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Technology Trends 28 May 2026 - 14 June 2026

Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead

Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead

U.S. space and satellite names are lower as the week starts, after SpaceX’s public float reset sector valuations. SpaceX finished Friday at $160.95, up 19.2% from its $135 IPO price. The gain pushed its market value to about $2.1 trillion. The company raised $75 billion in what now stands as the biggest-ever IPO, selling shares to public investors for the first time.
14 June 2026
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Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services, Inc. shares ended the week with a strong rebound, closing Friday at $707.74, up $24.45, or 3.58%, as investors continued to price the infrastructure contractor as a major beneficiary of rising electricity demand tied to data centers and artificial intelligence. The move outpaced the S&P 500 ETF, Nasdaq-100 ETF and Industrial Select Sector SPDR ETF, which each rose about 0.6% in the same session.
13 June 2026
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AT&T trades near $22.71 while CFO pushes back on SpaceX challenge to fiber

AT&T trades near $22.71 while CFO pushes back on SpaceX challenge to fiber

AT&T Inc. stock hovered at $22.71 early Wednesday, steady with the Tuesday close. Shares had risen 0.93% to end at $22.71. Investors on Wednesday saw the company release the transcript from Chief Financial Officer Pascal Desroches' remarks at the Mizuho Technology Conference, alongside a new reaffirmation of AT&T’s 2026 outlook. Concerns over satellite-broadband had weighed on the stock last week.
10 June 2026
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Xos Stock Surges 200% Premarket as Tiny EV Maker Targets AI’s Power Bottleneck

Xos Stock Surges 200% Premarket as Tiny EV Maker Targets AI’s Power Bottleneck

Xos Inc shares surged before the bell on Wednesday after the electric commercial vehicle and energy-storage company launched a new Power Hub product aimed at data centers, giving investors a fresh angle on the AI power trade. The stock was quoted at $7.12 in premarket trading at 8:52 a.m. EDT, up about 219% from Tuesday’s close of $2.23.
3 June 2026
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Dow, S&P inch up as AI surge faces $80 billion hurdle

Dow, S&P inch up as AI surge faces $80 billion hurdle

U.S. stocks finished Tuesday little changed. The Dow picked up 149.01 points, or 0.29%, to 51,227.89. The S&P 500 was up 4.85 points, or 0.06%, at 7,604.81. The Nasdaq Composite slipped 13.96 points, or 0.05%, closing at 27,072.85. Buyers stuck with AI names, while companies with high spending needs and Middle East risk got less support. Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder, said it was “a mixed market today.”
2 June 2026
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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s Nasdaq-100 ETF QQQM edged higher Tuesday, helped by fresh inflows and gains in Nvidia, even as Zscaler slid nearly 9% and reminded investors that the AI trade is not moving in one clean line. QQQM traded at $306.54, up 0.2%, while the larger Invesco QQQ Trust rose 0.2%; Zscaler was down 8.9% at $141.90.
2 June 2026
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CoreWeave Stock Jumps Before the Bell as AI Cloud Rally Gets a New Test

CoreWeave Stock Jumps Before the Bell as AI Cloud Rally Gets a New Test

CoreWeave Inc. shares rose in premarket trading on Monday, putting the AI cloud company back in focus before Nasdaq’s main session. The stock last traded in the regular session at $109.53 on May 29, while Google Finance showed premarket trading at $115.72, up 5.65%; Nasdaq’s regular session was due to open at 9:30 a.m. Eastern.
1 June 2026
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