Today: 25 June 2026
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Technology 28 May 2026 - 29 May 2026

Intel draws $150 target in AI drive, Wall Street says

Intel Shares Hold After AI Surge, Arc Chip Plays Developing

Intel shares closed at $120.89 Thursday, down 0.72%, after the company launched its Arc G-Series chips for handheld gaming PCs. Acer unveiled its Predator Atlas 8 using the new chips, with shipments from Acer, MSI, and OneXPlayer set for June. Intel’s stock remains near its May 11 high of $132.75, driven by strong data center CPU demand and recent AI orders. First-quarter revenue rose 7% to $13.6 billion.
29 May 2026
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Super Micro Computer Launches Edge AI Servers as SMCI Faces Margin and Compliance Test

Super Micro extends rally, compliance risk remains in focus

Super Micro Computer shares rose 8.1% to $41.30 Thursday after the company reported working with Taiwanese authorities to stop illegal server exports to China, resulting in three arrests and 50 servers seized. Super Micro’s market cap reached $28.6 billion. Dell raised its full-year outlook on strong AI server demand. Nvidia’s data-center revenue hit a record $75.2 billion, boosting related stocks.
29 May 2026
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Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia shares fell 2.74% to 12.96 euros in Helsinki by late Friday morning, underperforming the OMX Helsinki 25 index. The drop followed two weak U.S. sessions for Nokia’s American depositary receipts, which slid over 7% across Wednesday and Thursday. Investors trimmed positions after a sharp AI-driven rally. Nokia recently raised its 2026 Network Infrastructure sales growth forecast to 12%-14%.
29 May 2026
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Ondas Shares Jump on Drone Funding Talks and New Filings

Ondas Shares Jump on Drone Funding Talks and New Filings

Ondas shares closed at $13.25 after a surge in drone and defense-tech stocks Thursday, following reports of possible U.S. government funding for the sector. The company registered 2.7 million shares for resale tied to its $196.6 million Omnisys acquisition. First-quarter revenue rose to $50.1 million, up tenfold from a year earlier. Shareholders approved an increase in the stock incentive plan to 81 million shares.
29 May 2026
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Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Shares Miss Out on Nasdaq Record; Focus Shifts to Ads

Netflix shares fell 1.2% to $86.36 late Thursday, missing out as the Nasdaq and S&P 500 closed at record highs after news of a U.S.-Iran ceasefire extension. Paramount Skydance’s $110 billion deal for Warner Bros. Discovery is likely to win U.S. antitrust approval, after Netflix exited the bidding. Netflix’s Q1 revenue rose 16% to $12.25 billion, with ad revenue expected to double this year.
29 May 2026
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Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla shares closed up 0.4% at $442.10 on Thursday, marking a sixth straight gain as European sales rebounded and tech optimism outweighed concerns over self-driving features. April registrations in Europe rose 46.5% to 10,654 vehicles, but BYD remained ahead with 27,008. Tesla’s Q1 production exceeded deliveries by about 50,000 units. Safety experts and ex-employees raised new doubts about Tesla’s Full Self-Driving system.
29 May 2026
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SentinelOne Sinks After Forecast Disappoints, Plans to Cut 8% of Jobs

SentinelOne shares fell 18.65% to $14.66 after hours Thursday as the company forecast second-quarter revenue below Wall Street estimates and announced plans to cut about 8% of staff. The firm expects Q2 revenue of $289–$291 million, under the $292 million consensus. SentinelOne will take a $25 million restructuring charge tied to layoffs and a shift toward AI, data, and cloud.
29 May 2026
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Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta reported first-quarter revenue of $765 million, up 11% and above analyst estimates, with adjusted EPS of 91 cents. Shares rose 5.8% to $94.72, gaining further after hours. GAAP net income reached $74 million, and current remaining performance obligations grew 12% to $2.499 billion. New products accounted for 35% of bookings this quarter.
28 May 2026
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Synopsys Slides After Upping AI Outlook

Synopsys Slides After Upping AI Outlook

Synopsys shares fell 9.4% to $476.40 Thursday despite raising its fiscal 2026 outlook after beating Q2 sales estimates. Traders cited weaker chip-IP demand and costs from recent deals, while Design IP revenue dropped to $454.2 million from $482 million. Jesse Cohn of Elliott Investment Management will join the board June 1. Cadence shares slipped 0.3%; the VanEck Semiconductor ETF rose 0.9%.
28 May 2026
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Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation shares rose 6.5% to $12.23 Thursday, valuing the company at about $11.5 billion, despite no new press release or operational update. Chief Policy Officer Gregory Bowles sold 8,088 shares last week under a pre-set plan, according to an SEC filing. Joby reported $24.2 million in Q1 revenue and a $110 million net loss. The company holds $2.5 billion in cash and targets passenger service launches later this year.
28 May 2026
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Little Nasdaq tech name jumps 3x as traders dig into new filing

