Today: 4 June 2026
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Artificial Intelligence 21 May 2026 - 22 May 2026

Spotify’s Peloton Deal Turns SPOT Stock’s Earnings Week Into a Fitness Test

Spotify Stock Is Jumping Again — Here’s the AI Bet Wall Street Just Bought

Arm Holdings shares rose above $300 Friday morning, extending a surge that pushed the stock up 38% in three sessions and past Micron in year-to-date gains. The rally follows strong earnings, a bullish Bernstein rating, and news that demand for Arm’s AGI CPU for data centers exceeded $2 billion for fiscal 2027–2028. Meta is the lead partner for the new chip.
Arm breaks above $300 as AI CPU bets heat up on Wall Street

Arm breaks above $300 as AI CPU bets heat up on Wall Street

Arm Holdings shares topped $300 Friday morning, extending a rally that has lifted the British chip designer’s stock 38% in three sessions. The surge follows strong earnings, bullish analyst coverage, and rising demand for Arm-based CPUs in AI data centers. Arm reported fiscal Q4 revenue of $1.49 billion and said customer demand for its new data-center chip exceeded $2 billion through fiscal 2028.
Wall Street Pushes Dell’s AI Run Again But Sends a Caution

Wall Street Pushes Dell’s AI Run Again But Sends a Caution

Dell Technologies shares surged over 10% Friday, hitting a 52-week high of $283.30 after Wells Fargo raised its price target to $270. Morgan Stanley also lifted its target but kept an Underweight rating, citing risks like memory inflation and supply shortages. Dell reports fiscal Q1 results May 28, with consensus estimates at $3.00 EPS and $34.95 billion revenue. The company reported $64 billion in AI-optimized server orders for fiscal 2026.
Nokia Shares Jump on Friday, Investors Focus on AI Network Play

Nokia Shares Jump on Friday, Investors Focus on AI Network Play

Nokia shares rose 8.2% to 13.09 euros in Helsinki late Friday, far outpacing the OMX Helsinki 25 index’s 0.9% gain. The rally followed Nokia’s launch of an AI networking lab in Sunnyvale, California, with partners including AMD and Lenovo. Investors have increased bets on Nokia’s AI and cloud business since April, after the company reported a 49% jump in sales to those customers.
Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

Meta Platforms CEO Mark Zuckerberg told staff he does not expect more company-wide layoffs this year after cutting about 8,000 jobs and shifting thousands to AI roles, affecting roughly 10% of the workforce. Meta raised its 2026 capital spending forecast to $125–$145 billion. Some employees questioned the reassurance, noting the wording left room for smaller cuts. U.S. laid-off workers will receive at least 16 weeks’ pay and extended healthcare.
Plug Power Shares Jump; Traders Eye AI Power Angle

Plug Power Shares Jump; Traders Eye AI Power Angle

Plug Power shares rose 14.2% to $3.78 on Thursday, lifted by sector momentum after Bloom Energy announced a major AI data-center power deal. Plug separately confirmed its Barrow Green Hydrogen project in Britain reached final investment decision and will supply Kimberly-Clark. Plug posted a first-quarter net loss of $245.3 million, wider than last year, and ended March with $802 million in cash.
OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Bill Ackman’s Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion stake in Microsoft, SEC filings show. The fund now holds 5.65 million Microsoft shares and raised its Amazon position by 19%. Alphabet and Amazon both reported strong cloud and AI growth last quarter. Daniel Loeb’s Third Point made opposite moves, cutting Microsoft and adding Alphabet.
Why AMD stock is down: hot U.S. wholesale inflation and Nvidia slump weigh on Advanced Micro Devices

AMD stock rises after $10 billion Taiwan AI move targets Nvidia

AMD shares rose 0.4% to $449.59 after the company announced plans to invest over $10 billion in Taiwan’s AI supply chain and begin production of its next EPYC server chip using TSMC’s 2-nanometer process. Amkor said it is working with AMD on advanced chip packaging in Arizona. TSMC’s U.S.-listed shares gained 1.4%, while Nvidia fell 1.8% and Intel slipped 0.4%.
Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Alphabet’s Class A shares fell 0.4% to $387.66 after Google announced new AI features at its I/O conference and faced a European complaint over scam ads. Google said its conversational AI Search has surpassed 1 billion monthly users and is rolling out new AI tools and subscription tiers. Google Cloud revenue jumped 63% to $20 billion last quarter. European groups filed complaints against Google, Meta, and TikTok over scam ads.
Workday Catches AI-Focused Investment Attention After Latest Update

