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LSE:RPI 23 May 2026

Raspberry Pi shares spike 11%, focus on memory prices

Raspberry Pi shares spike 11%, focus on memory prices

Raspberry Pi Holdings shares surged 11.29% to 749p on Friday, closing near a record and lifting the company’s market value to about £1.45 billion. The stock ended the week up roughly 6.5% after a sharp rebound. No new regulatory filings were posted Friday. London markets are closed until Tuesday for the Spring Bank Holiday.
23 May 2026
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Stock Market Today

  • Western Digital's 1089% Surge Driven by AI Data Storage Demand
    June 18, 2026, 10:23 AM EDT. Western Digital (WDC) soared over 1,000% in a year, vastly outperforming the S&P 500 and peers like Seagate and Micron. The company's transformation from a commodity hardware maker to a premium AI infrastructure provider is central to this jump. Its April earnings showed 45% revenue growth and a rare 50.5% adjusted gross margin, reflecting strong demand for data storage driven by AI training and inference needs. Long-term contracts extending to 2029 signal locked-in customer demand amid cloud providers securing AI capacity. Despite investor enthusiasm, analysts remain cautious about cost cuts and margin sustainability as new storage technologies roll out gradually. WDC's run highlights the growing importance of data landlords in the AI economy and poses questions about the stock's pricing ahead of a full technology transition.

Latest articles

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

18 June 2026
Energy Fuels surged 10% to $16.84 after a conditional U.S. government loan commitment of up to $725 million for White Mesa Mill expansion and a planned U.S. rare earth facility, outpacing uranium and rare earth peers; the loan remains subject to due diligence, final agreements, and approvals, with risks including commodity prices, permitting, and execution flagged by the company.
Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

18 June 2026
Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
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