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Technology News News 6 January 2026

Roblox stock drops as outage reports, insider sale and TD Cowen cut put engagement in focus

Roblox stock drops as outage reports, insider sale and TD Cowen cut put engagement in focus

New York, Jan 6, 2026, 15:51 EST — Regular session Roblox Corp shares fell about 5.6% to $76.47 in afternoon trading on Tuesday, sliding as low as $75 after a mix of outage reports, insider selling disclosures and a bearish broker note kept the focus on user engagement heading into the next results. The pullback matters now because Roblox’s valuation hinges on sustained time spent on its platform and the pace at which it turns that attention into bookings and advertising revenue. Any sign that engagement is cooling into the new year can quickly reset expectations for the quarter. TD
Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

New York, Jan 6, 2026, 15:15 EST — Regular session Johnson Controls International (JCI) fell 5.5% to $114.79 in afternoon trading on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s next-generation Vera Rubin platform could sharply reduce cooling needs in data centers and that “no water chillers are necessary for data centres.” The stock has traded between $108.41 and $120.39, and other heating, ventilation and air-conditioning (HVAC) names also weakened. Barclays analysts led by Julian Mitchell said investors “should not take their comments lightly” and estimated data centers account for a low-double-digit share of Johnson Controls’ sales. Reuters The
Modine (MOD) stock falls as Nvidia Rubin cooling remarks rattle data-center suppliers

Modine (MOD) stock falls as Nvidia Rubin cooling remarks rattle data-center suppliers

New York, January 6, 2026, 14:46 ET — Regular session Modine Manufacturing shares fell 7.0% to $130.57 on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s Rubin platform can run without water chillers, sparking a selloff in data-center cooling suppliers. The stock, which closed at $140.44 on Monday, earlier slid as much as 21% to $111.21. Nasdaq The move matters because Modine has become a high-beta bet on rising spending to cool AI-heavy data centers. The Racine, Wisconsin-based company supplies engineered thermal management and cooling solutions for data centers and other markets, according to its Reuters company profile. Reuters
Microchip stock jumps nearly 10% after chipmaker lifts sales outlook on strong orders

Microchip stock jumps nearly 10% after chipmaker lifts sales outlook on strong orders

New York, January 6, 2026, 13:34 ET — Regular session Microchip Technology (MCHP.O) shares climbed nearly 10% on Tuesday after the chipmaker lifted its fiscal third-quarter sales forecast, extending gains sparked by the update a day earlier. The stock was up 10.0% at $73.75 in early afternoon trading, after a 5.6% rise in after-hours trading on Monday. Reuters The pre-announcement is an early check on demand for embedded chips used in everything from factory gear to cars, where investors have tracked an “inventory correction” — customers working down excess stock instead of placing new orders. That matters because order momentum
Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

New York, Jan 6, 2026, 12:56 EST — Regular session Uber Technologies’ shares rose about 5% to $84.93 in midday trading on Tuesday after it and partners Lucid Group and Nuro unveiled a production-intent robotaxi at the CES tech show in Las Vegas. The vehicle uses Nuro’s Level 4 system — meaning it can drive itself in limited areas without a human — and runs on Nvidia’s DRIVE AGX Thor computer, the companies said. Uber, which sold its self-driving unit to Aurora Innovation in 2020, said testing began in December ahead of a planned launch in the San Francisco Bay
Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

New York, January 6, 2026, 12:35 EST Sandisk shares jumped 23.4% to $338.26 in midday trade on Tuesday, leading a renewed run in storage and memory stocks linked to AI data-center spending. Micron rose 6.4%, Western Digital gained 15.3% and Seagate added 12.3%. Sandisk was on track for its biggest one-day rise in nearly a year. MarketWatch Traders pointed to Nvidia’s message at CES that serving AI models is reshaping what data centers need to keep close at hand. Nvidia said its new Inference Context Memory Storage Platform is designed to store and share the “key-value” cache — the running
IREN stock drops 7% after Monday surge as bitcoin slips; CES chip news in focus

