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Technology 26 May 2026 - 27 May 2026

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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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.
27 May 2026
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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%.
27 May 2026
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S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

The S&P 500 and Nasdaq closed at record highs Tuesday, with the S&P up 0.61% and the Nasdaq rising 1.19%, while the Dow slipped 0.23%. Micron briefly topped $1 trillion in value after UBS raised its price target. Qualcomm surged nearly 5% on a reported chip deal with ByteDance. Zscaler fell 15% after hours on weak revenue guidance.
27 May 2026
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Intel draws $150 target in AI drive, Wall Street says

Intel Stock Jumps Again — The Comeback Trade Wall Street Can’t Ignore

Intel shares rose 3.1% to $123.52 Tuesday, with over 107 million shares traded, as investors bet on AI chip demand and U.S.-backed semiconductor production. The move followed a Memorial Day market closure and came amid record closes for the S&P 500 and Nasdaq. AMD gained 7.8%, Nvidia slipped 0.3%. Reuters reported the U.S. government’s stake in Intel has grown to over $50 billion.
27 May 2026
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TeraWulf Jumps on Kentucky AI Site Deal, Power Race Back in View

TeraWulf Jumps on Kentucky AI Site Deal, Power Race Back in View

TeraWulf Inc. shares surged 10% to $25.18 Tuesday after announcing plans for a 1-gigawatt data center campus in Eastern Kentucky, pushing its valuation near $10.7 billion. The company closed the land deal May 22 and aims to bring 500 megawatts online in 2028, with another 500 megawatts by 2030. TeraWulf posted a $427.7 million Q1 net loss despite $34 million in revenue. Crypto miners moving into AI also lifted Hut 8, IREN, and Cipher Mining.
26 May 2026
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Stock Market Today

  • Movado Q1 CY2026 Earnings Beat Estimates with Revenue Up 8.1%
    May 27, 2026, 5:18 PM EDT. Movado (NYSE:MOV) reported strong Q1 CY2026 results, with revenue increasing 8.1% year-on-year to $142.4 million, surpassing analyst estimates by 5.4%. The luxury watchmaker posted an adjusted earnings per share (EPS) of $0.32, significantly beating the consensus of $0.07. Operating margin improved to 4.9% from 0.7% a year ago, while adjusted EBITDA reached $9.33 million against an estimate of $3.24 million. Free cash flow turned positive at $5.8 million compared with a negative $8.75 million the previous year. CEO Efraim Grinberg highlighted accelerated momentum and strategic progress. Despite a mixed long-term sales growth trend, short-term results exceeded Wall Street expectations, although future revenue growth projections appear subdued.

Latest articles

Independent Bank Drops After New HCB Merger Filing, June Vote Eyed

Independent Bank Drops After New HCB Merger Filing, June Vote Eyed

27 May 2026
NEW YORK, May 27, 2026, 17:08 (EDT) Independent Bank Corporation stock fell on Wednesday after the company released a new prospectus for its planned buyout of HCB Financial Corp. The deal is headed for a shareholder vote in June. HCB shareholders are getting details now on price and timing. According to the May 26 prospectus, which started mailing on or about May 27, the shareholder vote is set for June 17. Each HCB share would turn into $17.51 cash plus 1.5900 Independent shares. The exchange ratio—fixed at 1.5900—means the value of the stock part will move with IBCP’s price. The
Wolfspeed Stock Just Hit a Wall After Its AI Surge. The Risk Traders Can’t Ignore

Wolfspeed Stock Just Hit a Wall After Its AI Surge. The Risk Traders Can’t Ignore

27 May 2026
Wolfspeed Inc. shares plunged 14.3% to $63.00 Wednesday as the recent AI power-chip rally lost steam. The company posted a fiscal Q3 net loss of $119.9 million on $150.2 million revenue and reported $1.2 billion in liquidity. The iShares Semiconductor ETF slipped 1.1%. Wolfspeed emerged from Chapter 11 last year after cutting debt by nearly 70%.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause

27 May 2026
The Dow Jones Industrial Average closed at a record 50,650.76, up 189.08 points, driven by gains in healthcare and consumer stocks as tech shares slipped. Oil prices fell sharply, with Brent crude down 4.6% to $92.25 a barrel. Airlines and cruise lines rose on lower fuel costs. The S&P 500 and Nasdaq posted only slight gains, while chip stocks retreated.
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