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Technology 27 May 2026 - 28 May 2026

U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

The Trump administration is in talks to fund U.S. drone companies including Unusual Machines and Neros, the Wall Street Journal reported, sending Unusual Machines shares up 39% premarket. Over $74 billion is proposed for drone and counter-drone tech in the Pentagon’s 2027 budget, triple last year’s amount. Talks involve debt and equity options but are not final. Reuters could not immediately verify the Journal’s report.
28 May 2026
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IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Limited shares fell 3.6% to $65.41 in premarket trading Thursday after surging 13.48% Wednesday on news of a $1.6 billion deal with Dell for Nvidia Blackwell systems. The hardware will support IREN’s $3.4 billion AI cloud contract at its Texas campus. The deal was signed May 19, with Dell to be paid within 30 days of each shipment. Wall Street responded as B. Riley Securities raised its price target to $88.
28 May 2026
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Intel slips ahead of inflation numbers, AI momentum cools

Intel slips ahead of inflation numbers, AI momentum cools

Intel shares fell 1.4% to $121.77 on Wednesday and traded at $119.70 after hours ahead of Thursday’s session. Reuters reported ByteDance is developing its own CPUs as Intel and AMD raised prices 10% to 35% in recent months. The Philadelphia Semiconductor Index dropped 1.4% after hitting a record high. U.S. stock futures declined Thursday as traders watched inflation data and U.S.-Iran tensions.
28 May 2026
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Meta Paywall Move Rattles Shares

Meta Paywall Move Rattles Shares

Meta shares rose 3.74% to $635.25 Wednesday after launching new paid plans for Facebook, Instagram, WhatsApp, and Meta AI. The company raised its 2026 capital spending outlook to $125–$145 billion, citing higher costs for data centers and chips. Instagram Plus and Facebook Plus are priced at $3.99 per month, WhatsApp Plus at $2.99. Ads remain Meta’s main revenue source, with $55.02 billion last quarter.
28 May 2026
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ServiceNow Skips Software Drop as Traders Watch

ServiceNow Skips Software Drop as Traders Watch

ServiceNow shares rose 2.2% to $102.12 Wednesday, outperforming software peers as investors responded to signs of steady enterprise demand. Oppenheimer reaffirmed its Outperform rating and $130 target after a customer survey. The stock remains well below last year’s peak despite the rebound. Roughly 28.5 million shares traded, with a market cap near $106.2 billion.
28 May 2026
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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 shares fell 2.8% to $85.74 after the company reported first-quarter revenue up 35% to $1.05 billion, beating estimates. Product revenue rose 55% to $577 million, and adjusted earnings reached 47 cents a share, above forecasts. The company raised its fiscal 2027 outlook but faces margin pressure from higher memory and component costs. Everpure completed its rebrand from Pure Storage and closed its 1touch acquisition.
28 May 2026
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Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce Tops Estimates, But Stock Dips as AI Concerns Return

Salesforce issued second-quarter revenue guidance below Wall Street estimates, sending shares down 0.8% to $177.51 after hours. First-quarter revenue reached $11.13 billion, beating forecasts, while Agentforce and Data 360 annual recurring revenue doubled to nearly $3.4 billion. The stock is down almost 33% in 2026. Investors remain cautious over AI’s impact on future growth.
27 May 2026
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Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push

Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push

Cipher Digital Inc. shares jumped 9.5% to $25.21 on Wednesday, nearing a 52-week high as trading volume surged and market cap hit $10.2 billion. The stock rose after updates on new AI data center leases and a $200 million credit facility, despite first-quarter revenue falling to $34.8 million and net loss widening to $114.3 million. Total debt stood at $5.2 billion at March 31.
27 May 2026
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Grab Shares in Focus After Banking Move

Grab Shares in Focus After Banking Move

Grab Holdings shares rose 1.3% to $3.635 in U.S. trading Wednesday, with volume over 35 million shares. The company will consolidate Indonesia’s Superbank into its financial-services segment starting in May, after its holding surpassed 50%. Financial services revenue jumped 43% last quarter to $107 million, though the segment remains unprofitable. Grab will update guidance at its second-quarter results in August.
27 May 2026
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Dycom Soars 27% as Earnings Beat, Citing Data-Center Demand

Dycom Soars 27% as Earnings Beat, Citing Data-Center Demand

Dycom Industries shares surged 27% Wednesday after the company beat first-quarter earnings estimates, raised its full-year outlook, and announced a $275 million acquisition of National Technology Integrators. Adjusted EPS reached $4.42, topping the $2.73 consensus, and revenue rose 56% to $1.96 billion. The stock traded at $533.74 in afternoon action, off session highs.
27 May 2026
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IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Shares Jump After $1.6 Billion Dell Agreement Puts Focus on AI Revenue Target

IREN Limited shares rose 9.4% to $65.42 after the company announced a $1.6 billion deal to buy Dell hardware for its Texas data center. The agreement aims to speed up deployment of Nvidia Blackwell systems for AI customers, with commissioning set for early 2027. Volume topped 44 million shares, pushing market cap to $21.8 billion. IREN expects annualized run-rate revenue to reach $4.4 billion after installation.
27 May 2026
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Astrotech Stock Rockets 500% After Moon Quantum Plan — The Risk Traders Should Watch

Astrotech Stock Rockets 500% After Moon Quantum Plan — The Risk Traders Should Watch

Astrotech Corp shares surged 524% to $15.42 Wednesday after the company announced plans to explore lunar resource development and Moon-based semiconductor manufacturing. Trading volume topped 111 million shares, pushing market value to about $26 million. The company has no NASA contracts and reported a $3.8 million quarterly loss on $343,000 revenue. Astrotech’s core business remains mass spectrometry and gas chromatography.
27 May 2026
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Uber faces investor pushback after Delivery Hero offer

Uber faces investor pushback after Delivery Hero offer

Uber has made a non-binding €33-per-share takeover offer for Berlin-based Delivery Hero, but shares traded at €39.04 after Wednesday’s Xetra close. A key shareholder rejected a €38 bid, prompting Uber’s board to discuss raising its offer, Reuters reported. Some investors want over €40 a share. DoorDash is also reportedly interested in Delivery Hero.
27 May 2026
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Digital Turbine Shares Surge 45% After Earnings

Digital Turbine Shares Surge 45% After Earnings

Digital Turbine shares surged 44.9% to $6.97 in early New York trading after reporting fiscal fourth-quarter revenue of $142.5 million, up 20%. The company posted a GAAP net loss of $7.3 million but forecast fiscal 2027 revenue between $630 million and $650 million. Trading volume exceeded 17 million shares. Digital Turbine expanded its Google Cloud partnership to add AI tools to its mobile ad platform.
27 May 2026
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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 Memory ETF (DRAM) reached $10 billion in assets in 50 days, the fastest ETF to hit that milestone. The fund, up 87% since its April 2 launch, has seen heavy inflows as investors target memory-chip makers like Micron, Samsung, and SK Hynix amid an AI-driven chip shortage. Micron and SK Hynix both briefly crossed $1 trillion in market value this week. Filings for a 2x leveraged version are underway.
27 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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