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Technology 31 May 2026 - 1 June 2026

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle surged over 8% to $244.73 after beating Q3 earnings forecasts and reporting a 44% jump in cloud revenue. Remaining performance obligations soared 325% to $553 billion. Oracle projects $67 billion in fiscal 2026 revenue and $50 billion in capital spending. Bearish bets surfaced, with a $1.07 billion put-options position disclosed. Investors now watch if AI contracts convert fast enough to offset heavy data-center costs.
1 June 2026
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TSMC Shares Up After Nvidia’s AI PC Push Brings Focus Back to Taiwan Chipmaker

TSMC Shares Up After Nvidia’s AI PC Push Brings Focus Back to Taiwan Chipmaker

TSMC’s U.S. shares jumped 5.4% to $441.09 after Nvidia unveiled its new AI-focused RTX Spark chip in Taipei. Investors pushed TSMC’s ADRs higher on strong demand for its advanced chip manufacturing and tight capacity. TSMC forecasts Q2 revenue of $39.0–$40.2 billion and gross margin up to 67.5%. Taipei shares held steady, while TAIEX hit a record 45,338. TSMC’s next sales update is due June 10.
1 June 2026
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BlackBerry heads for $10 again as QNX bet draws interest

BlackBerry heads for $10 again as QNX bet draws interest

BlackBerry’s U.S. shares jumped 7.8% to $9.70, Toronto shares hit a 52-week high, driven by investor focus on QNX software for robotics and secure communications. QNX posted 20% Q4 revenue growth to $78.7 million, with a $950 million royalty backlog. BlackBerry guides for Q1 revenue above forecasts. AtHoc platform secured FedRAMP Class D High re-certification. Next results due June 25.
1 June 2026
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Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Nvidia surged 4.34% after launching a new AI PC chip with Microsoft, while Qualcomm dropped nearly 7%. Dow fell 0.22%, S&P 500 flat, Nasdaq up 0.01%. Brent crude jumped 6.11% to $96.69 on Iran-linked risks. United Airlines slid 4.61%, Exxon rose 2.78%. Berkshire Hathaway agreed to buy Taylor Morrison Home for $6.8 billion; shares soared 22.43%. U.S. manufacturing PMI hit a two-year high.
1 June 2026
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IREN stock drops 7% into MSCI index add — what traders watch before Monday

IREN Stock Gets a $3.65 Billion Answer to Its Biggest AI Question

IREN shares slipped 0.7% premarket to $63.54 after closing a $3.65 billion investment-grade GPU financing facility to support its Microsoft AI cloud contract. The debt, secured by GPUs and contract cash flows, includes a $1.5 billion delayed-draw loan and $2.1 billion in 5.96% senior notes. IREN expects ARR to rise to $4.4 billion after deploying Nvidia Blackwell systems from Dell, but targets depend on delivery, utilization, and pricing.
1 June 2026
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HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE jumped 5.1% premarket to $45.27 ahead of fiscal Q2 results due after the bell, following Dell’s AI server surge and HPE’s launch of a ProLiant server using Nvidia’s Vera CPU. HPE reported a $5B+ AI backlog in March, guided Q2 revenue to $9.6–$10B, and raised its 2026 earnings target. Investors await updates on backlog, server sales, and Juniper unit as supply remains tight and high prices persist into 2027.
1 June 2026
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Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global traded at $24.13 in Monday premarket, up 5.42% after a 13.43% Friday surge on heavy volume. Q1 revenue jumped 50% to $396 million; 2026 guidance midpoint raised to $1.785 billion. OpenAI models now support Athena, Zeta’s AI-driven marketing tool. Analyst targets average $28.31, with BofA at $24. Risks include rapid price gains, competition with Salesforce, Oracle, Adobe, and execution on AI growth.
1 June 2026
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Palantir gains premarket with AI stock catalyst eyed

Palantir gains premarket with AI stock catalyst eyed

Palantir jumped 3.6% to $162.14 in pre-market trade Monday, adding to a 17% two-day surge after Dell and Snowflake’s strong AI-driven results. No new filings from Palantir. Investors are betting on AI momentum and Palantir’s raised 2026 revenue target of up to $7.66 billion after an 85% Q1 revenue spike. Gains follow Dell and Palantir’s on-prem AI OS launch and Snowflake’s $6B AWS deal, but competition and AI spending risks remain.
1 June 2026
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AMD Stock Set for Early Test After Nvidia Move

