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Stock Market 30 May 2026

SK hynix AI Memory Crunch: Big Tech Offers to Fund Fabs as Capacity Runs Out

SK hynix Hits $1 Trillion in a Wild Week, Traders Wonder What’s Next

SK hynix closed Friday at 2,333,000 won, near record highs, after hitting a $1 trillion market cap for the first time. The KOSPI ended up 3.55% at 8,476.15, but over 80% of listed stocks fell in the past month as money concentrated in chipmakers. Samsung began shipping 12-layer HBM4E samples to customers, intensifying competition in high-bandwidth memory. Korean markets will close June 3 for local elections.
Trump Media CEO Shake-Up Puts DJT Stock, Truth Social Spin-Off and $6 Billion Fusion Deal on the Line

Trump Media shares climb 17% this week ahead of next hurdle

Trump Media shares closed Friday at $9.31, up 4.6% for the day and 17.1% from the prior week. Trading volume reached 7.8 million shares, triple last Friday’s level. The company reported a $405.9 million net loss and $0.9 million in revenue for the first quarter. U.S. markets are closed for the weekend after a Memorial Day-shortened week.
30 May 2026
Medtronic Shares Slip for the Week With Eyes on Wednesday for Direction

Medtronic Shares Slip for the Week With Eyes on Wednesday for Direction

Medtronic shares fell 6.1% last week, closing Friday at $73.81 after four straight declines and trading more than twice the 50-day average volume. The company will report fiscal fourth-quarter and full-year results before the market opens June 3. Options markets are pricing in a 4.1% move on earnings. Medtronic recently agreed to buy SPR Therapeutics for about $650 million in cash.
30 May 2026
ASML Shares Set 52-Week Peak; China Remains Key Risk for Traders

ASML Shares Set 52-Week Peak; China Remains Key Risk for Traders

ASML shares closed at €1,384.80 in Amsterdam on Friday, down 0.45% for the day and about 1.7% lower for the week after hitting a 52-week high. Investors tracked AI chip demand and renewed concerns over China’s efforts to bypass Western export controls. Huawei announced a new chip design strategy, but analysts and Nvidia’s CEO questioned its immediate impact. ASML reported Q1 net sales of €8.8 billion and net income of €2.8 billion.
General Dynamics Stock Reacts to New Pentagon Move

General Dynamics Stock Reacts to New Pentagon Move

General Dynamics shares closed at $346.82 Friday, up 1.1% for the holiday-shortened week after its Mission Systems unit won a $106 million Pentagon contract. The deal could reach $294.9 million through 2031. First-quarter revenue rose 10.3% to $13.5 billion, and the company raised its 2026 profit outlook. Trading was muted compared to broader gains in the S&P 500 and Nasdaq.
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.
Wall Street’s ‘fear gauge’ sinks to four-month low as stocks make new highs

Wall Street’s ‘fear gauge’ sinks to four-month low as stocks make new highs

The VIX closed at 15.32 on Friday, its lowest in over four months, as U.S. stocks set new records and demand for short-term options protection fell. The S&P 500 notched a ninth straight weekly gain, with the Dow and Nasdaq also closing at all-time highs. Dell Technologies surged after reporting record revenue, while tech shares led mixed gains. The VIX has dropped for three straight sessions, despite ongoing market risks.
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.
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.
NAK shares rise ahead of Pebble Mine hearing

NAK shares rise ahead of Pebble Mine hearing

Northern Dynasty Minerals shares rose 7.31% to $2.35 in U.S. trading Friday, with about 8.78 million shares changing hands, and gained 13.5% over the holiday-shortened week. The company faces a key federal court hearing June 25 over the EPA’s Pebble mine veto and a shareholder vote June 24 in Vancouver. Northern’s main asset is its full interest in Alaska’s Pebble deposit. No major project news drove the rally.
P&G Gives Up Weekly Gain With Next Test on Wednesday

P&G Gives Up Weekly Gain With Next Test on Wednesday

Procter & Gamble shares fell 1.61% to $143.56 on Friday, ending the week down 0.6% after giving up Wednesday’s gains. Finance chief Andre Schulten will speak at a Deutsche Bank conference on June 3. The company maintained its 2026 outlook but warned tariffs and commodity costs would cut earnings by about $400 million after tax. P&G’s fiscal Q3 net sales rose 7% to $21.2 billion.
AMC stock jumps; theaters look to hold crowds

