Technology 8 May 2026 - 10 May 2026

Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up
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Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up

Longi Green Energy Technology has launched its first Finnish battery energy storage system, a 2 MW/4 MWh unit at the Söderby Solpark solar site in the Åland Islands. The system, designed for sub-zero conditions, integrates with a 4 MW solar plant and can restart local power after outages. Grid operator Fingrid reports 1,050 MW of storage now connected nationwide. Finland is tightening rules for battery grid integration as storage demand rises.
May 10, 2026
WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth
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WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth

WiseTech Global shares closed at A$42.27 on May 8, down 4.6% and far below their 52-week high, as investors react to an AI-driven restructure and uncertainty over 2,000 planned job cuts. Trading has been volatile, with shares rising 5.2% on May 5 before three sessions of losses. The company reported first-half fiscal 2026 revenue up 76% and EBITDA up 31%, citing the e2open acquisition and AI rollout.
May 10, 2026
BHP Group’s AI Iron Ore Fix Unlocks 1 Million Tonnes as Investors Chase Copper, AI Exposure
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BHP Group’s AI Iron Ore Fix Unlocks 1 Million Tonnes as Investors Chase Copper, AI Exposure

BHP’s AI-powered computer vision system in Western Australia has delivered nearly 1 million tonnes a year in extra iron ore output, according to Chief Digital Officer Mikko Tepponen. The technology cut crusher downtime by 20% and reduced disruptions by up to 60%. BHP shares last traded at A$57.95, down 0.97%. The company will release its next operational review on July 16.
May 10, 2026
AMD Stock Rally Hits a New Intel Problem After Apple Chip Deal Report
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AMD Stock Rally Hits a New Intel Problem After Apple Chip Deal Report

Intel shares jumped 13.9% after a Wall Street Journal report said the company reached a preliminary chip-making deal with Apple, though neither company confirmed the agreement. AMD closed up 11.4% following strong earnings and raised forecasts for AI server demand. Investors are watching how the Apple-Intel deal could affect AMD’s momentum and the broader U.S. chip market. U.S. markets were closed Sunday.
May 10, 2026
Why Flutter’s FanDuel CEO Shake-Up Is Bigger Than Amy Howe’s Exit
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Why Flutter’s FanDuel CEO Shake-Up Is Bigger Than Amy Howe’s Exit

Flutter Entertainment replaced FanDuel CEO Amy Howe with President Christian Genetski and promoted Dan Taylor to group president overseeing U.S. operations. The company cut its 2026 revenue and profit forecasts, citing slower growth at FanDuel. Howe’s exit was not voluntary; she will receive $4.37 million in severance. DraftKings, FanDuel’s main U.S. rival, reported stronger growth and maintained its outlook.
May 9, 2026
London Stock Exchange Group Stock Falls as LSEG’s AI Data Push Faces Investor Test
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London Stock Exchange Group Stock Falls as LSEG’s AI Data Push Faces Investor Test

London Stock Exchange Group shares closed down 1.61% at £90.38 on Friday, underperforming the FTSE 100, before trading paused for the weekend. Volume was about half the 50-day average. The drop follows a record first-quarter update and a £1.1 billion buyback, but the stock remains well below its year high amid investor concerns over AI’s impact on LSEG’s data business.
May 9, 2026
Elon Musk’s SpaceX Is Now Powering Claude After Anthropic’s 80-Fold AI Surge
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Elon Musk’s SpaceX Is Now Powering Claude After Anthropic’s 80-Fold AI Surge

Anthropic has leased all computing capacity at SpaceX’s Colossus 1 data center in Memphis, securing access to over 220,000 Nvidia GPUs and 300 megawatts of power within a month. The move follows an 80-fold surge in Claude usage and revenue in Q1, which outpaced infrastructure and led to outages and limits. Anthropic is now doubling Claude Code rate limits and lifting peak-hour restrictions for subscribers.
May 8, 2026
Apple Mother’s Day Sale Joins Flipkart and Amazon Rush: iPhone, MacBook Discounts to Watch
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Apple Mother’s Day Sale Joins Flipkart and Amazon Rush: iPhone, MacBook Discounts to Watch

