NASDAQ:ARRY

Array Technologies Jumps 7% After Solar Stocks Bounce; $2.4B Order Book Gets Attention
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Array Technologies Jumps 7% After Solar Stocks Bounce; $2.4B Order Book Gets Attention

Array Technologies shares jumped 7.24% to $9.03 Wednesday, outpacing the S&P 500 and Nasdaq, as solar stocks rallied. No new company update was issued; investors revisited Array’s May 6 report showing $2.4 billion in orders and first-quarter revenue of $223.4 million. Shoals, Nextpower, and First Solar also gained. The Invesco Solar ETF rose 2.2%.
May 27, 2026

Stock Market Today

  • ASX Set for Weak Open as Wall Street Shows Mixed Gains and Oil Prices Fall
    May 27, 2026, 6:19 PM EDT. Ahead of Thursday's ASX open, S&P ASX 200 futures signalled a 0.5% decline, reflecting expectations of a soft start to Australian markets. Overnight, Wall Street showed mixed movements with the Dow rising 0.4%, S&P 500 stable with new records, and Nasdaq up by 0.1%. The prevailing market strategy continues to focus on companies linked to artificial intelligence (AI), despite valuation concerns. A significant 5% drop in Brent crude oil to around US$94 a barrel boosted travel and airline stocks, with United Airlines and Norwegian Cruise Line surging over 6%. Treasury yields eased to 4.48%, supporting equities amid fears of rising borrowing costs dampening data centre investments. Major corporate news included Snowflake's 30% share jump on strong revenue guidance and a $6 billion AWS deal. Meanwhile, AI startup Cognition AI raised over $1 billion, highlighting rapid revenue growth fueled by AI-generated internal code. Geopolitical tensions over Iran's Strait of Hormus remain a watchpoint for markets.