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Stocks making the biggest moves midday: Unusual Machines, Snowflake, Arm, Dollar Tree & more

Cnbc · · 757 words · By Davis Giangiulio
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What to know about Stocks making the biggest moves midday: Unusual Machines, Snowflake, Arm, Dollar Tree & more

International Business Machines – Shares rose about 3% after the company disclosed in a regulatory filing that it would invest more than $10 billion toward quantum computing over the next five years.

Claims checked 29
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center83%
Right17%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

International Business Machines – Shares rose about 3% after the company disclosed in a regulatory filing that it would invest more than $10 billion toward quantum computing over the next five years.

Why it matters

Arm Holdings – The chipmaker jumped more than 15% after Mizuho lifted its price target to $360 from $290.

Common ground

The firm said it sees tailwinds from internal CPU ramps in 2027 and continued strength from customer CPUs.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/28/stocks-making-the-biggest-moves-midday-umac-snow…

fact_checkClaims Checked

eFinder analyzed this article and checked 29 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 19
check_circle Corroborated 6
help Insufficient Evidence 3
info Single Source 1
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Claim 1: “The company [Burlington Stores] plans also throughout the year to open 115 net new stores.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 2: “Hormel Foods ... reported fiscal second-quarter adjusted earnings of 40 cents, compared to analysts polled by FactSet's expectations of 35 cents.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 3: “Nebius Group ... a hedge fund operated by a former OpenAI employee revealed it owns a 5.6% stake in the company.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
help
Claim 4: “That's up from the prior forecast of $6.50 to $6.90 per share [for Dollar Tree].”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to confirm or deny the prior forecast of $6.50 to $6.90 per share for Dollar Tree.
schedule
Claim 5: “Agilent also reported a second-quarter beat on both the top and bottom lines.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 6: “The company [Dollar Tree] also announced a partnership with DoorDash to bring on-demand delivery from its stores to consumers.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 7: “Snowflake sees second-quarter adjusted operating margin coming in at 12.5% on product revenue of $1.415 billion to $1.420 billion.”
CORROBORATED
Three independent web search results (Quartz, and two others) confirm Snowflake's second-quarter guidance of a 12.5% adjusted operating margin and product revenue between $1.415 billion and $1.420 billion.
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web search NEUTRAL — May 28, 2026 ... Looking to the second quarter, the company projected product revenue ... billion to $1.420 billion with a non-GAAP operating margin of 12.5%.
https://qz.com/snowflake-earnings-beat-aws-6-billion-deal-05…
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web search NEUTRAL — May 27, 2026 ... Guidance was also strong, as Snowflake called for a 12.5% fiscal second-quarter adjusted operating margin on $1.415 billion to $1.420 billion in ...
https://www.facebook.com/Stockstoearnpage/photos/breaking-sn…
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web search NEUTRAL — May 28, 2026 ... For the second quarter, Snowflake projected product revenue between $1.415 billion and $1.420 billion, implying roughly 30% growth compared ...
https://finance.yahoo.com/markets/stocks/articles/snowflake-…
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Claim 8: “The FactSet consensus sought $6.67 per share [for Dollar Tree].”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding the FactSet consensus estimate of $6.67 per share for Dollar Tree.
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Claim 9: “International Business Machines – Shares rose about 3% after the company disclosed in a regulatory filing that it would invest more than $10 billion toward quantum computing over the next five years.”
CORROBORATED
Multiple independent web search results confirm IBM's plan to invest more than $10 billion in quantum computing over five years, specifically mentioning a regulatory disclosure.
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wikipedia NEUTRAL — IBM System - is a common name for IBM products.
https://en.wikipedia.org/wiki/IBM_System
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wikipedia NEUTRAL — International Business Machines Corporation, doing business as IBM (nicknamed Big Blue), is an American multinational technology company headquartered in Armonk, New York, and present in over 175 coun…
https://en.wikipedia.org/wiki/IBM
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wikipedia NEUTRAL — The IBM Personal Computer (model 5150), often referred to as the IBM PC, is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Release…
https://en.wikipedia.org/wiki/IBM_Personal_Computer
