Today: 5 June 2026
Browse Category

Technology 1 May 2026 - 3 May 2026

Uber’s Robotaxi Bet Gets a Hertz Boost as Earnings Loom

Uber’s Robotaxi Bet Gets a Hertz Boost as Earnings Loom

Uber will expand its robotaxi operations in San Francisco later this year, with Hertz’s Oro Mobility managing charging, maintenance, and depot staffing for its Lucid-Nuro autonomous fleet. Uber’s CTO said the company plans to equip some human-driven cars with sensors to collect road data for self-driving development. The moves come days before Uber’s Q1 results and signal a shift toward direct fleet operations.
Trump Media CEO Shake-Up Puts DJT Stock, Truth Social Spin-Off and $6 Billion Fusion Deal on the Line

Trump Media CEO Shake-Up Puts DJT Stock, Truth Social Spin-Off and $6 Billion Fusion Deal on the Line

Trump Media interim CEO Kevin McGurn is considering spinning off Truth Social and Truth+ from the company’s crypto and fusion-energy ventures. DJT reported a 2025 net loss of $712.3 million on $3.7 million revenue, with shares last at $9.39. The spin-off plan is not final and depends on deal approvals and investor response. McGurn was named interim CEO on April 21, replacing Devin Nunes.
Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

Asian suppliers now make up about 90% of Nvidia’s production costs, up from 65% last year, according to Bloomberg data. Shares of companies linked to Nvidia, including LG Electronics and Nanya Technology, rose last week after reports of new partnerships. Nvidia last traded at $198.45, down 0.6%, with U.S. markets closed Sunday. Samsung reported a surge in chip income and warned of possible supply shortages as AI demand grows.
Teradyne Stock Faces Fresh AI Test as 10-Q Shows Record Revenue, Limited Visibility

Teradyne Stock Faces Fresh AI Test as 10-Q Shows Record Revenue, Limited Visibility

Teradyne reported first-quarter revenue of $1.282 billion, nearly double last year’s figure, driven by surging demand for AI-linked semiconductor test equipment. Taiwan and Korea accounted for a combined 60% of sales, while China’s share fell. Gross margin rose to 60.9%. Management warned of weaker visibility and order timing risk for the second half.
MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

MaxLinear shares jumped 9.1% to $77.18 Friday after first-quarter infrastructure revenue rose 136% year over year, overtaking broadband as its largest segment. The company reported $137.2 million in revenue and a GAAP net loss of $45.1 million. Analysts raised price targets, but the stock now trades above some of those levels. MaxLinear guided second-quarter revenue to $160 million to $170 million.
Arm Holdings Faces Fresh Malaysia Probe Heat Days Before Its Next Earnings Test

Arm Holdings Faces Fresh Malaysia Probe Heat Days Before Its Next Earnings Test

Malaysia’s anti-graft agency has summoned former economy minister Rafizi Ramli for questioning over a $279 million government chip-design deal with Arm Holdings. Rafizi said he was called to appear May 4 in Putrajaya and could face criminal charges. The probe comes days before Arm’s May 6 earnings webcast. The deal, announced in March 2025, aimed to boost Malaysia’s chip-design sector.
Sivers Semiconductors’ Nasdaq Push Faces a May Deadline After Report Delay

Sivers Semiconductors’ Nasdaq Push Faces a May Deadline After Report Delay

Sivers Semiconductors shareholders face a May 5 deadline to give notice ahead of a May 11 vote on a 125 million crown share issue. The company delayed its 2025 annual report to May 15 for a U.S. audit uplift, as it considers a Nasdaq New York dual listing. Sivers shares last traded at 38.00 crowns on April 30, up 815% year-to-date. The new shares would dilute ownership by about 2.5% if approved.
Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Technologies shares jumped $3.19 to $21.49 after announcing a $40 million U.S. defense MRAM subcontract with Amentum Services, set to run through November 2028. First-quarter revenue rose to $14.9 million, with MRAM product sales at $14.1 million. The company posted a GAAP net loss of $0.3 million. Second-quarter revenue is forecast at $15.5 million to $16.5 million.
Lattice Semiconductor Stock Faces a Big Earnings Test After Sharp Run-Up