AMD Stock Set for Early Test After Nvidia Move

AMD fell 3.8% to $496.50 premarket after Nvidia unveiled its RTX Spark PC chip at Computex, intensifying AI competition. AMD focused on longer platform support and new Ryzen and Radeon launches but did not directly answer Nvidia’s move. Data center revenue jumped 57% last quarter, with Q2 sales seen near $11.2 billion. Analysts warn AMD could face pressure if Nvidia dominates AI PCs or Intel cuts prices. Shares remain up 141% year-to-date.
1 June 2026
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Arm’s $2 Trillion Question Puts Focus on CEO Pay Plan

Arm’s $2 Trillion Question Puts Focus on CEO Pay Plan

Arm Holdings jumped $18.05 to $353.29 premarket after unveiling a CEO pay plan tied to hitting $1T–$2T market cap targets by 2031. The proposal, requiring shareholder approval, links 425,000 performance shares to Arm’s AI-driven growth. CEO Haas said AGI CPU demand topped $2B for 2027–28. Q4 revenue rose 20% to $1.49B, but Arm warned of smartphone weakness and AI chip supply issues.
1 June 2026
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Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel Stock Up 200%, Now Eyes AI Chip Challenge

Intel shares ended Friday down 5.1% at $114.68 after a 200% rally this year. At Computex, Intel unveiled Xeon 6+ chips, Ethernet E835 adapters, and details on its Crescent Island AI GPU, targeting cheaper AI inference. Risks remain: Crescent Island hasn’t proven performance or landed buyers, and Intel reported a $3.73 billion net loss. CEO Lip-Bu Tan’s Computex keynote is in focus for investors Monday.
1 June 2026
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Marvell Shares Face Monday Test After AI-Driven Climb

Marvell Shares Face Monday Test After AI-Driven Climb

Marvell shares closed Friday at $205.00, up 4.4% for the week after record Q1 sales of $2.418 billion and a raised AI-led revenue forecast. Data-center revenue jumped 27% to $1.833 billion. Marvell now sees fiscal 2028 revenue at $16.5 billion and custom silicon topping $10 billion in 2029. Risks flagged include customer concentration and supply-chain issues. Broadcom earnings and the U.S. jobs report loom this week.
1 June 2026
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Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

Broadcom soared 4.73% to a record $446.77 Friday, up 7.9% for the week, ahead of its June 3 fiscal Q2 report seen as a key test for AI chip demand. The company previously guided for $22 billion in Q2 revenue, with $10.7 billion from AI chips. Analysts raised price targets, citing strong custom XPU momentum. Broadcom is also backing Anthropic’s $36 billion AI hardware financing. Investors await management’s outlook and July-quarter guidance.
31 May 2026
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Oracle Shares Jump as AI Cloud Bets Head Toward Another Test

Oracle Shares Jump as AI Cloud Bets Head Toward Another Test

Oracle soared 10.84% Friday to $225.78, capping a 17.5% weekly surge as traders piled into AI infrastructure stocks. Wall Street’s software index jumped over 6% as AI demand fears faded. Oracle’s remaining performance obligations hit $553 billion, up 325% year over year. Risks remain: high AI infrastructure costs, reliance on OpenAI, and scrutiny over TikTok data. Fiscal Q4 results land mid-June.
31 May 2026
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Uber Faces Key Week After $11.6 Billion Delivery Hero Bid

Uber Faces Key Week After $11.6 Billion Delivery Hero Bid

Uber shares fell nearly 2% last week to $70.40 as investors await news on a possible new bid for Delivery Hero, after Uber raised its stake to almost 37%. The S&P 500 gained 1.4% in the same period. Traders are watching for a formal offer, German filings, or shareholder pushback. Jefferies flagged antitrust risks and warned Uber may need to lift its bid or sell assets, putting pressure on the stock.
31 May 2026
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Snap stuck near $6 as legal bill hits $8 million and ads slow

Snap stuck near $6 as legal bill hits $8 million and ads slow

Snap Inc. agreed to pay $8 million in a $27 million settlement over a Kentucky school district’s lawsuit on social media addiction, as shares slid 3.38% to $5.71 Friday in heavy trading. The settlement, part of a bellwether case, comes with no admission of liability. Over 5,700 similar lawsuits are pending. Snap warned of weaker ad revenue tied to the Middle East conflict and lower North America growth after Q1 results.
31 May 2026
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Dell Shares Surge 33% as AI Server Demand Soars—Big Test Ahead