Workday Catches AI-Focused Investment Attention After Latest Update

Workday shares jumped 7% in after-hours trading Thursday after the company beat Wall Street estimates with first-quarter revenue of $2.54 billion and adjusted profit of $2.66 per share. Subscription revenue rose 14.3% to $2.35 billion. CEO Aneel Bhusri, who returned in February, said over 4,000 customers now use at least one of Workday’s AI agents, more than double the previous quarter.
AI Stocks Rally, Deere Misses Out

AI Stocks Rally, Deere Misses Out

Arm shares surged 16.1% to $298.16, pushing its market value above $300 billion after reporting record revenue and strong data-center growth. Rigetti jumped 30.6% and IBM rose 12.5% following $2 billion in U.S. quantum computing incentives. Nvidia posted record quarterly revenue but slipped 1.8%. Bloom Energy gained 9% as Nebius announced major AI power infrastructure deals.
Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Group N.V. shares surged 15.6% to $221.72 after announcing a fuel cell power deal with Bloom Energy, securing up to 328 MW of on-site electricity capacity for its AI infrastructure. The agreement could cost Nebius up to $2.6 billion over 10 years. Bloom shares rose 12.2% on the news. Nebius's first-quarter revenue jumped to $399 million from $50.9 million a year earlier.
KEEL Surges as Investors Back Keel’s AI Data Center Plans

KEEL Surges as Investors Back Keel’s AI Data Center Plans

Keel Infrastructure shares jumped 7.1% to $4.53 Thursday, nearing a 52-week high, as investors bet on its pivot from crypto mining to AI-focused power infrastructure. Trading volume reached 22.31 million shares, below average. The company reported a wider net loss of $145.35 million for the March quarter on lower revenue and warned its transformation faces risks tied to permits, costs, and competition.
FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

FuelCell Energy shares soared 23.5% to $24.98 Thursday, extending a rebound as investors targeted fuel-cell firms amid rising AI data center power demand. The company named John Livingston to its board and set its next earnings call for June 8. Peer stocks Bloom Energy, Plug Power, and Nebius also rallied after Bloom and Nebius announced a 328 MW AI infrastructure fuel-cell deal.
Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital Jumps After $7.5B AI Lease

Applied Digital shares climbed 17% Thursday after the company signed a $7.5 billion, 15-year AI data-center lease for its Polaris Forge 3 campus. The deal lifts contracted lease revenue to $31 billion, or $73 billion with renewals. Shares reached $46.42, up $6.90, with volume at 18.7 million. Analysts raised price targets but noted risks around execution and customer concentration.
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Stock Market Today

  • S.P. Apparels Shows Steady EPS and Revenue Growth, Insider Ownership High
    June 3, 2026, 8:47 PM EDT. S.P. Apparels (NSE:SPAL) demonstrates solid financial health with a 7.5% annual growth in earnings per share (EPS) over the past three years and a 13% increase in revenue to ₹16 billion. The company's stable earnings before interest and taxation (EBIT) margins support sustainable profit growth. Notably, insiders hold 62% of the company's shares, aligning management's interests with shareholders and suggesting commitment to long-term value creation. This combination of profitability, revenue expansion, and strong insider ownership positions S.P. Apparels as a notable prospect for investors seeking traditional, profit-driven investments in the textile sector.

Latest articles

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
Intel shares snap losing streak as Wall Street eyes CPU rebound

Intel shares snap losing streak as Wall Street eyes CPU rebound

4 June 2026
Intel soared 4.43% to $112.71, snapping a five-day losing streak, after unveiling new Xeon 6+ CPUs and rack-scale AI infrastructure at Computex, positioning CPUs as central to AI buildouts and sparking renewed investor interest despite ongoing risks from rivals and rising chip costs.
Five Below Drops After Strong Quarter as Traders React

Five Below Drops After Strong Quarter as Traders React

4 June 2026
Five Below stock plunged 12.6% after hours to $194.87 despite first-quarter sales and profit beating estimates and raised full-year guidance, as investors focused on management’s warnings about rising fuel costs, sticky inflation, and a tougher consumer backdrop that could threaten the chain’s strong sales momentum.
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