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Meta Platforms Investors Reject Proposals as Zuckerberg Bets Big on AI

Meta Platforms (NASDAQ:META) shareholders rejected a slate of outside investor proposals at the company’s 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta’s core apps and advertising, pe

NASDAQ:META
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Similarweb Ltd. (NYSE:SMWB) Short Interest Up 175.8% in May

Similarweb Ltd. (NYSE:SMWB - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 714,388 shares, an increase of 175.8% from the April 30th total of 258,981 shares. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 966,969 shares, the days-to-cover ratio is currently 0.7 days.

NYSE:SMWB
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Microchip Technology Says Inventory Slump Is Nearing End as Data Center Wins Build

Microchip Technology (NASDAQ:MCHP) executives said the company is nearing the end of a prolonged inventory correction while positioning for growth tied to data centers, aerospace and defense, automotive systems and industrial markets. Speaking at TD Cowen’s 54th annual TMT conference, President and

NASDAQ:MCHP
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Marathon Digital Bets Its Bitcoin Mining Power Assets Can Fuel AI Data Center Growth

Marathon Digital (NASDAQ:MARA) Chairman and Chief Executive Officer Fred Thiel said the company’s push into AI and high-performance computing infrastructure has been a multiyear process built on its experience aggregating low-cost power and data center capacity for bitcoin mining. Speaking at TD Co

NASDAQ:MARA
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May 30, 2026 4:02 PM ET

Lam Research CEO Sees AI Fueling $140 Billion Chip Equipment Boom

Lam Research (NASDAQ:LRCX) President and CEO Tim Archer said AI demand is reshaping the semiconductor equipment market across logic, memory, storage and packaging, creating what Bernstein analyst Stacy Rasgon described as a “renaissance” for wafer fab equipment. Speaking at a Bernstein conference,

NASDAQ:LRCX
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May 30, 2026 7:03 AM ET

Innoviz Technologies Sees Lidar Momentum Rebounding as Defense, Physical AI Demand Grows

Innoviz Technologies (NASDAQ:INVZ) Chief Financial Officer Eldar Cegla said the lidar industry is seeing renewed momentum in automotive applications and growing demand in non-automotive markets tied to “Physical AI,” during a fireside chat at TD Cowen’s TMT Conference. Speaking with TD Cowen analys

NASDAQ:INVZ
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May 30, 2026 6:15 AM ET

Ituran Location and Control Ltd. (NASDAQ:ITRN) Given Consensus Rating of "Moderate Buy" by Brokerages

NASDAQ:ITRN
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May 30, 2026 5:48 AM ET

UBS Group Downgrades Best Buy (NYSE:BBY) to Hold

NYSE:BBY
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May 30, 2026 5:48 AM ET

GAP (NYSE:GAP) Lowered to Hold Rating by Evercore

NYSE:GAP
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May 30, 2026 5:48 AM ET

Kinetik (NYSE:KNTK) Stock Rating Upgraded by US Capital Advisors

NYSE:KNTK
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May 30, 2026 5:42 AM ET

Snowflake (NYSE:SNOW) Raised to "Strong-Buy" at HSBC

NYSE:SNOW
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May 30, 2026 5:42 AM ET

US Capital Advisors Downgrades Targa Resources (NYSE:TRGP) to Moderate Buy

NYSE:TRGP
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May 30, 2026 5:42 AM ET

US Capital Advisors Upgrades Western Midstream Partners (NYSE:WES) to "Strong-Buy"

NYSE:WES
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May 30, 2026 5:42 AM ET

Li Auto (NASDAQ:LI) Rating Lowered to "Strong Sell" at Zacks Research

NASDAQ:LI
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May 30, 2026 5:42 AM ET

Diamondback Energy (NASDAQ:FANG) Downgraded by Zacks Research to Hold

NASDAQ:FANG
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May 30, 2026 5:42 AM ET

Zacks Research Downgrades Elastic (NYSE:ESTC) to Strong Sell

NYSE:ESTC
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May 30, 2026 5:42 AM ET

Dollar Tree (NASDAQ:DLTR) Cut to "Hold" at Freedom Capital

NASDAQ:DLTR
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May 30, 2026 5:42 AM ET

Delek US (NYSE:DK) Lowered to Hold Rating by Zacks Research

NYSE:DK
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May 30, 2026 5:41 AM ET

Johnson & Johnson $JNJ Shares Sold by WASHINGTON TRUST Co

NYSE:JNJ
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May 30, 2026 5:41 AM ET

WASHINGTON TRUST Co Takes $19.03 Million Position in Marsh & McLennan Companies, Inc. $MRSH

NYSE:MRSH
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May 30, 2026 5:41 AM ET

WASHINGTON TRUST Co Increases Stake in Bank of America Corporation $BAC

NYSE:BAC
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May 30, 2026 5:41 AM ET

WASHINGTON TRUST Co Has $13.68 Million Stake in EMCOR Group, Inc. $EME

NYSE:EME
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May 30, 2026 5:41 AM ET

WASHINGTON TRUST Co Decreases Holdings in e.l.f. Beauty $ELF

NYSE:ELF
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May 30, 2026 5:41 AM ET

WASHINGTON TRUST Co Purchases 11,867 Shares of ExxonMobil Corporation $XOM

NYSE:XOM
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May 30, 2026 5:41 AM ET

Zoetis Inc. $ZTS Shares Sold by WASHINGTON TRUST Co

NYSE:ZTS
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May 30, 2026 5:40 AM ET

WASHINGTON TRUST Co Increases Stock Holdings in International Business Machines Corporation $IBM

NYSE:IBM
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May 30, 2026 5:40 AM ET

WASHINGTON TRUST Co Has $3.70 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

NASDAQ:PYPL
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May 30, 2026 5:40 AM ET

116,630 Shares in Sportradar Group AG $SRAD Acquired by WASHINGTON TRUST Co

NASDAQ:SRAD
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May 30, 2026 5:40 AM ET

Triodos Investment Management BV Makes New Investment in Eli Lilly and Company $LLY

NYSE:LLY
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May 30, 2026 5:40 AM ET

Triodos Investment Management BV Reduces Position in Elevance Health, Inc. $ELV

NYSE:ELV
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