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Technology 29 January 2026 - 30 January 2026

CrowdStrike stock dips again before the open after 5% drop as AI fears hit software

CrowdStrike stock dips again before the open after 5% drop as AI fears hit software

CrowdStrike shares slipped 0.7% to $441.40 in premarket trading Friday after falling 5.24% Thursday amid a broad software selloff. The S&P 500 Software and Services index dropped 8.7% Thursday as investor concerns over AI disruption rattled tech stocks. Trading volume in CrowdStrike more than doubled its 50-day average. Earnings are expected March 3.
C3.ai stock price slips in premarket as Automation Anywhere merger-talk report lingers

C3.ai stock price slips in premarket as Automation Anywhere merger-talk report lingers

C3.ai shares fell 2% to $12.01 in premarket trading Friday after a 6.6% drop the previous day, following reports of merger talks with Automation Anywhere. The potential deal would see the private automation firm acquire C3.ai and go public via reverse merger. Neither company commented. C3.ai stock is down over 59% in the past year and trades far below its 52-week high.
Marvell stock slides premarket as Microsoft-led tech selloff keeps AI spending in the spotlight

Marvell stock slides premarket as Microsoft-led tech selloff keeps AI spending in the spotlight

Marvell Technology shares fell 2.3% to $79.48 in premarket trading Friday, extending a two-day drop of about 5%. The move follows a sharp selloff in chip stocks after Microsoft’s earnings and record AI spending rattled investors. The Philadelphia SE Semiconductor Index lost 3.27% in the previous session. U.S. producer price data due at 8:30 a.m. ET is seen as the next test for tech stocks.
SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

Sandisk shares soared 18.9% to $641.18 in premarket trading Friday after the company raised its profit outlook and extended key supply deals with Kioxia. The flash-memory maker reported fiscal Q2 revenue up 61% year-over-year to $3.03 billion, with net income at $803 million. CEO David Goeckeler cited strong AI-driven demand from data centers.
Snowflake stock slides nearly 8% in software rout; traders brace for next catalyst

Snowflake stock slides nearly 8% in software rout; traders brace for next catalyst

Snowflake shares fell 7.7% to $199.37 Thursday, tracking a sharp selloff in software stocks amid fears that AI could disrupt subscription-based models. The S&P 500 Software and Services Index dropped 8.7% to a nine-month low. Snowflake’s recent launch of an energy-focused data package failed to offset sector-wide concerns. No new financial results were released by the company this week.
30 January 2026
Palo Alto Networks stock drops after Chronosphere deal closes, with earnings next in focus

Palo Alto Networks stock drops after Chronosphere deal closes, with earnings next in focus

Palo Alto Networks shares fell 4.8% to $174.85 Thursday after closing its $3.35 billion acquisition of observability firm Chronosphere. The stock edged up to $176.20 in after-hours trading. Investors are watching for Palo Alto’s Feb. 12 earnings report for updates on integration and the deal’s impact.
Adobe stock tumbles after hours as AI disruption fears hit software names

Adobe stock tumbles after hours as AI disruption fears hit software names

Adobe shares fell 2.7% to $291.65 in late trading Thursday, hit by a broader selloff in software stocks after weak guidance from SAP and a post-earnings drop in ServiceNow. Investors cited concerns over AI disrupting subscription software revenue. About 7.4 million Adobe shares traded hands. Traders are watching Friday’s U.S. economic data and Adobe’s next earnings report, set for March 12.
AppLovin stock price rises 5% after hours — Meta ad read-through and Feb. 11 earnings loom

AppLovin stock price rises 5% after hours — Meta ad read-through and Feb. 11 earnings loom

AppLovin shares rose about 5% to $569.24 in after-hours trading Thursday, following Meta’s strong earnings and upbeat ad outlook. Around 5.3 million shares changed hands as traders looked ahead to AppLovin’s Feb. 11 earnings report. The company faces ongoing regulatory scrutiny and recently denied allegations from a short-seller.
Broadcom (AVGO) stock price slips after tech wobble — AI spending nerves are back

Broadcom (AVGO) stock price slips after tech wobble — AI spending nerves are back

Broadcom shares slipped 0.8% to $330.73 in after-hours trading Thursday, after a volatile session saw the stock dip nearly 4%. Microsoft’s disappointing cloud revenue and rising costs dragged tech stocks lower, with the Nasdaq falling 0.7%. Apple’s earnings beat expectations, briefly lifting sentiment. Broadcom’s next earnings report is set for early March.
30 January 2026
Advanced Micro Devices (AMD) stock price holds near $252 after hours as AI spending jitters set up Feb. 3 earnings

Advanced Micro Devices (AMD) stock price holds near $252 after hours as AI spending jitters set up Feb. 3 earnings

