion in inflows last week.
ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance is developing custom AI chips and CPUs for its data centers and has reportedly agreed to buy millions of Qualcomm’s ASICs, Bloomberg reported. The company is working on Arm and RISC-V architectures and has contacted outside partners for chip design and manufacturing, according to Reuters. Qualcomm shares rose 2.1% after the news. ByteDance faces higher CPU prices from Intel and AMD and long lead times.
Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell stock catches Wall Street’s AI hardware attention

Dell shares jumped $87.50 to $404.55 Friday after the company raised its full-year outlook and reported quarterly revenue up 88% to $43.84 billion. AI-optimized server sales reached $16.1 billion, surpassing PC revenue. Dell booked $24.4 billion in AI orders and secured a $9.7 billion U.S. War Department contract. The company warned that rising memory costs and supply risks could pressure margins.
Dimon signals possible return of $20 billion JPMorgan deal

Dimon signals possible return of $20 billion JPMorgan deal

JPMorgan Chase CEO Jamie Dimon said the bank could spend $10 billion to $20 billion on an acquisition in the next few years and expects $40 billion to $50 billion in excess capital. JPMorgan reported $16.5 billion net income for Q1 and record markets revenue. Shares fell nearly 3% Wednesday after the bank raised its 2026 expense target to $106 billion. Dimon did not specify a sector or target for any deal.
29 May 2026
HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic shares rose 19.53% Thursday to $4.53, their highest close in weeks, with trading volume nearly four times the 50-day average. The company resumed VSS Unity glide flights in New Mexico and plans further tests ahead of commercial launches. A judge approved a $2.75 million shareholder suit settlement, with insurers paying. Virgin Galactic posted a Q1 net loss of $64.7 million on $227,000 revenue.
Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia shares fell 2.74% to 12.96 euros in Helsinki by late Friday morning, underperforming the OMX Helsinki 25 index. The drop followed two weak U.S. sessions for Nokia’s American depositary receipts, which slid over 7% across Wednesday and Thursday. Investors trimmed positions after a sharp AI-driven rally. Nokia recently raised its 2026 Network Infrastructure sales growth forecast to 12%-14%.
NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp shares jumped 13% to near $161 in after-hours trading Thursday after the company beat Wall Street estimates with $1.95 billion in quarterly revenue and $2.43 adjusted EPS. The company forecast fiscal 2027 revenue up to $7.575 billion, citing strong AI and cloud demand. All-flash array revenue hit a record $1.2 billion. NetApp warned of margin risks from rising memory and component costs.
Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla shares closed up 0.4% at $442.10 on Thursday, marking a sixth straight gain as European sales rebounded and tech optimism outweighed concerns over self-driving features. April registrations in Europe rose 46.5% to 10,654 vehicles, but BYD remained ahead with 27,008. Tesla’s Q1 production exceeded deliveries by about 50,000 units. Safety experts and ex-employees raised new doubts about Tesla’s Full Self-Driving system.
Smart Home Showdown 2025: Google Nest vs Alexa, HomeKit & the Rest – Which Ecosystem Rules?

The Post-Assistant Era: Google’s Gemini Comes Home – What It Means for Your Smart Home

Google will replace Google Assistant with Gemini on Nest smart speakers and displays, starting early access in October 2025. New Nest hardware, including 2K HDR cameras and a Gemini-powered smart speaker, is expected this fall. Google plans to launch a “Google Home Premium” subscription with advanced AI features. Support for 1st- and 2nd-gen Nest Learning Thermostats ends October 2025, limiting them to manual use.

Stock Market Today

  • RTX and Defense Contractors Q1 Earnings Strong Despite Mixed Guidance
    May 30, 2026, 4:12 AM EDT. Defense contractors showed resilience in Q1 2026 with revenues beating consensus by 3.4%. RTX (NYSE:RTX) posted $22.08 billion in revenue, up 8.7% year-on-year and surpassing estimates by 2.7%, highlighting strong organic sales and profit growth across segments. Despite a positive quarter, RTX provided the weakest full-year guidance in the group, causing its shares to fall 8.1% to $179.98. Mercury Systems (NASDAQ:MRCY) topped the group, reporting revenues up 11.5% and beating analyst forecasts by 14.2%, lifting its stock by 38.6% to $115.00. The sector benefits from high barriers and steady government contracts amid geopolitical tensions, but remains sensitive to defense budget shifts and policy changes.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 30.05.2026

30 May 2026
LIVEMarkets rolling coverageStarted: May 30, 2026, 4:00 AM EDTUpdated: May 30, 2026, 4:21 AM EDT RTX and Defense Contractors Q1 Earnings Strong Despite Mixed Guidance May 30, 2026, 4:12 AM EDT. Defense contractors showed resilience in Q1 2026 with revenues beating consensus by 3.4%. RTX (NYSE:RTX) posted $22.08 billion in revenue, up 8.7% year-on-year and surpassing estimates by 2.7%, highlighting strong organic sales and profit growth across segments. Despite a positive quarter, RTX provided the weakest full-year guidance in the group, causing its shares to fall 8.1% to $179.98. Mercury Systems (NASDAQ:MRCY) topped the group, reporting revenues up 11.5% and
US stocks notch new highs with AI trade still in focus

US stocks notch new highs with AI trade still in focus

30 May 2026
The S&P 500, Dow, and Nasdaq closed at record highs Friday, fueled by a 32.8% surge in Dell after strong AI server sales and outlook. Dell’s gains lifted server stocks, with HPE up 12.7% and Super Micro up 11.6% in after-hours trading. Oil prices fell about 1.7%, while Alphabet, Costco, and Walmart declined. The Fed’s preferred inflation gauge rose 3.8% year-over-year.
Plug Power Stock Falls Again — The Hydrogen Rally’s Hard Test Is Here

Plug Power Stock Falls Again — The Hydrogen Rally’s Hard Test Is Here

30 May 2026
Plug Power shares fell 4.1% to $3.95 on Friday, underperforming the Nasdaq and Dow after a midweek rally. The stock traded between $3.85 and $4.17 with 68 million shares changing hands. Investors weighed improved margins and a UK hydrogen project against ongoing cash needs. Plug remains unprofitable, with a market value near $5.49 billion.
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