TECHNOLOGY

Facebook faced a global outage, affecting millions and sparking discussions on digital dependency and infrastructure resilience. The incident underscores the challenges of maintaining reliable global services.

AI spending is set to exceed $2.5 trillion by 2026, with key players like Nvidia, Microsoft, and OpenAI driving innovation across infrastructure, software, and frontier labs.

Moonshot AI's Kimi K3, the largest open-source AI model, boasts 2.8 trillion parameters and innovative features, outperforming rivals and impacting global tech markets amid political tensions.

Honda announces the return of the CB400 Super Four and CBR400R with E-Clutch technology, launching in Japan this summer. The models feature a 399cc engine and modern connectivity options.

Investors in 2026 face a choice between SK Hynix's AI memory demand and SpaceX's space ambitions, each offering distinct growth potential and risk profiles in transformative technology sectors.

Samsung's Freestyle+ projector, priced at $1,199.99, introduces AI-driven features like 3D Auto Keystone and Wall Calibration, enhancing image correction and portability for diverse projection environments.

Apple has reclaimed its position as the world's most valuable company, surpassing Nvidia, as investors favour its AI strategy and capital spending model. This marks a shift in tech market dynamics.

SpaceX shares have dropped over 45% since their IPO, driven by Starship launch failures and investor concerns. Despite setbacks, analysts remain optimistic about the company's long-term prospects.

NVIDIA's shares dipped amid market fluctuations, reflecting investor caution despite strong AI demand. The company's robust growth in AI infrastructure positions it as a key player in the evolving tech landscape.

SK Hynix's ADRs have experienced significant volatility since their Nasdaq debut, with dramatic price swings reflecting investor uncertainty and high demand. Analysts remain bullish despite the turbulence.

Wall Street faces turbulence as semiconductor stocks plunge and Netflix's forecast disappoints, amid geopolitical tensions and mixed economic signals, leading to significant market declines.

OpenAI launches its first hardware product, the Codex Micro keyboard, alongside unique merchandise like a $70 basketball, marking its entry into retail and sparking mixed reactions.

Google Vids now features AI avatars and enhanced video creation tools using Gemini Omni, allowing users to generate personalised avatars and edit videos with ease, while ensuring content authenticity.

Apple plans to launch an OLED iPad Mini in October, marking a significant redesign since 2021. The upgrade comes with a price increase due to a global memory chip shortage affecting consumer electronics.

OnePlus is exiting the US and European markets, focusing on China and India. Existing customers will receive continued support, but the OnePlus Community site will shut down in affected regions.

SK Hynix's ADRs have experienced significant volatility since their Nasdaq debut, driven by structural factors and leveraged trading products, despite strong fundamentals in the AI hardware sector.

Micron Technology's shares have dropped significantly due to increased competition from Chinese rivals and market uncertainties, despite analysts maintaining a bullish outlook on the company's long-term prospects.

The Russell 2000 index has surged nearly 22% in 2026, marking its best first-half performance since 1991, driven by semiconductor gains and improved small-cap fundamentals.

The Nasdaq Composite fell sharply as semiconductor stocks declined, overshadowing strong earnings from Taiwan Semiconductor. Investor concerns over valuations and geopolitical tensions contributed to market volatility.

South Korea's KOSPI index fell 6.49% due to a semiconductor stock selloff, triggering a trading halt. The decline follows a brief rally, highlighting ongoing market volatility.

SpaceX shares have dropped over 40% since their IPO, facing volatility and valuation challenges. However, FAA clearance for the next Starship test flight offers potential positive momentum.

Amazon's shares rose nearly 3% as investor confidence grows in its AI-driven cloud performance and resilient retail operations, highlighting its diversified business model and potential for sustained growth.

Microsoft's stock rises as investors pivot from chip stocks to AI software. Despite legal challenges and workforce changes, strong fundamentals and an OpenAI partnership support optimism.

Nvidia's stock dipped 1.48% following a recent rally, as CEO Jensen Huang reassured investors about AI chip production. Meanwhile, U.S. export policy shifts offer new opportunities for AI chip exports.

Palantir Technologies' stock rises due to an expanded Nvidia partnership and positive analyst actions, as the company shifts from government contracts to broader enterprise applications ahead of its earnings report.

AMD shares fell 5.77% amid semiconductor sector volatility, driven by memory chip market turmoil. Despite recent declines, analysts remain optimistic about AMD's AI growth potential and long-term prospects.

Navitas Semiconductor's stock remains volatile due to a patent dispute with Wolfspeed and a major capital raise. The company's focus on AI infrastructure and upcoming earnings report are key factors.

SanDisk shares fell 11.66% after Argus Research's 'Hold' rating, amid a broader memory chip sector pullback. Concerns over NAND pricing and inventory adjustments contributed to the decline.

Oracle Corp. reports record fiscal 2026 results, driven by strong cloud and AI infrastructure growth. The company sees continued expansion, with a $638 billion backlog and strategic investments in AI capabilities.