Today: 5 June 2026
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Technology 6 May 2026 - 8 May 2026

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot’s first-quarter revenue rose 23% to $881 million, beating estimates, but shares fell 11.9% after the company warned of a slow start to the second quarter and longer sales cycles tied to new AI-based pricing. Net income reached $32.6 million, reversing a year-ago loss. Customer count climbed 16% to 299,458. HubSpot forecast second-quarter revenue of up to $898 million.
8 May 2026
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Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Kunlunxin, Baidu’s AI chip unit, has started the process for a Shanghai STAR Market IPO while maintaining plans for a Hong Kong listing. Baidu’s Hong Kong shares rose 5.75% after the news. The move comes as Chinese investors seek domestic AI chipmakers amid U.S. export curbs. Kunlunxin signed a pre-IPO tutoring agreement with China International Capital Corp on April 29.
8 May 2026
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Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog reported first-quarter revenue above $1 billion for the first time, up 32% to $1.006 billion, and raised its 2026 sales forecast to as much as $4.34 billion. Shares jumped $45.02 to $188.73. The company said it had 4,550 large customers at the end of March, up 21% from a year earlier. Datadog also launched GPU Monitoring and secured FedRAMP High certification for its government product.
8 May 2026
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Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it shifts to an AI-first model. Shares dropped more than 13% after its second-quarter revenue forecast missed Wall Street estimates. The company expects up to $150 million in charges from the restructuring, mostly in the second quarter. First-quarter revenue rose 34% to $639.8 million, with net loss narrowing to $22.9 million.
8 May 2026
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Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics shares dropped over 10% in post-market trading Thursday after first-quarter revenue and second-quarter guidance missed analyst estimates. Quarterly revenue rose 51% to $151.1 million, but the company posted a GAAP net loss of $14.3 million. Data-center revenue more than doubled to $81.4 million. The company completed its first volume shipment of 800G products to a hyperscale customer.
8 May 2026
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Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies shares dropped 13% after its Level 3 unit priced $1 billion in 7.5% senior notes due 2037, raising concerns about its debt. First-quarter revenue fell 9% to $2.9 billion, with adjusted loss widening to 47 cents a share. Lumen agreed to buy Alkira for $475 million in cash. Long-term debt stood at $12.96 billion as of March 31, down from $17.44 billion at 2025’s end.
7 May 2026
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Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software reported a 17% jump in first-quarter revenue to $508.2 million, but a $279 million impairment charge drove its net loss to $347 million. Shares fell 1.8% midday. Adjusted EBITDA rose to $138 million, and free cash flow climbed to $66 million. CEO Matt Bromberg said AI-driven ad system Vector saw revenue rise 80% year over year.
7 May 2026
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DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

Docusign appointed Redis CEO Rowan Trollope to its board, effective May 2, according to a regulatory filing Wednesday. Shares rose 4.1% to $48.43 after the announcement. Trollope, 53, fills a Class III director seat expiring in 2027. The move comes as Docusign expands into contract-management software beyond e-signatures.
7 May 2026
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Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies shares surged over 30% in U.S. trading Thursday after the company forecast a second-quarter rebound and declared a cash dividend. First-quarter revenue reached $199 million, down 2% from the prior quarter but at the top end of guidance. Himax expects Q2 revenue to rise 10–13%, with gross margin near 32%. Automotive chip sales and WiseEye AI for smart glasses drove investor focus.
7 May 2026
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Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm shares surged 11% to $213.93 Thursday after the company disclosed a leading hyperscaler will receive its custom AI chips later this year. The stock touched $223.58 intraday, lifting its market value to $229 billion. Fiscal Q2 revenue reached $10.6 billion, with $5.4 billion in share buybacks so far in 2026. Investors debated whether Qualcomm remains undervalued as AI chip demand grows.
7 May 2026
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BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry’s QNX unit will demonstrate its real-time operating system for AI-enabled robots, medical devices, and factory automation at the Robotics Summit in Boston on May 27-28. QNX reported a 20% revenue jump to $78.7 million last quarter, with a royalty backlog of $950 million. BlackBerry shares recently traded at $5.91, down 1.3% in early New York trading.
7 May 2026
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Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake shares rose about 10% Thursday to $153.21 amid a sector rally sparked by Datadog’s raised outlook. The stock remains down 35% for the year, with investors watching AI-driven demand ahead of Snowflake’s next earnings report. Datadog shares jumped 29% after reporting $1.01 billion in Q1 revenue. Snowflake last posted 30% product revenue growth and guided for 27% growth in the coming quarter.
7 May 2026
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Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
7 May 2026
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Snap Stock Slides After Q1 Revenue Jump As Perplexity Deal Ends And Guidance Stays Cautious

Snap Stock Slides After Q1 Revenue Jump As Perplexity Deal Ends And Guidance Stays Cautious

Snap Inc. reported first-quarter revenue up 12% to $1.53 billion and daily active users rising to 483 million, but shares fell 5% in late trading after a cautious second-quarter forecast and the end of its $400 million Perplexity AI deal. Net loss narrowed to $89 million. North America user numbers and revenue growth remained weak. The company cited Middle East uncertainty as a near-term drag.
6 May 2026
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Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell shares rose about 10% Wednesday, reaching $238.84, as demand for AI servers boosted the stock. The company will ask shareholders to approve moving its legal home from Delaware to Texas at its June 25 annual meeting. Michael Dell and Silver Lake hold enough voting power to influence the outcome. Dell’s market value stood at roughly $158.3 billion in afternoon trading.
6 May 2026
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CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW shares fell 19.5% intraday after first-quarter gross margin dropped to 21.0% from 21.6%, despite net sales rising 9.2% to $5.68 billion. Adjusted earnings of $2.28 per share missed analysts’ estimates by one cent. Investors focused on a shift toward lower-margin hardware sales. The stock traded at $110.11, down $26.69 from Tuesday’s close.
6 May 2026
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Stock Market Today

  • George Santos Investigated for Prediction Market Trades Amid Threat Controversy
    June 4, 2026, 9:57 PM EDT. Former U.S. Representative George Santos is under investigation by the U.S. Justice Department and Commodity Futures Trading Commission for allegedly trading on Kalshi, a prediction market, by misleading the public about attending former President Trump's State of the Union address. Santos reportedly bet against his own attendance while publicly expressing excitement to attend, prompting scrutiny. The Kalshi referral has reached federal authorities in the Southern District of New York and Washington. Santos denied an investigation, claiming his lawyers found no such probe and issued a violent threat toward a reporter, intensifying concern amid his prior congressional misconduct and history of falsehoods.

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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