Today: 28 May 2026
Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers
28 May 2026

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
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Unusual Machines Stock Surges Premarket as Pentagon Drone Funding Report Puts UMAC Back in Focus

Unusual Machines Stock Surges Premarket as Pentagon Drone Funding Report Puts UMAC Back in Focus

Unusual Machines (UMAC) surged over 30% in premarket trading Thursday after reports that the Trump administration is in talks to fund U.S. drone makers, including UMAC. The stock closed Wednesday at $18.83, up nearly 9%, and was indicated around $24.90 before the bell. UMAC also cited a partner’s selection for Phase II of the Pentagon’s Drone Dominance Program.
28 May 2026
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Astrotech Stock Rips Higher After Moon Mission Pitch Sends Shares Up 459%

Astrotech Stock Rips Higher After Moon Mission Pitch Sends Shares Up 459%

Astrotech shares closed at $13.81 Wednesday, up 459% after the company announced a new lunar resource and space infrastructure initiative. The firm aims to explore quantum computing and semiconductor projects on the Moon, but has not signed any contracts. Third-quarter revenue fell to $343,000 with a net loss of $3.77 million. Astrotech reported $2.7 million in cash and $3.9 million in short-term assets.
28 May 2026
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Red Cat Shares Rise Pre-Market After Analyst Moves

Red Cat Shares Rise Pre-Market After Analyst Moves

Red Cat Holdings shares rose 9.21% to $10.67 Wednesday and traded at $12.14 pre-market Thursday after H.C. Wainwright initiated coverage with a Buy rating and a $20 price target. The company recently acquired Quaze Technologies and reported $15.5 million in Q1 revenue, up 849% year over year. Red Cat also priced a public offering at $9.40 per share, aiming to raise $225 million.
28 May 2026
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Lloyds shares slip after buyback news

Lloyds shares slip after buyback news

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28 May 2026
Lloyds Banking Group shares fell 0.6% to 101.4p in London on Thursday after the bank bought back 5 million shares and launched a £500 million university retrofit loan program backed by the National Wealth Fund. Global stocks dropped and oil prices surged nearly 4% as Gulf tensions rattled markets, offsetting gains from Lloyds’ capital return.
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AI Fund Lifts Nebius Again After 444% Climb

AI Fund Lifts Nebius Again After 444% Climb

Nebius Group shares rose 11.47% after hours Wednesday following a filing showing Situational Awareness LP and affiliates took a 5.6% stake. The AI cloud company reported Q1 revenue of $399 million, up 684% from last year. Meta agreed in March to buy at least $12 billion in AI computing capacity from Nebius starting in 2027. Shares have climbed about 444% over the past year.
28 May 2026
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Grab Shares in Focus After Banking Move

Grab Shares in Focus After Banking Move

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27 May 2026
Grab Holdings shares rose 1.3% to $3.635 in U.S. trading Wednesday, with volume over 35 million shares. The company will consolidate Indonesia’s Superbank into its financial-services segment starting in May, after its holding surpassed 50%. Financial services revenue jumped 43% last quarter to $107 million, though the segment remains unprofitable. Grab will update guidance at its second-quarter results in August.
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Hoth Therapeutics Stock Explodes As Rocket One Ticker Change Puts Tiny Biotech Into Space-AI Trade

Hoth Therapeutics Stock Explodes As Rocket One Ticker Change Puts Tiny Biotech Into Space-AI Trade

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27 May 2026
Hoth Therapeutics shares jumped 71% to $1.21 in heavy trading after the company said it will change its name to Rocket One Inc. and switch its Nasdaq ticker to RKTO on May 28. The firm will shift focus from biotech to space, defense, and nanomagnetic AI chips, with legacy drug programs moving to a subsidiary. Hoth reported no revenue and a $2.7 million net loss last quarter.
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BlackBerry Stock Just Hit a 52-Week High. The Rally’s Next Test Is Today

