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Technology 2 February 2026

ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow shares climbed 3.7% to $121.33 on Monday, rebounding after last week’s sector slide and outpacing tech peers. The company recently reported Q4 subscription revenue of $3.47 billion and announced an imminent $2 billion accelerated buyback. Investors are watching for demand signals as the buyback and AI partnerships develop. Salesforce and Adobe also rose, while Microsoft slipped.
2 February 2026
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Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate shares rose 4.8% to $427.30 Monday, hitting an intraday high of $434.60, as investors favored data-center hardware stocks. Western Digital climbed 5.8%. The rally followed Seagate’s strong earnings and outlook, with CEO Dave Mosley citing full allocation of nearline capacity through 2026. TrendForce warned DRAM prices could spike up to 95% this quarter due to supply-demand imbalances.
2 February 2026
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Oracle stock price rises after $50 billion funding plan; what investors watch next

Oracle stock price rises after $50 billion funding plan; what investors watch next

Oracle shares rose 2.2% to $168.23 by mid-morning after the company announced plans to raise $45–$50 billion for cloud expansion in 2026 through equity and a one-time bond sale. The company filed to offer 100 million depositary shares tied to mandatory convertible preferred stock. Investors are watching for dilution risk and the timing of Oracle’s next earnings report.
2 February 2026
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Western Digital stock jumps in early trade as Wall Street eyes Tuesday’s Innovation Day

Western Digital stock jumps in early trade as Wall Street eyes Tuesday’s Innovation Day

Western Digital shares rose 5.4% to $263.63 Monday after the company raised its third-quarter revenue and earnings outlook, beating analyst estimates. The stock’s gains came ahead of Tuesday’s Innovation Day event, as investors focus on AI-driven data center demand and high-capacity storage pricing. Western Digital also confirmed plans to spin off its flash unit into SanDisk in 2025.
2 February 2026
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Alibaba stock slips premarket after $431 million Qwen AI Lunar New Year blitz

Alibaba stock slips premarket after $431 million Qwen AI Lunar New Year blitz

Alibaba shares fell 0.8% to $168.17 in premarket trading after the company announced a 3 billion yuan ($431 million) investment to boost its Qwen AI app ahead of Lunar New Year. The campaign launches Feb. 6, with incentives distributed via digital red envelopes. Rival DeepSeek is expected to update its AI model mid-month. Alibaba’s next earnings report is scheduled for Feb. 19.
2 February 2026
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Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip Electronics Class A shares fell 2.6% to 186.27 yuan in Shanghai by mid-morning Monday, with 3.9 million shares traded. The drop follows a sharp January rally in Chinese chip stocks and comes as traders weigh mixed factory data and rising costs ahead of the Lunar New Year. China’s official manufacturing PMI slipped to 49.3 in January, while a private survey showed a slight uptick to 50.3.
2 February 2026
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Samsung Electro-Mechanics stock price jumps nearly 5% as shares test a 52-week high

Samsung Electro-Mechanics stock price jumps nearly 5% as shares test a 52-week high

Samsung Electro-Mechanics shares jumped 4.8% to 292,500 won Monday, hitting a 52-week high of 300,000 won before easing. The move came as South Korea’s January exports surged 33.9%, led by a 102.7% jump in semiconductor shipments. KOSPI opened about 1% lower after news of a new Federal Reserve chair nominee. Investors await Murata’s earnings for signals on MLCC pricing.
2 February 2026
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Suzhou TFC Optical Communication stock price: 300394.SZ watched after 11% jump as silicon photonics trade heats up

Suzhou TFC Optical Communication stock price: 300394.SZ watched after 11% jump as silicon photonics trade heats up

Suzhou TFC Optical Communication’s Class A shares jumped 10.9% to 248.43 yuan in premarket Shanghai trading. The move follows a week where Suzhou TFC and Yangtze Optical Fibre and Cable each surged over 30%, amid rising fibre prices and focus on silicon photonics. The company forecasts 2025 net profit of 1.88–2.15 billion yuan, up as much as 60%, citing AI demand and data-centre growth.
2 February 2026
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Montage Technology stock jumps 12% — Hong Kong IPO pricing link puts 688008 in the frame again

Montage Technology stock jumps 12% — Hong Kong IPO pricing link puts 688008 in the frame again

Montage Technology’s Class A shares jumped 12.13% in Shanghai Friday, closing at 181.85 yuan on heavy volume ahead of a Hong Kong share sale. The Hong Kong public offering runs through Feb. 4, with trading set to start Feb. 9 under code 6809. The final offer price will reference the Shanghai close before pricing. Montage plans to offer up to 65.89 million H shares at a maximum HK$106.89 each.
2 February 2026
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Moore Threads stock has a Feb. 6 trigger as Class A shares face related-party vote

Moore Threads stock has a Feb. 6 trigger as Class A shares face related-party vote

Moore Threads Class A shares closed at 590.01 yuan, down 0.01%, before Shanghai’s market opened Monday. The company released materials for a Feb. 6 shareholder vote on a 2026 cap for related-party transactions, estimated at 1.48 billion yuan. Shares have traded between 556 and 941.08 yuan since the Dec. 5 debut. Investors await the firm’s first annual report, due April 27.
2 February 2026
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AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

AMD shares fell 6.1% to $236.73 Friday after reports of possible delays in its MI450 AI accelerator. The stock traded as low as $234.55 during the session, with about 40 million shares changing hands. The drop came ahead of AMD’s earnings report set for Tuesday. Broader chip and AI-infrastructure stocks also declined sharply.
2 February 2026
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