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Technology News 10 January 2026

Cisco (CSCO) stock in focus as Supreme Court takes up Falun Gong lawsuit appeal

Cisco (CSCO) stock in focus as Supreme Court takes up Falun Gong lawsuit appeal

NEW YORK, Jan 10, 2026, 14:07 EST — Market closed Cisco Systems (CSCO.O) shares slipped 0.1% to close at $73.88 on Friday, as investors digested the news that the U.S. Supreme Court agreed to hear the company’s appeal in a lawsuit involving China and the Falun Gong spiritual movement. During the session, the stock fluctuated between $73.17 and $74.33. (AP News) This appeal introduces a rare headline risk for a stock typically driven by corporate IT budgets and product launches. The Supreme Court will examine key issues involving the Alien Tort Statute, a 1789 law often invoked in human-rights litigation,
10 January 2026
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Intel stock jumps on Trump praise — what tech investors watch next

Intel stock jumps on Trump praise — what tech investors watch next

NEW YORK, January 10, 2026, 13:26 EST — Market closed Intel shares surged 10.8% on Friday, closing at $45.55, following U.S. President Donald Trump’s comment about having a “great meeting” with CEO Lip-Bu Tan. The rise coincided with Wall Street hitting new record highs, while investors also watched the U.S. Supreme Court’s schedule for decisions related to Trump’s tariffs. (StockAnalysis) The shift is significant since Intel has gone beyond being just another chipmaker struggling to turn things around. Washington has turned it into a direct political and market play by agreeing to convert federal grants into a 9.9% equity stake
10 January 2026
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Semiconductor stocks hit a record — here’s what could move SOXX next week

Semiconductor stocks hit a record — here’s what could move SOXX next week

New York, January 10, 2026, 12:53 (EST) — Market closed U.S. semiconductor stocks drove Wall Street to a record close Friday, with the iShares Semiconductor ETF (SOXX) climbing 2.9% to $328.78, after swinging between $319.35 and $330.66. The PHLX semiconductor index, which tracks major chipmakers, surged 2.7% to a new high. Broadcom gained 3.8%, Lam Research jumped 8.7% following Mizuho’s price target hike to $220 from $200, and Intel rallied nearly 11%. The boost came after President Donald Trump described a “great meeting” with CEO Lip-Bu Tan. “Investors are getting granular and picking the winners and losers” in AI, noted
10 January 2026
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SK hynix stock dips on profit-taking as U.S. listing talk resurfaces; earnings next

SK hynix stock dips on profit-taking as U.S. listing talk resurfaces; earnings next

Seoul, Jan 11, 2026, 01:44 KST — Market closed SK hynix shares fell 1.59% on Friday as investors took money off the table in semiconductor stocks, KB Securities analyst Lim Jung-eun said. The stock closed at 744,000 won. (Korea Joongang Daily) The dip came as traders weighed a Reuters report that SK hynix is considering listing treasury shares in the U.S. but has not decided. Treasury shares are stock the company holds in itself, and firms can use them for deals, shareholder returns or other corporate actions. (MarketScreener) The timing matters because SK hynix has turned into a crowded proxy
10 January 2026
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Palantir stock in focus after SBA fraud pilot contract report as ARK pares stake

Palantir stock in focus after SBA fraud pilot contract report as ARK pares stake

New York, Jan 10, 2026, 10:54 EST — The market has closed. Shares of Palantir Technologies Inc. edged up 0.3% Friday, closing at $177.49, on reports of renewed federal interest in the company’s data-analytics software. Timing is crucial. Palantir stands out as one of the most closely tracked “AI” software stocks, but traders are quick to dismiss headlines that don’t lead to larger, repeatable contracts. The market is sitting near record highs, on edge ahead of inflation data and the kickoff of earnings season—a combination that could swiftly shake up high-growth tech valuations. The Small Business Administration inked a $300,000
10 January 2026
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Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

New York, January 10, 2026, 09:48 EST — Market closed Broadcom stock rose 3.7% on Friday, up $12.39 to $344.97, as investors bought back into AI-linked chip names into the close of the week. The move matters now because Broadcom has become a quick read on two things traders keep arguing about: how long the AI build-out stays hot, and whether U.S. rates can move lower without inflation flaring again. The next macro test comes Tuesday with the U.S. Consumer Price Index, a key inflation gauge, followed a day later by producer prices. Mizuho analyst Vijay Rakesh raised his price
10 January 2026
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Apple stock in focus: Evercore lifts AAPL target to $330 as earnings near and Apple Card deal sinks in

Apple stock in focus: Evercore lifts AAPL target to $330 as earnings near and Apple Card deal sinks in

