Today: 4 June 2026
Browse Category

Artificial Intelligence 28 April 2026 - 29 April 2026

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Dow Drops as Fed Split and Oil Surge Put Big Tech’s $10 Trillion AI Test on the Line

Wall Street’s April rally paused Wednesday as the Fed held rates steady in a split decision and oil surged, with Brent crude up 7.34%. The Dow fell 0.56%, S&P 500 slipped 0.04%, and Nasdaq edged up 0.05%. The Fed’s vote was its most divided since 1992, with eight officials backing the hold and one calling for an immediate cut. Investors awaited earnings from Microsoft, Alphabet, Amazon, and Meta.
Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon reported first-quarter revenue of $181.5 billion, up 17%, with Amazon Web Services sales jumping 28% to $37.6 billion. Net income reached $30.3 billion, boosted by a $16.8 billion pre-tax gain from Anthropic investments. Free cash flow fell to $1.2 billion as AI-related spending surged. Amazon forecast second-quarter sales of $194 billion to $199 billion, above Wall Street expectations.
Why MaxLinear Stock Is Surging as AI Data-Center Demand Rewrites the Story

Why MaxLinear Stock Is Surging as AI Data-Center Demand Rewrites the Story

MaxLinear shares rose about 34% to $69.58 on Wednesday after Loop Capital upgraded the stock and raised its target to $75. The surge followed a first-quarter report showing infrastructure revenue up 136% to become the company’s largest segment. Total revenue climbed 43% to $137.2 million. MaxLinear guided second-quarter revenue to $160–$170 million, citing strong demand for data-center optical products.
FuelCell Energy Stock Jumps As AI Power Bet Gets Fresh Boost From Bloom Energy

FuelCell Energy Stock Jumps As AI Power Bet Gets Fresh Boost From Bloom Energy

FuelCell Energy shares climbed $2.75 to $12.69 Wednesday, trading on heavy volume after Bloom Energy raised its 2026 outlook and reported a 130% jump in first-quarter revenue to $751.1 million. Bloom shares surged over 23% after announcing its fuel cells would power Oracle’s planned New Mexico AI data center. FuelCell’s first-quarter revenue rose 61% to $30.5 million, but it posted a $23.7 million net loss.
Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel shares surged 10% Wednesday after reports that Google may use Intel’s EMIB chip-packaging technology in its next AI processor. The stock hit $94.03 before settling at $93.23. Intel recently reported first-quarter revenue of $13.6 billion, up 7% year over year. CFO David Zinsner said some gains came from selling previously shelved chips.
Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

Alphabet will report first-quarter results after U.S. markets close Wednesday, with an earnings call set for 4:30 p.m. EDT. Shares traded near record highs Tuesday, with GOOG at $351.86 and GOOGL at $354.05. Analysts expect revenue of about $107 billion, up 19%, but see earnings per share falling to $2.63 due to a prior-year investment gain. Investors are focused on Gemini AI and cloud growth amid a planned $175–185 billion capex for 2026.
Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

Vertiv Holdings Co acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to boost its AI and high-performance computing data center offerings. Vertiv shares rose 0.6% to $307.00, valuing the company at about $119.9 billion. Deal terms were not disclosed. The move follows a 30% jump in Vertiv’s first-quarter net sales and an increased 2026 earnings forecast.
Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost

Western Digital shares rose 9.3% to $427.45 Wednesday after Seagate’s quarterly forecast topped estimates and sent storage stocks higher. Seagate shares jumped 16.6%. Seagate projected fourth-quarter revenue of $3.45 billion and non-GAAP earnings of $5 a share. Western Digital will report fiscal third-quarter results after markets close Thursday.
Bloom Energy Stock in Focus After Record Q1 Earnings and Oracle AI Power Deal

Bloom Energy Stock in Focus After Record Q1 Earnings and Oracle AI Power Deal

Bloom Energy raised its 2026 revenue forecast to $3.4–$3.8 billion after first-quarter revenue surged 130% to $751.1 million, beating analyst estimates. Net profit reached $70.7 million, reversing a year-ago loss. Oracle and BorderPlex said their New Mexico data center project will use up to 2.45 GW of Bloom fuel-cell capacity. Shares last traded at $226.37, down $8.36 before the market opened.
These 5 Penny Tech Stocks Are Back in Focus as AI Jitters Hit Nasdaq

