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Tech Industry News 29 January 2026 - 5 February 2026

Synopsys stock price steadies near $419 after 8% slide as AI disruption fears linger

Synopsys stock price steadies near $419 after 8% slide as AI disruption fears linger

NEW YORK, Feb 4, 2026, 20:08 (EST) — Market closed Synopsys (SNPS.O) shares closed Wednesday almost unchanged, slipping just 0.04% to $418.98. This came after a steep drop the previous day during a broader software-driven selloff in U.S. tech stocks. (MarketWatch) The pause is significant as the stock is moving more on sentiment than on any new company updates this…
5 February 2026
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Spotify stock slides 7% after hours as investors eye earnings, price hikes and a new payments deal

Spotify stock slides 7% after hours as investors eye earnings, price hikes and a new payments deal

New York, Feb 4, 2026, 18:45 EST — After-hours Spotify Technology S.A. shares dropped 7.1% to $440.53 in after-hours trading on Wednesday, hitting a low of $438.92 during the session. After-hours trading occurs after the 4 p.m. close on U.S. exchanges. This decline is significant, coming at a time when investors are scrambling to gauge Spotify’s remaining pricing power and…
5 February 2026
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GOOG stock drops after-hours as Alphabet’s $185 billion spending plan rattles investors

GOOG stock drops after-hours as Alphabet’s $185 billion spending plan rattles investors

New York, Feb 4, 2026, 16:30 EST — After-hours Alphabet’s Class C shares (GOOG) fell $7.28, or 2.1%, to $333.42 in after-hours trading Wednesday, following the company’s announcement of a sharp rise in capital spending projected for 2026. During the session, the stock swung between a low of $309.72 and a high of $345.74. (Reuters) The scale of the new…
4 February 2026
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Nvidia’s $20B OpenAI deal talk is back — and Oracle’s AI funding bet is in the spotlight

Nvidia’s $20B OpenAI deal talk is back — and Oracle’s AI funding bet is in the spotlight

SAN FRANCISCO, Feb 4, 2026, 09:49 PST Nvidia is close to finalizing a roughly $20 billion investment in OpenAI during the AI company’s latest funding round, a source familiar with the situation said. The agreement isn’t set in stone yet, even as OpenAI has looked at alternatives to some of Nvidia’s latest chips. That’s despite CEO Sam Altman describing Nvidia’s…
4 February 2026
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Apple stock jumps as Goldman flags App Store spending pickup, keeping AAPL in focus

Apple stock jumps as Goldman flags App Store spending pickup, keeping AAPL in focus

New York, Feb 4, 2026, 10:45 EST — Regular session Apple Inc shares climbed 2.5%, hitting $276.15 in early trading Wednesday. The stock fluctuated between $269.49 and $278.80, opening at $272.33 before gaining $6.67 by the latest update. The bounce is crucial since Apple, valued around $4 trillion, can move the major U.S. indexes all by itself. After a dip…
4 February 2026
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Spotify stock slides 7% below $500 — Checkout.com deal and Feb. 10 earnings keep SPOT in focus

Spotify stock slides 7% below $500 — Checkout.com deal and Feb. 10 earnings keep SPOT in focus

New York, Feb 3, 2026, 21:29 EST — Market closed. Shares of Spotify Technology S.A. (SPOT) dropped 6.8% on Tuesday, closing at $473.99 after a session range of $464.24 to $507.45. In after-hours trading, the stock edged up 0.3% to $475.50 as of 7:59 p.m. EST. (StockAnalysis) This shift is crucial as it comes right before Spotify’s quarterly earnings, a…
4 February 2026
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Why Snowflake stock slid 9%: AI disruption jitters swamp an OpenAI tie-up and a Postgres push

Why Snowflake stock slid 9%: AI disruption jitters swamp an OpenAI tie-up and a Postgres push

NEW YORK, February 3, 2026, 20:10 EST — Market closed Shares of Snowflake Inc. fell 9.1% Tuesday, closing at $173.24 after trading as high as $193.49 and as low as $169.08. The stock had finished Monday at $190.66. The selloff is significant because investors are pulling back on software and cloud stocks, rethinking how quickly AI can boost pricing power…
4 February 2026
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Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

SAN FRANCISCO, Feb 3, 2026, 12:36 (PST) Nvidia Chief Executive Jensen Huang said the chipmaker will invest in OpenAI’s next fundraising round and would consider backing an eventual IPO, rejecting suggestions the talks have soured. “There’s no drama involved. Everything’s on track,” Huang told CNBC. Cnbc Reuters The reassurance matters because OpenAI is a marquee buyer of AI computing, and…
3 February 2026
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Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

SAN FRANCISCO, February 3, 2026, 12:08 PST OpenAI, the maker of ChatGPT, is unsatisfied with some of Nvidia’s latest AI chips and has looked for alternatives since last year, eight sources familiar with the matter said, potentially complicating investment talks between two of the most visible names in the AI boom. The concern centers on “inference” — when a model…
3 February 2026
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Oracle stock price slides after $50 billion AI funding plan as dilution math hits ORCL

Oracle stock price slides after $50 billion AI funding plan as dilution math hits ORCL

New York, February 2, 2026, 18:30 EST — After-hours Oracle (ORCL) shares dropped 2.7% to $160.06 in after-hours trading Monday following the company’s announcement of plans to raise $45 billion to $50 billion in 2026 aimed at rapidly expanding its cloud data centers. During the session, the stock fluctuated between $155.90 and $175.62. The funding will come from a mix…
3 February 2026
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Amazon stock price slips as $50 billion OpenAI talks sharpen focus ahead of AMZN earnings

Amazon stock price slips as $50 billion OpenAI talks sharpen focus ahead of AMZN earnings

New York, Jan 31, 2026, 09:33 EST — Market closed. Amazon.com (AMZN.O) shares fell 1% on Friday to $239.30, after trading between $237.83 and $243.29, and the U.S. market is shut on Saturday. The move came as investors weighed a report that Amazon is in talks to invest dozens of billions of dollars in ChatGPT-maker OpenAI, with the figure potentially…
31 January 2026
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Viavi Solutions stock price jumps nearly 16% as Q2 beat and upbeat outlook collide with job-cut plan

Viavi Solutions stock price jumps nearly 16% as Q2 beat and upbeat outlook collide with job-cut plan

New York, Jan 29, 2026, 12:48 ET — Regular session. Shares of Viavi Solutions Inc surged almost 16% on Thursday, fueled by better-than-expected quarterly results and raised guidance for the March quarter. The stock traded around $24.39, with volume topping 9 million shares. The reaction matters because Viavi offers a key glimpse into spending trends across data centers, telecom networks,…
29 January 2026
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Stock Market Today

  • Software Stocks Falter as Google Boosts AI Spend; Layoffs Surge Ahead of Delayed Jobs Report
    February 5, 2026, 9:21 AM EST. Software stocks face renewed pressure amid skepticism about the sector's trajectory as artificial intelligence expands in enterprise. Alphabet, Google's parent, surpassed Q4 expectations but warned of capital expenditures potentially doubling in 2026 to support AI infrastructure, triggering a 4% drop in premarket shares. Meanwhile, AI suppliers like Broadcom saw gains. Labor market signals dim with delayed U.S. job reports, recent private sector hiring falling short, and January layoffs surging by over 200% from December, the highest for the month since 2009. Oil prices climbed 1.5% in Asia over fears of a U.S. strike on Iran potentially disrupting supply.
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