Today: 29 May 2026
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Artificial Intelligence 28 May 2026 - 29 May 2026

HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
29 May 2026
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Oracle Shares Rebound, Eyes on AI Cloud Performance

Oracle Shares Rebound, Eyes on AI Cloud Performance

Oracle shares surged 6.6% Thursday to $203.64, up 26% for May but still far below last year’s high. The company reported fiscal Q3 revenue of $17.2 billion, with cloud revenue up 44% to $8.9 billion and a backlog of $553 billion. Capital spending jumped to $39.2 billion for the first nine months of fiscal 2026, pushing free cash flow to negative $24.7 billion.
29 May 2026
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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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Ford Stock Just Became Wall Street’s Surprise AI Trade. The Rally Is Getting Hard to Ignore

Ford Stock Just Became Wall Street’s Surprise AI Trade. The Rally Is Getting Hard to Ignore

Ford shares closed Thursday at $16.65, up 4.9%, bringing the one-month gain to 34%. The rally follows news of a five-year agreement for Ford Energy to supply up to 20 GWh of battery storage to EDF power solutions North America. Ford recently acquired Kentucky battery plants and assumed a $3.8 billion federal loan. Investors are focusing on Ford’s energy-storage business rather than its auto sales.
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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NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp shares jumped 13% to near $161 in after-hours trading Thursday after the company beat Wall Street estimates with $1.95 billion in quarterly revenue and $2.43 adjusted EPS. The company forecast fiscal 2027 revenue up to $7.575 billion, citing strong AI and cloud demand. All-flash array revenue hit a record $1.2 billion. NetApp warned of margin risks from rising memory and component costs.
29 May 2026
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Amazon Nears $3 Trillion With New AI Win for AWS

Amazon Nears $3 Trillion With New AI Win for AWS

Amazon shares rose 0.8% to $274.00 Thursday after Snowflake announced a $6 billion, five-year commitment to AWS infrastructure. The deal highlights rising demand for AI cloud services and comes as AWS reported first-quarter sales of $37.6 billion, up 28% year over year. Snowflake shares also climbed on the news. The Nasdaq and S&P 500 closed at record highs.
29 May 2026
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Apple Hits Record Again, Market Waits for WWDC to Test AI Story

Apple Hits Record Again, Market Waits for WWDC to Test AI Story

Apple shares rose 0.5% to $312.51 Thursday, hitting a record high as volume topped 48 million and market cap reached $4.6 trillion. Bank of America and Melius raised their price targets, citing AI and Siri upgrades expected at WWDC starting June 8. Apple reported Q2 revenue of $111.2 billion, up 17% from last year. CEO Tim Cook will become executive chairman on September 1.
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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Microsoft Rallies on AI Model Chatter, Wall Street Watches Copilot Move

Microsoft Rallies on AI Model Chatter, Wall Street Watches Copilot Move

Microsoft shares jumped 3.4% to $426.52 Thursday after reports the company will unveil new in-house AI models, including one for GitHub Copilot, at its Build event next week. The stock outperformed major tech ETFs, trading over 32 million shares and reaching a $3.18 trillion market cap. Reuters said Microsoft declined to comment on the report. Investors remain focused on AI sales, Azure demand, and rising costs.
28 May 2026
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ServiceNow Pops After AI Skeptics Back Off

ServiceNow Pops After AI Skeptics Back Off

ServiceNow shares rose $7.31 to $109.43 in late New York trading Thursday, outperforming the S&P 500 and Nasdaq as investors moved into AI-focused enterprise software stocks. Snowflake surged over 33% after announcing a $6 billion AWS deal and raising its revenue outlook. ServiceNow reported 22% year-over-year growth in subscription and total revenue for Q1. Wall Street remains split on AI’s impact across the sector.
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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Robinhood Moves to Let AI Agents Trade and Spend, Turning Up Pressure on Banks

Robinhood Moves to Let AI Agents Trade and Spend, Turning Up Pressure on Banks

Robinhood shares rose 9.6% to $83.55 after the company announced customers can now use AI agents to trade stocks and make virtual credit card purchases. The Agentic Trading and Agentic Credit Card features allow users to set up separate accounts for AI-directed transactions. Robinhood reported 27.4 million funded accounts and 4.3 million Gold subscribers in Q1.
28 May 2026
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Marathon Digital stock dips as Bitcoin slide draws focus to AI push

Marathon Digital stock dips as Bitcoin slide draws focus to AI push

MARA Holdings shares fell 2.1% to $14.03 on Thursday, underperforming other bitcoin miners as bitcoin dropped 1.7%. The company reported a $1.26 billion net loss last quarter, with revenue down 18% from a year ago, mostly due to lower bitcoin-mining income. No new company statements were issued this week. Investors remain focused on MARA’s bitcoin exposure and its $1.5 billion Long Ridge Energy acquisition.
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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Stock Market Today

  • Top 5 Non-AI Stocks Surging in 2023 to Watch for 2026 Market Rally
    May 29, 2026, 9:12 AM EDT. Wall Street's 2023 rally, largely fueled by artificial intelligence (AI), also sees significant gains in non-AI stocks. Notable performers include Archer-Daniels-Midland (ADM), Casey's General Stores (CASY), Nucor Corp (NUE), Ross Stores (ROST), and Imperial Oil Ltd (IMO). These companies hold Zacks Rank #1 (Strong Buy) or #2 (Buy), signaling positive analyst sentiment. ADM benefits from a rebound in its Nutrition segment with a 32.4% expected earnings growth for 2023. CASY gains from strong inside sales and successful acquisitions, enhancing profitability. These picks offer investors opportunities to diversify beyond AI-driven tech, tapping into solid fundamentals and growth potential heading into 2026.

Latest articles

Photronics Stock Shock: Earnings Miss Sends Chip-Supply Bet Into a Hard Reset

Photronics Stock Shock: Earnings Miss Sends Chip-Supply Bet Into a Hard Reset

29 May 2026
Photronics shares rose 2.23% to $34.78 in premarket trading Friday after plunging 36.4% Thursday on weak quarterly results and a disappointing outlook. The company missed analyst estimates for both adjusted earnings and revenue, and forecast third-quarter sales below Wall Street expectations. Management cited delayed chip-design releases, memory supply constraints, and geopolitical uncertainty.
PRF Technologies Shares Surge in Early Trade on DeepSolar Speculation

PRF Technologies Shares Surge in Early Trade on DeepSolar Speculation

29 May 2026
PRF Technologies shares surged 235% to $4.59 in premarket U.S. trading Friday after the company announced progress toward a commercial launch of its DeepSolar Predict AI platform for renewable-energy operators. PRFX closed Thursday at $1.37 with a market cap near $1.2 million. The company remains thinly capitalized, with recent SEC filings warning of potential dilution. PRF is also developing PRF-110, a non-opioid pain drug.
HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

29 May 2026
Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
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