Today: 7 July 2026
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Technology 6 July 2026 - 7 July 2026

DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean Holdings, Inc. climbed 9.3% to $143.64 Wednesday afternoon after the company forecasted its Q2 remaining performance obligations topping $800 million. That puts focus on backlog and capacity instead of just stronger AI revenue. Shares touched $157.99 at their high and 3.28 million shares changed hands as of 1:50 p.m. EDT, valuing DigitalOcean near $16.1 billion. DigitalOcean reported a big jump in its RPO for its size. RPO for Q2 2025 was $53 million, with revenue at $219 million. A July 7 update suggests RPO is now at least 15.1 times what it was a year ago, while revenue growth is set to pick up to around 29%, compared with 14% growth in the same period a year earlier. The company also said its weighted average obligation life rose from 1.6 years to over three years.
7 July 2026
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Super Micro (NASDAQ:SMCI) trails other AI names as shares drop below June sale price

Super Micro (NASDAQ:SMCI) trails other AI names as shares drop below June sale price

Super Micro Computer, Inc. dropped 2.8% to $26.44 on Tuesday. That’s under the $27.50 level where it sold 45,454,545 common shares in June. Shares topped out at $26.96 during the session—still short of the sale price. This is the tougher figure for investors. Super Micro is getting measured not just by AI orders, but also by how much stock it might have to raise to make those sales happen.
7 July 2026
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BlackBerry slides after convertible notes, insider selling hit QNX rally

BlackBerry slides after convertible notes, insider selling hit QNX rally

BlackBerry Limited traded lower Tuesday. But the filings tell more than the daily move. After a rally on earnings, the company’s 2029 convertible notes are now an active capital question. Executive Form 4 stock sales filed post-close Monday were minor compared to the notes issue. At 1:48 p.m. EDT, BlackBerry shares in the U.S. were at $11.265, off 1.0%. The stock traded between $10.68 and $11.50 earlier. It lagged the SPDR S&P 500 ETF Trust, but did a bit better than Invesco QQQ Trust Series 1.
7 July 2026
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Palantir (NASDAQ:PLTR) stock trades at 43 times sales as holiday week begins

Palantir (NASDAQ:PLTR) edges higher after Mexico insurer deal

Palantir Technologies Inc. moved up late Tuesday morning as the company said Grupo Nacional Provincial, or GNP Seguros, is its first announced commercial customer in Latin America. The news gave Palantir its first non-U.S. commercial reference on a day tech stocks traded down. Nasdaq was open for a normal session. Nasdaq’s 2026 holiday schedule puts the July Independence Day closure on July 3, with regular hours at 9:30 a.m. to 4 p.m. Eastern. The stock traded at $135.34, up 2.1%. Invesco QQQ Trust fell 2.0%, while SPDR S&P 500 ETF Trust slipped 0.6%. The 4.1-point move over QQQ stands out since this wasn’t a chip cycle update. It was a commercial software deal, and the company didn’t say what the contract’s worth.
7 July 2026
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Micron (NASDAQ:MU) set for Nasdaq move as SK Hynix (KRX:000660) shakes up AI memory trade

Micron (NASDAQ:MU) drops $89 billion on Ford contract worries

Micron Technology, Inc. was active in Tuesday’s regular Nasdaq session. According to Nasdaq’s 2026 calendar, markets close for Independence Day on July 3, not July 7. Regular U.S. trading runs from 9:30 a.m. to 4:00 p.m. ET. The stock last traded down $78.10 at $906.65, putting the market cap near $1.038 trillion. With that market cap and price, the share count works out to roughly 1.145 billion. The day’s drop shaved about $89.4 billion from equity value. The session low of $892.50 erased about $105.6 billion in value.
7 July 2026
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Trident Digital Tech (NASDAQ:TDTH) gains as founder debt exchange comes in under market price

Trident Digital Tech (NASDAQ:TDTH) gains as founder debt exchange comes in under market price

Trident Digital Tech Holdings Ltd rose Tuesday, bucking a softer U.S. market, after investors weighed in on a related-party debt swap that would turn a founder’s claim into restricted Class B shares ahead of a shareholder vote in Singapore. Trident was up 46.7% at $2.67 as of 10:48 a.m. EDT, moving from a $1.82 close. Shares opened at $3.01, reached $3.53, and volume for the day hit 33.2 million.
7 July 2026
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CCH Holdings (NASDAQ:CCHH) shares climb after $50M data-centre contract announcement

CCH Holdings (NASDAQ:CCHH) shares climb after $50M data-centre contract announcement

CCH Holdings Ltd jumped 28% to $0.575 in early trading Tuesday after the restaurant operator out of Malaysia said its unit signed a three-year sales and service deal for data-centre infrastructure. Shares hit $0.811 at the session high. The stock closed at about $0.45 on Monday. Volume stood at 100.6 million shares as of 9:50 a.m. EDT. The U.S. market had opened by the dateline. Nasdaq trading hours in the U.S. go from 9:30 a.m. to 4:00 p.m. ET. According to NasdaqTrader’s 2026 holiday schedule, the Independence Day closure is listed for July 3, not July 7.
7 July 2026
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Nokia drops as investors shrug at FiberCop news, look to AI-optics prices

