Today: 30 May 2026
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Technology 29 May 2026 - 30 May 2026

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.
30 May 2026
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Ford gets fresh boost as power-grid trade heats up

Ford gets fresh boost as power-grid trade heats up

Ford shares jumped 4.74% to close at $17.44 Friday, hitting a 52-week high of $17.78, with over 154 million shares traded. BofA Securities raised its price target to $20, citing Ford’s push into battery energy storage. Ford Energy signed a five-year deal with EDF to supply up to 20 GWh of storage systems starting in 2028. New U.S.-Mexico trade talks and stricter USMCA rules emerged as risks.
30 May 2026
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Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight

Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight

Virgin Galactic shares surged 36.42% to $6.18 on record volume after announcing VSS Unity glide flights in New Mexico. The company raised $11 million this quarter through an at-the-market share sale and reported $251 million in cash at March 31. A federal court gave initial approval to settle shareholder lawsuits for $2.75 million. Virgin Galactic plans new spaceship tests in Q3 and a research flight in 2027.
30 May 2026
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Ondas Wins $110 Million Order, but Share Overhang Lingers

Ondas Wins $110 Million Order, but Share Overhang Lingers

Ondas Inc. reported over $30 million in new orders for May, raising its Q2 total above $110 million. Shares closed after-hours near $13.22 after trading between $11.62 and $13.48 on volume of 141.9 million. New filings showed increased share activity tied to acquisitions and incentive plans. Shareholders approved raising authorized shares to 1.2 billion and expanded the stock incentive plan.
30 May 2026
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Amazon Drops With S&P 500 at Record as $6 Billion AWS Deal Draws Focus

Amazon Drops With S&P 500 at Record as $6 Billion AWS Deal Draws Focus

Amazon.com fell 1.2% to $270.64 late Friday, missing Wall Street’s record highs despite a new AWS deal with Snowflake. Snowflake shares soared over 33% after announcing a $6 billion, five-year agreement with AWS and raising its revenue outlook. Amazon’s market cap stood near $2.94 trillion, while Microsoft gained 5.4% and Alphabet dropped 2.5%. Amazon’s free cash flow slipped to $1.2 billion after heavy AI-related spending.
29 May 2026
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Palo Alto Networks Reaches All-Time High Ahead of Results as AI Security Rally Drives Wall Street

Palo Alto Networks Reaches All-Time High Ahead of Results as AI Security Rally Drives Wall Street

Palo Alto Networks shares surged 9.3% to a record $281.69 Friday, with trading volume doubling ahead of third-quarter earnings set for June 2. The company closed its Portkey acquisition and joined a new NATO cyber partnership this week. Several analysts raised their price targets, citing AI-linked growth and strong subscription revenue. Other cybersecurity stocks also rallied, including CrowdStrike and Fortinet.
29 May 2026
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POET Technologies Tumbles Again as $400 Million AI Optics Push Hits Another Setback

POET Technologies Tumbles Again as $400 Million AI Optics Push Hits Another Setback

POET Technologies shares fell 7.3% Friday, closing at $12.29 on Nasdaq and slipping further after hours. The drop follows a $400 million direct offering earlier this month, with shares now down 41% from the $21 deal price. Q1 revenue was $503,389 against a $12.3 million net loss. Legal action continues after Marvell canceled Celestial AI-related orders, citing confidentiality issues.
29 May 2026
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Snap Slides, With Key Challenge Ahead for Comeback

Snap Slides, With Key Challenge Ahead for Comeback

Snap Inc. shares fell nearly 2% to $5.80 late Friday, underperforming the broader market as ad growth remained sluggish. First-quarter revenue rose 12% to $1.53 billion, but advertising revenue increased just 3%. Snap reported 483 million daily active users. Trading volume was below average, and the stock stayed well under its 52-week high.
29 May 2026
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Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Drops 6.6%, AI Optics Demand Gets Tested

Coherent Corp. shares fell 6.6% to around $352 on Friday, despite no new company news and a rising broader market. The stock had closed at $376.95 on Thursday and touched $343.51 during the session. Lumentum dropped 2.3%, while Ciena was little changed. Coherent reported Q3 revenue of $1.81 billion, up 21% from last year, and forecasted Q4 revenue of $1.91–$2.05 billion.
29 May 2026
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Rivian shares rise as company announces R2 SUV launch date

