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Technology News 4 February 2026

Accenture stock price today: ACN steadies after rout as AI disruption trade bites

Accenture stock price today: ACN steadies after rout as AI disruption trade bites

Accenture shares rose 0.2% to $241.67 Wednesday after plunging 9.6% the previous day amid a broad tech selloff tied to AI disruption fears and a weak Gartner outlook. CEO Julie Sweet sold 10,696 shares at $262.22 each, according to a Form 4 filing. Investors are watching Accenture’s March 19 results for signs of stability in bookings and client demand.
4 February 2026
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AMD stock price slides nearly 17% as AI-chip outlook disappoints; Nvidia and Super Micro in focus

AMD stock price slides nearly 17% as AI-chip outlook disappoints; Nvidia and Super Micro in focus

AMD shares fell nearly 17% after forecasting a sequential revenue decline for the first quarter, despite posting record fourth-quarter sales. Super Micro Computer jumped almost 9% after raising its full-year outlook on strong AI server demand. Nvidia slipped about 4%. Traders are watching Nvidia’s Feb. 25 earnings and a delayed U.S. data release for further direction.
4 February 2026
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Dow Jones slips while Nasdaq slides as tech selloff bites again

Dow Jones slips while Nasdaq slides as tech selloff bites again

The Dow Jones fell 47.77 points, or 0.1%, to 49,193.22 by 1:37 p.m. EST Wednesday, as tech stocks dragged the Nasdaq down 2.17%. Investors weighed weaker private payrolls data and steady services activity ahead of Alphabet’s earnings after the bell. Super Micro Computer raised its revenue outlook, while AMD’s forecast added to AI hardware jitters.
4 February 2026
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Coinbase stock slides nearly 8% as Nevada targets its prediction-market contracts

Coinbase stock slides nearly 8% as Nevada targets its prediction-market contracts

Coinbase shares fell 7.9% to $165.42 after Nevada’s gaming regulator filed a civil enforcement action to block the sale of certain event contracts, alleging unlicensed wagering. Bitcoin dropped 2.7% and ether 4.1%, adding pressure to crypto-linked stocks. Traders are watching for court decisions and Coinbase’s Feb. 12 earnings report.
4 February 2026
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Grab stock slides as Hesai lidar deal lands; what to watch for GRAB ahead of earnings

Grab stock slides as Hesai lidar deal lands; what to watch for GRAB ahead of earnings

Grab Holdings shares fell 2.3% to $4.17 by early afternoon Wednesday, extending recent losses despite being named exclusive Southeast Asia distributor for Hesai’s lidar sensors. Investors showed little reaction to the deal, focusing instead on Grab’s upcoming February 11 earnings and continued weakness in tech stocks. Hesai shares rose 0.4%. Financial terms of the partnership were not disclosed.
4 February 2026
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Cisco stock slips as Olympics networking win meets earnings countdown

Cisco stock slips as Olympics networking win meets earnings countdown

Cisco shares fell 1.2% to $82.15 by midday Wednesday as investors assessed new sports-event tech contracts ahead of next week’s earnings. The company confirmed deals to supply AI networking for NBC’s 2026 Olympics coverage and Wi‑Fi 7 routers at Super Bowl LX. Cisco will report Q2 results after markets close Feb. 11. November guidance projected Q2 revenue of $15.0–$15.2 billion.
4 February 2026
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Shopify stock price slides again as AI jitters hit software — what to watch next

Shopify stock price slides again as AI jitters hit software — what to watch next

Shopify shares fell 5.5% to $112.74 by midday Wednesday, extending a tech sell-off that began after an AI chatbot rollout stoked competition fears. Trading volume topped 10 million shares as software stocks slid across North America and Europe. Shopify’s fourth-quarter earnings call is set for Feb. 11. Investors remain focused on guidance amid concerns over AI’s impact on margins and demand.
4 February 2026
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Intuit stock price whipsaws in New York trade as AI disruption fears hit software names

Intuit stock price whipsaws in New York trade as AI disruption fears hit software names

Intuit shares closed up 0.5% at $436.13 after swinging between $411.48 and $447.00 Wednesday, while software stocks broadly fell on concerns over AI competition. Traders cited Anthropic’s new AI plug-ins as fueling fears of faster automation. The S&P 500 software and services index declined, despite the broader S&P 500 hitting a record. Investors await Intuit’s Feb. 26 earnings for signs of shifting demand and pricing power.
4 February 2026
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Texas Instruments stock price slips as TXN chases $7.5 billion Silicon Labs deal — what to watch next

Texas Instruments stock price slips as TXN chases $7.5 billion Silicon Labs deal — what to watch next

Texas Instruments shares fell 0.9% to $223.18 late morning after announcing a $7.5 billion deal to buy Silicon Labs at a 69% premium. The acquisition, expected to close in 2027, will be financed with debt and includes termination fees of $259 million for Silicon Labs and $499 million for Texas Instruments. Silicon Labs shares jumped 51% in premarket trading. Investors weighed the high price and execution risks.
4 February 2026
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Salesforce (CRM) stock steadies after AI selloff jitters — what traders are watching next

Salesforce (CRM) stock steadies after AI selloff jitters — what traders are watching next

Salesforce shares edged up 0.1% to $196.54 Wednesday morning after a 7% drop the previous day, as software stocks faced heavy selling on AI disruption fears. Trading volume reached 11.1 million shares, with the stock swinging between $187.29 and $199.64. Investors are watching for Salesforce’s earnings and guidance for signs of demand and AI strategy.
4 February 2026
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Qualcomm earnings day: Cantor trims QCOM target to $160 as handset worries return

Qualcomm earnings day: Cantor trims QCOM target to $160 as handset worries return

Cantor Fitzgerald and Mizuho both cut their Qualcomm price targets to $160, citing weaker handset demand and competition from MediaTek. Qualcomm shares rose 2.9% to $151.41 Tuesday but are down nearly 12% over the past month. The company reports earnings Wednesday after the bell, with Wall Street expecting $12.13 billion in revenue and $3.39 EPS for the December quarter.
4 February 2026
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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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