These 5 Penny Tech Stocks Are Back in Focus as AI Jitters Hit Nasdaq

Shares of five U.S.-listed AI penny stocks, including Fabric.AI, Kopin, Blaize, RedCloud, and U-BX Technology, traded below $5 as tech stocks wobbled ahead of major earnings. Fabric.AI announced a $21.5 million private placement and a shift to AI data center infrastructure. Kopin reported a $15 million development order from Fabric.AI. Blaize unveiled a partnership with Nokia and PT Datacomm for AI deployment in Southeast Asia.
AI Stocks With Growth Potential in Q2 2026: The 5 Names Wall Street Is Testing After the OpenAI Shock

AI Stocks With Growth Potential in Q2 2026: The 5 Names Wall Street Is Testing After the OpenAI Shock

AI-related stocks fell Tuesday after a report on OpenAI’s missed targets hit Oracle, CoreWeave, and chipmakers. Nvidia, AMD, and Broadcom dropped between 1.6% and 4.4%, while CoreWeave slid 5.8%. Alphabet, Microsoft, Meta, and Amazon are set to report earnings Wednesday, with about $600 billion in AI spending under scrutiny. Investors are watching for direct revenue tied to chips, cloud, and custom silicon.
Top 10 Growth Stocks to Watch in Q2 2026 as AI Spending Faces Its Hardest Test Yet

Top 10 Growth Stocks to Watch in Q2 2026 as AI Spending Faces Its Hardest Test Yet

Microsoft, Alphabet, Amazon, and Meta are set to report earnings Wednesday, with investors watching for signs that heavy AI spending is driving growth. Visa posted a 17% rise in net revenue to $11.2 billion and announced a $20 billion buyback. T-Mobile raised 2026 guidance after service revenue climbed 11%. U.S. stocks fell Tuesday, with the Nasdaq down 0.90% as tech shares slipped.
Bloom Energy Stock Jumps as AI Power Demand Drives Q1 Beat and 2026 Guidance Raise

Bloom Energy Stock Jumps as AI Power Demand Drives Q1 Beat and 2026 Guidance Raise

Bloom Energy reported first-quarter revenue of $751.1 million, up 130% from a year earlier, and posted a net profit of $70.7 million after a prior-year loss. The company raised its 2026 revenue forecast to as much as $3.8 billion, citing surging demand from AI data centers. Shares jumped over 13% after results beat Wall Street estimates. Oracle’s new Project Jupiter campus in New Mexico will use Bloom fuel cells for all power needs.
Seagate Stock Jumps As AI Storage Demand Sends Forecast Past Wall Street

Seagate Stock Jumps As AI Storage Demand Sends Forecast Past Wall Street

Seagate forecast fiscal Q4 revenue of $3.45 billion, beating Wall Street’s $3.16 billion estimate. Shares jumped about 10% in after-hours trading after closing down 2.8% at $579.03. Fiscal Q3 revenue reached $3.11 billion, with adjusted earnings of $4.10 per share, both above analyst expectations. The company cited strong demand for hard drives used in AI data centers.
TSM Stock Drops on AI Worries — Why This Week Is the Bigger Test

TSM Stock Drops on AI Worries — Why This Week Is the Bigger Test

TSM’s U.S.-listed depositary receipts fell 2.9% to $393.07 in afternoon trading Tuesday as chip stocks dropped on concerns over AI spending. The iShares Semiconductor ETF lost 3.1%, with ASML and Nvidia also trading lower. TSMC reported first-quarter revenue of $35.90 billion, up 40.6% from a year earlier. Big Tech earnings reports later this week are expected to impact sentiment.
Intel Stock Pulls Back From 26-Year High as AI Spending Worries Hit Chips

