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Technology 29 April 2026 - 1 May 2026

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku raised its 2026 platform revenue forecast to nearly 21% growth, or about $5.0 billion, after first-quarter advertising and subscription sales beat expectations. Shares climbed 4.2% Friday, with the stock up 10% in after-hours trading. Platform revenue rose 28% to $1.13 billion, while devices revenue fell 16%. Rising memory costs remain the main risk for the second half.
Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Twilio raised its 2026 revenue-growth forecast to 14%-15% after first-quarter sales and adjusted earnings topped estimates. Shares surged about 20% Friday, trading near $178.39. First-quarter revenue rose 20% to $1.407 billion, with adjusted earnings at $1.50 a share versus $1.27 expected. Voice revenue climbed 20%, driven by demand for AI-enabled products.
Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Rothschild & Co Redburn initiated Ciena with a Neutral rating and a $416 target, about 22% below Friday’s $534.43 share price, citing that much of the optical-networking upside is already priced in. Ciena reported Q1 revenue of $1.43 billion, up 33%, and raised its 2026 forecast. The company will showcase new optical products at ABRINT 2026 in São Paulo next week.
Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Sandisk reported third-quarter revenue of $5.95 billion, up 97% from the prior quarter, and GAAP net income of $3.62 billion. The company announced a $6 billion share buyback and forecast fourth-quarter revenue above Wall Street estimates. Five new customer agreements now guarantee over $11 billion and cover a third of 2027 supply. Shares fell more than 6% despite the results.
Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian shares surged 22% Friday after the company beat quarterly estimates and raised its annual revenue forecast. Fiscal Q3 revenue climbed 32% to $1.787 billion, but Atlassian posted a $98.4 million net loss after restructuring charges. Cloud revenue rose 29% as customers expanded Jira use and adopted more AI features. Remaining performance obligations jumped 37% to $4.0 billion.
Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Nokia’s U.S.-listed shares rose to $13.62 Friday after reporting a 49% jump in first-quarter sales to AI and cloud customers, totaling €1 billion in orders. Comparable operating profit climbed 54% to €281 million, beating analyst estimates. The company raised its 2026 growth target for network infrastructure sales to up to 14%. Nokia also agreed to sell its fixed wireless access CPE business to Inseego.
Apple Inc Stock Rises as $100 Billion Buyback and iPhone 17 Demand Reset CEO Handoff

Apple Inc Stock Rises as $100 Billion Buyback and iPhone 17 Demand Reset CEO Handoff

Apple forecast stronger-than-expected June-quarter sales and approved a new $100 billion stock buyback, sending shares up 0.3% premarket to $271.35. Fiscal Q2 revenue rose 17% to $111.2 billion, with iPhone sales at $56.99 billion, slightly below estimates due to chip supply limits. Apple raised its dividend 4% and dropped its net cash neutral target. Cook warned higher memory costs will impact results from June.
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
Rezolve AI Stock Rises After Revenue Tops All of 2025 in 90 Days

Rezolve AI Stock Rises After Revenue Tops All of 2025 in 90 Days

Rezolve AI reported $60 million in first-quarter revenue, surpassing its audited 2025 total of $46.8 million, based on unaudited accounts. Shares rose 4.9% after the update. The company reaffirmed its $360 million 2026 revenue target and said it can reach profitability without new equity sales. Commerce.com, which rejected Rezolve’s all-stock takeover offer, adopted a poison pill defense.
Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

Hertz shares surged over 20% Thursday after it launched Oro Mobility, an affiliate set to manage Uber’s robotaxi and human-driven fleets in key U.S. markets. Oro will support Uber’s autonomous program with Lucid vehicles using Nuro self-driving tech, starting in the San Francisco Bay Area later this year. Hertz traded at $6.80, up $1.20; Uber fell 38 cents to $74.09. Hertz reports first-quarter results May 7.
Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Marvell Technology shares rose about 3% Thursday after Big Tech firms signaled AI spending would exceed $700 billion this year. Nvidia slipped 1.6% but announced a $2 billion investment in Marvell and a partnership on AI infrastructure. Marvell reported record fiscal 2026 revenue of $8.2 billion, while Nvidia posted $215.9 billion for the year. Google is in talks with Marvell to develop two new AI chips.
HP’s HyperX Launch Puts Gaming Back in Focus as HPQ Stock Tries to Recover

