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Technology 23 January 2026 - 24 January 2026

Applied Digital (APLD) stock jumps on 430MW Delta Forge AI data center kickoff as traders eye next catalysts

Applied Digital (APLD) stock jumps on 430MW Delta Forge AI data center kickoff as traders eye next catalysts

Applied Digital shares rose 8.5% to $37.69 Friday after breaking ground on a 430-megawatt AI campus, with operations set for mid-2027. The stock slipped 0.72% after hours. The company is in talks with a major hyperscale customer but has not disclosed details. Investors await updates on tenants and financing as markets remain closed until Monday.
IREN stock jumps 8% into the weekend as Feb. 5 earnings date puts AI cloud push back in focus

IREN stock jumps 8% into the weekend as Feb. 5 earnings date puts AI cloud push back in focus

IREN shares jumped 8.5% Friday to $56.68, trading between $50.11 and $58.58 on heavy volume before slipping 0.5% after hours. The company will report quarterly results Feb. 5. Bitcoin hovered near $89,000, keeping crypto stocks active. IREN’s recent $9.7 billion, five-year deal with Microsoft remains in focus.
Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Senators led by Elizabeth Warren said Big Tech firms pledged to pay more for data-center electricity but withheld key details on rates and contracts. Trump called on companies to “pay their own way” as PJM weighs an emergency auction for new power supply. FERC signaled it is ready to act quickly on related filings. Google and Microsoft said they cover their own infrastructure costs but cited confidentiality concerns.
GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries shares fell 4.8% to $42.85 Friday, following a volatile week for chip stocks and a 17% plunge in Intel. About 4.3 million GFS shares changed hands as investors reacted to weak forecasts and rising supply chain costs. GlobalFoundries will report quarterly results on Feb. 11. The company recently agreed to buy Synopsys’ ARC Processor IP business, with the deal expected to close in the second half of 2026.
Sage Group share price in focus: AI partnership and buyback set up Jan 27 trading update

Sage Group share price in focus: AI partnership and buyback set up Jan 27 trading update

Sage shares closed Friday up 0.6% at 1,029.1 pence after announcing a global AI partnership with Augusta Labs and continuing its share buyback program. The company repurchased about 1.83 million shares over two days, totaling roughly £18.7 million. The buyback is scheduled to end by March 19. Sage will release its Q1 FY26 trading update on Jan. 27.
Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe shares rose 0.4% to $301.07 Friday after the company announced Firefly Foundry, a generative AI tool trained only on clients’ proprietary content for studios and talent agencies. The S&P 500 closed flat, while the Dow fell 0.58% and the Nasdaq gained 0.28%. Intel dropped sharply on weak guidance. Investors await major tech earnings and a Federal Reserve decision next week.
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Brand Engagement Network shares soared nearly 90% Friday after announcing a $2.05 million licensing and investment deal with Valio Technologies tied to Africa. The agreement gives Brand Engagement Network a 25% stake and 35% revenue share in a new South African entity. A separate memorandum covers a student wellbeing AI pilot at Nelson Mandela University.
Broadcom stock slips (AVGO) after Intel’s forecast shakes chip mood; Fed and Big Tech earnings ahead

Broadcom stock slips (AVGO) after Intel’s forecast shakes chip mood; Fed and Big Tech earnings ahead

Broadcom shares fell 1.7% to $320.05 in after-hours trading Friday, tracking declines in chip stocks after Intel’s weak outlook. The U.S. government announced a new procurement deal offering federal agencies discounts of up to 64% on Broadcom’s VMware software through May 2027. Investors are watching for further moves as tech earnings and macroeconomic data approach next week.
AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD shares rose 2.3% to $259.65 in after-hours trading Friday following Intel’s warning of server chip shortages for AI data centers. Intel projected quarterly revenue below forecasts, citing unexpected demand. The Nasdaq stock saw heavy volume, with traders watching for AMD’s earnings on Feb. 3 and the Fed decision next week. Nvidia gained after reports of new Chinese orders for its AI chips.
Micron stock closes higher near $400 as HSBC lifts target to $500 on memory-price crunch

Micron stock closes higher near $400 as HSBC lifts target to $500 on memory-price crunch

Micron shares closed up 0.5% at $399.58 after swinging between $390.80 and $411.90. HSBC raised its price target to $500, citing stronger DRAM pricing and demand. Rising memory costs are pressuring PC and phone makers, with IDC forecasting a 4.9% drop in PC shipments and a 2% fall in smartphones for 2026. Micron shareholders approved a charter amendment limiting some officer liability.
Life360 stock jumps 22% as record Q4 user growth lifts outlook ahead of March results

Life360 stock jumps 22% as record Q4 user growth lifts outlook ahead of March results

Life360 shares jumped 22% Friday after the company reported record Q4 user and subscriber growth and raised its 2025 revenue and adjusted EBITDA forecasts. The stock reached $66.90 in afternoon trading, up $12.09. Global monthly active users rose to 95.8 million, with 2.8 million paying circles. Full-year results and 2026 guidance are set for release March 2.
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Stock Market Today

  • Bank of America Highlights Compelling Stocks Including Yum China and Aramark
    June 6, 2026, 11:57 AM EDT. Bank of America named several attractive stocks to watch, including Yum China, Aramark, Bath & Body Works, Church & Dwight, and Taiwan Semiconductor. Analyst Chen Luo highlighted Yum China's strong fundamentals despite recent price weakness, pointing to rising same-store sales and resistance to merger offers. Aramark's new Nexus platform positions it well in the growing AI data center market, with potential for significant earnings upside. Bath & Body Works benefits from successful Amazon sales strategies enhancing customer reach and margin stability amid fuel cost concerns. Church & Dwight stands out for steady volume growth, market share gains, and resilience during downturns. The bank advises investors to consider buy opportunities amid market volatility, emphasizing compelling risk/reward profiles.

Latest articles

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

6 June 2026
SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.
Clorox Shares Gain 5% As Broader Market Drops—What’s Ahead

Clorox Shares Gain 5% As Broader Market Drops—What’s Ahead

6 June 2026
Clorox surged 5.03% to $94.14 Friday, defying a 2.64% S&P 500 drop, as investors sought safety despite CEO-transition risk, weak organic sales guidance, and looming U.S. inflation data; the stock remains 28.7% below its 52-week high after a week marked by management uncertainty and a challenging consumer environment.
BETA Technologies Heads Into Next Test Following Friday’s Drop

BETA Technologies Heads Into Next Test Following Friday’s Drop

6 June 2026
BETA Technologies shares slid 5.6% to $17.13 after posting a $122.3 million Q1 net loss and guiding to a full-year adjusted EBITDA loss of $355–$445 million, as investors brace for management’s updates at key aerospace conferences and weigh new attention on its electric aircraft against persistent cash burn and certification risks.
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