Technology 2 August 2026

Alibaba (NYSE:BABA; HKG:9988) rises 7% with Qwen AI cost strategy in spotlight

Alibaba Group Holding Limited rose 7.0% in Hong Kong trading on Monday. Its American depositary receipt advanced 4.5% to $127.70 as of 04:55 EDT. Markets in Hong Kong had already closed and New York’s cash session had yet to begin.

3 August 2026

Artificial Intelligence·Earnings·HKG:9988·NYSE:BABA·Stock Market·Technology

Apple Shares Approach $308 as Services Revenue Miss Spurs Premium Debate

Apple Inc. slipped 0.3% prior to Monday's market open. U.S. regular trading stayed shut. On Friday, 132.5 million shares were traded in a selloff.

3 August 2026

NASDAQ:AAPL·Stock Market·Technology

Faraday Future shares surge almost 20% before the bell; robot rollout target requires double pace

Faraday Future Intelligent Electric Inc. climbed significantly ahead of Monday’s regular trading. The surge came after its robotics arm posted a record July. Achieving the yearly goal will still require a monthly rate more than double that reached in July.

3 August 2026

Electric Vehicles·NASDAQ:FFAI·Stock Market·Technology

Nvidia Shares Hover Around $201, Forward Valuation Falls 22% Even as Estimates Rise

NVIDIA Corporation starts Monday trading at about 22.3 times projected fiscal 2027 earnings. The firm’s price-to-earnings ratio was 28.5 times in May, based on the $8.28 consensus from three months ago.

3 August 2026

Breaking·NASDAQ:NVDA·Semiconductors·Stock Market·Technology

Palantir Approaching Q2 Milestone as Commercial Revenue Closes Gap With Government Operations

Palantir Technologies Inc. is set to report earnings on Monday, with sales from its U.S. commercial segment nearing those from its U.S. government business. Forecasted growth figures suggest there is just a $16 million difference between the two.

3 August 2026

Earnings·NASDAQ:PLTR·Stock Market·Technology

Super Micro Computer, Inc. (NASDAQ:SMCI) Stock Comes Under Pressure as Cash-Flow Concerns Emerge Despite Margin Recovery

Super Micro opens on Monday showing improved profit prospects but a softer market trend. Early margin estimates suggest a quarterly gross profit increase of between 62% and 84%. Shares nevertheless dropped 5.6% in the previous week.

3 August 2026

Breaking·Earnings Reports·NASDAQ:SMCI·Stock Market·Technology

SK hynix (KRX:000660) approaches ADR convergence milestone following 30% rally in Seoul

SK hynix Inc. starts Monday amid a notable divergence across markets. Shares in Seoul surged 29.95% on Friday, while its Nasdaq ADR declined 3.54%.

3 August 2026

Breaking·KRX:000660·Semiconductors·Stock Market·Technology

Alphabet (NASDAQ:GOOGL) Eyes $119 Billion AI Outlay as Rebound Put to the Test

NEW YORK, August 2, 2026, 17:03 EDT – Alphabet's recovery will be challenged in the second half as the company targets $119 billion in spending on artificial intelligence, marking a crucial period ahead.

2 August 2026

Artificial Intelligence·NASDAQ:GOOGL·Stock Market·Technology

IonQ (NYSE:IONQ) Shares Confront Fresh Valuation Challenge Following $1.8 Billion Foundry Agreement

IonQ begins earnings week with significant changes to its revenue profile. Including the most recent yearly sales from SkyWater reduces a basic screening multiple from 51 to 19.

2 August 2026

Breaking·NASDAQ:SKYT·NYSE:IONQ·Stock Market·Technology

Micron shares (NASDAQ:MU) drop 10.6% as pricing strength hits buyer pushback

Micron Technology, Inc. closed out a turbulent week, even as it projected another quarter of earnings improvement. The chipmaker’s revenue outlook for the current quarter points to 20.6% growth over the previous period, but shares slid 10.6%. The decline indicates investors may view the current surge as the market’s top.

2 August 2026

Breaking·Earnings·NASDAQ:MU·Semiconductors·Stock Market·Technology

Credo Technology Stock (NASDAQ:CRDO) Recovers; 20-Times Sales Multiple Calls for Further Expansion

Shares of Credo Technology Group Holding Ltd finished Friday’s session at $206.99, rising 2.9%. In after-hours trading, the stock slipped 1.0% to $205. The stock’s regular session advance pushed its two-day recovery to 16.6%.

2 August 2026

NASDAQ:CRDO·Stock Market·Technology

Rigetti Computing Heads Into Earnings With Revenue Focus, $569 Million Capital Buffer In Spotlight

Rigetti Computing heads into Thursday’s earnings presentation with a market capitalization of $5.01 billion. The company posted $4.4 million in revenue for the first quarter. The size of this disparity places a spotlight on revenue quality as the key issue.

2 August 2026

Earnings·NASDAQ:RGTI·Quantum Computing·Stock Market·Technology

Microsoft (NASDAQ:MSFT) shares soar 22% after disclosure of $678 billion order backlog boosts focus on AI investments

Microsoft Corporation closed at $464.72 on Friday, marking a 3.0% increase during the session. Shares climbed 21.8% for the week, following earnings released on Wednesday. U.S. markets did not open on Sunday.

