Today: 5 June 2026
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Technology 9 May 2026 - 11 May 2026

Everspin Stock Jumps After $40 Million Defense MRAM Deal: What Changed

Everspin Stock Jumps After $40 Million Defense MRAM Deal: What Changed

Everspin Technologies shares jumped 25% to $26.99 after announcing a $40 million U.S. defense subcontract with Amentum Services tied to domestic MRAM chip production. The Chandler, Arizona company reported first-quarter revenue of $14.9 million and a narrowed net loss of $0.3 million. The subcontract runs through late 2028 with milestone payments. Everspin’s market value reached about $624 million.
11 May 2026
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Palantir Stock’s Big AI Test: Blowout Growth, But Wall Street Still Wants Proof

Palantir Stock’s Big AI Test: Blowout Growth, But Wall Street Still Wants Proof

Palantir shares closed Friday at $137.80, up 0.55%, but still below their pre-earnings level. First-quarter revenue jumped 85% to $1.63 billion, prompting the company to raise its 2026 revenue forecast to as much as $7.66 billion. U.S. revenue more than doubled, driven by defense contracts. Investors remain cautious as the stock trades at a high valuation.
11 May 2026
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Archer Aviation Stock Faces a Crucial Test After UAE Air-Taxi Certification Move

Archer Aviation Stock Faces a Crucial Test After UAE Air-Taxi Certification Move

Archer Aviation’s Midnight aircraft has entered the UAE’s Restricted Type Certificate program, making it the first eVTOL maker on this regulatory track. The company reports Q1 results Monday after U.S. markets close; shares last traded at $6.48. Archer ended 2025 with $1.96 billion in cash but has not secured full FAA certification or generated significant revenue. Joby Aviation remains its main public-market rival.
11 May 2026
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Micron Stock Just Became the AI Memory Trade Wall Street Can’t Ignore

Micron Stock Just Became the AI Memory Trade Wall Street Can’t Ignore

Micron Technology’s market value topped $850 billion Friday as its shares surged to $746.81, driven by soaring demand for memory chips in AI systems. Quarterly revenue nearly tripled from a year earlier, with DRAM, NAND, and HBM sales hitting records. CEO Sanjay Mehrotra said supply remains tight, supporting high prices. Analysts warn the memory market’s boom-bust cycle could return if capacity expands too quickly.
10 May 2026
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Qnity Electronics Earnings This Week: Why the AI Chip-Materials Rally Faces Its First Big Test

Qnity Electronics Earnings This Week: Why the AI Chip-Materials Rally Faces Its First Big Test

Qnity Electronics will report first-quarter results before U.S. markets open Tuesday, with analysts expecting adjusted earnings of 92 cents a share. The stock closed Friday at $147.33, up 2.6%. Qnity began trading on the NYSE in November after separating from DuPont. The company reported 2025 net sales of $4.75 billion and forecast 2026 revenue of up to $5.17 billion.
10 May 2026
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AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback

AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback

AST SpaceMobile will report first-quarter results Monday following a 14.8% surge in shares Friday, as investors watch for updates after last month’s BlueBird 7 launch failure. The FCC recently cleared AST to deploy a 248-satellite constellation for direct-to-device service in the U.S. The company plans to launch three more BlueBird satellites in June aboard SpaceX’s Falcon 9. Analysts expect a first-quarter loss of 23 cents per share on $39 million revenue.
10 May 2026
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Why Hut 8 Stock Is Suddenly a $9.8 Billion AI Data Center Bet

Why Hut 8 Stock Is Suddenly a $9.8 Billion AI Data Center Bet

Hut 8 shares closed at $98.46 Friday, down $2.81, after announcing a $9.8 billion, 15-year Texas data center lease with a major tech firm. Rosenblatt and other brokerages raised targets on the stock, citing the shift from crypto mining to AI infrastructure. First-quarter revenue rose to $71 million, but net loss widened to $253.1 million due to digital-asset losses. Initial delivery at Beacon Point is expected in Q3 2027.
10 May 2026
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Samsung Electronics Strike Showdown: AI Chip Boom Faces Crucial 48-Hour Test

