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Technology 6 February 2026

ServiceNow stock price slips as Wall Street sorts AI winners from losers

ServiceNow stock price slips as Wall Street sorts AI winners from losers

ServiceNow shares fell 1.3% to $101.25 in late-morning trading Friday, capping a roughly 12% drop for the week. The iShares Expanded Tech-Software ETF slid about 19% over eight sessions, its sharpest decline in nearly six years. Investors shifted away from software stocks amid doubts over AI infrastructure spending. ServiceNow’s annual report was filed Jan. 29; its CEO received 40,014 restricted stock units set to vest Feb. 7.
6 February 2026
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Qualcomm stock price ticks up as QCOM steadies after memory-shortage warning spooks chip investors

Qualcomm stock price ticks up as QCOM steadies after memory-shortage warning spooks chip investors

Qualcomm shares rose 1.5% to $138.30 Friday morning after a sharp drop earlier this week, following a revenue forecast below Wall Street estimates. The company cited a global memory chip shortage as the main factor, with CEO Cristiano Amon warning the squeeze could persist through 2027. Bank of America downgraded the stock to “Neutral” and cut its price target, citing weaker handset demand and market share concerns.
6 February 2026
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Wall Street Tech Sell-Off Gets a New Test as Amazon’s $200 Billion AI Spend Plan Bites

Wall Street Tech Sell-Off Gets a New Test as Amazon’s $200 Billion AI Spend Plan Bites

U.S. stocks rebounded Friday, with the Dow up 1.08% and the S&P 500 rising 0.88% by 9:33 a.m. ET, while Amazon shares fell after announcing $200 billion in capital spending. Bitcoin recovered near $68,000 after dropping to $60,000 Thursday. Jobless claims rose, and job openings hit a five-year low. Chip stocks led gains as tech investors weighed heavy AI infrastructure spending.
6 February 2026
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Intel stock price jumps 4% today as China server CPU crunch lifts INTC shares

Intel stock price jumps 4% today as China server CPU crunch lifts INTC shares

Intel shares rose 4% to $50.19 Friday after reports of up to six-month lead times and price hikes for some server CPUs in China. The delays come as AI-driven demand strains supply chains, with China making up over 20% of Intel’s revenue. Intel expects inventory to bottom out in Q1 and supply to improve in Q2. Traders are watching for signs of easing shortages ahead of Intel’s next earnings, tentatively set for April 23.
6 February 2026
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Oracle stock rebounds Friday as tech rout eases, but AI spending jitters linger

Oracle stock rebounds Friday as tech rout eases, but AI spending jitters linger

Oracle shares rose 3.4% to $141.14 Friday morning, rebounding after a 7% drop Thursday amid a tech selloff sparked by Alphabet’s $185 billion capex plans. The IGV ETF gained 2.1%, while QQQ was up 1.3%. Investors remain divided over whether AI-driven spending will boost profits or erode margins. New U.S. macro data next week may further shift market expectations.
6 February 2026
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InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital shares jumped about 8.5% Friday morning after the company issued 2026 revenue guidance and highlighted growth in recurring licensing revenue. Fourth-quarter revenue fell 37% to $158.2 million, with catch-up revenue plunging to $12.6 million. Adjusted earnings per share beat analyst estimates. Management flagged rising litigation costs and upcoming demos at Mobile World Congress.
6 February 2026
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AMD stock price jumps 7% as China server CPU delays flag tight supply — what traders watch next

AMD stock price jumps 7% as China server CPU delays flag tight supply — what traders watch next

AMD shares jumped 7% Friday after Reuters reported the company and Intel warned Chinese customers of longer server CPU delivery times. AMD’s lead times for some products have stretched to eight to ten weeks, while Intel warned of delays up to six months. The rebound follows a steep drop in chip stocks earlier in the week. Investors await Nvidia’s results on Feb. 25.
6 February 2026
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Broadcom stock price jumps nearly 4% as Google’s AI capex plan lifts AVGO

Broadcom stock price jumps nearly 4% as Google’s AI capex plan lifts AVGO

Broadcom shares rose nearly 4% to $322.82 in morning trading Friday as investors returned to chip stocks after a sharp sell-off. Alphabet’s 2026 capital expenditure forecast of up to $185 billion shifted attention to AI infrastructure suppliers. Nvidia and AMD also posted strong gains. Broadcom’s March 4 earnings are now in focus for signals on AI demand.
6 February 2026
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Wall Street rebounds after tech rout, but Amazon stock slides on $200B AI spend plan