BlackBerry Stock Just Hit a 52-Week High. The Rally’s Next Test Is Today

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27 May 2026
BlackBerry’s U.S.-listed shares closed Tuesday at $8.42, up 6.45%, hitting a 52-week high. The rally follows AtHoc’s U.S. government cloud-security recertification and QNX’s robotics demonstrations in Boston. BlackBerry will report first-quarter fiscal 2027 results around June 25. QNX President John Wall is set to appear with Amazon Robotics and others at the Robotics Summit & Expo.
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Destiny Tech100 stalls after $1 billion SpaceX share sale plan

Destiny Tech100 stalls after $1 billion SpaceX share sale plan

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26 May 2026
Destiny Tech100 shares fell 8.3% Tuesday after the fund filed to sell up to $1 billion in stock through Jefferies. The stock last traded at $61.11, still more than double its $24.56 per-share net asset value as of March 31. Trading volume topped 10.9 million shares amid continued focus on Destiny’s large SpaceX stake and speculation about a SpaceX IPO.
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Latest

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro shares rose 6.2% to $40.57 Thursday after the company reported Taiwanese officials arrested three suspects and seized 50 servers linked to illegal exports to China. The company also announced a major AI-cloud deployment in Europe with Verda. Trading volume exceeded 18 million shares. Super Micro forecast quarterly revenue of $11 billion to $12.5 billion.
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28 May
Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly will acquire Curevo Inc., LimmaTech Biologics AG, and Vaccine Company Inc. for up to $3.83 billion in cash, gaining vaccine programs for shingles, staph infections, and Epstein-Barr virus. Shares rose about 5% after news of the deals and broader coverage for Zepbound and Foundayo. Curevo shareholders may receive up to $1.5 billion, LimmaTech $780 million, and Vaccine Company $1.55 billion.
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28 May
Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

The Dow Jones Industrial Average fell 110.97 points, or 0.22%, to 50,533.31 by 10:01 a.m. ET Thursday, pressured by renewed U.S.-Iran tensions and April inflation data showing the PCE index up 3.8% year-over-year. Energy stocks led declines as gasoline prices surged 12.3% in April. Fed officials signaled rates may stay high. Caterpillar and Sherwin-Williams weighed heavily on the Dow.
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28 May
S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 rose 0.34% and Nasdaq gained 0.33% late Thursday morning, while the Dow slipped 0.08%. April PCE inflation hit 3.8% year-over-year, the fastest pace since May 2023. Brent crude traded at $94.73 a barrel and the 10-year Treasury yield stood at 4.508%. AI-related earnings and retail forecasts lifted some stocks despite inflation and Middle East tensions.
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28 May
Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
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28 May
Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Immersion Technologies shares fell 4.6% to $17.96 Thursday after ether dropped below $2,000 for the first time since March. The company reported holding 5.39 million ETH and $12.3 billion in crypto, cash, and other investments as of May 25. Bitmine is on FTSE Russell’s preliminary Russell 3000 additions list, with the index rebalancing set for June 26. Peers Strategy and SharpLink also traded lower.
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28 May
UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

Unusual Machines shares jumped as much as 52% Thursday after reports the Trump administration is in talks to fund U.S. drone makers. The Orlando-based supplier’s stock was last up 41% at $26.52. First-quarter revenue soared 296% to $8.1 million, but the company posted a $7.3 million operating loss. Reuters said it could not independently confirm the government funding talks.
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28 May
Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield will acquire CIBC’s 91.67% stake in CIBC Caribbean for about $1.8 billion in cash and stock, valuing shares at $1.14 each. The deal, expected to close in the first half of 2027, would give Butterfield control of 41 branches across 10 countries and boost its assets to $29 billion. CIBC expects a 24 basis point increase in its core capital ratio. Approvals from shareholders and regulators are pending.
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28 May
Keel’s AI rally gets premarket test