Samsung Electronics Strike Showdown: AI Chip Boom Faces Crucial 48-Hour Test

Samsung Electronics faces two days of government-backed wage mediation starting Monday, with its union threatening an 18-day strike from May 21 if no deal is reached. The union wants bonuses tied to 15% of operating profit, while shareholders warn against a strike-influenced settlement. Samsung just posted record Q1 revenue of 133.9 trillion won and 57.2 trillion won in operating profit.
10 May 2026
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Nokia Stock Bounces Back, But Its AI Rally Now Faces a Harder Test

Nokia Stock Bounces Back, But Its AI Rally Now Faces a Harder Test

Nokia’s U.S. shares rose 3.81% Friday, rebounding after a 6.37% drop Thursday, with Helsinki shares up 3.79%. The gains followed a first-quarter earnings beat driven by a 49% jump in AI and cloud customer sales. Nokia’s ADRs closed at $12.82, below the May 5 high of $13.98. The company kept its full-year profit target and raised 2026 growth expectations for its Network Infrastructure unit.
10 May 2026
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ServiceNow Stock Faces Wall Street Test as AI Push Fights ‘SaaSpocalypse’ Fears

ServiceNow Stock Faces Wall Street Test as AI Push Fights ‘SaaSpocalypse’ Fears

ServiceNow shares closed down 2.6% at $91.18 Friday, despite unveiling new AI governance tools at its Knowledge 2026 event in Las Vegas. CEO Bill McDermott dismissed concerns that AI could threaten the company’s subscription model. ServiceNow also announced expanded partnerships with Accenture and Nvidia, and introduced several new data and workflow products. The S&P 500 rose 0.84% on the day.
10 May 2026
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Google Stock Week Ahead: Alphabet’s $4.9 Trillion Run Faces EU Risk and Its Next AI Test

Google Stock Week Ahead: Alphabet’s $4.9 Trillion Run Faces EU Risk and Its Next AI Test

Alphabet’s EU antitrust talks remain unresolved after regulators gave Google more time to respond to concerns. Alphabet shares closed at $400.80, up 0.7%, with a market value of $4.86 trillion, trailing Nvidia’s $5.27 trillion. The company reported first-quarter revenue of $109.9 billion, up 22%, and Google Cloud revenue up 63% to $20 billion. Google’s cloud backlog nearly doubled to over $460 billion, driven by enterprise AI demand.
10 May 2026
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Apple Stock Week Ahead: AAPL Rally Faces CPI, AI and Intel Chip Deal Test

Apple Stock Week Ahead: AAPL Rally Faces CPI, AI and Intel Chip Deal Test

Apple shares traded at $293.32 Monday, near record highs, valuing the company at $4.32 trillion. Investors are watching for U.S. inflation data this week and weighing reports of a preliminary Intel chip deal. Apple recently posted March-quarter revenue of $111.2 billion and raised its dividend. CEO Tim Cook cited strong iPhone 17 demand but noted supply limits and rising memory costs.
10 May 2026
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Amazon Stock Week Ahead: AMZN Faces Fresh Test After AWS Outage, AI Rally

Amazon Stock Week Ahead: AMZN Faces Fresh Test After AWS Outage, AI Rally

Amazon shares closed Friday at $272.68, up 0.56%, as investors weighed AWS growth against rising AI spending and a North Virginia AWS outage. April inflation, producer prices, and retail sales data are due this week, with the S&P 500 and Nasdaq at record highs. Amazon reported Q1 net sales up 17% to $181.5 billion and AWS sales up 28% to $37.6 billion. First-quarter capital expenditures jumped 76% to $44.2 billion.
10 May 2026
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Texas Instruments Stock Is Back Near a Record. The TXN Rally Now Has a New Test