Lattice Semiconductor Stock Faces a Big Earnings Test After Sharp Run-Up

Lattice Semiconductor reports first-quarter earnings Monday with shares near record highs and analysts expecting 37% revenue growth from a year earlier. The company’s February guidance set revenue at $158–$172 million and adjusted earnings at 34–38 cents per share. CEO Ford Tamer and CFO Lorenzo Flores will discuss results and outlook in a call at 5 p.m. ET May 4. Investors are watching for signs of sustained demand and margin strength.
ASML Stock Slips After AI Surge as China Risk Tests 2026 Forecast

ASML Stock Slips After AI Surge as China Risk Tests 2026 Forecast

ASML’s U.S.-listed shares fell 0.83% to $1,427.02 on Friday as its Amsterdam listing remained closed for Labour Day. Investors are weighing a higher 2026 sales forecast against export controls on China. The company reported first-quarter net sales of €8.8 billion and net income of €2.8 billion. CEO Christophe Fouquet said chip demand is outpacing supply, with customers accelerating expansion plans.
BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

BlackBerry’s QNX software now runs in over 275 million vehicles and generated $268 million in revenue for fiscal 2026, nearly half the company’s total. The division’s quarterly revenue rose to $78.7 million from $65.8 million a year earlier. BlackBerry posted a $53.2 million profit for the year, reversing a prior loss. QNX faces pressure from larger competitors and open-source alternatives.
Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

U.S. antitrust regulators cleared Intel’s investment in SambaNova Systems, granting early termination for the deal and removing a key regulatory barrier. Intel raised its stake in the AI chip startup to 8.2% with a $35 million investment in February and plans another $15 million. The FTC decision does not endorse Intel’s strategy but ends the pre-closing review. Intel shares last closed at $99.62, up 5.44% on AI demand.
Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce will split AI-era revenue into two main categories, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82 after the announcement. Recast fiscal 2026 data shows Agentforce Apps brought in $26.7 billion, while Data 360, Platform & Other generated $12.7 billion. The company will provide recast data for fiscal 2025 and 2026 to allow year-over-year comparisons.
S&P 500 And Nasdaq Hit Records As Apple Rally Defies Oil Shock — For Now

S&P 500 And Nasdaq Hit Records As Apple Rally Defies Oil Shock — For Now

The S&P 500 and Nasdaq closed at record highs Friday, with the S&P 500 up 0.29% and the Nasdaq rising 0.89%, boosted by strong Apple earnings. The Dow fell 0.31%. Oil prices eased but remained above $100 a barrel, while Treasury yields stayed elevated. High-yield credit spreads neared multi-year lows as investors continued to buy risk assets despite ongoing tensions with Iran.
nVent Stock Jumps After Data-Center Demand Triggers a 2026 Forecast Reset

nVent Stock Jumps After Data-Center Demand Triggers a 2026 Forecast Reset

nVent Electric raised its 2026 sales and profit forecasts after first-quarter net sales jumped 53% to $1.24 billion and adjusted EPS climbed 63% to $1.09. Organic orders rose about 40% and backlog hit $2.6 billion, driven by data-center demand for liquid cooling and power equipment. Shares surged 13.3% to $161.94, pushing market value to $26.5 billion. The company now expects full-year sales growth of up to 28%.
Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Blackstone Inc. will launch Blackstone N1, a San Francisco-based unit consolidating its AI and high-growth tech investments, including stakes in OpenAI and Anthropic. Jas Khaira will lead the group and relocate from New York. The move comes as Blackstone’s $80 billion private credit fund saw first-quarter inflows slow and redemption requests rise. Blackstone shares rose 1.6% to $127.65 midday Friday.
1 25 26 27 28 29 234

Stock Market Today

  • First Tick: Global Market Cues and Indian Indices on June 5
    June 4, 2026, 11:12 PM EDT. Indian equity benchmarks Sensex and Nifty 50 are set to open marginally lower on June 5, tracking subdued GIFT Nifty signals, which traded flat around 23,502. On June 4, Indian markets ended range-bound as investors awaited the Reserve Bank of India's monetary policy decision. Global cues included a sharp 7% drop in South Korea's Kospi due to declines in Samsung and SK Hynix shares, a Wall Street rally buoyed by hopes for a U.S.-Iran peace deal, and mixed Asian currencies with the South Korean Won and Indonesian Rupiah among the worst performers. The dollar index was stable, while U.S. Treasury yields edged down. Crude oil prices were stable, pressured by dimming prospects of a ceasefire in the U.S.-Israeli-Iran conflict.

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