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Technology 30 June 2026 - 2 July 2026

Nokia (HEL:NOKIA) shares drop as FMR cuts stake below 5% ahead of Q2

Nokia (HEL:NOKIA) shares drop as FMR cuts stake below 5% ahead of Q2

Nokia Oyj dropped in Thursday’s midday trading in Helsinki, heading lower even as the overall market stayed firm, after new filings revealed FMR LLC’s stake slipped under the 5% voting-rights threshold. The move comes with three weeks to go before Nokia’s Q2 report. Nasdaq says Helsinki stocks trade 10:00–18:30 local time. As of 15:02 EEST, Google Finance had Nokia at 11.14 euros, down 2.15%. The gap is notable since Nokia dropped about 2% on Thursday even as the local market was higher. Trading Economics had the Helsinki index up 0.19% and the Helsinki 25 up 0.41% on July 2.
EchoStar Dish bankruptcy raises questions on $3.6 billion wireless claim shortfall

EchoStar Dish bankruptcy raises questions on $3.6 billion wireless claim shortfall

EchoStar’s looming bankruptcy issue goes beyond the $2 billion note coming due. The market focus is now on the $2.4 billion FCC trust compared to over $6 billion in 5G shutdown claims that are being disputed. Numbers from the court filings suggest a gap of more than $3.6 billion, topping 12% of EchoStar’s current market cap. Dish DBS and units filed for a prepackaged bankruptcy on June 30. Over 88% of secured and unsecured noteholders, who also hold more than $8.8 billion in Dish Wireless debt, agreed to the restructuring plan, according to the company. Dish DBS said it needed to file because the AT&T deal hadn't closed, so it didn't have the liquidity to pay the July 1 notes and meet other obligations.
UiPath (NYSE:PATH) rally sticks as ARR focus moves weight to H2

UiPath (NYSE:PATH) rally sticks as ARR focus moves weight to H2

UiPath Inc. traded at about $11.55 ahead of Thursday’s open. That’s near MarketBeat’s $11.60 extended-hours quote from 6:31 a.m. EDT. Shares climbed 6.1% in the regular session Wednesday. The NYSE hadn’t started core hours yet; official trading goes from 9:30 a.m. to 4 p.m. Eastern, with Friday, July 3, set as the Independence Day observed holiday. The bigger challenge for investors isn’t the first-day stock reaction. It’s the renewal math. UiPath’s Q1 report put ARR at $1.901 billion as of April 30. Net new ARR for Q1 totaled $49 million. The company guided for July-quarter ARR between $1.929 billion and $1.934 billion, and sees fiscal 2027 ARR coming in between $2.058 billion and $2.063 billion. CEO Daniel Dines said the quarter was a “strong start,” pointing to agentic products shifting from pilot to production. Operating chief and CFO Ashim Gupta pointed to “operational discipline,” adding UiPath posted its first-ever GAAP profit for the first quarter.
Intel heads toward $646 billion mark following 9% chip slide

Intel heads toward $646 billion mark following 9% chip slide

Intel Corporation goes into its July earnings priced more as a foundry and AI rebound play than as an earnings trade for the quarter. Intel shares finished Wednesday at $127.02, down 9.03%, trading around 110.8 million shares. The decline erased Tuesday’s 6.01% jump and put the stock 3.6% under Monday’s close, a smaller two-day move than the Wednesday fall alone. Historical data had Intel at $139.63 on June 30 and $127.02 on July 1.
Nasdaq under pressure with chip names lower; futures drift before jobs data

Nasdaq under pressure with chip names lower; futures drift before jobs data

U.S. stock-index futures pointed to a mixed start Thursday. Dow and Russell 2000 futures edged up in early New York trading, but Nasdaq 100 futures slipped. Traders are watching for a jobs report that could shift rate hike bets ahead of a three-day break. Nasdaq’s premarket goes from 4:00 a.m. to 9:30 a.m. ET, and the regular session opens at 9:30 a.m. and ends at 4:00 p.m. ET. Traders didn’t focus on the S&P 500. The real action was in the splits underneath it. By about 5:48 a.m. EDT, Nasdaq 100 futures were off 0.35% while Russell 2000 futures ticked up 0.06%. Dow futures were slightly higher, gaining 0.04%. That left Nasdaq 100 futures 41 basis points below the Russell 2000 and 39 points under the Dow.
Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit, Inc. heads into Thursday’s New York premarket with investors looking at the numbers: shares jumped 13.7% Wednesday, closing at $197.42. That move adds about $4.6 billion in equity value, based on MarketBeat’s listed $38.01 billion market cap. In its March-quarter filing, Reddit reported $120.6 million in performance obligations tied mostly to long-term content licensing contracts longer than a year. The gap matters as the stock is trading on future AI data renewal hopes, not what Reddit has already signed. If the new licensing deals don’t come in higher, investors are just getting a high-priced ad stock growing fast.
CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave, Inc. shed nearly as much in market cap in a single day as a third of its newest Meta Platforms, Inc. deal. Traders are shifting focus from just the company’s backlog to who will end up owning the future supply of AI compute. The stock traded at $85.69, off 13.9% from the previous close. Meta gained 8.8% to $612.91. Shares of Nebius Group N.V., which also has Meta exposure, dropped 17.0%. The Invesco QQQ Trust Series 1 shed 1.5%. The SPDR S&P 500 ETF Trust was mostly flat.
Opendoor (OPEN) rally eyes Russell move, shorts stay heavy

