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Stock Market 28 May 2026

Bradesco Shares Edge Down After Brazil Taps Major Banks for BRB Plan

Bradesco Shares Edge Down After Brazil Taps Major Banks for BRB Plan

Bradesco’s preferred shares fell to R$17.95 Thursday as the bank prepared to join a syndicate backing a credit deal to support Banco de Brasília. The Ibovespa closed down 0.39%, pressured by financial stocks amid concerns over interest rates. Bradesco’s ADRs slipped to $3.52 in New York. The bank reported R$6.8 billion in recurring net income for Q1, with loans overdue more than 90 days at 4.2%.
28 May 2026
Nvidia faces pressure on Vera, China and stuck shares as AI boom nears $5T mark

Nvidia faces pressure on Vera, China and stuck shares as AI boom nears $5T mark

Nvidia shares rose 0.8% to $214.25 Thursday, valuing the company at $5.23 trillion, but the stock has gained just 14% this year, far behind the PHLX Semiconductor Index’s 79% surge. First-quarter revenue soared 85% to $81.6 billion, with data-center sales at $75.2 billion. Nvidia is promoting its new Vera CPU, targeting a $200 billion market. U.S.-China chip restrictions remain a risk.
28 May 2026
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Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta reported first-quarter revenue of $765 million, up 11% and above analyst estimates, with adjusted EPS of 91 cents. Shares rose 5.8% to $94.72, gaining further after hours. GAAP net income reached $74 million, and current remaining performance obligations grew 12% to $2.499 billion. New products accounted for 35% of bookings this quarter.
28 May 2026
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Microsoft Rallies on AI Model Chatter, Wall Street Watches Copilot Move

Microsoft Rallies on AI Model Chatter, Wall Street Watches Copilot Move

Microsoft shares jumped 3.4% to $426.52 Thursday after reports the company will unveil new in-house AI models, including one for GitHub Copilot, at its Build event next week. The stock outperformed major tech ETFs, trading over 32 million shares and reaching a $3.18 trillion market cap. Reuters said Microsoft declined to comment on the report. Investors remain focused on AI sales, Azure demand, and rising costs.
28 May 2026
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ServiceNow Pops After AI Skeptics Back Off

ServiceNow Pops After AI Skeptics Back Off

ServiceNow shares rose $7.31 to $109.43 in late New York trading Thursday, outperforming the S&P 500 and Nasdaq as investors moved into AI-focused enterprise software stocks. Snowflake surged over 33% after announcing a $6 billion AWS deal and raising its revenue outlook. ServiceNow reported 22% year-over-year growth in subscription and total revenue for Q1. Wall Street remains split on AI’s impact across the sector.
28 May 2026
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Synopsys Slides After Upping AI Outlook

Synopsys Slides After Upping AI Outlook

Synopsys shares fell 9.4% to $476.40 Thursday despite raising its fiscal 2026 outlook after beating Q2 sales estimates. Traders cited weaker chip-IP demand and costs from recent deals, while Design IP revenue dropped to $454.2 million from $482 million. Jesse Cohn of Elliott Investment Management will join the board June 1. Cadence shares slipped 0.3%; the VanEck Semiconductor ETF rose 0.9%.
28 May 2026
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Dow closes outperformed by S&P 500, Nasdaq after bell

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

The Dow slipped 38.37 points, or 0.08%, to 50,605.91 Thursday, while the S&P 500 rose 0.58% and the Nasdaq gained 0.89%. Stocks reacted to news of a possible U.S.-Iran ceasefire extension and fresh inflation data, with the Dow pressured by declines in high-priced industrials. U.S. core PCE inflation hit 3.3% in April, and GDP growth was revised down to 1.6%.
28 May 2026
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Stocks hold record highs as Wall Street absorbs inflation scare

Stocks hold record highs as Wall Street absorbs inflation scare

The S&P 500 rose 0.58% to 7,563.81 and the Nasdaq gained 0.89% to 26,915.98 on Thursday, while the Dow slipped 0.08%. Tech and healthcare stocks led gains as reports of a possible U.S.-Iran ceasefire boosted sentiment. The PCE price index rose 3.8% in April and U.S. GDP growth was revised down to 1.6% for Q1. Snowflake and Microsoft shares advanced on AI news.
28 May 2026
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Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation shares rose 6.5% to $12.23 Thursday, valuing the company at about $11.5 billion, despite no new press release or operational update. Chief Policy Officer Gregory Bowles sold 8,088 shares last week under a pre-set plan, according to an SEC filing. Joby reported $24.2 million in Q1 revenue and a $110 million net loss. The company holds $2.5 billion in cash and targets passenger service launches later this year.
28 May 2026
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Aurora Innovation Shares Rise as Traders Return to Driverless Truck Trade

