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Technology News 8 January 2026

Vertiv (VRT) stock drops 7% as tech traders turn picky on AI data-center plays

Vertiv (VRT) stock drops 7% as tech traders turn picky on AI data-center plays

New York, January 8, 2026, 15:23 ET — Regular session Shares of Vertiv Holdings fell about 7% on Thursday, trading near $159.55 and sliding as low as $158.78 after opening around $171.26. The drop lands in a market that has started to punish expensive AI-adjacent names on bad days and ask harder questions on good ones. “While AI is still hot, there are going to be winners and losers,” Art Hogan, chief market strategist at B. Riley Wealth, said, as U.S. tech stocks lagged. Reuters That scrutiny sharpens on Friday, when the Labor Department is due to publish its December
8 January 2026
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D-Wave Quantum stock drops after $550M Quantum Circuits deal; QBTS eyes Jan. 27 Qubits event

D-Wave Quantum stock drops after $550M Quantum Circuits deal; QBTS eyes Jan. 27 Qubits event

New York, Jan 8, 2026, 15:12 (EST) — Regular session D-Wave Quantum Inc shares were down 3.8% at $29.05 on Thursday, a day after the company unveiled a $550 million agreement to buy Quantum Circuits, a private developer of gate-model quantum hardware. The move matters because D-Wave is trying to prove it can turn quantum computing from demos into sales, and the acquisition is a costly way to speed that pitch. Gate-model systems are designed to run broader classes of quantum algorithms, while D-Wave’s annealing machines are built mainly to tackle optimization problems. SEC Investors are also fixated on the
8 January 2026
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Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

New York, Jan 8, 2026, 14:34 EST — Regular session Seagate Technology Holdings fell 9.3% to $279.72 in afternoon trade, after swinging between $310.50 and $278.26. Western Digital dropped 8.0% and Sandisk fell 7.0% as the broader storage rally lost steam. The pullback follows a burst of buying earlier this week after comments from Nvidia CEO Jensen Huang at the CES show in Las Vegas pushed traders toward memory and storage names. Investopedia reported Huang told analysts AI-specific storage and memory are “a completely unserved market today,” and noted Seagate and Western Digital jumped on Tuesday before giving back part
8 January 2026
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Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

New York, Jan 8, 2026, 13:42 EST — Regular session Ciena Corp (CIEN) shares were down about 14% at $222.73 on Thursday, after ending Wednesday at $259.27 and touching $260 earlier in the session. Roughly 2.8 million shares had changed hands by early afternoon. Optical peer Lumentum Holdings fell about 11% and Coherent slid roughly 9%, while Arista Networks was down about 5%. The networking-equipment maker has become a proxy for rising data traffic in cloud and AI data centers, and that can make the stock whip around when the wider market mood shifts. The group has been running hot,
8 January 2026
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Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

New York, Jan 8, 2026, 14:17 EST — Regular session Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip name. The stock was down 9.9% at $109.10 in afternoon trading, after touching $123 earlier in the session. The drop came as tech shares slipped more broadly, with traders looking ahead to Friday’s U.S. payrolls report after jobless claims rose modestly. Storage names also weakened; SanDisk fell about 10% while Western Digital and Seagate lost about 9% each. “Investors might be repositioning their holdings, so tech
8 January 2026
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Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

New York, January 8, 2026, 13:44 (ET) — Regular session Applied Optoelectronics (AAOI.O) slid 14.9% to $32.40 in afternoon trading on Thursday after opening at $37.91, with about 6.2 million shares changing hands. The stock hit an intraday low of $31.70. The drop landed as investors trimmed exposure to big tech, leaving the Nasdaq down about 0.5% around midday even as the Dow rose. “Investors might be repositioning their holdings,” Joe Saluzzi, partner and co-founder at Themis Trading, said, adding it was too soon to call it a lasting rotation away from tech. Other optics and data-center networking names were
8 January 2026
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CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

NEW YORK, Jan 8, 2026, 13:07 EST — Regular session CoreWeave shares rose 1.6% to $78.43 on Thursday, after Wells Fargo cut its price target on the AI cloud firm while keeping a buy-equivalent rating. The stock ranged between $76.03 and $79.92. Futu News The calls land at a moment when investors are trying to pin down what “AI infrastructure” is worth once you strip out the excitement and look at debt, buildout timing and cash needs. CoreWeave’s shares have swung sharply in recent months, including after the company previously warned of revenue pressure tied to delays in bringing data
8 January 2026
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IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

