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Stock Market 29 May 2026

Gap Shares Stall After Old Navy Trouble Hits Traders

Gap Inc. shares dropped 17.6% to $20.60 Friday afternoon. That puts the retailer on pace for its sharpest fall in roughly a year. Traders sold as weak demand at Old Navy offset the company’s raised profit outlook.

29 May 2026

NYSE:GPS·Stock Market

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune Group shares rallied Friday afternoon. The company said it reached a deal with the U.S. Food and Drug Administration to resubmit RP1, its experimental advanced melanoma drug. Shares jumped $3.96, or roughly 85%, to $8.64 after hitting $9.05. The SPDR S&P Biotech ETF added about 0.8%.

29 May 2026

NASDAQ:RPLM·NYSE:BMY·Stock Market

Ambarella Drops 20% After AI Beat, $800 Million Hanwha Contract

Ambarella fell roughly 20% Friday afternoon, with shares at $73.33 near 12:53 p.m. in New York. The move followed a small earnings beat and news of a major multi-year agreement with Hanwha of South Korea. Shares opened at $82.39 and traded as low as $71.76. The Invesco QQQ Trust was slightly up in the same period.

29 May 2026

NASDAQ:AMBA·Stock Market·Technology

HUB Cyber Security Stock Jumps 345%, Putting Tiny Nasdaq Name Back in Focus

HUB Cyber Security Ltd. shares surged in heavy Nasdaq trading on Friday, a sharp move in a micro-cap stock that has drawn fresh ownership filings and remains under a separate Nasdaq compliance clock.

29 May 2026

Cybersecurity·Nasdaq·NASDAQ:HUB·Stock Market

Rivian shares rise as company announces R2 SUV launch date

Rivian Automotive shares climbed 7.6% to $16.36 by midday Friday, building on a two-day rally after the company picked June 9 for its first customer event for the R2 midsize SUV. The stock hovered close to session highs, with volume around 24.3 million shares.

29 May 2026

Electric Vehicles·NASDAQ:RIVN·Stock Market·Technology

Tesla Shares Edge Down Despite New FSD Approval

Tesla shares were down 1.2% at $436.86 Friday afternoon, underperforming the broader U.S. market despite new European approval for its driver-assistance software. The stock was last seen below its Thursday finish of $442.10. The SPDR S&P 500 ETF, tracking the S&P 500, added 0.4%.

29 May 2026

Electric Vehicles·NASDAQ:TSLA·Stock Market·Tesla

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

Vanguard Information Technology ETF has moved ahead of Vanguard’s wider growth funds since an April share split. The tech-heavy ETF, which gives investors a way to buy into AI hardware and software bets, is still drawing money as buyers stay interested in focused tech trades.

29 May 2026

Artificial Intelligence·ETFs·NASDAQ:AAPL·NASDAQ:MSFT·NASDAQ:NVDA·NYSE:DELL·Stock Market·Technology

Rocket Lab Surge Pauses as Space IPO Momentum Faces Wall

NEW YORK, May 29, 2026, 12:03 PM EDT

29 May 2026

NASDAQ:RKLB·Space Industry·Stock Market

CrowdStrike Moves Early in AI Trade Ahead of Earnings

CrowdStrike shares rose about 6.5% near midday Friday, pushing higher with the rest of the cybersecurity sector. Investors are betting AI can drive demand for security platforms, not only threaten software names. The stock changed hands around $714.55 after moving as high as $718.96.

29 May 2026

Artificial Intelligence·Earnings Reports·NASDAQ:CRWD·NYSE:SNOW·Stock Market

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

IREN Limited shares dropped in midday action Friday, pulling back after an AI-fueled run. Traders are shifting focus from the big contract figures to whether the company can actually ramp up the capacity it has said it will.

29 May 2026

Artificial Intelligence·NASDAQ:IREN·NASDAQ:NVDA·Stock Market·Technology

Costco Wholesale’s Tariff Refund Fight Just Got Harder as Shoppers Seek Payback

Costco Shares Fall; High Sales, Low Gas Prices Don’t Lift Stock

Costco Wholesale shares fell Friday, dropping 4.6% to $948.95 in late-morning trading. The retailer topped fiscal third-quarter sales forecasts but that wasn’t enough to hold up a stock that investors had bid up with high expectations. The decline came as the SPDR S&P 500 ETF Trust edged higher.

29 May 2026

NASDAQ:COST·Stock Market

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Direxion Daily Semiconductor Bull 3X Shares traded just above $220 early Friday, down from a $224.63 close, according to market data. That follows a big run over the past year. 24/7 Wall St. estimated a $100,000 investment made on May 28, 2025, would have been worth around $1.28 million by May 27.

29 May 2026

Artificial Intelligence·ETFs·NASDAQ:AMD·NASDAQ:AVGO·NASDAQ:MU·NASDAQ:NVDA·NYSE:DELL·Stock Market

Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell stock catches Wall Street’s AI hardware attention

Dell Technologies stock rallied Friday after the company lifted its full-year forecast and posted strong quarterly results. The former PC giant has become a clear play on AI server demand in the public market.

