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Technology

Mid‑Year Review: Energy down 7.87%, Tech up 27.5% as rates rise

A recent webinar, hosted by Daniel Snyder, reviewed the first half of the 2026 Top 10 stock performance, underscoring a pronounced split between energy and technology trends as market indices chase historic levels. The discussion highlighted a 7.87% monthly pullback for energy equities contrasted …

Vinay Lochav | 09 July 2026

Rackspace Technology (NASDAQ: RXT) Launches $250M Stock Sale Program Amid Cloud Growth

Rackspace Technology (NASDAQ: RXT) has announced a $250 million stock sale program alongside several financial initiatives designed to enhance liquidity and support its ongoing expansion in the cloud services market. The moves come as the company continues to invest in hybrid and multi‑cloud solutions …

Vinay Lochav | 09 July 2026

SK Hynix $28 Billion Nasdaq ADR Oversubscribed in Chip Sector Surge

South Korea’s SK Hynix is set to make a high-profile entry into U.S. Markets, capitalizing on a semiconductor sector rally that has sent its stock soaring. The chipmaker’s oversubscribed $28 billion bookbuild signals strong investor appetite for memory chip exposure, lifting South Korean equities …

Vinay Lochav | 09 July 2026

Trump Media & Technology: Social Media (NASDAQ: DJT) Firm Cites Communism in Messaging Surge, Stock Sees Minor Decline

A social media company traded on NASDAQ recently issued a series of public statements that included repeated references to communism. The shift in messaging coincided with a small decline in its share price, suggesting that investors may be reacting to the company’s political tone …

Vinay Lochav | 09 July 2026

Quantum (NYSE: QBTS)‑Computing Exit Value Climbs to $5.7B in Q1, D‑Wave Falls 2.9%

D‑Wave Quantum Inc (NYSE: QBTS) experienced a 2.9% dip, trading at $20.46 in the most recent session. The move coincided with new data from PitchBook Emerging Tech Research that highlighted a notable rise in quantum‑computing exits during the first quarter, a shift largely driven …

Vinay Lochav | 09 July 2026

GoPro (NASDAQ: GPRO) secures $20 million senior notes and 25.7 million warrants issuance

GoPro announced a financing deal on July 1, 2026, that will add $20.0 million in gross proceeds to its balance sheet. The arrangement involves senior secured notes and a warrant package linked to the company’s Class B common stock, which carries a nominal par …

Vinay Lochav | 09 July 2026

InStride’s Capability Accelerators Win Top EdTech Award, 28% Promotion Rate Within Months

The accolade underscores rising investment in corporate learning platforms, particularly those that blend AI and industry expertise. Analysts anticipate that the award will boost demand for similar cohort‑based curricula across technology and manufacturing sectors.

Vinay Lochav | 09 July 2026

Micron Technology (NASDAQ: MU) Secures Long-Term Chip Deal with Ford Amid Memory Price Surge

Micron Technology Inc. (NASDAQ: MU) recently finalized a long-term agreement with Ford Motor, aimed at ensuring a steady supply of essential memory chips for the automaker's next generation of vehicles. This arrangement is vital for guaranteeing that Ford has access to reliable chip supplies …

Vinay Lochav | 09 July 2026

Quantum Computing Stocks Slide as Rigetti Faces Delays, Revenue Shortfalls

Quantum computing stocks retreated sharply as Rigetti’s latest setbacks cast doubt on the sector’s commercial prospects. The company’s delays in product development and subdued revenue growth triggered a broader sell-off, with investors reassessing the timeline for quantum technology’s market readiness. The downturn reflects mounting …

Vinay Lochav | 09 July 2026

SanDisk tumbles 7.3% due to profit‑taking, extending loss streak to four days

SanDisk (NASDAQ: SNDK) experienced a sharp pullback on Tuesday, with the share price sliding 7.26% to $1,617.70. The move marked the fourth consecutive day of declines, following a rally driven by burgeoning AI demand for memory and storage solutions. The dip underscores the market’s …

Vinay Lochav | 09 July 2026
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