Today: 5 June 2026
Browse Category

Technology 5 May 2026 - 6 May 2026

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo shares plunged about 30% Wednesday after CFO Amanda Whalen announced plans to step down later this year, despite the company beating first-quarter estimates and raising its 2026 revenue outlook. The stock traded near $16.33 by midday. The company forecast slower Q2 growth and lower margins, prompting Stifel to cut its price target. Whalen will stay through August 21 before moving to an advisory role.
6 May 2026
···
QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
6 May 2026
····
Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
6 May 2026
···
Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Holdings’ U.S. shares jumped 11% to $231.42 Wednesday before its fiscal Q4 results, lifted by optimism around AI infrastructure and AMD’s strong outlook. Wall Street expects Arm to post $1.47 billion in revenue and 59 cents EPS. UBS raised its price target to $245, citing server CPU market growth. Arm will report after the U.S. close and host a webcast at 22:00 BST.
6 May 2026
····
IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ will report first-quarter results after the market closes Wednesday, with analysts expecting revenue of $49.8 million and a loss of 46 cents per share. Shares rose 2.6% to $49.26 in morning trading, valuing the company at $14.5 billion. IonQ’s $1.8 billion SkyWater Technology acquisition remains pending regulatory and shareholder approval. The company launched a commercial InSAR satellite radar product on Monday.
6 May 2026
····
Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel shares jumped 6% in U.S. premarket trading Wednesday after AMD raised its server CPU growth forecast and reported a 57% surge in data-center revenue. Apple has held early talks with Intel and Samsung about making device processors in the U.S., Bloomberg reported. Intel’s Q1 revenue rose 7% to $13.6 billion, with its Data Center and AI unit up 22%.
6 May 2026
········
Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix shares fell 3.4% to $87.57 Tuesday after co-founder Reed Hastings disclosed a major insider sale ahead of his planned board departure in June. The stock traded below $88 in pre-market Wednesday, pressured by a weak second-quarter outlook and ongoing investor concerns. Hastings sold 407,550 shares on May 1, according to an SEC filing. Competition from Paramount and Disney continues to intensify.
6 May 2026
··
CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave will report first-quarter results May 7 after the market close, with Wall Street expecting a loss of 91 cents per share on $1.97 billion in revenue. Shares traded at $127.89, up 2% premarket. The company ended 2025 with a $66.8 billion revenue backlog and recently signed major deals with Meta, Anthropic, and Jane Street. Guidance calls for up to $2 billion in Q1 revenue and $30–$35 billion in 2026 capital spending.
6 May 2026
····
IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Ltd will acquire Mirantis Inc in an all-share deal worth about $625 million, expanding into cloud software and AI infrastructure. IREN shares rose 10.6% to $54.74 after the announcement. Mirantis will operate as a standalone subsidiary, supporting IREN’s AI cloud deployments. The deal is subject to regulatory approval and customary closing conditions.
6 May 2026
····
QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

The Invesco QQQ Trust ETF rose 1.3% to $681.61 in early premarket trading Wednesday, tracking gains in Nasdaq 100 futures after AMD reported a 38% jump in quarterly revenue and strong AI demand. AMD shares surged nearly 18% premarket, while other chip stocks and tech-focused ETFs also advanced. The S&P 500 and Nasdaq Composite closed at record highs Tuesday.
6 May 2026
·········
Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And FedEx

Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And FedEx

Amazon stock rose 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close. The company launched Amazon Supply Chain Services, opening its logistics network to outside businesses, prompting FedEx and UPS shares to drop over 9% Monday. Amazon’s first-quarter net income reached $30.3 billion, boosted by AWS sales growth and a $16.8 billion gain from Anthropic.
6 May 2026
··
AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD shares surged nearly 18% in premarket trading Wednesday after forecasting second-quarter revenue of about $11.2 billion, topping analyst estimates. First-quarter revenue rose 38% to $10.3 billion, driven by a 57% jump in data-center sales. Intel, Arm, and Qualcomm also gained before the bell. CEO Lisa Su said data centers are now AMD’s main growth engine.
6 May 2026
···
Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

Meta shares closed down 0.9% at $604.96 Tuesday as investors weighed rising AI spending against ad revenue growth. Five major publishers sued Meta in New York, alleging unauthorized use of copyrighted works to train its Llama AI models. Meta raised its 2026 capital expenditure forecast to up to $145 billion, citing higher data center and chip costs. Ireland’s media regulator opened probes into Facebook and Instagram under the EU Digital Services Act.
6 May 2026
···
U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

Nasdaq 100 futures rose 0.69% early Wednesday, boosted by AMD’s strong forecast and easing oil prices amid hopes for a U.S.-Iran deal. AMD reported Q1 revenue up 38% to $10.3 billion and projected Q2 revenue of about $11.2 billion. Super Micro Computer shares jumped 18% after raising its outlook. Brent crude fell 1.5% to $108.18 a barrel.
6 May 2026
·····
Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze shares rose $2.96 to $7.60 Tuesday after the company raised its 2026 revenue and adjusted EBITDA margin forecasts. First-quarter revenue climbed 12% to $38.7 million, with B2 Cloud Storage up 24% to $22.4 million. The company cited strong demand from AI customers, who now account for a growing share of business. Core backup services remain weak amid heavy competition.
5 May 2026
···
Akamai Stock Is Jumping Before Earnings: The API Security Bet Investors Are Watching

Akamai Stock Is Jumping Before Earnings: The API Security Bet Investors Are Watching

Akamai shares jumped about 10% Tuesday after launching new API security tools ahead of its first-quarter earnings report, with the stock near $116 and a market value of $16.8 billion. The company said its Security Posture Center will help firms measure and control API risks as incidents tied to AI rise. Cloudflare and Fastly also saw double-digit gains. Akamai’s earnings call is set for Thursday at 4:30 p.m. ET.
5 May 2026
····
Cipher Digital Stock Jumps After $200 Million Credit Line, New AI Data Center Lease

Cipher Digital Stock Jumps After $200 Million Credit Line, New AI Data Center Lease

Cipher Digital shares jumped 16% Tuesday after the company reported a wider first-quarter net loss of $114.3 million but announced a third AI data center campus lease and a $200 million revolving credit facility. Bitcoin mining revenue fell to $34.8 million from $49 million a year earlier. The company now claims $11.4 billion in contracted lease revenue and 907 megawatts of operating and contracted capacity.
5 May 2026
····
Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare shares jumped 7.9% Tuesday after the company said Forrester named it a leader in edge development platforms, ahead of its May 7 earnings report. The stock hit $244.02 intraday. Investors are watching if Cloudflare can convert rising AI and developer demand into profit. Cloudflare expects Q1 revenue of $620–$621 million.
5 May 2026
····
1 … 23 24 25 26 27 … 234

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.
Go toTop