Technology 4 May 2026 - 6 May 2026

Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze

Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze

Samsung Electronics’ market value topped $1 trillion on Wednesday as shares surged 14.4% on strong AI chip demand, pushing Seoul’s KOSPI index above 7,000 for the first time. Samsung reported record first-quarter revenue of 133.9 trillion won and operating profit of 57.2 trillion won, driven by its chip division. Foreign investors bought a record 3.1 trillion won of Korean shares.
May 6, 2026
S&P 500 and Nasdaq Hit Records on AI Chip Rally. Japan’s Holiday Market Is Next

S&P 500 and Nasdaq Hit Records on AI Chip Rally. Japan’s Holiday Market Is Next

The S&P 500 and Nasdaq closed at record highs Tuesday, driven by gains in AI chip stocks and falling oil prices. Intel surged 13% after reports of talks with Apple, while AMD rose 4% ahead of earnings and another 5% after hours on strong results. June WTI crude dropped 3.9% to $102.27. Japan’s cash stock market remained closed for Golden Week, with Nikkei futures trading near 59,550.
May 6, 2026
Reddit Mobile Website Block Sparks Backlash as App Download Prompt Freezes Browsing

Reddit Mobile Website Block Sparks Backlash as App Download Prompt Freezes Browsing

Reddit is blocking some mobile web users from browsing unless they download its app, testing the prompt with frequent visitors. The move follows a 69% jump in first-quarter revenue to $663 million and a 17% rise in daily active uniques. Users report workarounds, but the prompt freezes scrolling and menus for many. Reddit did not say if the test will expand.
May 6, 2026
Vivo X300 FE, X300 Ultra Launch Today: Zeiss Zoom Sets Up India’s Next Premium Phone Fight

Vivo X300 FE, X300 Ultra Launch Today: Zeiss Zoom Sets Up India’s Next Premium Phone Fight

Vivo will launch the X300 Ultra and X300 FE smartphones in India at noon Wednesday, marking the Ultra line’s debut in the country. The X300 Ultra features a Zeiss camera system with three high-resolution sensors and supports telephoto extenders, while the FE model offers a compact design with a Sony IMX882 telephoto lens. Pricing remains unconfirmed. India’s premium phone segment grew 25% last quarter as budget sales declined.
May 5, 2026
Utah’s VPN Age-Check Law Starts Wednesday, And Websites Face A Hard Choice

Utah’s VPN Age-Check Law Starts Wednesday, And Websites Face A Hard Choice

Utah’s new online age-verification law takes effect Wednesday, requiring adult-content sites to verify users’ ages even if they use VPNs to mask their location. Covered sites face fines up to $2,500 per violation and are barred from encouraging VPN use to bypass checks. Privacy advocates warn the law could force sites to block VPN traffic or expand age checks. NordVPN says full compliance is technically impossible.
May 5, 2026
Apple’s iPhone 18 Pro Price Leak Has One Big Catch for Android Rivals

Apple’s iPhone 18 Pro Price Leak Has One Big Catch for Android Rivals

Apple may keep the iPhone 18 Pro and Pro Max starting prices at $1,099 and $1,199 in the U.S., despite rising memory chip costs, according to a Jeff Pu note cited by 9to5Mac. Reports suggest Apple could raise prices for higher-capacity models and add a 2TB Pro Max option using QLC flash memory. Dummy units indicate the iPhone 18 Pro Max camera area may be thicker than the current model.
May 5, 2026
Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot

Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot

Palantir shares dropped 5.46% to $138.06 Tuesday after U.S. commercial revenue missed estimates, despite first-quarter results beating forecasts. Revenue rose 85% to $1.63 billion, with net income at $870.5 million. U.S. commercial sales reached $595 million, below the $602 million estimate, while U.S. government revenue climbed to $687 million. Palantir raised its 2026 revenue outlook to as high as $7.662 billion.
May 5, 2026
Why Intel Stock Is Hitting A Record High As Apple Chip Talks Lift INTC

Why Intel Stock Is Hitting A Record High As Apple Chip Talks Lift INTC

Intel shares surged nearly 14% Tuesday, hitting a record $110.43, after reports Apple held talks to use Intel’s U.S. factories for main processors. Trading volume topped 92 million shares. Reuters said discussions with Apple and Samsung remain exploratory, with no orders placed. Intel’s Data Center and AI revenue rose 22% to $5.1 billion last quarter, but its foundry unit posted a $2.4 billion loss.
May 5, 2026
Dow’s 557-Point Drop Leaves Japan Watching Nikkei Futures as AI Chip Rally Faces Test

Dow’s 557-Point Drop Leaves Japan Watching Nikkei Futures as AI Chip Rally Faces Test