Little Nasdaq tech name jumps 3x as traders dig into new filing

3 E Network Technology Group shares surged 210% to close at $4.28 on Nasdaq after interim results showed half-year revenue more than doubled to $3.72 million, but the company swung to a net loss of $209,487. Trading volume topped 132 million shares. Cash fell to $35,284 at year-end, and the company said it will need more capital to fund its plans. Gross margin dropped to 44% as costs rose sharply.
28 May 2026
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Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Holdings shares fell 1.8% to $3.575 in New York Thursday, underperforming the tech sector as investors weighed its deeper push into Indonesian digital banking. The company will consolidate Superbank as a subsidiary after crossing a 50% stake, reporting its results from May. Superbank’s assets grew 72% year-on-year in April, with net interest income up 84%. Analyst price targets for Grab have come down slightly this month.
28 May 2026
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Amprius Technologies Soars 26% After Jump

Amprius Technologies Soars 26% After Jump

Amprius Technologies shares surged 26.5% to $21.70 Thursday, with volume topping 13 million. The rally followed insider-sale filings and a recent short-seller report, but no new company announcements since May 19. CEO Thomas Stepien and other insiders disclosed stock sales tied to vesting awards. First-quarter revenue rose 153% to $28.5 million, and Amprius raised its 2026 revenue outlook.
28 May 2026
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Marvell up after $10B custom-chip goal gives AI story a boost

Marvell up after $10B custom-chip goal gives AI story a boost

Marvell Technology shares rose 2.4% to $203.50 Thursday after the company projected annual custom-chip revenue above $10 billion by fiscal 2029. First-quarter revenue jumped 28% to $2.418 billion, with data center sales making up 76% of the total. Marvell’s GAAP net income fell to $34.5 million. The company reported strong AI-related bookings and expects $1 billion in prepayments this year to secure supply.
28 May 2026
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AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD shares rose 5.1% to $520.93 in midday trading Thursday, outpacing Nvidia and Intel as investors returned to chip stocks. The move follows AMD’s announcement of over $10 billion in investments across Taiwan’s chip sector and continued demand for its AI-focused CPUs and GPUs. The iShares Semiconductor ETF gained 1.9%. CEO Lisa Su said supply will increase each quarter through 2027.
28 May 2026
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Photronics Sinks 32% After Q2 Miss

Photronics Sinks 32% After Q2 Miss

Photronics shares plunged 32% Thursday after the company missed quarterly revenue and earnings estimates and cut guidance for the current quarter. Revenue fell to $209.9 million, below forecasts, with IC sales down 5% year over year. The stock last traded at $36.22 on heavy volume. The iShares Semiconductor ETF rose 1.35% in late morning trading.
28 May 2026
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Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro shares rose 6.2% to $40.57 Thursday after the company reported Taiwanese officials arrested three suspects and seized 50 servers linked to illegal exports to China. The company also announced a major AI-cloud deployment in Europe with Verda. Trading volume exceeded 18 million shares. Super Micro forecast quarterly revenue of $11 billion to $12.5 billion.
28 May 2026
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Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
28 May 2026
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Stock Market Updates

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

25 June 2026
Micron soared 16.34% after hours as customers locked in nearly $100 billion in future supply obligations—about 2.4 times its latest quarterly revenue—fueling a $400 billion surge in chip stocks and reversing the tech selloff that erased over $1 trillion from the Nasdaq 100 this week.
Western Digital falls after AI-storage rally, investors look to Micron

Western Digital falls after AI-storage rally, investors look to Micron

25 June 2026
Western Digital (NASDAQ:WDC) shares dropped about 4% after a multi-week rally fueled by AI storage demand, as investors awaited Micron Technology’s earnings for new signals on enterprise storage spending; analysts cite a persistent hard-disk supply deficit that could support pricing into 2027, with Morgan Stanley raising its price target to $650.
BlackBerry falls with volume outpacing buyback plan ahead of earnings

BlackBerry falls with volume outpacing buyback plan ahead of earnings

25 June 2026
BlackBerry closed down 2.3% at $8.62 despite Stifel initiating coverage with a Buy and $12 target—39% above the close—while trading volume of 38.3 million shares far exceeded its entire buyback authorization, highlighting investor focus ahead of Thursday’s Q1 results and underscoring the limited impact of BlackBerry’s capital return plan.
Opendoor slides after landing in Russell 3000, liquidity and dilution concerns follow

Opendoor edges up before Russell 3000 move, soft housing numbers weigh

25 June 2026
Santos shares closed down 0.96% at A$7.24 after Brent crude slumped US$3.34 to US$73.74, cutting potential annual gross sales from its new Pikka project by about US$50 million at plateau rates; Pikka’s ramp to 80,000 barrels per day is key, as oil price swings now have a direct impact on Santos’ production-linked revenue and its US$2.5 billion net debt reduction target.
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