Opendoor (OPEN) rally eyes Russell move, shorts stay heavy

Opendoor Technologies Inc. opens Thursday with the real test looking past the headline rally: will the inflows from index-related buying and retail trades support a stock now valued well above its housing inventory? The online home seller finished Wednesday at $4.94, climbing 32 cents, or 6.93%. Shares traded from $4.57 to $5.13 during the session, a 12.1% move based on the previous close. MarketWatch showed the stock at $4.93 early Thursday in premarket. The S&P 500 ended down 0.22% Wednesday, while the Nasdaq Composite dropped 0.66%.
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation is starting Thursday with a cleaner test than most chip stocks: the stock is below $200, but it did not fall like the rest of the semiconductor tape. Nvidia closed Wednesday at $197.58, down $2.51, or 1.25%, after touching $193.45. It was quoted at $195.50 at 4:07 a.m. EDT in premarket trade. The Philadelphia Semiconductor Index ended Wednesday down 6.3%, while the Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%. Meta Platforms rose 8.8% after a report that it is building a cloud business to sell excess AI computing capacity.
Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume

Netflix, Inc. stood out for bulls on Wednesday, climbing 3.91% to $74.19. The move bucked a rough day for big tech: Nasdaq Composite lost 0.66%, Nasdaq 100 slipped 1.54%. Volume was 43.73 million shares, about 106% of the 65-day average. Netflix last traded at $74.245 in after-hours as of 7:01 p.m. EDT. The spread stands out as Netflix surged without help from a wider tech rally. MarketWatch data had the Nasdaq 100 off 1.54%, the S&P 500 down 0.22%, and the media and entertainment peer group losing 1.59%. Netflix was up nearly 4%.
2 July 2026
Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon faces SpaceX-driven selloff after Dow exit, 12% cash-flow yield tested

Verizon Communications Inc. last changed hands at $41.99, off 0.8%. Traders treated the slow-growth dividend play as if it had fresh tech risk this week. Verizon’s market cap stood at $176.8 billion, with shares moving from $41.51 to $42.77 Wednesday. The bigger number isn’t the daily drop. Barron’s reported SpaceX’s threat erased $46 billion in market value from the top three U.S. carriers this week, with Verizon losing $20.25 billion. That’s about 11.5% of Verizon’s market cap, and nearly 94% of the $21.5 billion free cash flow it expects in 2026.
Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group N.V. dropped sharply after Nasdaq's regular close, but the stock is still up 173.79% for the year. Trading volume was 175% of the 65-day average. MarketWatch put short interest at 50.93 million shares as of June 15, about 25.21% of the float. That kind of short interest can drive swings both ways, but it didn't stop the fall on Wednesday. Meta Platforms Inc. is working on a cloud business to sell its extra AI computing power, Reuters said, citing Bloomberg News. The plan is still being developed and could shift, according to the report. Meta didn’t comment. The move could put Meta in the supplier camp for companies that rent GPU capacity.
Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Bending Spoons stock debut leaves $720 million pricing gap as BSP jumps on Nasdaq

Regular Nasdaq stock trading had just ended at the dateline time. Nasdaq lists its main stock market hours from 9:30 a.m. to 4 p.m. ET and its 2026 calendar marks July 3, not July 1, as the Independence Day market closure. Bending Spoons S.p.A., the Milan-based owner of AOL, Vimeo, Evernote and WeTransfer, jumped in its first U.S. session Wednesday. The stock was quoted at $41.42 at 15:57:59 EDT, up 42.8% from its $29 offer price. The quote followed a $30.70-$43.98 day range.
Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) falls after GM contract, traders weigh AI memory bets

Micron Technology fell 9.8% to $1,041.12 as of 13:58 EDT, in delayed trading. The memory-chip company and General Motors announced a long-term supply agreement. Even so, shares sank $113.17 from Tuesday’s close, wiping around $130 billion from Micron’s value based on its quoted share count. That’s roughly 1.9 times GM’s total market cap. Micron took a hit, and that’s the story. The GM deal adds another buyer for Micron’s memory and storage over the long haul, but the market wants proof. The shares now bake in a tough bet—memory chips trading more like a contracted AI part and less like a classic boom-bust commodity.
AT&T shares dip; SpaceX pressure raises yield concerns

