Today: 3 June 2026
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Artificial Intelligence 30 May 2026 - 31 May 2026

AI puts Cisco’s $120 share price on watch this week

AI puts Cisco’s $120 share price on watch this week

Cisco closed Friday at $120.42, up 1.5% after touching $121.43, but ended the week nearly flat. Fiscal Q3 revenue hit $15.8 billion, up 12% year-over-year, with non-GAAP EPS at $1.06. Product orders jumped 35%, AI infrastructure orders reached $5.3 billion year-to-date, and full-year AI order guidance rose to $9 billion. Cisco forecasts Q4 revenue of $16.7–$16.9 billion and fiscal 2026 revenue up to $63 billion.
31 May 2026
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Meta stock slips as $10 billion Indiana AI data center plan collides with Ackman’s new stake

Meta Stock Waits for AI Weekend Signal

Meta shares closed at $632.51 Friday, down 0.44% for the day but up 3.6% for the week, outpacing the Nasdaq and S&P 500. Reports say Meta will test an AI-powered pendant next year as part of a broader wearables strategy, while Reality Labs posted a $4.03 billion loss last quarter. The board approved a quarterly dividend of 52.5 cents per share, payable June 25. Meta raised its 2026 capital expenditure forecast to $125-$145 billion. CEO Mark Zuckerberg said a cloud-computing unit is possible if AI expansion leaves extra datacenter capacity.
31 May 2026
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Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple Stock Briefly Nears Record as Siri Faces Key Test

Apple shares closed Friday at $312.06, near record highs, after hitting $315 during the session. The stock rose about 1% for the holiday-shortened week. Investors await Apple’s Worldwide Developers Conference starting June 8, where new AI features are expected. Analyst Wamsi Mohan raised his price target to $380, citing the need for Siri to become more capable with agentic AI.
31 May 2026
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ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move

ServiceNow Shares Reverse AI Drop, Wall Street Looks for Next Move

ServiceNow shares closed at $124.37 Friday, up 14.38%, capping a 40.8% gain for May—its best month since its 2012 IPO, MarketWatch reported. The stock surged 21.8% over the holiday-shortened week. Investors returned to enterprise software names amid renewed optimism for AI-linked platforms. Wipro shares also jumped after announcing an expanded AI partnership with ServiceNow.
31 May 2026
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Ford Faces Key AI-Energy Test This Week

Ford Faces Key AI-Energy Test This Week

Ford shares jumped 4.74% to $17.44 Friday, reaching a 52-week high of $17.78, as investors focused on the company’s Ford Energy battery-storage arm. The rally outpaced General Motors and Tesla, which both fell. Ford and EDF North America recently agreed to a five-year battery supply deal for up to 20 GWh. CFO Sherry House is set to speak at the UBS auto conference June 3.
31 May 2026
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HPE stock hits record ahead of earnings as AI server trade faces new test

HPE stock hits record ahead of earnings as AI server trade faces new test

Hewlett Packard Enterprise shares closed at a record $43.04 Friday, up 12.64% after Dell’s earnings fueled gains in AI server stocks. HPE hit an intraday high of $44.58 on heavy volume. The company reports fiscal Q2 results after the close Monday, with investors focused on AI server orders and networking performance following the Juniper acquisition.
31 May 2026
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Nvidia Braces for Another Market Test With AI PC Launch Nearing

Nvidia Braces for Another Market Test With AI PC Launch Nearing

Nvidia closed at $211.14 on Friday, down 1.45% for the day and 1.9% for the week, while major indexes rose. Nvidia and Microsoft will debut the first Windows PCs using Nvidia CPUs next week, Reuters reported. The company reported record quarterly revenue and raised its buyback plan by $80 billion. CEO Jensen Huang said Nvidia’s spending in Taiwan will reach $150 billion.
31 May 2026
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AMD Shares Near Record After 10% Jump, Eyes on Next AI Test

AMD Shares Near Record After 10% Jump, Eyes on Next AI Test

AMD closed at $516.10 Friday, up from $467.51 a week earlier, near its May highs as the Nasdaq and S&P 500 set new records. The stock gained about 10% last week amid strong demand for AI chips, though faces competition from Nvidia and new economic data this week. AMD guided Q2 revenue to $11.2 billion, above Wall Street estimates. China accounts for roughly 20% of AMD’s revenue.
31 May 2026
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Vistra Shares Close Out Turbulent Week as Market Watches AI-Driven Power Demand

Vistra Shares Close Out Turbulent Week as Market Watches AI-Driven Power Demand

Vistra Corp. closed Friday at $160.23, down 0.03% for the day but up 2.5% for the shortened holiday week. Senior vice president Margaret Montemayor sold 5,000 shares at $164.96 each on May 27, leaving her with 14,360 shares. First-quarter net income reached $1.03 billion, with 2026 EBITDA guidance unchanged. Investors remain focused on Vistra’s data center electricity supply.
30 May 2026
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Axon Stock’s 16% Week Puts Its AI Drone Bet Back On Wall Street’s Radar

Axon Stock’s 16% Week Puts Its AI Drone Bet Back On Wall Street’s Radar

Axon Enterprise shares closed at $448.72 Friday, up 16.5% for the week after a sharp two-day rally. First-quarter revenue jumped 34% to $807 million, with AI product revenue up over 700% and counter-drone revenue up more than 300%. Axon raised its full-year revenue growth forecast to 30–32%. Wall Street remains divided, with analyst targets ranging from $440 to $662.
30 May 2026
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NextEra Preps for Reopen on Dominion, Dividend, and AI Power News

