Today: 8 February 2026
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Technology News 23 January 2026 - 24 January 2026

IREN stock jumps 8% into the weekend as Feb. 5 earnings date puts AI cloud push back in focus

IREN stock jumps 8% into the weekend as Feb. 5 earnings date puts AI cloud push back in focus

IREN shares jumped 8.5% Friday to $56.68, trading between $50.11 and $58.58 on heavy volume before slipping 0.5% after hours. The company will report quarterly results Feb. 5. Bitcoin hovered near $89,000, keeping crypto stocks active. IREN’s recent $9.7 billion, five-year deal with Microsoft remains in focus.
24 January 2026
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Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Senators led by Elizabeth Warren said Big Tech firms pledged to pay more for data-center electricity but withheld key details on rates and contracts. Trump called on companies to “pay their own way” as PJM weighs an emergency auction for new power supply. FERC signaled it is ready to act quickly on related filings. Google and Microsoft said they cover their own infrastructure costs but cited confidentiality concerns.
24 January 2026
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GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries shares fell 4.8% to $42.85 Friday, following a volatile week for chip stocks and a 17% plunge in Intel. About 4.3 million GFS shares changed hands as investors reacted to weak forecasts and rising supply chain costs. GlobalFoundries will report quarterly results on Feb. 11. The company recently agreed to buy Synopsys’ ARC Processor IP business, with the deal expected to close in the second half of 2026.
24 January 2026
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Sage Group share price in focus: AI partnership and buyback set up Jan 27 trading update

Sage Group share price in focus: AI partnership and buyback set up Jan 27 trading update

Sage shares closed Friday up 0.6% at 1,029.1 pence after announcing a global AI partnership with Augusta Labs and continuing its share buyback program. The company repurchased about 1.83 million shares over two days, totaling roughly £18.7 million. The buyback is scheduled to end by March 19. Sage will release its Q1 FY26 trading update on Jan. 27.
24 January 2026
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Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe shares rose 0.4% to $301.07 Friday after the company announced Firefly Foundry, a generative AI tool trained only on clients’ proprietary content for studios and talent agencies. The S&P 500 closed flat, while the Dow fell 0.58% and the Nasdaq gained 0.28%. Intel dropped sharply on weak guidance. Investors await major tech earnings and a Federal Reserve decision next week.
24 January 2026
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BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Brand Engagement Network shares soared nearly 90% Friday after announcing a $2.05 million licensing and investment deal with Valio Technologies tied to Africa. The agreement gives Brand Engagement Network a 25% stake and 35% revenue share in a new South African entity. A separate memorandum covers a student wellbeing AI pilot at Nelson Mandela University.
24 January 2026
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Broadcom stock slips (AVGO) after Intel’s forecast shakes chip mood; Fed and Big Tech earnings ahead

Broadcom stock slips (AVGO) after Intel’s forecast shakes chip mood; Fed and Big Tech earnings ahead

Broadcom shares fell 1.7% to $320.05 in after-hours trading Friday, tracking declines in chip stocks after Intel’s weak outlook. The U.S. government announced a new procurement deal offering federal agencies discounts of up to 64% on Broadcom’s VMware software through May 2027. Investors are watching for further moves as tech earnings and macroeconomic data approach next week.
23 January 2026
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AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD shares rose 2.3% to $259.65 in after-hours trading Friday following Intel’s warning of server chip shortages for AI data centers. Intel projected quarterly revenue below forecasts, citing unexpected demand. The Nasdaq stock saw heavy volume, with traders watching for AMD’s earnings on Feb. 3 and the Fed decision next week. Nvidia gained after reports of new Chinese orders for its AI chips.
23 January 2026
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Micron stock closes higher near $400 as HSBC lifts target to $500 on memory-price crunch

Micron stock closes higher near $400 as HSBC lifts target to $500 on memory-price crunch

Micron shares closed up 0.5% at $399.58 after swinging between $390.80 and $411.90. HSBC raised its price target to $500, citing stronger DRAM pricing and demand. Rising memory costs are pressuring PC and phone makers, with IDC forecasting a 4.9% drop in PC shipments and a 2% fall in smartphones for 2026. Micron shareholders approved a charter amendment limiting some officer liability.
23 January 2026
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Life360 stock jumps 22% as record Q4 user growth lifts outlook ahead of March results

Life360 stock jumps 22% as record Q4 user growth lifts outlook ahead of March results

Life360 shares jumped 22% Friday after the company reported record Q4 user and subscriber growth and raised its 2025 revenue and adjusted EBITDA forecasts. The stock reached $66.90 in afternoon trading, up $12.09. Global monthly active users rose to 95.8 million, with 2.8 million paying circles. Full-year results and 2026 guidance are set for release March 2.
23 January 2026
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Accenture stock slides in New York: traders weigh Sovereign AI deal and fresh Buy call

Accenture stock slides in New York: traders weigh Sovereign AI deal and fresh Buy call

Accenture shares fell 1.2% to $281.73 by midafternoon Friday, despite recent announcements of a major AI data center partnership with Sovereign AI and Palantir across EMEA. Berenberg initiated coverage with a buy rating and a $313 target. Investors remain uncertain about the timing of revenue from new AI projects. Accenture’s next earnings call is scheduled for March 19.
23 January 2026
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Stock Market Today

Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

8 February 2026
Astera Labs shares jumped 18.9% to $169.85 Friday, trading as high as $170.01 on volume of 7.3 million. The move followed Amazon’s AI spending forecast and a nearly 6% gain in the PHLX Semiconductor Index. Astera reports fourth-quarter results Tuesday after market close, with revenue guidance at $245–$253 million.
Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

8 February 2026
Sungrow closed at 144.50 yuan, down 1.03%, after stating it has no plans in the commercial space sector. Mainland China trading resumes Monday, with Spring Festival closures set for Feb. 15–23. Major funds were net sellers of 5.46 billion yuan on Feb. 6. The Shenzhen-listed solar firm remains under scrutiny as investors await further filings before the holiday.
MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

8 February 2026
Monolithic Power Systems shares surged 6.4% to $1,229.82 Friday, hitting a new 52-week high after raising its dividend to $2.00 and forecasting first-quarter revenue of $770 million to $790 million. CEO Michael Hsing filed a Rule 144 notice for 3,082 shares. CFO Bernie Blegen will retire after the 2025 annual report, with Rob Dean named interim CFO. Fourth-quarter revenue rose 20.8% to $751.2 million.
Microchip Technology stock price: MCHP heads into Monday after earnings outlook and mixed analyst calls

Microchip Technology stock price: MCHP heads into Monday after earnings outlook and mixed analyst calls

8 February 2026
Microchip Technology shares fell 2.6% to $76.01 Friday after its outlook and analyst reactions disappointed some investors. The company reported fiscal Q3 net sales up 15.6% to $1.186 billion and guided March-quarter sales to $1.24–$1.28 billion. A global memory shortage has disrupted orders, and analysts remain split on recovery prospects. BlackRock disclosed a 10% stake as of Jan. 31.
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