Nokia drops as investors shrug at FiberCop news, look to AI-optics prices

Nokia Oyj dropped in Helsinki on Tuesday, reversing more of the AI-optical-network gains that took the Finnish telecom group to a 16-year high earlier this year. The shares changed hands at €10.58 as of 17:02 Helsinki time, off 4.08% for the session, with a range from €10.52 to €10.88. Around 4.91 million shares traded, roughly 25% of the typical 19.55 million average. Nasdaq Helsinki regular hours are 10:00 to 18:30, so this was not a closing price.
7 July 2026
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ServiceNow (NYSE:NOW) moves higher before bell, but light trading keeps rebound in check

ServiceNow (NYSE:NOW) moves higher before bell, but light trading keeps rebound in check

ServiceNow moved up ahead of Tuesday’s open. Volume is more telling here for investors. The stock was up on Monday and ticked higher in the premarket, but it still hasn’t broken through the longer-term trend line overhead. NYSE core trading was not open at the dateline. The exchange’s regular hours are 9:30 a.m. to 4 p.m. ET. NYSE records list the Independence Day close as Friday, July 3 on the 2026 holiday schedule, not Tuesday, July 7.
7 July 2026
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Quantinuum stock trades higher with QNT price moving well above reported revenue

Quantinuum rally brings 2026 sales forecast into focus

Quantinuum Inc. finished its first month on the market with a more settled valuation than the quick jump it saw on day one. Shares closed Monday at $83.17, putting the company’s value around $21.70 billion. That’s about 804 times the $27 million in 2026 revenue analysts are projecting. This is important since Quantinuum’s backlog sits at $76.8 million as of March 31. The company said 35% of that will likely show up as revenue in the next 12 months, or about $26.9 million. That’s basically the same as the 2026 revenue target.
7 July 2026
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UiPath (NYSE:PATH) bounce up against ARR hurdle after short week

UiPath stock rises ahead of open with ARR miss leaving H2 to prove itself

UiPath, Inc. traded higher before the bell Tuesday. The automation software firm is up 0.85% to $11.93 at 7:01 a.m. EDT, according to MarketWatch, after closing Monday at $11.83. Volume hit 69.8 million on Monday, running 179% of the 65-day average. The focus now is if UiPath can turn a steady July-quarter ARR outlook into better growth in the back half. NYSE hadn’t started regular trading at the time of the dateline. The exchange sets its main session from 9:30 a.m. to 4 p.m. ET. According to its 2026 holiday calendar, July 3 is listed as the Independence Day market holiday, not July 7.
7 July 2026
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NVIDIA (NASDAQ:NVDA) faces $200 mark as $126B test looms after chip drop

NVIDIA (NASDAQ:NVDA) drops as Kyber rack fight hits QQQ positions

NVIDIA Corporation traded lower in premarket Tuesday, but the bigger impact may be on QQQ holders. Nvidia was QQQ’s top holding at 7.62%, with 188.5 million shares valued at $36.7 billion, Schwab data showed as of 5:42 a.m. ET. With Nvidia at that weight, a 1% swing is worth roughly 0.08 percentage point to QQQ before factoring in the other 104 stocks. A 5% move in Nvidia translates to 0.38 percentage point and about $1.84 billion for QQQ’s Nvidia holding. The number looks small, but the exposure is big.
7 July 2026
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IBM (NYSE:IBM) rally trims gap to consensus as BofA looks for Confluent boost

IBM (NYSE:IBM) rally trims gap to consensus as BofA looks for Confluent boost

International Business Machines Corporation climbed $10.00 to close at $299.52 Monday, up 3.45%. That topped the S&P 500’s 0.72% gain and the Dow’s 0.29% rise. The move put about $9.4 billion on IBM’s market cap, using Google Finance’s figure of 939.88 million shares. For investors, the real takeaway isn't just the higher price target. IBM’s closing price is now just 1.14% under the average 12-month target of $302.94, and bullish analysts are widening the gap from the consensus. Google Finance data shows 12 buys and five holds, with no sells, from 17 analysts in the last three months.
7 July 2026
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Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms Inc ended Monday up 2.98% at $600.29, outpacing the Nasdaq Composite’s 1.12% gain and the S&P 500’s 0.72% rise. The stock traded between $581.76 and $603.58, with volume of about 17.06 million shares, close to its 65-day average. The cleaner investor read is not the one-day bounce. It is the gap between Meta’s earnings multiple and the cash cost of its AI build. MarketScreener consensus data show Meta’s capex rising to about $133.4 billion in 2026 from $69.7 billion in 2025, while free cash flow is forecast to slip to a small negative number before recovering in 2027.
6 July 2026
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US stocks end higher, most stocks trail AI gains

