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Stock Market 29 May 2026

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.
29 May 2026
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AT&T Slides While Markets Hit New Highs, Eyes on $45 Billion Plan

AT&T Slides While Markets Hit New Highs, Eyes on $45 Billion Plan

AT&T closed Friday down 0.3% at $24.80, trailing gains in major U.S. indexes as tech stocks rallied. The company reaffirmed its plan to return over $45 billion to shareholders from 2026 to 2028 and expects second-quarter free cash flow of $4.0–$4.5 billion. AT&T launched a $15 Build-A-Plan wireless offer and announced $19 billion in fiber and wireless investment in California through 2030.
29 May 2026
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AMC Stock Rises as Summer Box Office Set to Test Theater Chain

AMC Stock Rises as Summer Box Office Set to Test Theater Chain

AMC Entertainment shares jumped 9.5% to $1.73 Friday, their biggest gain of the week, with trading volume nearly doubling from the previous session. The company drew over 5 million moviegoers worldwide during Memorial Day weekend, helped by Disney’s The Mandalorian and Grogu, which led the U.S. box office with $102 million. AMC reported a first-quarter net loss of $117.1 million and $3.96 billion in debt.
29 May 2026
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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.
29 May 2026
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Ambev’s Run Faces Doubts With Goldman, BTG Sending Mixed Messages

Ambev’s Run Faces Doubts With Goldman, BTG Sending Mixed Messages

Ambev shares closed at 16.35 reais in São Paulo Friday, up from 16.29, outperforming a falling Ibovespa. BTG Pactual upgraded Ambev to buy for the first time in 13 years, citing pricing power, while Goldman Sachs maintained a sell rating, warning of limited price hike potential and weaker beer demand. Ambev’s Q1 net revenue rose 8.1% with flat volumes. The company will pay interest on capital of 0.0755 real per share July 6.
29 May 2026
Bitmine Shares in Focus as $12.3B Ether Pile Faces Russell Index Review

Bitmine Shares in Focus as $12.3B Ether Pile Faces Russell Index Review

Bitmine Immersion Technologies shares rose 1% to $19.43 Friday as traders reacted to its large Ether holdings and inclusion on FTSE Russell’s draft list for U.S. index additions. The company reported $12.3 billion in crypto, cash, and investments, including 5.39 million ETH and 203 bitcoin. Chairman Thomas Lee said Bitmine is staking more ETH than any other entity, with annualized rewards at $276 million. Final Russell 3000 reconstitution is set for June 26.
29 May 2026
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DevvStream Shares Surge 150% on Merger News Update

DevvStream Shares Surge 150% on Merger News Update

DevvStream shares soared about 150% Friday after the company and its partners confirmed their three-way merger agreement remains active. The stock traded at $0.3117 near 3 p.m. in New York, with over 546 million shares changing hands. DevvStream said it will proceed with a Form S-4 SEC filing, though its Nasdaq listing risk remains unresolved.
29 May 2026
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Atlassian Shares Surge as Investors Shift From AI Software Fears

Atlassian Shares Surge as Investors Shift From AI Software Fears

Atlassian shares jumped 15.6% to $107.85 Friday afternoon, with nearly 9.6 million shares traded, double the average volume. The rally followed strong AI-driven results from peers like Snowflake, which surged 37% Thursday. Investors returned to software stocks despite lingering concerns over AI disruption and restructuring costs. The iShares Expanded Tech-Software Sector ETF rose 5.6%.
29 May 2026
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NuScale shares rise 5% as investors watch small-nuclear sector test

NuScale shares rise 5% as investors watch small-nuclear sector test

NuScale Power shares rose 5.3% to $12.83 Friday, with volume near 29.5 million and market cap close to $4.1 billion. The company’s annual meeting is set for 4:30 p.m. EDT, as investors await news on a possible power purchase agreement with TVA. NuScale ended Q1 with $1 billion in liquidity but reported a $776.9 million accumulated deficit and continued losses. Other advanced nuclear stocks saw smaller gains.
29 May 2026
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Broadcom shares set new high after $36B Anthropic AI chip deal backs AVGO rally

Broadcom shares set new high after $36B Anthropic AI chip deal backs AVGO rally

Broadcom shares hit a record $448.44 Friday before slipping to $434.48, with trading volume near 14.8 million and a market cap of $2.11 trillion. Investors watched ahead of Broadcom’s June 3 earnings, as demand for AI chips remains strong. Apollo and Blackstone are seeking $36 billion in debt financing for Anthropic’s Google TPU purchases, with Broadcom backing key payments. Analyst targets for Broadcom rose on optimism for its custom chip business.
29 May 2026
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Gap Shares Stall After Old Navy Trouble Hits Traders