New York, Jan 8, 2026, 12:58 EST — Regular session IREN Limited (NASDAQ: IREN) shares were up about 6.3% at $46.38 in midday trading on Thursday, after swinging between $42.69 and $47.57 earlier in the session. The move matters because IREN has become a fast, levered way to trade two themes at once: bitcoin-linked cash flows and demand for AI data center capacity. This week’s CES headlines have kept the AI side in play, while macro data on Friday could swing risk appetite across the tape. https://techcrunch.com/2026/01/06/ces-2026-everything-revealed-from-nvidias-debuts-to-amds-new-chips-to-razers-ai-oddities/ Bitcoin was little changed around $91,000, but U.S.-listed miners were mostly higher. Marathon
8 January 2026
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Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

NEW YORK, Jan 8, 2026, 12:50 EST — Regular session Ford Motor (F.N) shares rose 4.7% to $14.39 by midday on Thursday after Piper Sandler upgraded the automaker to “overweight,” a call for the stock to outperform. The gain came as the broader S&P 500 was little changed. Reuters The upgrade lands as investors look for signs Detroit is finding profit again after a rough stretch for electric-vehicle bets and pricing. Ford this week reported a 6% rise in 2025 U.S. sales, leaning on hybrids and its compact Maverick pickup while electric-vehicle sales growth cooled. Reuters Ford has also put
8 January 2026
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AST SpaceMobile stock rebounds after Scotiabank downgrade — what’s next for ASTS

AST SpaceMobile stock rebounds after Scotiabank downgrade — what’s next for ASTS

New York, January 8, 2026, 12:43 PM EST — Regular session AST SpaceMobile (ASTS) shares were up 5.9% at $90.75 in midday trading on Thursday, after swinging between $85.11 and $93.96. The stock ended Wednesday at $85.73. The bounce follows a sharp jolt in a stock that has been a standout winner. ASTS fell 12% on Wednesday after a Scotiabank downgrade reignited valuation worries, and the shares traded as low as $83.91 in the session, Barron’s reported. The stock was still up about 304% over the past 12 months, and Barron’s said the company is not expected to turn profitable
8 January 2026
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Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

New York, Jan 8, 2026, 12:43 ET — Regular session Lumentum Holdings Inc (LITE) shares fell 10.7% to $351.00 on Thursday, after touching $399.88 earlier in the session. The stock hit a low of $343.41 as the selloff spread through AI-linked hardware names. Lumentum designs and makes optical and photonic products used in optical networking and laser applications. Its Cloud & Networking unit sells components used in AI and machine-learning infrastructure and in data center interconnect (DCI), the gear that links data centers together. Reuters The move matters because Lumentum has turned into a fast trade on data-center capex, and
8 January 2026
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Lam Research stock slips below $200 as chip gear makers slide; jobs report looms

Lam Research stock slips below $200 as chip gear makers slide; jobs report looms

New York, January 8, 2026, 11:27 EST — Regular session Lam Research shares fell 2.2% to $198.62 on Thursday, tracking a broader drop in semiconductor names. The stock touched $195.14 at its low so far. Lam, a major supplier of chipmaking tools, tends to swing with expectations for factory spending and the pace of upgrades at big chipmakers. That matters now because rate-sensitive tech has been jittery, and investors are trying to pin down whether early-year momentum can hold into earnings season. Applied Materials slid about 4.0%, KLA fell roughly 2.7% and ASML’s U.S.-listed shares dropped about 3.9%, while the
8 January 2026
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Stock Market Today

HSBC share price rebounds after BoE vote jolts UK banks — what to watch before Monday

HSBC share price rebounds after BoE vote jolts UK banks — what to watch before Monday

7 February 2026
London, Feb 7, 2026, 08:00 GMT — Market closed. HSBC Holdings Plc shares (HSBA.L) ended Friday higher in London, with the stock closing at 1,305.8 pence (13.06 pounds), up 2.21% on the day after trading between 1,275.4p and 1,307.0p. (Investing.com) The bounce matters now because UK rate expectations are moving again, and lenders sit right on that fault line. When markets bring forward cuts, banks tend to take it on the chin because their lending margins can narrow. Friday’s recovery fit a broader shift in tone. London’s FTSE 100 finished up 0.6%, with bank stocks doing much of the lifting;
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.
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