The Dow opened 95 points higher Tuesday after a sharp selloff tied to Middle East tensions and AI chip trade doubts. Japan’s cash stock market remains closed for Golden Week, shifting focus to Nikkei 225 futures, which stood at 59,550 yen early Tuesday. Oil prices eased after a spike caused by an explosion on a South Korean ship in the Strait of Hormuz. U.S. chipmaker AMD is set to report earnings later Tuesday.
May 5, 2026
Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test

Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test

Micron Technology shares jumped over 9% early Tuesday to $629.21, lifting its market value near $718.6 billion. The company announced shipments of a 245TB solid-state drive, claiming the highest commercial capacity. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier, and forecast Q3 revenue of $33.5 billion. Analyst Gil Luria set a $1,000 price target, citing AI-driven demand.
May 5, 2026
Hochtief Stock Tops €500 as AI Data-Center Boom Sends Shares Past Analyst Targets

Hochtief Stock Tops €500 as AI Data-Center Boom Sends Shares Past Analyst Targets

Hochtief shares jumped 13.1% to €517 on Tuesday, surpassing analyst targets and leading the MDAX after hitting €523 intraday. Investors are betting on Hochtief’s role in building AI data centers, with the company reporting €16.8 billion in new tech orders for 2025 and forecasting up to €1.025 billion operational net profit for 2026. Jefferies raised its price target to €480 but kept a “Hold” rating. Quarterly results are due May 11.
May 5, 2026
OnePlus Summer Sale Starts May 8: Full List Of OnePlus 15, OnePlus 13R And Pad 4 Deals

OnePlus Summer Sale Starts May 8: Full List Of OnePlus 15, OnePlus 13R And Pad 4 Deals

OnePlus will launch its Summer Sale in India at midnight on May 8, offering discounts and bank deals on phones, tablets, and earbuds across major online and offline channels. The OnePlus 13 drops to an effective Rs 57,999 after combined offers, with similar cuts on other models. India’s smartphone shipments fell 3% year-on-year in Q1, the weakest in six years. Sale prices depend on payment method, card, and stock at checkout.
May 5, 2026
Google Pixel 11 Leak Reveals Tensor G6 Power — and a RAM Cut Buyers May Notice

Google Pixel 11 Leak Reveals Tensor G6 Power — and a RAM Cut Buyers May Notice

Google’s upcoming Pixel 11 phones may launch with lower base RAM than the Pixel 10 series, offering 8GB on the standard model and 12GB on some Pro variants, according to leaks. The new lineup is expected to feature a Tensor G6 chip, updated camera hardware, and brighter screens. An under-display face-unlock system is reportedly delayed. A small RGB LED array may appear in the camera bar, while the infrared thermometer could be dropped.
May 5, 2026
Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up

Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up

Cognizant is considering cutting 12,000 to 15,000 jobs globally, with most reductions likely in India, Moneycontrol reported, citing sources. The company has not confirmed numbers but expects $200 million to $270 million in severance costs under its Project Leap restructuring. Cognizant ended March with 357,600 employees and reported $5.41 billion in first-quarter revenue.
May 5, 2026
RBC and BMO Near $2 Billion Moneris Sale to Verifone Owner, Report Says

RBC and BMO Near $2 Billion Moneris Sale to Verifone Owner, Report Says

Royal Bank of Canada and Bank of Montreal are in advanced talks to sell Moneris to Francisco Partners in a deal valuing the payments processor at over $2 billion, the Financial Times reported. Moneris processes about one in three transactions in Canada and serves 325,000 merchant locations. An agreement could be reached by summer, but other bidders may still emerge. All parties declined to comment.
May 5, 2026
Duolingo Stock Slides After Q1 Beat as 2026 Growth Outlook Tests AI Bet

Duolingo Stock Slides After Q1 Beat as 2026 Growth Outlook Tests AI Bet

Duolingo shares fell as much as 14% in after-hours trading Monday after the company reported slower bookings growth and higher AI costs, despite beating first-quarter revenue estimates. Bookings rose 14% to $308.5 million, but the company forecast just 5.8% bookings growth for Q2. Paid subscribers reached 12.5 million, up 21%. Duolingo’s full-year revenue outlook stands at $1.205 billion.
May 5, 2026
Why Vusion Stock Is Sliding Even As Its Retail Tech Wins Global Attention

Why Vusion Stock Is Sliding Even As Its Retail Tech Wins Global Attention

Vusion shares fell 2.6% to 117.90 euros in Paris on Monday amid heavy short interest, with 11 funds holding 8.09% of the company’s capital short, worth about 160.9 million euros. Vice-chairman Peter Brabeck-Letmathe bought 80,000 shares for around 10 million euros. First-quarter revenue rose 34% to 289 million euros, and the company confirmed 2026 growth targets.
May 4, 2026
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