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Technology 30 May 2026 - 31 May 2026

Oklo Stock Higher After Plutonium-Fuel Update

Oklo Stock Higher After Plutonium-Fuel Update

Oklo shares closed at $66.88 Friday, down 1.78%, after a week of gains sparked by news the U.S. Department of Energy selected the company for advanced talks on using surplus plutonium as reactor fuel. Trading volume reached 27.67 million shares. Oklo reported a first-quarter net loss of $33.1 million and ended March with $2.54 billion in cash and equivalents.
Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

Credo Stock’s AI Rally Faces A Crucial Monday After Fresh 6% Gain

Credo Technology Group shares rose 6.15% to $236.03 on Friday, up 8.1% for the week, ahead of its earnings report due after markets close Monday. The company completed its acquisition of DustPhotonics on Thursday, expanding its optical networking portfolio. Analysts expect quarterly earnings of $1.03 per share on $430.08 million revenue. U.S. markets are closed for the weekend.
Vertiv shares trailed AI boom with new test ahead

Vertiv shares trailed AI boom with new test ahead

Vertiv Holdings closed Friday at $315.71, down 3.6% for the week despite a late-session rebound. The stock lagged broader AI gains as the S&P 500 rose 1.4% and the Nasdaq climbed 2.4%. Vertiv’s first-quarter net sales jumped 30% to $2.65 billion, with Americas organic sales up 44%. The company now forecasts 2026 net sales of $13.5–$14.0 billion and EPS of $6.30–$6.40.
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.
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.
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.
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.
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.
Super Micro Gains With Dell, But Another Hurdle Awaits

Super Micro Gains With Dell, But Another Hurdle Awaits

Super Micro Computer shares surged 11.6% to $46.09 Friday after Dell raised its AI-server revenue outlook and reported $16.1 billion in quarterly AI-server sales. Trading volume for Super Micro topped 93 million shares, with an intraday high of $48.28. Taiwanese prosecutors are investigating alleged illegal exports of Super Micro servers with Nvidia chips. Super Micro was not charged in a separate U.S. smuggling case.
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Stock Market Today

  • Macro Metals Insiders Buy AU$1.32 Million in Stock, Signaling Confidence
    May 30, 2026, 9:09 PM EDT. Insiders at Macro Metals Limited (ASX:M4M) have purchased AU$1.32 million worth of shares over the past year, indicating increased confidence in the company's prospects. Director Shawn Tilley led the purchases with AU$1.0 million of stock at AU$0.01 each, above the current trading price of AU$0.006. Notably, there were no insider sales during this period, and insiders collectively hold 34% of shares, worth approximately AU$9.2 million, showing substantial alignment with shareholders. While insider buying is encouraging, investors are advised to weigh potential risks before investing. Macro Metals' insider activity highlights bullish sentiment, reflecting optimism about the company's future.

Latest articles

Realty Income Stock Dips Ahead of Jobs Data; Dividend Investors Eye Rates

Realty Income Stock Dips Ahead of Jobs Data; Dividend Investors Eye Rates

31 May 2026
Realty Income closed Friday at $61.28, down from $62.02 the previous week, as property stocks lagged broader market gains. The company declared a $0.2705 monthly dividend, payable June 15 to shareholders of record May 29. CEO Sumit Roy will present at Nareit’s REITweek on June 3. Investors await the U.S. May jobs report on June 5.
Oklo Stock Higher After Plutonium-Fuel Update

Oklo Stock Higher After Plutonium-Fuel Update

31 May 2026
Oklo shares closed at $66.88 Friday, down 1.78%, after a week of gains sparked by news the U.S. Department of Energy selected the company for advanced talks on using surplus plutonium as reactor fuel. Trading volume reached 27.67 million shares. Oklo reported a first-quarter net loss of $33.1 million and ended March with $2.54 billion in cash and equivalents.
Cameco Stock Is Back in Focus After a Mine Restart — What Investors Watch Next

Cameco Stock Is Back in Focus After a Mine Restart — What Investors Watch Next

31 May 2026
Cameco shares closed Friday at C$154.91 on the TSX, up 7.1% for the week after full production resumed at McArthur River and Key Lake following flood-related disruptions. The company kept its 2026 uranium output guidance unchanged at 19.5–21.5 million pounds. CIBC and National Bank of Canada maintained “Outperform” ratings. Cameco reported Q1 net earnings of C$131 million earlier in May.
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