Latest Stock Market News — Page 700

Markets May 29 Daniel Marsh

Intel Falls 5% as AI Euphoria Fails to Lift Chipmaker Amid Valuation Worries

Intel shares fell 5.1% Friday, underperforming major indexes as investors focused on valuation after a sharp AI rally, despite MediaTek's support for its EMIB packaging technology.

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Markets May 29 Daniel Marsh

Virgin Galactic Soars 36% on VSS Unity Glide Flights

Virgin Galactic shares jumped 36% on record volume after resuming VSS Unity glide flights, with new spaceship tests targeted for Q3 and a 2027 research mission.

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Markets May 29 Daniel Marsh

Ondas Secures $110M in Q2 Orders, Dilution Concerns Persist

Ondas Inc. has secured over $110 million in Q2 orders, driven by defense and autonomous systems demand. However, dilution risks from a higher share count and resale filings continue to pressure the stock.

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Technology May 29 Sarah Chen

Nvidia Slips Despite AI Rally; All Eyes on Computex in Taiwan

Nvidia shares dipped 1.45% on Friday even as AI stocks pushed Wall Street to new highs. Investors are focused on next week's Computex event in Taiwan and CEO Jensen Huang's keynote.

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Markets May 29 Daniel Marsh

Dow Breaks 51,000 as Dell Surge Fuels Record May Rally

The Dow closed above 51,000 for the first time Friday, rising 0.7% to 51,032.46, as Dell shares surged 32.8% after strong earnings. The S&P 500 and Nasdaq also hit new records.

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Markets May 29 Daniel Marsh

Amazon Slips Despite $6 Billion AWS Deal with Snowflake; S&P 500 Hits New High

Amazon shares dropped 1.2% to $270.64 even as the S&P 500 reached a new high. A $6 billion AWS deal with Snowflake sent Snowflake shares up 33%, but Amazon's heavy AI spending dragged on free cash flow.

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Technology May 29 Sarah Chen

Palo Alto Networks Hits Record High on AI Security Demand Ahead of Earnings

Palo Alto Networks shares hit a record $281.69, up 9.3%, as AI security tailwinds and analyst optimism fuel buying ahead of earnings.

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Technology May 29 Sarah Chen

Zeta Global Soars 13% on AI Optimism and Options Surge

Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.

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Technology May 29 Sarah Chen

POET Technologies Stock Slips Again as $400M AI Optics Plan Faces New Hurdles

POET Technologies shares dropped 7.3% Friday, closing at $12.29 as the company's $400 million AI optics push faces setbacks including canceled orders and a securities class action.

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