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Technology 9 February 2026 - 10 February 2026

AppLovin stock price rises again after CapitalWatch apology, with APP earnings up next

AppLovin stock price rises again after CapitalWatch apology, with APP earnings up next

AppLovin shares rose about 3% to $474.31 Tuesday morning, extending a rebound after CapitalWatch retracted parts of its allegations about shareholder Tang Hao. The stock jumped 13% Monday after the correction and apology. Jefferies called recent fears “overblown” and reaffirmed a buy rating. AppLovin reports quarterly results after the bell on Feb. 11.
Meta stock nudges lower as EU targets WhatsApp AI rules and court revives privacy-fine fight

Meta stock nudges lower as EU targets WhatsApp AI rules and court revives privacy-fine fight

Meta shares slipped 0.2% to $675.62 after EU regulators warned they may force the company to allow rival AI assistants on WhatsApp, citing competition concerns over rules effective since Jan. 15. The European Commission sent Meta a formal charge sheet and is considering interim measures. Separately, the EU’s top court said WhatsApp can challenge a €225 million privacy fine.
Broadcom (AVGO) stock slips at the open as Cisco targets its AI networking turf

Broadcom (AVGO) stock slips at the open as Cisco targets its AI networking turf

Broadcom shares slipped 0.25% to $343.09 early Tuesday after a 3.31% jump in the previous session. Cisco launched its Silicon One G300 switch chip for AI data centers, entering a market where Broadcom’s Tomahawk chips compete. Investors await U.S. payrolls data Wednesday, CPI Friday, and Broadcom’s earnings on March 4. Broadcom stock remains 17% below its 52-week high.
Snap stock jumps in premarket after analyst upgrade as SNAP tries to rebound

Snap stock jumps in premarket after analyst upgrade as SNAP tries to rebound

Snap Inc. shares rose 3.7% to $5.38 in premarket trading after Arete Research upgraded the stock to buy and trimmed its price target to $7.30. The move follows a volatile stretch after Snap’s quarterly results and a new $500 million buyback plan. Snap ended Monday at $5.19, near the bottom of its 52-week range. Analyst sentiment remains cautious, with most ratings at “Hold.”
10 February 2026
Cisco’s new AI networking chip puts Nvidia and Broadcom back in the AI stocks spotlight

Cisco’s new AI networking chip puts Nvidia and Broadcom back in the AI stocks spotlight

Cisco unveiled its Silicon One G300 networking chip for AI data centers Tuesday, targeting a market dominated by Nvidia and Broadcom. Cisco shares closed at a 52-week high Monday, up 2.3% to $86.78. The chip, built on TSMC’s 3-nanometer process, is set for release in the second half of 2026. Investors await Cisco’s earnings report on Feb. 11 for signs of AI demand.
Credo Technology stock jumps again in premarket after surprise revenue lift

Credo Technology stock jumps again in premarket after surprise revenue lift

Credo shares jumped 16.6% to $143.88 in premarket trading after the company projected fiscal Q3 revenue of $404 million to $408 million, well above prior guidance. The company flagged over 200% revenue growth for fiscal 2026 and expects mid-single-digit sequential growth into Q4. Full results are due March 2. The revenue figures are preliminary and unaudited.
Oracle stock snaps back after OpenAI upgrade call — $50 billion fundraising looms

Oracle stock snaps back after OpenAI upgrade call — $50 billion fundraising looms

Oracle shares jumped 9.7% to $156.59 Monday after D.A. Davidson upgraded the stock, citing easing concerns over its OpenAI exposure. Oracle plans to raise up to $50 billion in 2026 through debt and equity, including a $20 billion at-the-market share program. Melius Research downgraded Oracle, warning of cash flow risks and competition from Anthropic and Google. Microsoft and Nvidia also posted gains Monday.
Snowflake stock price jumps nearly 5% as Jefferies calls AI fears “too harsh”

Snowflake stock price jumps nearly 5% as Jefferies calls AI fears “too harsh”

Snowflake shares rose 4.6% to $175.95 in after-hours trading Monday, outpacing other software stocks as the sector rebounded from last week’s selloff. Jefferies reiterated a Buy rating and $300 price target, calling the recent slide excessive. Investors await U.S. inflation data on Feb. 13 and Snowflake’s earnings report on Feb. 25. Trading volume reached about 8.8 million shares.
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Stock Market Today

  • Investors Respond to CSL's US$5bn Vifor Impairment and FY26 Guidance Cut
    June 5, 2026, 4:07 PM EDT. CSL Limited lowered its FY26 revenue guidance to US$15.2 billion and announced a significant US$5 billion non-cash impairment primarily linked to CSL Vifor, impacting investor confidence. The impairment reflects past capital allocation challenges and pressures on CSL's iron therapies segment. The company aims to achieve US$500-550 million in annual cost savings by FY28 through an operational transformation program. Despite these setbacks, CSL projects long-term revenue of US$17.2 billion and earnings of US$3.3 billion by 2029, suggesting a potential 49% upside to the current share price. Market analysts remain cautious amid reset expectations, underscoring risks related to Vifor's impaired returns and pricing pressures on CSL's core plasma, vaccines, and iron therapies franchises.

Latest articles

Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

5 June 2026
Oil prices tumbled Friday as traders saw less risk of U.S.-Iran conflict escalation, with Brent settling at $93.09 and WTI at $90.54, down 2.04% and 2.69% respectively, even as global oil inventories hit “unheard of” lows and analysts warn a prolonged disruption could trigger a second price shock if summer demand drains remaining stockpiles.
TerraVest Shares Drop 30% After Chairman Allegations

TerraVest Shares Drop 30% After Chairman Allegations

5 June 2026
TerraVest shares plunged over 30% to a 52-week low after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal, with Quebec’s AMF suspecting C$6.8 million in illicit gains; no charges have been filed, but the governance shock triggered a sharp, high-volume selloff.
AT&T Shares Rebound as SpaceX Threat Stays Front and Center

AT&T Shares Rebound as SpaceX Threat Stays Front and Center

5 June 2026
AT&T shares rose 1.1% to $23.02 Friday, rebounding from this week’s selloff as Oppenheimer warned SpaceX’s Starlink could disrupt the $1.6 trillion U.S. communications industry, cutting AT&T’s rating and removing its $32 price target; investors now weigh steady fiber and cash returns against risks from Starlink’s June 12 Nasdaq debut at a $1.75 trillion valuation.
Peso falls after U.S. jobs surprise resets Fed expectations

Peso falls after U.S. jobs surprise resets Fed expectations

5 June 2026
The Mexican peso tumbled over 1% to 17.47 per dollar after a stronger-than-expected U.S. jobs report boosted Treasury yields and the greenback, erasing Thursday’s rally and raising odds of a Fed rate hike this year, with investors shifting away from emerging-market currencies.
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