Technology 1 June 2026

Amazon’s next stock driver is live now, Bank of America says

Bank of America is sticking with its Buy on Amazon.com and a $310 target, saying the company’s Leo satellite network is close to first revenue. The bank says this could give investors a new way to look at Amazon beyond its retail, ads, and cloud business. Analyst Justin Post said Amazon has picked up its launch pace—three launches just in the second quarter, and over 300 satellites up by mid-May.

2 June 2026

Amazon·NASDAQ:AMZN·NYSE:BAC·Stock Market·Technology

Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks

Sivers Semiconductors jumped Tuesday after the Swedish photonics company said it’s working with GlobalFoundries to deliver laser arrays for optical connections in AI data centers. That part of the chip market has been getting a closer look as copper lines run into limits in computing clusters.

2 June 2026

Artificial Intelligence·Data Centers·NASDAQ:SIVE·Technology

TSMC’s AI Shares Jump but Market Value Raises a Red Flag

Taiwan Semiconductor Manufacturing Co. hit new highs Tuesday, with AI enthusiasm bringing buyers back to Taiwan’s top stock. GuruFocus valuation screens flagged a growing disconnect between TSMC’s share price and its model-based fair value.

2 June 2026

Artificial Intelligence·NYSE:TSM·Semiconductors·Stock Market·Technology

Archer Aviation Drops Under $7 as Focus Turns to 2026 Air-Taxi Test

Archer Aviation Inc. traded under $7 before the U.S. open Tuesday, keeping shares down as investors remained cautious about the electric air-taxi firm’s 2026 plans while costs stayed high and revenue low.

2 June 2026

NYSE:ACHR·Stock Market·Technology

Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy stock popped up in pre-market trade Tuesday, after jumping 44% to close at $27.15 Monday. The battery storage group rallied behind news it’s part of a new power architecture for next-gen AI data centers involving Siemens and Nvidia. nVent Electric, which is also involved in the project, was up about 2.8%. Nvidia added 6.3%, according to Investors Business Daily.

2 June 2026

Energy Sector·NASDAQ:FLNC·NASDAQ:NVDA·NYSE:NVT·Technology·XETRA:SIE

Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta Platforms stock faces pre-market losses on Tuesday, after investors raised fresh questions over the Facebook and Instagram owner’s AI spending. Wall Street is again looking at how much Meta will spend to compete in artificial intelligence.

2 June 2026

Artificial Intelligence·NASDAQ:META·Stock Market·Technology

Alibaba up 6% as China tech stocks get a lift from AI trade

Alibaba Group Holding shares rallied in Hong Kong on Tuesday, closing at HK$130.80 after starting the session at HK$122.80. Investors picked up Chinese internet stocks linked to AI, with Alibaba trading between HK$123.40 and HK$131.20.

2 June 2026

HKG:9988·Technology

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell Technology gained around 7% in late U.S. trading after it rolled out a high-capacity networking chip aimed at AI data centers. That move adds to what has been a strong 2026 rally for the chipmaker, driven by demand for custom silicon and optical connectivity. Shares last traded at $219.43. The Invesco QQQ Trust, tracking growth names on the Nasdaq, was up roughly 0.6%.

2 June 2026

Artificial Intelligence·NASDAQ:MRVL·Semiconductors·Stock Market·Technology

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX is setting aside 5% of its IPO shares for certain employees and others picked by top management, according to a filing on Monday. Those shares won’t be hit by the typical IPO lock-up restrictions. An IPO is a company’s debut sale of shares to public investors, and a lock-up is when insiders are barred from selling.

2 June 2026

NASDAQ:SPCX·Stock Market·Technology

Keel Infrastructure shares jump again as single AI lease grabs focus

Keel Infrastructure Corp. climbed 7.39% to $6.10 on Monday, trading about 48.7 million shares on the session. Traders kept moving in after the company, which used to be Bitfarms, began focusing on AI data-center infrastructure instead of bitcoin mining. The stock started Monday at $5.58. Market cap closed at about $3.43 billion after the U.S. session.

