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Steel stock Cleveland-Cliffs jumps 7.2%, signaling potential further gains after GM award and strong price rally.

Technical Signals
28 May 2026
Forbes
View Source
Bullish
pluang ai news

Cleveland-Cliffs Inc (CLF) stock surged 7.2% to $12.85, marking its best single-day gain in over a month, driven by its recent recognition as General Motors' Supplier of the Year for 2025 and elevated steel prices. The stock has gained 24% in the past week and is trading at its highest level since February, having crossed its 100-day moving average—a bullish indicator historically followed by further gains. Despite a high short interest of 15%, the stock's momentum and potential short squeeze could push prices higher. Analyst sentiment remains cautious with most ratings at 'hold' or worse, but a shift to more bullish views could support continued gains this summer.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
45 minutes ago
Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
3 hours ago
Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...

Market News
Bullish
4 hours ago
UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...

Market News
Bullish
4 hours ago
Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...

Technical Signals
Bullish
4 hours ago
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