Gap Shares Stall After Old Navy Trouble Hits Traders

Gap shares fell 17.6% to $20.60 Friday after the company cut its full-year sales outlook, citing weak demand at Old Navy, especially in women’s dresses. Gap now expects 1% to 2% sales growth, down from 2% to 3%. The retailer raised its adjusted earnings forecast, but investors focused on slowing sales. Net sales rose 1% to $3.5 billion last quarter, with gross margin down to 40.5%.
29 May 2026
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Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

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

Replimune Group shares soared 85% to $8.64 Friday after the company said it will resubmit its advanced melanoma drug RP1 to the FDA, which agreed to a priority review. The FDA had rejected the therapy in April, citing lack of a control group. Replimune plans to file again within days and will present new trial data at an oncology meeting May 30. Bristol Myers fell 0.6%, while Iovance dropped 6.5%.
29 May 2026
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Rivian shares rise as company announces R2 SUV launch date

Rivian shares rise as company announces R2 SUV launch date

Rivian shares rose 7.6% to $16.36 by midday Friday after the company set June 9 for its first R2 SUV customer event. Trading volume reached 24.3 million shares. Rivian expects to deliver up to 25,000 R2s by year-end and reported $1.381 billion in first-quarter revenue. U.S. regulators opened a preliminary probe into 114,922 R1S and R1T vehicles over a possible suspension defect.
29 May 2026
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Tesla Shares Edge Down Despite New FSD Approval

Tesla Shares Edge Down Despite New FSD Approval

Tesla shares fell 1.2% to $436.86 Friday afternoon, lagging the S&P 500’s 0.4% gain, despite European approval for its Full Self-Driving software. Estonia cleared FSD for use, but regulators classified it as Level 2, requiring driver supervision. Tesla’s European registrations rose 46.5% in April, but BYD’s jumped 114.5%. The company raised its 2026 capital spending plan to over $25 billion, warning of negative free cash flow.
29 May 2026
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Stock Market Today

  • CMC Markets Executives Buy Shares Under UK Incentive Plan
    June 10, 2026, 7:31 AM EDT. CMC Markets senior executives David John Fineberg and Jonathan Bendall each acquired 64 shares at 464.50p under the company's UK Share Incentive Plan on June 5, 2026. These routine transactions highlight the firm's use of equity-based compensation to align management interests with shareholders and maintain talent retention. CMC Markets, a UK online trading platform operator, currently holds a market capitalization of £1.3 billion. Analyst sentiment remains positive, with a Buy rating and a £500 price target, supported by strong financial performance and a robust balance sheet despite some cash-flow volatility. The stock shows a clear uptrend but faces near-term risks from overbought technical indicators.

Latest articles

Tesla Drops Pre-Market as SpaceX IPO Buzz Puts Pressure on Musk Plays

Tesla Drops Pre-Market as SpaceX IPO Buzz Puts Pressure on Musk Plays

10 June 2026
Tesla slid 3% to $396.68 Tuesday and dropped another 1.26% premarket as SpaceX’s record $75 billion IPO, with over $250 billion in demand, gives investors a new Musk-linked bet, raising fears capital will rotate out of Tesla and other high-growth tech stocks just as Tesla’s next phase relies on heavy AI and robotaxi spending.
Coupang (CPNG) Gains Ahead of South Korea Privacy Fine Ruling

Coupang (CPNG) Gains Ahead of South Korea Privacy Fine Ruling

10 June 2026
Coupang shares jumped 4.68% to $15.90 as investors await a South Korean privacy ruling that could fine the company up to 1.36 trillion won over a breach affecting 33 million records; the commission’s decision, expected as soon as Thursday, will determine the true financial impact and next move for the stock.
Apple Shares Slip After WWDC, Siri AI Plans Leave Upgrade Path Unclear

Apple Shares Slip After WWDC, Siri AI Plans Leave Upgrade Path Unclear

10 June 2026
Apple shares fell $11.01 to $290.55 after WWDC as investors reacted to Siri AI’s delayed, English-only beta launch, strict device limits, and lack of immediate iPhone demand boost, with Morgan Stanley warning over 1.3 billion iPhones can’t access advanced features and regional rollout hurdles in the EU and China raising doubts about a global upgrade cycle.
Hitek Global Rallies Before Hours as Traders Watch HKIT $8 Million Offer

Hitek Global Rallies Before Hours as Traders Watch HKIT $8 Million Offer

10 June 2026
HKIT plunged 13.25% to $0.273 Tuesday on volume six times its average, then rebounded to $0.428 premarket as traders digested a recent $8 million direct offering with warrants that could trigger major dilution; Hitek warned that new shares from these warrants could pressure the stock price and threaten Nasdaq listing if prices stay below $1.
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