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Technology 14 February 2026 - 15 February 2026

Seagate stock price slips into Presidents Day break as $600 million note swap nears (STX)

Seagate stock price slips into Presidents Day break as $600 million note swap nears (STX)

Seagate shares fell 1.2% to $425.99 Friday, trailing storage peers after hitting a 52-week high Thursday. The company plans to exchange $600 million in 2028 notes for $599.2 million cash plus shares, with the deal expected to close Feb. 17, pending final terms. U.S. markets are closed Monday for Presidents Day, delaying trading until Tuesday. Seagate warned the note exchange is not guaranteed.
15 February 2026
Lam Research stock price rises as chip-tool rally builds — what to watch after the holiday

Lam Research stock price rises as chip-tool rally builds — what to watch after the holiday

Lam Research shares rose 1.83% to $235.53 Friday, lifted by Applied Materials’ strong outlook for chipmaking equipment. U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday. Director Eric Brandt sold 35,000 shares on Feb. 6, according to an SEC filing. Lam’s board approved a $0.26 quarterly dividend, payable April 8.
Zoho’s Sridhar Vembu doubles down: Big Tech is ‘bigger than most sovereign nations’ after Alphabet’s $32B bond rush

Zoho’s Sridhar Vembu doubles down: Big Tech is ‘bigger than most sovereign nations’ after Alphabet’s $32B bond rush

Zoho co-founder Sridhar Vembu compared Big Tech’s influence to the British East India Company in a post on X, following Alphabet’s $31.5 billion multi-currency bond sale, including a rare 100-year tranche. Vembu’s remarks come as debate grows over “technology sovereignty” amid surging AI infrastructure spending by major tech firms.
Semiconductor stocks: Applied Materials jump steadies chip gear names as Nvidia slips into holiday week

Semiconductor stocks: Applied Materials jump steadies chip gear names as Nvidia slips into holiday week

Applied Materials surged 8% Friday after forecasting revenue and profit above Wall Street estimates, citing AI-driven demand. Nvidia fell 2.2% and Broadcom dropped 1.8%, while the iShares Semiconductor ETF rose 0.9%. U.S. CPI rose 0.2% in January. Markets close Monday for Presidents Day.
Oracle stock price climbs into holiday break as India cloud push and funding plan stay in focus

Oracle stock price climbs into holiday break as India cloud push and funding plan stay in focus

Oracle shares closed up 2.3% at $160.14 Friday, capping a 12% weekly gain after early-February losses. U.S. markets are closed Monday for Washington’s Birthday, with trading set to resume Tuesday. Oracle plans to expand its cloud footprint in India and add services inside Amazon Web Services. The company’s next quarterly results are due March 9.
Arista Networks stock jumps on AI demand — but “horrendous” memory costs loom

Arista Networks stock jumps on AI demand — but “horrendous” memory costs loom

Arista Networks shares jumped 4.8% to $141.59 Friday after the company forecast higher quarterly revenue and steady margins despite rising memory costs. The company reported a 28.9% year-over-year revenue increase to $2.49 billion and guided for first-quarter revenue of about $2.6 billion. U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday.
Alphabet Class C (GOOG) stock price: Bond borrowing and AI spend set up Tuesday’s trade

Alphabet Class C (GOOG) stock price: Bond borrowing and AI spend set up Tuesday’s trade

Alphabet closed a $31.51 billion multi-currency bond sale on Feb. 13, with some tranches maturing as late as 2126 and few investor protections. GOOG shares ended Friday at $306.02, down 1.1%. U.S. markets reopen Tuesday after the holiday. Investors are watching Alphabet’s rising capital spending and upcoming Fed and economic data for signals on rates and tech valuations.
Palantir stock eyes Tuesday test after DISA authorization and Burry valuation warning

Palantir stock eyes Tuesday test after DISA authorization and Burry valuation warning

Palantir shares rose 1.8% to $131.41 Friday after the company said DISA cleared its PFCS Forward service for on-premises and edge use, expanding IL5/IL6 authorizations. About 49 million shares traded in a volatile session. Investors are weighing new defense cloud momentum against renewed valuation concerns. U.S. markets will be closed Monday for Presidents Day.
15 February 2026
Apple stock stumbles into Presidents Day week as FTC warning and Siri AI delays hang over AAPL

Apple stock stumbles into Presidents Day week as FTC warning and Siri AI delays hang over AAPL

Apple shares fell 2.3% to $255.78 Friday, capping a two-day drop of over 7% after an FTC warning letter and renewed delays in AI-powered Siri features. The stock erased its year-to-date gains. U.S. markets close for Presidents Day and reopen Tuesday. Investors await Apple’s Feb. 24 shareholder meeting and key economic data next week.
SanDisk stock price steadies near $627 after a wild Friday — what to watch next week

SanDisk stock price steadies near $627 after a wild Friday — what to watch next week

Sandisk shares closed Friday down 0.5% at $626.56 after a volatile session, swinging between $587.10 and $661.15. U.S. markets close Monday for Presidents Day, with trading set to resume Tuesday. Storage stocks, including Western Digital and Seagate, also slipped into the weekend. Investors remain focused on Sandisk’s AI-driven outlook and recent earnings guidance.
KLA stock in focus: KLAC heads into holiday week after $400 million India R&D pact

KLA stock in focus: KLAC heads into holiday week after $400 million India R&D pact

KLA Corp shares rose 0.92% to $1,464.13 Friday after announcing a deal with Tamil Nadu to build a major R&D campus in Chennai. The company plans to invest up to $400 million over 10 years, with the site expected to create up to 4,000 skilled jobs. The project will focus on AI-driven semiconductor technologies and process control tools, according to company and state officials.
Snowflake stock (SNOW) jumps 5% into long weekend as AI nerves and earnings near

Snowflake stock (SNOW) jumps 5% into long weekend as AI nerves and earnings near

Snowflake shares jumped 5.4% to $182.29 Friday after a previous drop, with trading volume at 8.33 million shares. The move followed lower Treasury yields and U.S. inflation data that fueled bets on Fed rate cuts. Snowflake recently announced a $200 million OpenAI partnership and a deal with U.S. Figure Skating. The company reports earnings after market close on Feb. 25.
Qualcomm stock price: QCOM ends higher, but Samsung launch and memory crunch loom into next week

Qualcomm stock price: QCOM ends higher, but Samsung launch and memory crunch loom into next week

Qualcomm shares closed Friday up 1.6% at $140.70, outperforming the Nasdaq as Nvidia and Broadcom fell. Trading volume topped 13 million shares, above the 50-day average, but the stock remains 32% below its 52-week high. U.S. markets are closed Monday for Washington’s Birthday, with trading set to resume Tuesday. Samsung’s Feb. 25 Galaxy Unpacked event is the next major industry event for handset demand signals.
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