Technology News 5 January 2026

Apple stock slips after Foxconn iPhone read-through; AAPL focus turns to earnings

New York, January 5, 2026, 16:10 EST — After-hours Apple stock fell about 1.5% on Monday, last trading around $267, as investors parsed a mixed update from top iPhone assembler Foxconn and a fresh volley in the smartphone AI race.

5 January 2026

Apple News·Earnings Reports·Investment·Stock Market·Technology

Broadcom stock drops as chip ETFs rise; traders parse CES AI cues and Friday jobs report

New York, January 5, 2026, 16:09 ET — After-hours Broadcom Inc (AVGO) shares fell about 2% on Monday to close at $340.71 after a volatile session that took the stock from an early high near $355 to an intraday low

5 January 2026

AI Trends·Economic News·ETFs·Stock Market·Technology

KLA Corporation stock jumps 6% as chip-equipment rally builds ahead of Nvidia CES keynote

New York, Jan 5, 2026, 15:44 EST — Regular session KLA Corp (KLAC.O) shares rose about 6.4% to $1,356 in afternoon trading on Monday, after touching an intraday high of $1,371.82 and setting up for a record closing high. Morningstar

5 January 2026

Corporate News·Investing·Semiconductors·Stock Market·Technology

Uber stock slips on Melius “Sell” call as robotaxi competition looms in 2026

New York, January 5, 2026, 15:27 ET — Regular session Uber Technologies, Inc. shares were down 1.9% at $81.30 in afternoon trading on Monday, after Melius Research downgraded the ride-hailing company to “sell” with a $73 price target. “Even with

5 January 2026

Autonomous Vehicles·Investment·Stock Market·Technology

Qualcomm stock rises on Google auto AI tie-up, Snapdragon X2 laptop push at CES 2026

New York, January 5, 2026, 15:02 EST — Regular session Qualcomm Incorporated shares rose on Monday after the chip designer and Alphabet’s Google broadened their automotive partnership at CES in Las Vegas. The stock was up about 1.7% at $175.96

5 January 2026

Artificial Intelligence·Stock Market·Technology

Jabil stock slides on Hanley Energy buy: what the $725 million AI data center deal means for JBL

New York, January 5, 2026, 14:54 EST — Regular session Shares of Jabil Inc fell about 7% on Monday after the electronics manufacturing services provider said it had completed its purchase of data center power specialist Hanley Energy Group. The

5 January 2026

AI·Data Centers·Stock Market·Technology

Western Digital (WDC) stock whipsaws as AI memory crunch drives storage trade

New York, January 5, 2026, 14:30 EST — Regular session Western Digital Corp shares reversed early gains on Monday as investors re-priced the crowded “AI infrastructure” trade across storage and memory-linked names. The stock was down 0.9% at $186.00 in

5 January 2026

Artificial Intelligence·Investing·Stock Market·Technology

Marvell stock (MRVL) rises after Melius upgrade sets $135 target ahead of CES CEO chat

New York, January 5, 2026, 14:40 (EST) — Regular session Marvell Technology, Inc. shares rose on Monday after Melius Research upgraded the chipmaker, keeping the stock in positive territory after an early spike. The shares were up about 1.5% at

5 January 2026

Analyst Ratings·Company News·Investing·Stock Market·Technology

IBM stock climbs as Jefferies turns bullish and lifts target to $360

New York, Jan 5, 2026, 14:09 (EST) — Regular session International Business Machines (IBM.N) shares rose 1.6% to $296.24 in afternoon trading on Monday, after Jefferies upgraded the stock and RBC Capital raised its price target. The shares traded between

5 January 2026

Financial News·IBM·Investing·Stock Market·Technology

SiTime stock slumps 9% after topping Wall Street targets, bucking chip rally

New York, Jan 5, 2026, 13:54 EST — Regular session SiTime Corp shares slid about 9% on Monday afternoon, reversing an earlier rise and wiping out a chunk of the timing-chip maker’s start-of-year gains. The Nasdaq-listed stock was down $33.46

5 January 2026

Earnings Reports·Investment·Semiconductors·Stock Market·Technology

Lumentum stock drops 8% in sharp reversal as optics peers slide; Feb. 5 earnings loom

New York, Jan 5, 2026, 13:11 (ET) — Regular session Shares of Lumentum Holdings Inc (LITE.O) fell 8.1% to $354.87 on Monday, after trading between $345 and $394.48 in a volatile session. About 4.2 million shares had changed hands by

5 January 2026

Earnings Reports·Investing·Stock Market·Technology

ServiceNow stock rises after ex-Microsoft legal chief joins as president, even as Wall Street trims targets

New York, Jan 5, 2026, 13:21 EST — Regular session ServiceNow shares rose on Monday after the enterprise workflow software maker said it hired former Microsoft legal executive Hossein Nowbar as president and chief legal officer. The stock was up

5 January 2026

Market News·Stocks·Technology·Wall Street