Today: 4 June 2026
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Technology 28 May 2026 - 29 May 2026

Intel draws $150 target in AI drive, Wall Street says

Intel Shares Hold After AI Surge, Arc Chip Plays Developing

Intel shares closed at $120.89 Thursday, down 0.72%, after the company launched its Arc G-Series chips for handheld gaming PCs. Acer unveiled its Predator Atlas 8 using the new chips, with shipments from Acer, MSI, and OneXPlayer set for June. Intel’s stock remains near its May 11 high of $132.75, driven by strong data center CPU demand and recent AI orders. First-quarter revenue rose 7% to $13.6 billion.
29 May 2026
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Super Micro Computer Launches Edge AI Servers as SMCI Faces Margin and Compliance Test

Super Micro extends rally, compliance risk remains in focus

Super Micro Computer shares rose 8.1% to $41.30 Thursday after the company reported working with Taiwanese authorities to stop illegal server exports to China, resulting in three arrests and 50 servers seized. Super Micro’s market cap reached $28.6 billion. Dell raised its full-year outlook on strong AI server demand. Nvidia’s data-center revenue hit a record $75.2 billion, boosting related stocks.
29 May 2026
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Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia shares fell 2.74% to 12.96 euros in Helsinki by late Friday morning, underperforming the OMX Helsinki 25 index. The drop followed two weak U.S. sessions for Nokia’s American depositary receipts, which slid over 7% across Wednesday and Thursday. Investors trimmed positions after a sharp AI-driven rally. Nokia recently raised its 2026 Network Infrastructure sales growth forecast to 12%-14%.
29 May 2026
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Ondas Shares Jump on Drone Funding Talks and New Filings

Ondas Shares Jump on Drone Funding Talks and New Filings

Ondas shares closed at $13.25 after a surge in drone and defense-tech stocks Thursday, following reports of possible U.S. government funding for the sector. The company registered 2.7 million shares for resale tied to its $196.6 million Omnisys acquisition. First-quarter revenue rose to $50.1 million, up tenfold from a year earlier. Shareholders approved an increase in the stock incentive plan to 81 million shares.
29 May 2026
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Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Shares Miss Out on Nasdaq Record; Focus Shifts to Ads

Netflix shares fell 1.2% to $86.36 late Thursday, missing out as the Nasdaq and S&P 500 closed at record highs after news of a U.S.-Iran ceasefire extension. Paramount Skydance’s $110 billion deal for Warner Bros. Discovery is likely to win U.S. antitrust approval, after Netflix exited the bidding. Netflix’s Q1 revenue rose 16% to $12.25 billion, with ad revenue expected to double this year.
29 May 2026
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Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla shares closed up 0.4% at $442.10 on Thursday, marking a sixth straight gain as European sales rebounded and tech optimism outweighed concerns over self-driving features. April registrations in Europe rose 46.5% to 10,654 vehicles, but BYD remained ahead with 27,008. Tesla’s Q1 production exceeded deliveries by about 50,000 units. Safety experts and ex-employees raised new doubts about Tesla’s Full Self-Driving system.
29 May 2026
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SentinelOne Sinks After Forecast Disappoints, Plans to Cut 8% of Jobs

SentinelOne shares fell 18.65% to $14.66 after hours Thursday as the company forecast second-quarter revenue below Wall Street estimates and announced plans to cut about 8% of staff. The firm expects Q2 revenue of $289–$291 million, under the $292 million consensus. SentinelOne will take a $25 million restructuring charge tied to layoffs and a shift toward AI, data, and cloud.
29 May 2026
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Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta Shares Rise After Earnings Beat as AI-Agent Trade Faces First Major Test

Okta reported first-quarter revenue of $765 million, up 11% and above analyst estimates, with adjusted EPS of 91 cents. Shares rose 5.8% to $94.72, gaining further after hours. GAAP net income reached $74 million, and current remaining performance obligations grew 12% to $2.499 billion. New products accounted for 35% of bookings this quarter.
28 May 2026
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Synopsys Slides After Upping AI Outlook

Synopsys Slides After Upping AI Outlook

Synopsys shares fell 9.4% to $476.40 Thursday despite raising its fiscal 2026 outlook after beating Q2 sales estimates. Traders cited weaker chip-IP demand and costs from recent deals, while Design IP revenue dropped to $454.2 million from $482 million. Jesse Cohn of Elliott Investment Management will join the board June 1. Cadence shares slipped 0.3%; the VanEck Semiconductor ETF rose 0.9%.
28 May 2026
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Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation Stock Rises Again as Air-Taxi Catalyst Gets Attention

Joby Aviation shares rose 6.5% to $12.23 Thursday, valuing the company at about $11.5 billion, despite no new press release or operational update. Chief Policy Officer Gregory Bowles sold 8,088 shares last week under a pre-set plan, according to an SEC filing. Joby reported $24.2 million in Q1 revenue and a $110 million net loss. The company holds $2.5 billion in cash and targets passenger service launches later this year.
28 May 2026
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Little Nasdaq tech name jumps 3x as traders dig into new filing

Little Nasdaq tech name jumps 3x as traders dig into new filing

3 E Network Technology Group shares surged 210% to close at $4.28 on Nasdaq after interim results showed half-year revenue more than doubled to $3.72 million, but the company swung to a net loss of $209,487. Trading volume topped 132 million shares. Cash fell to $35,284 at year-end, and the company said it will need more capital to fund its plans. Gross margin dropped to 44% as costs rose sharply.
28 May 2026
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Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Holdings shares fell 1.8% to $3.575 in New York Thursday, underperforming the tech sector as investors weighed its deeper push into Indonesian digital banking. The company will consolidate Superbank as a subsidiary after crossing a 50% stake, reporting its results from May. Superbank’s assets grew 72% year-on-year in April, with net interest income up 84%. Analyst price targets for Grab have come down slightly this month.
28 May 2026
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Amprius Technologies Soars 26% After Jump