29 May 2026

NASDAQ:SMCI·NYSE:DELL·NYSE:HPE·Stock Market

Dow closes outperformed by S&P 500, Nasdaq after bell

Dow Jones Update: Record Run Faces Key Test Next Week

Dow Jones climbed late Friday morning, up 243.70 points, or 0.48%, to 50,912.67 as buyers backed big U.S. names linked to artificial intelligence and weighed signals that Middle East tensions could cool. The S&P 500 moved 0.27% higher and the Nasdaq was up 0.22%, LSEG data showed, as reported by Reuters, which noted that quotes were delayed at least 15 minutes.

29 May 2026

NASDAQ:SMCI·NYSE:DELL·NYSE:HPE·Stock Market

S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

Wall Street Pushes Higher as Dell’s AI Momentum Fuels Trade

Stocks in the U.S. moved higher Friday, tacking on gains to their record streak. Dell Technologies jumped sharply and bets on a possible U.S.-Iran deal had investors sticking with artificial intelligence names and other risk assets.

29 May 2026

NASDAQ:SMCI·NYSE:DELL·NYSE:HPE·Stock Market

SanDisk AI rally draws $3,250 target after 4,000% surge

SanDisk traded near all-time highs on Friday after Susquehanna hiked its price target to $3,250 from $2,000. The move is the latest in a string of bullish calls on the storage-chip name, now seen as a top AI play. Shares rose $15.16 to $1,656.80 by late-morning on Nasdaq after hitting $1,707.71 earlier.

29 May 2026

Artificial Intelligence·NASDAQ:SNDK·Stock Market·Technology

SoundHound AI Stock Moves on $300 Million News

SoundHound AI shares climbed early Friday alongside gains in software and AI stocks. The Nasdaq-listed voice and agentic AI firm was recently at $8.93, up 4.3%. Shares hit a session high of $9.20. This move comes after the company launched a new share-sale program that could bring more stock to market.

29 May 2026

Artificial Intelligence·NASDAQ:SOUN·Stock Market·Technology

Micron (MU) stock falls 6% as oil shock rattles tech, even after new 256GB server-memory samples

Micron rises with AI memory but faces new push from Samsung

Micron Technology rose 4.6% to $966.24 early Friday, keeping up recent momentum that’s taken the chipmaker to about $1.10 trillion in market cap. Investors continue to pick up shares of the Boise, Idaho-based name, which some see as a key play in artificial intelligence this market cycle.

29 May 2026

Artificial Intelligence·NASDAQ:MU·Semiconductors·Stock Market·Technology

HP Shares Jump on AI PC Demand, But Costs Are a Drag

New York, May 29, 2026, 10:04 AM EDT

29 May 2026

Artificial Intelligence·NYSE:HPQ·Stock Market·Technology

ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Jumps as AI Deal Forces a Fresh Look at Growth Fears

ServiceNow shares rose about 9% in Friday morning trading, as a new Wipro partnership and fresh analyst commentary pulled investors back to a familiar question: whether artificial intelligence will help the workflow-software company or eat into the business it built. The stock was recently at $118.99, after touching $120 intraday.

29 May 2026

Artificial Intelligence·NASDAQ:NOW·NYSE:WIT·Stock Market

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QXO Slides on Regulatory Probe, 55% Valuation Gap in Focus
July 9, 2026, 4:03 AM EDT. QXO shares fell hard after news of a regulatory probe, losing 11.4% in a week and down almost 31% in the last three months. Still, some analysts say the stock trades at a 55.4% discount, with fair value at $32.87 and last close at $14.66. QXO has grown fast as a building products distributor, picking up firms like Beacon Roofing Supply and Kodiak Building Partners and hitting over $1 billion EBITDA run-rate in 10 months. Market debate centers on its complicated capital structure and whether it can deliver on AI and M&A plans-risks bulls may overlook. Investors are told to weigh those risks and growth bets as volatility and scrutiny remain high.

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Stock Market 29 May 2026

Gap Shares Stall After Old Navy Trouble Hits Traders

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Ambarella Drops 20% After AI Beat, $800 Million Hanwha Contract

HUB Cyber Security Stock Jumps 345%, Putting Tiny Nasdaq Name Back in Focus

Rivian shares rise as company announces R2 SUV launch date

Tesla Shares Edge Down Despite New FSD Approval

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

Rocket Lab Surge Pauses as Space IPO Momentum Faces Wall

CrowdStrike Moves Early in AI Trade Ahead of Earnings

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

Costco Shares Fall; High Sales, Low Gas Prices Don’t Lift Stock

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Dell stock catches Wall Street’s AI hardware attention

Dow Jones Update: Record Run Faces Key Test Next Week

Wall Street Pushes Higher as Dell’s AI Momentum Fuels Trade

SanDisk AI rally draws $3,250 target after 4,000% surge

SoundHound AI Stock Moves on $300 Million News

Micron rises with AI memory but faces new push from Samsung

HP Shares Jump on AI PC Demand, But Costs Are a Drag

ServiceNow Stock Jumps as AI Deal Forces a Fresh Look at Growth Fears

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