Dell Shares Surge 33% as AI Server Demand Soars—Big Test Ahead

Dell shares soared 32.76% Friday to $420.91 after record Q1 revenue of $43.8 billion and $16.1 billion in AI server sales, overtaking PC revenue for the fourth straight quarter. Dell raised its AI server sales target to $60 billion for the year and now expects up to $169 billion in fiscal 2027 revenue. At least 13 brokerages hiked price targets, but supply risks and questions about sustained demand remain.
31 May 2026
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SoundHound AI Stock Fell After Record Revenue. Cash Burn Is What Spooked Wall Street

SoundHound AI Stock Just Jumped. Monday May Tell If The Rally Has Legs

SoundHound AI surged 5.14% to $9.00 Friday, capping a week up over 10% from May 22 on heavy volume after filing to sell up to $300 million in new shares. The company reaffirmed 2026 revenue guidance and reported $44.2 million Q1 revenue, $216 million cash, and no debt. Investors weighed the pending $43 million LivePerson acquisition, which still requires approvals, against risks of dilution and cash burn.
31 May 2026
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HP Stock Faces Weekend Setup as AI-PC Gains Run Into Cost Pressures

HP Stock Faces Weekend Setup as AI-PC Gains Run Into Cost Pressures

HPQ surged $2.04 to close at $27.04 Friday after a 9% revenue jump to $14.4B and a 13% rise in PC revenue, despite 7% fewer units shipped. AI PCs made up 44% of shipments. HP warned of margin pressure from higher memory-chip costs and forecast a “high teens” percent drop in PC unit market for the second half. Q3 EPS guidance: $0.61–$0.71. Full-year EPS: $2.90–$3.10. UBS raised its target to $26 but kept a Neutral rating.
31 May 2026
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BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

BlackBerry closed at $9.00 in New York, up 2.5% Friday and 13.8% for the week, hitting a six-session streak near its 52-week high. Volume surged to 45.1 million shares. Gains follow April’s QNX revenue jump to $78.7 million and a $950 million royalty backlog. AtHoc secured 2026 FedRAMP Class D High re-certification. QNX highlighted robotics at Boston’s summit. Investors await June 2 and June 25 updates on bookings and revenue.
31 May 2026
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Stock Market Today

  • Consumer Discretionary Specialized Services Q1 Earnings: 1-800-FLOWERS and Peers Reviewed
    June 1, 2026, 1:50 PM EDT. Q1 earnings for 11 Consumer Discretionary specialized consumer services stocks showed mixed results, with revenues beating estimates by 1.4%, and share prices rising 2% on average post-reporting. 1-800-FLOWERS (NASDAQ:FLWS) reported $293 million in revenue, down 11.6% year-on-year but aligned with expectations; shares climbed 15.9% to $4.56. Matthews International (NASDAQ:MATW) led performers, with revenues down 39.5% but beating forecasts and earnings estimates; however, its stock fell 7% to $26.54. The sector faces structural challenges as discretionary spending is highly sensitive to economic shifts and competition intensified by technology. Investors with long-term horizons confront volatility due to fickle consumers and low switching costs, noting only a few firms sustain growth and earnings reliably.

Latest articles

Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

1 June 2026
Robinhood shares fell 4.5% to $90.07 after the Supreme Court sought input from the Trump administration on whether to hear a class-action case over its 2021 IPO disclosures. The stock traded between $85.60 and $94.88 on volume of 28.3 million. Robinhood launched new child investment accounts and AI trading agents, but crypto revenue dropped 47% last quarter. Market cap stood at $82.4 billion, about 44 times earnings.
Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

1 June 2026
Twilio shares surged 14.7% to $218.75 after raising its 2026 outlook and reporting first-quarter revenue up 20% to $1.41 billion. Analysts cited gross-profit growth and AI-driven demand. The company lifted its 2026 revenue growth forecast to 14%-15% and non-GAAP operating income to up to $1.10 billion. Gross margin slipped to 49% as carrier fees rose. Market cap reached $34.5 billion.
Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

1 June 2026
Hitek Global Inc. shares soared over 4x to $6.18 in heavy Nasdaq trading after a 1-for-3 reverse split shrank Class A shares to 774,807. Fiscal 2025 revenue hit $6.5 million, up from $2.9 million, with net income swinging to $180,142 from a $896,690 loss. Gross margin fell to 10.6%. SEC filings warn of delisting risk if prices stay below $1, and future equity sales could dilute holders.
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