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Technology Trends 29 January 2026 - 22 April 2026

GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova raised its 2026 revenue forecast to $44.5–$45.5 billion after first-quarter orders surged to $18.3 billion, driven by data center demand. Revenue climbed 16% to $9.34 billion, while net income hit $4.75 billion, boosted by $4.5 billion in M&A gains. The electrification unit booked $2.4 billion in data center orders, surpassing last year’s total. Wind unit revenue dropped 23%, posting a $382 million EBITDA loss.
Class of 2026 Faces AI Job Squeeze as ServiceNow and BlackRock CEOs Warn on Entry-Level Work

Class of 2026 Faces AI Job Squeeze as ServiceNow and BlackRock CEOs Warn on Entry-Level Work

ServiceNow CEO Bill McDermott warned graduate unemployment could hit the “mid-30s” within years as AI replaces entry-level office jobs. BlackRock’s Larry Fink said the class of 2026 may face the toughest job market in years. Recent college graduate unemployment reached 5.7% in late 2025, with underemployment at 42.5%, the highest since 2020, according to the New York Fed.
Plug Power Stock Price Today: PLUG Slips After Rally as Data-Center Power Push Faces a Fresh Test

Plug Power Stock Price Today: PLUG Slips After Rally as Data-Center Power Push Faces a Fresh Test

Plug Power shares fell 0.9% to $2.20 Thursday after a report said the company may sell up to 250 megawatts of electricity into the PJM power market. The stock had surged 5.2% Wednesday. Plug reported 2025 revenue up 12.9% to $710 million and ended the year with $368.5 million in cash. Jefferies cut its price target to $1.80, citing uncertainty over Plug’s profitability goals.
Tesla Faces Fresh Robotaxi Pressure as Zoox Expands and Safety Scrutiny Builds

Tesla Faces Fresh Robotaxi Pressure as Zoox Expands and Safety Scrutiny Builds

Amazon’s Zoox will expand robotaxi testing to Dallas and Phoenix, challenging Tesla’s lead in Austin. U.S. auto-safety officials open a national forum Tuesday on regulating driverless vehicles. Tesla began driverless rides in Austin in January but has not tested autonomous vehicles in California for six years. Waymo currently provides about 400,000 weekly rides and has logged 200 million driverless miles.
Plug Power eyes AI data-center boom with 250-MW PJM hydrogen bid

Plug Power eyes AI data-center boom with 250-MW PJM hydrogen bid

Plug Power plans to offer up to 250 megawatts of hydrogen-generated electricity in a potential PJM Interconnection auction, aiming to supply surging data-center demand. The company reported a 2025 net loss of about $1.7 billion and is relying on asset sales and financing to address liquidity needs. Plug shares rose 0.2% midday Monday. Jose Luis Crespo became CEO on March 2.
Salesforce taps Formula 1 for new AI fan agent as investors demand proof on Agentforce

Salesforce taps Formula 1 for new AI fan agent as investors demand proof on Agentforce

Salesforce and Formula 1 launched an AI-powered fan companion on F1.com to answer questions about the sport’s 2026 technical rules. Salesforce shares fell 1.5% to $193.08 in late trading after the announcement. The new tool will expand across Formula 1’s digital platforms and builds on the companies’ partnership since 2022.
Krafton’s next bet after PUBG: humanoid robots, AI — and a 1 trillion won return plan

Krafton’s next bet after PUBG: humanoid robots, AI — and a 1 trillion won return plan

Krafton posted record 2025 revenue of 3.33 trillion won, up 22.8%, but net profit dropped 43.7% to 733.7 billion won. The PUBG maker announced its first cash dividend and a three-year, 1 trillion won shareholder return plan. Krafton is exploring “physical AI” for possible use in humanoid robotics, using in-game data as training material. The company is developing 15 new games and upgrading PUBG to Unreal Engine 5.
Kyndryl’s ‘policy-as-code’ guardrails target runaway AI agents as governance lags

Kyndryl’s ‘policy-as-code’ guardrails target runaway AI agents as governance lags

Kyndryl on Wednesday launched “policy-as-code” controls to enforce business rules on autonomous AI agents in regulated sectors. The company said its system blocks unauthorized actions and logs agent activity for compliance. PYMNTS and CIO.com highlighted rising concerns over accountability and called for stricter management as AI agents take on decision-making roles.
Chinese AI stocks jump as Zhipu hikes prices after GLM-5 launch, MiniMax rolls out new model

Chinese AI stocks jump as Zhipu hikes prices after GLM-5 launch, MiniMax rolls out new model

Zhipu raised prices for its GLM coding subscription plan by at least 30%, effective immediately, after launching its open-source GLM-5 model. The company said the increase does not affect existing subscribers. Premier Li Qiang urged wider commercial AI adoption and better coordination of power and computing resources. Zhipu’s Hong Kong-listed shares jumped 30% after the GLM-5 launch.
KLA stock price dips: KLAC slips as investors size up India R&D hub push and chip-tool outlook

KLA stock price dips: KLAC slips as investors size up India R&D hub push and chip-tool outlook

