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Technology 3 February 2026

AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD shares fell 1.1% to $243.50 late Tuesday morning, reversing early gains ahead of the company’s quarterly earnings report due after the close. The drop followed a Reuters report that OpenAI is seeking alternatives to Nvidia AI chips, citing dissatisfaction with inference performance. Nvidia stock fell 3.1%, while Intel rose 2.3%. Investors are awaiting updates on AMD’s data-center and AI accelerator plans.
3 February 2026
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SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk forecast third-quarter revenue of $4.4–$4.8 billion and non-GAAP EPS of $12–$14, sending shares up over 9% after hours. The company posted $3.025 billion revenue and $803 million net profit for Q2, reversing a prior loss. SanDisk extended its Kioxia joint venture to 2034 and committed $1.165 billion to manufacturing services. Memory chip prices are surging amid an “unprecedented” shortage, driven by AI data center demand.
3 February 2026
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Amazon stock slips as AWS flags Europe power-grid delays — with earnings days away

Amazon stock slips as AWS flags Europe power-grid delays — with earnings days away

Amazon shares fell 1.7% to $238.73 Tuesday morning after AWS warned of up to seven-year delays for power-grid connections in Europe, hindering data center expansion. The announcement comes two days before Amazon’s quarterly results, heightening investor focus on cloud and AI spending. The Invesco QQQ Trust dropped 1.1%, while the SPDR S&P 500 ETF slipped 0.4%.
3 February 2026
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Ondas (ONDS) stock price jumps before the bell on Asia-Pacific defense contract, Rotron Aero deal

Ondas (ONDS) stock price jumps before the bell on Asia-Pacific defense contract, Rotron Aero deal

Ondas shares rose 2.7% to $10.64 premarket Tuesday after Airobotics, its subsidiary, won a new defense contract in the Asia-Pacific region. The company also announced a deal to acquire UK-based Rotron Aero, which makes advanced unmanned aerial systems. Ondas plans phased deliveries for the new contract starting this year. Financial terms were not disclosed.
3 February 2026
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Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines shares fell 1.5% to $2.66 in premarket trading Tuesday after soaring 70.9% the previous session. The company announced a partnership with ModulAIre to deliver its AI Studio platform to enterprise clients using IBM systems. A filing showed Consilium Extended Opportunities Fund LP owns 13.61% of Fusemachines’ stock. Trading volume Monday exceeded 198 million shares.
3 February 2026
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Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk shares rose 2.9% in premarket trading Tuesday after a 15.4% surge Monday, last changing hands at $684.17. The company reported fiscal Q2 revenue of $3.03 billion, up 61% year over year, and forecast Q3 revenue between $4.40 billion and $4.80 billion. Traders cited tight memory supply and AI-driven demand as key factors. Sandisk will report next earnings on April 29.
3 February 2026
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Snowflake stock rises premarket after OpenAI deal, AI product rollout puts Feb. 25 earnings in focus

Snowflake stock rises premarket after OpenAI deal, AI product rollout puts Feb. 25 earnings in focus

Snowflake shares rose 1.3% to $193.22 in Tuesday’s premarket after announcing a $200 million partnership with OpenAI and new AI tools in London. The company will report fiscal 2026 earnings on Feb. 25. Jeremy Burton resigned from the board following Snowflake’s acquisition of Observe, Inc., with no disagreement cited. Executives are set to present at Morgan Stanley’s tech conference on March 3.
3 February 2026
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Teradyne stock jumps 23% in premarket after AI-driven outlook tops estimates

Teradyne stock jumps 23% in premarket after AI-driven outlook tops estimates

Teradyne shares jumped 22.8% to $306.50 in premarket trading after the company projected first-quarter revenue and adjusted EPS well above analyst estimates. The chip test-equipment maker reported a 44% rise in Q4 revenue to $1.083 billion, led by strong semiconductor test demand. Analysts cited AI-driven data center growth as a key factor. Teradyne’s earnings call is set for 8:30 a.m. ET Tuesday.
3 February 2026
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ST Engineering stock rises in Singapore as MRO upgrade and satellite plans keep earnings in focus

ST Engineering stock rises in Singapore as MRO upgrade and satellite plans keep earnings in focus

