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Technology News 30 January 2026

Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

Microsoft rose 0.6% to $436.11 Friday morning after plunging 10% Thursday on weak cloud results. Nvidia slipped 0.4% and AMD fell 4.1%, dragging chip stocks lower. Investors remain wary of rising AI and data-center costs outpacing revenue gains. U.S. stocks opened lower after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
Micron stock price today: MU rises as Samsung and Apple highlight memory-chip squeeze

Micron stock price today: MU rises as Samsung and Apple highlight memory-chip squeeze

Micron shares rose 2.9% to $448.64 in early Friday trading, extending a rally even as the Nasdaq slipped. Apple and Samsung warned of rising memory chip prices due to AI server demand and tight supply. Micron disclosed insider selling by its chief legal officer. The company also began building a $24 billion wafer fab in Singapore, targeting production in 2028.
Microsoft stock ticks up after Thursday’s 10% drop — Azure growth and AI spending stay in the spotlight

Microsoft stock ticks up after Thursday’s 10% drop — Azure growth and AI spending stay in the spotlight

Microsoft shares rose about 0.5% to $435.62 early Friday, recovering slightly after a 10% plunge Thursday that erased over $350 billion in market value. Investors weighed a 66% surge in quarterly capital spending, mostly for AI chips, against Azure’s 39% growth and $625 billion in cloud backlog. Alphabet and Amazon report earnings next week, with the U.S. jobs report due Feb. 6.
Sandisk stock price jumps nearly 20% as SNDK outlook, Kioxia supply pact fuel rally

Sandisk stock price jumps nearly 20% as SNDK outlook, Kioxia supply pact fuel rally

Sandisk shares jumped 19.5% to $644.34 Friday after the company projected fiscal Q3 revenue and profit well above Wall Street estimates. The company reported Q2 revenue of $3.03 billion and extended its flash-memory supply deal with Kioxia in Japan through 2034. Data-center revenue rose 64% sequentially. Sandisk expects Q3 non-GAAP earnings of $12 to $14 per share.
CrowdStrike stock dips again before the open after 5% drop as AI fears hit software

CrowdStrike stock dips again before the open after 5% drop as AI fears hit software

CrowdStrike shares slipped 0.7% to $441.40 in premarket trading Friday after falling 5.24% Thursday amid a broad software selloff. The S&P 500 Software and Services index dropped 8.7% Thursday as investor concerns over AI disruption rattled tech stocks. Trading volume in CrowdStrike more than doubled its 50-day average. Earnings are expected March 3.
C3.ai stock price slips in premarket as Automation Anywhere merger-talk report lingers

C3.ai stock price slips in premarket as Automation Anywhere merger-talk report lingers

C3.ai shares fell 2% to $12.01 in premarket trading Friday after a 6.6% drop the previous day, following reports of merger talks with Automation Anywhere. The potential deal would see the private automation firm acquire C3.ai and go public via reverse merger. Neither company commented. C3.ai stock is down over 59% in the past year and trades far below its 52-week high.
Marvell stock slides premarket as Microsoft-led tech selloff keeps AI spending in the spotlight

Marvell stock slides premarket as Microsoft-led tech selloff keeps AI spending in the spotlight

Marvell Technology shares fell 2.3% to $79.48 in premarket trading Friday, extending a two-day drop of about 5%. The move follows a sharp selloff in chip stocks after Microsoft’s earnings and record AI spending rattled investors. The Philadelphia SE Semiconductor Index lost 3.27% in the previous session. U.S. producer price data due at 8:30 a.m. ET is seen as the next test for tech stocks.
SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

Sandisk shares soared 18.9% to $641.18 in premarket trading Friday after the company raised its profit outlook and extended key supply deals with Kioxia. The flash-memory maker reported fiscal Q2 revenue up 61% year-over-year to $3.03 billion, with net income at $803 million. CEO David Goeckeler cited strong AI-driven demand from data centers.
Snowflake stock slides nearly 8% in software rout; traders brace for next catalyst

Snowflake stock slides nearly 8% in software rout; traders brace for next catalyst

Snowflake shares fell 7.7% to $199.37 Thursday, tracking a sharp selloff in software stocks amid fears that AI could disrupt subscription-based models. The S&P 500 Software and Services Index dropped 8.7% to a nine-month low. Snowflake’s recent launch of an energy-focused data package failed to offset sector-wide concerns. No new financial results were released by the company this week.
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
RELX share price slides again as AI fears linger, results next week in focus

RELX share price slides again as AI fears linger, results next week in focus

7 February 2026
RELX closed down 4.6% at 2,145 pence in London on Friday, capping a volatile week ahead of its Feb. 12 full-year results. The company bought back 465,361 shares even as selling continued amid investor concerns over AI risks and pricing power. Peers Wolters Kluwer and Thomson Reuters also faced pressure. Markets await RELX’s outlook for 2026 trading.
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