Apple launched a Mother’s Day cashback offer of up to ₹10,000 on select products in India, coinciding with Amazon’s Great Summer Sale and Flipkart’s Sasa Lele event. Smartphone shipments in India may drop 10%-12% in 2026 as memory chip prices rise. Flipkart and Amazon are offering aggressive phone discounts and bank offers. Apple’s cashback applies to specific models and select credit cards.
May 8, 2026
KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus
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KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus

KPIT Technologies founder and chairman S.B. (Ravi) Pandit died in Pune on Friday, the company said in a regulatory filing. The cause of death was not disclosed and no successor was named. KPIT reported Q4FY26 revenue of $185 million and $349 million in new deals, but shares had fallen the previous day after a 33% drop in quarterly profit. Markets were closed at the time of the announcement.
May 8, 2026
Rocket Lab Stock (RKLB) Surges After Record Q1 Revenue, Biggest Launch Deal And U.S. Defense Wins
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Rocket Lab Stock (RKLB) Surges After Record Q1 Revenue, Biggest Launch Deal And U.S. Defense Wins

Rocket Lab shares jumped 28% to $100.78 after reporting record quarterly revenue of $200.3 million and a narrowed net loss of $45 million. The company disclosed a $2.2 billion backlog and signed its largest launch contract to date, including five Neutron and three Electron launches. Rocket Lab also won a $30 million hypersonic test launch deal from Anduril and was selected for a U.S. Space Force missile-defense project.
May 8, 2026
Xbox Project Helix Update Coming This Year as PS6 Price Doubts Shake Console Race
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Xbox Project Helix Update Coming This Year as PS6 Price Doubts Shake Console Race

Microsoft said it will share more details on Project Helix, its next-generation Xbox console, later this year after a developer event offered no new information. Rising memory-chip prices are pressuring console makers, with Sony and Nintendo also affected. Project Helix will use a custom AMD chip and is designed for both Xbox and PC games. Microsoft has not announced a launch date or price.
May 8, 2026
Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines
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Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines

Rolls-Royce will start field tests of a hybrid drive system for mining trucks in autumn 2026, aiming to cut fuel use and emissions by up to 30%. Power Systems order intake jumped about 50% in Q1, with a £7.3 billion backlog at March’s end. Shares closed at 1,218.26p Friday, down 3.24% after a volatile week. The company kept its 2026 profit guidance unchanged despite Middle East-related disruptions.
May 8, 2026
Alphabet’s AI Boom Puts Nvidia’s $5 Trillion Market-Cap Crown In Play
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Alphabet’s AI Boom Puts Nvidia’s $5 Trillion Market-Cap Crown In Play

Nvidia shares rose 2.3% to $216.45 midday Friday, valuing the company at $5.30 trillion and keeping it ahead of Alphabet, which gained 0.2% to $398.85 for a $4.83 trillion valuation. Alphabet’s Google Cloud revenue jumped 63% to $20 billion in the first quarter, with CEO Sundar Pichai citing enterprise AI as its main growth driver. Alphabet began selling its own AI chips but continues to use Nvidia GPUs.
May 8, 2026
SanDisk Stock Nears $1,500 As Analysts Reprice The AI Memory Boom
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SanDisk Stock Nears $1,500 As Analysts Reprice The AI Memory Boom

SanDisk shares surged nearly 12% Friday, hitting $1,498.30 and valuing the company at about $235 billion, after analysts raised targets on booming AI-driven storage demand. The company reported Q3 revenue up 251% to $5.95 billion and signed multi-year supply deals worth at least $42 billion. Wall Street targets now range from $1,000 to $1,800. SanDisk forecasts Q4 revenue of $7.75–$8.25 billion.
May 8, 2026
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