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Technology 13 May 2026 - 15 May 2026

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace shares surged 26.34% to close at $7.29 on Thursday, hitting a 52-week high of $7.65 before slipping to $7.15 after hours. The rally followed first-quarter profit and a memorandum with AMD to build AI infrastructure, though the company still reported a non-GAAP loss and uneven segment growth. Trading volume topped 39 million shares. Analyst Keith Bachman maintained a Hold rating with a $5 target.
14 May 2026
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AST SpaceMobile Stock Jumps as AT&T, Verizon and T-Mobile Move to End Dead Zones

AST SpaceMobile Stock Jumps as AT&T, Verizon and T-Mobile Move to End Dead Zones

AST SpaceMobile shares rose 11.8% to $83.66 after AT&T, T-Mobile, and Verizon agreed in principle to form a joint venture for satellite-based direct-to-device service. The company said it expects to play a central role as carriers seek to extend coverage beyond cell towers. The venture still requires definitive agreements. Competition includes SpaceX, Skylo, and Amazon’s Globalstar partnership.
14 May 2026
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US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

The Dow Jones closed above 50,000, with the S&P 500 and Nasdaq hitting new highs as Cisco shares surged after raising its AI infrastructure outlook and announcing nearly 4,000 job cuts. Nvidia gained after U.S. approval for Chinese firms to buy its H200 chips. Cerebras Systems soared 89% on its IPO debut. U.S. retail sales rose 0.5% in April; jobless claims increased by 12,000.
14 May 2026
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Dow Jones Today: Dow Closes Back Above 50,000 as Cisco’s AI Rally Reshapes the Market After the Bell

Dow Jones Today: Dow Closes Back Above 50,000 as Cisco’s AI Rally Reshapes the Market After the Bell

The Dow Jones Industrial Average closed above 50,000, rising 329.85 points to 50,023.05, as Cisco surged 12.8% to a record after raising its forecast and announcing AI-driven job cuts. The S&P 500 and Nasdaq also advanced. Inflation and oil concerns limited expectations for Federal Reserve rate cuts despite strong economic data.
14 May 2026
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Smart Powerr Stock Nearly Quadruples as Nasdaq Delisting Threat Shadows CREG

Smart Powerr Stock Nearly Quadruples as Nasdaq Delisting Threat Shadows CREG

Smart Powerr shares jumped to 78.83 cents, up nearly 59 cents from the previous close, after hitting 90.37 cents intraday. The surge followed news that Nasdaq warned the company over its sub-$1 share price and possible suspension. Trading volume reached about 395 million shares. The company said a hearing request would delay any suspension but gave no assurance of keeping its Nasdaq listing.
14 May 2026
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Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Inc. shares dropped 34 cents to $5.27 early Thursday after Freedom Broker downgraded the stock, citing weak advertising growth and ongoing cost pressures. First-quarter revenue rose 12% to $1.53 billion, but ad revenue increased just 3% and the company forecast lower profits for the second quarter. Snap faces competition from Meta, TikTok, and Pinterest as advertisers shift budgets.
14 May 2026
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Quantum Cyber Stock Surges As Drone Deal And Ex-VA Chief Put Defense Pivot In Focus

Quantum Cyber Stock Surges As Drone Deal And Ex-VA Chief Put Defense Pivot In Focus

Quantum Cyber N.V. appointed former acting U.S. Veterans Affairs Secretary Peter M. O’Rourke Sr. to its board Thursday, a day after announcing an exclusive drone technology license with BP United Inc. Shares surged 264% over the past week, reaching $1.34 premarket. The company, recently renamed from Mainz Biomed, reported a $16.2 million net loss and under $1 million in cash for 2025.
14 May 2026
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Cisco Stock Surges as AI Orders Boom and Nearly 4,000 Jobs Face Cuts

Cisco Stock Surges as AI Orders Boom and Nearly 4,000 Jobs Face Cuts

Cisco shares jumped as much as 22% in premarket trading after the company raised its sales forecast and announced a restructuring focused on AI. Cisco reported $15.8 billion in third-quarter revenue and raised its full-year outlook, while planning to cut fewer than 4,000 jobs. The company said it has taken $5.3 billion in AI infrastructure orders from hyperscalers so far in fiscal 2026. Restructuring costs are expected to reach $1 billion before tax.
14 May 2026
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Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

Ondas Inc. raised its 2026 revenue target to at least $390 million after first-quarter revenue jumped to $50.1 million, beating both its own and Wall Street estimates. Shares rose 14% in premarket trading. The company posted an operating loss of $42.7 million, while net income was boosted by a $389.5 million non-cash gain. Pro forma backlog reached $457 million at quarter’s end.
14 May 2026
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Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple warned the European Commission that proposed EU rules forcing Google’s Android to open core features to rival AI assistants could endanger privacy, security, and device performance. The Commission’s feedback period closed Wednesday, with a final decision expected by July 27. Apple argued the measures could set a precedent for its own platforms. Google also opposes the plan, calling it an “unwarranted intervention.”
14 May 2026
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Antelope Enterprise Stock Surges Again as AEHL’s Bitcoin Plan Draws a Fast-Moving Trade

Antelope Enterprise Stock Surges Again as AEHL’s Bitcoin Plan Draws a Fast-Moving Trade

