Technology 31 May 2026 - 1 June 2026

Fastly Gains 7% as AI Push Heads for Wall Street Test

Fastly Gains 7% as AI Push Heads for Wall Street Test

Fastly shares rose 7.3% to $19.08 Monday, with volume over 8 million, as investors awaited a management update at the William Blair Growth Stock Conference. The company reported Q1 revenue of $173 million, up 20%, and security revenue up 47% to $38.8 million. Fastly forecast Q2 revenue between $170 million and $176 million. Rivals Cloudflare and Akamai also gained.
June 1, 2026
VisionWave Drops on Resale Filing Ahead of Paris Defense-Tech Event

VisionWave Drops on Resale Filing Ahead of Paris Defense-Tech Event

VisionWave Holdings shares fell 4.1% to $6.06 Monday after the company filed to register up to 1.19 million shares for potential resale by insiders. The move follows a switch to a public demo at Eurosatory 2026 in Paris. VisionWave reported a quarterly net loss of $12.9 million and $14.3 million in cash against $37.1 million in current liabilities. The company warned it may need more capital, possibly diluting shareholders.
June 1, 2026
Solstice Advanced Materials Moves Ahead of Sector

Solstice Advanced Materials Moves Ahead of Sector

Solstice Advanced Materials shares rose 0.9% to $84.95 Monday afternoon, outpacing the broader materials sector ahead of a June 4 nuclear-business webinar and a June 10 dividend payout. First-quarter net income fell 37% to $85 million despite a 10% sales increase to $991 million. The company maintained full-year guidance. Solstice began trading as a Honeywell spin-off last October.
June 1, 2026
Airship AI Stock Moves in New York

Airship AI Stock Moves in New York

Airship AI shares rose 1.2% to $3.055 Monday, with trading volume near 323,000 and a market cap close to $105 million. The company last reported first-quarter revenue of $6.3 million, up 15%, and a net loss of $721,000. No new press releases or filings appeared in the past 48 hours. Airship filed a shelf registration in May allowing future securities offerings.
June 1, 2026
Globalstar Trades Under Amazon’s $90 Bid With Confusing Deal Math

Globalstar Trades Under Amazon’s $90 Bid With Confusing Deal Math

Globalstar shares fell 1.1% to $83.31 midday Monday, below Amazon’s $90-a-share cash offer in its buyout deal. Amazon shares dropped 2.4% to $264.18, pulling the stock portion of the offer to about $84.80 per Globalstar share. The deal gives holders a choice of $90 in cash or 0.3210 Amazon shares, but cash is capped at 40% of shares. No new statements appeared on Globalstar’s investor site over the weekend.
June 1, 2026
Co-Diagnostics Shares Drop After New Resale Filing

Co-Diagnostics Shares Drop After New Resale Filing

Co-Diagnostics shares fell 21% to $6.71 in early Nasdaq trading Monday after the SEC declared effective a resale registration for up to 4.94 million shares from a May private placement. The company said it will not receive proceeds from share resales but could get up to $5.18 million if warrants are exercised. The stock traded between $5.11 and $10.18 during the session.
June 1, 2026
Core Scientific Stock Slips Before the Open as Its AI Data-Center Bet Faces a June Test

Core Scientific Stock Slips Before the Open as Its AI Data-Center Bet Faces a June Test

Core Scientific shares dropped 3.2% to $26.85 in early pre-market trading Monday, putting its market value at about $8.67 billion. The company reported first-quarter revenue of $115.2 million, with colocation revenue rising sharply to $77.5 million from $8.6 million a year earlier. Core Scientific recently added data-center veteran Steve Smith to its board. CoreWeave shares rose 2.5% while bitcoin fell 2%.
June 1, 2026
Kraft Heinz slips after streak; eyes on Monday’s open

Kraft Heinz slips after streak; eyes on Monday’s open

Zeta Global shares rose 5.42% to $24.13 in premarket trading Monday, after jumping 13.43% to $22.89 on Friday with heavy volume. The company reported first-quarter revenue up 50% to $396 million and raised its 2026 revenue guidance. Zeta’s AI-powered marketing platform recently integrated OpenAI models. Analyst price targets average $28.31, with shares last closing at $22.89.
June 1, 2026
Sanmina’s AI Rally Heads Toward a June Test After Volatile Week

Sanmina’s AI Rally Heads Toward a June Test After Volatile Week

Sanmina Corp. shares fell 1.33% to $259.73 on May 29 after a strong rally earlier in the week, despite broader market records and continued gains in AI hardware stocks. The company reported fiscal Q2 revenue of $4.01 billion and announced a $600 million buyback in April. Sanmina will present at the BofA Securities Global Technology Conference on June 3. Four S&P Global analysts rate the stock Hold, with an average target of $212.25.
May 31, 2026
Synaptics Stock Just Slid 4% — The AI Week Ahead Could Matter More

Synaptics Stock Just Slid 4% — The AI Week Ahead Could Matter More

Synaptics shares fell 4.2% Friday to $137.28, underperforming as the Nasdaq hit a record high. The company recently reported fiscal Q3 revenue of $294.2 million, up 10% year-over-year, and forecast Q4 revenue of $305 million. Synaptics is set to showcase edge-AI products at COMPUTEX Taipei next week. Google announced the first Synaptics-made Coralboard for edge AI at Google I/O.
May 31, 2026
Arqit’s rally slows as shares cool off for June after sharp drop this week

Arqit’s rally slows as shares cool off for June after sharp drop this week

Arqit Quantum Inc. shares fell 2.37% Friday to $16.51, capping a 5.6% drop for the holiday-shortened week, despite tech stocks pushing the Nasdaq to a record. The company reported $623,000 in first-half revenue, up from $67,000 a year earlier, but posted a $33.7 million operating loss. Director Manfredi Lefebvre d’Ovidio sold 303 warrants last week. Heritage Assets and affiliates now hold about 38.4% of Arqit.
May 31, 2026
Nauticus Robotics Stock Just Jumped — But a Reverse-Split Vote May Decide What Comes Next

Nauticus Robotics Stock Just Jumped — But a Reverse-Split Vote May Decide What Comes Next

Nauticus Robotics shares closed at $1.80 Friday, up 4.65%, after shareholders authorized the board to enact a reverse stock split at ratios from 1-for-5 to 1-for-250. Investors rejected a proposal to increase authorized shares. First-quarter revenue fell to $0.2 million, with a net loss of $9.3 million. No company events are scheduled for the coming week.
May 31, 2026
Cirrus Logic Stock Just Stumbled. The Apple Question Comes Next

Cirrus Logic Stock Just Stumbled. The Apple Question Comes Next

Cirrus Logic shares closed Friday at $169.95, down 2.51%, after touching a 52-week high of $180.42 earlier in the week. The company launched nine new audio converters on May 28 and reported record annual revenue and earnings in early May. Apple added Cirrus to its American Manufacturing Program in March, with plans for $400 million in investments through 2030. Chip sector ETFs were little changed Friday.
May 31, 2026
Intel Drops 5%, Raising Pressure on AI Rebound

Intel Drops 5%, Raising Pressure on AI Rebound

Intel shares fell 5.1% to $114.68 Friday, underperforming the S&P 500 and Nasdaq, which both gained for the week. Trading volume in Intel hit 191.7 million shares, above average. The company reported a $3.7 billion net loss last quarter despite a 7% revenue rise. Intel and 3DGS plan to invest $3.3 billion in a new substrate facility in Odisha, India.
May 31, 2026