Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Credit Karma, part of Intuit Inc., is now letting Americans without any credit history onto its platform. The move comes only days after the company rolled out a new QuickBooks workforce tool aimed at small and mid-sized businesses, extending its consumer footprint yet again.

8 May 2026

Eaton Stock Rebounds After AI Data-Center Orders Surge, But Margin Worries Still Bite

Eaton Corporation plc bounced Friday, recouping some of Thursday’s losses. The power-management giant has benefited from a surge in AI data-center orders, but investors remained wary about margins and short-term guidance.

8 May 2026

Artificial Intelligence·Data Centers·NYSE:ETN·Stock Market·Technology

Samsara Stock Slips as Its AI Data-Moat Story Faces a June Earnings Test

Samsara Inc. dropped 4.6% in early U.S. trading Friday. The fleet-software company has been talking up new data-focused products, while investors are sizing up a bullish case for its AI tools in physical operations. Shares last changed hands at $28.73, putting its market cap near $16.8 billion.

8 May 2026

Earnings Reports·NASDAQ:IOT·Stock Market·Technology

Qualcomm Stock Jumps Again as Wall Street Bets AI Phones Can Rewrite Its Story

Qualcomm jumped roughly 6% in early Friday trading, after Daiwa Securities bumped its rating up to Outperform from Neutral. The firm also raised its price target on the chipmaker to $225, throwing more momentum behind one of the U.S. semiconductor sector’s stronger comebacks.

8 May 2026

Artificial Intelligence·NASDAQ:QCOM·Technology

Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare is laying off over 1,100 employees—about a fifth of its staff—while overhauling its business to focus on artificial intelligence. The company beat expectations for first-quarter earnings, yet its stock tumbled nearly 19% in after-hours trading. The reason? Cloudflare’s revenue guidance for the second quarter missed the mark, coming in just shy of analysts’ estimates.

8 May 2026

Artificial Intelligence·NYSE:NET·Stock Market·Technology

Fidelity Layoffs 2026: 800 Jobs Cut As Boston Firm Rebuilds Tech Teams And Hires Thousands

Fidelity Investments will lay off around 800 employees—about 1% of its worldwide staff—as part of a shake-up among its technology and product delivery units. Even as those roles disappear, the Boston-based financial giant said it plans to bring on thousands of new hires, targeting early-career engineers and others. The moves mark a shift in how it staffs, not a broad pullback.

8 May 2026

Technology

CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

Shares of CoreWeave Inc. slid roughly 7% in pre-market trading Friday. The AI cloud company disappointed, guiding second-quarter revenue below analysts' $2.7 billion estimate and bumping up the lower end of its 2026 spending target. Bloomberg reported the new revenue range lagged Wall Street’s expectations.

8 May 2026

Stock Market·Technology

Block Stock Jumps as Cash App Boom Lifts 2026 Outlook Despite Quarterly Loss

Block Inc lifted its full-year guidance after first-quarter profit came in well above forecasts, thanks to brisk growth from Cash App lending and Square's merchant payments business. Shares jumped in after-hours trading Thursday.

8 May 2026

NASDAQ:SQ·Stock Market·Technology

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot topped Wall Street’s Q1 forecasts on both revenue and profit, but the shares slipped as attention turned to a softer beginning for the current quarter and a move to new AI-centered pricing. StockStory, via Barchart, noted the stock tumbled 11.9% right after earnings.

8 May 2026

NASDAQ:HUBS·Stock Market·Technology

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Inc.’s AI chip arm, Kunlunxin, is taking steps for a Shanghai listing, on top of its previously announced Hong Kong IPO plan. The move gives investors more visibility into a closely watched Baidu asset.

8 May 2026

Artificial Intelligence·HKG:9888·NASDAQ:BIDU·Semiconductors·Stock Market·Technology

Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog surged Friday, catching the market’s attention as the New York-based software company lifted its 2026 sales target and clocked its first-ever quarter with revenue topping $1 billion. That’s a pointed response to skepticism around AI’s impact on enterprise software demand. Shares were last seen at $188.73, up $45.02 from the previous close, according to the latest figures.

