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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

New York, January 8, 2026, 20:49 EST — Market closed Seagate Technology Holdings plc shares fell 7.7% to close at $284.47 on Thursday, giving back more of this week’s sharp run-up in the data-storage group. Yahoo Finance The drop came as investors stepped away from “AI-linked” memory and storage winners after a strong start to the year. SanDisk fell 5.4% and Western Digital dropped 6.1% as the broader Nasdaq slipped and the S&P 500’s tech index lagged. Reuters Macro nerves were in the mix. Weekly jobless claims rose to 208,000 and economists in a Reuters poll expect December nonfarm payrolls
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

New York, Jan 8, 2026, 19:42 EST — After-hours trading kicked off and was in progress. Mastercard Incorporated shares stayed flat in after-hours trading Thursday following Apple’s announcement that JPMorgan Chase will take over as the new issuer of the Apple Card, with Mastercard continuing as the payment network. Mastercard Americas president Linda Kirkpatrick said the company is “thrilled” to keep working with Apple and Chase on the card. Apple For Mastercard, the shift is really about keeping transactions flowing through its network, not shouldering loan risk. The issuing bank handles lending to cardholders and managing their balances. Meanwhile, Mastercard’s
Microsoft stock slips after Copilot Checkout push; MSFT earnings loom

Microsoft stock slips after Copilot Checkout push; MSFT earnings loom

NEW YORK, Jan 8, 2026, 18:11 EST — After-hours Microsoft Corp shares fell 1.1% in after-hours trading on Thursday to $478.11, after swinging between $475.87 and $482.98 in the regular session. The dip keeps Microsoft (MSFT) tied to a familiar trade: investors are still willing to pay for growth, but they want cleaner proof that spending on artificial intelligence can turn into revenue and cash, not just new features. That test is getting louder as Big Tech rolls out more “agentic” tools — software that can take steps for a user, not only answer questions — and as the bill
Why Broadcom stock slid today: $4.5 billion bond sale, AI nerves and jobs data ahead

Why Broadcom stock slid today: $4.5 billion bond sale, AI nerves and jobs data ahead

NEW YORK, Jan 8, 2026, 6:08 PM EST — After-hours Broadcom Inc (AVGO.O) shares were down 3.2% at $332.48 in after-hours trading on Thursday, extending a late-day slide in chip stocks. Nvidia (NVDA.O) fell about 2.1% and Advanced Micro Devices (AMD.O) dropped 2.5%. The move matters because Broadcom sits near the center of the market’s AI trade — custom chips, networking gear and software that runs data centers. “AI is still hot, but it has become a ‘show me’ sector,” Art Hogan, chief market strategist at B. Riley Wealth, said, pointing to investor pressure for returns on capex, or capital
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

New York, January 8, 2026, 17:51 (EST) — After-hours Sandisk (SNDK.O) shares were down 5.3% at $334.54 in late trading on Thursday, after closing the regular session sharply lower and erasing part of this week’s CES-fueled jump. The stock swung between $311.07 and $363.74 on the day after finishing Wednesday at $353.40. The pullback hit other AI-linked memory and storage names too, with Western Digital down 6.1% and Seagate Technology off 7.7% in Thursday’s session. “It’s become a ‘show me’ sector,” Art Hogan, chief market strategist at B. Riley Wealth, said, as investors grew pickier about richly valued AI beneficiaries.
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

NEW YORK, January 8, 2026, 17:55 (ET) — After-hours Oracle shares fell 1.6% to $189.65 on Thursday and last traded at the same level after the close, after swinging between $186.25 and $192.78. About 19.4 million shares changed hands. The move tracked a broader pullback in tech as investors pressed for proof that big bets on artificial intelligence will pay off. The S&P 500 technology index fell 1.5% and the Nasdaq slipped, with Nvidia, Broadcom and Microsoft among the decliners. Reuters Oracle has been a live wire in that debate since it moved deeper into AI cloud infrastructure. In December,
Dow Jones ends higher on defense rebound as tech drags; Friday jobs report looms

Dow Jones ends higher on defense rebound as tech drags; Friday jobs report looms

New York, Jan 8, 2026, 17:06 EST — After-hours The Dow Jones Industrial Average ended higher on Thursday, lifted by a rebound in defense stocks after President Donald Trump called for a sharply larger U.S. military budget. The Dow rose 270.03 points, or 0.55%, to 49,266.11; the S&P 500 edged up 0.01% and the Nasdaq fell 0.44%. Reuters The market is trying to price two messages at once: a bigger spending push that could fatten defense backlogs, and a tougher line on contractors’ shareholder payouts. Trump said the 2027 military budget should be $1.5 trillion, versus $901 billion approved by
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
Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

New York, Jan 8, 2026, 15:37 EST — Regular session Applied Materials shares were down 3.9% at $280.91 in afternoon trading on Thursday, after earlier dipping to $279.43. Cantor Fitzgerald raised its price target on the chip-equipment maker to $425 from $350 and kept an “overweight” rating, meaning it expects the shares to outperform. MarketBeat The slide comes as investors turn more selective on tech and other AI-linked names after big gains. “While AI is still hot, there are going to be winners and losers,” said Art Hogan, chief market strategist at B. Riley Wealth. The Nasdaq was down 0.65%
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Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

7 February 2026
Lucid Group shares jumped 14% to $10.86 at Friday’s close, recovering from an 8% drop the previous day. The move followed a broad Wall Street rally that lifted high-volatility stocks. Lucid reported fourth-quarter deliveries of 5,345 vehicles and full-year deliveries of 15,841. Investors await Lucid’s Feb. 24 results for updates on cash and demand.
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