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Technology 26 May 2026 - 27 May 2026

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.
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.
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.
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.
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.
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%.
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.
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.
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.
Zscaler Drops Even After Earnings Beat, Guidance Disappoints

Zscaler Drops Even After Earnings Beat, Guidance Disappoints

Zscaler shares fell over 13% after hours Tuesday to about $156 following a fourth-quarter revenue forecast of $876.5 million, just below Wall Street’s $879 million target. Fiscal third-quarter revenue rose 25% to $850.5 million, beating estimates, while GAAP net loss widened to $13.9 million. The company cut its free-cash-flow margin outlook, citing higher capital spending. Bookings for its AI Protect offering topped $100 million in the past year.
U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Micron’s $1 Trillion AI Story Lifts S&P 500 to Record Close

The S&P 500 closed at a record 7,519.47, up 0.62%, while the Nasdaq rose 1.18% to 26,655.89; the Dow slipped 0.21%. Micron Technology surged 19.3% to $896.84 after UBS raised its price target, lifting its market value above $1 trillion. Chip stocks rallied on AI demand. Brent crude settled at $99.58 a barrel, up 3.58%, as inflation and geopolitical risks persisted.
Momentus Shares Soar After $200 Million Filing

Momentus Shares Soar After $200 Million Filing

Momentus Inc. surged 96.6% to $14.51 late Tuesday after filing to register up to $200 million in securities for possible sale. Trading volume hit 74.5 million shares, nearly doubling the stock. Director Chris Hadfield bought 2,000 shares at $7.19 each on May 21. The company’s Vigoride 8 vehicle passed a key NASA-backed design review for a 2027 mission.
Keel Infrastructure Shares Rise, AI Power Supply Shift Draws Focus

Keel Infrastructure Shares Rise, AI Power Supply Shift Draws Focus

Keel Infrastructure shares rose 4.7% to $5.035 Tuesday afternoon, bringing year-to-date gains to over 115%. The move followed renewed investor interest in former bitcoin-mining firms now pivoting to AI and high-performance computing infrastructure. Keel says it holds $533 million in liquidity and aims to secure leases at sites in Pennsylvania, Washington, and Quebec by 2026.
UiPath Shares Edge Up as Investors Wait for Earnings Test Thursday

UiPath Shares Edge Up as Investors Wait for Earnings Test Thursday

UiPath shares rose 2.7% to $11.22 in midday New York trading Tuesday, ahead of its fiscal first-quarter earnings report due after markets close May 28. Volume reached nearly 31.9 million shares. The company last projected quarterly revenue of $395 million to $400 million and annualized recurring revenue up to $1.899 billion. Investors are watching for signs that its AI automation strategy can drive growth amid rising competition.
BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Shares Jump as Stock Clears $8

BlackBerry shares rose 6.1% to $8.39 in U.S. trading Tuesday, with volume near 39.7 million after markets reopened from Memorial Day. The move follows a FedRAMP Class D High re-certification for its AtHoc platform and renewed share buyback plans. CIBC raised its price target to $8.50, while S&P Global maintained a Hold rating. QNX unit revenue hit a record $78.7 million last quarter.
ASML draws fresh attention from Wall Street in AI push

ASML draws fresh attention from Wall Street in AI push

Coatue Management disclosed a $655.4 million stake in ASML, while UBS raised its price target to €1,900. ASML reported Q1 net sales of €8.8 billion and expects 2026 sales between €36 billion and €40 billion. CEO Christophe Fouquet said chip demand, driven by AI, is outpacing supply. ASML’s U.S. shares closed nearly flat at $1,629.27, with a market cap near $641 billion.
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Stock Market Today

  • Daily Dividend Updates: General Dynamics, Sun Communities, W.R. Berkley, Johnson Controls, Nordson
    June 4, 2026, 1:43 PM EDT. General Dynamics declared a $1.59 quarterly dividend payable August 7, 2026. Sun Communities set a $1.12 per share distribution for Q2, payable July 15, 2026. W.R. Berkley announced a special 50-cent dividend plus increased its regular dividend by 11.1% to 10 cents, both payable July 2, 2026. Johnson Controls International approved a $0.40 quarterly dividend for July 10, 2026, continuing a dividend streak since 1887. Nordson declared a consistent $0.82 third-quarter dividend payable July 6, 2026. These dividends reflect corporate cash returns to shareholders amid ongoing market conditions.

Latest articles

Reddit Stock Is Running Hot Again. The Ad Bet Behind RDDT’s Sudden Jump

Reddit Stock Is Running Hot Again. The Ad Bet Behind RDDT’s Sudden Jump

4 June 2026
Reddit shares surged 6.3% to $180.19 Thursday after Loop Capital reiterated a Buy rating with a $260 target and investors responded to new automated app-ad tools; first-quarter revenue jumped 69% to $663 million, but risks remain as Reddit warns that search changes or weaker ad budgets could hurt traffic and results.
Keel Slides After AI Data Center Run-Up; Power Bottleneck in Focus

Keel Slides After AI Data Center Run-Up; Power Bottleneck in Focus

4 June 2026
Keel shares slipped 1.7% to $6.05 after a rapid surge of 19% in a week and 98% in a month, as investors focus on whether the company can secure AI data-center leases at its power-rich sites; first-quarter revenue fell 23% to $37 million with a $98 million operating loss, and delays or permit issues could threaten the stock’s momentum.
AT&T falls as SpaceX threat renews broadband concerns

AT&T falls as SpaceX threat renews broadband concerns

4 June 2026
AT&T shares plunged 3.7% to $22.69 after Oppenheimer downgraded the stock, warning SpaceX’s Starlink could disrupt the $1.6 trillion U.S. communications market and threaten broadband and mobile subscriber growth; the drop came as the Supreme Court upheld FCC fines against AT&T and as SpaceX moves toward a public listing, intensifying investor focus on broadband competition.

Nu Holdings Up After $1 Billion Buyback Plan, Analysts Cautious

4 June 2026
Shuttle Pharmaceuticals shares slid 3.2% to $0.507 as investors questioned its abrupt pivot from cancer-drug development to Dogecoin and Litecoin mining, with the stock trading well below the $1.03–$1.24 conversion prices in recent merger and financing deals and the company warning of substantial doubt about its ability to continue as a going concern.
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