Today: 4 June 2026
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Artificial Intelligence 6 May 2026 - 7 May 2026

GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova shares dropped $70.96 to $1,048 Thursday afternoon after a recent rally, following news of a Texas power project with Blue Energy aimed at supporting AI data centers. The project will use GE Vernova’s BWRX-300 small modular nuclear reactors and gas turbines, with initial power delivery targeted for 2030. GE Vernova reported $18.3 billion in Q1 orders, up 71% organically.
7 May 2026
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Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software reported a 17% jump in first-quarter revenue to $508.2 million, but a $279 million impairment charge drove its net loss to $347 million. Shares fell 1.8% midday. Adjusted EBITDA rose to $138 million, and free cash flow climbed to $66 million. CEO Matt Bromberg said AI-driven ad system Vector saw revenue rise 80% year over year.
7 May 2026
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DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

Docusign appointed Redis CEO Rowan Trollope to its board, effective May 2, according to a regulatory filing Wednesday. Shares rose 4.1% to $48.43 after the announcement. Trollope, 53, fills a Class III director seat expiring in 2027. The move comes as Docusign expands into contract-management software beyond e-signatures.
7 May 2026
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Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies shares surged over 30% in U.S. trading Thursday after the company forecast a second-quarter rebound and declared a cash dividend. First-quarter revenue reached $199 million, down 2% from the prior quarter but at the top end of guidance. Himax expects Q2 revenue to rise 10–13%, with gross margin near 32%. Automotive chip sales and WiseEye AI for smart glasses drove investor focus.
7 May 2026
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Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Inc. shares fell 2.3% to $59.78 after the company posted $676 million in revenue and $9 million in net income for its fiscal second quarter, reversing a year-earlier loss. The warehouse robotics firm reported a $22.7 billion backlog and forecast third-quarter revenue of $700 million to $720 million. Systems in deployment rose to 70 from 46 a year ago.
7 May 2026
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CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike shares surged to $503.51 Thursday morning, up $35.44, after launching a new mobile partner app and naming key partner award winners at its Americas Partner Symposium. The stock rebounded from a Wednesday drop, following an upgrade from Mizuho and renewed investor focus on its AI-security strategy. Fourth-quarter revenue rose 23% to $1.31 billion, with annual recurring revenue at $5.25 billion as of Jan. 31.
7 May 2026
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BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry’s QNX unit will demonstrate its real-time operating system for AI-enabled robots, medical devices, and factory automation at the Robotics Summit in Boston on May 27-28. QNX reported a 20% revenue jump to $78.7 million last quarter, with a royalty backlog of $950 million. BlackBerry shares recently traded at $5.91, down 1.3% in early New York trading.
7 May 2026
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Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake shares rose about 10% Thursday to $153.21 amid a sector rally sparked by Datadog’s raised outlook. The stock remains down 35% for the year, with investors watching AI-driven demand ahead of Snowflake’s next earnings report. Datadog shares jumped 29% after reporting $1.01 billion in Q1 revenue. Snowflake last posted 30% product revenue growth and guided for 27% growth in the coming quarter.
7 May 2026
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Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
7 May 2026
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Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet shares jumped 12.3% premarket after first-quarter earnings and revenue beat estimates, with adjusted EPS at 82 cents on $1.85 billion revenue. Billings rose 31% to $2.09 billion, and product revenue climbed 41% to $645 million. The company raised its 2026 outlook, now guiding for up to $7.87 billion in annual revenue. CEO Ken Xie cited strong demand and AI-driven security threats.
7 May 2026
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Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Nvidia acquired $500 million in Corning warrant rights as part of a multiyear optical-connectivity agreement. Corning will build three U.S. plants, increase optical capacity tenfold, and add over 3,000 jobs. Corning shares jumped nearly 12% premarket, while Nvidia rose 5.7%. The deal ties Corning’s fiber business more closely to AI data-center expansion.
7 May 2026
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Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet shares jumped up to 24% after the company raised its full-year revenue outlook and posted first-quarter revenue of $1.85 billion, beating estimates. Billings climbed 31% to $2.09 billion, and free cash flow hit a record $1.01 billion. Fortinet also launched new firewalls aimed at AI-driven workloads, positioning itself against rivals like Palo Alto Networks and Cisco.
7 May 2026
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Entravision Communications (EVC) Stock Nearly Doubles as AI Ad-Tech Revenue Surges

Entravision Communications (EVC) Stock Nearly Doubles as AI Ad-Tech Revenue Surges

