CLOSING BELL

The market climbed Thursday, all eyes were watching the tech elite touring China alongside President Trump.

Most of the news out of the other side of the world was good: Nvidia was reaching nearly $6T in MC after getting its H200 chip shipments, finally, and China was “open wider” for business, but there was still trouble on the far horizon.

The U.S. approved Boeing plane sales, but stock watchers wanted more planes than they approved, and President Xi reportedly told Trump that the situation in Taiwan could be ‘extremely dangerous’.

Under the surface, Stocktwits users flocked to watch the AI trade pull fresh tech records.

Today’s Briefing:

• After the Bell: Figma’s beat-and-raise worked, while Rumble’s AI pivot still had to answer for a Q1 miss

• Stock News: Ondas turned defense demand into a revenue ramp, and Cerebras gave the AI IPO window its loudest bell yet

• Macro-Ish News: Trump’s latest filing showed huge Q1 stock buys across mega-cap tech, ETFs, and market-sensitive names

• Pops and Drops & More

AFTER THE BELL
Figma Makes SaaS Fun Again 🎨

Figma, the digital design software company, popped Thursday night after Q1 results showed the AI-product story is actually helping seat expansion instead of just giving management a shinier buzzword.

The RIP: $FIG ( ▲ 6.86% ) rose +13% after-hours. Adjusted EPS came in at $0.10 vs. $0.06 expected, while revenue jumped 46% year-over-year to $333.4M vs. $316M expected. Q2 revenue guidance of $348M-$350M topped the $329M estimate, and full-year revenue guidance rose to $1.42B-$1.43B vs. $1.37B consensus.

What The Community Said: The $FIG stream is bullish on Stocktwits, 16k watchers are focused on whether the Q1 beat and guidance raise can drag the stock back toward its IPO highs. The question with Figma has always been, can they afford to keep the AWS hoasthostinging lights on for a browserbased editor, and without adjustment the firm lost some $142M for the quarter.

Top Posts

• @bugaboo1989: “$FIG why anyone would try shorting the de facto design tool used in every single tech company in the world to zero is beyond me.” Post

• @Ros1031: “$FIG 46%, guidance raise. hahaha” Post

The real story in the report is net dollar retention hitting 139%, its best level in more than two years, while paying customers and $100k-plus ARR customers both rose 54%. 🎨

Sound off in $FIG: AI design edge or SaaS sugar high →

Rumble’s AI Pivot Gets No Free Pass 📉

Rumble, the video platform trying to bolt an AI infrastructure story onto its creator business, slid Thursday after Q1 results missed estimates despite record first-quarter revenue and user growth.

The RIP: $RUM fell -5% after-hours. Revenue rose 7% year-over-year to $25.46M, missing the $25.98M estimate. Loss per share was $0.12, worse than the $0.09 loss expected. Global MAUs rose 8% quarter-over-quarter to 56M.

What The Community Said: The $RUM ( ▼ 1.8% ) stream is bullish, message volume is high, and 33k watchers are focused on whether the Northern Data deal: the soical sight bought 81% of an AI infrastructure firm with 22k Nvidia chips. Stocktwits users also celebreated the Senate passing of the Clarity in Banking Act that lays a framework for crypto and stablecoin regulation.

• @Nopainnogain99: “$RUM with the Clarity Act advancing, Tether will get even richer, Rumble Wallet gets more useful, Rumble makes more $$.” Post

The Northern Data acquisition is still the real swing factor, with Rumble expecting a mid-June close and saying the combined company would have posted roughly $75M in Q1 revenue. Until then, holders are stuck weighing a small revenue miss against the bigger question: whether this becomes an AI infrastructure platform or just a video app with a louder pitch deck. 📉

Jump into $RUM: AI pivot or miss →

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TRENDING ON STOCKTWITS
Pops & Drops

• $AIIO ( ▲ 116.09% )  Robo.ai ⚡: exploded +108% after NeuroStream platform launch

• $CSCO ( ▲ 13.41% )  Cisco: popped +13% after AI orders drove guidance raise

• $UMAC ( ▲ 13.09% )  Unusual Machines ⚡: jumped +10% after Q1 revenue rose 296%

• $AMAT ( ▲ 0.91% )  Applied Materials ⚡: climbed +5% after record Q2

• $INFQ ( ▲ 5.12% )  Infleqtion ⚡: edged up +1% after Quantum Spectrum launch

• $CRCL ( ▼ 2.13% )  Circle ⚡: slid -2% after post-earnings profit-taking continued