AT&T shares dip; SpaceX pressure raises yield concerns

AT&T Inc. dropped on Wednesday as T-Mobile US Inc. gained. The moves show investors are zeroing in on AT&T’s cash strength and dividend, especially if satellite-powered mobile rivals force down wireless prices in the U.S. The selling hasn’t been just a blip from a single negative story. Barron’s said Wednesday that Verizon Communications Inc., AT&T and T-Mobile together have dropped $43.65 billion in market cap, with traders worried that SpaceX might shake up the U.S. telecom sector.
Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

Datavault AI Inc. jumped 21% after outlining its $700 million minerals plan, but the stock still trades a dollar below Nasdaq minimums. Datavault AI Inc. jumped 21.0% to $0.4234 by midday Wednesday. The company said it is teaming up with Patriot Strategic Metals LLC on a planned strategic minerals platform with an initial Phase I program of up to $700 million. Shares stayed well below the $1 close needed for a Nasdaq cure.
CoreWeave and Nebius face Nasdaq-100 test as AI rally cools

Meta (NASDAQ:META) cloud move rattles CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS) as $15 billion AI compute deal shifts to risk

Meta’s shift in cloud spending hit CoreWeave and Nebius after the $15 billion AI compute backstop turned into a risk. New York, July 1, 2026, 11:03 EDT Meta Platforms jumped nearly 10% Wednesday after Bloomberg News said, via Reuters, that the company is starting a cloud business to sell surplus AI computing power. CoreWeave was down 14% and Nebius Group dropped 16% as of 10:50 a.m. in New York, according to current data.
NVIDIA (NASDAQ:NVDA) falls under $200 after $114 billion move in S&P 500, QQQ

NVIDIA (NASDAQ:NVDA) falls under $200 after $114 billion move in S&P 500, QQQ

NVIDIA Corporation dropped under $200 early Wednesday, but the bigger signal was how much was wiped out. Shares hit $195.44, off 2.3% at 9:48 a.m. EDT. Market cap showed about $4.77 trillion. The stock was down $4.655 from Tuesday’s close. That’s about $114 billion lost in under 30 minutes of trading. NVIDIA ended Tuesday at $200.09, 2.6% higher, based on Reuters data. Shares turned lower early Wednesday, erasing most of that gain and leaving the stock far below its 52-week high of $236.54 from MarketWatch. At $195.44, it’s still around 21% shy of that mark.
Joby Aviation (NYSE:JOBY) trades below $11.35 financing level

Joby Aviation trades ahead of eVTOL sector after Toyota JV filing details $2 million seed

Joby Aviation Inc climbed Tuesday after Toyota Motor Corp grabbed majority control of their new manufacturing joint venture. Shares moved much more than the actual cash Toyota put into the business. Shares of the Santa Cruz, California-based air-taxi developer rose 3.8% to $8.96. More than 33.9 million shares changed hands. Toyota’s U.S.-listed stock slipped 1.8%. Reuters had reported Joby gained 7% in premarket trading after the companies said they would form a joint venture to build Joby’s S4 electric vertical takeoff and landing craft.
UiPath (NYSE:PATH) trails tech rally with buyback math raising ARR pressure

UiPath (NYSE:PATH) trails tech rally with buyback math raising ARR pressure

UiPath, Inc. ticked higher in Tuesday's session, though the move lagged a wider run in big software and tech stocks. Shares were seen trading at $10.735, up 5.5 cents over the previous close. Volume crossed 35 million shares. Market cap stood near $5.67 billion. PATH still rests more on capital-return hopes than a clear growth shift. The New York Stock Exchange was open for its main trading session at the dateline. Regular hours run from 9:30 a.m. to 4:00 p.m. ET. June 30 is a normal trading day in 2026, not a holiday. The NYSE will close next on July 3 for the Independence Day holiday.
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Stock Market Today

  • Amplitude (AMPL) Pops 11.8% on Revenue Jump, Bigger Customer Base
    July 2, 2026, 9:13 AM EDT. Amplitude (AMPL) rallied 11.8% to $8.55 in heavy trading, bouncing after recent declines. The company posted a 17% year-on-year revenue gain and reported net dollar retention up sequentially to 106% for Q1 2026. Customers spending over $100,000 yearly grew by 18%. Amplitude said it's working with Statsig to bring Statsig customers over. The company still sees a $0.01 per share quarterly loss, with revenue guidance at $97.76 million, up 17.4%. EPS estimates didn't move, pointing to limited share price upside in the short term. AMPL holds a Zacks Rank #3 (Hold). Direction depends on where earnings estimates go next, so investors are watching closely.
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