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Technology 29 December 2025

Dow slides as tech gives back gains into year-end, Fed minutes ahead

Dow slides as tech gives back gains into year-end, Fed minutes ahead

The Dow fell 0.4% to 48,506.58 by early afternoon Monday, pressured by declines in Nvidia and major banks. Energy stocks rose as oil gained, while materials lagged after gold and silver dropped. The S&P 500 slipped 0.4%, Nasdaq 0.6%. Traders await Fed minutes Tuesday and jobless claims later this week.
Lumentum stock tumbles as year-end tech pullback hits AI optics names

Lumentum stock tumbles as year-end tech pullback hits AI optics names

Lumentum Holdings shares fell 4.1% to $374.87 by midday Monday, outpacing declines in tech benchmarks and optical peers. The stock swung between $390 and $364.50, retreating from last week’s 52-week high. Coherent and Ciena also dropped, but by less than Lumentum. Investors trimmed exposure to AI-linked names ahead of the New Year, with trading volumes thin and markets watching Fed minutes and jobless claims.
GE Vernova stock slips as jet-engine turbine demand for AI data centers stays in focus

GE Vernova stock slips as jet-engine turbine demand for AI data centers stays in focus

GE Vernova shares slipped 0.2% to $662.11 midday Monday, outperforming a broader decline in industrials. A Financial Times report said data centers are buying aircraft-derived gas turbines from GE Vernova to speed up power access, with orders up about a third this year. Investors await the company’s next earnings update, expected Jan. 28. The stock traded between $651.77 and $670.99.
AI stocks today: Nvidia slips after Intel stake filing as chip rally pauses

AI stocks today: Nvidia slips after Intel stake filing as chip rally pauses

Nvidia fell nearly 2% after Intel disclosed Nvidia completed a $5 billion purchase of Intel shares in a private placement. Intel rose about 0.7%. Semiconductor and Nasdaq-100 ETFs edged lower in thin holiday trading. U.S. markets will close Thursday for New Year’s Day, with traders watching Fed minutes and jobless claims later this week.
Palantir slips as Karp’s paid “college alternative” hits headlines in weak year-end trade

Palantir slips as Karp’s paid “college alternative” hits headlines in weak year-end trade

Palantir shares fell 0.9% to $187.10 early Monday as tech stocks slipped in thin holiday trading. The company drew attention after reports it paid 22 high school graduates $5,400 a month to skip college under its new “Meritocracy Fellowship.” Investors are watching upcoming Fed minutes and jobless claims for rate signals. Palantir’s stock remains up about 150% for the year.
29 December 2025
Broadcom stock falls at the open as year-end rally cools and AI margin worries linger

Broadcom stock falls at the open as year-end rally cools and AI margin worries linger

Broadcom shares fell 1.4% to $347.37 in early New York trading Monday, underperforming the tech sector as Wall Street opened lower. The Nasdaq dropped about 0.8% at the bell. Nvidia shares slipped after a filing revealed a $5 billion stake in Intel. Broadcom’s recent outlook showed strong revenue guidance but warned of lower profit margins as AI sales grow.
29 December 2025
Micron stock slips on ex-dividend day as chip rally cools into year-end

Micron stock slips on ex-dividend day as chip rally cools into year-end

Micron Technology shares fell 0.6% to $284.79 in early trading Monday as the stock began trading ex-dividend. The company’s $0.115 per share dividend is payable Jan. 14 to holders as of Dec. 29. Trading volume was thin ahead of the New Year’s holiday, with broader chip stocks little changed. Investors are watching for Federal Reserve minutes and jobless claims later in the week.
Palantir stock slips in premarket as Karp’s college alternative grabs attention

Palantir stock slips in premarket as Karp’s college alternative grabs attention

Palantir shares slipped 0.9% to $186.95 in premarket trading Monday after closing down 2.8% Friday. The drop follows a report on CEO Alex Karp’s new paid “Meritocracy Fellowship” for high school graduates. Palantir stock remains up about 150% for 2025 but trades at roughly 437 times trailing earnings. Investors await Fed minutes and housing data in a holiday-shortened week.
29 December 2025
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Stock Market Today

  • Stock futures drop after Nasdaq slump amid SpaceX IPO anticipation
    June 7, 2026, 6:27 PM EDT. Stock futures fell Sunday night following a sharp selloff in the Nasdaq last week, driven by geopolitical concerns after Iran reportedly fired missiles at Israel, threatening a fragile ceasefire. Futures linked to the Dow Jones slid 150 points, S&P 500 futures lost 0.4%, and Nasdaq 100 futures dropped 0.6%. The Nasdaq experienced its largest one-day fall since April 2025, down 4.18%. The broader market declined amid worries that rising Treasury yields and persistent inflation could weigh on companies, especially those investing heavily in AI. Investors now focus on inflation data due midweek and the highly anticipated SpaceX IPO on Friday, expected to be one of Wall Street's largest offerings and a significant test of AI-related valuations.

Latest articles

NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

8 June 2026
NIO’s U.S.-listed shares plunged 5.8% Friday, erasing a delivery-led rally, as investors focus on whether June sales can hit the company’s Q2 target after May deliveries rose 62.3% to 37,705. NIO needs 42,939–47,939 June deliveries to meet guidance, with risks from China’s saturated car market and recent price pressure.
HPE Stock Faces AI Rally Test With Monday In Focus

HPE Stock Faces AI Rally Test With Monday In Focus

8 June 2026
Hewlett Packard Enterprise plunged 8.36% Friday to $49.20, capping a three-day slide and erasing gains after a post-earnings surge, even as it raised its fiscal 2026 revenue growth outlook to 29%-33% and boosted non-GAAP EPS guidance, with analysts warning that rapid gains may have priced in too much hope too quickly.
BigBear.ai Heads Into Key Shareholder Meeting After Stock Sheds 17% This Week

BigBear.ai Heads Into Key Shareholder Meeting After Stock Sheds 17% This Week

7 June 2026
BigBear.ai plunged 11.95% Friday and 17% for the week as investors brace for a June 9 shareholder vote on doubling authorized shares to 1 billion, raising dilution risks; the selloff followed a strong U.S. jobs report that hit rate-cut hopes and broader tech stocks, with BigBear.ai’s late-May rally erased despite recent contract wins and affirmed 2026 revenue guidance.
Palantir Falls Even With AI Contracts, Bulls Eyeing Upcoming Week

Palantir Falls Even With AI Contracts, Bulls Eyeing Upcoming Week

7 June 2026
Palantir plunged 4.35% Friday to $135.53, capping a 13.42% weekly slide as investors weighed new AI deals—including a Google Cloud partnership and multi-year contracts with Kirkland & Ellis and McCarthy Building—against valuation concerns and broader tech selloff, with upcoming U.S. inflation data adding risk to high-multiple stocks.
Goldman’s Fed cut outlook shift signals warning for Wall Street rally

Goldman’s Fed cut outlook shift signals warning for Wall Street rally

7 June 2026
Goldman Sachs no longer expects a Fed rate cut in 2026 after strong May jobs data, leaving investors to weigh a possible hold or hike as the Nasdaq plunged 4.18% and the S&P 500 fell 2.64% on Friday; CME’s FedWatch tool now puts December rate hike odds at 42.7%, while Citi remains the outlier still predicting three cuts this year.
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