Today: 29 April 2026
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NYSE:STM 25 July 2025 - 9 February 2026

Amazon stock slips near close as AWS chip pact spotlights $200B AI spending bet

Amazon stock slips near close as AWS chip pact spotlights $200B AI spending bet

Amazon shares fell 0.5% to $209.19 Monday as investors weighed the company’s expanded chip deal with STMicroelectronics and a projected $200 billion in 2026 capital spending. AWS secured rights to buy up to 24.8 million ST shares over seven years, tied to chip purchases. About 80.8 million Amazon shares traded. U.S. jobs and inflation data due later this week could affect tech valuations.
STMicroelectronics stock slides nearly 5% on Trump Greenland tariff threat; what to watch next

STMicroelectronics stock slides nearly 5% on Trump Greenland tariff threat; what to watch next

STMicroelectronics shares fell 4.8% to 23.14 euros in Paris Monday after President Trump threatened new U.S. tariffs on eight European countries unless Greenland is sold to the U.S. European tech stocks dropped 2.9%, and market volatility hit its highest since November. EU leaders plan an emergency summit Thursday to discuss retaliation. U.S. markets were closed for a holiday.
20 January 2026
STMicroelectronics (STM) Stock News and Forecasts: Starlink Chips, €1B EIB Funding, and What to Watch Into 2026 (Dec. 15, 2025)

STMicroelectronics (STM) Stock News and Forecasts: Starlink Chips, €1B EIB Funding, and What to Watch Into 2026 (Dec. 15, 2025)

STMicroelectronics said it has shipped over 5 billion RF chips to SpaceX for Starlink terminals, with deliveries expected to double in two years. The company’s stock traded near $26.00 on December 15, 2025, little changed after the news. The update follows ST’s recent €1 billion credit line from the European Investment Bank to boost R&D and manufacturing in Europe.
Tech Turmoil: Tesla’s Slump, Starlink Outage & Mass Layoffs – Top Tech News (July 24–25, 2025)

Tech Turmoil: Tesla’s Slump, Starlink Outage & Mass Layoffs – Top Tech News (July 24–25, 2025)

Intel will cut about 24,000 jobs and cancel chip factory projects in Germany, Poland, and Costa Rica as new CEO Lip-Bu Tan moves to stem losses; shares fell 5% after a steep Q3 loss forecast. STMicroelectronics agreed to buy part of NXP’s sensor business for $950 million following its first quarterly loss in a decade. Tesla reported a 12–13% sales drop, missing Q2 profit estimates; shares slid 5%.

Stock Market Today

  • Qualcomm Q2 Earnings Preview Amid Smartphone Market Downturn
    April 29, 2026, 1:07 PM EDT. Qualcomm is set to report second-quarter earnings amid a sharp downturn in the global smartphone market. The company, known for its smartphone chips, faces challenges as shipments fell 4.1% in Q1, marking an end to a 10-quarter growth streak. Analyst Ming-Chi Kuo highlights Qualcomm's upcoming AI chip with OpenAI, aiming for mass production in 2028 to challenge Apple and Google's dominance. Despite diversification into data centers and automotive sectors, the handset division, driving most revenue, is expected to drop 12.5% year-over-year. Qualcomm forecasts Q2 revenue of $10.56 billion and earnings per share of $2.55, down from last year. CEO Cristiano Amon's upcoming keynote could shed light on the company's AI and data center strategies amid this challenging market.

Latest article

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

29 April 2026
Silicon Motion reported first-quarter revenue of $342.1 million, up 105% from a year earlier, and forecast second-quarter sales above Wall Street estimates. Shares rose $45.09 to $194.27 in New York trading. The company cited strong demand for embedded storage controllers and AI-related enterprise storage. CEO Wallace Kou said its MonTitan SSD controller platform will enter volume production this quarter.
Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

29 April 2026
Starbucks raised its fiscal 2026 outlook after global comparable store sales rose 6.2% in the second quarter, beating analyst estimates. Shares jumped about 10% to $107.03. North American operating margin fell to 9.9% from 11.6% due to higher labor and product costs. The company now expects at least 5% comparable sales growth for the year.
Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

29 April 2026
Teradyne shares fell 16% to $319.10 Wednesday after the chip-testing company forecast lower second-quarter revenue and profit, despite posting record first-quarter sales of $1.282 billion, up 87% from a year earlier. About 70% of revenue came from AI-related demand, but management warned of “lumpy growth” due to large customer programs.
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