HP’s HyperX Launch Puts Gaming Back in Focus as HPQ Stock Tries to Recover

HP Inc. unveiled new HyperX gaming accessories Thursday, including the Clutch Talon controller ($159.99) and Cloud Stinger 3 headsets (from $49.99), alongside updated NGENUITY software. The launch comes as HP’s Personal Systems revenue rose 11% to $10.3 billion last quarter, while printing fell. Shares rose 0.3% to $20.21. Interim CEO Bruce Broussard is leading the company after Enrique Lores stepped down in February.
FuelCell Energy Stock Jumps as AI Power Boom Puts FCEL Back in Play

FuelCell Energy Stock Jumps as AI Power Boom Puts FCEL Back in Play

FuelCell Energy shares jumped 37% Wednesday, trading near a one-year high at $13.64 premarket Thursday, as investors bet on fuel-cell demand for AI data centers. Rival Bloom Energy reported Q1 revenue up 130% to $751.1 million and will supply up to 2.45 GW of fuel cells to Oracle’s Project Jupiter. FuelCell’s January-quarter revenue rose 61% to $30.5 million but it posted a net loss of $26.1 million.
Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Web Services reported 28% revenue growth to $37.6 billion, its fastest in 15 quarters, pushing Amazon shares up 1.4% early Thursday. First-quarter net sales rose 17% to $181.5 billion, with net income at $30.3 billion, boosted by gains from Anthropic. Amazon forecast second-quarter sales of $194–$199 billion. Google Cloud grew 63% to $20 billion, outpacing AWS’s growth rate.
Alphabet Stock Jumps After Google Cloud Turns AI Spending Into a Q1 Earnings Beat

Alphabet Stock Jumps After Google Cloud Turns AI Spending Into a Q1 Earnings Beat

Alphabet Inc. shares jumped 6.1% in premarket trading after reporting record Google Cloud revenue of $20 billion, up 63% in the first quarter. Total revenue rose 22% to $109.9 billion, with net income up 81% to $62.6 billion, boosted by a $36.9 billion equity gain. Alphabet raised its 2026 capital spending forecast to as much as $190 billion and began selling its custom AI chips directly to customers.
Dow Futures Drop as Oil Shock Threatens Big Tech’s AI Rally

Dow Futures Drop as Oil Shock Threatens Big Tech’s AI Rally

Dow futures fell 269 points, or 0.6%, early Thursday, while S&P 500 futures slipped 0.1% and Nasdaq 100 futures edged up 0.1%, as rising oil prices offset strong earnings from Alphabet and Amazon. Brent crude climbed on reports President Trump would be briefed on possible military action against Iran. Alphabet reported Q1 revenue up 22% to $109.9 billion; Amazon net sales rose 17% to $181.5 billion.
QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line

The Invesco QQQ Trust closed up $3.99 at $661.57 Wednesday as investors positioned ahead of earnings from Microsoft, Alphabet, Amazon, and Meta. Volume topped 30 million shares. Microsoft and Alphabet reported strong cloud and AI-driven revenue growth after the bell. The broader Nasdaq Composite edged up 0.04%, while the S&P 500 slipped 0.04%.
Microsoft Stock Falls After Earnings Beat as Azure Growth Hits 40% and AI Revenue Surges

Microsoft Stock Falls After Earnings Beat as Azure Growth Hits 40% and AI Revenue Surges

Microsoft reported fiscal Q3 revenue of $82.9 billion, up 18%, and net income of $31.8 billion, up 23%, beating analyst estimates. Azure revenue jumped 40%, and AI business annual run rate hit $37 billion, up 123%. Shares fell over 2% after hours as investors focused on rising capital expenditures, which climbed 49% to $31.9 billion. Free cash flow dropped to $15.8 billion from $20.3 billion a year earlier.
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Stock Market Today

  • US IPO Frenzy: A Peak Signal for Stock Market Bull Run?
    June 5, 2026, 12:25 AM EDT. The US stock market faces an IPO frenzy led by SpaceX's historic $75 billion listing, potentially valuing the company at $1.77 trillion. This could mark a pivotal moment in the long-standing bull market since 2009. Major tech firms like Anthropic, OpenAI, Databricks, Stripe, Shein, and Revolut are preparing massive public offerings, collectively raising trillions. Investors weigh excitement against caution, noting that the intense IPO activity often signals the peak of market optimism. Also, many of these companies remain unprofitable, complicating fair valuations amid a risk-on environment. Analysts warn that such late-stage IPO surges resemble prior bubbles, like the dotcom boom, and could trigger significant market corrections. The influx of these mega listings could reshape global markets, making this one of the most concentrated IPO periods in history.

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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