Keel’s AI rally gets premarket test

Keel Infrastructure shares fell 1.82% in premarket trading Thursday after a 7.31% gain Wednesday, as the company shifts from Bitcoin mining to AI data centers. First-quarter revenue dropped 23% to $37 million, with an operating loss of $98 million. Keel reported $533 million in liquidity as of May 8. The company completed its U.S. redomiciling and rebrand from Bitfarms in April.
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28 May
Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Technologies shares rose 6% premarket Thursday after the company said it will join the Russell 3000 Index at the June 26 close. CEO Kaz Nejatian recently bought 100,000 shares, raising his stake to 83.58 million. Opendoor reported first-quarter revenue of $720 million and a net loss of $173 million. The company expects second-quarter revenue to rise 25% over the prior quarter.
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28 May
SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi launched its bank-issued SoFiUSD stablecoin to nearly 15 million app users, expanding beyond enterprise clients. Shares traded at $16.17 before Thursday’s U.S. open, valuing the company at about $22.3 billion. The token is redeemable 1:1 for dollars from SoFi Bank and runs on Ethereum and Solana. SoFi reported Q1 adjusted net revenue of $1.09 billion and deposits of $40.2 billion.
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28 May
Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

Hormel Foods shares rose 6.8% in premarket trading after beating quarterly sales and profit estimates, reporting $2.97 billion in net sales and 40 cents adjusted earnings per share. Organic net sales increased 3%, while segment profit climbed in retail, foodservice, and international divisions. The company reaffirmed its 2026 sales and adjusted EPS outlooks but lowered its GAAP EPS view due to a turkey business sale. Retail volume dropped 2%.
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28 May
Azul set to return to NYSE June 1; Veris departure confirmed

Azul set to return to NYSE June 1; Veris departure confirmed

Azul S.A. will move its American depositary shares to NYSE American on June 1 under the ticker AZUL, leaving OTC Markets. The airline exited Chapter 11 in February, cutting debt by $2.5 billion and raising $1.375 billion in new funding. Veris Residential Inc. has stopped trading on the NYSE after a $3.5 billion buyout by Affinius Capital and Vista Hill Partners. Veris has been delisted and removed from major S&P indexes.
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28 May
U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

The Trump administration is in talks to fund U.S. drone companies including Unusual Machines and Neros, the Wall Street Journal reported, sending Unusual Machines shares up 39% premarket. Over $74 billion is proposed for drone and counter-drone tech in the Pentagon’s 2027 budget, triple last year’s amount. Talks involve debt and equity options but are not final. Reuters could not immediately verify the Journal’s report.
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28 May
Micron’s $1 Trillion AI-Memory Bet Faces New York Test

Micron’s $1 Trillion AI-Memory Bet Faces New York Test

Micron Technology shares fell 1.82% to $911.48 in premarket trading Thursday after closing at $928.41, despite recently surpassing a $1 trillion market cap on AI demand and analyst upgrades. The company reported fiscal Q2 revenue of $23.86 billion and forecast Q3 revenue of $33.5 billion. U.S. futures edged lower as traders watched Iran headlines and awaited inflation data.
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28 May
Ford Shares Reach 2022 Peak, and It’s Not Because of Cars

Ford Shares Reach 2022 Peak, and It’s Not Because of Cars

Ford shares closed at $15.88 Wednesday, their highest since August 2022, after jumping 3.7% as investors focused on its new energy-storage unit. Ford Energy signed a five-year deal with EDF for up to 20 GWh of stationary battery storage, with deliveries starting in 2028. The S&P 500 and Nasdaq set new closing highs. Ford stock is up about 28% in two weeks.
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28 May
IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Drops Pre-market After $1.6B Dell AI Deal

IREN Limited shares fell 3.6% to $65.41 in premarket trading Thursday after surging 13.48% Wednesday on news of a $1.6 billion deal with Dell for Nvidia Blackwell systems. The hardware will support IREN’s $3.4 billion AI cloud contract at its Texas campus. The deal was signed May 19, with Dell to be paid within 30 days of each shipment. Wall Street responded as B. Riley Securities raised its price target to $88.
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28 May
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