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SoundHound AI Dips Ahead of Memorial Day Lull
SoundHound AI (SOUN) shares fell to $8.17 Friday, their lowest since May 18, losing 2.9% for the week ahead of the Memorial Day holiday.
Rocket Lab Soars 8.2% on $90M Space Force Deal, Share Sale Plan in Focus
Rocket Lab shares jumped 8.2% to $135.76 after securing a $90 million Space Force contract and completing its ninth Electron launch, though a $3 billion share sale plan raises dilution concerns.
Super Micro Rallies as Chip Sector Rebounds, But Export Probe Looms
Super Micro Computer shares rose 6.34% to $35.58, gaining 14.6% for the week, as chip stocks rebounded. However, a Taiwan export probe into alleged illegal shipments of Nvidia chips adds fresh uncertainty.
POET Technologies Slips After $400M Financing, AI Hopes Remain
POET Technologies shares dropped 8.6% last week after a $400M financing. The company is betting on AI optical networking, but Q1 revenue was just $503,389.
Peloton Stock Jumps 10% on S&P SmallCap 600 Addition
Peloton shares rose 10.23% to $5.71 on Friday after S&P Dow Jones Indices announced the stock will join the S&P SmallCap 600 index, effective before Wednesday's open.
Micron Stock Wavers as AI Memory Demand Faces Key Test Next Week
Micron shares slipped Friday but posted a weekly gain. The market awaits Samsung's labor vote outcome and Nvidia's AI demand trajectory.
Joby Aviation Shares Surge Ahead of Memorial Day Break; FAA Progress Key
Joby Aviation shares rose 5% to $10.92 on Friday, gaining 5.4% for the week before the Memorial Day holiday. The company's next major event is its June 2 annual meeting, following a Q1 update showing $2.5 billion in cash and FAA certification advances.
MARA Stock Rallies into Holiday, Bitcoin Holds Gains Ahead of Tuesday Trading
MARA Holdings shares rose 1.92% to $13.81 on Friday, gaining about 11% for the week. With Bitcoin trading near $76,590 over the weekend, Tuesday's market open will be a key test for the bitcoin miner.
UiPath Stock Faces Critical Three-Day Test with Earnings on Deck
UiPath shares closed Friday at $10.93, up 3.41%, ahead of fiscal Q1 results due May 28. The stock is up 6.4% from last week as markets close for Memorial Day.
Keel Infrastructure Gains as AI Data-Center Lease Strategy Faces Key Year-End Test
Keel Infrastructure shares climbed 3.66% to $4.81 on Friday, as the company targets signing data-center leases at three sites this year, pivoting from bitcoin mining to AI infrastructure.