Wall Street rebounds after tech rout, but Amazon stock slides on $200B AI spend plan

Amazon shares plunged nearly 9% Friday after announcing a $200 billion AI spending plan, dragging tech stocks lower. The S&P 500 slipped into negative territory for the year on Thursday amid concerns over mounting capital expenditures and weak layoff data. By 09:30 a.m. ET, the Dow rose 0.62%, the S&P 500 gained 0.50%, and the Nasdaq edged up 0.35%. Chipmakers Nvidia and AMD rebounded, each rising over 5%.
6 February 2026
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Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

The Dow jumped 687 points, or 1.41%, to 49,596 in early Friday trading, recovering from a tech-led selloff. Amazon fell nearly 9% after flagging higher AI spending, while Nvidia gained over 5%. Chipmakers and banks led the rebound, but tech stocks continued to weigh on indexes. Investors await next week’s U.S. jobs and inflation reports for signals on rate cuts.
6 February 2026
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Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord shares rose 1.4% to $202.75 Friday after posting fourth-quarter adjusted earnings of $2.51 per share and 2026 guidance of $10.20–$11.00 EPS. The company reported $735 million in E-Pod orders tied to data-center power projects, with first shipments expected in 2027. Revenue for the quarter was about $1.52 billion. Management flagged weak residential HVAC demand and uncertainty in converting backlog to revenue.
6 February 2026
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Sandisk stock rises in early trade as rally cools from record high

Sandisk stock rises in early trade as rally cools from record high

Sandisk shares rose 4.4% to $601.55 in early New York trading Friday, rebounding after a sharp drop earlier in the week. The stock swung between $568.30 and $623.28 as traders cited AI-driven storage demand and tight supply. Sandisk has fallen over 20% since touching $725 on Feb. 3. Investors are watching for analyst updates and memory pricing signals ahead of earnings on May 6.
6 February 2026
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SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime shares rose 3.3% in premarket trading Friday after announcing a $1.5 billion cash-and-stock deal to acquire Renesas’ timing business. The company reported $113.3 million in fourth-quarter revenue, up 66% year-over-year, and issued a positive forecast for the first quarter. SiTime expects the acquired unit to add $300 million in revenue within a year of closing.
6 February 2026
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AMD stock rebounds before the bell after brutal selloff as China supply worries surface

AMD stock rebounds before the bell after brutal selloff as China supply worries surface

AMD shares rose about 4% in premarket trading Friday, rebounding after a two-day slide erased over 20% of its value. The company forecast Q1 revenue near $9.8 billion, about 5% below the previous quarter, and warned Chinese clients of server CPU supply delays. AMD’s stock hovered near $200 after closing at $192.50 Thursday. Uncertainty remains over U.S. export licenses for China-bound AI chips.
6 February 2026
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CCC Intelligent Solutions stock price whipsaws: premarket bounce follows 13% slide as GM lawsuit surfaces

CCC Intelligent Solutions stock price whipsaws: premarket bounce follows 13% slide as GM lawsuit surfaces

CCC Intelligent Solutions shares rose 1.2% to $5.75 in premarket trading Friday after plunging 12.6% the previous session. Court records show General Motors sued CCC and others in a U.S. design-patent case. CCC also announced expanded access to its estimating software for collision-repair schools following a new workforce study. Quarterly results are due Feb. 24.
6 February 2026
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Grab stock edges higher in premarket as lidar deal and fintech rollout land ahead of earnings

Grab stock edges higher in premarket as lidar deal and fintech rollout land ahead of earnings

Grab shares rose 0.7% to $4.18 in premarket trading Friday after Hesai named Grab its exclusive lidar distributor in Southeast Asia. Grab Finance also launched automated credit decisioning across six countries using FICO’s platform. The company reports Q4 and full-year 2025 results after U.S. markets close on Feb. 11.
6 February 2026
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Stock Market Today

  • Mangalam Global Enterprise Earnings Boosted by Unusual Items, Raising Caution
    April 25, 2026, 10:52 PM EDT. Mangalam Global Enterprise Limited (NSE:MGEL) posted strong earnings, lifting its share price. However, a significant ₹106 million gain from unusual items, one-time events outside regular business operations, inflates the profit figures. Such boosts often do not recur, suggesting potential profit declines if these items vanish. Despite concerns, the company has demonstrated impressive earnings per share (EPS) growth over three years. Investors should note four warning signs identified in the analysis before committing capital. Balance sheet strength and other underlying factors also warrant scrutiny for a full picture of MGEL's financial health. The stock's statutory earnings may overstate ongoing profitability due to these distortions.

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