Antelope Enterprise shares rose 30.1% to $4.71 in premarket trading Thursday after a 71.6% surge Wednesday. The rally follows disclosure of $190,000 in Bitcoin gains and a $95,000 buyback plan. Recent filings show a $200 million shelf registration and a 12 million-share sale at $0.207 each. Trading volume Wednesday hit 81 million shares, up from under 100,000 a week earlier.
14 May 2026
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Innoviz Technologies (INVZ) Stock Gets Fresh LiDAR Deal Boost Before Q1 Earnings

Innoviz Technologies (INVZ) Stock Gets Fresh LiDAR Deal Boost Before Q1 Earnings

Kela Technologies signed a framework deal to buy up to several hundred InnovizTwo LiDAR sensors from Innoviz, with potential to scale to thousands for defense uses. Innoviz also announced a separate software agreement with an unnamed autonomous-driving company. The news comes hours before Innoviz’s first-quarter 2026 results. Shares traded at $0.9165 ahead of the U.S. open, below the $1 Nasdaq compliance mark.
14 May 2026
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Ondas Inc. Stock Back in Focus After Rotron SkyLance Drone Test

Ondas Inc. Stock Back in Focus After Rotron SkyLance Drone Test

Ondas Inc.’s UK unit Rotron completed a firing test of the SkyLance long-range strike drone ahead of Ondas’ first-quarter earnings release. The company finished acquiring Rotron in March for $6.7 million in cash and 3.33 million shares. Ondas also merged with U.S. defense contractor Mistral in April in a $175 million deal, adding $264 million in backlog. First-quarter results are due before the May 14 earnings call.
14 May 2026
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Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix shares dropped 12.9% to $6.35 after hours Wednesday despite beating first-quarter revenue and adjusted-loss estimates. The decline followed news that smartphone battery qualification remains unfinished, with the company passing 72 of 75 customer tests. Revenue rose 49% to $7.6 million. Enovix cited progress in defense, industrial, and smart-eyewear sales.
14 May 2026
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KULR Stock Jumps as 300-Bitcoin Coinbase Transfer Tests Its Treasury Bet

KULR Stock Jumps as 300-Bitcoin Coinbase Transfer Tests Its Treasury Bet

KULR Technology Group deposited 300 bitcoin, valued at $24.36 million, into Coinbase Prime, according to Lookonchain, sparking speculation of a possible sale. KULR shares jumped 26.8% to $4.05 on heavy volume. The company, which holds over 1,000 bitcoin, widened its Q4 net loss to $44.3 million, citing a $28.3 million mark-to-market loss on Bitcoin. KULR reports Q1 results Thursday.
14 May 2026
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Cisco Stock Surges After Q3 Earnings as AI Orders Spark Job Cuts and Bigger Forecast

Cisco Stock Surges After Q3 Earnings as AI Orders Spark Job Cuts and Bigger Forecast

Cisco shares rose 14% in after-hours trading Wednesday after the company raised its annual revenue forecast and announced nearly 4,000 job cuts to fund AI investments. Fiscal Q3 revenue reached $15.8 billion, up 12%, with net income of $3.4 billion. Cisco now expects fiscal 2026 revenue of up to $63 billion. The company reported $5.3 billion in AI infrastructure orders so far this year.
13 May 2026
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Stock Market Updates

Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

Micron headed for $200 billion jump before the bell on AI memory deals

25 June 2026
Micron soared 16.7% premarket to $1,224.01 after locking in $100 billion of minimum-price customer contracts and $22 billion in projected deposits, signaling investors are valuing its multi-year supply deals and price floors over spot-market risks as DRAM and NAND prices surged, with management forecasting tight supply “beyond 2027” and fourth-quarter revenue guidance at $50 billion.
SoFi Stock Slips Before The Open As Stablecoin News Meets A Weak Nasdaq Tape

SoFi pushes at $18 after AI Composer agreement

25 June 2026
SoFi surged past Wall Street’s $18 median target after its Composer AI investing deal but closed at $17.31, with 74% higher-than-average volume; 2026 EPS estimates remain flat, and the stock trades at about 29 times expected earnings, as investors await signs of real revenue impact from the new product.
SpaceX Starlink launch times Vandenberg pace to investor watch

SpaceX Starlink launch times Vandenberg pace to investor watch

25 June 2026
Short interest in SpaceX (NASDAQ:SPCX) surged to 13% of free float as shares traded at $156.08 premarket after closing at $154.54, following the company’s 59th Starlink-linked Falcon 9 launch this year; Starlink now accounts for about 60% of SpaceX’s $18.67 billion revenue, but the company posted a $4.94 billion net loss after the xAI merger.
Alibaba sheds HK$88 billion after dispute over Anthropic Claude AI claim

Alibaba sheds HK$88 billion after dispute over Anthropic Claude AI claim

25 June 2026
Alibaba (HKG:9988) plunged 4.43% to HK$95.00, wiping out HK$88 billion in value, after Anthropic accused operators linked to Alibaba’s Qwen AI lab of making 28.8 million illicit Claude exchanges—1.8 times prior cases—raising fresh risks for Alibaba’s key AI-cloud growth story as U.S. security scrutiny intensifies.
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