Technology News 18.04.2026
LIVETechnology news rolling coverageStarted: April 18, 2026, 12:00 AM EDTUpdated: April 18, 2026, 1:22 AM EDT
Corning stock slips late Tuesday as T1 Energy cites wafer contract under U.S. tax-credit rules
Corning shares fell 1.3% to $131.71 Tuesday after T1 Energy announced a solar wafer supply deal with the company. About 7.1 million shares traded near the close. T1 shares rose 6.2%. Corning recently forecast Q1 core sales of $4.2–$4.3 billion and declared a $0.28 dividend payable March 30.
Snowflake stock slides after Google’s BigQuery adds “global queries” as earnings near
Snowflake shares fell 3.9% to $175.14 Tuesday after Google announced a new BigQuery feature allowing cross-region data queries. The decline came as investors weighed competitive risks ahead of Snowflake’s Feb. 25 earnings. The broader market was steady, with the S&P 500 up 0.2%. Analyst Mizuho cut his price target on Snowflake, citing weak sentiment in software stocks.
CrowdStrike stock drops after Truist and Mizuho cut targets as AI fears hit software
CrowdStrike shares fell 4.4% to $410.61 Tuesday afternoon, after hitting a session low of $400.18. Truist and Mizuho cut price targets, citing investor concerns over AI disruption in software. The S&P 500 software index dropped 1.6%. CrowdStrike’s next earnings are due March 3.
Why Spotify stock is up today: SPOT climbs as Wall Street braces for Fed clues
Spotify shares rose 2.2% to $468.39 Tuesday afternoon after swinging between $452.13 and $472.67. The move followed strong quarterly results and a recent price hike, as tech stocks remained volatile on AI disruption fears. Investors are watching Fed comments and Friday’s PCE inflation data for rate signals. Apple plans to expand its video podcast offerings this spring, increasing competition.
Accenture stock drops even after Wells Fargo upgrade as investors stay cautious on IT services
Accenture shares fell 1.6% to $220.61 by early afternoon Tuesday after a Wells Fargo upgrade failed to lift the stock. About 4.9 million shares traded as Accenture forecast Q2 revenue of $17.35 billion to $18.0 billion and kept its full-year growth outlook. Analyst upgrades from Wells Fargo and Zacks cited improved bookings and higher earnings estimates. The company reports fiscal Q2 results March 19.
Adobe stock (ADBE) slips as AI disruption fears hit software names; PCE report and earnings call ahead
Adobe shares fell 1.4% to $260.33 Tuesday, tracking a broader selloff in software stocks as AI disruption fears resurfaced. The S&P 500 software index also dropped 1.4%, with CrowdStrike down 5% and Salesforce sliding as much as 5%. Investors await the Feb. 20 PCE inflation report and Adobe’s earnings call on March 12.
IBM stock slides as AI jitters hit tech again, even after Evercore flags cash-flow upside
IBM shares fell 1.4% to $258.76 Tuesday afternoon amid a broader tech selloff. Evercore ISI maintained a Buy rating, calling IBM’s 2026 free cash flow target conservative. Investors await the Feb. 26 Technology Summit for details on IBM’s “agentic AI” strategy. About 2.8 million shares traded by 2:04 p.m. ET.
Uber stock edges up after Life360 tie-up targets teen rides with real-time tracking
Uber shares rose 0.5% to $70.33 Tuesday after announcing an expanded partnership with Life360 for linked accounts, trip tracking, and ride booking. Life360 shares gained 0.7%. Uber confirmed CFO Prashanth Mahendra-Rajah will step down, with Balaji Krishnamurthy taking over. Investors await Fed minutes on Wednesday.
Qualcomm stock rises as UK consumer group drops £480 million chip-royalty lawsuit
Qualcomm shares rose 1.7% to $143.08 after the company said a £480 million UK consumer lawsuit over smartphone royalties will be withdrawn. The claim accused Qualcomm of forcing Apple and Samsung to pay inflated fees. Withdrawal still needs approval from the Competition Appeal Tribunal. Investors await the tribunal’s decision and a March 17 shareholder meeting.
Mastercard stock ticks higher as Cloudflare cyber tie-up lands; inflation data next
Mastercard shares rose 0.9% to $523.31 Tuesday after the company and Cloudflare announced plans to develop joint cyber-defense tools for small businesses and critical infrastructure. The move comes as payments stocks tracked higher and traders awaited Friday’s U.S. PCE inflation report for signals on rates and consumer demand. Visa and American Express outpaced Mastercard, gaining 1.9% and 2.3% respectively.
