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NASDAQ:HCP 7 August 2025

Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple will invest $100 billion in US manufacturing, expanding Corning’s Kentucky glass production and partnering with Samsung on new chipmaking at its Texas fab. Sony raised its annual profit forecast to ¥1.33 trillion and cut its expected tariff impact, with PlayStation network services driving growth; shares rose 5%.
7 August 2025
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Stock Market Today

  • Alphabet Stock Falls 2.1% After Insider Selling Amid Strong AI Growth Prospects
    May 19, 2026, 6:30 PM EDT. Alphabet Inc. (NASDAQ:GOOG) shares declined 2.1% to $384.90 following insider sales by major shareholder 2019 Gp L.L.C. Gv, who sold over 147,000 shares across two days. Trading volume rose 13% above average to 23.4 million shares. Despite the drop, analysts remain bullish with price targets up to $470, reflecting confidence in Alphabet's expanding artificial intelligence (AI) initiatives, including Google I/O product upgrades and a new $5 billion AI cloud partnership with Blackstone. The consensus rating stays at Buy, supported by AI-driven growth potential in Google's core search and cloud units.

Latest articles

8×8 Jumps on Profit Beat as Margins Stay Under Pressure

8×8 Jumps on Profit Beat as Margins Stay Under Pressure

20 May 2026
8x8 shares rose 14.1% to $2.75 in after-hours trading after reporting fourth-quarter revenue of $185.2 million, up 5%, and adjusted diluted earnings of 11 cents a share. Usage-based revenue grew over 70% year-over-year, making up 23% of service revenue. The company posted GAAP net income of $0.1 million, compared to a $5.4 million loss a year earlier. Fiscal 2027 revenue is forecast at $727 million to $747 million.
JetBlue axes 12 routes; Fort Lauderdale responds

JetBlue axes 12 routes; Fort Lauderdale responds

20 May 2026
JetBlue will end all flights at Manchester-Boston Regional Airport on July 8 and cut nine other East Coast routes, shifting capacity to Fort Lauderdale. The move follows Spirit Airlines’ shutdown and increased competition in South Florida. JetBlue said Fort Lauderdale revenue per seat mile rose 5% in the first quarter. Manchester officials expressed disappointment, noting JetBlue made up no more than 5% of airport traffic.
Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

20 May 2026
The U.S. shipped a record 9.9 million barrels from its emergency oil reserve last week, cutting stocks to 374 million barrels. Brent crude settled at $111.28 a barrel Tuesday after signs of progress in U.S.-Iran talks, but Exxon and Chevron warned the market has not fully absorbed the impact of the Strait of Hormuz closure. The IEA reported global oil inventories fell by 246 million barrels in March and April.
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