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Technology News 16 January 2026 - 17 January 2026

Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

New York, Jan 17, 2026, 04:57 EST — The market has closed. Riot Platforms shares jumped Friday following the bitcoin miner’s announcement of its first data-center lease with Advanced Micro Devices, marking a move further into the AI infrastructure space. The stock climbed $2.66, roughly 16%, closing at $19.24 amid heavy trading. This move is significant as Riot aims to transform its energy-intensive mining operations into a more stable business model, selling capacity to major computing clients. Securing a long-term deal with a blue-chip tenant could shift the focus away from bitcoin’s daily volatility and toward the company’s buildout and
Singtel stock price holds at S$4.49 as NCS CEO exit and AI push shape the week ahead

Singtel stock price holds at S$4.49 as NCS CEO exit and AI push shape the week ahead

Singapore, January 17, 2026, 15:09 SGT — The market has closed. Shares of Singapore Telecommunications Ltd (Singtel) (SGX: Z74) closed flat at S$4.49 on Friday as the market wrapped up for the weekend. NCS, the group’s IT services arm, announced that CEO Ng Kuo Pin will step down on April 1. Deputy CEO Sam Liew is set to take the helm. The stock fluctuated between S$4.46 and S$4.52, with roughly 14.7 million shares traded. (ShareInvestor) The leadership shift refocuses attention on execution over strategy. For Singtel, NCS remains a key lever to expand beyond the saturated consumer telecom market, where
Why Qualcomm (QCOM) stock slipped before the long weekend — dividend, board exit, tariffs

Why Qualcomm (QCOM) stock slipped before the long weekend — dividend, board exit, tariffs

New York, Jan 16, 2026, 20:51 EST — Market closed QUALCOMM Incorporated shares dropped 1.2% on Friday, closing at $159.42, having fluctuated between $159.22 and $162.49 during the session. The move came after a volatile week for U.S. stocks, just before the market closes Monday for the Martin Luther King Jr. holiday. “Historically the middle part of January tends to be pretty choppy,” said Bruce Zaro, managing director at Granite Wealth Management. (Reuters) Qualcomm investors are holding their breath ahead of the next big event: the company’s fiscal first-quarter earnings call set for Feb. 4 at 1:45 p.m. Pacific time.
Amphenol stock stays in focus after ADC India open offer terms; Goldman, BofA lift targets

Amphenol stock stays in focus after ADC India open offer terms; Goldman, BofA lift targets

New York, Jan 16, 2026, 7:58 PM ET — After-hours Shares of Amphenol Corp closed mostly flat on Friday following the company’s announcement of terms for a mandatory tender offer in India, linked to its recently completed cable and connectivity acquisition. This matters because APH has turned into a popular play on the data-center buildout, without the need to pick chipmakers. Investors have rushed into fresh targets, snapping up anything that hints the CommScope asset integration is progressing. Traders are beginning to factor in guidance risk as Amphenol’s upcoming earnings date approaches, shifting focus away from the momentum of the
Uber stock ticks up as Kroger rolls out grocery delivery on Uber Eats nationwide

Uber stock ticks up as Kroger rolls out grocery delivery on Uber Eats nationwide

New York, January 16, 2026, 19:44 (EST) — Trading in after-hours. Shares of Uber Technologies (UBER.N) crept up roughly 0.5% to $84.85 in after-hours trading Friday following the launch of a nationwide grocery delivery service with The Kroger Co (KR.N). During the regular session, the stock fluctuated between $83.01 and $85.01. Meanwhile, ride-hailing rival Lyft (LYFT.O) dropped 2.9%, and food delivery competitor DoorDash (DASH.N) declined 2.3%. Why it matters now: Uber is pushing deeper into groceries and everyday retail—sectors where orders come in more frequently than restaurant meals. Expanding its grocery presence not only keeps couriers on the move but
IBM stock jumps Friday, then steadies after-hours as Sovereign Core launch and earnings date come into focus

IBM stock jumps Friday, then steadies after-hours as Sovereign Core launch and earnings date come into focus

NEW YORK, Jan 16, 2026, 19:31 EST — After-hours International Business Machines Corp (IBM) shares rose 2.6%, closing at $305.67 on Friday. Volume exceeded the stock’s 50-day average. The price remains roughly 6% shy of its 52-week peak. In after-hours trading, IBM hovered near $305.43. (MarketWatch) Timing is key. IBM aims to offer a clearer solution for “digital sovereignty”—maintaining control, keys, and oversight within a jurisdiction—right as companies ramp up AI use in sensitive areas and regulators intensify scrutiny. IBM announced Thursday the launch of “IBM Sovereign Core,” a new software aimed at enterprises, governments, and service providers seeking to
Western Digital (WDC) stock price: Analysts lift targets as SanDisk stake sale, earnings loom

