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Technology News 23 January 2026

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.
Applied Materials (AMAT) stock rises on Deutsche Bank upgrade as chip-tool outlook comes back into focus

Applied Materials (AMAT) stock rises on Deutsche Bank upgrade as chip-tool outlook comes back into focus

Applied Materials shares rose about 1% to $321.96 by midday Friday after Deutsche Bank upgraded the stock to Buy and raised its price target to $390. Around 2.6 million shares traded as the stock neared a 52-week high. The upgrade cited a stronger outlook for wafer fab equipment demand in 2026–27. Applied will report fiscal Q1 results and update guidance on Feb. 12.
Uber stock steadies as NYC tipping-law setback hits Uber Eats and robotaxi fears linger

Uber stock steadies as NYC tipping-law setback hits Uber Eats and robotaxi fears linger

Uber shares rose 0.2% to $82.75 after a U.S. judge rejected a bid to block New York City’s new delivery-app tipping rules. DoorDash gained 1%, while Lyft slipped 0.5%. Tesla’s robotaxi launch in Austin without safety monitors drew investor attention but left its stock little changed. New York’s state comptroller filed a shareholder proposal urging Uber to report on handling sexual harassment and assault claims.
Broadcom stock slides in regular trade as chip jitters return; AVGO eyes Fed week

Broadcom stock slides in regular trade as chip jitters return; AVGO eyes Fed week

Broadcom shares fell 2.7% to $316.78 Friday morning after a U.S. government contract put its VMware unit in focus. Chip stocks dropped as traders weighed earnings forecasts ahead of next week’s Federal Reserve meeting. Intel slid 14.9% on a weak outlook, pulling the Philadelphia Semiconductor Index down 1.6%. The federal “OneGov” deal offers agencies up to 64% off VMware software through May 2027.
AMD stock rises again: Advanced Micro Devices extends rally as traders eye earnings and AI-server demand

AMD stock rises again: Advanced Micro Devices extends rally as traders eye earnings and AI-server demand

AMD shares rose 3.6% to $262.86 in early New York trading Friday, heading for a ninth straight gain and the longest winning streak in nearly six years. The rally comes ahead of AMD’s Feb. 3 earnings report, with investors focused on demand for server processors and data center AI. Intel shares fell after a weak forecast. AMD touched $266.76 before paring gains.
Sandisk stock price today: SNDK holds near $500 as short-squeeze talk and filings keep traders wary

Sandisk stock price today: SNDK holds near $500 as short-squeeze talk and filings keep traders wary

Sandisk shares traded at $503.44 early Friday after BlackRock disclosed a 6% stake and insider Kimberly Alexy filed to sell shares. Short interest rose to 7.5% of the float, with about $3 billion in unrealized losses for short sellers. The stock is up 112% this year, with earnings due Jan. 29. Trading volume Thursday reached 20.48 million shares.
23 January 2026
Meta stock jumps nearly 6% as Threads ad rollout widens and earnings loom

Meta stock jumps nearly 6% as Threads ad rollout widens and earnings loom

Meta Platforms shares jumped 5.7% to $647.63 by 9:38 a.m. ET Friday, extending a rally ahead of next week’s earnings and a Federal Reserve decision. Threads will begin global ad rollout next week, targeting over 400 million users. Britain’s Ofcom opened an investigation into Meta’s WhatsApp disclosures. Meta reports Q4 and full-year results after markets close Jan. 28.
Robo.ai stock price jumps before the bell on Ghazi Group AI infrastructure deal (AIIO)

Robo.ai stock price jumps before the bell on Ghazi Group AI infrastructure deal (AIIO)

Robo.ai shares jumped about 25% to 33 cents in premarket trading Friday after announcing a three-year reseller deal with The Ghazi Group targeting MENA and Southeast Asia, with projected revenue over $100 million. The stock remains below Nasdaq’s $1 minimum, leaving the company at risk of delisting if it fails to regain compliance by June 8, 2026.
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Alphabet stock drops for a fourth straight day as AI spending jitters linger

Alphabet stock drops for a fourth straight day as AI spending jitters linger

7 February 2026
Alphabet shares fell 2.53% to $322.86 Friday, marking a fourth straight decline as investors questioned heavy AI-related spending. The Nasdaq slipped Thursday after Alphabet detailed up to $185 billion in capex, while the Dow and S&P 500 rose Friday on chipmaker gains. U.S. markets reopen Monday, with attention on Alphabet’s outlook and upcoming jobs and inflation data.
BBAI stock jumps 16% into BigBear.ai share-vote week — what to watch next

BBAI stock jumps 16% into BigBear.ai share-vote week — what to watch next

7 February 2026
BigBear.ai Holdings shares surged 15.7% Friday to $4.72 ahead of a key shareholder vote on doubling authorized shares to 1 billion. Options trading was heavy, with a put/call ratio of 0.19. The company recently announced deals in AI customs technology and a partnership with Abu Dhabi’s AD Ports Group. The special meeting is set for Feb. 18, with online voting open until late Feb. 17.
American Airlines stock jumps nearly 8% as airlines rally — what to watch next week

American Airlines stock jumps nearly 8% as airlines rally — what to watch next week

7 February 2026
American Airlines shares jumped 7.6% to $15.24 Friday, rebounding with a broad rally that sent the Dow past 50,000 for the first time. Investors are watching the carrier’s battle with United at Chicago O’Hare, where a summer capacity surge could trigger a fare war. American also announced new Philadelphia–Porto service for 2027 and launched a centennial inflight menu.
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