Today: 3 June 2026
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Artificial Intelligence 29 May 2026 - 30 May 2026

Ford Shares Jump 17% This Week on AI Bet, Test Ahead

Ford Shares Jump 17% This Week on AI Bet, Test Ahead

Ford shares rose 4.74% to $17.44 Friday, capping a 16.8% surge over four sessions, with volume hitting 154.23 million shares. The rally follows news of a Ford Energy deal to supply up to 20 GWh of battery storage to EDF over five years and analyst upgrades. Ford outperformed GM and Tesla, which both fell Friday. Wall Street is watching for more deals and signs Ford’s energy unit can deliver steady earnings.
Asia Shares Rally in Early June, AI Hype Lifts Market Despite Fresh Inflation Risks

Asia Shares Rally in Early June, AI Hype Lifts Market Despite Fresh Inflation Risks

Japan’s Nikkei 225 surged 2.53% to 66,329.50 on Friday, while India’s Sensex fell 1.44% and Shanghai slipped 0.73%. Foxconn jumped 9.9% after upbeat comments from its chairman. Taiwan raised its 2026 GDP growth outlook to 9.64%, citing AI and tech exports. South Korea’s KOSPI has climbed nearly 90% this year, prompting its pension fund to boost domestic stock targets.
US stocks notch new highs with AI trade still in focus

US stocks notch new highs with AI trade still in focus

The S&P 500, Dow, and Nasdaq closed at record highs Friday, fueled by a 32.8% surge in Dell after strong AI server sales and outlook. Dell’s gains lifted server stocks, with HPE up 12.7% and Super Micro up 11.6% in after-hours trading. Oil prices fell about 1.7%, while Alphabet, Costco, and Walmart declined. The Fed’s preferred inflation gauge rose 3.8% year-over-year.
Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir shares rose 9.2% to $156.54 Friday, marking their strongest two-day rally since April 2025. The move followed upbeat AI-driven results from Dell and Snowflake, with Palantir raising its 2026 revenue outlook to as much as $7.66 billion. First-quarter revenue jumped 85% to $1.63 billion, beating estimates. Palantir’s price-to-earnings ratio reached 176, far above most peers.
Palo Alto Networks Reaches All-Time High Ahead of Results as AI Security Rally Drives Wall Street

Palo Alto Networks Reaches All-Time High Ahead of Results as AI Security Rally Drives Wall Street

Palo Alto Networks shares surged 9.3% to a record $281.69 Friday, with trading volume doubling ahead of third-quarter earnings set for June 2. The company closed its Portkey acquisition and joined a new NATO cyber partnership this week. Several analysts raised their price targets, citing AI-linked growth and strong subscription revenue. Other cybersecurity stocks also rallied, including CrowdStrike and Fortinet.
Zeta Global up 13% as traders move on AI, options hunt

Zeta Global up 13% as traders move on AI, options hunt

Zeta Global shares surged 13.43% to $22.89 Friday, with trading volume at 15.35 million, far above average. Heavy call-option activity and a new loyalty-data study fueled interest in the AI marketing software firm. The company reported Q1 revenue up 50% year-over-year to $396 million and raised its 2026 revenue outlook. Broader AI and software stocks also rallied as Wall Street indexes hit record highs.
POET Technologies Tumbles Again as $400 Million AI Optics Push Hits Another Setback

POET Technologies Tumbles Again as $400 Million AI Optics Push Hits Another Setback

POET Technologies shares fell 7.3% Friday, closing at $12.29 on Nasdaq and slipping further after hours. The drop follows a $400 million direct offering earlier this month, with shares now down 41% from the $21 deal price. Q1 revenue was $503,389 against a $12.3 million net loss. Legal action continues after Marvell canceled Celestial AI-related orders, citing confidentiality issues.
Microsoft gets Pentagon boost in AI, Wall Street moves in

Microsoft gets Pentagon boost in AI, Wall Street moves in

Microsoft shares climbed over 5% Friday to $450.24, lifting its market value near $3.35 trillion. The stock rally followed news of a $9.7 billion U.S. defense contract and plans to unveil new in-house AI models at next week’s Build conference. Wall Street closed at record highs, with tech stocks leading gains. Microsoft declined to comment on its upcoming AI announcements.
Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Corp. shares fell 6.6% to around $352 on Friday, despite no new company news and a rising broader market. The stock had closed at $376.95 on Thursday and touched $343.51 during the session. Lumentum dropped 2.3%, while Ciena was little changed. Coherent reported Q3 revenue of $1.81 billion, up 21% from last year, and forecasted Q4 revenue of $1.91–$2.05 billion.
Dell’s AI Surge Sends Wall Street Up — U.S. Markets Today

Dell’s AI Surge Sends Wall Street Up — U.S. Markets Today

The Dow rose 358.82 points to 51,027.94, the S&P 500 gained 19.91 to 7,583.61, and the Nasdaq added 59.92 to 26,978.21, closing out a holiday-shortened week higher. Dell surged nearly 30% after reporting $16.1 billion in AI server revenue and raising its outlook. U.S. crude fell 1.73% to $87.36 a barrel on truce extension speculation. The core PCE price index rose 3.3% year-over-year in April.
Keel Infrastructure rises again as investors bet on AI growth

Keel Infrastructure rises again as investors bet on AI growth

Keel Infrastructure shares rose 2.1% to $5.69 Friday, extending a 32.6% five-day rally, with trading volume below average. The company, formerly Bitfarms, is repositioning as an AI data center provider but has not yet secured its first colocation lease. First-quarter revenue fell 23% to $37 million, with a $128 million operating loss. Keel’s market cap stands near $3.4 billion, below its 52-week high.
Vanguard VGT split points to the AI trade’s top play

Vanguard VGT split points to the AI trade’s top play

Vanguard’s Information Technology ETF (VGT) has nearly doubled the post-split returns of Vanguard’s larger growth funds since April 21. VGT’s top holdings—Nvidia, Apple, and Microsoft—make up over 40% of its portfolio. The ETF traded at $120.68 late Friday morning in New York, outpacing VUG at $89.51 and MGK at $91.16. Investors continue to buy into AI hardware and software plays.
CrowdStrike Moves Early in AI Trade Ahead of Earnings

CrowdStrike Moves Early in AI Trade Ahead of Earnings

CrowdStrike shares climbed 6.5% midday Friday to about $714.55, tracking gains across cybersecurity after Snowflake raised its revenue outlook and signed a $6 billion AWS deal. CrowdStrike is set to report fiscal Q1 2027 results after markets close June 3. The company’s stock is up 47.6% for the year. Analysts at Benchmark, Wedbush, and BTIG raised price targets this week.
IREN Shares Slide, Bringing Dell AI Deal and $4.4 Billion Test Into Focus

IREN Shares Slide, Bringing Dell AI Deal and $4.4 Billion Test Into Focus

IREN Limited shares fell 1.5% to $63.08 Friday, underperforming the Nasdaq-100. The company announced a $1.6 billion deal to buy Nvidia Blackwell systems from Dell, aiming to boost annualized revenue to $4.4 billion, though not all of that is under contract. IREN posted a Q3 net loss of $247.8 million as revenue dropped to $144.8 million. Goldman Sachs raised its price target to $50 but kept a Neutral rating.
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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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