2 June 2026

Artificial Intelligence·NASDAQ:KEEL·Stock Market·Technology

Arista Networks Stock Jumps Toward Record as AI Networking Bets Heat Up

Arista Networks shares closed up 7.65% at $171.68 on Monday, leaving the networking-equipment maker about 4.5% below its 52-week high, as investors chased another pocket of the artificial-intelligence infrastructure trade. The stock’s move added roughly $15 billion in market value on the day, based on the closing price and shares outstanding shown in market data.

1 June 2026

Artificial Intelligence·NYSE:ANET·Stock Market·Technology

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up after a bumpy Monday, helped by fresh Nvidia AI news that kept tech stocks active. Weakness in oil and U.S.-Iran jitters held back gains for the rest of the market.

1 June 2026

Artificial Intelligence·NASDAQ:INTC·NASDAQ:MSFT·NASDAQ:NVDA·NASDAQ:QCOM·Stock Market·Technology

Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Platforms Inc shares fell 4.3% to $605.45 in Monday afternoon trading, putting the Facebook parent near its session low even as the broader technology trade held up. The stock opened at $629.29, hit an intraday high of $637.21 and last traded close to its $605.17 low, with volume at about 18.2 million shares.

1 June 2026

NASDAQ:META·Stock Market·Technology

Marvell Shares Tick Up After Latest AI Move

Marvell Technology stock jumped around 9% to $223.36 in afternoon Nasdaq action, up nearly $18 and pushing its market cap close to $199.5 billion. The gain brought new focus to one of this year’s active AI infrastructure trades.

1 June 2026

Artificial Intelligence·NASDAQ:MRVL·Semiconductors·Stock Market·Technology

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber Technologies shares jumped Monday. Investors looked at a Nvidia-backed robotaxi push in Munich and new moves showing Uber is still focused on pushing delivery and local “super app” efforts.

1 June 2026

Autonomous Vehicles·NASDAQ:NVDA·NYSE:UBER·Stock Market·Technology

Archer Aviation stock moves up as investors watch for 2026 air-taxi test

Archer Aviation shares were up in Monday afternoon trading as the electric air-taxi company stayed on traders’ radar. Investors are weighing the company’s 2026 commercial launch targets against its ongoing high cash burn.

1 June 2026

NYSE:ACHR·Stock Market·Technology

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle shares climbed over 8% in Monday’s New York session, pushing the stock higher as investors came back to the software company on stronger AI-cloud demand, earnings momentum and some technical buying. Oracle last traded at $244.73, up $18.95, putting its market cap at $712.5 billion.

1 June 2026

Artificial Intelligence·NYSE:ORCL·Stock Market·Technology

TSMC Shares Up After Nvidia’s AI PC Push Brings Focus Back to Taiwan Chipmaker

TSMC’s U.S. shares picked up on Monday, up about 5.4% to $441.09 in late-morning New York trading after Nvidia’s new AI announcement in Taipei. Investors bought into the chip manufacturer, which builds chips for outside designers, sending its American depositary receipts higher.

1 June 2026

Artificial Intelligence·NYSE:TSM·Semiconductors·Stock Market·Technology

BlackBerry heads for $10 again as QNX bet draws interest

BlackBerry Ltd shares gained again Monday, nearing $10 in New York as investors continued to buy into the company’s software turnaround pitch.

1 June 2026

NYSE:BB·Technology

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Stocks were mixed late Monday, with the Dow in the red and the S&P 500 flat. Gains in artificial intelligence names managed to offset some of the pressure from oil, which climbed after new Middle East worries.

1 June 2026

Artificial Intelligence·NASDAQ:AAPL·NASDAQ:AMD·NASDAQ:INTC·NASDAQ:MSFT·NASDAQ:MU·NASDAQ:NVDA·NASDAQ:QCOM·Oil Prices·Stock Market·Technology

Technology 1 June 2026 - 2 June 2026