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Technology 27 May 2026 - 28 May 2026

ServiceNow Skips Software Drop as Traders Watch

ServiceNow Skips Software Drop as Traders Watch

ServiceNow shares rose 2.2% to $102.12 Wednesday, outperforming software peers as investors responded to signs of steady enterprise demand. Oppenheimer reaffirmed its Outperform rating and $130 target after a customer survey. The stock remains well below last year’s peak despite the rebound. Roughly 28.5 million shares traded, with a market cap near $106.2 billion.
Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure shares fell 2.8% to $85.74 after the company reported first-quarter revenue up 35% to $1.05 billion, beating estimates. Product revenue rose 55% to $577 million, and adjusted earnings reached 47 cents a share, above forecasts. The company raised its fiscal 2027 outlook but faces margin pressure from higher memory and component costs. Everpure completed its rebrand from Pure Storage and closed its 1touch acquisition.
Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce issued second-quarter revenue guidance below Wall Street estimates, sending shares down 0.8% to $177.51 after hours. First-quarter revenue reached $11.13 billion, beating forecasts, while Agentforce and Data 360 annual recurring revenue doubled to nearly $3.4 billion. The stock is down almost 33% in 2026. Investors remain cautious over AI’s impact on future growth.
Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push

Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push

Cipher Digital Inc. shares jumped 9.5% to $25.21 on Wednesday, nearing a 52-week high as trading volume surged and market cap hit $10.2 billion. The stock rose after updates on new AI data center leases and a $200 million credit facility, despite first-quarter revenue falling to $34.8 million and net loss widening to $114.3 million. Total debt stood at $5.2 billion at March 31.
Grab Shares in Focus After Banking Move

Grab Shares in Focus After Banking Move

Grab Holdings shares rose 1.3% to $3.635 in U.S. trading Wednesday, with volume over 35 million shares. The company will consolidate Indonesia’s Superbank into its financial-services segment starting in May, after its holding surpassed 50%. Financial services revenue jumped 43% last quarter to $107 million, though the segment remains unprofitable. Grab will update guidance at its second-quarter results in August.
Dycom Soars 27% as Earnings Beat, Citing Data-Center Demand

Dycom Soars 27% as Earnings Beat, Citing Data-Center Demand

Dycom Industries shares surged 27% Wednesday after the company beat first-quarter earnings estimates, raised its full-year outlook, and announced a $275 million acquisition of National Technology Integrators. Adjusted EPS reached $4.42, topping the $2.73 consensus, and revenue rose 56% to $1.96 billion. The stock traded at $533.74 in afternoon action, off session highs.
IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Shares Jump After $1.6 Billion Dell Agreement Puts Focus on AI Revenue Target

IREN Limited shares rose 9.4% to $65.42 after the company announced a $1.6 billion deal to buy Dell hardware for its Texas data center. The agreement aims to speed up deployment of Nvidia Blackwell systems for AI customers, with commissioning set for early 2027. Volume topped 44 million shares, pushing market cap to $21.8 billion. IREN expects annualized run-rate revenue to reach $4.4 billion after installation.
Astrotech Stock Rockets 500% After Moon Quantum Plan — The Risk Traders Should Watch

Astrotech Stock Rockets 500% After Moon Quantum Plan — The Risk Traders Should Watch

Astrotech Corp shares surged 524% to $15.42 Wednesday after the company announced plans to explore lunar resource development and Moon-based semiconductor manufacturing. Trading volume topped 111 million shares, pushing market value to about $26 million. The company has no NASA contracts and reported a $3.8 million quarterly loss on $343,000 revenue. Astrotech’s core business remains mass spectrometry and gas chromatography.
Uber faces investor pushback after Delivery Hero offer

Uber faces investor pushback after Delivery Hero offer

Uber has made a non-binding €33-per-share takeover offer for Berlin-based Delivery Hero, but shares traded at €39.04 after Wednesday’s Xetra close. A key shareholder rejected a €38 bid, prompting Uber’s board to discuss raising its offer, Reuters reported. Some investors want over €40 a share. DoorDash is also reportedly interested in Delivery Hero.
Digital Turbine Shares Surge 45% After Earnings

Digital Turbine Shares Surge 45% After Earnings

Digital Turbine shares surged 44.9% to $6.97 in early New York trading after reporting fiscal fourth-quarter revenue of $142.5 million, up 20%. The company posted a GAAP net loss of $7.3 million but forecast fiscal 2027 revenue between $630 million and $650 million. Trading volume exceeded 17 million shares. Digital Turbine expanded its Google Cloud partnership to add AI tools to its mobile ad platform.
AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

Roundhill Memory ETF (DRAM) reached $10 billion in assets in 50 days, the fastest ETF to hit that milestone. The fund, up 87% since its April 2 launch, has seen heavy inflows as investors target memory-chip makers like Micron, Samsung, and SK Hynix amid an AI-driven chip shortage. Micron and SK Hynix both briefly crossed $1 trillion in market value this week. Filings for a 2x leveraged version are underway.
Zscaler drops 21% premarket in early U.S. trading

