Today: 5 July 2026
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Technology 3 July 2026 - 5 July 2026

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.
Bloom Energy surges into Russell as $25B AI contract faces up $77B market cap

Bloom Energy surges into Russell as $25B AI contract faces up $77B market cap

Bloom Energy Corporation goes into the week as a large-cap growth name, shifting from its old small-cap fuel-cell label. A short trading week in the U.S. showed just how much trading in BE now tracks index moves and AI-linked power order deals. U.S. stock markets were closed Friday in honor of Independence Day. The NYSE 2026 holiday schedule lists July 3 as a market holiday, since July 4 lands on a Saturday this year. Trading will open again on Monday, July 6.
CoreWeave slides as Meta risk hangs over backlog defense

CoreWeave slides as Meta risk hangs over backlog defense

CoreWeave, Inc. headed into the extended U.S. holiday break with shares showing more strain than momentum. U.S. equity markets were closed Friday, July 3, for the Independence Day observance. Trading also paused Saturday. NYSE’s posted 2026 calendar confirms July 3 as a holiday closure. CoreWeave shares fell 4.60% to $81.75 on Thursday, slipping on volume of 32.79 million, which topped its 65-day average. The stock was down 15.36% for the past five days, erasing more than what was left of its 14.15% year-to-date gain. It finished about 18% above its 52-week low and well below its high, with a 52-week range between $63.80 and $163.66, according to MarketWatch.
Oracle stock’s $638 billion backlog fails to stop worst selloff in years

Oracle stock’s $638 billion backlog fails to stop worst selloff in years

Oracle Corporation enters the long U.S. holiday weekend with an odd split in its numbers: contracted demand has grown larger than the company’s market value, while the stock has kept falling. U.S. equity markets were closed Friday, July 3, for Independence Day observed, with normal NYSE and Nasdaq hours listed as 9:30 a.m. to 4:00 p.m. ET on regular trading days. Oracle’s last regular-session print was Thursday’s $140.27 close, down 1.56%, after touching an intraday low of $138.83. Volume was 44.27 million shares, about 56% above Google Finance’s listed average volume of 28.37 million.
Cisco (NASDAQ:CSCO) drops $4.32 in short week, dividend in focus

Cisco (NASDAQ:CSCO) drops $4.32 in short week, dividend in focus

Cisco Systems, Inc. heads into the week with only a minor dividend and faces another price test. U.S. equity markets were closed Friday for the Independence Day holiday observed on July 3. The NYSE has July 3, 2026, listed as the Independence Day market holiday. Cisco ended Thursday down 3.69% at $112.69, off $4.32 for the day. Google Finance showed the after-hours price at $112.48 and noted the company’s next ex-dividend date as July 6, with a $0.42 quarterly payout. MarketWatch called it Cisco’s third drop in a row, putting shares 13.56% below their 52-week high of $130.37 from June 4.
Mobileye (NASDAQ:MBLY) pares gains as buyback overhang weighs after 22% jump

Mobileye (NASDAQ:MBLY) pares gains as buyback overhang weighs after 22% jump

Mobileye is set to reopen Monday after racking up strong gains last week, but holders may now be trying to figure out whether the move was driven by real buying or just changes in float math. Nasdaq was shut Friday, July 3, for the Independence Day holiday. Regular hours are 9:30 a.m. to 4 p.m. Eastern. Shares finished Thursday at $9.57, off 1.03% for the session. That’s still up 22.5% from last Friday’s close at $7.81. Most of the rally came June 30, when Mobileye jumped 16.63% on volume of 12.84 million shares.
Marvell (NASDAQ:MRVL) falls as AI data-center surge cools into holiday week

Marvell (NASDAQ:MRVL) falls as AI data-center surge cools into holiday week

U.S. markets closed on Friday for the Independence Day holiday, so Marvell's last full session was Thursday. Nasdaq says July 3, 2026, will be a holiday. NYSE also has that date as the observed Independence Day. Marvell traded higher early Tuesday but then dropped sharply. Shares ended the week 17.7% under Tuesday’s close and down 8.1% from the last Friday close at $266.77. The week was short, but losses were heavy.
Microsoft (NASDAQ:MSFT) rebound puts AI hopes to the test, tech lags over holiday week

Microsoft (NASDAQ:MSFT) rebound puts AI hopes to the test, tech lags over holiday week

Nasdaq and NYSE will be shut July 3 for the Independence Day holiday, so Thursday’s session is the last regular equity close until trading opens again next week. Nasdaq’s normal hours are 9:30 a.m. to 4:00 p.m. ET. Microsoft Corporation ended July 2 at $390.49, up 1.6% on the day and giving the company a market cap close to $2.91 trillion. Shares were up 4.7% from the June 26 close. Over the same stretch, State Street Technology Select Sector SPDR ETF slipped 0.3%, while SPDR S&P 500 ETF Trust gained 2.2%.
Netflix (NASDAQ:NFLX) jumps, adding $14.6B in market cap as Nasdaq edges down ahead of July 4

Netflix (NASDAQ:NFLX) jumps, adding $14.6B in market cap as Nasdaq edges down ahead of July 4

