Today: 7 February 2026
Subscribe
Browse Category

Technology News 4 February 2026 - 5 February 2026

Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm shares fell 11.1% to $132.34 in premarket trading after forecasting weaker March-quarter revenue and earnings due to global memory-chip shortages. CEO Cristiano Amon said supply bottlenecks and rising prices are limiting handset production, especially in China. The company projected fiscal Q2 revenue of $10.2–$11.0 billion and non-GAAP EPS of $2.45–$2.65. Investors await the next update on May 6.
5 February 2026
···
WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global shares fell 2.6% to A$49.92 Thursday, extending a two-day loss to 13% and hitting a 52-week low. Trading volume surged to 4.08 million shares. The S&P/ASX 200 Information Technology sector dropped 9.4% amid global concerns over AI’s impact on software firms. Investors await WiseTech’s interim results on Feb. 25 for further guidance.
5 February 2026
····
CrowdStrike stock slides again: AI jitters, insider filings and March earnings loom

CrowdStrike stock slides again: AI jitters, insider filings and March earnings loom

CrowdStrike shares fell 1.5% to $415.36 Wednesday, extending a six-day losing streak and leaving the stock 27% below its November peak. Trading volume hit 4.7 million shares. The drop followed insider sale disclosures and a broader $830 billion selloff in software stocks amid AI disruption fears. Investors now await CrowdStrike’s March 3 earnings report.
5 February 2026
·······
Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake shares fell 4.6% to $165.29 Wednesday, extending a 13% slide since Monday. Product EVP Christian Kleinerman sold 10,000 shares at $197.09 each, a filing showed. The company closed its acquisition of Observe and announced new AI tools at its Build London event. Investors await Feb. 25 earnings for signs of demand and AI adoption.
5 February 2026
···
Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit shares rose 2.7% to $445.64 Wednesday, recovering some losses after an 11% drop Tuesday amid AI-driven fears that hit software stocks. Volume nearly tripled to 7 million shares. The S&P 500 software and services index continued to fall, with the sector losing about $830 billion in value since Jan. 28. Investors await Intuit’s Q2 results on Feb. 26.
5 February 2026
···
Western Digital stock sinks after buyback bump as traders reassess WDC’s AI storage run

Western Digital stock sinks after buyback bump as traders reassess WDC’s AI storage run

Western Digital shares fell 7.2% to $269.41 in after-hours trading Wednesday, erasing gains from a buyback-fueled rally. The drop followed the company’s announcement of a $4 billion share repurchase and a new hard-drive roadmap aimed at hyperscale AI data centers. Seagate also declined, while NetApp rose. Investors remain focused on buyback execution and competition in storage hardware.
5 February 2026
···
Salesforce (CRM) stock rises after hours as Feb. 25 earnings date set amid AI-driven software jitters

Salesforce (CRM) stock rises after hours as Feb. 25 earnings date set amid AI-driven software jitters

Salesforce shares rose 1.5% to $199.44 in after-hours trading Wednesday, rebounding from a session low of $187.29. The company will report fourth-quarter and full-year results on Feb. 25 after markets close. Investors remain cautious on software stocks, with options activity showing defensive positioning. A director received 1,766 restricted stock units set to vest through 2026.
5 February 2026
····
Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

The Dow rose 260 points to 49,501.30, while the S&P 500 and Nasdaq fell as AI-linked tech stocks sold off and Advanced Micro Devices plunged 17% on a weak forecast. Oil jumped 3% after U.S.-Iran talks faltered, lifting energy shares. January’s private payrolls rose by just 22,000. The Labor Department postponed the monthly jobs report to next Wednesday.
4 February 2026
····
Broadcom stock sinks again as AI jitters hit chips; AVGO eyes March 4 earnings

Broadcom stock sinks again as AI jitters hit chips; AVGO eyes March 4 earnings

Broadcom shares fell 3.8% to $308.28 on Wednesday amid a broad tech and AI-related selloff. The company launched a new enterprise Wi‑Fi 8 product a day early, but market focus remained on sector-wide de-risking. Broadcom will report fiscal first-quarter results after markets close on March 4. Shares have dropped about 7% since Monday’s close, hitting an intraday low near $295.
4 February 2026
···
Sandisk stock sinks about 16% as AI-linked tech selloff bites; SNDK in focus

