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Technology 9 July 2026 - 12 July 2026

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Oyj heads into Monday with the Helsinki market closed for the weekend, after big swings last week. Shares soared 9.64% on Thursday as the company showed off its first operational results from the NestAI defence partnership. Nokia finished Friday at €10.90. Thursday's rally pushed up market value by about €5.5 billion, using the 5.6 billion shares not owned by the company, or 55 times the €100 million joint investment from Nokia and Tesi tied to the partnership.
The FCC Just Approved a Space Mirror. The Math Points to a $5 Million Lighting Bet

The FCC Just Approved a Space Mirror. The Math Points to a $5 Million Lighting Bet

The U.S. Federal Communications Commission last week authorized Reflect Orbital’s first space-mirror test, but a public price cited by its chief executive points to a premium lighting business before it points to a new source of power. Ben Nowack has said one mirror would cost about $5,000 an hour under an annual contract of at least 1,000 hours, implying a roughly $5 million yearly bill at those terms.
12 July 2026
Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Inc. ended Friday at $315.32, up 2.2% from the July 2 close, after a week dominated by a chip-supply pact worth more than $30 billion with Broadcom Inc.. Broadcom rose 11.0%; applying each company’s latest disclosed share count, that implies roughly $188 billion of added equity value for Broadcom, against about $98 billion for Apple. U.S. cash markets were closed Saturday.
SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT said its blockchain ledger was ready for initial use this week with 17 banks across six continents, including Citigroup and HSBC Holdings, opening a controlled test of round-the-clock cross-border transfers using bank-issued digital deposits. The investor question is no longer whether SWIFT can build the layer, but whether its distribution network can produce meaningful payment traffic.
SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK hynix Inc. attracted filings from at least 10 fund managers for leveraged or inverse single-stock exchange-traded funds before its first U.S. trade, after pricing a $26.5 billion sale of American depositary receipts, or ADRs — U.S.-traded certificates representing foreign shares — at $149. The price was 2.7% above the three-day average for its Seoul shares; underwriters earned nearly $260 million, or 0.97% of the proceeds.
AT&T’s 5% Yield Draws Eyes, But Starlink Casts a Shadow

AT&T’s 5% Yield Draws Eyes, But Starlink Casts a Shadow

AT&T Inc. traded lower Thursday, with shares now sitting around 6% above the 52-week low. The dip comes a day before a dividend cut-off date, which usually attracts income-focused buyers. This quarter’s payout comes in at about 1.3% of Thursday’s price. Meanwhile, a new Wells Fargo price target points to another 14% drop ahead.
9 July 2026
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