NEW YORK, July 3, 2026, 14:14 EDT. Netflix shares surged, sending its value up $14.6 billion, while the Nasdaq traded lower ahead of the July 4 holiday. Netflix, Inc. heads into the holiday with a quick and focused rally. Most of the stock's gain over the last five days hit in a single trading session, where volume jumped about 33% above its 65-day average. U.S. equities won’t trade on Friday for the observed Independence Day holiday, and the Nasdaq’s own calendar marks July 3 as a closed day.
Kraken Robotics (CVE:PNG) lags after bumping 2026 forecast on Covelya deal close

Kraken Robotics (CVE:PNG) lags after bumping 2026 forecast on Covelya deal close

Kraken Robotics Inc. traded higher Friday after it closed the C$615 million Covelya Group acquisition. Shares were up 4.71% to C$6.67 at 12:49 p.m. EDT. Market cap sat at C$2.05 billion, according to Google Finance. Volume was 745,380 shares against an average of 1.41 million. Canadian markets traded as usual, not on holiday hours. Activity data on TMX Money was still updating at 12:53 p.m. ET.
BlackBerry (NYSE:BB; TSE:BB) surge highlights $200 million convertible-note deal

BlackBerry (NYSE:BB; TSE:BB) surge highlights $200 million convertible-note deal

BlackBerry Limited heads into next week with its U.S. shares still well above the trigger for a $200 million convertible-note deal, an investor focus that stands out in the usual chatter on the stock. U.S. markets were closed Friday for Independence Day observance, while in Toronto the S&P/TSX composite added 1.0% to 35,333.96 as of 10:23 a.m. ET. U.S.-listed shares changed hands Thursday at $11.51, down 10.2%. The stock swung from $11.21 to $13.00. Over on the TSX, Google Finance showed a Friday trading range of C$15.91 to C$16.34 and 956,880 shares moved.
3 July 2026
Micron Technology (NASDAQ:MU) sheds $202 billion in market cap in two-day chip selloff before holiday

Micron Technology (NASDAQ:MU) sheds $202 billion in market cap in two-day chip selloff before holiday

U.S. stock markets closed Friday for the Independence Day holiday, leaving Micron Technology with a two-session slide going into the break. The company’s shares dropped from $1,154.29 on Tuesday to $975.56 at Thursday’s close, down 15.5%. That move wiped out roughly $202 billion in market cap, based on MarketWatch’s figure of 1.13 billion shares. The loss is the trade here. It’s about four times where Micron set its midpoint for fiscal Q4 revenue and about 11 times the adjusted free cash flow Micron reported for fiscal Q3. The company guided for $50.0 billion, give or take $1.0 billion, in fiscal Q4 revenue, and said fiscal Q3 adjusted free cash flow came in at $18.3 billion.
Sivers Semiconductors stock retakes SEK 57 issue price after SEK 700 million raise, but turnover tells harder story

Sivers Semiconductors stock retakes SEK 57 issue price after SEK 700 million raise, but turnover tells harder story

Sivers Semiconductors AB shares traded at SEK 57.40 at 1130 GMT+2, up 17.14%, after opening at SEK 52.55. That put the stock just above the SEK 57 price used in the company’s SEK 700 million directed share issue, after the shares closed at SEK 49.00 on Thursday. Nasdaq Stockholm was in a regular session at the dateline time. Its main-market equities hours are 0900-1730 local time, and July 3 is not listed among Stockholm’s 2026 closed days or half days.
Intel heads toward $646 billion mark following 9% chip slide

Intel drops $112 billion in value ahead of July break, putting chip recovery to test

Intel Corporation heads into the new trading week facing more than just Thursday’s 5.25% slide. Since its June 30 high, the stock has lost around $112 billion in market cap, wiping out much of the value gained on hopes for a faster server CPU cycle and foundry business shift. U.S. markets are closed Friday. Nasdaq’s 2026 schedule puts July 3 down as a holiday for Independence Day, so no trading. Regular hours for Nasdaq are 9:30 a.m. to 4 p.m. ET on trading days. Markets reopen Monday, July 6.
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA (NASDAQ:NVDA) holds as 210,000-GPU cloud move set for July milestone

NVIDIA Corporation heads into the extended U.S. holiday with shares that outperformed the chip sector overall but are still held back by Wall Street’s latest concern: how much future sales will come from customers relying on Nvidia-funded infrastructure. Nasdaq will be closed July 3 for Independence Day observed. Regular trading hours are 9:30 a.m. to 4 p.m. Eastern. Nvidia ended Thursday at $194.83, off 1.39%, with 142.4 million shares traded. That's 17.6% under its May 14 peak of $236.54. The after-hours quote was $194.43.
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.
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%.
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.
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Stock Market Today

  • iShares 20+ Year U.S. Treasury Bond ETF (XTLH:CA) trading signals for July 5
    July 5, 2026, 5:10 AM EDT. AI trading signals for iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH:CA) as of July 5, 2026 give a weak near-term rating, and neutral mid- and long-term ratings. Trade ideas are to buy near CAD 31.66 with CAD 33.39 as a target and a CAD 31.50 stop, or to short close to CAD 33.39 aiming for CAD 31.66 with a stop loss at CAD 33.56. The fund follows U.S. Treasury bonds, hedged to Canadian dollars. These ratings and levels speak to short-term volatility for this update.
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