ServiceNow Skips Software Drop as Traders Watch

ServiceNow shares gained Wednesday, outperforming a weak software sector. Investors shrugged off this year’s steep drop and bet on new signals that enterprise demand is holding up.

Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure Tops Estimates But Shares Slip as AI Drives Up Storage Costs

Everpure fell after hours Wednesday, with shares down 2.8% at $85.74. The drop came as the company, previously Pure Storage, beat first-quarter estimates and raised guidance for the full year. The stock moved between $74.17 and $90.68 as investors questioned margins from the AI storage wave despite the solid top-line numbers.
Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce shares edged lower late Wednesday. The company put out a second-quarter revenue outlook that missed what Wall Street was looking for, adding to pressure on a stock that’s already been under fire this year over AI concerns in the software sector. The stock last traded down 0.8% at $177.51, after Reuters reported it fell by about 3% after hours.
Grab Shares in Focus After Banking Move

Grab Shares in Focus After Banking Move

Grab Holdings shares traded higher Wednesday afternoon in the U.S., building on gains from the last two sessions. Investors shrugged off a lack of fresh company news and turned to Grab’s banking plans, weighing if the Singapore company can boost earnings without increasing risk.
27 May 2026
Qualcomm signs ByteDance AI chip supply deal

Qualcomm signs ByteDance AI chip supply deal

• Qualcomm has landed a deal to provide AI data-center chips to ByteDance, the parent of TikTok, according to media reports. That would give Qualcomm a major early customer for its custom AI silicon.• ByteDance is increasing its spending on AI infrastructure, and Qualcomm is looking to expand past smartphones, making the timing key for both sides.• Still, neither Qualcomm nor ByteDance has fully confirmed the deal. Any sales must stay within U.S. export controls.
AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

Roundhill’s Memory ETF crossed $10 billion in assets in under two months after launching, breaking the previous record for the quickest ETF to reach that mark. Investors have rushed into memory-chip stocks on the artificial-intelligence theme. DRAM is up 87% since its April 2 launch and has brought in $8.6 billion of inflows, the Financial Times said, citing Morningstar data.
Zscaler drops 21% premarket in early U.S. trading

Zscaler drops 21% premarket in early U.S. trading

Zscaler shares sank in U.S. premarket trading Wednesday after the company guided revenue for the fourth quarter below Wall Street's targets. That weaker outlook took the focus off a better-than-expected quarter. A delayed MarketWatch quote showed the stock at $144.84 as of 4:02 a.m. EDT, off 21.5% from the $184.60 close.
TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

TSMC Is Where Traders Are Looking After Nvidia’s $150 Billion Taiwan Pledge

TSMC's role in the AI supply chain is back in focus after Nvidia CEO Jensen Huang said Wednesday that the company could spend up to $150 billion a year in Taiwan. Nvidia's annual spending there was about $10 billion to $15 billion some four or five years back, and now stands near $100 billion, Huang said. "Going to 150 billion dollars" each year, Huang told reporters, tying Nvidia even more closely to Taiwanese manufacturers.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.