KLA Corp shares fell 0.6% to $1,431 in late-morning New York trading Tuesday, trailing the semiconductor ETF. The company announced a new R&D and innovation hub in Chennai, India, to support AI and engineering. Investors are watching for peer earnings later this week and KLA’s dividend timetable, with a $1.90-per-share payout set for March 3.
Goldman Sachs stock jumps after Anthropic AI “agents” plan as traders size up a big week

Goldman Sachs stock jumps after Anthropic AI “agents” plan as traders size up a big week

Goldman Sachs shares rose 4.3% to $928.75 Friday as U.S. stocks rallied, with the Dow closing above 50,000 for the first time. Goldman confirmed it is working with AI startup Anthropic on internal automation tools, aiming to launch them soon. The bank also helped lead Once Upon a Farm’s $198 million IPO and issued $25.75 million in structured notes. Treasury Secretary Scott Bessent said the Fed may wait up to a year before shrinking its balance sheet.
Goldman Sachs stock jumps on Anthropic AI push — what to watch before Monday

Goldman Sachs stock jumps on Anthropic AI push — what to watch before Monday

Goldman Sachs shares jumped 4.3% to $928.75 Friday after confirming it is working with AI startup Anthropic on internal “AI agents.” The stock’s rally helped lift the Dow above 50,000 for the first time. Delayed U.S. jobs and inflation data are due midweek and could affect rate expectations. Goldman also filed for new structured notes tied to the Russell 2000 and S&P 500.
Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

Applied Digital Corporation shares jumped 25.52% Friday to $34.95, then slipped to $34.60 after hours. The company reported fiscal Q2 revenue up 250% to $126.6 million and signed leases for 600 MW of data center capacity in North Dakota. Applied Digital broke ground on a new 430‑MW campus in the southern U.S. in January. Financing includes a $100 million promissory note with 8% interest, paid in kind.
Alphabet stock (GOOGL) slides as Google’s AI capex bill grows — what Wall Street watches next

Alphabet stock (GOOGL) slides as Google’s AI capex bill grows — what Wall Street watches next

Alphabet shares fell 2.4% Thursday, closing at $324.95 after the company announced 2026 capital spending of up to $185 billion, nearly double its 2025 budget. The stock earlier dropped as much as 8%. Alphabet reported Q4 revenue of $113.8 billion and net income of $34.5 billion. Investors are watching for Amazon’s earnings after the bell.
Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit shares plunged 10.9% to $434.09 in after-hours trading Tuesday, after falling 11% during the session. The S&P 500 software and services index dropped 3.8%, with Salesforce, Datadog, Adobe, Synopsys, and Atlassian also down sharply. The Nasdaq Composite lost 1.4%. Analysts cited aggressive repricing of software stocks as AI offerings from Anthropic raised concerns over future growth and competition.
China Resources Microelectronics (688396) stock slides as filing flags 2026 price rises, SiC push

China Resources Microelectronics (688396) stock slides as filing flags 2026 price rises, SiC push

China Resources Microelectronics’ Class A shares fell 3.6% to 61.50 yuan in Shanghai by 0953 GMT+8, underperforming the SSE Composite Index, which slipped 0.7%. Rival chipmakers Montage Technology and GigaDevice Semiconductor gained 2% and 7%. Investors await the company’s April 25 earnings report for evidence that recent price hikes and product upgrades are improving margins.
Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy shares surged nearly 20% Thursday after the company reported fourth-quarter revenue of $1.0 billion and net income of $14 million, beating analyst expectations. Liberty raised its quarterly dividend by 13% to 9 cents a share and announced plans to deploy 3 GW of power projects by 2029. The company’s results contrasted with sector peers, who saw smaller gains.

Stock Market Today

  • ITC Limited Ex-Dividend Date Nears Ahead of ₹8 Dividend Payout
    May 23, 2026, 10:39 PM EDT. ITC Limited (NSE:ITC) will trade ex-dividend on May 27, with an upcoming dividend of ₹8.00 per share payable on July 29. Last year, ITC paid a total dividend of ₹14.50, representing a trailing yield of about 4.8% based on the current share price of ₹301.70. The company paid out 88% of its earnings as dividends, which is high but not unusual, although it suggests limited reinvestment capacity. More concerning is that ITC's free cash flow coverage of dividends was only 88%, indicating the company paid out more cash than it generated last year. This raises sustainability questions and potential risks if earnings decline. Investors are advised to consider these factors before purchasing shares for dividend income.

Latest articles

Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Stock Moves in Holiday Week Trading

24 May 2026
Exxon Mobil shares closed at $154.92 Friday, down 0.24% on the day and 1.9% for the week, ahead of the Memorial Day market closure. The stock retreated from a midweek high as investors weighed possible Venezuela oil deals and volatile crude prices. Exxon’s annual meeting is set for Wednesday, with a shareholder vote on moving its legal home to Texas. Brent crude settled at $103.54 a barrel, posting a weekly loss.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi Moves Back Into Focus After Unnoticed Deal

24 May 2026
SoFi closed Friday at $15.62, down 3 cents for the day and nearly flat for the week. Trade publications reported SoFi acquired Peach Finance, a California lending software startup; terms were not disclosed. U.S. stock trading will resume Tuesday after Memorial Day.
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