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Technology 4 July 2026 - 6 July 2026

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:
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.
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.
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.
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.
Intel (NASDAQ:INTC) stock sees quick turnover as traders exit ahead of Q2 results

Intel climbs premarket, Nvidia up nearly $22 billion on paper ahead of results

Intel Corporation looked ready for a partial bounce before the bell on Monday, but investors are watching another figure: NVIDIA Corporation’s position in Intel now shows a paper profit of over $20 billion since last year. U.S. regular trading hadn’t started yet. Nasdaq says its normal session runs from 9:30 a.m. to 4 p.m. ET, with premarket trading from 4:00 a.m. up to the open. The exchange was closed for Independence Day on July 3, not July 6.
Nokia Oyj (HEL:NOKIA) trades up on low volume, trails OMXH25 ahead of Q2 order figures

Nokia (HEL:NOKIA) slides in Helsinki, U.S.-listed ADRs seen lagging as AI strength fades

Nokia traded lower in Helsinki on July 6, 2026, at 14:03 EEST. U.S. ADRs looked set for a gap at the open as last week's AI-driven momentum lost steam. Nokia Oyj slipped in Helsinki on Monday. For U.S. investors, the main signal came from the spread between the updated Helsinki price and where New York closed. Nasdaq Helsinki ran normal hours, trading from 1000 to 1825 EEST.
AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

AMD stock rebound weighs on AI premium after Nvidia delay chatter

Advanced Micro Devices Inc. traded at $530.64 in premarket at 04:46 ET, showing a 2.47% uptick from its $517.82 close in the last session, per Investing.com. The stock had dropped 4.26% in regular hours. The premarket rebound clawed back $12.82 of a $23.06 slide, or about 56%, but AMD was still $10.24 below its previous close using this calculation. The cash market hadn’t opened yet. For 2026, NYSE’s official calendar shows Friday, July 3 as the Independence Day holiday. Regular trading is scheduled for 9:30 a.m. to 4:00 p.m. ET.
Sandisk premarket gains don’t close $29 bln gap after memory selloff

Sandisk premarket gains don’t close $29 bln gap after memory selloff

Sandisk Corporation ticked higher in premarket trading Monday, but shares still sat well below last week’s levels. The stock finished at $1,745.00 on July 2, a drop of 14.13%. In premarket, Google Finance was showing it at $1,838.00, up 5.33%. U.S. equity markets had not started the regular session yet. NYSE core hours are 9:30 a.m. to 4:00 p.m. ET, and July 3 was closed for Independence Day. What matters more for investors isn’t the rebound, but the hole it left. With 148.09 million shares out, the stock’s drop from $2,032.22 to $1,745.00 destroyed around $42.5 billion in equity value in a day. The $93 move higher before the bell puts back about $13.8 billion, but that still leaves around $28.8 billion unaccounted for.
NVIDIA (NASDAQ:NVDA) faces $200 mark as $126B test looms after chip drop

NVIDIA (NASDAQ:NVDA) faces $200 mark as $126B test looms after chip drop

NVIDIA Corporation comes into the new week eyeing the $200 level. Shares were last seen at $194.83, giving the chipmaker a market cap near $4.75 trillion. With that size, every $1 in the stock is equal to roughly $24.4 billion in market value. If NVDA gets back to $200, that’s an extra $126 billion. U.S. stocks were closed Friday, July 3, for the Independence Day holiday, as listed on Nasdaq’s 2026 equity and options calendar. NYSE also listed the July 3 shutdown. Trading resumes on Monday, following the extended weekend.
MP Materials drop raises questions on mine-to-magnet strategy

MP Materials drop raises questions on mine-to-magnet strategy

MP Materials Corp opened Monday with fewer links to China than investors may read from the drop in the stock in June. The rare-earth miner reported it had zero revenue from rare-earth concentrate in the first quarter, versus $30.1 million a year ago, since it stopped selling concentrate in July 2025. Revenue from NdPr oxide and metal was up at $71.1 million. The recent share move looks tied to the cost and timing of building out U.S. magnet capacity, not a hit to China business. MP shares lost 13.4% during June, most of it after China put MP on its export-control list, The Motley Fool said, citing S&P Global Market Intelligence numbers. The stock's last trade was $53.31, off 1.8%, with a market cap around $9.49 billion, ahead of the regular U.S. open.
CoreWeave (NASDAQ:CRWV) falls as Nasdaq-100 spot faces pressure, Meta cloud worries weigh on AI pricing

CoreWeave (NASDAQ:CRWV) falls as Nasdaq-100 spot faces pressure, Meta cloud worries weigh on AI pricing

CoreWeave heads into Monday with something different than the usual AI stock issues. The Nasdaq closed Friday for the Independence Day holiday, so Thursday’s finish is the latest print: $81.75 a share, off 4.6% for the day, down 15.4% from the previous Friday. Stocks gained in a four-day week, with the Dow, S&P 500, and Nasdaq Composite all up. CoreWeave dropped sharply on high volume.
Super Micro (NASDAQ:SMCI) falls under AI offering price as Taiwan review keeps focus on funding

Super Micro (NASDAQ:SMCI) falls under AI offering price as Taiwan review keeps focus on funding

Super Micro Computer, Inc. starts the week with shares trading below the recent capital-raise level. Investors are sticking to a cautious stance on the AI server company, weighing the $39 billion order headline against possible costs. U.S. stock markets were closed Friday, July 3, for Independence Day observed. Nasdaq says regular trading runs from 9:30 a.m. to 4 p.m. ET. Markets reopen Monday, July 6.
Oracle (NYSE:ORCL) shares slump as AI backlog now tops company’s market cap