ST Engineering shares rose 1.2% to S$9.92 in Singapore afternoon trading after announcing expanded aircraft maintenance services and new satellite projects. The company unveiled a larger unmanned cargo drone at the Singapore Airshow and plans to launch a laser-communications satellite in late 2026. Full-year results are due before market open on Feb. 27.
3 February 2026
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Lynas Rare Earths share price jumps after Trump’s Project Vault shakes up rare earth supply talk

Lynas Rare Earths share price jumps after Trump’s Project Vault shakes up rare earth supply talk

Lynas Rare Earths shares rose 3.3% to A$15.25 Tuesday after Trump’s “Project Vault” mineral reserve plan and ahead of further White House comments. The stock rebounded from last week’s drop, when reports of a U.S. retreat from price floor talks triggered sharp losses across the sector. Japan recovered rare-earth-rich seabed mud, while TDK warned of Chinese export limits disrupting supplies. Lynas quarterly revenue rose to A$201.9 million despite lower output.
3 February 2026
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Xero share price jumps on AI push and fresh US payments numbers — here’s what investors watch next

Xero share price jumps on AI push and fresh US payments numbers — here’s what investors watch next

Xero shares rose 2.6% to A$96.10 after an investor briefing outlined AI and U.S. payments plans. The company expects Melio to reach adjusted-EBITDA breakeven by H2 FY28. BillPay payments revenue jumped 74% to NZ$158 million in FY25, while U.S. gross margin slipped to 38%. Xero will update its guidance framework with full-year results on May 14.
3 February 2026
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AppLovin stock rebounds after Google ‘Project Genie’ selloff as Feb. 11 earnings loom

AppLovin stock rebounds after Google ‘Project Genie’ selloff as Feb. 11 earnings loom

AppLovin shares rose 2.1% to $483.00 Monday and gained another 1% after hours, rebounding from Friday’s 17% plunge triggered by Google’s “Project Genie” launch. Analyst reports downplayed long-term risks from Alphabet’s AI tool, maintaining bullish ratings and high price targets. Volatility spiked as investors weighed AI’s impact on mobile gaming and awaited AppLovin’s Feb. 11 earnings report.
3 February 2026
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Lam Research Corporation stock price rises after-hours on CEA-Leti pact — what to watch next

Lam Research Corporation stock price rises after-hours on CEA-Leti pact — what to watch next

Lam Research shares rose 1.7% to $237.50 Monday and gained another 1.2% after hours following news of a multi-year R&D partnership with CEA-Leti targeting specialty chip technologies. The company’s quarterly results and forecasts topped Wall Street estimates. Investors remain cautious ahead of macroeconomic data that could impact chip stocks. The new deal centers on research, with no immediate sales expected.
3 February 2026
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Alphabet GOOG stock closes higher after-hours as Waymo lands $16B round and earnings loom

Alphabet GOOG stock closes higher after-hours as Waymo lands $16B round and earnings loom

Alphabet’s Class C shares (GOOG) rose 1.9% to $344.90 in late trading Monday after Waymo announced $16 billion in new funding at a $126 billion valuation. Options markets signal a possible swing of over 5% in GOOG shares around this week’s earnings. Waymo now delivers over 400,000 paid rides weekly but faces a federal probe after a vehicle struck a child in California.
3 February 2026
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Stock Market Today

  • Kirby Corporation Shares Show Strong Growth But Valuation Highlights Potential Risks
    June 6, 2026, 12:37 AM EDT. Kirby Corporation (KEX) has surged by 26% year-to-date, with a 111% gain over five years, attracting investor interest. Despite a recent pullback, the stock rose 10.54% over 90 days and delivers a 25.74% annual shareholder return. Trading at $141.05, Kirby is estimated to be 15.2% undervalued against a fair value of $166.33, based on future earnings projections and industry dynamics like limited barge capacity and rising charter rates. The stock trades at a price-to-earnings (P/E) ratio of 21x, above industry and peer averages, indicating potential valuation risk if growth falters. Key uncertainties include possible weakness in US petrochemical volumes and rising costs impacting profit margins. Investors are urged to weigh these risks against the positive momentum in Kirby's transport-linked sector.

Latest articles

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

6 June 2026
U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
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