Lam Research stock price today: why LRCX is choppy as AI jitters hit chip names
Lam Research shares fell 0.3% to $234.84 Tuesday amid renewed volatility in chip stocks as investors questioned the durability of AI-driven equipment orders. The company last posted December-quarter revenue of $5.34 billion, with 35% from China, and guided March revenue to $5.70 billion plus or minus $300 million. COO transition is set for March 6. The next dividend record date is March 4.
AI stocks today: Nvidia stock price holds up as Alibaba’s new model rattles software names
Nvidia rose 0.7% to $184.04 in midday New York trading Tuesday, while AMD fell 2.7% and major software stocks slumped on renewed fears over “agentic” AI. Salesforce dropped 2.8%, Adobe 1.9%, and CrowdStrike 5%, dragging tech ETFs lower. Investors await U.S. PCE inflation data Feb. 20 and Nvidia’s earnings Feb. 25.
Western Digital (WDC) share price steadies as “sold out for 2026” hard-drive talk spreads — what’s next
Western Digital shares rose 0.1% to $281.97 in late-morning New York trading after swinging between $272.69 and $288.13. CEO Irving Tan said the company is “pretty much sold out for calendar 2026” with firm orders from its top seven customers. Seagate and Sandisk shares fell about 2%. Western Digital expects fiscal Q3 revenue of $3.2 billion and non-GAAP EPS of $2.30.
Oracle stock price slips as tech selloff bites; ORCL investors weigh Qatar cloud deal, lawsuit
Oracle shares fell 2.6% to $156 in late morning trading Tuesday, underperforming a flat market. The drop followed news of a new cloud and AI partnership with Qatar’s Ooredoo and a fresh securities class action lawsuit filed against the company. Investors are watching for Friday’s U.S. inflation data and remain wary of Oracle’s rising capital spending.
Cisco stock steadies near $77 as AI push collides with margin squeeze fears
Cisco shares rose 0.2% to $76.98 late Tuesday morning after last week’s selloff. The company faces margin pressure from higher memory-chip costs, with non-GAAP gross margin forecast at 65.5%–66.5% this quarter. Cisco reported $2.1 billion in AI infrastructure orders and raised its dividend to $0.42 per share.
AMD stock price slips 4% as AI jitters hit chipmakers; filing shows stakes in Sanmina and Absci
AMD shares fell 4.2% to $198.53 Tuesday morning amid a tech sector pullback, outpacing declines in chip peers. AMD and Tata Consultancy Services announced a partnership to co-develop “Helios” AI infrastructure for India. A new 13F filing showed AMD held $172.7 million in Sanmina and $19.9 million in Absci at year-end 2025.
Intel stock slips as AI jitters hit chipmakers; traders eye Fed minutes and PCE
Intel shares dropped 1.4% to $46.15 by late morning Tuesday, tracking a broader decline in chip stocks after Alibaba unveiled its new Qwen 3.5 AI model. Investors cited disruption risks from rapid AI advances and awaited key U.S. inflation data and Federal Reserve minutes later this week. The Philadelphia SE Semiconductor index also fell.
AppLovin stock price drops 4% as AI disruption fears keep pressure on APP
AppLovin shares dropped about 4% Tuesday morning to $374.81, extending last week’s slide after its earnings report and amid renewed tech-sector volatility. The stock has faced pressure from AI disruption fears and an ongoing SEC probe into its data practices. Traders are watching Friday’s PCE inflation data for signals on broader market direction.
Applied Materials stock price today: AMAT slips as chip stocks cool, March updates ahead
Applied Materials shares fell 0.8% to $352.23 Tuesday morning as chip stocks declined after the holiday. The company last week forecast Q2 revenue near $7.65 billion and settled U.S. export control allegations for $252 million. Applied’s quarterly dividend of $0.46 per share goes ex-dividend Feb. 19. Executives are scheduled to speak at investor conferences in March.
Palantir stock slips as PLTR 10-K lands and a new defence contract hits the tape
Palantir shares fell 1.3% to $129.64 Tuesday morning after its annual filing showed 2025 revenue jumped 56% to $4.48 billion, with government clients making up 54%. The stock tracked weakness in AI software names as investors awaited new contract details and Wednesday’s Fed minutes. In Australia, Palantir won a A$7.6 million defence contract, Crikey reported.