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Technology News News 5 February 2026 - 6 February 2026

Seagate stock price falls again after record high as AI spending worries hit STX

Seagate stock price falls again after record high as AI spending worries hit STX

Seagate shares closed down 3.3% at $405.45 Thursday, holding steady after hours, as trading volume jumped to 5.6 million. The stock is now nearly 12% below its Feb. 3 high, extending a two-day slide amid a broader tech selloff that pushed the Nasdaq to its lowest since November. Western Digital dropped 3.4% and NetApp slipped 0.9%. Amazon plunged 10% after hours.
CrowdStrike stock sinks on insider sale plan as ‘software-mageddon’ rout bites CRWD

CrowdStrike stock sinks on insider sale plan as ‘software-mageddon’ rout bites CRWD

CrowdStrike shares fell 9.2% to $377.16 in after-hours trading Thursday after a Form 144 filing signaled a possible sale of 252,538 shares via J.P. Morgan. The drop followed a broader selloff in U.S. software stocks amid renewed concerns over AI disruption. The filing showed the PK Giving Trust may sell shares valued at about $104.9 million. CrowdStrike also announced a memorandum of understanding with Saudi Aramco.
Western Digital stock price falls after-hours as CEO share sale filing hits focus

Western Digital stock price falls after-hours as CEO share sale filing hits focus

Western Digital shares fell 3.4% to $260.19 in after-hours trading Thursday, following a $4 billion share buyback authorization and CEO Irving Tan’s sale of 20,000 shares. The company outlined plans for a 40-terabyte hard drive and future HAMR technology at its Innovation Day. Seagate and NetApp also declined. Citi raised its price target on Western Digital to $335.
ServiceNow (NOW) stock price slides again as ‘software-mageddon’ deepens — what’s next

ServiceNow (NOW) stock price slides again as ‘software-mageddon’ deepens — what’s next

ServiceNow shares fell 7.6% to $102.63 in after-hours trading Thursday as U.S. software stocks extended losses, with the S&P 500 software and services index down 4.6%. The index has lost about $1 trillion in market value since Jan. 28 amid concerns over AI disruption and spending cuts. Traders await the delayed U.S. jobs report on Feb. 11 and CPI data on Feb. 13.
AppLovin stock price slips after hours as CloudX launch and Wedbush target cut put Feb. 11 earnings in play

AppLovin stock price slips after hours as CloudX launch and Wedbush target cut put Feb. 11 earnings in play

AppLovin shares fell 3.1% to $375.23 in after-hours trading Thursday, following a 16.1% drop the previous day. Wedbush cut its price target to $465 from $800, citing valuation reset and industry headwinds. Investors await Feb. 11 results as new AI-driven rivals like CloudX enter the market. Broader software stocks also slid amid concerns over AI spending and business model risks.
Qualcomm stock price slides after-hours on weak outlook as memory crunch squeezes phones

Qualcomm stock price slides after-hours on weak outlook as memory crunch squeezes phones

Qualcomm shares fell 8.4% to $136.30 in after-hours trading Thursday after the company warned of ongoing memory supply shortages affecting handset demand. Executives projected fiscal Q2 revenue of $10.2–$11.0 billion and non-GAAP EPS of $2.45–$2.65, below some analyst estimates. CEO Cristiano Amon said the shortage could persist into 2027.
Salesforce stock sinks as ‘software-mageddon’ bites again — what to watch before earnings

Salesforce stock sinks as ‘software-mageddon’ bites again — what to watch before earnings

Salesforce shares fell 4.8% Thursday, closing at $189.97, as software stocks slumped on fears AI could disrupt subscription models. The S&P 500 software and services index lost 4.6%. Salesforce and Amazon together cut about 117 points from the Dow, which dropped over 500 points. Investors now await Salesforce’s February 25 earnings report.
Apple stock price slips after hours as EU gives Maps, Ads a DMA pass and AI spending jitters spread

Apple stock price slips after hours as EU gives Maps, Ads a DMA pass and AI spending jitters spread

Apple shares fell 0.2% to $275.93 in after-hours trading after the EU declined to label its Maps and Ads services as “gatekeepers.” Tech stocks dropped broadly, with the Nasdaq down 1.57%, as Amazon and Alphabet announced massive increases in AI-related capital spending. Investors are watching for the U.S. jobs report on Feb. 11 and Apple’s shareholder meeting on Feb. 24.
Micron stock steadies after near 10% drop as AI-spending jitters hit chip trade

Micron stock steadies after near 10% drop as AI-spending jitters hit chip trade

Micron shares rose 0.7% to $381.91 in late Thursday trading, rebounding after a 9.5% drop the previous day. EVP Sumit Sadana sold 25,000 shares on Feb. 2 at prices between $429 and $432, according to a recent filing. Chip stocks have swung sharply as investors reassess AI-driven valuations and sector spending. About 35.5 million Micron shares traded hands Thursday.
Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon said it plans about $200 billion in capital spending by 2026, focusing on AI. Shares fell nearly 8% in after-hours trading after first-quarter profit guidance missed Wall Street estimates. Fourth-quarter sales rose 14% to $213.4 billion, with AWS revenue up 24%. Free cash flow dropped to $11.2 billion due to increased investment.
GOOG stock whipsaws after Alphabet flags up to $185 billion in AI capex

GOOG stock whipsaws after Alphabet flags up to $185 billion in AI capex

Alphabet Class C shares fell 0.8% to $330.53 in after-hours trading Thursday after the company announced plans to nearly double capital spending to as much as $185 billion in 2026, focusing on data centers and AI. Revenue for the December quarter rose 18% to $113.8 billion, with Google Cloud up 48%. CEO Sundar Pichai cited AI as key to growth. The company declared a $0.21 dividend, payable March 16.
Palantir stock price slides 7% as AI disruption fears keep pounding software shares

Palantir stock price slides 7% as AI disruption fears keep pounding software shares

Palantir shares dropped 7.3% to $129.30 by mid-afternoon Thursday, extending a sharp two-day slide after an earnings-driven surge earlier in the week. The stock’s reversal comes as investors question high software valuations and worry about Big Tech’s AI spending. Director Alexander D. Moore sold 20,000 shares on Feb. 2, according to an SEC filing.

Stock Market Today

Ashtead share price in focus as buyback rolls on and NYSE switch clocks closer

Ashtead share price in focus as buyback rolls on and NYSE switch clocks closer

7 February 2026
Ashtead shares closed Friday at 4,936p, up 1.09%, after the company bought 88,872 shares under its repurchase program. The group is set to shift its primary listing to New York on March 2, pending court approval, and will be removed from the FTSE UK index the same day. Ashtead paid a half-year dividend of 37.5 U.S. cents per share on Friday.
Beazley share price: big funds reshuffle stakes as Zurich bid deadline nears

Beazley share price: big funds reshuffle stakes as Zurich bid deadline nears

7 February 2026
Beazley shares closed flat at 1,236 pence Friday as BlackRock disclosed a 6.55% stake and Vanguard reported 5.02%. Wellington Management cut its holding below 5%. The disclosures follow Zurich Insurance’s possible takeover offer of up to 1,335 pence per share, with a Feb. 16 deadline for a firm bid.
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