Texas Instruments Stock Is Back Near a Record. The TXN Rally Now Has a New Test

Texas Instruments shares closed at $287.80 Friday, up 0.9% and near a 52-week high, after Zacks Research raised its Q2 earnings estimate to $1.79 a share. First-quarter revenue rose 19% to $4.83 billion, led by industrial and data center demand. The company declared a $1.42 dividend and returned $6 billion to shareholders over the past year. Data-center business grew about 90% from a year earlier.
9 May 2026
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Nokia Stock Snaps Back After Selloff, But Its AI Bet Faces a Hard Test

Nokia Stock Snaps Back After Selloff, But Its AI Bet Faces a Hard Test

Nokia’s U.S.-listed ADR closed up 3.81% at $12.82 on Friday, with 95.9 million shares traded, rebounding after a mid-week drop. First-quarter comparable operating profit rose 54% to 281 million euros, beating analyst estimates. Sales to AI and cloud customers jumped 49%. Bank of America upgraded Nokia to Buy last month, citing its expanded U.S. cloud exposure.
9 May 2026
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The Hidden Billions Behind Corning’s Nvidia AI Deal Put GLW Back in Focus

The Hidden Billions Behind Corning’s Nvidia AI Deal Put GLW Back in Focus

Nvidia has paid Corning several billion dollars upfront to fund new U.S. factories, a larger sum than previously disclosed, executives told CNBC. The deal will expand Corning’s optical fiber production, add three plants in North Carolina and Texas, and create over 3,000 jobs. Nvidia also bought $500 million in Corning warrants. Corning raised its long-term sales targets at a May 6 investor event.
9 May 2026
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Zoom Communications Stock Is Back Near Highs. Earnings Will Test the AI Push

Zoom Communications Stock Is Back Near Highs. Earnings Will Test the AI Push

Zoom Communications shares closed at $109.21 Friday, up from $108.36, ahead of its May 21 earnings report. The company faces investor scrutiny after COO Aparna Bawa’s resignation and as it promotes new AI features. Fiscal 2026 revenue rose 4.4% to $4.87 billion. Analysts’ average price target remains below the current share price.
9 May 2026
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Aehr Test Systems Stock Jumps as AI Orders Put $41 Million Win in Focus

Aehr Test Systems Stock Jumps as AI Orders Put $41 Million Win in Focus

Aehr Test Systems shares rose 6.5% to $97.23 after a record $41 million AI chip order from its lead hyperscale customer. Fiscal Q3 revenue dropped 44% to $10.3 million, with a net loss of $3.2 million. Bookings for the quarter reached $37.2 million, and the company expects full-year fiscal 2026 revenue at the high end of its $45 million–$50 million range.
9 May 2026
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Sandisk Stock Surges Again as AI Storage Demand Puts SNDK in Wall Street’s Fast Lane

Sandisk Stock Surges Again as AI Storage Demand Puts SNDK in Wall Street’s Fast Lane

Sandisk shares jumped 16.5% to $1,562.34 Friday, lifting its market value to $245 billion as AI-driven demand for flash storage surged. The company reported fiscal Q3 revenue of $5.95 billion, up 97% from the prior quarter, and forecast Q4 revenue as high as $8.25 billion. Datacenter revenue rose 233% sequentially. Investors are watching Sandisk’s $41.6 billion in long-term supply agreements for signs of stability.
9 May 2026
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Stock Market Today

  • Asia-Pacific Stocks Fall as Wall Street AI Chip Stocks Decline Amid Middle East Tensions
    June 4, 2026, 8:41 PM EDT. Asia-Pacific markets are set to open subdued following a sharp drop in Wall Street's AI-linked chip stocks, with South Korea's Kospi plunging 4.11%, led by Samsung and SK Hynix. Japan's Nikkei 225 and Australia's S&P/ASX 200 also declined. The sell-off in technology shares followed Broadcom's 12% drop after missing revenue forecasts. The Dow Jones hit a record high, but the Nasdaq slipped 0.09% as investors rotated out of semiconductor stocks. Ongoing Middle East tensions and mixed peace negotiations continue to weigh on markets globally, driving spikes in oil and gasoline prices, adding pressure to risk sentiment in the region.

Latest articles

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
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