Technology 5 May 2026

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

CoreWeave steps into the spotlight after Thursday’s close with its first-quarter results, setting up a test for how much investors are still willing to pay for a big pile of AI cloud contracts—even as the price tag for expansion climbs. The company’s results call is slated for May 7 at 5 p.m. ET. Ahead of the U.S. market open, shares last traded at $127.89, putting them up about 2% from the previous close.

6 May 2026

NASDAQ:QFOR·NYSE:BAC·NYSE:JEF·Stock Market·Technology

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

IREN Ltd plans to acquire Mirantis Inc in an all-share transaction pegged at roughly $625 million, a move that folds cloud software and enterprise support into the ex-bitcoin miner’s expanding AI infrastructure push. Mirantis specializes in cloud platforms and Kubernetes orchestration—software for managing and deploying apps at scale.

6 May 2026

Artificial Intelligence·Cloud Computing·LSE:IREN·Stock Market·Technology

Uber Just Put Lyft on the Spot With a Strong Bookings Forecast

Uber Technologies sent shares up roughly 8% premarket Wednesday after projecting second-quarter bookings that topped Wall Street forecasts. The San Francisco company’s ride-hailing and delivery units showed solid demand, a contrast to its first-quarter revenue miss.

6 May 2026

NASDAQ:LYFT·NASDAQ:UBER·Technology

Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test

Microsoft shares slipped in premarket hours Wednesday, ticking down 0.25% to $410.35 after ending Tuesday at $411.38, a drop of 0.54%. That price action kept MSFT under pressure, even as segments of the AI trade continued to attract buyers.

6 May 2026

Artificial Intelligence·NASDAQ:MSFT·Stock Market·Technology

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

Invesco QQQ Trust ETF climbed early Wednesday in premarket action, buoyed by a rally in Nasdaq futures following a bullish forecast from Advanced Micro Devices that energized the AI trade. QQQ last traded at $681.61, up roughly 1.3% versus its prior close. Nasdaq 100 futures showed gains ahead of the open.

6 May 2026

Nasdaq·NASDAQ:AMD·NASDAQ:ARM·NASDAQ:INTC·NASDAQ:MRVL·NASDAQ:MU·NASDAQ:NVDA·NASDAQ:QCOM·Stock Market·Technology

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

Amazon shares ticked up in early premarket action Wednesday, quoted at $274.52—just enough to nudge the company closer to that $3 trillion valuation mark following a fourth straight record close. The stock was up 0.35% from Tuesday’s finish at $273.55, landing Amazon’s market cap near $2.97 trillion. A fresh push into logistics has been stirring things up for parcel giants UPS and FedEx.

6 May 2026

E-Commerce·Stock Market·Technology

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

Advanced Micro Devices surged close to 18% before the bell on Wednesday after delivering a revenue outlook that topped Wall Street estimates, spurring gains across the chip sector. If these gains stick, AMD could notch a new all-time high. Intel climbed 6% premarket, Arm was up 11%, and Qualcomm tacked on roughly 4%.

6 May 2026

Artificial Intelligence·NASDAQ:AMD·Stock Market·Technology

Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

Meta Platforms stock barely budged in early U.S. premarket trading Wednesday, following a 0.9% drop to $604.96 the previous session. Investors remain undecided about whether the Facebook owner’s sharply increased AI spending will actually accelerate growth.

6 May 2026

Artificial Intelligence·NASDAQ:META·Stock Market·Technology

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

Nasdaq 100 futures climbed 0.69% as of 3:40 a.m. ET—quotes on a 10-minute delay—pacing gains among U.S. stock futures after AMD’s outlook kept AI in focus. S&P 500 futures picked up 0.28%, with Dow futures edging higher by 0.16%. Oil prices slipped, traders watching for any signs of a U.S.-Iran agreement. These futures moves come ahead of the opening bell, suggesting where the indexes could kick off the session.

6 May 2026

NASDAQ:AMD·NASDAQ:INTC·NASDAQ:NVDA·NASDAQ:SMCI·Stock Market·Technology

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Inc. jumped Tuesday, soaring $2.96 to $7.60 after the cloud-storage provider reported a solid first quarter and upped its full-year forecast. Shares saw heavy volume as investors responded to Backblaze’s push to reposition itself as an AI infrastructure supplier, moving away from its image as just a backup service.

5 May 2026

Artificial Intelligence·NASDAQ:BLZE·Stock Market·Technology

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

Akamai Technologies jumped roughly 10% Tuesday, buoyed by the launch of fresh products aimed at helping clients spot and address vulnerabilities in APIs—the digital pipelines letting different software talk. The announcement comes just two days ahead of Akamai’s first-quarter earnings release.

5 May 2026

Cybersecurity·Earnings Reports·NASDAQ:AKAM·Stock Market·Technology

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

Cipher Digital Inc. shares jumped Tuesday, even as the company posted a deeper first-quarter loss. Investors zeroed in on Cipher’s announcement of a third AI data center campus lease and a fresh $200 million revolving credit line to back its move away from bitcoin mining.