2 August 2026

Artificial Intelligence·Breaking·NASDAQ:MSFT·Stock Market·Technology

Ondas Shares Await Revenue Proof Following $70 Million in Orders

Shares of Ondas Inc. fell 4.0% since the July 24 close, despite the company securing more revenue in orders over the past four weeks than it has projected for the whole of 2025.

2 August 2026

Earnings Reports·NASDAQ:AVAV·NASDAQ:ONDS·NASDAQ:RCAT·Stock Market·Technology

Salesforce Shares Surge 12%, with Attention Turning to Organic Growth Challenge

U.S. cash markets did not open on Sunday. Salesforce closed at $184.02 on Friday, rising 12.4% across five sessions, exceeding the S&P 500 by 11.4 percentage points.

2 August 2026

Breaking·Earnings·NYSE:CRM·Stock Market·Technology

IREN Limited (NASDAQ:IREN) Ends Wild Week Nearly Flat as $4 Billion AI Target Raises Delivery Bar

U.S. markets were closed Sunday. IREN finished Friday at $36.80 after falling 3.8%. The stock lost only 0.7% across the week. That masked a 30.5% Thursday surge and a 13.6% Wednesday drop.

2 August 2026

Artificial Intelligence·NASDAQ:IREN·Stock Market·Technology

Roblox (NYSE:RBLX) shares plummet 27% as bookings-cash-flow disparity grows

Roblox shares recorded their steepest single-day drop on Friday after the company gave a disappointing bookings outlook. The stock ended the session at $35.60, falling 26.9%.

2 August 2026

Earnings Reports·NYSE:RBLX·Stock Market·Technology

Palantir Technologies Inc. (NASDAQ:PLTR) Prepares for Key Earnings Event as $32 Billion Valuation Tested

Palantir is set to report its results following Monday's market close. The company's earnings webcast is scheduled to begin at 5 p.m. EDT.

2 August 2026

Earnings·NASDAQ:PLTR·Stock Market·Technology

XRP Steadies at $1.06 While ETF Demand Remains Muted Prior to Ledger Upgrade

XRP traded close to $1.06 on Sunday, following an initial $7.69 million in inflows into U.S. spot funds on Friday. The inflow registered as positive but remained insufficient to shift overall market direction.

2 August 2026

Blockchain·Cryptocurrency·Stock Market·Technology

Nokia (HEL:NOKIA) shares fall 13% after earnings as AI growth meets cash test

Nokia Oyj closed Friday at €7.958, down 3.2% for the week. It has fallen 13.2% since July 22, before its second-quarter report.

2 August 2026

Artificial Intelligence·Earnings Reports·HEX:NOKIA·Stock Market·Technology

Technology 2 August 2026 - 3 August 2026

Alibaba (NYSE:BABA; HKG:9988) rises 7% with Qwen AI cost strategy in spotlight

Apple Shares Approach $308 as Services Revenue Miss Spurs Premium Debate

Faraday Future shares surge almost 20% before the bell; robot rollout target requires double pace

Nvidia Shares Hover Around $201, Forward Valuation Falls 22% Even as Estimates Rise

Palantir Approaching Q2 Milestone as Commercial Revenue Closes Gap With Government Operations

Super Micro Computer, Inc. (NASDAQ:SMCI) Stock Comes Under Pressure as Cash-Flow Concerns Emerge Despite Margin Recovery

SK hynix (KRX:000660) approaches ADR convergence milestone following 30% rally in Seoul

Alphabet (NASDAQ:GOOGL) Eyes $119 Billion AI Outlay as Rebound Put to the Test

IonQ (NYSE:IONQ) Shares Confront Fresh Valuation Challenge Following $1.8 Billion Foundry Agreement

Micron shares (NASDAQ:MU) drop 10.6% as pricing strength hits buyer pushback

Credo Technology Stock (NASDAQ:CRDO) Recovers; 20-Times Sales Multiple Calls for Further Expansion

Rigetti Computing Heads Into Earnings With Revenue Focus, $569 Million Capital Buffer In Spotlight

Microsoft (NASDAQ:MSFT) shares soar 22% after disclosure of $678 billion order backlog boosts focus on AI investments

Ondas Shares Await Revenue Proof Following $70 Million in Orders

Salesforce Shares Surge 12%, with Attention Turning to Organic Growth Challenge

IREN Limited (NASDAQ:IREN) Ends Wild Week Nearly Flat as $4 Billion AI Target Raises Delivery Bar

Roblox (NYSE:RBLX) shares plummet 27% as bookings-cash-flow disparity grows

Palantir Technologies Inc. (NASDAQ:PLTR) Prepares for Key Earnings Event as $32 Billion Valuation Tested

XRP Steadies at $1.06 While ETF Demand Remains Muted Prior to Ledger Upgrade

Nokia (HEL:NOKIA) shares fall 13% after earnings as AI growth meets cash test

TechStock² Updates

ON Semiconductor shares climb following Q2 results; cash flow growth accompanied by working-capital note

Celsius Holdings (NASDAQ:CELH) Slides 3.4% Ahead of Q2 Earnings With Spotlight on Core Growth

Hims & Hers Health (NYSE:HIMS) stock jumps 11% before earnings as margin ramp faces key test

Opendoor (NASDAQ:OPEN) Shares Rise Ahead of Q2 Results With Investors Watching Margins

Blue Owl Capital (NYSE:OWL) soars 8% as Q2 fundraising gets boost from real assets

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