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Technology News News 16 January 2026

Riot Platforms stock jumps after AMD signs $311 million Texas data center lease

Riot Platforms stock jumps after AMD signs $311 million Texas data center lease

New York, Jan 16, 2026, 13:40 ET — Regular session. Riot Platforms (RIOT) shares surged almost 13% Friday following news that chipmaker Advanced Micro Devices will lease data center space at Riot’s Rockdale, Texas facility. The stock climbed 12.8% to $18.69 in afternoon trading, peaking at $18.89, on volume exceeding 35 million shares. The deal gives Riot a flagship tenant…
16 January 2026
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Quantum Computing (QUBT) stock jumps on Rosenblatt Buy call as traders eye Luminar deal clock

Quantum Computing (QUBT) stock jumps on Rosenblatt Buy call as traders eye Luminar deal clock

New York, Jan 16, 2026, 12:49 (EST) — Regular session Quantum Computing Inc (QUBT.O) shares climbed roughly 5.6% on Friday, pushing the price up to $12.86 and flirting with an intraday peak of $13.18. Trading volume hit around 12.5 million shares by midday. This shift highlights just how fast momentum can swing back to small, headline-grabbing quantum stocks, where research…
16 January 2026
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Navitas Semiconductor stock jumps with chip sector as AI data-center power trade stays in play

Navitas Semiconductor stock jumps with chip sector as AI data-center power trade stays in play

New York, Jan 16, 2026, 12:35 EST — Regular session Navitas Semiconductor shares climbed 8.6% to $10.86 on Friday, pushing higher after a turbulent January for the small-cap power-chip specialist. The stock touched an intraday peak at $11.05, with roughly 17.1 million shares traded by midday as investors showed renewed appetite for riskier semiconductor bets. This matters because Navitas now…
16 January 2026
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Lumentum stock slides nearly 4% as Barclays lifts target and Photonics West nears

Lumentum stock slides nearly 4% as Barclays lifts target and Photonics West nears

New York, Jan 16, 2026, 12:50 PM ET — Regular session Lumentum Holdings Inc. (LITE) shares dropped 3.9% to close at $329.92 on Friday, starting the day at $350. The stock fluctuated between $324.11 and $354.00, with roughly 2.2 million shares changing hands. The recent drop puts a San Jose photonics supplier back in focus. It provides optical components for…
16 January 2026
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IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

New York, Jan 16, 2026, 12:22 EST — Regular session IREN Limited shares climbed 10.6% to $57.40 by 12:22 p.m. EST on Friday, after trading as high as $57.95. The stock opened at $52.25 and was last trading with about 28.8 million shares changing hands. The move matters because IREN is increasingly being traded as an AI infrastructure play, not…
16 January 2026
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KLA stock rises again after TSMC’s spending outlook jolts chip-tool names

KLA stock rises again after TSMC’s spending outlook jolts chip-tool names

New York, January 16, 2026, 12:14 ET — Regular session KLA Corp shares gained on Friday, rising around 1.6% to $1,569.45 after hitting $1,591.49 earlier. The stock is extending a strong rally from Thursday, now up about $24.49 since the previous close. Investors are zeroing in on Taiwan Semiconductor Manufacturing Co’s latest figures as a key gauge for 2026 equipment…
16 January 2026
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Intel stock slips from $50 high as Citi turns neutral and earnings near

Intel stock slips from $50 high as Citi turns neutral and earnings near

New York, Jan 16, 2026, 10:38 EST — Regular session Intel (INTC.O) shares slipped roughly 0.6% to $48.05 on Friday morning, pulling back from an earlier high of $50.15. The stock has jumped roughly 31% so far in 2026, with a slew of new analyst upgrades arriving just before Intel’s quarterly results. On Thursday, Citi raised Intel from sell to…
16 January 2026
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AST SpaceMobile stock jumps on SHIELD contract slot, puts “Golden Dome” bids in focus

AST SpaceMobile stock jumps on SHIELD contract slot, puts “Golden Dome” bids in focus

New York, January 16, 2026, 10:33 EST — Regular session AST SpaceMobile shares surged $16.20, or roughly 16%, to $117.45 Friday morning after the company announced it secured a prime contract role in the Missile Defense Agency’s SHIELD program. “Being selected as a prime contract awardee for the MDA’s SHIELD program is a major validation of our unique, on-orbit, dual-use…
16 January 2026
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Nvidia CEO Jensen Huang shuts down “God AI” hype — and says AI will still “eat software”

Nvidia CEO Jensen Huang shuts down “God AI” hype — and says AI will still “eat software”

SAN FRANCISCO, Jan 16, 2026, 06:41 PST Nvidia chief executive Jensen Huang said the tech world is nowhere close to creating a so-called “god AI” — shorthand for a single, all-knowing system that can fully “understand” everything from human language to biology and physics. “I don’t see any researchers having any reasonable ability to create god AI… That god AI…
16 January 2026
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Meta stock price climbs as Louisiana data-center probe and Wikipedia AI deal sharpen cost focus

Meta stock price climbs as Louisiana data-center probe and Wikipedia AI deal sharpen cost focus

New York, Jan 16, 2026, 09:52 (EST) — Regular session Meta Platforms shares climbed roughly 0.7% to $625.36 in early Friday trading, following a stronger tech sector. Investors digested new developments on the company’s AI expansion and the related expenses. The company announced it will release its fourth-quarter and full-year 2025 results after markets close on Jan. 28, marking the…
16 January 2026
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Grab stock jumps before Nasdaq open as Indonesia weighs halving ride-hailing commissions

Grab stock jumps before Nasdaq open as Indonesia weighs halving ride-hailing commissions

Singapore, Jan 16, 2026, 22:05 SGT — Premarket Grab Holdings Limited shares rose 3.4% to $4.54 in premarket trade on Friday, valuing the Nasdaq-listed Southeast Asia ride-hailing and delivery firm at about $18 billion, after the stock closed at $4.39. (Google) The early move comes as investors digest a Reuters report that Indonesia’s president is considering a draft decree that…
16 January 2026
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AI stocks pop before the bell as TSMC lifts Nvidia, AMD and chip peers

AI stocks pop before the bell as TSMC lifts Nvidia, AMD and chip peers

New York, Jan 16, 2026, 06:29 ET — Premarket AI chip stocks pushed higher in premarket Friday, boosted by names connected to data-center investment. Nvidia climbed 2.1% to $187.05, AMD picked up 1.9% to $227.92, and Taiwan Semiconductor Manufacturing Co’s U.S.-listed shares surged 4.5% to $341.64. ASML advanced 5.4%, while Broadcom edged up roughly 0.9%. This matters because investors have…
16 January 2026
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Stock Market Today

  • EV1.AX up 33.33% pre-market on volume surge; Evolution Energy Minerals eyes Tanzania graphite project
    January 23, 2026, 2:40 PM EST. EV1.AX shares jumped 33.33% pre-market to A$0.02 on Jan 24, 2026, driven by heavy trading volume of over 5.18 million shares versus a 540,595 average. Evolution Energy Minerals, a micro-cap ASX-listed explorer focused on the Chilalo graphite project in Tanzania, shows strong short-term buying interest amid thin liquidity. The stock's market cap sits at A$6.63 million, with negative earnings per share reflecting its exploration stage. Technical indicators suggest momentum but limited historical support. Sector peers report mixed performance amid graphite demand, while company risks include funding needs and project execution challenges. An AI-based rating suggests a C+ (HOLD). Key catalysts include funding updates and drilling results, with scenario price targets ranging from A$0.01 to A$0.08.
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