Technology

Sandisk Stock Gets a $1,600 Upgrade Before Investor Day Tests the Margin Trade-Off

Sandisk Corporation won a fresh Buy rating from Argus Research after a 47% retreat from its June peak. Analyst Jim Kelleher set a 12-month price target of $1,600. The shares closed Monday at $1,254.16, up 3.5%.

11 August 2026

Earnings·NASDAQ:SNDK·Stock Market·Technology

Cloudflare Sets Price on $2.18 Billion 0% Convertible as It Seeks AI-Focused Growth

Cloudflare, Inc. set the price for $2.175 billion in five-year convertible notes, carrying a 0% coupon rate. The company anticipates net proceeds of around $2.14 billion from the offering.

11 August 2026

Artificial Intelligence·Cloud Computing·NYSE:NET·Stock Market·Technology

Azure Expansion Spurs Microsoft to $660 Target, Shifting AI Spending Risk Perception

Bernstein analyst Mark Moerdler boosted Microsoft Corp.'s price target to $660 from $647 following a renewed surge in Azure growth, which shifted the conversation on Microsoft's AI investments. Moerdler maintained his Outperform rating on the stock on Monday.

11 August 2026

Artificial Intelligence·Cloud Computing·NASDAQ:MSFT·Stock Market·Technology

Ambiq Q2 Sales Jump 90% as Edge-AI Demand Tests Chip Supply

Ambiq Micro, Inc. delivered a clean beat-and-raise quarter before Tuesday's open. The edge-AI chipmaker paired 90% sales growth with a smaller loss. Its shares rose 6% to $67.75 in premarket trading.

11 August 2026

Artificial Intelligence·Semiconductors·Stock Market·Technology

Apple Shares Drop as Jefferies Lowers Target Price to $264 Citing iPhone Margin Concerns

Apple Inc. dropped 1.5% on Monday following a downgrade to Underperform by Jefferies. Analyst Edison Lee also reduced his price target to $263.66 from $285.56.

11 August 2026

Breaking·NASDAQ:AAPL·Stock Market·Technology

Ouster secures Utah lidar project, pushing BlueCity coverage close to 300 locations

Ouster Inc. announced that Utah plans to deploy its BlueCity traffic platform at 160 intersections. Traffic equipment partner Econolite received the multimillion-dollar expansion contract from the Utah Department of Transportation. Details on the total contract value were not provided.

11 August 2026

NASDAQ:OUST·Stock Market·Technology

Rackspace Q2 Sales Beat Forecasts; Margin Challenges Remain as AI Transition Continues

Rackspace Technology posted second-quarter revenue that topped its initial guidance range. However, the cloud firm maintained its previously lowered forecast from July. The outcome puts investors in a position to balance an earlier-than-expected sales gain with expenses tied to its move towards enterprise AI.

11 August 2026

Artificial Intelligence·Cloud Computing·Earnings·NASDAQ:RXT·Stock Market·Technology

Trump Media posts $238 million Q2 loss, highlights focus on Truth API

NEW YORK, August 11, 2026, 05:41 EDT — Trump Media revealed a second-quarter net loss of $238 million, drawing attention to the company's emphasis on the development and rollout of its Truth API.

11 August 2026

Earnings·NASDAQ:DJT·Stock Market·Technology

Riot Platforms Stock Jumps on $9.1 Billion AI Lease Reportedly With Anthropic

Riot Platforms signed its biggest AI infrastructure contract yet. The 191-megawatt Rockdale lease carries $9.1 billion of expected base revenue.

11 August 2026

Artificial Intelligence·NASDAQ:RIOT·Stock Market·Technology

Quantum Computing Inc. Sees Revenue Rise, Yet Interest Income Remains Main Contributor

Quantum Computing Inc. reported second-quarter revenue rising to $5.551 million, largely due to contributions from newly acquired photonics operations. The company's cost of revenue reached $6.717 million, resulting in a gross loss of $1.166 million.

11 August 2026

Breaking·Earnings Reports·NASDAQ:QUBT·Quantum Computing·Stock Market·Technology

Samsung SDI Drops 4.5% After GM Withdrawal Raises Indiana Plant Uncertainty

SEOUL, August 11, 2026, 16:14 KST – Shares in Samsung SDI slid 4.5% after General Motors' decision to pull out of a battery project increased concerns over risk for the company's Indiana battery operations.

11 August 2026

KRX:006400·NYSE:GM·Stock Market·Technology

Life360 Shares Sink 24% Despite Reporting Record Revenue, 2026 Forecast Disappoints

San Francisco, August 10, 2026, 19:45 EDT – Life360 stock dropped 24% after the company posted record-breaking revenue figures, but its 2026 guidance failed to reassure investors.

11 August 2026

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

Nvidia places $500 billion AI compute financing burden on Wall Street

Nvidia has secured partnerships with six major Wall Street banks to create financing platforms designed to help raise over $500 billion for artificial intelligence computing. The initiative is directed at AI developers, enterprises, governments, and cloud providers facing limited capacity.