US stocks end higher, most stocks trail AI gains

U.S. stocks pushed higher Monday, driven mostly by a narrow set of AI and chip stocks. The S&P 500 closed at 7,537.48 for a 0.72% gain. The Dow Jones Industrial Average ended up 0.30% at 53,056.80. Nasdaq Composite finished at 26,131.63, rising 1.16%, according to Yahoo Finance data. Stocks traded in a typical Monday session after U.S. markets closed for the July 4 holiday on Friday. The NYSE 2026 calendar shows July 3 as the observed day off. Regular trading ended with the 4 p.m. ET closing auction.
6 July 2026
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Amazon (NASDAQ:AMZN) slips as forecast misses even with Nasdaq bounce

Amazon (NASDAQ:AMZN) slips as forecast misses even with Nasdaq bounce

Amazon.com, Inc. slipped at the open Monday on the Nasdaq, bucking gains in the tech sector as Wall Street opened up after being shut for the July 3 Independence Day holiday. The Nasdaq Composite gained 0.65% when markets opened. Invesco QQQ Trust Series 1 showed a 1.3% advance in the latest quote. Nasdaq regular hours run from 9:30 a.m. to 4 p.m. ET. Latest available quotes pointed to mixed action:
6 July 2026
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Alphabet stock today: GOOGL slips premarket as Google’s $185 billion AI spend plan rattles nerves

Alphabet (NASDAQ:GOOGL) cloud backlog tops run-rate, putting Google on capex watch

Alphabet Inc. traded up in early moves Monday, with the Nasdaq Composite up 0.9%. But traders are watching a different metric: cloud backlog is running above $460 billion, while this year’s capital spending is set at $180 billion to $190 billion. Alphabet posted $20.03 billion in Google Cloud revenue for Q1. On an annualized basis, that's close to $80.1 billion. The midpoint for the company’s 2026 capex guidance is $185 billion, or roughly 2.3x the current cloud run-rate. Google’s backlog runs about 5.7x the annualized cloud sales. That’s a big part of why the stock can jump more than 100% in a year and still trade about 11.5% below its 52-week high.
6 July 2026
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Broadcom shares jump on OpenAI move, margin outlook still in focus for AVGO

Broadcom (NASDAQ:AVGO) climbs after Apple (NASDAQ:AAPL) supply deal eases 2031 revenue risk

Broadcom Inc. traded higher in premarket on Monday after saying it will extend its chip partnership with Apple Inc. through 2031. The new deal makes Broadcom more of a long-term supplier to Apple, aiming at contract length instead of just another AI-chip move. Broadcom will supply a range of custom chips to Apple, which makes up around 20% of Broadcom’s yearly sales, analysts told Reuters. Broadcom was trading at $373.94 in MarketWatch’s delayed quote at 8:45 a.m. EDT, up $13.49 from its $360.45 close. With 4.76 billion shares on the table, that premarket move works out to nearly $64 billion in market cap added before the open.
6 July 2026
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Western Digital premarket gains as analysts split on price targets

Western Digital premarket gains as analysts split on price targets

Western Digital traded up 4.26% at $561.95 in premarket as of 7:43 a.m. EDT. That follows a 9.92% plunge to a $539.00 finish before the long weekend. The morning move clawed back less than 40% of Friday's $59.37 slide. Nasdaq listed July 3 as a market holiday for Independence Day, and said its normal cash trading runs from 9:30 a.m. to 4:00 p.m. Eastern. So WDC’s price here is from before the open, not the regular session.
6 July 2026
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SK Hynix eyes $28 billion Nasdaq sale, aims to cover most AI memory push

SK Hynix eyes $28 billion Nasdaq sale, aims to cover most AI memory push

SK Hynix on Monday kicked off a U.S. share sale that looks more like a funding bet on the AI memory market rather than a straight foreign stock listing. The company’s 43.141 trillion won target aims to fund about 77% of a 55.92 trillion won plan for HBM, new fabs and advanced packaging. Reuters said 17.79 million new shares go out through Nasdaq ADRs. The Elec cited the capex details from SK Hynix’s registration filing. SK Hynix has already seen the stock adjust after the issue. The Wall Street Journal said the company lowered its fundraising target to 43.141 trillion won from 45.453 trillion won after shares slid. On Monday in Seoul, SK Hynix finished down 3.4% at 2,343,000 won. The stock is still up about 260% this year.
6 July 2026
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Stock Market Today

  • Farage’s £5m Crypto Gift Flagged to NCA Over Money Laundering Fears
    July 7, 2026, 3:49 PM EDT. Nigel Farage got a £5 million gift from a cryptocurrency billionaire, now flagged to the UK's National Crime Agency (NCA) over money laundering worries, the Guardian reports. The Reform UK chief faces questions for not declaring the sum, possibly breaking parliamentary rules. Bankers filed a suspicious activity report (SAR) after questions about the source. Farage said he didn't need to declare it, arguing he wasn't in politics yet. He took control of Reform UK weeks later. Political parties have pulled out of a by-election Farage called, wary of a media circus. Farage now faces the NCA probe and a parliamentary inquiry, both clouding his political plans.
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