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Despite high energy costs and persistent inflation, people are still spending on technology.

Dell Federal Systems will manage Microsoft licenses across Pentagon, intelligence community and Coast Guard systems under a five-year deal.

Investing.com -- MongoDB (NASDAQ:MDB) reported first quarter fiscal 2027 results that exceeded analyst expectations and raised its full-year outlook, driven by strong demand for its database platform across enterprise and AI applications.

Okta reported Q1 earnings that topped consensus estimates while the cybersecurity firm's guidance for a key metric came in above views.

Ambarella, a maker of AI chips for edge computing applications, edged above estimates for its fiscal Q1 and with its outlook. Ambarella stock fell.

MongoDB stock jumped after the database software company reported fiscal first-quarter results that easily beat analyst forecasts.

Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is ‌fueling demand for its AI-optimized servers that are powered ‌by Nvidia's powerful chips. U.S. tech giants including Alphabet and Amazon plan to spend over $700 ​billion on AI infrastructure this year, which would drive up demand for server and data center equipment from suppliers such as Dell and Super Micro Computer. These AI servers are critical for powering services such as ‌ChatGPT, as they are ⁠equipped with advanced memory chips to store data and instructions, providing the immense computing power required for such ⁠applications.

On Thursday, Dollar Tree stock jumped almost 20% after beating analyst expectations for revenue and earnings.

Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure.

Seventeen straight quarters. That is the streak Bank of America is chasing. CEO Brian Moynihan told attendees at the Bernstein Strategic Decisions Conference on May 27 that the firm expects second-quarter trading revenue to grow 15% year over year (YOY), which would mark the 17th consecutive ...

Century Aluminum is Thursday's IBD Stock Of The Day as the largest U.S. aluminum producer is humming like rarely before thanks to Trump tariffs and fallout from the Middle East conflict. The good news has legs, which is why CENX stock continued to rise within buy range even amid a report that U.S. and Iranian negotiators see eye-to-eye on a potential 60-day ceasefire. Aluminum prices climbed 0.8% to a four-year-high $3,650 per metric ton and have climbed around 18% since the conflict began Feb. 28, according to CME Group data.

Today, May 28, 2026, investors piled into Snowflake after its Amazon pact and earnings beat, even as the Dow barely budged.

Investing.com -- Bank of America upgraded Agilent Technologies to “Buy” from “Neutral,” citing strong execution, market share gains, and resilience across key end markets despite broader concerns in the life sciences tools sector.

(Bloomberg) -- Shares of drone makers and suppliers rallied Thursday after a report said the Trump Administration is exploring potential funding deals with a group of companies to increase domestic production and lower costs.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-Preside

Best Buy is known for its laptops and smartphones. Best Buy stock surged nearly 17% Thursday after the electronics chain reported first-quarter operating earnings of $1.28 a share, up from $1.15 a year earlier—helped by higher margins and a 2% bump in same-store sales. Best Buy, meanwhile, stoked the uncertainty further when it announced in April that CEO Corie Barry would step down Oct. 31, to be replaced by longtime company veteran Jason Bonfig.

Snowflake just jumped on earnings. It could bode well for the broader software sector.

Memory-chip makers Micron and Sandisk scored price-target hikes from Wall Street analysts on Thursday. Both stocks are at record highs.

Defense drone stocks are surging at midday Thursday after a Wall Street Journal and CNBC report indicated the Pentagon is in talks with drone manufacturers about funding deals that could include direct federal equity stakes. Unusual Machines (NYSE:UMAC) stock leads the rally with a 58% intraday jump, while Red Cat Holdings (NASDAQ:RCAT) stock is up ... Trump Invested in Intel And it Soared 500%. Here’s the Next Industry the Government is Buying.

Best Buy (NYSE:BBY) reported better-than-expected first-quarter fiscal 2027 results, with comparable sales rising 2% from a year earlier and adjusted earnings per share increasing 11%, executives said on the company’s earnings call. CEO Corie Barry said the retailer generated revenue of $8.9 billio

Best Buy Co Inc (NYSE:BBY) shares jumped 17% after the retailer’s first quarter earnings topped Wall Street expectations and the company reaffirmed its full-year outlook. The company reported adjusted earnings per share of $1.28, topping analyst estimates of $1.22, while total revenue rose to...

Dell Technologies stock climbed Thursday after the company secured a major Pentagon software contract ahead of quarterly earnings.

Chinese EV Rivals Split After Earnings as XPeng Impresses and Li Auto Stumbles

Earlier Thursday, delivery platform DoorDash announced a partnership with Dollar Tree to offer on-demand delivery from the retailer’s U.S. stores. Dollar Tree stock spiked 17%. Shares had tumbled 22% in 2026—the company’s first calendar year since selling Family Dollar at an enormous loss last summer.

🌳 Dollar Tree (DLTR) logged higher profit and revenue in its fiscal first quarter, as consumers turned to the company for low-cost goods. “Our model is built for environments like this,” CEO Mike Creedon said.

Remember the ‘SaaSpocalyse,’ the period on Wall Street this year when traders panicked that AI would displace software companies? The move follows strong earnings results from Snowflake yesterday, during which the company issued better-than-expected annual guidance and said it is seeing increasing demand for its artificial intelligence tools. It's an example of how some software companies are adapting to the AI revolution.

Snowflake stock jumped after a better than expected quarter driven by accelerating enterprise AI demand.

Best Buy (NYSE:BBY) shares surged nearly 10% in premarket trading after the electronics retailer reported first-quarter results that topped analyst expectations, supported by improved comparable sales and strength across several key product categories. Adjusted earnings per share came in at $1.

AI infrastructure firm Nebius Group's shares climbed over ‌10% in premarket trading on Thursday, ‌after Situational Awareness, a fund run by ​a former OpenAI employee named Leopold Aschenbrenner, became its biggest shareholder. The fund reported a 5.6% stake ⁠in Nebius, worth nearly $2.6 billion as of Wednesday. It is run by Aschenbrenner, who was previously part of the "Superalignment" team at OpenAI.

IBM stock climbed Thursday as the tech giant pledged to invest more than $10 billion over five years in its quantum computing efforts. The news comes a week after a $1 billion award from the federal government for quantum computing gave IBM shares a major jolt. The $10 billion toward includes research and development funds, capital expenditures and mergers and acquisitions, IBM said in a filing with the Securities and Exchange Commission.

Best Buy (BBY) delivered earnings and revenue surprises of +5.00% and +1.44%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?