11 August 2026

Artificial Intelligence·Breaking·NASDAQ:NVDA·NYSE:APO·NYSE:BAM·NYSE:BLK·NYSE:BX·NYSE:GS·NYSE:KKR·Stock Market·Technology

Upwork shares drop 20% as AI automation and Google search updates hit guidance

Shares of Upwork Inc. dropped 19.9% in after-hours trading on Monday. The freelancing platform lowered its outlook for 2026, citing that the rise of artificial intelligence has replaced simpler tasks, while changes to Google search led to fewer customer referrals.

11 August 2026

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

Take-Two Shares Gain Further as GTA VI Probes $8.1 Billion Forecast

Take-Two Interactive Software rose 2.87% on Monday, ending the session at $253.57 amid higher-than-normal trading volume. The stock logged its second consecutive gain.

11 August 2026

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

Datadog Shares Climb 11% Despite Ongoing AI-Customer Uncertainty

Shares of Datadog Inc. rose 11.48% to $260.78 on Monday, rebounding after recording their steepest drop in over six years during the previous session.

10 August 2026

Artificial Intelligence·NASDAQ:DDOG·Stock Market·Technology

Rapid7 Shares Climb in After-hours Trading Following 12% Staff Reduction and Improved Profit Forecast

Shares of Rapid7, Inc. advanced after the closing bell on Monday. The cybersecurity company surpassed previous guidance for the second quarter and lifted its profit forecast for the full year. Rapid7 also revealed plans to cut roughly 12% of its employees.

10 August 2026

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

HPE Shares Climb Following Morgan Stanley Upgrade, With $71 Price Target Indicating 30% Upside

NEW YORK, August 10, 2026, 16:18 EDT — Hewlett Packard Enterprise stock rose after Morgan Stanley lifted its rating, setting a price target of $71 that suggests shares could rise 30%.

10 August 2026

Breaking·NYSE:HPE·Stock Market·Technology

Sandisk Stock Rebounds as Analysts Reframe the Earnings Selloff

Sandisk Corporation shares rebounded Monday as analysts revisited last week's earnings selloff. Cantor Fitzgerald reiterated Buy, while fresh reporting highlighted Argus Research's upgrade and $1,600 target.

10 August 2026

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

Meta (NASDAQ:META) shares lose momentum as Muse enthusiasm faces $145 billion investment trial

MENLO PARK, California, August 10, 2026, 14:36 EDT – Meta shares pulled back after a rally, as optimism surrounding the company's Muse project was tested against Meta’s planned $145 billion in expenditures.

10 August 2026

NASDAQ:META·Stock Market·Technology

Technology 10 August 2026 - 11 August 2026

Sandisk Stock Gets a $1,600 Upgrade Before Investor Day Tests the Margin Trade-Off

Cloudflare Sets Price on $2.18 Billion 0% Convertible as It Seeks AI-Focused Growth

Azure Expansion Spurs Microsoft to $660 Target, Shifting AI Spending Risk Perception

Ambiq Q2 Sales Jump 90% as Edge-AI Demand Tests Chip Supply

Apple Shares Drop as Jefferies Lowers Target Price to $264 Citing iPhone Margin Concerns

Ouster secures Utah lidar project, pushing BlueCity coverage close to 300 locations

Rackspace Q2 Sales Beat Forecasts; Margin Challenges Remain as AI Transition Continues

Trump Media posts $238 million Q2 loss, highlights focus on Truth API

Riot Platforms Stock Jumps on $9.1 Billion AI Lease Reportedly With Anthropic

Quantum Computing Inc. Sees Revenue Rise, Yet Interest Income Remains Main Contributor

Samsung SDI Drops 4.5% After GM Withdrawal Raises Indiana Plant Uncertainty

Life360 Shares Sink 24% Despite Reporting Record Revenue, 2026 Forecast Disappoints

Nvidia places $500 billion AI compute financing burden on Wall Street

Upwork shares drop 20% as AI automation and Google search updates hit guidance

Take-Two Shares Gain Further as GTA VI Probes $8.1 Billion Forecast

Datadog Shares Climb 11% Despite Ongoing AI-Customer Uncertainty

Rapid7 Shares Climb in After-hours Trading Following 12% Staff Reduction and Improved Profit Forecast

HPE Shares Climb Following Morgan Stanley Upgrade, With $71 Price Target Indicating 30% Upside

Sandisk Stock Rebounds as Analysts Reframe the Earnings Selloff

Meta (NASDAQ:META) shares lose momentum as Muse enthusiasm faces $145 billion investment trial

TechStock² Updates

Sandisk Stock Gets a $1,600 Upgrade Before Investor Day Tests the Margin Trade-Off

Plug Power Stock Rises After Q2 Gross Margin Almost Breaks Even and Outlook Improves

Cloudflare Sets Price on $2.18 Billion 0% Convertible as It Seeks AI-Focused Growth

Sionna Stock Falls 91% as Failed CF Trial Pushes Valuation Below Cash

Phillips 66 Heads $5 Billion Western Gateway Pipeline to Address California Fuel Shortfall

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