• $BA ( ▼ 4.73% )  Boeing ⚡: fell -5% after 737 MAX delivery worries resurfaced

• $UAMY ( ▼ 4.01% )  U.S. Antimony ⚡: dropped -8% before Q1 earnings release

MORE STOCK NEWS  
Ondas Drones The Bears 🚁 

Ondas, the unmanned systems (drones) and wireless company, ripped Thursday after a beat-and-raise Q1 showed defense demand doing the thing every drone bull has been waiting for: turning backlog into revenue.

The RIP: $ONDS ( ▲ 26.52% ) revenue jumped more than tenfold to $50.1M, beating the $39.4M estimate. Full-year revenue guidance rose to at least $390M, up 670% from 2025, but its EBITDA loss climbed 470% from last year to $67.3M. Backlog hit $457M, cash and short-term investments were $1.48B, and OAS adjusted EBITDA profitability moved up to Q1 2027 from Q3 2027.

The stock is still down more than 9% year-to-date. The key question now is whether Ondas can convert that defense and counter-drone demand without letting front-loaded expenses eat the story before the H2 revenue ramp arrives. 🚁

Post your view in $ONDS: backlog or burn →

Cerebras IPO Rings the AI Bell 🔔

Cerebras, the AI chipmaker built around giant wafer-scale processors, exploded in its Nasdaq debut Thursday. The $CBRS stream is extremely bullish, message volume is extremely high, and 6k Watchers are mostly debating whether Cerebras is a real AI inference rerating or an IPO-day FOMO trap.

The RIP: $CBRS priced its IPO at $185, raised about $5.5B, opened at $350, and traded as high as $385. Shares reached 68%+ from the IPO price, valuing the company around $70B. CEO Andrew Feldman’s 4.6% stake is worth about $3.2B.

Top Posts

• @KilroyPicks: “$CBRS – If they actually do $2 Billion in revenue this year we are only looking at a P/S ratio 4 compared to AMD…” (post)

• @BEST_MAN_EVER: “$CBRS If Cerebras captures 10% of the $255B inference market, a $250-350B market cap and $750-$1.X,050/share is a reasonable” (post)

• @bluebird23: “$CBRS dont fomo … they never ever ever ever keep going .. would touch with 10 ‘ pole…” (post)

• @MrBullToYou: “$CBRS the slow drip back to $200 is going to hurt a few ppl” (post)

The bull case: AI models are getting useful, users hate waiting, and Cerebras says its printer-paper-sized chips can speed up inference. The bear case: OpenAI is expected to be a “substantial” revenue source for years, and strategic megadeals are not the same thing as a diversified customer base. 🔔

Give your take on $CBRS: Nvidia threat or IPO fever →

MACRO-ISH NEWS
Big Guy, Big Filing: Trump’s Stock Picks Dropped 🧾 

The signature heard around the world, from the OGE filing

Donald Trump’s latest ethics disclosure hit like a 113-page portfolio confessional, with thousands of reported securities transactions tied mostly to January through March 2026. The filing does not show exact position sizes or gains, but it does show a lot of movement across mega-cap tech, broad-market ETFs, sector funds, and cash-like vehicles.

The RIP: The Office of Government Ethics received the Form 278-T on May 12, 2026, covering transactions above $1,000. The largest reported sales were in the $5M-$25M range, including Microsoft, Amazon, Meta, and Vanguard Dividend Appreciation ETF. Many purchases landed in the $1M-$5M band across Nvidia, Oracle, Adobe, Broadcom, Apple, Boeing, Uber, Costco, and ETFs. 🧾

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WHAT’S ON DECK
Tomorrow’s Top Things 📋

After-Market Earnings: $DVLT Datavault AI Inc., $CREG Smart Powerr Corp, $NNE Nano Nuclear Energy Inc, $GTEC Greenland Technologies Holding Corp, $DTST Data Storage Corp, +4 more. 🌙

P.S. You can listen to all of these earnings calls on Stocktwits.

Get In Touch 📬

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