Zscaler drops 21% premarket in early U.S. trading

Zscaler shares fell 21.5% in premarket trading Wednesday after the company forecast fourth-quarter revenue of $875 million to $878 million, missing Wall Street’s $878.6 million target. The stock traded at $144.84 as of 4:02 a.m. EDT, down from Tuesday’s $184.60 close. Third-quarter revenue rose 25% to $850.5 million, with adjusted profit beating estimates. Zscaler also lowered its free-cash-flow margin outlook.
TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

TSMC Is Where Traders Are Looking After Nvidia’s $150 Billion Taiwan Pledge

Nvidia CEO Jensen Huang said the company could spend up to $150 billion a year in Taiwan, up from $100 billion now. Taiwan’s stock market value surpassed India’s, driven by TSMC, which accounts for 42% of the main index. TSMC reported April revenue up 17.5% year-on-year and holds 72% of the pure-play foundry market. Nvidia plans to build a Taiwan headquarters, aiming to open in 2030 with 4,000 staff.
BlackBerry Stock Just Hit a 52-Week High. The Rally’s Next Test Is Today

BlackBerry Stock Just Hit a 52-Week High. The Rally’s Next Test Is Today

BlackBerry’s U.S.-listed shares closed Tuesday at $8.42, up 6.45%, hitting a 52-week high. The rally follows AtHoc’s U.S. government cloud-security recertification and QNX’s robotics demonstrations in Boston. BlackBerry will report first-quarter fiscal 2027 results around June 25. QNX President John Wall is set to appear with Amazon Robotics and others at the Robotics Summit & Expo.
Archer Aviation Shares Edge Higher in Early Trade as Air-Taxi Competition Tightens

Archer Aviation Shares Edge Higher in Early Trade as Air-Taxi Competition Tightens

Archer Aviation shares rose 2.14% to $6.65 in Wednesday’s premarket, extending a rebound that has lifted the stock 12.6% since May 20. The company recently completed Phase 3 of the FAA’s type-certification process for its electric Midnight aircraft. Archer reported a first-quarter net loss of $217.7 million on $1.6 million in revenue. Joby Aviation and Archer remain locked in a trade secrets lawsuit.
American Airlines Shares Climb After Starlink Agreement

American Airlines Shares Climb After Starlink Agreement

American Airlines shares rose 7.2% to $14.85 Tuesday after announcing plans to install SpaceX’s Starlink Wi-Fi on over 500 narrowbody jets starting in early 2027. The rollout will cover Airbus A321XLR and A321neo planes for domestic and short-haul international routes. Financial terms were not disclosed. Airline stocks broadly gained, with United up 6% and Delta up 4.3%.
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Stock Market Today

  • Asian Stocks Dip on Uncertain US-Iran Deal Signals; Oil Rises
    May 27, 2026, 9:10 PM EDT. Asian stocks slipped from recent record highs following mixed signals from the United States and Iran regarding potential peace negotiations to end ongoing conflict, raising investor concerns about regional stability. Meanwhile, crude oil prices gained, reflecting market nervousness about supply disruptions amid geopolitical tensions. The market reaction underscores how political uncertainty continues to influence global financial markets, particularly energy sectors. Traders remain cautious as they monitor developments closely, balancing hopes for diplomatic progress against risks of escalating conflict.

Latest articles

Wall Street After-Hours Signals Following Record Highs

Wall Street After-Hours Signals Following Record Highs

28 May 2026
The Dow, S&P 500, and Nasdaq closed at record highs Wednesday, with the Dow up 182.60 points to 50,644.28. Snowflake shares surged after hours on a raised outlook and a $6 billion AWS deal, while Salesforce fell on a weaker revenue forecast. Oil prices rebounded as U.S.-Iran tensions rose. Major ETFs traded mixed in late action.
ServiceNow Skips Software Drop as Traders Watch

ServiceNow Skips Software Drop as Traders Watch

28 May 2026
ServiceNow shares rose 2.2% to $102.12 Wednesday, outperforming software peers as investors responded to signs of steady enterprise demand. Oppenheimer reaffirmed its Outperform rating and $130 target after a customer survey. The stock remains well below last year’s peak despite the rebound. Roughly 28.5 million shares traded, with a market cap near $106.2 billion.
No Leis for Hawaiian Flight Attendants as Alaska Merger Strain Grows

No Leis for Hawaiian Flight Attendants as Alaska Merger Strain Grows

28 May 2026
About 250 Hawaiian Airlines flight attendants based in Seattle must stop wearing leis, flowers, and aloha shirts on Alaska-branded Boeing 787 flights under new uniform rules. The change comes as Alaska Air Group merges operations and expands long-haul routes from Seattle to cities like Rome and London. Alaska and Hawaiian continue as separate brands but now share systems and a single FAA operating certificate.
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