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Technology 5 February 2026

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology shares rose about 2% to $98.96 Thursday afternoon, rebounding after recent losses. A Bank of America note challenged the AI-chip selloff, citing sector bottlenecks. Insider-sale filings and a March earnings report kept traders cautious. Roughly 5.8 million shares traded as Credo’s market cap neared $32.5 billion.
5 February 2026
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Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv shares fell 1.8% to $179.36 Thursday, hitting a low of $172.59 as investors retreated from costly AI-linked stocks amid concerns over capital spending. The company reports earnings Feb. 11, with investors watching for signs of demand in data-center cooling. Peers like Eaton and Johnson Controls also saw volatile trading this week.
5 February 2026
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Coupang stock sinks nearly 10% as fresh data leak, U.S. subpoena rattle CPNG shares

Coupang stock sinks nearly 10% as fresh data leak, U.S. subpoena rattle CPNG shares

Coupang shares fell 9.7% to $17.57 Thursday after the company disclosed data from another 165,000 users was exposed in a November breach. The U.S. House Judiciary Committee subpoenaed Coupang as part of a probe into alleged discrimination against American firms. Bernstein began coverage with an Underperform rating. Coupang said no payment or login data was compromised.
5 February 2026
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IonQ stock tumbles again as short-seller report hangs over quantum trade

IonQ stock tumbles again as short-seller report hangs over quantum trade

IonQ shares fell about 11% to $31.49 Thursday after Wolfpack Research released a short report questioning the company’s reliance on U.S. defense funding. IonQ denied the claims, calling them “false, misleading, and unsubstantiated.” Other quantum computing stocks, including Rigetti and D-Wave, also dropped sharply. Investors await IonQ’s February 25 earnings for further details.
5 February 2026
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Uber stock rebounds nearly 4% as CFO switch and robotaxi push hit Wall Street

Uber stock rebounds nearly 4% as CFO switch and robotaxi push hit Wall Street

Uber shares rose 3.9% to $76.80 Thursday after a steep post-earnings drop, as the company named Balaji Krishnamurthy to replace CFO Prashanth Mahendra-Rajah, who will resign Feb. 16. Uber’s Q1 adjusted EPS forecast missed Wall Street estimates, while gross bookings guidance topped expectations. A UK tax law ruling will cut reported revenue margin by 3.5 points. Q4 trips and gross bookings each climbed 22% year-on-year.
5 February 2026
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JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan Chase shares fell 2.9% to $308.13 by midday Thursday, outpacing declines at other major U.S. banks. The drop followed weaker labor data, a surge in layoff announcements, and a broader market selloff led by losses in Big Tech. Initial jobless claims rose to 231,000, while job openings hit their lowest since September 2020. Investors await the delayed U.S. payrolls report and inflation data next week.
5 February 2026
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AST SpaceMobile (ASTS) stock sinks as AT&T taps Amazon Leo for satellite connectivity

AST SpaceMobile (ASTS) stock sinks as AT&T taps Amazon Leo for satellite connectivity

Shares of AST SpaceMobile dropped 7.8% to $95.45 by midday Thursday amid volatility in space-sector stocks. AT&T and Amazon Leo announced expanded collaboration on satellite and cloud services, drawing investor focus to U.S. telecom partnerships. Amazon Leo requested a 24-month FCC extension for its satellite network rollout. Pomerantz LLP is investigating claims for AST investors following a recent downgrade.
5 February 2026
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Applied Materials (AMAT) stock snaps back near $300 as Alphabet AI spend stirs chip-equipment trade

Applied Materials (AMAT) stock snaps back near $300 as Alphabet AI spend stirs chip-equipment trade

Applied Materials shares rose 0.7% to $299.55 by midday Thursday, rebounding after a 6% drop Wednesday. Lam Research, ASML, and KLA also gained, while Alphabet and Qualcomm fell sharply. Citi raised its price target on Applied to $400 ahead of Feb. 12 earnings. Export controls remain a risk, with potential to cut $600 million from Applied’s 2026 revenue.
5 February 2026
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Intuit stock price today: INTU steadies after AI fears rattle software names

Intuit stock price today: INTU steadies after AI fears rattle software names

Intuit shares rose 0.2% to $446.47 Thursday after volatile trading, as software stocks struggled following a sector selloff linked to AI concerns. The S&P 500 software and services index dropped 1.8%, extending a 13% slide in the past week. Intuit’s Mailchimp unit released a report on digital sign-ups, and the company announced a Super Bowl-week financial literacy event with the NFL and 49ers. Fiscal Q2 results are due Feb. 26.
5 February 2026
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Seagate stock slips as insider sales surface and tech rout drags on

Seagate stock slips as insider sales surface and tech rout drags on

Seagate shares fell 1.9% to $410.82 Thursday after volatile trading, following a 6% drop Wednesday. CEO William Mosley sold 20,000 shares last week under a prearranged plan, while EVP Ban Seng Teh exercised options and sold 20,195 shares. Cantor Fitzgerald and BNP Paribas raised price targets after Seagate’s quarterly revenue beat forecasts. Broader tech stocks and indexes also declined amid market concerns over AI costs.
5 February 2026
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Broadcom stock rises as Google flags up to $185 billion in AI capex spending