New York, Jan 10, 2026, 09:35 EST — Market closed Evercore ISI bumped up its price target for Apple (AAPL.O) to $330 from $325 on Friday, keeping its Outperform rating intact. The firm cited solid iPhone demand ahead of the company’s earnings report later this month. It also raised its December-quarter revenue and EPS forecasts to $140.5 billion and $2.71, respectively—both above consensus estimates of $137.3 billion and $2.66. The broker highlighted strength in North America, China, and India, even as Europe showed some softness. (Investing.com) Apple’s report is crucial, coming as investors grow jittery over growth rates in megacap
10 January 2026
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SanDisk stock jumps on report of big enterprise NAND price rise

SanDisk stock jumps on report of big enterprise NAND price rise

New York, Jan 10, 2026, 09:09 EST — Market closed SanDisk Corp (SNDK.O) shares jumped 12.8% to $377.41 in late Friday trading, following a report suggesting enterprise flash-memory prices could climb further. Nomura Securities highlighted that SanDisk’s NAND for enterprise SSDs might surge over 100% quarter on quarter in the March quarter, Tom’s Hardware reported. The stock fluctuated between $330.96 and $383.76 during the session. Why this matters now: NAND flash, the memory chip used in solid-state drives (SSDs), can shift profits quickly through contract pricing changes. A shift in enterprise pricing would directly impact a key thesis for the
10 January 2026
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Archer Aviation stock rides Nvidia IGX Thor deal into next week as $9 level looms

Archer Aviation stock rides Nvidia IGX Thor deal into next week as $9 level looms

New York, Jan 10, 2026, 07:52 EST — Market closed Archer Aviation Inc (ACHR) shares climbed 1.15% on Friday to close at $8.81, building on momentum following the company’s announcement of an AI computing partnership with Nvidia (NVDA) unveiled at CES in Las Vegas. (https://stockanalysis.com/stocks/achr/history/) This shift is significant as Archer remains deep into the costly, drawn-out process of developing and certifying its Midnight electric vertical takeoff and landing aircraft, or eVTOL — a battery-powered plane capable of vertical lift like a helicopter. Big-name partners stand out as one of the rare solid signals investors can rely on between test
10 January 2026
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KLA stock jumps back near record highs as chip rally builds — here’s the next test

KLA stock jumps back near record highs as chip rally builds — here’s the next test

New York, Jan 10, 2026, 06:24 EST — Market closed KLA Corp shares closed up 5.7% at $1,400 on Friday, leaving the chip equipment maker within sight of its early-week high. (MarketWatch) The bounce came as chip stocks surged broadly, pushing the PHLX semiconductor index — a widely watched gauge of chipmakers — up 2.7% to a record high, after a weaker U.S. jobs report kept expectations for Federal Reserve rate cuts intact. “Investors are getting granular and picking the winners and losers,” said Zachary Hill, head of portfolio management at Horizon Investments. (Reuters) The next macro check comes fast.
10 January 2026
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Valens Semiconductor stock jumps 59% on heavy volume as share-sale filings surface

Valens Semiconductor stock jumps 59% on heavy volume as share-sale filings surface

New York, Jan 10, 2026, 06:05 EST — Market closed Valens Semiconductor Ltd. shares jumped about 59% on Friday, ending at $2.48 as turnover spiked to roughly 45 million shares. (Finviz) The move drew attention because it came late in the week with little fresh headline news from the company itself. Valens’ newsroom showed its most recent release dated Jan. 6. (Valens Semiconductor) In that Jan. 6 statement, Valens said it landed a fourth design win for its VA7000 chipset using MIPI A-PHY, an automotive connectivity standard for high-speed links between sensors and compute units. “We’re thrilled to ring in
10 January 2026
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Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

NEW YORK, Jan 10, 2026, 06:06 EST — Market closed Oracle shares jumped 4.7% Friday, ending at $198.52 after trading in a range from $188.91 up to $200.13. Buyers drove the stock close to the $200 threshold, a level many traders watch closely as a “line in the sand.” Volume hit roughly 26.2 million shares. SB Energy announced late Friday that OpenAI and SoftBank are committing $1 billion to boost data-center and power infrastructure for Stargate, a $500 billion project supported by Oracle. The company plans to develop and run a 1.2-gigawatt OpenAI facility in Milam County, Texas. (Reuters) Oracle’s
10 January 2026
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
RELX share price slides again as AI fears linger, results next week in focus

RELX share price slides again as AI fears linger, results next week in focus

7 February 2026
RELX closed down 4.6% at 2,145 pence in London on Friday, capping a volatile week ahead of its Feb. 12 full-year results. The company bought back 465,361 shares even as selling continued amid investor concerns over AI risks and pricing power. Peers Wolters Kluwer and Thomson Reuters also faced pressure. Markets await RELX’s outlook for 2026 trading.
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