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Technology 24 February 2026 - 25 February 2026

Cipher Mining (CIFR) stock rises premarket as it rebrands to Cipher Digital and leans into data centers

Cipher Mining (CIFR) stock rises premarket as it rebrands to Cipher Digital and leans into data centers

Cipher Mining shares rose 1.1% to $17.30 in premarket trading after the company rebranded as Cipher Digital and reported a $734.2 million GAAP net loss for the quarter. The firm said it now has 600 MW of contracted high-performance computing capacity and $3.73 billion in project bond financings. Cipher sold its stakes in three mining sites to Canaan Inc. in a $40 million all-stock deal. Fourth-quarter revenue was $60 million, with an adjusted net loss of $55 million.
25 February 2026
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AMD stock rises in premarket as Meta AI-chip pact puts 160 million-share warrant under a microscope

AMD stock rises in premarket as Meta AI-chip pact puts 160 million-share warrant under a microscope

AMD rose about 0.8% to $215.50 in premarket trading Wednesday after announcing a multi-year deal with Meta to supply up to 6 gigawatts of Instinct GPUs. Meta received a performance-based warrant for up to 160 million AMD shares, vesting in tranches tied to chip shipments and stock-price targets. Reuters reported the agreement could reach $60 billion over five years.
25 February 2026
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AMD stock steadies before the open after Meta AI chip deal, 160 mln-share warrant

AMD stock steadies before the open after Meta AI chip deal, 160 mln-share warrant

AMD shares rose 0.4% in premarket trading after announcing a five-year AI chip supply deal with Meta worth up to $60 billion. The agreement gives Meta a warrant to buy up to 10% of AMD stock at $0.01 per share, tied to shipment and stock-price milestones. The deal comes hours before Nvidia’s earnings report, which investors are watching for AI chip demand signals.
25 February 2026
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Western Digital (WDC) stock price drops 3.5% despite debt payoff filing and S&P upgrade

Western Digital (WDC) stock price drops 3.5% despite debt payoff filing and S&P upgrade

Western Digital shares closed down 3.5% at $270.57 Tuesday, then rose 0.1% after hours. The company eliminated its Series A preferred stock and redeemed senior notes due 2029 and 2032, according to an SEC filing. S&P Global Ratings raised its credit rating to investment grade after the debt reduction. CEO Irving Tan and chief legal officer Cynthia Tregillis reported insider share transactions.
25 February 2026
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Broadcom stock dips after the bell as UBS flags VMware churn risk ahead of earnings

Broadcom stock dips after the bell as UBS flags VMware churn risk ahead of earnings

Broadcom shares fell 0.7% to $325.49 in after-hours trading Tuesday ahead of its March 4 earnings report. UBS reiterated a Buy rating and $475 target but flagged renewal risks in VMware contracts. Investors are focused on margins, AI-chip demand, and software growth tied to VMware. Broadcom also issued security patches for VMware Aria Operations this week.
24 February 2026
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Keysight stock price surges after upbeat forecast; AI data-center demand puts KEYS in focus

Keysight stock price surges after upbeat forecast; AI data-center demand puts KEYS in focus

Keysight Technologies shares surged 21% to $296 Tuesday after forecasting second-quarter profit above Wall Street estimates, driven by strong data center demand. Fiscal first-quarter revenue rose to $1.60 billion from $1.30 billion a year earlier, with orders up to $1.645 billion. BofA Securities upgraded the stock and raised its price target to $340. Keysight also announced a cybersecurity partnership with Cybeats.
24 February 2026
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Corning stock (GLW) jumps again as AI data-center cable demand keeps the rally moving

Corning stock (GLW) jumps again as AI data-center cable demand keeps the rally moving

Corning shares climbed nearly 4% Tuesday, hitting a new 52-week high of $152.91 before trading at $150.99 in afternoon action. The stock has surged on heavy volume following a $6 billion supply deal with Meta and rising earnings forecasts. Monday’s close marked a second straight session of gains, with volume more than double the 50-day average. Investors await upcoming conference appearances and the next dividend record date.
24 February 2026
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Lumentum stock hits fresh high as traders lean into AI optics demand

Lumentum stock hits fresh high as traders lean into AI optics demand

Lumentum shares hit $688.27 before easing to $674.73, up about 1.1% in late-morning New York trading Tuesday, with volume at 4.5 million shares. The move follows strong demand for optical circuit switches and co-packaged optics tied to AI data centers. Investors await management’s investor briefing at OFC on March 17. Peers traded mixed, while the broader semiconductor ETF slipped 0.7%.
24 February 2026
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Alphabet (GOOG) stock slips as Google data center power deal puts AI spending back in focus

Alphabet (GOOG) stock slips as Google data center power deal puts AI spending back in focus

Alphabet Class C shares fell 0.8% to $309.13 in morning trading Tuesday, trailing a stronger Nasdaq. Xcel Energy said it will supply power for a new Google data center in Minnesota, with Google funding 1,900 megawatts of new capacity. Wells Fargo upgraded Alphabet to Overweight and raised its price target to $387. Investors await Nvidia’s earnings for signals on AI spending.
24 February 2026
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AMD stock price jumps after Meta AI chip deal includes 10% stake option

AMD stock price jumps after Meta AI chip deal includes 10% stake option

AMD shares rose 7% to $210.30 after Meta agreed to buy up to $60 billion in AI chips over five years, with a warrant to purchase up to 160 million AMD shares at $0.01 each. The warrant vests in tranches tied to shipment and stock price milestones, running until February 2031. First shipments are scheduled for the second half of 2026. Traders await Nvidia’s earnings on Feb. 25.
24 February 2026
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Microsoft stock steadies near $385 as AI spending worries set the tone for MSFT

