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Artificial Intelligence 27 May 2026 - 28 May 2026

Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure fell after hours Wednesday, with shares down 2.8% at $85.74. The drop came as the company, previously Pure Storage, beat first-quarter estimates and raised guidance for the full year. The stock moved between $74.17 and $90.68 as investors questioned margins from the AI storage wave despite the solid top-line numbers.
Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce shares edged lower late Wednesday. The company put out a second-quarter revenue outlook that missed what Wall Street was looking for, adding to pressure on a stock that’s already been under fire this year over AI concerns in the software sector. The stock last traded down 0.8% at $177.51, after Reuters reported it fell by about 3% after hours.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause

The Dow Jones Industrial Average closed at a record high on Wednesday, rising 189.08 points, or 0.37%, to 50,650.76, as investors bought healthcare and consumer shares while the AI-led rally cooled. The S&P 500 edged up 0.02% and the Nasdaq Composite added 0.08%, leaving the broader market nearly flat after a run of record-setting gains.
Hoth Therapeutics Stock Explodes As Rocket One Ticker Change Puts Tiny Biotech Into Space-AI Trade

Hoth Therapeutics Stock Explodes As Rocket One Ticker Change Puts Tiny Biotech Into Space-AI Trade

Hoth Therapeutics Inc. shares surged on Wednesday after the clinical-stage biotech said it had completed its legal name change to Rocket One Inc. and would start trading under the ticker RKTO at the open on May 28. The stock was recently at $1.21, up roughly 71% from Tuesday’s close, after trading as high as $1.54 on volume of about 113 million shares.
Applied Digital Hits 1 GW in AI Contracts, Faces Next Test

Applied Digital Hits 1 GW in AI Contracts, Faces Next Test

Applied Digital shares were near $45 on Wednesday after the company signed a 15-year lease for its Polaris Forge 3 AI data center campus. The deal takes Applied past 1 gigawatt of contracted capacity and ramps up its focus on AI infrastructure with heavy power needs. The stock last traded at $45.25, up 0.24%. Intraday volume approached 10 million shares.
Qualcomm signs ByteDance AI chip supply deal

Qualcomm signs ByteDance AI chip supply deal

• Qualcomm has landed a deal to provide AI data-center chips to ByteDance, the parent of TikTok, according to media reports. That would give Qualcomm a major early customer for its custom AI silicon.• ByteDance is increasing its spending on AI infrastructure, and Qualcomm is looking to expand past smartphones, making the timing key for both sides.• Still, neither Qualcomm nor ByteDance has fully confirmed the deal. Any sales must stay within U.S. export controls.
AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

Roundhill’s Memory ETF crossed $10 billion in assets in under two months after launching, breaking the previous record for the quickest ETF to reach that mark. Investors have rushed into memory-chip stocks on the artificial-intelligence theme. DRAM is up 87% since its April 2 launch and has brought in $8.6 billion of inflows, the Financial Times said, citing Morningstar data.
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