Entravision shares surged 94% to $7.69 after first-quarter revenue more than doubled to $196.97 million and net income reached $12.36 million, reversing a year-ago loss. The Advertising Technology & Services unit drove a 204% revenue jump to $154.55 million. Broadcast revenue rose 4% but posted a wider operating loss. Cash flow turned positive, with $21.8 million generated in the quarter.
7 May 2026
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Axon Stock: Q1 Revenue Jumps 34% as AI and Drone Demand Lift 2026 Outlook

Axon Stock: Q1 Revenue Jumps 34% as AI and Drone Demand Lift 2026 Outlook

Axon reported first-quarter revenue of $807 million, up 34% and above analyst estimates, driven by strong demand for police software, Tasers, body cameras, and AI products. The company raised its 2026 revenue growth forecast to 30%–32%. Software and services revenue climbed 35% to $355 million, while AI product revenue surged over 700%. Gross margin fell to 59.1% due to tariffs and Dedrone-related costs.
6 May 2026
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Coherent Stock Falls After AI-Fueled Q3 Beat: Why Wall Street Still Sold COHR

Coherent Stock Falls After AI-Fueled Q3 Beat: Why Wall Street Still Sold COHR

Coherent Corp. shares dropped about 6% in late trading Wednesday despite reporting fiscal Q3 revenue of $1.81 billion, up 20.5% year-over-year and above estimates. Datacenter & Communications revenue rose sharply to $1.36 billion, while Industrial revenue fell. Adjusted operating income missed expectations, and free cash flow was negative $536.9 million. The company forecast stronger-than-expected Q4 revenue and earnings.
6 May 2026
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Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell shares rose about 10% Wednesday, reaching $238.84, as demand for AI servers boosted the stock. The company will ask shareholders to approve moving its legal home from Delaware to Texas at its June 25 annual meeting. Michael Dell and Silver Lake hold enough voting power to influence the outcome. Dell’s market value stood at roughly $158.3 billion in afternoon trading.
6 May 2026
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CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW shares fell 19.5% intraday after first-quarter gross margin dropped to 21.0% from 21.6%, despite net sales rising 9.2% to $5.68 billion. Adjusted earnings of $2.28 per share missed analysts’ estimates by one cent. Investors focused on a shift toward lower-margin hardware sales. The stock traded at $110.11, down $26.69 from Tuesday’s close.
6 May 2026
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Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba’s U.S.-listed shares jumped 6.6% to $141.04 on Wednesday, driven by renewed investor interest in artificial intelligence infrastructure. The rally comes ahead of Alibaba’s March-quarter and fiscal-year earnings report due May 13. Investors are watching for signs that cloud and AI gains can offset weak e-commerce demand. Competitors like DeepSeek are also drawing attention in the AI sector.
6 May 2026
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QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
6 May 2026
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Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Holdings’ U.S. shares jumped 11% to $231.42 Wednesday before its fiscal Q4 results, lifted by optimism around AI infrastructure and AMD’s strong outlook. Wall Street expects Arm to post $1.47 billion in revenue and 59 cents EPS. UBS raised its price target to $245, citing server CPU market growth. Arm will report after the U.S. close and host a webcast at 22:00 BST.
6 May 2026
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Stock Market Today

  • Luckin Coffee (OTCPK:LKNC.Y) Shows 44% Undervaluation Despite Recent Price Slump
    June 4, 2026, 4:07 AM EDT. Luckin Coffee's share price stands at $32.59, reflecting a 3.4% drop over the past month and an 8.7% decline year-on-year, though it remains up 54% over three years. Recent investor focus centers on its store expansion and competition in the coffee sector. A Discounted Cash Flow (DCF) analysis by Simply Wall St estimates an intrinsic value of $58.55 per share, suggesting the stock is undervalued by 44.3%. The DCF model projects free cash flow rising from CN¥2.46 billion to CN¥5.51 billion by 2028. Despite recent volatility and short-term pullbacks, this valuation points to potential long-term gains, prompting reassessment among investors considering Luckin Coffee's growth prospects and market position.

Latest articles

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

US Stock Market Today: Live Updates 04.06.2026

4 June 2026
LIVEMarkets rolling coverageStarted: June 4, 2026, 4:00 AM EDTUpdated: June 4, 2026, 4:07 AM EDT Luckin Coffee (OTCPK:LKNC.Y) Shows 44% Undervaluation Despite Recent Price Slump June 4, 2026, 4:07 AM EDT. Luckin Coffee’s share price stands at $32.59, reflecting a 3.4% drop over the past month and an 8.7% decline year-on-year, though it remains up 54% over three years. Recent investor focus centers on its store expansion and competition in the coffee sector. A Discounted Cash Flow (DCF) analysis by Simply Wall St estimates an intrinsic value of $58.55 per share, suggesting the stock is undervalued by 44.3%. The DCF
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.
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