AMD shares slipped 0.2% to $252.18 in after-hours trading Thursday after a volatile session. The stock moved between $241.06 and $260.22 on volume of 31.4 million shares. Investors weighed Big Tech’s rising AI spending and concerns over immediate returns. AMD will report quarterly earnings after the close on Feb. 3.
ServiceNow stock sinks 10% after earnings as AI disruption fears batter software

ServiceNow stock sinks 10% after earnings as AI disruption fears batter software

ServiceNow shares fell nearly 10% in after-hours trading Thursday, dropping to $113.14 despite raising its 2026 subscription revenue forecast above Wall Street estimates. The sell-off followed broader declines in software stocks amid concerns that new AI tools could disrupt cloud-based subscription models. ServiceNow recently closed its $7.75 billion Armis acquisition and announced a $5 billion share buyback.
Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

Western Digital reported a 25% rise in quarterly revenue and forecast fiscal Q3 sales near $3.2 billion, citing strong demand for high-capacity hard drives in data centers. Adjusted earnings reached $2.13 per share, with free cash flow at $653 million. Shares slipped 0.5% after hours, despite climbing 15.6% over the past week. The company announced a 12.5-cent dividend, payable March 18.
Apple Earnings Blow Past Forecasts as iPhone Sales Hit Record in $143.8 Billion Quarter

Apple Earnings Blow Past Forecasts as iPhone Sales Hit Record in $143.8 Billion Quarter

Apple reported record quarterly revenue of $143.8 billion and net income of $42.1 billion, driven by iPhone sales of $85.3 billion and Services revenue of $30.0 billion. The company’s installed base surpassed 2.5 billion devices. Shares rose 0.6% in late trading before results, though the stock remains down about 10% from December highs. Mac and Wearables revenue both declined year over year.
29 January 2026
SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

Sandisk posted Q2 revenue of $3.03 billion, up 61% year-over-year, with adjusted earnings per share of $6.20. Datacenter revenue jumped 64% from the previous quarter. Shares rose nearly 16% after hours, following a 2.7% gain at the close. The company forecasts Q3 revenue between $4.40 billion and $4.80 billion.
Micron (MU) stock steadies after-hours as DRAM shortage warnings flare; Apple earnings next

Micron (MU) stock steadies after-hours as DRAM shortage warnings flare; Apple earnings next

Micron shares rose 0.2% to $435.96 in after-hours trading after Samsung and SK Hynix warned of tightening DRAM supply as production shifts to AI-focused HBM chips. The stock swung nearly $29 during the session on volume of 38.9 million shares. Apple will report earnings after the bell, with investors watching for updates on device demand and component costs.
Microsoft stock plunges as AI spending bill and Azure outlook unsettle investors

Microsoft stock plunges as AI spending bill and Azure outlook unsettle investors

Microsoft shares fell 11% in after-hours trading Thursday, closing near $428.68 after a record $37.5 billion in quarterly capital spending and warnings of cloud-margin pressure. The stock drop followed 17% revenue growth and a 39% jump in Azure sales, but investors focused on rising costs and supply limits for AI chips. Analysts are expected to revise Azure forecasts ahead of Friday’s session.
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Stock Market Today

  • SpaceX IPO Valuation Hits $1.77 Trillion Amid Profitability Concerns and AI Bets
    June 6, 2026, 5:44 AM EDT. SpaceX aims for a $1.77 trillion IPO valuation, placing it among the most valuable tech offerings despite being unprofitable. Experts like Morningstar value the company nearer to $780 billion, signaling potential overvaluation. The IPO pricing heavily bets on future growth, especially in the company's artificial intelligence (AI) division, which is still in early stages and unprofitable. Current profits mostly come from Starlink, SpaceX's broadband satellite service, generating $11.4 billion in revenue and $4.4 billion operating profit last year. Its rocket business shows promise with the upcoming Starship megarocket potentially reducing payload costs. However, the bulk of SpaceX's $28.5 trillion total addressable market projection relies on undefined AI prospects, highlighting the speculative nature of the valuation.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 06.06.2026

6 June 2026
LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 6, 2026, 5:50 AM EDT SpaceX IPO Valuation Hits $1.77 Trillion Amid Profitability Concerns and AI Bets June 6, 2026, 5:44 AM EDT. SpaceX aims for a $1.77 trillion IPO valuation, placing it among the most valuable tech offerings despite being unprofitable. Experts like Morningstar value the company nearer to $780 billion, signaling potential overvaluation. The IPO pricing heavily bets on future growth, especially in the company’s artificial intelligence (AI) division, which is still in early stages and unprofitable. Current profits mostly come from Starlink, SpaceX’s broadband satellite service, generating
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.
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