+ 3 more evidence sources
schedule
Claim 10: “The company [Salesforce] also posted a first-quarter earnings and revenue beat.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 11: “Unusual Machines surged about 65%. AeroVironment jumped 18%. Red Cat Holdings gained 39%, while Kratos Defense & Security Solutions popped 14%.”
SINGLE SOURCE
While web search results mention these companies in the context of drone stocks and some price movements, they do not provide the specific percentage gains (65%, 18%, 39%, 14%) mentioned in the claim to corroborate the exact surge.
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web search NEUTRAL — UMAC Unusual Machines, Inc. 23.90 -7.54%. ONDS Ondas Inc. 9.65 -6.31%. RDW Redwire Corporation. 15.75 -15.19%. KTOS Kratos Defense & Security Solutions, Inc.
https://finance.yahoo.com/quote/RCAT/
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web search NEUTRAL — Red Cat Holdings shares tumbled nearly 14%, shares jumped 37% on May 29. AeroVironment, Inc. $185.92. Unusual Machines, Inc. $26.70. Kratos Defense & Security ...
https://www.perplexity.ai/finance/RCAT
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web search NEUTRAL — Red Cat is a fast-growing U.S. provider of secure, American-made uncrewed systems built for defense and national security missions.
https://redcat.red/
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Claim 12: “Synopsys said that it has reached an agreement with activist Elliott Investment Management, appointing Jesse Cohn to its board of directors, effective June 1.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 13: “Agilent Technologies ... raised its full-year adjusted earnings guidance to between $6 and $6.10 per share, higher than previous estimates of between $5.90 to $6.04 a share.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
help
Claim 14: “Dollar Tree ... raised its guidance for the full year, calling for adjusted earnings in a range of $6.70 to $7.10 per share.”
INSUFFICIENT EVIDENCE
The claim states Dollar Tree raised guidance to $6.70 to $7.10 per share. However, evidence from Hindustan Times explicitly states that Dollar Tree raised its adjusted earnings per share guidance to $5.60–$5.80, which directly contradicts the figures in the claim.
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web search NEUTRAL — Adjusted earnings per share (EPS), which exclude the PFAS settlement, came in at $2.17, a full $0.41 higher than analysts were expecting. On top of a stronger-than-expected Q2, 3M boosted its adjusted…
https://www.fool.com/investing/2023/07/26/3m-raises-its-earn…
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web search NEUTRAL — Philip Morris cut its adjusted earnings per share forecast for 2026 to a range of $8.31 to $8.46, down from its previous guidance of $8.36 to $8.51. The new range compares to the Bloomberg consensus e…
https://in.investing.com/news/stock-market-news/philip-morri…
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web search NEUTRAL — Following that performance, Dollar Tree raised its full-year fiscal 2025 profit forecast. The adjusted earnings per share guidance was raised to $5.60–$5.80, up from earlier guidance of $5.32–$5.72.
https://www.hindustantimes.com/world-news/us-news/why-dollar…
schedule
Claim 15: “NCino ... raised its full-year revenue guidance to a range of $642 million to $646 million, versus prior estimates of between $639 million to $643 million.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 16: “Everpure ... the company formerly known as Pure Storage reported a first-quarter adjusted earnings and revenue beat.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 17: “Analysts polled by StreetAccount were looking for 11.9% margin, with $1.37 billion in product revenue [for Snowflake].”
CORROBORATED
The claim is corroborated by a cross-reference (CNBC) and multiple web search results stating that StreetAccount analysts expected an 11.9% margin and $1.37 billion in product revenue.
travel_explore
web search NEUTRAL — May 27, 2026 · Analysts surveyed by StreetAccount had been looking for a 11.9% margin, with $1.37 billion in product revenue. Snowflake also said it was ...
https://www.cnbc.com/2026/05/27/snowflake-amazon-graviton-cl…
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web search NEUTRAL — 42 billion dollars in product revenue as analyst guided for 11. 9% margin on $1. 37 billion dollars in product revenue and this is a big part of their ...
https://www.facebook.com/StasTalksStocks/videos/snowflake-st…
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web search NEUTRAL — May 28, 2026 · Analysts surveyed by StreetAccount anticipated a 11.9% margin, with $1.37 billion in product revenue. Snowflake's results helped alleviate ...
https://www.cnbc.com/2026/05/28/snowflake-snow-software-stoc…
+ 1 more evidence source
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Claim 18: “The company [Best Buy] also reaffirmed its full-year guidance.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 19: “Everpure also shared operating income guidance for the current quarter and full year that exceeded estimates.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 20: “Norfolk Southern , Union Pacific – The railways tumbled around 4% after the Surface Transportation Board halted its review of a proposed $71.5 billion merger of the two companies.”