IREN stock drops 7% after Monday surge as bitcoin slips; CES chip news in focus

New York, January 6, 2026, 12:09 EST — Regular session Shares of IREN Ltd fell about 7% in midday Nasdaq trading on Tuesday, pulling back from a sharp prior-session rally as bitcoin eased. The stock was down 7.2% at $44.75, while bitcoin traded around $92,676 and peers Marathon Digital, Riot Platforms and CleanSpark slipped 2% to 5%. The decline comes a day after IREN jumped 13% to close at $48.24 on roughly 46 million shares, highlighting the stock’s outsized swings early in 2026. For investors, the move matters because IREN sits between two fast-moving themes — crypto-linked mining and AI
Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

NEW YORK, January 6, 2026, 11:34 (ET) — Regular session Sandisk Corp shares jumped more than 22% on Tuesday. The Nasdaq-listed stock was up 22.1% at $334.75 by 11:05 a.m. ET, after touching $343 and trading about 12.9 million shares, StockAnalysis.com data showed. StockAnalysis The rally puts Sandisk back in the spotlight as investors chase memory-linked names on expectations that tight supply will push up prices for chips and storage drives this quarter. TrendForce forecast conventional DRAM — the working-memory chips used in servers and PCs — contract prices to rise 55%–60% in the first quarter, and said NAND flash
Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

New York, Jan 6, 2026, 11:43 EST — Regular session Shares of Lam Research rose about 6.9% to $208.15 on Tuesday after Aletheia Capital analyst Warren Lau began coverage with a buy rating and a $260 price target, saying new products could “further propel” the stock. The shares touched an intraday high of $208.55. StreetInsider.com The move matters because chip-equipment stocks are back in focus early in 2026 as investors bet the build-out of artificial intelligence (AI) data centers will keep capital spending on chip factories elevated. Lam makes etch and deposition tools — equipment used to carve and stack
Intel stock slips as CES Panther Lake chips and fresh “buy” call put 18A turnaround in spotlight

Intel stock slips as CES Panther Lake chips and fresh “buy” call put 18A turnaround in spotlight

New York, January 6, 2026, 10:55 EST — Regular session Intel (INTC.O) shares were down about 0.1% at $39.32 in morning trade on Tuesday, after swinging between $38.99 and $39.93. The stock has hovered around the $40 mark as traders assess whether Intel’s next manufacturing step can translate into steadier execution. Intel on Monday launched Panther Lake, its new laptop chip line branded Core Ultra Series 3, at the CES trade show in Las Vegas, debuting its 18A manufacturing process — a milestone investors are watching as the chipmaker tries to rebuild its in-house production edge. CEO Lip-Bu Tan said
Alphabet (Google) Class C stock (GOOG) slips as Texas privacy fee award and CES put Waymo in focus

Alphabet (Google) Class C stock (GOOG) slips as Texas privacy fee award and CES put Waymo in focus

New York, January 6, 2026, 10:39 (ET) — Regular session Key points: Alphabet’s non-voting Class C shares (GOOG) slipped 0.7% on Tuesday to $315.13, lagging a firmer tech tape in early U.S. trading. The drift matters now because CES opens in Las Vegas with investors looking for clearer proof that Big Tech’s artificial intelligence spend is translating into products that can scale. “This year you will see more and more focus on AI and autonomous,” said C.J. Finn, PwC’s U.S. automotive industry leader, as the show leans into driverless systems and software. Reuters Alphabet is also back under a legal
AMD stock slips after CES AI chip push puts OpenAI deal back in focus

AMD stock slips after CES AI chip push puts OpenAI deal back in focus

New York, Jan 6, 2026, 10:03 EST — Regular session Shares of Advanced Micro Devices fell about 1.3% to $218.11 in early trading on Tuesday, even after the chipmaker used the CES tech show in Las Vegas to spotlight new artificial-intelligence processors aimed at data centers and corporate customers. Nvidia’s stock rose about 1.6%. The mixed reaction underscores what investors want next: proof that AMD can turn product road maps and marquee customers into sustained sales growth, at a time when markets are also bracing for a data-heavy week of U.S. labor reports that can sway interest-rate bets and high-growth
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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