Today: 3 July 2026
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Technology 1 July 2026 - 3 July 2026

AT&T (NYSE:T) faces $15B Starlink impact with July earnings on deck

AT&T (NYSE:T) faces $15B Starlink impact with July earnings on deck

U.S. markets are closed Friday as the New York Stock Exchange marked July 3 as Independence Day observed. AT&T Inc. won’t trade. The stock last changed hands at $20.58 after Thursday’s close, leaving it down 9.4% for the week, per Dow Jones Market Data cited by MarketWatch. The lost equity is harder to spot. AT&T has a $144.6 billion market cap and a $20.58 share price, which suggests about 7.03 billion shares. After a 9.4% drop, last week’s price would have been close to $22.72, wiping out about $15.0 billion in value. That’s almost as much as all of Charter Communications Inc., which has a $17.4 billion market cap.
3 July 2026
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Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta’s (NASDAQ:META) $145B AI cloud plan to get investor reaction

Meta Platforms is said to be planning a move into cloud, shifting the focus for the stock from building AI to selling compute. Bloomberg reported the company would offer AI computing and models to other firms, putting it in direct play with Amazon.com, Microsoft, and Alphabet. Meta did not comment to Reuters on the story. NYSE and Nasdaq calendars both show July 3 as a full holiday for Independence Day, so the last U.S. equity prices available are from late Thursday. Meta closed at $582.90, down 4.9%. CoreWeave fell 4.6%, and Nebius Group dropped 5.9%.
3 July 2026
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Snap (NYSE:SNAP) tops Nasdaq, but light trading draws more attention to revenue

Snap (NYSE:SNAP) tops Nasdaq, but light trading draws more attention to revenue

Snap Inc. climbed Thursday, bucking weakness in tech names. The stock’s fifth day up, but volume was below average. That suggests fewer buyers are jumping in during the latest move. Snap ended the day up 1.89% at $4.84, beating the Nasdaq Composite, which dropped 0.80% to 25,832.67 as chip names weighed on the index. Volume came in at 37.2 million shares, about 8.1 million below Snap’s 50-day average. The stock is still trading well under its 52-week high of $10.41.
3 July 2026
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Aehr Test Systems stock slides as Russell deletion and rich AI orders math collide

Aehr Test Systems stock slides as Russell deletion and rich AI orders math collide

Aehr Test Systems, Inc. dropped sharply on Thursday, with the small-cap semiconductor test equipment maker trading down about 21% at $66.74 as of the latest available data near 1:50 p.m. EDT. The stock opened at $84.20, rose as high as $87.51, then fell as low as $66.38, a 24% high-to-low break in the same session. The selloff was far heavier than the broader tape. Invesco QQQ Trust was down about 2.3%, while iShares Russell 2000 ETF was off about 1.3%, based on the same latest quote set.
2 July 2026
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BlackBerry (TSX:BB) gains put focus on buyback math and valuation after QNX update

BlackBerry (NYSE:BB; TSE:BB) rally pauses as note conversion faces test

BlackBerry Limited shares dropped sharply Thursday, but the daily move wasn’t the whole story. The recent rally has brought the company’s convertible notes into focus as investors rethink the valuation for its QNX embedded systems business. BlackBerry’s U.S. shares were at $11.68 as of 11:54 a.m. EDT, off $1.13 from the previous close. The stock opened at $12.75 and touched $13.00 earlier in the session. Trading volume reached 28.4 million shares. That’s under the 43.7 million average from Google Finance, but still kept BlackBerry active ahead of the U.S. holiday break.
2 July 2026
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AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

Shares of Advanced Micro Devices slipped Thursday, despite more bullish price targets from big Wall Street firms. The market is debating whether AMD’s AI value still sits with its CPUs instead of GPUs. The stock fell 3.5% to $521.78 in late-morning trading in the U.S., giving it a market cap of about $861.4 billion and a trailing P/E ratio of 171.2, based on the latest quote. It closed at a record $580.91 on June 30, putting its market value close to $947 billion, according to Barron’s.
2 July 2026
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Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple Inc. jumped 3.9% to $305.81 at about 10:50 a.m. in New York, tacking on around $168 billion in market value. That move cut against the broader tape: Invesco QQQ Trust slipped 0.8%, while SPDR S&P 500 ETF Trust traded up 0.2%. The focus is on the gap here—Apple is being pushed back toward its June highs even as fresh survey data raises doubts about whether AI features are making iPhone owners upgrade any faster. UBS analyst David Vogt wrote Thursday that roughly 24% of survey respondents now say they would upgrade sooner due to Apple Intelligence, a drop of 500 basis points from the last six months. At the same time, about 31% reported the new features have no impact, up 300 basis points. UBS added that iPhone purchase intent in China slipped to around 15%. The average iPhone age in the installed base remains high at about 22.9 months.
2 July 2026
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Nokia (HEL:NOKIA) shares drop as FMR cuts stake below 5% ahead of Q2

