Technology 5 August 2026

SoundHound AI (NASDAQ:SOUN) Rises Following Q2 Results, Guidance Implies 31% Increase Needed in H2

Shares of SoundHound AI surged 14.8% to $7.38 in after-hours trading on Wednesday. The stock finished the regular session down 1.2% at $6.43. Trading continued in Nasdaq’s post-market window after the close.

6 August 2026

Artificial Intelligence·Breaking·Earnings Reports·NASDAQ:SOUN·Stock Market·Technology

DoorDash (NASDAQ:DASH) Q3 Margin Forecast Tops Estimates; 99x P/E Keeps Expectations High

DoorDash’s third-quarter outlook indicated profit is growing more rapidly than order value. This is significant for a stock trading at nearly 99 times its trailing earnings. U.S. regular trading session had ended, but the shares remained up in after-hours trading.

6 August 2026

Earnings·NASDAQ:DASH·Stock Market·Technology

Axon Enterprise (NASDAQ:AXON) Drops as Updated Outlook Points to Moderation in Second-Half Growth

Shares of Axon Enterprise declined 6.5% to $569.90 in after-hours trading on Wednesday. The stock slid even after the company reported stronger-than-expected earnings and lifted its revenue outlook. Shares finished regular trading at $609.49, rising 0.4%.

5 August 2026

Earnings·NASDAQ:AXON·Stock Market·Technology

AppLovin shares drop after Q2 revenue slightly below estimates puts valuation in focus

AppLovin shares dropped over 20% after the market closed on Wednesday. The company reported revenue that came in below expectations and provided a sales outlook with a somewhat weak midpoint. Shares reached a low of $298, representing a 28.7% decline.

5 August 2026

Breaking·Earnings·NASDAQ:APP·Stock Market·Technology

Sandisk shares slip post-earnings; pricing accounts for majority of quarterly gains

Sandisk slipped further after posting a 51% increase in revenue compared to the previous quarter and an 84.6% gross margin. After-hours trading saw shares at $1,293.84, adding to Wednesday’s losses during the regular session.

5 August 2026

Breaking·Earnings·NASDAQ:SNDK·Semiconductors·Stock Market·Technology

Western Digital (NASDAQ:WDC) Shares Slide 10% After Earnings Beat, as Valuation Expectations Remain Elevated

Western Digital stock fell even after the company reported higher revenue, margins, and profit. Its outlook also surpassed Wall Street expectations.

5 August 2026

Breaking·Earnings·NASDAQ:WDC·Stock Market·Technology

Datavault AI (NASDAQ:DVLT) drops 24% with Nasdaq compliance deadline in sight, August 11

Shares of Datavault AI Inc. dropped roughly 24% to $0.28 on Wednesday, with trading volume surpassing 128 million shares by the last hour.

5 August 2026

Artificial Intelligence·Breaking·NASDAQ:DVLT·Stock Market·Technology

Netlist stock jumps 46% as Samsung pact resets cash and patent risk

Netlist, Inc. shares surged Wednesday after a five-year alliance with Samsung Electronics. The pact licenses Netlist’s full patent portfolio. It also supplies DRAM and NAND while settling pending disputes.

5 August 2026

Breaking·OTCMKTS:NLST·Stock Market·Technology

Figma (NYSE:FIG) to confront $2.2 billion share unlock following 14% surge in stock price

Figma stock climbed ahead of earnings set for release after Wednesday’s market close. However, the near-term challenge is not limited to earnings. A planned lock-up expiry may free about 77.7 million more shares to trade starting at Friday’s open.

5 August 2026

Breaking·Earnings·NYSE:FIG·Stock Market·Technology

Reddit shares dip under buyback level as Google search uncertainty challenges ad growth

NEW YORK, August 5, 2026, 13:09 EDT - Reddit stock fell below the company’s recent buyback price, as investor concerns about threats from Google search impacted optimism over advertising revenue increases.

5 August 2026

NYSE:RDDT·Stock Market·Technology

Alphabet (NASDAQ:GOOGL) Loses Nearly $175 Billion After Google Overhauls AI Team

Alphabet's stock dropped almost 4% following Google's announcement of its largest AI leadership restructuring since unifying DeepMind with Google Brain. Early estimates indicate a loss of equity value near $175 billion. That is equivalent to about 87% of the $200 billion midpoint forecast for Alphabet’s capital spending in 2026.

5 August 2026

Artificial Intelligence·Breaking·NASDAQ:GOOG·Stock Market·Technology

Meta’s Compensation and Anthropic Rise Draw Focus as AI Talent Wars Intensify

Last quarter, Meta Platforms reported the highest apparent equity-based compensation expense among four leading U.S. AI platforms, highlighting a new cost risk amid heightened competition for talent in the sector.

5 August 2026

Artificial Intelligence·NASDAQ:AMZN·NASDAQ:GOOGL·NASDAQ:META·NASDAQ:MSFT·Stock Market·Technology

Opendoor Technologies (NASDAQ:OPEN) falls post-Q2 as stock-based pay surpasses unit gains

Shares of Opendoor Technologies Inc. dropped 5.1% to $3.91 as of 11:09 a.m. EDT. The stock retreated after a quarter that posted improved unit economics but saw an increase in stock-based compensation.

