Micron shares surged 19.3% to $895.88 Tuesday, lifting its market value past $1 trillion for the first time after UBS raised its price target to $1,625. The Philadelphia semiconductor index hit a record, jumping 5.5%. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year ago. The company said its high-bandwidth memory supply for 2026 is already sold out.
https://ts2.tech/en/micron-tops-1t-as-ai-memory-play-draws-wall-street/

Redwire shares jumped 26% to $22.04 Tuesday, with trading volume over 105 million, after U.S. markets reopened post-Memorial Day. The move followed news of major drone orders, a record $498.1 million backlog, and a possible $350 million share sale. Redwire reported first-quarter revenue up 57.9% but posted a $76.5 million net loss. Broader space stocks also rallied.
https://ts2.tech/en/redwire-stock-rockets-26-as-the-space-trade-comes-back-fast/

Plug Power shares rose 1.5% to $3.84 Tuesday on heavy volume, as traders watched for margin gains to support the stock’s rally. The company reported Q1 revenue up 22% to $163.5 million and a negative 13% gross margin. Plug ended the quarter with $223 million in unrestricted cash. It approved a 30-megawatt green hydrogen project in Barrow-in-Furness, England.
https://ts2.tech/en/plug-power-shares-gain-cash-still-an-issue/

Nokia shares closed up 5.9% at 13.84 euros in Helsinki Tuesday, hitting a 52-week high of 13.98 euros. The stock has surged over 140% this year, trading at its highest since 2008. First-quarter operating profit rose 54% to 281 million euros, beating estimates. AI and cloud sales made up 8% of total sales, rising 49% year-on-year.
https://ts2.tech/en/nokia-stock-move-puts-investors-on-edge-over-ai-bets/

Intuitive Machines shares fell 8.1% to $35.16 Tuesday after NASA awarded key lunar rover contracts to Astrolab and Lunar Outpost, leaving the company out. Trading volume topped 45 million amid a brief halt for volatility. Most space stocks and the Nasdaq rose during the session. Intuitive Machines remains involved in other NASA lunar projects.
https://ts2.tech/en/intuitive-machines-shares-fall-after-company-misses-nasa-rover-bid/

Momentus Inc. surged 96.6% to $14.51 late Tuesday after filing to register up to $200 million in securities for possible sale. Trading volume hit 74.5 million shares, nearly doubling the stock. Director Chris Hadfield bought 2,000 shares at $7.19 each on May 21. The company’s Vigoride 8 vehicle passed a key NASA-backed design review for a 2027 mission.
https://ts2.tech/en/momentus-shares-soar-after-200-million-filing/

USA Rare Earth shares rose 9.6% Tuesday, closing at $27.74 after the company was selected by the U.S. Department of Energy for up to $19.3 million in possible funding for a rare-earth separation pilot plant in Oklahoma. Trading volume reached 18.9 million shares, well above average. The funding is not yet final. The company remains unprofitable with ambitious expansion plans.
https://ts2.tech/en/usa-rare-earth-stock-spikes-as-traders-eye-washington-moves/

Keel Infrastructure shares rose 4.7% to $5.035 Tuesday afternoon, bringing year-to-date gains to over 115%. The move followed renewed investor interest in former bitcoin-mining firms now pivoting to AI and high-performance computing infrastructure. Keel says it holds $533 million in liquidity and aims to secure leases at sites in Pennsylvania, Washington, and Quebec by 2026.
https://ts2.tech/en/keel-infrastructure-shares-rise-ai-power-supply-shift-draws-focus/

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.
https://ts2.tech/en/destiny-tech100-stalls-after-1-billion-spacex-share-sale-plan/

POET Technologies shares dropped 7.7% to $13.46 Tuesday, underperforming chip stocks after a $400 million stock-and-warrant sale added 19 million shares. Trading volume neared 35 million. The company reported $503,389 in Q1 revenue and a $12.3 million net loss. A major order from Marvell was canceled in April, while a new deal with Lumilens could reach $500 million if milestones are met.
https://ts2.tech/en/poet-technologies-400-million-question-why-the-stock-is-falling-while-chip-shares-rally/

Institutional investors including Glenview Trust, Coldstream Capital, and MMBG Investment Advisors sharply increased ServiceNow stakes in the fourth quarter, SEC filings show. ServiceNow shares last traded near $102, valuing the firm at about $106 billion. First-quarter revenue rose 22% to $3.77 billion. Analysts and investors are weighing the company’s AI prospects against sector caution.
https://ts2.tech/en/servicenow-stock-draws-large-institutional-interest-latest-filings-suggest-change/

Centrica shares fell 0.4% to 199.55p in early London trading Tuesday, lagging the FTSE 100 ahead of Ofgem’s upcoming energy price cap decision. British Gas launched a two-year fixed tariff as markets braced for possible higher bills tied to Gulf tensions and rising wholesale prices. Brent crude rose 3% after U.S. strikes in Iran. Centrica remains about 9.5% below its April high.
https://ts2.tech/en/centrica-shares-trade-lower-ahead-of-ofgem-announcement/

Xanadu’s TSX shares rose 5.18% to C$21.85 on Monday, while its Nasdaq line was closed for Memorial Day after ending Friday at $15.18. The company last week announced a $300 million equity facility and said a quantum-memory advance could halve certain operating costs. Investors are watching dilution risk and upcoming meetings with TD Cowen on May 28. First-quarter net loss widened to $20.6 million on $2.8 million revenue.
https://ts2.tech/en/xanadu-stock-is-moving-while-nasdaq-sleeps-the-300-million-question-investors-face/

Apple shares rose 0.8% to $310.71 Wednesday, lifting its market cap near $4.58 trillion, as investors focused on iPhone and services strength ahead of June’s Worldwide Developers Conference. BofA raised its price target to $380, citing potential AI-driven revenue. Microsoft and Nvidia fell while Alphabet gained. Apple trades at about 37.6 times earnings, raising stakes for upcoming AI announcements.
https://ts2.tech/en/apple-stock-gets-ai-boost-ahead-of-wwdc/