Microsoft stock steadies near $385 as AI spending worries set the tone for MSFT

Microsoft shares rose 0.2% to $385.28 in early Tuesday trading after a 3.2% drop the previous session. Bridgewater Associates estimated Big Tech could spend $650 billion on AI infrastructure this year, warning of downside risk. Investors are watching Nvidia’s earnings Wednesday for signals on AI demand. Microsoft CEO Satya Nadella is scheduled to speak at a Morgan Stanley conference on March 4.
24 February 2026
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Micron stock price rises as chip trade steadies ahead of Nvidia earnings

Micron stock price rises as chip trade steadies ahead of Nvidia earnings

Micron shares rose about 1.5% to $427.08 in early Tuesday trading, rebounding after a tariff-driven selloff. Investors focused on AI hardware demand and upcoming Nvidia results, while broader markets stayed flat. AMD announced a $60 billion AI chip deal with Meta, lifting chip sentiment. Tariff uncertainty and supply constraints continued to weigh on the sector.
24 February 2026
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SanDisk stock steadies after Citron short call; SNDK traders watch next catalysts

SanDisk stock steadies after Citron short call; SNDK traders watch next catalysts

Sandisk shares rose 1.3% to $675.19 Tuesday morning after Citron Research disclosed a short position and warned the NAND chip shortage could end quickly. The stock dipped briefly after Citron’s post before rebounding. Citron cited rising competition, especially from Samsung, as a risk. Investors are watching Sandisk’s conference appearances starting Feb. 25 for updates.
24 February 2026
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Varonis stock rebounds after 11% slide as fresh shareholder lawsuit filing hits tape

Varonis stock rebounds after 11% slide as fresh shareholder lawsuit filing hits tape

Varonis Systems shares rose about 2.4% to $21.59 Tuesday morning after plunging 11% the previous day. A law firm said a securities class action was filed for investors who bought between Feb. 4 and Oct. 28, 2025, with a lead-plaintiff deadline set for March 9. The company remains under scrutiny as it shifts to SaaS subscriptions and faces a projected $30–$50 million 2026 revenue hit from government clients not converting.
24 February 2026
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Stock Market Today

  • Qualcomm Stock Valuation: Overvalued Despite Strong Gains, Trading at $242.57
    June 5, 2026, 11:51 AM EDT. Qualcomm (QCOM) shares slipped 2.98% to $242.57 but posted a strong 30-day return of 30.03% and a 90-day gain of 78.77%, resulting in a 1-year total shareholder return of 67.85%. Despite this momentum, the company is considered 44% overvalued with a fair value estimate of $168.50, reflecting concerns about execution risks in new AI and data center diversification. Qualcomm trades at a price-to-earnings (P/E) ratio of 25.8x, below the US semiconductor sector average of 67.9x, suggesting mixed signals on valuation. Investors must weigh strong growth prospects in automotive and IoT against regulatory scrutiny and unproven segments.

Latest articles

BioCardia Jumps After FDA Feedback Seen Positive for CardiAMP Approval

BioCardia Jumps After FDA Feedback Seen Positive for CardiAMP Approval

5 June 2026
BioCardia shares soared 52% to $1.40 after FDA meeting minutes confirmed its CardiAMP HF II trial may support a PMA for heart-failure cell therapy, bucking a weak biotech sector; the move highlights investor focus on regulatory progress, though risks remain with cash needs and Nasdaq compliance.
SOXL Up 433% This Year But Stalls as Chip Stocks Drop

SOXL Up 433% This Year But Stalls as Chip Stocks Drop

5 June 2026
SOXL plunged 14.6% to $224.36 as chip stocks tumbled after strong U.S. jobs data fueled rate-hike fears, erasing part of its 433% year-to-date rally and spotlighting the risks of triple-leveraged ETFs, which can magnify losses as quickly as gains.
Costco Gas Sees Jump in Sales, but the $65 Membership Still Applies

Costco Gas Sees Jump in Sales, but the $65 Membership Still Applies

5 June 2026
Costco’s May sales surged 14.5% as booming gasoline business and higher pump prices fueled a $662 million sales boost, driving net sales to $24.01 billion and pushing shares up $16.40 to $988.75 Friday, with executives citing record fuel demand and price-conscious shoppers flocking to Costco’s cheaper pumps.
Dow slips in New York after jobs data boosts rate-hike talk

Dow slips in New York after jobs data boosts rate-hike talk

5 June 2026
Dow slips 0.21% as stronger-than-expected U.S. jobs report sends Treasury yields higher, raising chances of a Fed rate hike before year-end to 98% and pressuring stocks—tech and chip shares tumble, while defensive sectors gain, with Cisco and IBM dragging the Dow and the S&P 500 on track for its first weekly loss since April.
AI-driven stocks stall on Wall Street after jobs report shakes chip sector

AI-driven stocks stall on Wall Street after jobs report shakes chip sector

5 June 2026
Chip stocks plunged Friday, with Broadcom down 4.5% and Nvidia 3.7%, after a stronger-than-expected May jobs report fueled fears the Fed may delay or reverse rate cuts, slamming AI-linked shares that powered this year’s rally; Broadcom’s revenue and AI chip forecast missed Wall Street estimates, triggering a 4.7% drop in the semiconductor ETF as investors demanded perfection.
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