Aurora Innovation Shares Rise as Traders Return to Driverless Truck Trade

Aurora Innovation shares rose 5.8% to $7.21 Thursday after Morgan Stanley raised its price target to $14 and new commercial freight deals were announced with Volvo, DSV, and McLane. Aurora posted a $223 million net loss on $1 million revenue for Q1. The company is testing autonomous freight hauls in Texas with Volvo and McLane. Aurora’s market cap reached about $14 billion in afternoon trading.
28 May 2026
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ServiceTitan Shares Up Ahead of Earnings, Wall Street Looks to TTAN

ServiceTitan Shares Up Ahead of Earnings, Wall Street Looks to TTAN

ServiceTitan shares jumped 6% to $67.06 Thursday after new analyst calls from BMO Capital and Piper Sandler ahead of fiscal Q1 results on June 4. Piper Sandler maintained its Overweight rating and $100 target, citing expected 18.7% revenue growth. BMO kept its Outperform rating and $92 target, noting usage revenue trends. ServiceTitan forecasts Q1 revenue of $255–$257 million.
28 May 2026
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Marathon Digital stock dips as Bitcoin slide draws focus to AI push

Marathon Digital stock dips as Bitcoin slide draws focus to AI push

MARA Holdings shares fell 2.1% to $14.03 on Thursday, underperforming other bitcoin miners as bitcoin dropped 1.7%. The company reported a $1.26 billion net loss last quarter, with revenue down 18% from a year ago, mostly due to lower bitcoin-mining income. No new company statements were issued this week. Investors remain focused on MARA’s bitcoin exposure and its $1.5 billion Long Ridge Energy acquisition.
28 May 2026
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UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

UiPath Inc. shares climbed 5.7% to $11.80 Thursday ahead of fiscal Q1 results due after the close, with trading volume at 27.7 million shares and a market value near $6.36 billion. The company guided for Q1 revenue of $395–$400 million and ARR of $1.894–$1.899 billion. Analysts expect $397.43 million in revenue and $0.15 EPS. UiPath last reported Q4 revenue up 14% to $481 million and ARR up 11% to $1.853 billion.
28 May 2026
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Amprius Technologies Soars 26% After Jump

Amprius Technologies Soars 26% After Jump

Amprius Technologies shares surged 26.5% to $21.70 Thursday, with volume topping 13 million. The rally followed insider-sale filings and a recent short-seller report, but no new company announcements since May 19. CEO Thomas Stepien and other insiders disclosed stock sales tied to vesting awards. First-quarter revenue rose 153% to $28.5 million, and Amprius raised its 2026 revenue outlook.
28 May 2026
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Marvell up after $10B custom-chip goal gives AI story a boost

Marvell up after $10B custom-chip goal gives AI story a boost

Marvell Technology shares rose 2.4% to $203.50 Thursday after the company projected annual custom-chip revenue above $10 billion by fiscal 2029. First-quarter revenue jumped 28% to $2.418 billion, with data center sales making up 76% of the total. Marvell’s GAAP net income fell to $34.5 million. The company reported strong AI-related bookings and expects $1 billion in prepayments this year to secure supply.
28 May 2026
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D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave Quantum shares jumped 8.4% to $29.79 in New York Thursday after the company announced a proposed $100 million funding deal under the CHIPS Act. Trading volume reached 34.6 million shares. Quantum peers IonQ, Rigetti, and Quantum Computing Inc. also rose. D-Wave recently secured second-year funding for a superconducting qubits project and defended its quantum-supremacy results.
28 May 2026
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AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD shares rose 5.1% to $520.93 in midday trading Thursday, outpacing Nvidia and Intel as investors returned to chip stocks. The move follows AMD’s announcement of over $10 billion in investments across Taiwan’s chip sector and continued demand for its AI-focused CPUs and GPUs. The iShares Semiconductor ETF gained 1.9%. CEO Lisa Su said supply will increase each quarter through 2027.
28 May 2026
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Stock Market Today

  • Meesho Shares Slip Post ₹1,540 Crore Block Deal; Jefferies Maintains Buy Rating
    June 10, 2026, 11:37 AM EDT. Meesho shares edged down 0.41% to ₹166.06 after a ₹1,540 crore block deal involving 9.3 crore shares, about 2% of equity, was executed following the expiry of a six-month post-IPO lock-in period. This lock-in had restricted early investors from selling shares post-listing. Jefferies initiated coverage with a Buy rating and a ₹225 target, highlighting Meesho's growth potential in India's value commerce segment and projecting a 25% compound annual growth in net merchandise value (NMV) through FY30. Despite positive revenue growth and improving margins, Meesho's marketplace adjusted EBITDA remained negative at ₹198 crore in Q4. Investors are divided, as Macquarie rates the stock Underperform due to unit economics concerns.

Latest articles

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

10 June 2026
Dow drops 0.55% to 50,592 after May CPI jumps 4.2% year-on-year, matching forecasts but fueled by a 7% surge in gasoline prices and rising energy costs, as renewed U.S.-Iran tensions and sharp losses in AI and industrial stocks add to investor caution, with Super Micro Computer plunging 14.2% on $7 billion equity plans and XPO, J.B. Hunt, Old Dominion falling up to 6.2% after Amazon expands freight service.
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