AMC stock jumps; theaters look to hold crowds

AMC Entertainment shares jumped 9.49% Friday to close at $1.73 after reporting over 5 million moviegoers during Memorial Day weekend, its best U.S. attendance stretch of 2026. Trading volume reached 42.3 million shares. Disney’s “The Mandalorian and Grogu” led the box office with an estimated $102 million in North America. AMC’s rally outpaced rivals Cinemark and IMAX, which also closed higher.
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.
Rivian Shares Pop as R2 Launch Nears

Rivian Shares Pop as R2 Launch Nears

Rivian shares closed Friday at $16.30, up 7.24%, capping a 14.6% gain for the week. U.S. safety officials opened a preliminary investigation into over 114,000 Rivian R1S and R1T vehicles for possible rear toe-link issues. Rivian will begin R2 order invitations, customer deliveries, and demo rides on June 9. Trading resumes Monday after the holiday-shortened week.
Ambarella Drops on $800 Million AI Deal News

Ambarella Drops on $800 Million AI Deal News

Ambarella shares fell 21% to $72.18 after quarterly results and outlook failed to ease investor concerns. The company reported Q1 revenue of $100.4 million and a GAAP net loss of $18.1 million, narrowing losses from a year ago. Ambarella announced a long-term Hanwha partnership valued at over $800 million. The broader market was steady as Ambarella slumped.
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Stock Market Today

  • JPMorgan Chase & Co Raises Stake in Senior PLC to 6.84%
    June 10, 2026, 6:11 AM EDT. JPMorgan Chase & Co has increased its voting rights in UK-based engineering firm Senior PLC to 6.84%, crossing the major holding notification threshold. As of June 5, 2026, the bank's direct shareholding stands at 1.84%, with an additional 5.00% held through financial instruments like cash-settled equity swaps, combining for a total voting power of 6.84%. This level reflects a significant step up from the previous 6.21% holding. Senior PLC is a global manufacturer of components and systems for aerospace, defence, and energy markets. The move signals JPMorgan's expanded influence in Senior PLC ahead of market developments. Notification was made pursuant to transparency regulations requiring disclosure once a shareholder surpasses a 3% threshold.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Faces $600 Billion AI Bet as Traders Watch for Volatility

10 June 2026
Oracle shares slid nearly 3% to $205.81 ahead of Wednesday’s earnings, as investors await proof that its $553 billion AI cloud backlog can convert to revenue quickly enough to justify heavy data-center spending, with options pricing signaling an 11% stock swing after results.
DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

10 June 2026
DraftKings shares soared 11.34% to $27.59 after revealing a 24% month-over-month jump in annualized consumer volume to $1.3 billion and a 34% rise in total volume traded to $3.1 billion in its Predictions product for May, based on preliminary, unaudited data, outpacing a falling Nasdaq and spotlighting investor focus on the product’s revenue potential and DraftKings’ strategic push.
Micron Stock’s $1 Trillion AI Test Is Here as Traders Look to June 24

Micron Stock’s $1 Trillion AI Test Is Here as Traders Look to June 24

10 June 2026
Micron shares fell 1.5% to $935.89 as the AI-chip rally cooled, despite bullish analyst calls and price targets up to $1,625; investors await the June 24 earnings report to see if tight memory chip supply and AI demand can sustain the stock’s trillion-dollar valuation amid broader market jitters and shifting sentiment.
Ondas Stock Comes Back Into the Spotlight After 13% Drop; Drone Trade Faces Fresh Challenge

Ondas Dips Premarket After 2.7 Million-Share Filing

10 June 2026
SoFi Technologies traded near $16.47 in early premarket, little changed as investors weighed its AI and digital asset product push against a risk-off market mood, with no fresh earnings news and inflation data looming that could impact rates, loan demand, and fintech valuations.
Ondas Dips Premarket After 2.7 Million-Share Filing

SoFi Stock Holds Ahead of Pre-Market Test as Wall Street Grows Defensive

10 June 2026
Rolls-Royce shares rebounded 1.5% in London after Tuesday’s 2.68% drop, as investors weighed fresh airline criticism over engine delays against the company’s reaffirmed 2026 profit and cash flow guidance; CEO Tufan Erginbilgic said Rolls had a “strong start to the year,” but risks remain if airline pressure leads to higher costs or slower cash conversion.
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