CORROBORATED
Web search results confirm the Surface Transportation Board (STB) paused/halted the review of the merger between Union Pacific and Norfolk Southern. While one source mentions a $71.5 billion figure and another mentions a revised $85 billion application, the act of halting the review is corroborated.
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wikipedia NEUTRAL — In the United States, a Class II railroad, sometimes referred to as a regional railroad, is a railroad company that is not Class I, but still has a substantial amount of traffic or trackage (and is th…
https://en.wikipedia.org/wiki/List_of_U.S._Class_II_railroad…
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wikipedia NEUTRAL — The proposed merger between Union Pacific Corporation and Norfolk Southern Corporation would unite two major U.S. railroads, creating what would be the first single-line railroad linking the Atlantic …
https://en.wikipedia.org/wiki/Proposed_merger_between_Union_…
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wikipedia NEUTRAL — The Surface Transportation Board (STB) of the United States is an independent federal agency that serves as an adjudicatory board. The board was created in 1996 following the abolition of the Intersta…
https://en.wikipedia.org/wiki/Surface_Transportation_Board
+ 3 more evidence sources
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Claim 21: “Synopsys posting adjusted earnings of $3.35 per share on revenue of $2.28 billion [for the second quarter].”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 22: “Dell Technologies ... won a $9.7 billion contract with the Pentagon. In the deal, Dell will provide a suite of software to the Department of Defense.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 23: “analysts were looking for $11.36 billion, per LSEG [for Salesforce].”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 24: “Best Buy ... Comparable sales were up 2% year-over-year”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 25: “The Wall Street Journal reported that President Donald Trump's administration is in talks to provide funding to some [drone companies].”
CORROBORATED
The claim is corroborated by a cross-reference (CNBC) and multiple independent web search results stating that the Wall Street Journal reported the Trump administration is in talks to fund drone companies.
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wikipedia NEUTRAL — The Wall Street Journal (WSJ), commonly known as the Journal, is an American newspaper based in Midtown Manhattan, New York City. It provides extensive coverage of news, especially business and financ…
https://en.wikipedia.org/wiki/The_Wall_Street_Journal
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wikipedia NEUTRAL — 40 Wall Street (also the Trump Building; formerly the Bank of Manhattan Trust Building and Manhattan Company Building) is a 927-foot-tall (283 m) neo-Gothic skyscraper on Wall Street between Nassau an…
https://en.wikipedia.org/wiki/40_Wall_Street
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wikipedia NEUTRAL — The editorial board at The Wall Street Journal writes opinion articles in The Wall Street Journal and selects opinion articles by outside parties for publication. The editorial board is known for its …
https://en.wikipedia.org/wiki/Editorial_board_at_The_Wall_St…
+ 4 more evidence sources
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Claim 26: “Salesforce raised its full-year earnings guidance range.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 27: “Kohl's lost 13 cents per share, compared to analysts polled by FactSet's expectations for a loss of 19 cents.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 28: “Salesforce ... guided for current-quarter revenue between $11.27 billion to $11.35 billion”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 29: “Arm Holdings – The chipmaker jumped more than 15% after Mizuho lifted its price target to $360 from $290.”
CORROBORATED
Three independent sources (The Motley Fool, Perplexity, and another web search result) confirm that Mizuho raised its price target for Arm Holdings from $290 to $360.
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wikipedia NEUTRAL — SoftBank Group Corp. (ソフトバンクグループ株式会社, SofutoBanku Gurūpu Kabushiki gaisha) is a Japanese multinational investment holding company headquartered in Minato, Tokyo, that focuses on investment management.…
https://en.wikipedia.org/wiki/SoftBank_Group
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wikipedia NEUTRAL — Mizuho Americas was established on July 1, 2016 as a US bank holding company, as the American corporate and investment banking arm of the Tokyo-based Mizuho Financial Group.
https://en.wikipedia.org/wiki/Mizuho_Americas
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wikipedia NEUTRAL — Resona Holdings, Inc. (株式会社りそなホールディングス, Kabushiki-gaisha Risona Hōrudingusu) (TYO: 8308) is the holding company of Resona Group (りそなグループ, Risona Gurūpu), the fifth-largest banking group in Japan as of…
https://en.wikipedia.org/wiki/Resona_Holdings
+ 3 more evidence sources
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.