Today: 28 May 2026
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Technology 27 May 2026 - 28 May 2026

U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

The Trump administration is in talks to fund U.S. drone companies including Unusual Machines and Neros, the Wall Street Journal reported, sending Unusual Machines shares up 39% premarket. Over $74 billion is proposed for drone and counter-drone tech in the Pentagon’s 2027 budget, triple last year’s amount. Talks involve debt and equity options but are not final. Reuters could not immediately verify the Journal’s report.
28 May 2026
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IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Limited shares fell 3.6% to $65.41 in premarket trading Thursday after surging 13.48% Wednesday on news of a $1.6 billion deal with Dell for Nvidia Blackwell systems. The hardware will support IREN’s $3.4 billion AI cloud contract at its Texas campus. The deal was signed May 19, with Dell to be paid within 30 days of each shipment. Wall Street responded as B. Riley Securities raised its price target to $88.
28 May 2026
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Intel slips ahead of inflation numbers, AI momentum cools

Intel slips ahead of inflation numbers, AI momentum cools

Intel shares fell 1.4% to $121.77 on Wednesday and traded at $119.70 after hours ahead of Thursday’s session. Reuters reported ByteDance is developing its own CPUs as Intel and AMD raised prices 10% to 35% in recent months. The Philadelphia Semiconductor Index dropped 1.4% after hitting a record high. U.S. stock futures declined Thursday as traders watched inflation data and U.S.-Iran tensions.
28 May 2026
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Meta Paywall Move Rattles Shares

Meta Paywall Move Rattles Shares

Meta shares rose 3.74% to $635.25 Wednesday after launching new paid plans for Facebook, Instagram, WhatsApp, and Meta AI. The company raised its 2026 capital spending outlook to $125–$145 billion, citing higher costs for data centers and chips. Instagram Plus and Facebook Plus are priced at $3.99 per month, WhatsApp Plus at $2.99. Ads remain Meta’s main revenue source, with $55.02 billion last quarter.
28 May 2026
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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.
28 May 2026
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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.
28 May 2026
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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.
27 May 2026
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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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Stock Market Today

  • SciSparc-Backed NeuroThera to Acquire 54% Stake in CliniQuantum for $9.46M
    May 28, 2026, 9:16 AM EDT. NeuroThera Labs, a subsidiary of SciSparc (Nasdaq: SPRC), received conditional approval from the TSX Venture Exchange to acquire around 54% of CliniQuantum. The acquisition involves issuing 56.6 million NeuroThera shares valued at about $9.46 million, held in escrow under TSX policies. The deal includes amended terms with a $0.05 floor price for earn-out shares and an extended closing date to June 1, 2026. Following the announcement, SciSparc shares surged over 117%, peaking at +144.1% intraday, reflecting strong investor interest and heavy trading volume at 53.3 times the average. The stock closed at $9.58, adding nearly $1 million to NeuroThera's market capitalization.

Latest articles

Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

28 May 2026
Hormel Foods shares rose 6.8% in premarket trading after beating quarterly sales and profit estimates, reporting $2.97 billion in net sales and 40 cents adjusted earnings per share. Organic net sales increased 3%, while segment profit climbed in retail, foodservice, and international divisions. The company reaffirmed its 2026 sales and adjusted EPS outlooks but lowered its GAAP EPS view due to a turkey business sale. Retail volume dropped 2%.
Azul set to return to NYSE June 1; Veris departure confirmed

Azul set to return to NYSE June 1; Veris departure confirmed

28 May 2026
Azul S.A. will move its American depositary shares to NYSE American on June 1 under the ticker AZUL, leaving OTC Markets. The airline exited Chapter 11 in February, cutting debt by $2.5 billion and raising $1.375 billion in new funding. Veris Residential Inc. has stopped trading on the NYSE after a $3.5 billion buyout by Affinius Capital and Vista Hill Partners. Veris has been delisted and removed from major S&P indexes.
U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

28 May 2026
The Trump administration is in talks to fund U.S. drone companies including Unusual Machines and Neros, the Wall Street Journal reported, sending Unusual Machines shares up 39% premarket. Over $74 billion is proposed for drone and counter-drone tech in the Pentagon’s 2027 budget, triple last year’s amount. Talks involve debt and equity options but are not final. Reuters could not immediately verify the Journal’s report.
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