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Technology 2 February 2026 - 3 February 2026

Microsoft stock slips after-hours as AI spending jitters linger into a big week for cloud peers

Microsoft stock slips after-hours as AI spending jitters linger into a big week for cloud peers

Microsoft shares fell 1.6% to $423.37 in after-hours trading Monday, down $6.96 from the close. The move follows scrutiny of Microsoft’s surging AI-related capital spending and Azure’s outlook after last week’s earnings. Alphabet and Amazon report results this week. The Bureau of Labor Statistics will not release January jobs data Friday due to the partial government shutdown.
Lockheed Martin stock price today: LMT edges higher after Taiwan contract and Fujitsu tech pact

Lockheed Martin stock price today: LMT edges higher after Taiwan contract and Fujitsu tech pact

Lockheed Martin shares rose 0.5% to $637.50 Monday after announcing a $328.5 million U.S. contract to supply IRST21 Legion-ES sensors to Taiwan’s Air Force. The company also delivered its first Sentinel A4 radar to the U.S. Army and signed a tech partnership with Fujitsu. Broader defense stocks were mixed as investors weighed Washington’s push for faster weapons production.
Qualcomm stock price edges up as Wall Street trims targets ahead of Feb. 4 earnings

Qualcomm stock price edges up as Wall Street trims targets ahead of Feb. 4 earnings

Qualcomm shares rose 0.5% to $152.32 Monday afternoon, rebounding from earlier lows ahead of its February 4 earnings report. Cantor Fitzgerald cut its price target to $160, with JPMorgan and Bernstein also lowering targets. Investors are focused on the company’s guidance for the March quarter. Analyst C.J. Muse warned of headwinds from weak smartphone demand and changing customer mix.
TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies shares rose 7.1% to $105.19 by early afternoon after the company named Ryan D. McCarthy and Daniel G. Korte as independent directors. Two current board members, including former CEO Thomas T. Edman, will step down in May. Edman disclosed plans to sell 16,800 shares. Investors await the Feb. 4 earnings call for the 2026 outlook.
Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena Corp shares rose about 6% to $267.26 by early afternoon Monday after an earlier drop, rebounding alongside other networking stocks like Corning and Nokia. The move followed analyst upgrades and news of new fiber projects in the Balkans. Wall Street’s tech sector gains came as metals prices fell sharply. Investors are watching for updates at the Mobile World Congress in early March.
2 February 2026
Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
Oracle stock price rises as $50 billion funding plan eases AI buildout fears

Oracle stock price rises as $50 billion funding plan eases AI buildout fears

Oracle shares rose 1.7% Monday after the company announced plans to raise up to $50 billion in debt and equity this year to fund cloud expansion. The stock closed near $167.43. Oracle will split the financing between equity, including a $20 billion at-the-market program, and a single bond issuance in early 2026. The company filed a prospectus for 100 million depositary shares linked to mandatory convertible preferred stock.
Cisco stock pops to a fresh 52-week high — here’s what Wall Street is watching next

Cisco stock pops to a fresh 52-week high — here’s what Wall Street is watching next

Cisco shares rose 3.4% to $81.00 by midday Monday, reaching a new 52-week high ahead of its AI Summit on Feb. 3 and earnings on Feb. 11. The stock traded between $77.64 and $81.14. Executives from Nvidia, OpenAI, AWS, and Intel are set to join Cisco leadership at the summit. Broader U.S. markets also advanced, with the S&P 500 up 0.6% and the Nasdaq gaining 0.9%.
ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow shares climbed 3.7% to $121.33 on Monday, rebounding after last week’s sector slide and outpacing tech peers. The company recently reported Q4 subscription revenue of $3.47 billion and announced an imminent $2 billion accelerated buyback. Investors are watching for demand signals as the buyback and AI partnerships develop. Salesforce and Adobe also rose, while Microsoft slipped.
Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate shares rose 4.8% to $427.30 Monday, hitting an intraday high of $434.60, as investors favored data-center hardware stocks. Western Digital climbed 5.8%. The rally followed Seagate’s strong earnings and outlook, with CEO Dave Mosley citing full allocation of nearline capacity through 2026. TrendForce warned DRAM prices could spike up to 95% this quarter due to supply-demand imbalances.
2 February 2026
Oracle stock price rises after $50 billion funding plan; what investors watch next

Oracle stock price rises after $50 billion funding plan; what investors watch next

Oracle shares rose 2.2% to $168.23 by mid-morning after the company announced plans to raise $45–$50 billion for cloud expansion in 2026 through equity and a one-time bond sale. The company filed to offer 100 million depositary shares tied to mandatory convertible preferred stock. Investors are watching for dilution risk and the timing of Oracle’s next earnings report.
2 February 2026
Western Digital stock jumps in early trade as Wall Street eyes Tuesday’s Innovation Day

Western Digital stock jumps in early trade as Wall Street eyes Tuesday’s Innovation Day

Western Digital shares rose 5.4% to $263.63 Monday after the company raised its third-quarter revenue and earnings outlook, beating analyst estimates. The stock’s gains came ahead of Tuesday’s Innovation Day event, as investors focus on AI-driven data center demand and high-capacity storage pricing. Western Digital also confirmed plans to spin off its flash unit into SanDisk in 2025.
2 February 2026
Alibaba stock slips premarket after $431 million Qwen AI Lunar New Year blitz

Alibaba stock slips premarket after $431 million Qwen AI Lunar New Year blitz

Alibaba shares fell 0.8% to $168.17 in premarket trading after the company announced a 3 billion yuan ($431 million) investment to boost its Qwen AI app ahead of Lunar New Year. The campaign launches Feb. 6, with incentives distributed via digital red envelopes. Rival DeepSeek is expected to update its AI model mid-month. Alibaba’s next earnings report is scheduled for Feb. 19.
Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip Electronics Class A shares fell 2.6% to 186.27 yuan in Shanghai by mid-morning Monday, with 3.9 million shares traded. The drop follows a sharp January rally in Chinese chip stocks and comes as traders weigh mixed factory data and rising costs ahead of the Lunar New Year. China’s official manufacturing PMI slipped to 49.3 in January, while a private survey showed a slight uptick to 50.3.
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Stock Market Today

  • Ferrari Shares Dip Below $400: A Buying Opportunity for Long-Term Investors?
    June 6, 2026, 1:50 AM EDT. Ferrari (NYSE: RACE) shares have fallen 33% from their July peak, trading under $400 since November. The luxury automaker's outlook projects 5% annual revenue growth through 2030. Market reactions to Ferrari's first fully electric vehicle, the Luce, with 1,035 horsepower and a starting price of $640,000, have been mixed due to its unconventional design. Despite this, Ferrari maintains strong brand exclusivity and reported a robust 29.7% operating margin in Q1 2026, well above industry norms. The company's deliberate supply control sustains high demand and stability, even in recessions. With a price-to-earnings ratio near a five-year low, Ferrari's stock presents an attractive valuation for long-term investors seeking exposure to luxury automotive growth.

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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