Sandisk stock sinks about 16% as AI-linked tech selloff bites; SNDK in focus

Sandisk Corp shares fell 16% to $584.85 in after-hours trading Wednesday, dropping $110.66 on heavy volume as traders retreated from AI-linked tech stocks. The decline followed a recent surge and came despite strong fundamentals and upbeat forecasts. U.S. markets closed lower, with tech stocks weighing on the Nasdaq. Alphabet shares also dipped ahead of earnings.
4 February 2026
···
Apple stock climbs as tech selloff deepens; Alphabet earnings now the next test

Apple stock climbs as tech selloff deepens; Alphabet earnings now the next test

Apple shares rose 2.6% to $276.40 Wednesday, bucking a 1.5% Nasdaq drop, then slipped 0.3% after hours. The stock’s outperformance follows strong earnings and a new deal to integrate Google’s Gemini AI into Siri. Apple plans to delay a standard iPhone model in 2026 due to supply-chain issues, Nikkei Asia reported. Traders await Alphabet’s earnings for further signals on AI’s impact.
4 February 2026
····
Micron stock sinks nearly 10% as AI-chip jitters flare — what to watch next

Micron stock sinks nearly 10% as AI-chip jitters flare — what to watch next

Micron shares fell nearly 10% in late trading Wednesday, closing at $378.50 after a volatile session. The drop followed a regulatory filing showing officer Sumit Sadana plans to sell 25,000 shares. Other chip stocks, including Nvidia and AMD, also declined as investors questioned the staying power of the AI rally. The PHLX semiconductor index finished sharply lower.
4 February 2026
···
AMD stock dives 16% after guidance revives Nvidia worries and China boost questions

AMD stock dives 16% after guidance revives Nvidia worries and China boost questions

AMD shares fell 16.3% to $202.59 Wednesday after the company forecast a sequential revenue decline for the first quarter, citing uncertainty over China AI-chip shipments. Fourth-quarter revenue hit a record $10.27 billion, but the outlook projects around $9.8 billion. The company reported $390 million in China AI-chip revenue and flagged $440 million in inventory charges tied to U.S. export controls.
4 February 2026
···
Analog Devices stock jumps again — CEO sale filing, chip M&A and Feb. 18 earnings in focus

Analog Devices stock jumps again — CEO sale filing, chip M&A and Feb. 18 earnings in focus

Analog Devices shares rose 3.3% to $321.46 Wednesday afternoon, rebounding after Tuesday’s drop. The move followed Texas Instruments’ $7.5 billion deal to acquire Silicon Labs, which reignited M&A speculation in analog chips. CEO Vincent Roche sold 10,000 shares last week under a preset plan. Investors await Analog Devices’ earnings on Feb. 18.
4 February 2026
·····
1 … 5 6 7 8 9 … 175

Stock Market Today

Linde stock price falls as LIN heads into weekend; JPMorgan downgrade and guidance in focus

Linde stock price falls as LIN heads into weekend; JPMorgan downgrade and guidance in focus

7 February 2026
Linde plc shares fell 2.5% to $448.24 Friday after reporting Q4 sales up 6% to $8.76 billion and adjusted EPS of $4.20. The company guided 2026 adjusted EPS to $17.40–$17.90, below analyst consensus. JPMorgan downgraded the stock, while Morgan Stanley and UBS raised price targets. Linde repurchased $1.4 billion in shares in Q4 and returned $7.4 billion to shareholders in 2025.
GE Vernova stock closes up nearly 6% — what to watch before Monday’s trade

GE Vernova stock closes up nearly 6% — what to watch before Monday’s trade

7 February 2026
GE Vernova shares jumped 5.6% to $779.35 Friday as Wall Street rallied and the company reported 1.1 GW of U.S. wind repower orders for 2025. The company also closed its $5.3 billion purchase of the remaining Prolec GE stake and completed a $2.6 billion senior notes offering. Investors await next week’s U.S. jobs and inflation data.
Citi stock jumps 6% as consent-order exit talk builds — what to watch next week

Citi stock jumps 6% as consent-order exit talk builds — what to watch next week

7 February 2026
Citigroup shares rose 6% to $122.69 at Friday’s close after a Reuters report said executives are more optimistic about completing key consent orders this year. Citi also announced a $2.3 billion preferred stock redemption and a matching program for employee “Trump Accounts.” Investors await next week’s U.S. economic data and Citi conference appearances.
Go toTop