Nokia (HEL:NOKIA) shares drop as FMR cuts stake below 5% ahead of Q2

Nokia Oyj dropped in Thursday’s midday trading in Helsinki, heading lower even as the overall market stayed firm, after new filings revealed FMR LLC’s stake slipped under the 5% voting-rights threshold. The move comes with three weeks to go before Nokia’s Q2 report. Nasdaq says Helsinki stocks trade 10:00–18:30 local time. As of 15:02 EEST, Google Finance had Nokia at 11.14 euros, down 2.15%. The gap is notable since Nokia dropped about 2% on Thursday even as the local market was higher. Trading Economics had the Helsinki index up 0.19% and the Helsinki 25 up 0.41% on July 2.
2 July 2026
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EchoStar Dish bankruptcy raises questions on $3.6 billion wireless claim shortfall

EchoStar Dish bankruptcy raises questions on $3.6 billion wireless claim shortfall

EchoStar’s looming bankruptcy issue goes beyond the $2 billion note coming due. The market focus is now on the $2.4 billion FCC trust compared to over $6 billion in 5G shutdown claims that are being disputed. Numbers from the court filings suggest a gap of more than $3.6 billion, topping 12% of EchoStar’s current market cap. Dish DBS and units filed for a prepackaged bankruptcy on June 30. Over 88% of secured and unsecured noteholders, who also hold more than $8.8 billion in Dish Wireless debt, agreed to the restructuring plan, according to the company. Dish DBS said it needed to file because the AT&T deal hadn't closed, so it didn't have the liquidity to pay the July 1 notes and meet other obligations.
2 July 2026
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UiPath (NYSE:PATH) rally sticks as ARR focus moves weight to H2

UiPath (NYSE:PATH) rally sticks as ARR focus moves weight to H2

UiPath Inc. traded at about $11.55 ahead of Thursday’s open. That’s near MarketBeat’s $11.60 extended-hours quote from 6:31 a.m. EDT. Shares climbed 6.1% in the regular session Wednesday. The NYSE hadn’t started core hours yet; official trading goes from 9:30 a.m. to 4 p.m. Eastern, with Friday, July 3, set as the Independence Day observed holiday. The bigger challenge for investors isn’t the first-day stock reaction. It’s the renewal math. UiPath’s Q1 report put ARR at $1.901 billion as of April 30. Net new ARR for Q1 totaled $49 million. The company guided for July-quarter ARR between $1.929 billion and $1.934 billion, and sees fiscal 2027 ARR coming in between $2.058 billion and $2.063 billion. CEO Daniel Dines said the quarter was a “strong start,” pointing to agentic products shifting from pilot to production. Operating chief and CFO Ashim Gupta pointed to “operational discipline,” adding UiPath posted its first-ever GAAP profit for the first quarter.
2 July 2026
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Intel heads toward $646 billion mark following 9% chip slide

Intel heads toward $646 billion mark following 9% chip slide

Intel Corporation goes into its July earnings priced more as a foundry and AI rebound play than as an earnings trade for the quarter. Intel shares finished Wednesday at $127.02, down 9.03%, trading around 110.8 million shares. The decline erased Tuesday’s 6.01% jump and put the stock 3.6% under Monday’s close, a smaller two-day move than the Wednesday fall alone. Historical data had Intel at $139.63 on June 30 and $127.02 on July 1.
2 July 2026
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Nasdaq under pressure with chip names lower; futures drift before jobs data

Nasdaq under pressure with chip names lower; futures drift before jobs data

U.S. stock-index futures pointed to a mixed start Thursday. Dow and Russell 2000 futures edged up in early New York trading, but Nasdaq 100 futures slipped. Traders are watching for a jobs report that could shift rate hike bets ahead of a three-day break. Nasdaq’s premarket goes from 4:00 a.m. to 9:30 a.m. ET, and the regular session opens at 9:30 a.m. and ends at 4:00 p.m. ET. Traders didn’t focus on the S&P 500. The real action was in the splits underneath it. By about 5:48 a.m. EDT, Nasdaq 100 futures were off 0.35% while Russell 2000 futures ticked up 0.06%. Dow futures were slightly higher, gaining 0.04%. That left Nasdaq 100 futures 41 basis points below the Russell 2000 and 39 points under the Dow.
2 July 2026
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Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit, Inc. heads into Thursday’s New York premarket with investors looking at the numbers: shares jumped 13.7% Wednesday, closing at $197.42. That move adds about $4.6 billion in equity value, based on MarketBeat’s listed $38.01 billion market cap. In its March-quarter filing, Reddit reported $120.6 million in performance obligations tied mostly to long-term content licensing contracts longer than a year. The gap matters as the stock is trading on future AI data renewal hopes, not what Reddit has already signed. If the new licensing deals don’t come in higher, investors are just getting a high-priced ad stock growing fast.
2 July 2026
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CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave, Inc. shed nearly as much in market cap in a single day as a third of its newest Meta Platforms, Inc. deal. Traders are shifting focus from just the company’s backlog to who will end up owning the future supply of AI compute. The stock traded at $85.69, off 13.9% from the previous close. Meta gained 8.8% to $612.91. Shares of Nebius Group N.V., which also has Meta exposure, dropped 17.0%. The Invesco QQQ Trust Series 1 shed 1.5%. The SPDR S&P 500 ETF Trust was mostly flat.
2 July 2026
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Opendoor (OPEN) rally eyes Russell move, shorts stay heavy