Broadcom stock rises as Google flags up to $185 billion in AI capex spending

Broadcom shares rose 2.8% to $316.53 Thursday after Alphabet announced a 2026 capital spending plan of up to $185 billion, far above forecasts. The stock hit $326.44 before retreating. Broadcom supplies Google’s AI chips, with over 80% of its AI compute sales tied to the partnership. The company reports quarterly results after the close on March 4.
5 February 2026
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Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

U.S. stocks fell Thursday, led by sharp declines in tech shares as investors reacted to heavy AI spending plans from Alphabet and Qualcomm’s weak revenue forecast. Alphabet dropped 2.6%, Qualcomm plunged 8%, and AMD tumbled 17%. The S&P 500 lost 0.51%, Nasdaq 0.50%, and Dow 0.56% by mid-morning. Silver slumped 15% and oil prices also fell amid broad market pressure.
5 February 2026
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QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

Invesco’s Nasdaq-100 ETF QQQ fell about 1.6% Thursday morning, extending losses after Alphabet projected 2026 capital spending of up to $185 billion. Portfolio managers cited concerns over high tech valuations and AI-driven disruption, prompting investors to cut risk. Trading volume in QQQ rose above recent averages, with the ETF last seen near $605.75.
5 February 2026
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Intel stock price slips as Intel’s GPU push hits a tech selloff — what INTC investors watch next

Intel stock price slips as Intel’s GPU push hits a tech selloff — what INTC investors watch next

Intel shares fell 2.3% to $47.49 in morning trading Thursday, reversing earlier gains as 41.6 million shares changed hands. The drop followed Alphabet’s warning on capital spending and Qualcomm’s weak outlook, which pressured chip stocks across Wall Street. Intel’s chief legal officer sold 20,000 shares on Feb. 2 after performance stock units vested, according to SEC filings. CEO Lip-Bu Tan said Intel is ramping up GPU production to target data centers.
5 February 2026
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Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk shares fell 1.4% to $576.17 Thursday after plunging nearly 16% the previous day, with 29 million shares traded. The drop followed a broader tech and chip sell-off, as the iShares Semiconductor ETF slid 4.3%. Insider sale filings and volatile price targets drew scrutiny. Sandisk’s stock, up from $45 to $665 in six months, now faces pressure from shifting sentiment and data-center demand risks.
5 February 2026
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Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron Technology shares fell 9.5% to $379.40 Thursday amid a broad tech selloff and investor retreat from AI-linked stocks. Goldman Sachs said hedge funds faced their toughest day in nearly a year as crowded tech bets unwound. Qualcomm warned of missed results due to a global memory shortage, while Alphabet projected 2026 capital spending could reach $185 billion to address compute bottlenecks.
5 February 2026
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Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia shares fell 3.3% to $174.19 early Thursday, extending losses across AI-related chip stocks as investors questioned when heavy spending will yield profits. AMD plunged 17% after a weak revenue forecast, while the Nasdaq-tracking QQQ dropped 1.8%. Alphabet said it will double capital expenditures this year, and Amazon’s earnings are due after the close.
5 February 2026
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Stock Market Today

  • FBI Investigates Disappearance of Crypto Investor Wen Hou's Father
    April 26, 2026, 12:13 AM EDT. The FBI is investigating the disappearance of Naiping Hou, father of cryptocurrency investor Wen Hou, amid suspicions of foul play. Naiping Hou, 74, vanished from Rancho Cucamonga, California, with his family suspecting a connection to their crypto business success. Authorities discovered that his cellphone was used to impersonate him for over a month, facilitating fraudulent bank transactions, including unusual online gold purchases. The family reported Naiping missing on May 4, 2025, after concerns over robotic text messages and uncharacteristic behavior. Wen Hou, chief investment officer at Coincident Capital, previously donated $1.1 million in cryptocurrency to the USC Keck School of Medicine. Investigators found his father's home cleared out, fueling further concerns about the disappearance.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.04.2026

26 April 2026
LIVEMarkets rolling coverageStarted: April 26, 2026, 12:00 AM EDTUpdated: April 26, 2026, 12:25 AM EDT FBI Investigates Disappearance of Crypto Investor Wen Hou's Father April 26, 2026, 12:13 AM EDT. The FBI is investigating the disappearance of Naiping Hou, father of cryptocurrency investor Wen Hou, amid suspicions of foul play. Naiping Hou, 74, vanished from Rancho Cucamonga, California, with his family suspecting a connection to their crypto business success. Authorities discovered that his cellphone was used to impersonate him for over a month, facilitating fraudulent bank transactions, including unusual online gold purchases. The family reported Naiping missing on May 4,
Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

26 April 2026
Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion.
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