Oracle (NYSE:ORCL) shares slump as AI backlog now tops company’s market cap

Oracle Corporation goes into the July 6 restart facing an unusual challenge for the market—its cloud order backlog is bigger than the company’s equity value. Shares finished at $140.27 on July 2. That put Oracle’s market cap at roughly $408.5 billion. At the end of its fiscal fourth quarter, Oracle showed $638 billion in RPO. So the market cap is about 0.64 times the reported backlog. U.S. stock markets were closed on Friday, with the NYSE observing the Independence Day holiday on July 3. Regular trading hours are 9:30 a.m. to 4 p.m. ET on standard sessions. For Oracle, the last normal cash close before the break came on July 2.
BlackBerry (NYSE:BB; TSE:BB) surge highlights $200 million convertible-note deal

BlackBerry (BB) heads into the week after QNX surge, valuation now in focus

BlackBerry Limited goes into this week with a changed story from last month. Shares have already moved up. U.S. markets had a holiday-shortened session. Now the market is watching to see if investors will value BlackBerry like a software name while revenue stays modest. U.S. markets stayed closed Friday for the Independence Day holiday. The Toronto Stock Exchange was shut Wednesday for Canada Day but traded as usual Friday. NYSE trading hours are set to return Monday unless there is a separate halt. The TMX calendar lists July 3 as a U.S. holiday for special settlement, not a closure for Canadian markets.
5 July 2026
Apple’s $210B foldable iPhone rally faces Fed, earnings hurdles

Apple’s $210B foldable iPhone rally faces Fed, earnings hurdles

U.S. markets were closed Friday for Independence Day. Apple Inc. wrapped the week with Thursday’s close at $308.63, up 4.84%. Reuters said Nikkei Asia reported Apple has plans for five new iPhone models. For the week, Apple rose 8.76%. That compares with a 2.1% gain in the Nasdaq Composite. The move was less about direction, more about how big it was. Apple’s latest rally tacked on around $210 billion in market cap in a single day. Nikkei Asia, via MacRumors, reported Apple asked suppliers to get ready for 10 million foldable iPhones this year, up from an earlier plan for 7 million to 8 million units. The same story quotes IDC on an average price of $2,500 for the foldable.
Nokia Oyj (HEL:NOKIA) trades up on low volume, trails OMXH25 ahead of Q2 order figures

Nokia Oyj (HEL:NOKIA) trades up on low volume, trails OMXH25 ahead of Q2 order figures

Nasdaq Helsinki is closed for the weekend. The focus isn’t on Friday’s bounce. Traders now want to see if Nokia Oyj can turn that broker-driven rebound into something stronger before second-quarter results hit July 23. Nokia finished Friday at 11.17 euros, up 3.57% after hitting its session high right at the close. Still, shares dropped 1.93% over the week. OMX Helsinki 25 gained 1.57% Friday and 2.03% for the week, putting Nokia 3.96 points behind the benchmark.
SpaceX (NASDAQ:SPCX) Starlink launch sees Falcon 9 booster used for chip tests ahead of Nasdaq-100 inclusion

SpaceX (NASDAQ:SPCX) Starlink launch sees Falcon 9 booster used for chip tests ahead of Nasdaq-100 inclusion

CAPE CANAVERAL, Florida, July 5, 2026, 09:06 Space Exploration Technologies Corp. tried out a new use for its Falcon 9 during a regular Starlink launch from Florida, flying recoverable industrial payloads. The rocket took off from Space Launch Complex 40 at 6:50 a.m. EDT with 29 Starlink satellites and two Besxar Space Industries semiconductor pods loaded on the first stage. The pods rode the rocket for eight minutes and 19 seconds before returning. SpaceX confirmed Starlink deployment at 8:30 a.m. EDT, Spaceflight Now said.
Corning stock drops 11% in post-rally trade as AI fiber hopes hit test

Corning stock drops 11% in post-rally trade as AI fiber hopes hit test

Corning Incorporated heads into next week with a clearer setup after the U.S. holiday. The question now is if investors are still willing to pay up for an AI-infrastructure story after the stock’s sudden drop. The New York Stock Exchange and Nasdaq were shut Friday, July 3, for Independence Day observed. That left Thursday’s close as the last regular U.S. price until trading restarts Monday. Corning last finished at $196.79, falling $23.84, or 10.81%, with a range from $193.54 to $224.01, according to MarketWatch. The intraday range came to $30.47, or about 15.5% of the close.
AST SpaceMobile nears Wall Street target after 19% jump in shortened holiday week

AST SpaceMobile nears Wall Street target after 19% jump in shortened holiday week

AST SpaceMobile, Inc. finished the shortened U.S. trading week up 19.15% at $85.13. The move came after Reuters said Japan plans to give up to 148 billion yen, or $912 million, to Rakuten Group for a satellite communications network. Rakuten is reportedly in talks with AST SpaceMobile to set up a joint venture for that project. No regular U.S. stock trading happened Friday. NYSE and Nasdaq both show July 3, 2026, as a market holiday for Independence Day.
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Stock Market Today

  • Vertiv Holdings (VRT) Jumps 8% as Investors Bet on AI Demand, Valuation at 58x 2026 Cash Flow
    July 6, 2026, 1:13 PM EDT. Vertiv Holdings Co (NYSE:VRT) climbed 8% Monday to $324.62 with buyers leaning into the AI story. Market cap landed at $127.2 billion, putting the stock at 58 times its 2026 adjusted free cash flow target of $2.1 billion to $2.3 billion. Vertiv outperformed big U.S. equity ETFs as traders looked for more cash flow from the AI wave. The stock is trading at about 51 times its projected 2026 EPS of $6.30 to $6.40. Analysts have price targets from $316 to $377. Sentiment is mixed even after a strong Q1 and a bullish outlook for the year.
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