Intel Stock Pulls Back From 26-Year High as AI Spending Worries Hit Chips

Intel shares fell 1% to $84.12 Tuesday after earlier dropping to $80.39, pausing a rally fueled by AI-related demand for its CPUs. The stock move followed reports that OpenAI missed user and revenue targets, sending the Philadelphia SE Semiconductor Index down 3.2%. Intel reported first-quarter revenue up 7% to $13.6 billion and forecast second-quarter revenue as high as $14.8 billion.
Chip Stocks Drop as OpenAI Report Tests Nvidia, AMD and Broadcom AI Rally

Chip Stocks Drop as OpenAI Report Tests Nvidia, AMD and Broadcom AI Rally

Nvidia, AMD, and Broadcom shares fell Tuesday after a Wall Street Journal report said OpenAI missed internal user and revenue targets, raising concerns about future AI spending. Nvidia dropped 0.9%, AMD lost 2.5%, and Broadcom slid 4.1% by mid-afternoon. OpenAI disputed claims of internal disagreement over spending. The selloff came ahead of major tech earnings reports.
1 30 31 32 33 34 202

Stock Market Today

  • Before the Bell: Key Market Updates for Canadian Investors Amid Middle East Developments
    June 4, 2026, 7:49 AM EDT. Global markets showed mixed performances as investors weighed Middle East tensions and potential peace agreements affecting risk sentiment. Wall Street futures diverged, with the Dow up despite major North American markets closing lower. Canadian TSX futures dropped, while results from Lululemon Athletica and Saputo drew local focus. European and Asian equities mostly declined amid ongoing geopolitical concerns. Oil prices fell over hopes of a ceasefire between Israel and Lebanon, which may ease supply risks in the Strait of Hormuz. Meanwhile, gold prices rose on safe-haven demand. The Canadian dollar traded steady against the U.S. dollar, which softened slightly alongside a dip in the U.S. 10-year bond yield. Key economic data include U.S. jobless claims and productivity figures, set to influence near-term market direction.

Latest articles

Plug Power Stock Drops Pre-Market After New Financing

Plug Power Stock Drops Pre-Market After New Financing

4 June 2026
Plug Power shares slid 2.7% to $3.59 premarket after a 9.8% drop Wednesday, as investors digested a $39.2 million federal tax-credit sale aimed at boosting liquidity; analysts remain cautious, with consensus Hold and average target price below current levels, while ongoing cash burn and market volatility weigh on sentiment ahead of the June 11 annual meeting.
Trader Joe’s $2.99 Mini Tote Returns, Now Facing Lawsuit

Trader Joe’s $2.99 Mini Tote Returns, Now Facing Lawsuit

4 June 2026
Trader Joe’s will launch a new $2.99 Striped Mini Canvas Tote on June 17 after filing a federal trademark lawsuit and seeking a temporary restraining order against 4PX Express USA and Cainiao Supply Chain US Inc. to combat online knockoffs, as demand for the bags has surged among loyal, high-spending customers, according to court records and Numerator data.
Dollar General Sees Sales As Gas Prices Hit Shoppers

Dollar General Sees Sales As Gas Prices Hit Shoppers

4 June 2026
Dollar General raised its annual profit forecast after first-quarter earnings and margins beat estimates, driven by increased traffic from higher-income shoppers trading down amid $4+ gas prices; shares were indicated at $105.09 premarket, down $1.20, as analysts noted margin gains but flagged competition and an upcoming CEO change as potential risks.
Nuburu Shares Back in Play as BURU Traders Look at New Defense-Tech Angle

Nuburu Shares Back in Play as BURU Traders Look at New Defense-Tech Angle

4 June 2026
Nuburu shares jumped 8% premarket to $0.1841 after its Orbit unit reported $240,000 in telecom-infrastructure orders and $825,000 in potential pipeline, but the stock remains high-risk as NYSE American compliance and financing challenges persist, with key defense acquisitions and equity levels still pending regulatory and shareholder approval.
Veeva Raises Outlook After Beat, But Shares Dip as AI Looms

Veeva Raises Outlook After Beat, But Shares Dip as AI Looms

4 June 2026
Veeva shares fell 2.5% premarket to $178.72 after beating quarterly estimates and raising full-year guidance, as investors weighed strong results and a higher forecast against ongoing concerns about AI revenue impact, services growth, and customer migration amid tough competition from Salesforce and IQVIA.
Go toTop