Western Digital (WDC) stock price: Analysts lift targets as SanDisk stake sale, earnings loom

New York, January 16, 2026, 19:13 EST — After-hours trading session Western Digital shares slipped 0.2% in after-hours trading Friday, despite price target upgrades from Evercore ISI and Susquehanna. Evercore bumped its target to $230 from $190, while Susquehanna raised theirs sharply to $205 from $135. (TipRanks) The calls arrive just before a holiday-shortened week, as U.S. equity and options markets shut down Monday for Martin Luther King Jr. Day. Trading picks back up Tuesday. Such a calendar often squeezes liquidity and can amplify swings around analyst reports and early earnings news. (NASDAQ Trader) Investors are keeping an eye on
Bloom Energy stock price jumps to a fresh 52-week high as data-center power crunch trade rolls on

Bloom Energy stock price jumps to a fresh 52-week high as data-center power crunch trade rolls on

New York, January 16, 2026, 18:14 EST — Trading after hours. Bloom Energy shares jumped 7.4% to close at $149.50 on Friday, hitting an intraday peak of $150.84—a fresh 52-week high. The stock edged up another 0.6% to $150.40 in after-hours trading. (Investing.com) The rally comes as Washington and grid operators zero in on supply challenges driven by large data centers. On Friday, the White House called on PJM Interconnection to hold an emergency procurement auction to prevent blackouts. PJM responded with a plan that would require big data centers to “bring your own generation” or face curtailments during peak
Super Micro Computer (SMCI) stock price jumps 11% after-hours — chip rally and options expiry set up next week

Super Micro Computer (SMCI) stock price jumps 11% after-hours — chip rally and options expiry set up next week

New York, Jan 16, 2026, 18:17 (EST) — After-hours Super Micro Computer shares jumped roughly 11% to $32.64 in after-hours trading on Friday, after fluctuating between $29.62 and $32.97 during the session. Around 78.8 million shares traded hands. Chip stocks rallied into the close, pushing an index of semiconductors up 1.2% as U.S. markets edged higher ahead of the long weekend. Friday also saw monthly options expiration, a factor known to amplify moves late in the session. Ameriprise’s Anthony Saglimbene noted most investors would “take that as a win” with the S&P 500 hovering near 7,000. Granite Wealth’s Bruce Zaro
Micron stock jumps on $7.8 million insider buy as memory-chip rally rolls on

Micron stock jumps on $7.8 million insider buy as memory-chip rally rolls on

NEW YORK, Jan 16, 2026, 17:05 (ET) — After-hours trading. Micron Technology (MU.O) shares surged on Friday following a director’s announcement of a significant open-market buy, giving fresh momentum to an already red-hot memory-chip rally. The stock climbed as much as 7.8%, hitting $362.75, with an intraday peak at $365.59. Timing is key. Chip stocks held steady since Thursday following Taiwan Semiconductor Manufacturing’s upbeat annual growth forecast and its plans to boost U.S. manufacturing capacity, which kept buyers interested in the sector through the weekend. (Reuters) Micron remains in the spotlight, and this particular trade offered the market a clear
CoreWeave stock jumps on JPMorgan “back on track” data-center call as lawsuit risk surfaces

CoreWeave stock jumps on JPMorgan “back on track” data-center call as lawsuit risk surfaces

New York, January 16, 2026, 16:49 EST — After-hours CoreWeave shares rose roughly 6.4% to $101.23 in after-hours trading Friday, after moving between $95.84 and $102.95 during the regular session. This shift is significant as the AI-centric cloud infrastructure company has been grappling with execution risk — specifically, whether it can ramp up new data-center capacity quickly enough to meet contract demand without hitting snags like delays, power shortages, or rising financing expenses. The pressure intensified sharply in late 2025, after a delay at a data center sparked a steep selloff, prompting investors to search for any signals that the
AST SpaceMobile stock jumps on SHIELD award: what’s driving ASTS after hours

AST SpaceMobile stock jumps on SHIELD award: what’s driving ASTS after hours

NEW YORK, Jan 16, 2026, 16:39 EST — After-hours Shares of AST SpaceMobile surged roughly 14% in after-hours Friday, closing at $115.77. The satellite-to-phone company announced it secured a key spot on a U.S. missile-defense contracting program. The significance lies in SHIELD being a contract vehicle that allows the Missile Defense Agency and other defense entities to issue task orders over time. For a company still expanding its network, landing on this list can shift the focus quickly — from consumer connectivity to defense projects. The Missile Defense Agency announced Thursday it has handed out 340 additional awards under SHIELD,
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Stock Market Today

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

7 February 2026
Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

7 February 2026
PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.
Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

7 February 2026
Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
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