Why Did STI, BB, CSCO Stocks Surge To 52-Week Highs Today?

Investors are looking beyond consumer-facing AI products toward the fundamental technologies that enable the broader ecosystem.
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A Blackberry logo is displayed (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
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Shivani Kumaresan·Stocktwits
Published Jun 04, 2026   |   11:10 PM EDT
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  • Solidion hit a 52-week high of $38.15 after unveiling its extreme-climate graphene battery platform for space applications. 
  • BlackBerry extended its rally on confidence in a turnaround and QNX's growth potential.
  • Cisco hit a record high of $130.37 as demand for AI-driven networking upgrades remained strong. 

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Shares of Solidion Technology (STI), BlackBerry (BB) and Cisco Systems (CSCO) each reached new 52-week highs on Thursday as investors piled into businesses supplying critical components for next-generation computing and artificial intelligence. 

While Solidion Technology soared 356%, BlackBerry and Cisco Systems stocks each gained nearly 2% and 3%, respectively. 

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STI Captures Space Interest

Solidion notched its best day ever, ending the session on a year’s high of $38.15. The rally followed the company's introduction of a new patented battery technology designed to work in extreme temperatures. The company is targeting growing space and lunar markets, with batteries built for satellites, space-based AI data centers, spacecraft, and future Moon missions.

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Beyond space projects, Solidion’s battery technology can also be used in electric vehicles, AI data center backup power systems, and aerospace applications, providing the company with multiple revenue streams as demand for clean energy and space technology grows. 

On Stocktwits, retail sentiment for the stock rose to ‘extremely bullish’ from ‘bullish’ the previous day. 

BB's Turnaround Narrative Strengthens

BlackBerry extended a powerful rally, eyeing a third consecutive week of gains after investors were convinced of the company’s multiyear restructuring efforts reaching a successful conclusion. 

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Speaking at the 2026 Baird Global Consumer Conference, BlackBerry CFO Tim Foote said QNX revenue is expected to increase by roughly 15%. QNX platform is widely used in connected vehicles and industrial systems.

Investors are paying close attention to BlackBerry’s software used in safety-critical systems, as well as its growing presence in AI-powered robotics and automotive technology. The company also expects to generate positive cash flow this year. 

Retail sentiment around the stock remained in ‘extremely bullish’ territory. 

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CSCO Benefits From Data-Center Spending

Cisco stock reached a record high of $130.37 on Thursday, continuing its steady climb as enterprises and cloud providers invest heavily in networking upgrades. This week, the company unveiled Cisco Cloud Control, which is a single platform that helps people and AI agents manage IT systems together. It combines Cisco’s tools in one place and lets users create apps and AI agents using natural language, while also working with third-party software. 

Cisco has secured $5.3 billion in AI infrastructure and hyperscaler orders so far this fiscal year. The company also increased its full-year AI orders target from $5 billion to $9 billion and raised its AI revenue forecast from $3 billion to $4 billion. 

 Retail sentiment around the stock remained in ‘neutral’ territory. 

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Also See: CELH Stock Dips Most In 3 Months On Teen Death Probe: Two Analysts Still See 98% Upside

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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