8 May 2026

Artificial Intelligence·Cloud Computing·NASDAQ:DDOG·Stock Market·Technology

IREN Limited Stock Jumps After Nvidia’s $2.1 Billion AI Cloud Bet: What Changed

Nvidia is set to invest as much as $2.1 billion in IREN Limited through a fresh AI infrastructure tie-up, offering the Nasdaq-listed data center player a heavyweight ally as it looks to convert its bitcoin mining operations into AI cloud services. IREN stock jumped roughly 9% after hours, finishing the session at $56.85, according to Reuters.

8 May 2026

NASDAQ:IREN·NASDAQ:NVDA·Stock Market·Technology

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare plans to lay off over 1,100 employees worldwide—roughly 20% of its staff—as it shifts toward an AI-first strategy, the company said Thursday. Shares dropped more than 13% in after-hours trading, following a second-quarter revenue outlook that landed just shy of Wall Street’s expectations.

8 May 2026

Artificial Intelligence·Cloud Computing·NASDAQ:NET·Technology

Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Shares of Applied Optoelectronics dropped over 10% in early after-hours moves Thursday, as the optical-networking firm turned in first-quarter revenue and a second-quarter forecast that both missed analyst expectations—taking some air out of what’s been a popular AI-infrastructure play. Still, revenue increased 51% from the prior year, coming in at $151.1 million.

8 May 2026

Artificial Intelligence·Earnings Reports·NASDAQ:AAOI·Stock Market·Technology

Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies dropped roughly 13% Thursday after Level 3 Financing, its subsidiary, set the price on $1 billion in 7.5% senior notes maturing in 2037. The debt sale brought renewed attention to Lumen’s balance sheet as it dives further into cloud and AI networking. Senior notes, by definition, take priority over certain other claims in repayment order.

7 May 2026

Artificial Intelligence·NYSE:LUMN·Stock Market·Technology

Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software Inc. reported first-quarter revenue up 17% on Thursday, crediting growth in its ad and creation tools. Still, a $279 million impairment related to winding down legacy operations dragged net loss to $347 million.

7 May 2026

Artificial Intelligence·NYSE:U·Stock Market·Technology

DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

Docusign, Inc. has tapped Rowan Trollope—currently CEO at Redis—for a board seat, bringing on a leader with a background in both AI and cybersecurity. The move, aimed at bolstering Docusign's expansion into contract-management software, was disclosed Wednesday. Trollope’s appointment became official May 2, according to a regulatory filing.

7 May 2026

Artificial Intelligence·Digital Transformation·NASDAQ:CSCO·NASDAQ:DOCU·NASDAQ:FIVN·NYSE:SMAR·Technology

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies surged over 30% in U.S. trading on Thursday, with the Taiwan-based display-chip company projecting a second-quarter comeback and announcing a cash dividend. The update threw fresh attention on its automotive display and low-power AI segments. Nasdaq-listed shares were last seen at $16.17, up $3.84, after spiking to $17.94 earlier in the session.

7 May 2026

Artificial Intelligence·Earnings Reports·NASDAQ:HIMX·Stock Market·Technology

Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm surged $21.36 to finish at $213.93 on Thursday, up roughly 11%. Investors appeared to circle back to the idea that the smartphone-chip giant could be a lower-priced entry to AI hardware. Shares touched $223.58 at their peak, giving the company a market cap near $229 billion.

7 May 2026

NASDAQ:QCOM·Stock Market·Technology

BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry’s QNX division plans to spotlight its software at a Boston robotics conference later this month, aiming to highlight its potential uses beyond autos—think AI-powered robots, medical devices, and factory systems. On May 6, the unit announced it would deliver live demos, present a keynote, and unveil new research during the Robotics Summit & Expo, set for May 27-28. For BlackBerry, it’s another signal of its shift away from smartphones.

7 May 2026

Artificial Intelligence·NASDAQ:BB·Robotics·Technology