Shares of collaboration software company Atlassian (NASDAQ:TEAM) jumped 15.4% in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
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A number of stocks jumped in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
Shares of business intelligence platform Domo (NASDAQ:DOMO) jumped 7.3% in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
The Nasdaq rose 0.2% today, while the S&P 500 rose 0.2% and the Dow Jones Industrial Average gained 0.7%. The Nasdaq rose 25% in April and May, its best two-month stretch since October and November of 2002. Dell Technologies surged 32% on Friday following the company’s blowout earnings report.
Shares of cloud monitoring platform Datadog (NASDAQ:DDOG) jumped 8% in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) jumped 12.7% in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
A number of stocks jumped in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
A number of stocks jumped in the afternoon session after a two-day wave of AI conviction, sparked by Snowflake's best single-session day on record and extended by Dell's blowout earnings continued to weaken the narrative that weighed on the software sector.
Shares of computer hardware and IT solutions company Dell (NYSE:DELL) jumped 30.2% in the afternoon session after it reported a blowout Q1 FY2027 earnings report.
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 8.5% in the afternoon session after its partnership with Dell Technologies was validated by a strong quarterly earnings report from the tech giant, boosting investor confidence in Palantir's role in AI infrastructure.
Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 12.2% in the afternoon session after rival Dell Technologies reported blowout quarterly results, signaling exceptionally strong demand for artificial intelligence (AI) servers.
President Donald Trump said he was ready to make a “final determination” on a preliminary agreement to extend the ceasefire.
Shares of technology and consulting giant IBM (NYSE:IBM) jumped 12% in the afternoon session after it announced a $10 billion commitment to quantum computing with CHIPS Act backing, supported by a sector read-through from Dell's blowout Q1 results.
Verda gives Super Micro a fresh European AI cloud win at a time when customers are looking for dense, liquid-cooled systems, and regulators are watching advanced server shipments more closely.
The scale and audacity of what is happening here is unprecedented in modern American history. No sitting president has bought individual stocks while in office.
Today, May 29, 2026, investors are zeroing in on how AI-fueled server demand and upcoming earnings could reshape this infrastructure leader.

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Dell Technologies (DELL) is in a "strong" position to continue to outperform amid the ongoing artifi
Server makers Dell and Super Micro Computer headline the top stocks. A slew of companies that issued weak earnings reports bring up the rear.
Markets rise as AI optimism, easing Iran tensions, and stronger earnings sentiment support risk appetite.
US equity indexes hit all-time highs as technology shares surged ahead of President Donald Trump's d
Investing.com -- Wall Street hit new record highs this week, buoyed by reports that the U.S. and Iran had reached a deal to extend their ceasefire and remove restrictions on vessels crossing the Strait of Hormuz.
Dell reported earnings results considerably above consensus estimates, and raised guidance.
Shares of Applied Optoelectronics (NASDAQ:AAOI) are down 9% midday Friday to roughly $154, leading a broader cool-off in AI optics names. Coherent (NYSE:COHR) is off 8% to about $346, and Lumentum (NASDAQ:LITE) is sliding 4% to around $829. The drops look dramatic on the day, yet they barely dent the year’s gains. AAOI stock is ... Applied Optoelectronics Tumbles 9%, Coherent Sinks 8%, Lumentum Falls 4% as Optics Stocks Cool Off
AI Server Boom Is Back. Dell Ignites Massive Rally in Super Micro Stock