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Technology News 8 January 2026 - 9 January 2026

Seagate stock tumbles nearly 8% as AI-storage trade cools ahead of payrolls

Seagate stock tumbles nearly 8% as AI-storage trade cools ahead of payrolls

Seagate shares dropped 7.7% to $284.47 on Thursday, deepening a two-day slide among storage stocks as investors reduced tech exposure ahead of Friday’s U.S. jobs report. SanDisk fell 5.4% and Western Digital lost 6.1%. A U.S. appeals court revived Seagate’s antitrust claims against NHK Spring after the close. Seagate reports earnings January 20 and guided for Q2 revenue of $2.70 billion.
Mastercard stock steady as Apple taps JPMorgan for Apple Card — and keeps MA as the network

Mastercard stock steady as Apple taps JPMorgan for Apple Card — and keeps MA as the network

Apple said JPMorgan will take over as issuer of Apple Card in about two years, with Mastercard remaining the payment network. Mastercard shares held near $580 in after-hours trading Thursday. Visa closed down 1% at $352.23. Investors are watching Friday’s U.S. payrolls report and Mastercard’s upcoming earnings.
Microsoft stock slips after Copilot Checkout push; MSFT earnings loom

Microsoft stock slips after Copilot Checkout push; MSFT earnings loom

Microsoft shares fell 1.1% to $478.11 in after-hours trading Thursday, tracking declines in other tech stocks as the Nasdaq slipped 0.44%. The company announced the U.S. launch of Copilot Checkout, a chat-based shopping tool partnering with PayPal, Shopify, and Stripe. Investors remain cautious about AI spending translating into revenue. Microsoft reports fiscal Q2 results on Jan. 28.
Sandisk stock slips in late trade after AI-storage rally cools — what investors watch next

Sandisk stock slips in late trade after AI-storage rally cools — what investors watch next

Sandisk shares fell 5.3% to $334.54 in after-hours trading Thursday, extending a sharp drop after a volatile session that erased part of this week’s CES-driven surge. The stock, up over 800% since its 2025 spinoff, has swung on AI infrastructure bets and will report fiscal Q2 results on Jan. 29.
Oracle stock slips as tech cools on AI spending doubts; payrolls next test

Oracle stock slips as tech cools on AI spending doubts; payrolls next test

Oracle shares fell 1.6% to $189.65 Thursday, mirroring declines in tech stocks as the S&P 500 technology index dropped 1.5%. The stock traded near $190 after hours, with volume at 19.4 million shares. Oracle will trade ex-dividend Friday for its $0.50 payout. The stock sits about 45% below its 52-week high and remains under key moving averages.
Microsoft stock slides on Copilot Checkout launch with PayPal as Wells Fargo trims target

Microsoft stock slides on Copilot Checkout launch with PayPal as Wells Fargo trims target

NEW YORK, Jan 8, 2026, 16:39 EST — After-hours Microsoft (MSFT.O) shares closed down 1.1% on Thursday at $478.11 on about 18 million shares. PayPal (PYPL.O) said it is teaming up with Microsoft to support Copilot Checkout inside the company’s Copilot artificial-intelligence (AI) assistant, starting on Copilot.com, and aiming to “enable seamless, reliable transactions,” PayPal executive Michelle Gill said. The announcement landed as investors turned more selective on AI-linked stocks whose valuations have been lifted by a long run of gains, while defense names rallied. “Show me how you monetize this,” said Art Hogan, chief market strategist at B. Riley
Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

New York, Jan 8, 2026, 16:37 EST — After-hours Broadcom Inc shares fell 3.2% to $332.48 in after-hours trading on Thursday, after sliding to an intraday low of $330.52. The stock opened at $343.25 and briefly touched $343.50 before sellers pushed it lower. The move matters because Broadcom has become a popular proxy for AI data-center spending and the plumbing around it — custom chips, networking and the software stack that runs on top. When traders cut exposure to that theme, Broadcom often lands in the first wave. Wall Street ended mixed as technology names dipped, with the Nasdaq closing
Sandisk (SNDK) stock drops after CES-fueled surge cools, with earnings next

Sandisk (SNDK) stock drops after CES-fueled surge cools, with earnings next

New York, January 8, 2026, 16:11 EST — After-hours Sandisk Corp shares fell 5.4% in Thursday’s regular session to $334.54 and ticked up 0.3% after hours, after a volatile day that saw the stock swing between $310.78 and $360.98. The pullback hit a trade that has turned Sandisk into a proxy for AI-linked memory and storage demand, with investors betting data centers will need more flash chips and solid-state drives (SSDs), the flash-based storage used in PCs and servers. Western Digital slid about 6%, Seagate fell nearly 8% and Micron lost about 4%, while Nvidia eased about 2%. It also
Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

New York, January 8, 2026, 16:07 ET — After-hours Apple (AAPL.O) shares fell 0.7% to $258.58 in late trading on Thursday, valuing the iPhone maker at about $3.0 trillion. The stock, trading at roughly 30 times trailing earnings, swung between $255.83 and $260.25. The move comes as investors trim exposure to large technology stocks early in the year, when fresh U.S. data can shift interest-rate bets fast. Higher bond yields can hit growth stocks because they make future profits worth less in today’s money. For Apple, the timing matters because the company is leaning harder on services like payments and
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Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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