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Tech Industry News 6 January 2026 - 12 January 2026

Alibaba stock pops nearly 10% as Qwen AI tops 700 million Hugging Face downloads

Alibaba stock pops nearly 10% as Qwen AI tops 700 million Hugging Face downloads

NEW YORK, Jan 12, 2026, 11:08 EST Shares of Alibaba Group Holding (BABA.N) jumped nearly 9.8% to $165.68 in late morning trading Monday. The surge followed news that its Qwen open-source AI models surpassed 700 million downloads on Hugging Face, a platform where developers exchange and refine models. Yahoo The number of downloads stands out as one of the rare…
12 January 2026
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Alibaba stock slides as China probes food-delivery price war; BABA investors eye Feb. 19 earnings

Alibaba stock slides as China probes food-delivery price war; BABA investors eye Feb. 19 earnings

New York, Jan 10, 2026, 11:40 EST — The market has closed. Alibaba Group Holding Ltd’s shares on the U.S. market slipped 2.3% to $150.96 on Friday, pulling back following a 5.7% jump the previous day. (Yahoo Finance) The dip followed China’s announcement of a probe into aggressive competition among food-delivery platforms run by tech giants like Meituan and Alibaba.…
10 January 2026
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Adobe stock slides on BMO downgrade: “no clear catalyst” and competition in focus

Adobe stock slides on BMO downgrade: “no clear catalyst” and competition in focus

New York, January 9, 2026, 20:54 EST — Market closed Adobe shares ended down 1.5% at $333.95 on Friday, after trading between $328.00 and $340.44, following a downgrade by BMO Capital Markets. The broker cut the Photoshop maker to Market Perform from Outperform and lowered its price target to $375 from $400, saying its latest Creative Cloud survey showed competition…
10 January 2026
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GOOG stock turns flat after early spike as EU sets Wiz deal deadline and Cantor upgrades Alphabet

GOOG stock turns flat after early spike as EU sets Wiz deal deadline and Cantor upgrades Alphabet

NEW YORK, Jan 8, 2026, 10:18 (EST) — Regular session Alphabet’s non-voting Class C shares were little changed on Thursday after EU regulators set a Feb. 10 deadline for an initial call on Google’s planned Wiz purchase and after Cantor Fitzgerald lifted its rating. The stock opened higher and then sagged, tracking the broader wobble in growth shares. The deadline…
8 January 2026
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Microsoft stock closes higher as Musk-OpenAI trial risk lands, with MSFT earnings in focus

Microsoft stock closes higher as Musk-OpenAI trial risk lands, with MSFT earnings in focus

New York, January 7, 2026, 21:19 (EST) — Market closed A U.S. judge cleared Elon Musk’s lawsuit challenging OpenAI’s push toward a for-profit structure for a jury trial in March, keeping Microsoft Corp (MSFT.O) in the case after it asked the court to dismiss the claims. Judge Yvonne Gonzalez Rogers said there was “plenty of evidence” OpenAI leaders had assured…
8 January 2026
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Roblox stock slides after outage, TD Cowen target cut as CES ad push ramps up

Roblox stock slides after outage, TD Cowen target cut as CES ad push ramps up

NEW YORK, January 7, 2026, 18:24 EST Roblox shares fell 6.4% on Tuesday, lagging a broader market rise, after an overnight outage and a price-target cut from TD Cowen put fresh focus on the platform’s growth. The stock ended at $75.83. Nasdaq The move extends a pullback of about 17% over the past month and lands just as investors position…
8 January 2026
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AppLovin stock rises after Feb. 11 earnings date set as Axon checks drive focus

AppLovin stock rises after Feb. 11 earnings date set as Axon checks drive focus

New York, Jan 7, 2026, 18:28 (EST) — After-hours AppLovin Corp (APP.O) shares rose about 2.5% to $632.92 in late trade on Wednesday after the company said it would report fourth-quarter and full-year 2025 results on Feb. 11, after the U.S. market close. StockAnalysis The stock was up more than 3% in afternoon trading before giving up some ground, a…
8 January 2026
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Meta stock drops after hours as court fight and smart-glasses supply squeeze keep traders cautious

Meta stock drops after hours as court fight and smart-glasses supply squeeze keep traders cautious

New York, January 7, 2026, 16:36 EST — After-hours Meta Platforms shares fell 1.8% to $648.69 in after-hours trading on Wednesday, after moving between $644.92 and $659.01 during the session. The slip came as investors kept rotating around big tech and AI names, with Nvidia and Alphabet lifting the Nasdaq even as the S&P 500 ended lower. “Investors have come…
7 January 2026
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Lam Research stock slips after two-day rally as traders weigh fresh Buy call and CES headlines

Lam Research stock slips after two-day rally as traders weigh fresh Buy call and CES headlines

NEW YORK, Jan 7, 2026, 10:51 EST — Regular session Shares of Lam Research Corp (LRCX) fell about 2.5% to $201.86 in morning trading on Wednesday, giving back part of a two-day rally in semiconductor equipment stocks. The timing matters because the trade in chip gear has turned fast this week, with investors leaning into names tied to artificial-intelligence-related chip…
7 January 2026
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Synopsys stock climbs as CES automotive push and chip rally lift SNPS shares

Synopsys stock climbs as CES automotive push and chip rally lift SNPS shares

New York, Jan 6, 2026, 15:51 EST — Regular session Shares of Synopsys Inc rose 2.9% to $508.47 in afternoon trading on Tuesday, extending gains from the prior session. The stock has traded between $494.19 and $509.40, with about 1.4 million shares changing hands. The move matters because electronic design automation — software used to design and test chips —…
6 January 2026
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Apple Stock Gets Mixed Signals: UBS Stays Neutral as App Store Growth Cools

Apple Stock Gets Mixed Signals: UBS Stays Neutral as App Store Growth Cools

New York, Jan 6, 2026, 11:20 EST UBS reiterated a Neutral rating on Apple on Tuesday and kept a $280 price target, saying App Store growth slowed in the December 2025 quarter. The bank estimated growth at about 7%, down from 12% and 10% in the June and September 2025 quarters, and about 5% on a foreign-exchange-neutral basis — stripping…
6 January 2026
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Salesforce stock rises as RBC lifts target; $250 level and jobs report loom

Salesforce stock rises as RBC lifts target; $250 level and jobs report loom

New York, Jan 5, 2026, 21:06 EST — Market closed Salesforce shares rose 1.1% to $256.26 on Monday, snapping a three-session slide. The customer-relationship-management software maker is still about 30% below its 52-week high and traded lighter-than-average volume, according to MarketWatch data. Marketwatch The move comes as Wall Street tries to pin down which large-cap software names can turn “AI…
6 January 2026
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Stock Market Today

  • Stock Market Live: Rupee Gains, Bitcoin Drops Amid Market Caution on Feb 6
    February 5, 2026, 11:39 PM EST. Indian rupee strengthened by 11 paise to 90.23 against the US dollar in early trading on February 6, 2026, buoyed by positive investor sentiment ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announcement. Meanwhile, Bitcoin experienced a sharp decline, falling nearly 10% on the day and about 30% over the week to trade around $65,000-$66,000. The plunge is attributed to a break below key technical support levels and heavy outflows from U.S. spot Bitcoin exchange-traded funds (ETFs). Analysts note increased selling pressure due to unrealised losses among short-term holders. Market watchers await upcoming U.S. economic data releases, including January jobs and inflation reports, which could significantly influence Federal Reserve rate cut expectations.
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