Rivian shares rise as company announces R2 SUV launch date

Rivian shares rose 7.6% to $16.36 by midday Friday after the company set June 9 for its first R2 SUV customer event. Trading volume reached 24.3 million shares. Rivian expects to deliver up to 25,000 R2s by year-end and reported $1.381 billion in first-quarter revenue. U.S. regulators opened a preliminary probe into 114,922 R1S and R1T vehicles over a possible suspension defect.
29 May 2026
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Vanguard VGT split points to the AI trade’s top play

Vanguard VGT split points to the AI trade’s top play

Vanguard’s Information Technology ETF (VGT) has nearly doubled the post-split returns of Vanguard’s larger growth funds since April 21. VGT’s top holdings—Nvidia, Apple, and Microsoft—make up over 40% of its portfolio. The ETF traded at $120.68 late Friday morning in New York, outpacing VUG at $89.51 and MGK at $91.16. Investors continue to buy into AI hardware and software plays.
29 May 2026
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IREN Shares Slide, Bringing Dell AI Deal and $4.4 Billion Test Into Focus

IREN Shares Slide, Bringing Dell AI Deal and $4.4 Billion Test Into Focus

IREN Limited shares fell 1.5% to $63.08 Friday, underperforming the Nasdaq-100. The company announced a $1.6 billion deal to buy Nvidia Blackwell systems from Dell, aiming to boost annualized revenue to $4.4 billion, though not all of that is under contract. IREN posted a Q3 net loss of $247.8 million as revenue dropped to $144.8 million. Goldman Sachs raised its price target to $50 but kept a Neutral rating.
29 May 2026
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Micron (MU) stock falls 6% as oil shock rattles tech, even after new 256GB server-memory samples

Micron rises with AI memory but faces new push from Samsung

Micron shares jumped 4.6% to $966.24 Friday morning, lifting its market value above $1.1 trillion. The rally followed analyst price-target hikes and strong demand for high-bandwidth memory used in AI. Samsung shipped samples of its new HBM4E chips, introducing fresh competition in the AI memory market. Micron’s revenue in its latest quarter surged to $23.86 billion from $8.05 billion a year earlier.
29 May 2026
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Stock Market Today

  • Microsoft Shares Surge 5.45% as AI Revenue Hits $37 Billion Annual Run Rate
    May 29, 2026, 8:04 PM EDT. Microsoft (NASDAQ:MSFT) stock rose 5.45% to close at $450.24 on May 29, boosted by reports of a $37 billion run rate from its artificial intelligence (AI) business. The gain reflects strong demand for AI-driven cloud and software services, including Azure and Microsoft 365. Trading volume reached 77.2 million shares, nearly double the three-month average. While peers Apple and Alphabet fell slightly, Microsoft's hybrid AI-cloud pricing and in-house AI model development, aimed at cost control, attracted investor attention. Market watchers see the move as a sign Microsoft is successfully integrating AI into its cloud ecosystem, with future earnings expected to clarify its growth and profitability trajectory amid evolving AI pricing strategies.

Latest articles

Plug Power Stock Falls Again — The Hydrogen Rally’s Hard Test Is Here

Plug Power Stock Falls Again — The Hydrogen Rally’s Hard Test Is Here

30 May 2026
Plug Power shares fell 4.1% to $3.95 on Friday, underperforming the Nasdaq and Dow after a midweek rally. The stock traded between $3.85 and $4.17 with 68 million shares changing hands. Investors weighed improved margins and a UK hydrogen project against ongoing cash needs. Plug remains unprofitable, with a market value near $5.49 billion.
Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir Jumps 9% as AI Software Stocks Face Next Test

30 May 2026
Palantir shares rose 9.2% to $156.54 Friday, marking their strongest two-day rally since April 2025. The move followed upbeat AI-driven results from Dell and Snowflake, with Palantir raising its 2026 revenue outlook to as much as $7.66 billion. First-quarter revenue jumped 85% to $1.63 billion, beating estimates. Palantir’s price-to-earnings ratio reached 176, far above most peers.
Super Micro Gains With Dell, But Another Hurdle Awaits

Super Micro Gains With Dell, But Another Hurdle Awaits

30 May 2026
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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