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AI Boom Fuels Keller Group's Strong 2026 Performance
Keller Group (LSE: KLR) reports strong 2026 trading, driven by U.S. mega projects in data centres and chip plants amid the AI construction surge.
Salesforce Shares Surge After Mixed Earnings; Focus Shifts to AI Monetization at Conferences
Salesforce stock surged 8.5% Friday after a mixed earnings report, with Q1 beats offset by soft Q2 revenue guidance. Agentforce ARR grew 205% to $1.2 billion, but bookings and cRPO missed estimates. The market now looks to upcoming tech conferences for clarity on AI monetization.
Marvell Stock Holds Near Record Highs After AI-Driven Revenue Boost
Marvell Technology shares ended Friday at $205.00, gaining 4.4% for the week after reporting record Q1 sales of $2.418 billion and raising its AI-led revenue outlook.
Rocket Lab Retreats After Blue Origin Incident; Traders Weigh Next Moves
Rocket Lab shares fell 3.1% Friday after a Blue Origin rocket test explosion, but the stock posted weekly gains. The company closed a key acquisition and won a $90 million Space Force contract.
Ambev Outperforms Bovespa; Short Week Adds Pressure
Ambev (ABEV3) outperformed Brazil's Bovespa last week, rising 1.4% vs. the index's 1.4% drop, as strong Q1 earnings were tempered by rate and cost concerns.
Bitmine Eyes Ether Support and Russell Index Inclusion in Pivotal Week
Bitmine Immersion Technologies faces a pivotal week as its $12.3 billion Ether-heavy portfolio and potential Russell 3000 inclusion drive market focus, with shares near $19.27.
Berkshire Hathaway to Acquire Taylor Morrison for $8.5 Billion
Berkshire Hathaway will buy Taylor Morrison for $8.5 billion in cash, offering $72.50 per share—a 24% premium. The acquisition expands Berkshire's homebuilding operations.
D-Wave Shares Climb Ahead of Investor Day, CHIPS Act Funding in Focus
D-Wave Quantum (QBTS) closed Friday at $30.14, up 2.2%, ahead of its June 1 investor day. Focus is on $100 million in proposed CHIPS Act funding, which is not finalized and may dilute shares.
Carnival Stock Climbs 8% in a Week; Data Breach and Macro Risks Loom
Carnival shares gained 8% last week amid a broader cruise rally, but the company faces risks from a recent data breach, fuel price volatility, and upcoming jobs data.
Hormel Foods Stock Jumps on Earnings Beat, Analysts Cautious on Outlook
Hormel Foods shares jumped 12.5% after a strong earnings beat, but analysts remain cautious, maintaining neutral ratings and noting the stock is still far from its 52-week high.
Nike Stock Retreats After Brief Recovery, Awaiting Q4 Earnings
Nike shares fell 2.41% on Friday, halting a brief rally. The stock remains near its 52-week low as the market looks ahead to a critical Q4 earnings report on June 30.