Amprius Technologies Soars 26% After Jump

Amprius Technologies shares surged 26.5% to $21.70 Thursday, with volume topping 13 million. The rally followed insider-sale filings and a recent short-seller report, but no new company announcements since May 19. CEO Thomas Stepien and other insiders disclosed stock sales tied to vesting awards. First-quarter revenue rose 153% to $28.5 million, and Amprius raised its 2026 revenue outlook.
28 May 2026
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Marvell up after $10B custom-chip goal gives AI story a boost

Marvell up after $10B custom-chip goal gives AI story a boost

Marvell Technology shares rose 2.4% to $203.50 Thursday after the company projected annual custom-chip revenue above $10 billion by fiscal 2029. First-quarter revenue jumped 28% to $2.418 billion, with data center sales making up 76% of the total. Marvell’s GAAP net income fell to $34.5 million. The company reported strong AI-related bookings and expects $1 billion in prepayments this year to secure supply.
28 May 2026
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AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD shares rose 5.1% to $520.93 in midday trading Thursday, outpacing Nvidia and Intel as investors returned to chip stocks. The move follows AMD’s announcement of over $10 billion in investments across Taiwan’s chip sector and continued demand for its AI-focused CPUs and GPUs. The iShares Semiconductor ETF gained 1.9%. CEO Lisa Su said supply will increase each quarter through 2027.
28 May 2026
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Photronics Sinks 32% After Q2 Miss

Photronics Sinks 32% After Q2 Miss

Photronics shares plunged 32% Thursday after the company missed quarterly revenue and earnings estimates and cut guidance for the current quarter. Revenue fell to $209.9 million, below forecasts, with IC sales down 5% year over year. The stock last traded at $36.22 on heavy volume. The iShares Semiconductor ETF rose 1.35% in late morning trading.
28 May 2026
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Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro shares rose 6.2% to $40.57 Thursday after the company reported Taiwanese officials arrested three suspects and seized 50 servers linked to illegal exports to China. The company also announced a major AI-cloud deployment in Europe with Verda. Trading volume exceeded 18 million shares. Super Micro forecast quarterly revenue of $11 billion to $12.5 billion.
28 May 2026
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Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
28 May 2026
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Stock Market Today

  • Jim Cramer's Charitable Trust Sells Dover Shares to Fund FedEx Buys
    June 4, 2026, 12:48 PM EDT. Jim Cramer's Charitable Trust is selling 200 shares of Dover (DOV) at about $214, reducing its portfolio weighting from 3% to 2%. Dover shares have lagged, falling 5% since late February amid market rotation away from AI stocks. Despite strong first-quarter orders and exposure to AI-related sectors like data center cooling, the stock shows no breakout without management-driven catalysts like acquisitions. The sale, realizing a roughly 20% gain on 2024 purchases, aims to raise cash for buying higher-rated industrial stocks such as FedEx and FedEx Freight. This strategic move reflects investor caution amid shifting sector preferences and positions the portfolio for potential growth in post-sale volatility.

Latest articles

High demand wipes out U.S. Mint $5,370 gold coin in minutes

High demand wipes out U.S. Mint $5,370 gold coin in minutes

4 June 2026
The U.S. Mint’s new $5,370 one-ounce American Eagle gold coin sold out in under two minutes, highlighting surging demand for physical gold investment, which Metals Focus says will overtake jewelry as the top gold demand driver this year; spot gold rose 1.7% to $4,505.35, but analysts warn high rates and a stronger dollar could pressure prices and premiums.
Recursion Stock Jumps Before Goldman Sachs Event as AI-Drug Trade Gets Fresh Heat

Recursion Stock Jumps Before Goldman Sachs Event as AI-Drug Trade Gets Fresh Heat

4 June 2026
Recursion shares surged about 12% to $3.87 on heavy volume ahead of its June 9 Goldman Sachs healthcare conference appearance, as investors look for updates on clinical timing, cash runway, and partnerships; small insider-sale filings were disclosed, and the move comes amid a broader rally in healthcare and AI drug-discovery stocks.
PVH Drops Hard as Calvin Klein Parent Issues Warning

PVH Drops Hard as Calvin Klein Parent Issues Warning

4 June 2026
PVH shares plunged 21% after the company slashed its annual sales outlook, blaming the Middle East conflict for a 5% EMEA revenue drop; despite beating first-quarter earnings estimates, the warning erased over a fifth of PVH’s market value as investors focused on EMEA demand risks, with the region making up 47% of sales.
Redwire Stock Gains After Space-Strawberry Announcement, More Ahead

Redwire Stock Gains After Space-Strawberry Announcement, More Ahead

4 June 2026
Redwire shares soared 14.6% to $21.33 after announcing a contract with Astrobiome Space for crop research on the ISS, marking the first commercial flight of its Greenhouse system; contract value was undisclosed, leaving investors to weigh the near-term financial impact as Redwire works to convert a record $498.1 million backlog into revenue following a recent Jefferies downgrade to Hold.
Foxx Development Shares Surge After Traders Spot Moves in FOXX Filings

Foxx Development Shares Surge After Traders Spot Moves in FOXX Filings

4 June 2026
Foxx Development Holdings shares more than doubled to $5.96 in massive Nasdaq trading despite no new company news, as recent Nasdaq compliance and large ownership changes fueled volatility; the company’s latest filing warned of “substantial doubt” about its ability to continue as a going concern due to steep losses and a working-capital deficit.
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