Today: 8 July 2026
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Technology 6 July 2026 - 8 July 2026

Alibaba Group (NYSE:BABA; HKG:9988) rally faces AI cloud optimism, cash issues

Alibaba Group (NYSE:BABA; HKG:9988) rally faces AI cloud optimism, cash issues

Alibaba Group Holding Limited is working off two sessions right now. Hong Kong is finished for the day, New York is still trading. Hong Kong shares closed at HK$107.50, up 12.21%, with 282.13 million shares traded, nearly triple the usual volume. The ADR was at $108.75 as of 11:46 a.m. ET, higher by $10.61 from the last close. The jump is big, but the ADR is still 44% from its 52-week high of $192.67. This wasn’t just one name moving. The Hang Seng Index jumped 2.99% in Hong Kong, Hang Seng Tech surged 4.97%. The KraneShares CSI China Internet ETF gained 3.25% during New York hours. Kospi in South Korea dropped 5.35%. U.S. tech traded softer, Nasdaq was off about 1% at the same time.
8 July 2026
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Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO) $30 billion U.S. chip deal puts $2-per-chip math in focus

Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO) $30 billion U.S. chip deal puts $2-per-chip math in focus

Apple will spend more than $30 billion with Broadcom under a U.S. chip supply deal that gives investors a clearer dollar figure on a supplier relationship that had been hard to size. The contract is expected to produce more than 15 billion U.S.-made chips and support Broadcom’s $1.5 billion expansion in Fort Collins, Colorado, Apple said. The investor read is simple. The deal is less about moving iPhone assembly to the United States and more about locking in a high-volume U.S. source for radio-frequency and wireless parts while Apple faces tariff and component-cost pressure. Apple’s 2025 filing said a significant majority of its manufacturing is handled by outsourcing partners mainly in China mainland, India, Japan, South Korea, Taiwan and Vietnam, and warned tariffs can hit costs, pricing and gross margin.
8 July 2026
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Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure stock: AI power trade turns into lease test after post-hire selloff

At 07:21 EDT, U.S. regular trading had not opened. Nasdaq lists 9:30 a.m. to 4 p.m. ET as regular hours, and July 8 is not on its 2026 closure list; the July closure was July 3 for Independence Day. Keel Infrastructure Corp. was quoted at $4.25 premarket after an 8.26% fall to $4.44 on Tuesday. The current development is a sales hire, but the stock is trading like an asset-proof problem. Keel’s 8-K says Ganesh Aiyer became president effective July 6; he ran global commercial strategy at Digital Realty Trust, and now leads Keel’s commercial and pipeline expansion. CEO Ben Gagnon said Aiyer can make growth “repeatable and sustainable.” Aiyer said he plans to “convert our power portfolio into long-term partnerships.”
8 July 2026
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Intel Stock Pulls Back From 26-Year High as AI Spending Worries Hit Chips

Intel (NASDAQ:INTC) slides as investors weigh foundry losses against AI gains

Intel is trading like an AI play, but the story is traders pulling back on the turnaround premium. The expenses are on the books, but the outside foundry growth isn't there yet. Nasdaq’s regular session hadn’t opened in New York; pre-market starts at 4:00 a.m. and runs to 9:30 a.m. ET, and July 8 isn’t listed as a Nasdaq holiday for 2026. Samsung Electronics reported its Q2 operating profit surged 19 times, but the stock lost over $80 billion in market cap as traders questioned whether AI demand can keep up. That's a problem for Intel too, since even a huge profit beat from a key memory player wasn’t enough to help chip stocks.
8 July 2026
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AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD (NASDAQ:AMD) stock watch: Goldman ups target, chip index faces AI premium test

Nasdaq regular hours hadn’t started as of the dateline. July 8 isn’t a Nasdaq holiday in 2026, and posted trading hours run from 9:30 a.m. to 4:00 p.m. Eastern. Premarket hours are 4:00 a.m. to 9:30 a.m. The market isn’t saying the AI trade at Advanced Micro Devices is over. It is hitting the stock for every sign that the AI story has soft spots. AMD fell 6.51% on Tuesday, just a day after Goldman Sachs raised its target to $640 from $450 and stayed at buy, per analyst-tracker data. That’s not how stocks usually react to a new price target boost. It signals the price has shifted from “prove the demand” to “prove the demand plus profits, supply, and earnings discipline.”
8 July 2026
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US stocks edge lower as chip stocks slip after Samsung warning

US stocks edge lower as chip stocks slip after Samsung warning

U.S. stocks closed lower Tuesday, dragged by a 4.4% slide in the PHLX semiconductor index that weighed on both the S&P 500 and Nasdaq. Most S&P 500 sectors actually rose, and advancers outpaced decliners by 1.4-to-1 within the benchmark index. The session had the feel of a rotation out of AI names rather than a broad drop for equities. Samsung Electronics said it expects second-quarter sales around 171 trillion won and operating profit near 89.4 trillion won. Even with those big numbers, chip buyers didn’t stick around. Micron Technology lost more than 5% and SanDisk slid almost 8%.
7 July 2026
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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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Stock Market Today

  • Oil Jumps 7% on US-Iran Tensions; Stocks, Bonds Rattle as Fed Hike Odds Climb
    July 8, 2026, 1:15 PM EDT. Crude oil surged 7% after new clashes between the U.S. and Iran at the Strait of Hormuz, with the Dow Jones down 1.5%. The U.S. hit Iranian targets, ending a shaky ceasefire and pushing up fears that energy costs will drive higher inflation. Gasoline prices at the pump are barely up so far, but analysts warn bigger price spikes are likely if crude costs keep climbing. Bond yields are rising, adding to volatility, as investors grow nervous. Odds for a June Fed rate hike have jumped past 33%. The IMF trimmed its global growth outlook again, citing persistent geopolitical and economic risks.
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