5 August 2026

NASDAQ:OPEN·Real Estate·Stock Market·Technology

Dell’s $51 Billion AI Order Backlog Surpasses Projected FY27 Revenue Shortfall, Highlighting Margin Concerns

Dell Technologies reported an AI backlog that amounts to 117% of the additional revenue required to meet its fiscal 2027 server goal. Shares advanced 2.0% to $476.81 during late-morning trading in New York.

5 August 2026

Artificial Intelligence·NYSE:DELL·Stock Market·Technology

IonQ (NYSE:IONQ) shares slide ahead of Q2 report as SkyWater agreement prompts valuation review

IonQ shares pulled back on Wednesday while investors awaited second-quarter earnings after the market closed. Despite the drop, the stock was still up 9.2% from its closing price on Friday.

5 August 2026

Breaking·Earnings·NYSE:IONQ·Stock Market·Technology

Rocket Lab Shares Under Pressure Despite $397 Million Space Force Contract as Neutron Test Looms

Rocket Lab secured a $397 million contract from the U.S. Space Force to construct, deploy, and manage satellites designed to monitor airborne targets. The agreement also includes the Neutron rocket, which is currently under development.

5 August 2026

Breaking·NASDAQ:RKLB·Space·Stock Market·Technology

Apple (NASDAQ:AAPL) Shares Shed $500 Billion but Hold Firm on Valuation Premium

Apple shares declined while the broader U.S. market started higher on Wednesday. The company's valuation adjustment is still limited, with its earnings multiple staying above those of three leading technology rivals.

5 August 2026

NASDAQ:AAPL·Stock Market·Technology

Zeta Global (NYSE:ZETA) rises 15% in early trade following stronger cash-flow forecast that surpasses revenue outlook

Zeta Global Holdings Corp. stock jumped after revenue exceeded company forecasts by approximately 5%. The firm also saw faster cash generation. Executives increased all significant full-year financial targets.

5 August 2026

Earnings·NYSE:ZETA·Stock Market·Technology

Arista Networks (NYSE:ANET) Shares Gain Following $3.3 Billion Outlook and Stronger Demand

Arista stock rose 10.3% to $210.90 as of 8:59 a.m. ET, after the company issued a quarterly outlook that surpassed Wall Street's high expectations.

5 August 2026

Earnings·NYSE:ANET·Stock Market·Technology

Palantir Shares Steady Around $162 After Jumping 29% with U.S. Responsible for 90% of Expansion

Shares of Palantir Technologies Inc. dipped slightly ahead of Wednesday’s market open, though the bulk of Tuesday’s 29.45% rally remained. Volume hit 175 million shares, about four times higher than the stock’s recent average.

5 August 2026

NASDAQ:PLTR·Stock Market·Technology·US Economy

Technology 5 August 2026 - 6 August 2026

SoundHound AI (NASDAQ:SOUN) Rises Following Q2 Results, Guidance Implies 31% Increase Needed in H2

DoorDash (NASDAQ:DASH) Q3 Margin Forecast Tops Estimates; 99x P/E Keeps Expectations High

Axon Enterprise (NASDAQ:AXON) Drops as Updated Outlook Points to Moderation in Second-Half Growth

AppLovin shares drop after Q2 revenue slightly below estimates puts valuation in focus

Sandisk shares slip post-earnings; pricing accounts for majority of quarterly gains

Western Digital (NASDAQ:WDC) Shares Slide 10% After Earnings Beat, as Valuation Expectations Remain Elevated

Datavault AI (NASDAQ:DVLT) drops 24% with Nasdaq compliance deadline in sight, August 11

Netlist stock jumps 46% as Samsung pact resets cash and patent risk

Figma (NYSE:FIG) to confront $2.2 billion share unlock following 14% surge in stock price

Reddit shares dip under buyback level as Google search uncertainty challenges ad growth

Alphabet (NASDAQ:GOOGL) Loses Nearly $175 Billion After Google Overhauls AI Team

Meta’s Compensation and Anthropic Rise Draw Focus as AI Talent Wars Intensify

Opendoor Technologies (NASDAQ:OPEN) falls post-Q2 as stock-based pay surpasses unit gains

Dell’s $51 Billion AI Order Backlog Surpasses Projected FY27 Revenue Shortfall, Highlighting Margin Concerns

IonQ (NYSE:IONQ) shares slide ahead of Q2 report as SkyWater agreement prompts valuation review

Rocket Lab Shares Under Pressure Despite $397 Million Space Force Contract as Neutron Test Looms

Apple (NASDAQ:AAPL) Shares Shed $500 Billion but Hold Firm on Valuation Premium

Zeta Global (NYSE:ZETA) rises 15% in early trade following stronger cash-flow forecast that surpasses revenue outlook

Arista Networks (NYSE:ANET) Shares Gain Following $3.3 Billion Outlook and Stronger Demand

Palantir Shares Steady Around $162 After Jumping 29% with U.S. Responsible for 90% of Expansion

TechStock² Updates

Honeywell Aerospace Shares Slide 10% After Engine Unit Profit Decline Triggers 2026 Forecast Revision

Fluence Energy (NASDAQ:FLNC) drops 23% amid Q4 $1.4 billion challenge linked to factory setbacks

Lumen Technologies (NYSE:LUMN) falls 9% despite earnings beat as investors scrutinize cash-flow quality

NuScale Power Shares Decline as TVA Agreement May Lead to $1.18 Billion ENTRA1 Payout

Amazon (NASDAQ:AMZN) Retreat Is 30-Fold Jeff Bezos’ $4 Billion Stock Sale Strategy

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