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Technology 9 January 2026

Texas Instruments stock ticks up as chipmakers rally — what could move TXN next

Texas Instruments stock ticks up as chipmakers rally — what could move TXN next

Texas Instruments shares rose 1% to $190.24 Friday as chipmakers rallied, with the Philadelphia Semiconductor Index up 2.6% and the S&P 500 hitting a record. U.S. nonfarm payrolls increased by 50,000 in December, while unemployment dipped to 4.4%. Taiwan Semiconductor reported a 20% jump in Q4 revenue, beating forecasts. Texas Instruments will report Q4 earnings on Jan. 27.
AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

AST SpaceMobile shares climbed 8.6% to $98.34 Friday after Bank of America raised its price target to $100, maintaining a Neutral rating. The rebound followed a sharp drop earlier in the week. Scotiabank downgraded the stock to Sector Underperform, citing high valuation and lack of retail customers. Investors await the next earnings report, expected March 2, for updates on satellite rollout and customer uptake.
Accenture stock price today: ACN slips as jobs data resets rate bets, new retail AI push in focus

Accenture stock price today: ACN slips as jobs data resets rate bets, new retail AI push in focus

Accenture shares fell 0.6% to $280.15 Friday afternoon, trailing gains in the broader market after a weaker-than-expected U.S. jobs report. The company announced a new AI partnership with Profitmind and will demo the technology at the National Retail Federation event next week. Investors are watching for Accenture’s earnings call on March 19 and the Federal Reserve’s policy meeting Jan. 27-28.
Vistra stock jumps as Meta locks in 20-year nuclear power deal for AI data centers

Vistra stock jumps as Meta locks in 20-year nuclear power deal for AI data centers

Vistra shares rose 11% to $167.11 by midday Friday after Meta signed 20-year nuclear power purchase agreements for 2,609 MW, with deliveries starting in late 2026. The deals cover Vistra’s Perry, Davis-Besse, and Beaver Valley plants. Investors focused on capital spending for upgrades and license extensions. Meta aims to secure power for its Ohio data center and future AI operations.
IREN stock rises as Bernstein calls it a “top AI pick” — what traders watch next

IREN stock rises as Bernstein calls it a “top AI pick” — what traders watch next

IREN shares rose 4.6% to $47.76 Friday, trading between $45.52 and $49.99 in heavy volume. Bernstein analyst Gautam Chhugani named IREN his top AI pick for 2026, according to TipRanks. Investors are watching for February earnings and signs of capital needs tied to the company’s AI expansion. IREN operates renewable-powered data centers in Canada and Texas and signed a $9.7 billion AI cloud deal with Microsoft last year.
Applied Materials stock jumps toward $300 as TSMC sales beat and analysts lift AMAT targets

Applied Materials stock jumps toward $300 as TSMC sales beat and analysts lift AMAT targets

Applied Materials shares jumped about 6% Friday, briefly topping $300, after TSMC reported fourth-quarter revenue above forecasts. Other chip-equipment stocks also rose, with Lam Research up 8% and KLA up 5%. Investors are watching TSMC’s Jan. 15 outlook and Applied’s next earnings report for signs on 2026 spending.
Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum shares fell 2.4% to $339.88 by early afternoon Friday after volatile trading this week. Mizuho and Needham raised price targets on expectations of strong AI data-center optics demand. Investors await Lumentum’s Feb. 3 earnings for signals on cloud infrastructure spending. Chief accounting officer Matthew Sepe will retire after the next quarterly report, with Eric Chang set to replace him.
Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

Ford shares dropped 1.5% to $14.19 Friday, retracing gains from Thursday’s Piper Sandler upgrade. Traders are watching for Ford’s Feb. 10 earnings, with focus on EV spending and software revenue. The company plans to launch Level 3 driver-assist in 2028, but pricing and rollout details remain undecided. Broader market sentiment was shaped by a weaker U.S. jobs report and rate cut speculation.
Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

Bloom Energy shares rose 3.6% to $126.23 Friday after American Electric Power disclosed a $2.65 billion fuel-cell purchase agreement and 20-year offtake deal for a Wyoming facility. Laramie County approved a massive AI data center and 2.7 GW power buildout using Bloom’s fuel cells. Tallgrass estimates the energy infrastructure alone at $7 billion, with total project costs potentially reaching $50 billion.
CompoSecure stock jumps after JPMorgan lands Apple Card deal, fueling metal-card hopes

CompoSecure stock jumps after JPMorgan lands Apple Card deal, fueling metal-card hopes

CompoSecure shares climbed 6.4% to $22.79 after JPMorgan Chase agreed to take over Apple’s credit-card program from Goldman Sachs. TD Cowen reiterated a buy rating, citing CompoSecure’s exclusive metal card deal with Chase, though Apple could still choose another supplier. The company expects to close its merger with Husky Technologies in January 2026. Recent insider filings showed only tax-related share withholding, not new buying.
Oracle stock jumps nearly 3% after soft US jobs data, but AI spending worries linger

Oracle stock jumps nearly 3% after soft US jobs data, but AI spending worries linger

Oracle shares rose 2.9% to $195.07 Friday after a weaker U.S. jobs report fueled hopes for interest rate cuts, lifting tech stocks. The stock remains about 44% below its 52-week high. Investors are focused on Oracle’s AI data-center spending and its next quarterly results in mid-March. The company declared a 50-cent dividend payable January 23.
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