NextEra Preps for Reopen on Dominion, Dividend, and AI Power News

NextEra Energy shares closed at $87.01 Friday, down 0.28%, capping a 1.74% weekly loss as its $66.8 billion acquisition of Dominion Energy remains pending. Dominion shareholders would receive 0.8138 NextEra shares per Dominion share, with NextEra holders owning about 74.5% of the combined utility. The deal faces shareholder and regulatory approvals. U.S. stock markets had a shortened week due to the Memorial Day holiday.
30 May 2026
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Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

Credo Technology Group shares rose 6.15% to $236.03 on Friday, up 8.1% for the week, ahead of its earnings report due after markets close Monday. The company completed its acquisition of DustPhotonics on Thursday, expanding its optical networking portfolio. Analysts expect quarterly earnings of $1.03 per share on $430.08 million revenue. U.S. markets are closed for the weekend.
30 May 2026
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Constellation Energy Stock Slipped for the Week — One AI Power Trigger Could Decide What Comes Next

Constellation Energy Stock Slipped for the Week — One AI Power Trigger Could Decide What Comes Next

Constellation Energy shares closed at $287.75 on May 29, up 0.5% for the day but down 2.1% from the prior week after a sharp midweek drop. The company reported first-quarter adjusted operating earnings of $2.74 per share and reaffirmed 2026 guidance of $11–$12. A regulatory decision on restarting the former Three Mile Island plant could come by July, tied to a Microsoft contract. Analyst consensus remains “Buy” with a $368.02 average target.
30 May 2026
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SLB Stock Drops From 52-Week High as Traders Eye AI Deal

SLB Stock Drops From 52-Week High as Traders Eye AI Deal

SLB shares closed at $54.55 Friday, down 1% and marking a third straight loss after hitting a 52-week high of $58.82 earlier in the week. The company agreed to acquire software firm Tachyus and expanded its digital partnership with Vår Energi. Oilfield-services stocks, including Halliburton and Baker Hughes, also declined. Investors remain focused on oil prices and Middle East risks.
30 May 2026
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Ciena drops 13% after earnings surprise as AI network demand meets mixed market reaction

Ciena drops 13% after earnings surprise as AI network demand meets mixed market reaction

Ciena shares closed Friday at $580.23, down 0.6% for the week ahead of its June 4 earnings release. Options imply a 13% swing on results, with analysts forecasting Q2 EPS of $1.45 on $1.5 billion revenue. The stock is up over 140% in 2024, driven by AI data center demand. Morgan Stanley kept its Equalweight rating, citing possible margin pressure despite strong sales.
30 May 2026
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Accenture Shares Pop; AI Spending Still in Focus

Accenture Shares Pop; AI Spending Still in Focus

Accenture shares surged 4.86% Friday to $187.07 on heavy volume, capping a 4.37% weekly gain after a recent slump. The stock remains down 29.27% for 2026 and sits 41.86% below its 52-week high. Accenture and Mitsubishi Chemical launched a Tokyo joint venture focused on AI, with 255 staff and Mitsubishi holding 81%. CEO Julie Sweet reported $18 billion in revenue and $22.1 billion in bookings for the latest period.
30 May 2026
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Stock Market Today

  • CrowdStrike Eyes AI-Driven Growth in Cybersecurity Amid High Valuation
    June 3, 2026, 4:53 PM EDT. CrowdStrike CEO George Kurtz highlights AI revolution as a massive growth driver, emphasizing cybersecurity needs across GPUs, AI agents, and prompts. Despite a 23% revenue growth in fiscal 2026 Q4, the company's growth rate has slowed from a 5-year CAGR of 40.6% to 29% over three years. CrowdStrike's market cap of $160 billion signals expectations for continued revenue and margin expansion. The firm targets $6.49 billion in annual recurring revenue by fiscal 2027, reflecting industry-wide AI adoption and growing cybersecurity demands. This positions CrowdStrike as a key player in the evolving AI security landscape, though its lofty valuation requires sustained growth to justify. Nvidia's forecast of $1 trillion AI chip sales through 2027 underscores expanding AI infrastructure, boosting cybersecurity sector prospects.

Latest articles

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

3 June 2026
POET Technologies shares soared 12% to $15.47 after heavy trading, rebounding from April’s collapse tied to a canceled Marvell-linked order, as investors weighed a new $50 million Lumilens deal, a $400 million capital raise, and ongoing class action litigation alleging misleading statements about tax status and confidentiality breaches.
Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

3 June 2026
Meta shares jumped 4.2% to $622.80 after unveiling an AI business agent for WhatsApp, Messenger, and Instagram, signaling potential new paid products as Meta ramps up AI spending to $125–$145 billion for 2026; investors await evidence these tools can generate real revenue before costs climb further.
Sandisk Hits Record High on AI Memory Demand

Sandisk Hits Record High on AI Memory Demand

3 June 2026
Sandisk soared 8% to a record $1,861.00 as investors piled into AI storage stocks despite a falling market, after Morgan Stanley warned surging memory prices are spreading beyond data centers and Sandisk reported Q3 revenue up 97% with data-center sales up 233%, forecasting up to $8.25 billion Q4 revenue and $33 per share earnings.
U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

3 June 2026
U.S. stocks fell from record highs as renewed U.S.-Iran fighting pushed oil prices up and revived inflation fears, with the Dow dropping 581.84 points and the S&P 500 losing 0.74%; traders now price in over a 40% chance of a Fed rate hike by December, up from 9.1% a month ago, as rising yields and Middle East risks threaten margins and delay Fed easing.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Drops 582 Points as Oil Trades Near $100

3 June 2026
The Dow plunged 581.84 points, or 1.13%, to 50,725.95 as renewed Middle East tensions sent oil prices surging and Treasury yields climbing, prompting a broad market selloff that hit IBM and Salesforce hardest, while AI chip stocks stayed resilient.
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