HUB Cyber Security Surges 345% on Heavy Volume and New Ownership Filings
Markets Daniel Marsh

HUB Cyber Security Surges 345% on Heavy Volume and New Ownership Filings

HUB Cyber Security Ltd. (HUBC) surged 345% to $0.49 on Friday with volume exceeding 1 billion shares, as recent SEC filings revealed three investors now hold over 60% of the company's post-split shares.

HUBC
Rivian Stock Jumps 7.6% as R2 SUV Launch Date Set for June 9
Markets Daniel Marsh

Rivian Stock Jumps 7.6% as R2 SUV Launch Date Set for June 9

Rivian shares jumped 7.6% to $16.36 after announcing June 9 as the R2 SUV launch date, targeting up to 25,000 deliveries by year-end, while facing a new NHTSA probe and mixed Q1 results.

RIVN
Tesla Shares Dip Despite European FSD Approval; BYD Rivalry Intensifies
Technology Sarah Chen

Tesla Shares Dip Despite European FSD Approval; BYD Rivalry Intensifies

Tesla shares slipped 1.2% on Friday, underperforming the broader market, even as Estonia approved its Full Self-Driving software. The company faces stiff competition from BYD and plans over $25 billion in capital spending for 2026.

TSLA BYD GOOGL
BlackBerry Surges on QNX AI Push and Options Activity
Technology Sarah Chen

BlackBerry Surges on QNX AI Push and Options Activity

BlackBerry shares climbed 3.4% on Friday, fueled by QNX robotics AI research and a surge in options trading, as investors eye the QNX unit's expansion beyond automotive into robotics and medical tech.

BB
VGT's AI-Heavy Portfolio Drives Post-Split Outperformance
Technology Sarah Chen

VGT's AI-Heavy Portfolio Drives Post-Split Outperformance

Vanguard's Information Technology ETF (VGT) has outperformed its larger growth peers since an April 8-for-1 split, driven by dominant positions in Nvidia, Apple, and Microsoft.

VGT NVDA AAPL MSFT VUG DELL
Rocket Lab Retreats After Rally as Space IPO Buzz Fades
Markets Daniel Marsh

Rocket Lab Retreats After Rally as Space IPO Buzz Fades

Rocket Lab shares dropped 6.5% to $138.37 midday Friday, paring weekly gains, after a Blue Origin test failure and reports SpaceX may target a lower IPO valuation. The company passed an SDA review for its $816 million missile-warning satellite deal.

RKLB SPY
CrowdStrike Rides AI Wave to New Heights Ahead of Earnings
Earnings James Calloway

CrowdStrike Rides AI Wave to New Heights Ahead of Earnings

CrowdStrike shares climbed 6.5% as AI-driven cybersecurity demand lifts sector. Earnings report due June 3.

CRWD SNOW PANW S
IREN Shares Dip as Focus Shifts to AI Deal Execution
Technology Sarah Chen

IREN Shares Dip as Focus Shifts to AI Deal Execution

IREN shares dropped 1.5% to $63.08 Friday as the market shifts focus from contract figures to execution of its AI infrastructure plans.

IREN DELL NVDA RIOT
Costco Stock Dips Despite Strong Sales as Profit Misses Mark
Earnings James Calloway

Costco Stock Dips Despite Strong Sales as Profit Misses Mark

Costco shares dropped 4.6% despite an 11.6% sales surge, as earnings missed analyst estimates and valuation concerns persisted.

COST SPY WMT AMZN
Lumentum's AI Optics Surge Outshines Nvidia; Pullback Tests Rally
Technology Sarah Chen

Lumentum's AI Optics Surge Outshines Nvidia; Pullback Tests Rally

Lumentum shares slipped 3.6% Friday, paring a massive AI-driven rally that saw the stock gain 135% YTD, far exceeding Nvidia.

LUMN NVDA COHR AAOI
Leveraged Chip ETF SOXL Surges 12x in Year, but Future Gains Face Headwinds
Markets Daniel Marsh

Leveraged Chip ETF SOXL Surges 12x in Year, but Future Gains Face Headwinds

A $100,000 investment in SOXL a year ago would be worth $1.28 million, but the leveraged ETF faces volatility decay and a crowded trade as AI enthusiasm spreads.

NVDA AVGO MU AMD SOXX SMH DELL
ByteDance's AI Chip Push Could Open New Data Center Markets for Qualcomm
Technology Sarah Chen

ByteDance's AI Chip Push Could Open New Data Center Markets for Qualcomm

ByteDance is accelerating its custom AI chip and CPU development, with a reported deal to purchase millions of Qualcomm ASICs for data centers, easing hardware bottlenecks.

QCOM INTC AMD NVDA