Opendoor (OPEN) rally eyes Russell move, shorts stay heavy

Opendoor Technologies Inc. opens Thursday with the real test looking past the headline rally: will the inflows from index-related buying and retail trades support a stock now valued well above its housing inventory? The online home seller finished Wednesday at $4.94, climbing 32 cents, or 6.93%. Shares traded from $4.57 to $5.13 during the session, a 12.1% move based on the previous close. MarketWatch showed the stock at $4.93 early Thursday in premarket. The S&P 500 ended down 0.22% Wednesday, while the Nasdaq Composite dropped 0.66%.
2 July 2026
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NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation is starting Thursday with a cleaner test than most chip stocks: the stock is below $200, but it did not fall like the rest of the semiconductor tape. Nvidia closed Wednesday at $197.58, down $2.51, or 1.25%, after touching $193.45. It was quoted at $195.50 at 4:07 a.m. EDT in premarket trade. The Philadelphia Semiconductor Index ended Wednesday down 6.3%, while the Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%. Meta Platforms rose 8.8% after a report that it is building a cloud business to sell excess AI computing capacity.
2 July 2026
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Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix, Inc. stood out for bulls on Wednesday, climbing 3.91% to $74.19. The move bucked a rough day for big tech: Nasdaq Composite lost 0.66%, Nasdaq 100 slipped 1.54%. Volume was 43.73 million shares, about 106% of the 65-day average. Netflix last traded at $74.245 in after-hours as of 7:01 p.m. EDT. The spread stands out as Netflix surged without help from a wider tech rally. MarketWatch data had the Nasdaq 100 off 1.54%, the S&P 500 down 0.22%, and the media and entertainment peer group losing 1.59%. Netflix was up nearly 4%.
2 July 2026
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Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon Communications Inc. last changed hands at $41.99, off 0.8%. Traders treated the slow-growth dividend play as if it had fresh tech risk this week. Verizon’s market cap stood at $176.8 billion, with shares moving from $41.51 to $42.77 Wednesday. The bigger number isn’t the daily drop. Barron’s reported SpaceX’s threat erased $46 billion in market value from the top three U.S. carriers this week, with Verizon losing $20.25 billion. That’s about 11.5% of Verizon’s market cap, and nearly 94% of the $21.5 billion free cash flow it expects in 2026.
2 July 2026
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Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group N.V. dropped sharply after Nasdaq's regular close, but the stock is still up 173.79% for the year. Trading volume was 175% of the 65-day average. MarketWatch put short interest at 50.93 million shares as of June 15, about 25.21% of the float. That kind of short interest can drive swings both ways, but it didn't stop the fall on Wednesday. Meta Platforms Inc. is working on a cloud business to sell its extra AI computing power, Reuters said, citing Bloomberg News. The plan is still being developed and could shift, according to the report. Meta didn’t comment. The move could put Meta in the supplier camp for companies that rent GPU capacity.
1 July 2026
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Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Regular Nasdaq stock trading had just ended at the dateline time. Nasdaq lists its main stock market hours from 9:30 a.m. to 4 p.m. ET and its 2026 calendar marks July 3, not July 1, as the Independence Day market closure. Bending Spoons S.p.A., the Milan-based owner of AOL, Vimeo, Evernote and WeTransfer, jumped in its first U.S. session Wednesday. The stock was quoted at $41.42 at 15:57:59 EDT, up 42.8% from its $29 offer price. The quote followed a $30.70-$43.98 day range.
1 July 2026
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Stock Market Today

  • GPC Jumps 12.9% as O'Reilly Looks to Buy Auto Unit, Market Eyes Industrial Shift
    July 3, 2026, 5:13 AM EDT. Genuine Parts (GPC) shares soared 12.9% to $132.57 after news hit of O'Reilly Automotive's cash bid topping $10 billion for its auto-parts segment. The reported offer puts a spotlight on GPC's move to tighten its focus on the industrial parts business, where management targets better margins and growth. Even with a big stock surge, analysts left the consensus EPS at $2.10 for next quarter. Revenue is forecast up 3.6% to $6.39 billion from last year. Some say GPC may not hold onto gains unless earnings estimates start to climb. GPC is still rated Zacks Rank #3 (Hold). Over at Driven Brands Holdings (DRVN), shares added 2.6%, with its EPS estimate nudged up over the past month.
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