5 May 2026

Artificial Intelligence·Data Centers·NASDAQ:CIFR·Stock Market·Technology

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

Cloudflare, Inc. shares advanced Tuesday, with the stock catching a lift after the internet infrastructure company announced it had been named a leader in edge development platforms by Forrester. That nod arrives just two days before Cloudflare’s next earnings report and appears to have encouraged fresh buying interest. Edge development platforms push code execution closer to users and data, which can trim latency for apps, websites, and AI services.

5 May 2026

Artificial Intelligence·Cloud Computing·NASDAQ:NET·Stock Market·Technology

Fastly Stock Surges Before Earnings as AI Cloud Rally Raises the Stakes

Fastly Inc. shares surged late Tuesday morning, continuing a strong 2026 run just ahead of the edge-cloud company’s first-quarter earnings report. As of 1:00 p.m. Eastern, the stock was up 15.17% at $31.66, according to MarketBeat.

5 May 2026

Artificial Intelligence·Cloud Computing·NYSE:FSLY·Stock Market·Technology

Lam Research Stock Hits Fresh High as AI Chip Demand Meets China Risk

Lam Research Corp surged more than 7% on Tuesday, pushing to a new record as buyers piled into chip-equipment names linked to the artificial intelligence wave and rising appetite for memory. Shares last changed hands at $277.71, up $19.14, following an earlier run to $279.93.

5 May 2026

NASDAQ:LRCX·Stock Market·Technology

POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

Shares of POET Technologies Inc. surged roughly 30% by late morning on the Nasdaq Tuesday, as the Canadian photonics firm drew attention again. Fresh shareholder alerts continued to push a securities lawsuit tied to its Marvell order disclosures, but that didn’t stop the rally. At 11:56 a.m. EDT, the stock was changing hands at $9.25, well above its $7.19 open and on volume topping 60 million shares.

5 May 2026

NASDAQ:MRVL·NASDAQ:POET·Stock Market·Technology

DigitalOcean Stock Jumps 36% After AI Cloud Growth Sends 2026 Guidance Higher

Shares of DigitalOcean Holdings Inc. surged roughly 36% Tuesday, as the cloud infrastructure provider lifted its revenue forecasts for 2026 and 2027. The company cited a bump in AI workload demand and growth in major customer deals. The stock was last seen at $147.97, up $39.16 from Monday’s close.

5 May 2026

Artificial Intelligence·Cloud Computing·NASDAQ:DOCN·Stock Market·Technology

Sandisk Stock Keeps Surging on the AI Storage Boom — But the Earnings Call Flashed a Warning

Sandisk shares surged again early Tuesday, recently changing hands at $1,372.33, up roughly 9.3%. The stock earlier spiked to an intraday high of $1,397.08. Investors are still eyeing the company after its profit recovery and a forecast that blew past Wall Street’s expectations just days before.

5 May 2026

Artificial Intelligence·Earnings Reports·NYSE:WDC·Stock Market·Technology

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s bigger share buyback is drawing attention to how companies are handling their cash, with investors now sizing up buybacks like Netflix’s against Microsoft’s much heftier $190 billion commitment for AI and cloud infrastructure this year. After recent dips in their stocks, Netflix, PulteGroup, and Mobileye are all doubling down on repurchases. Microsoft, meanwhile, is turning to shareholders, seeking support for yet another ramp-up in capital spending.

5 May 2026

Artificial Intelligence·NASDAQ:MBLY·NASDAQ:MSFT·NASDAQ:NFLX·NYSE:PHM·Stock Market·Technology

Figma Stock Faces a Crucial AI Test as Earnings Loom

Figma Inc. traded just above $20 early Tuesday, with the design-software stock squarely in focus as investors eye whether its AI initiatives can reignite momentum after a bruising slide from post-IPO highs. StockAnalysis pegged Figma’s last close at $19.96, noted Tuesday’s opening at $19.80, and put the 52-week range between $16.60 and $142.92.

5 May 2026

Artificial Intelligence·Stock Market·Technology

Technology 5 May 2026 - 6 May 2026

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

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

Uber Just Put Lyft on the Spot With a Strong Bookings Forecast

Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test

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

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

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

Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

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

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

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

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

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

Fastly Stock Surges Before Earnings as AI Cloud Rally Raises the Stakes

Lam Research Stock Hits Fresh High as AI Chip Demand Meets China Risk

POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

DigitalOcean Stock Jumps 36% After AI Cloud Growth Sends 2026 Guidance Higher

Sandisk Stock Keeps Surging on the AI Storage Boom — But the Earnings Call Flashed a Warning

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Figma Stock Faces a Crucial AI Test as Earnings Loom

TechStock² Updates

Alibaba (NYSE:BABA; HKG:9988) rises 7% with Qwen AI cost strategy in spotlight

Apple Shares Approach $308 as Services Revenue Miss Spurs Premium Debate

Faraday Future shares surge almost 20% before the bell; robot rollout target requires double pace

Nvidia Shares Hover Around $201, Forward Valuation Falls 22% Even as Estimates Rise

Palantir Approaching Q2 Milestone as Commercial Revenue Closes Gap With Government Operations

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