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Technology News 28 January 2026

Western Digital stock jumps 11% as storage shares rally on AI demand signals

Western Digital stock jumps 11% as storage shares rally on AI demand signals

Western Digital shares jumped 11.2% to $280.94 Wednesday, hitting a new intraday high of $281.61, as Seagate soared 19.7% on strong data-center demand signals. The S&P 500 topped 7,000 for the first time. Investors are watching Western Digital’s earnings report Thursday for updates on hard drive pricing and volumes. Mizuho raised its price target to $265, citing continued supply tightness.
28 January 2026
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Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate Technology Holdings surged 21% to $448.79 after beating quarterly estimates and raising its outlook above Wall Street forecasts. The rally lifted storage peers and pushed the S&P 500 above 7,000. Seagate projected third-quarter revenue of about $2.9 billion and adjusted EPS of $3.40, both ahead of analyst expectations. Investors await further storage sector earnings Thursday.
28 January 2026
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Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning shares fell 3.2% to $106.18 by late morning Wednesday after volatile trading. The company reported fourth-quarter core sales up 14% to $4.41 billion and expects first-quarter core sales of $4.2–$4.3 billion, above estimates. Corning and Meta announced a U.S. data-center supply deal worth up to $6 billion, driving expansion in North Carolina.
28 January 2026
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Palantir stock price drops as UK defence deal and ICE scrutiny put government work back in focus

Palantir stock price drops as UK defence deal and ICE scrutiny put government work back in focus

Palantir shares fell about 2% to $162.39 in late-morning New York trading Wednesday, bucking gains among other AI stocks. The drop follows news of a £240.6 million UK Ministry of Defence contract and renewed scrutiny of Palantir’s U.S. immigration work. The company reports quarterly results after markets close Feb. 2.
28 January 2026
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Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle shares rose 0.5% to $175.76 Wednesday morning after a 4.1% drop Tuesday. The company blamed a weekend TikTok outage on a weather-related power failure at a data center. California Governor Gavin Newsom said his office is reviewing TikTok’s moderation after the incident. Oracle also announced new cloud deals in Saudi Arabia and a planned cloud region in Kenya.
28 January 2026
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Intel stock price jumps nearly 10% as chip rally lifts INTC; CFO buy draws attention

Intel stock price jumps nearly 10% as chip rally lifts INTC; CFO buy draws attention

Intel shares jumped 9.6% to $48.16 by late morning Wednesday, rebounding from last week’s warning on AI chip supply and cautious outlook. The rally followed strong results from SK Hynix and ASML, lifting semiconductor stocks and pushing the S&P 500 above 7,000. CFO David Zinsner disclosed buying 5,882 shares at $42.50 each. Investors remain focused on Intel’s ability to meet demand and execute its foundry strategy.
28 January 2026
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CoreWeave stock slips in New York as Nvidia deal digested; CRWV traders eye next earnings

CoreWeave stock slips in New York as Nvidia deal digested; CRWV traders eye next earnings

CoreWeave shares fell 1.3% to $107.44 Wednesday after volatile trading, following Nvidia’s $2 billion equity purchase at $87.20 per share. The companies plan to develop over 5 gigawatts of AI data centers by 2030. Investors remain focused on CoreWeave’s financing and power buildout. Nvidia shares rose 1.3% the same day.
28 January 2026
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Ondas stock rises after Optimus drone lands DCMA Blue List approval

Ondas stock rises after Optimus drone lands DCMA Blue List approval

Ondas shares rose nearly 3% Wednesday after its Optimus drone was added to the DCMA Blue List, the U.S. government’s directory of approved commercial drones. The stock reached $12.62 by late morning with heavy trading. Investors are watching for possible federal contract wins and the company’s upcoming earnings report, expected in March.
28 January 2026
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Intel stock price jumps nearly 9% as INTC rebounds with chip shares ahead of Fed decision

Intel stock price jumps nearly 9% as INTC rebounds with chip shares ahead of Fed decision

Intel shares jumped 9% to nearly $48 in early New York trading Wednesday, leading gains among chip stocks after upbeat demand forecasts from SK Hynix and ASML tied to AI growth. Intel CFO David Zinsner bought 5,882 shares at $42.50 each, according to an SEC filing. The Philadelphia Semiconductor Index rose 2.3%. Investors await the Federal Reserve’s policy announcement later today.
28 January 2026
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Broadcom stock price today: AVGO edges up as chip rally lifts S&P 500 above 7,000 ahead of Fed

Broadcom stock price today: AVGO edges up as chip rally lifts S&P 500 above 7,000 ahead of Fed

Broadcom shares edged up 0.1% to $333.23 in early Wednesday trading as chip stocks rose ahead of the Federal Reserve’s rate decision and major tech earnings. The S&P 500 opened above 7,000, while Texas Instruments jumped 7% after forecasting strong AI-driven demand. Investors are watching for signs that AI spending is boosting profits. The Fed’s policy announcement is due at 2 p.m. EST.
28 January 2026
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Stock Market Today

HSBC share price rebounds after BoE vote jolts UK banks — what to watch before Monday

HSBC share price rebounds after BoE vote jolts UK banks — what to watch before Monday

7 February 2026
London, Feb 7, 2026, 08:00 GMT — Market closed. HSBC Holdings Plc shares (HSBA.L) ended Friday higher in London, with the stock closing at 1,305.8 pence (13.06 pounds), up 2.21% on the day after trading between 1,275.4p and 1,307.0p. (Investing.com) The bounce matters now because UK rate expectations are moving again, and lenders sit right on that fault line. When markets bring forward cuts, banks tend to take it on the chin because their lending margins can narrow. Friday’s recovery fit a broader shift in tone. London’s FTSE 100 finished up 0.6%, with bank stocks doing much of the lifting;
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.
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