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Tech Industry News 20 January 2026 - 26 January 2026

Cloud computing stocks face a packed week as Amazon job cuts loom and Fed meets

Cloud computing stocks face a packed week as Amazon job cuts loom and Fed meets

Amazon will cut more corporate jobs at AWS as soon as Tuesday, part of a plan to eliminate about 30,000 roles. Cloud-focused ETFs ended Friday little changed, while Microsoft rose 3.3% and Amazon gained 2.1%. Intel fell 17% after weak guidance. Autodesk will cut 7% of staff and raised its outlook.
Microsoft stock jumps into earnings week as UBS trims target and outage lingers

Microsoft stock jumps into earnings week as UBS trims target and outage lingers

Microsoft shares jumped 3.3% to close at $465.95 Friday, near the session high. UBS and Cantor Fitzgerald both cut price targets but kept bullish ratings, citing AI data-center expansion and Azure demand. Investors are watching for Azure growth and fallout from this week’s Microsoft 365 outage ahead of Jan. 28 earnings.
Oracle stock slips after Morgan Stanley warning; TikTok U.S. deal puts ORCL in play

Oracle stock slips after Morgan Stanley warning; TikTok U.S. deal puts ORCL in play

Oracle shares fell 0.6% to $177.13 and slipped further after hours following a price target cut by Morgan Stanley, which cited funding risks tied to AI chip expansion. Reuters reported Oracle will acquire a 15% stake in TikTok’s new U.S. joint venture. Morgan Stanley lowered its target to $213, warning of higher costs and credit risks.
Autodesk stock today: ADSK slips after 1,000-job cut plan, outlook raised

Autodesk stock today: ADSK slips after 1,000-job cut plan, outlook raised

Autodesk said it will cut about 7% of its staff, or roughly 1,000 jobs, and expects pretax charges of $135 million to $160 million. Shares slipped 0.3% to $268.97 Friday after jumping nearly 5% the day before. The company projects key financial metrics will exceed previous guidance, excluding restructuring costs. Layoff notifications began January 22.
Adobe stock price steadies after-hours after Firefly Foundry Hollywood push; ADBE eyes March earnings

Adobe stock price steadies after-hours after Firefly Foundry Hollywood push; ADBE eyes March earnings

Adobe shares rose 1.9% to $299.73 on Thursday and held steady after hours. The company is working with Hollywood partners through Firefly Foundry to develop “IP-safe” generative AI models. Investors are watching for signs these AI features could drive revenue ahead of Adobe’s March 12 earnings call. Trading volume reached about 5 million shares, with the stock still 36% below its 52-week high.
Vertiv stock whipsaws as new AI “Next Predict” service lands ahead of Feb. 11 earnings

Vertiv stock whipsaws as new AI “Next Predict” service lands ahead of Feb. 11 earnings

Vertiv shares fell 0.6% to $180.32 Thursday after an early surge to $189.74, with over $10 intraday swings and 4.2 million shares traded. The company launched Vertiv Next Predict, an AI-powered managed service for data-center equipment monitoring. Quarterly results are due Feb. 11, with an investor conference set for May 19–20. S&P 500 and Nasdaq ETFs rose up to 0.7% during the session.
Salesforce stock ends eight-day skid; CRM investors scan AI signals after rough week

Salesforce stock ends eight-day skid; CRM investors scan AI signals after rough week

Salesforce shares rose 0.7% to $221.58 Wednesday, rebounding after eight straight declines. The company expanded its startup program to Malaysia and the Philippines. Oracle fell 3.4% and ServiceNow slipped 0.1%. Investors remain cautious as debate continues over AI’s impact on software pricing.
Why UMC stock is up 16% today: 8-inch price hike talk meets Taiwan’s CPO buzz

Why UMC stock is up 16% today: 8-inch price hike talk meets Taiwan’s CPO buzz

United Microelectronics Corp shares jumped 16% Tuesday, closing at $10.82 and leading semiconductor gains as U.S. markets fell. Taipei-listed UMC hit the daily limit before settling up 6-7%, fueled by rumors of 8-inch wafer price hikes. Foreign investors remained net buyers, and UMC confirmed its Singapore Fab 12i P3 expansion is moving toward mass production by 2027. Investors await UMC’s earnings report on Jan. 28.
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Stock Market Today

GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
BAT share price closes near 52-week high as buyback rolls on ahead of results week

BAT share price closes near 52-week high as buyback rolls on ahead of results week

7 February 2026
British American Tobacco shares closed up 1.2% at 4,609 pence Friday, near a 52-week high. The company disclosed further share buybacks and management share purchases ahead of its Feb. 12 full-year results. BAT bought 121,668 shares for cancellation on Feb. 5. Investors await updates on nicotine alternatives and cash returns.
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