Technology 11 February 2026 - 12 February 2026

IBM stock slides as AI disruption jitters grow, Confluent vote looms
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IBM stock slides as AI disruption jitters grow, Confluent vote looms

IBM shares fell 6.5% to $272.81 on Wednesday, closing below their 200-day moving average after software stocks slid on renewed AI disruption concerns. Confluent, set to be acquired by IBM for $31 per share, reported Q4 revenue of $314.8 million and will hold a shareholder vote on the merger Thursday. U.S. inflation data due Friday remains a key focus for investors.
February 12, 2026
QuantumScape stock slips before the bell as 2026 cash-burn outlook lands
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QuantumScape stock slips before the bell as 2026 cash-burn outlook lands

QuantumScape shares fell 1.5% to $8.82 premarket after forecasting a 2026 adjusted EBITDA loss of $250 million to $275 million. The company ended 2025 with $970.8 million in liquidity and reported $19.5 million in customer billings. Fourth-quarter GAAP net loss was $100.1 million. Capital spending is set to rise, with 2026 capex forecast at $40 million to $60 million.
February 12, 2026
Cisco stock price drops nearly 8% in premarket after margin miss — what’s next for CSCO
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Cisco stock price drops nearly 8% in premarket after margin miss — what’s next for CSCO

Cisco shares fell 7.9% to $78.74 in premarket trading after quarterly results showed gross margin dropped to 67.5%, missing estimates due to higher memory costs. The company raised its full-year revenue outlook and reported $2.1 billion in AI infrastructure orders, but analysts flagged margin pressure and product mix concerns.
February 12, 2026
SoftBank’s OpenAI bet powers $1.6B profit as Vision Fund rebounds
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SoftBank’s OpenAI bet powers $1.6B profit as Vision Fund rebounds

SoftBank reported a 248.6 billion yen profit for the October-December quarter, driven by a surge in OpenAI’s valuation. The company’s loan-to-value ratio rose to 20.6% as it increased borrowing and asset sales to fund AI investments. Quarterly revenue climbed 8% to 1.98 trillion yen. SoftBank’s stake in OpenAI Group PBC reached about 11% after a December closing.
February 12, 2026
Sensex drops 500 points, Nifty below 25,850 as Infosys, TCS lead IT selloff
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Sensex drops 500 points, Nifty below 25,850 as Infosys, TCS lead IT selloff

The Sensex dropped 515.63 points to 83,718.01 and the Nifty 50 lost 132.85 points to 25,821 by late morning Thursday, led by a 4% to 5% slide in major IT stocks including Infosys and TCS. Analysts cited renewed automation concerns after Anthropic’s AI launch and fading hopes for a U.S. rate cut. Brent crude rose, adding pressure. Mid- and small-cap indices also slipped nearly 1%.
February 12, 2026
Technology News 12.02.2026
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Technology News 12.02.2026

ENDEDLive coverage has endedEnded: February 13, 2026, 12:06 AM EST SpaceX and xAI merge; Moon base, space datacenters and IPO plan February 12, 2026, 11:58 PM EST. SpaceX and xAI announced a merger forming a new company that will pursue an IPO, according to Musk Industries. The plan includes space-based datacenters and a Moon base rather than Mars. SpaceX's revenue is said to come largely from Starlink, a satellite broadband service with a growing subscriber base. The firm is said to achieve cost advantages in launching payloads via Starship, enabling rapid scale of space logistics and telecom capacity. Analysts note
February 12, 2026
BorgWarner stock jumps 22% after earnings beat and AI data-center power deal
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BorgWarner stock jumps 22% after earnings beat and AI data-center power deal

BorgWarner shares jumped 22.5% to $66.10 in after-hours trading Wednesday after quarterly profit beat estimates and the company announced a new supply deal for AI data center power equipment. Fourth-quarter net sales rose 3.9% to $3.57 billion, with adjusted earnings at $1.35 a share. The 2026 sales outlook of $14.0–$14.3 billion missed analyst forecasts. Peer Aptiv fell 1.6%; Lear was little changed.
February 12, 2026
Cisco raises 2026 forecast on AI networking demand — but CSCO slips after hours
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Cisco raises 2026 forecast on AI networking demand — but CSCO slips after hours

Cisco raised its fiscal 2026 revenue forecast to $61.2–$61.7 billion, citing $2.1 billion in AI infrastructure orders from hyperscalers and an 18% rise in product orders. Shares fell 5.5% after hours despite beating earnings estimates with $1.04 per share on $15.35 billion in second-quarter revenue. Networking revenue jumped 21%, while security fell 4%. Cisco lifted its dividend 2% to 42 cents.
February 12, 2026
Unity stock price tumbles 26% after outlook miss; AI fears, Vector growth back in focus
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Unity stock price tumbles 26% after outlook miss; AI fears, Vector growth back in focus

Unity Software shares fell 26% to $21.41 in after-hours trading after forecasting first-quarter revenue below Wall Street estimates. The company reported fourth-quarter revenue of $503 million, up 10%, and adjusted earnings of $0.24 per share. About 105 million shares traded hands. Unity also announced board changes, naming Bernard Kim as an independent director and noting two departures.
February 12, 2026
Meta stock slips after-hours as $10 billion Indiana AI data center plan sharpens focus on spending
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Meta stock slips after-hours as $10 billion Indiana AI data center plan sharpens focus on spending

Meta shares closed down 0.3% after announcing a $10 billion Indiana data center for AI, with investors weighing heavy spending. Bill Ackman’s Pershing Square revealed a $2 billion Meta stake, calling the stock undervalued for AI. A German court ordered Meta’s Edge Network to pay Deutsche Telekom €30 million over network fees. Meta executive Jennifer Newstead filed to sell 515 shares under a preset plan.
February 11, 2026
Intel stock price rises as INTC rides chip rally, eyes MWC 2026 AI showcase
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Intel stock price rises as INTC rides chip rally, eyes MWC 2026 AI showcase

Intel shares rose 2% to $48.08 Wednesday, trading on heavy volume as chip stocks advanced. The move followed Intel’s announcement it will showcase AI inference for mobile networks at Mobile World Congress. The company also projected first-quarter revenue of $11.7–$12.7 billion and said it was surprised by server CPU demand. Intel is investing in AI chip startup SambaNova Systems, according to sources.
February 11, 2026
Coupang stock slips as Korea blames management for data leak and investors widen legal fight
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Coupang stock slips as Korea blames management for data leak and investors widen legal fight

Coupang shares fell about 2.5% to $17.79 Wednesday after South Korea’s probe found a former employee exploited security flaws, exposing data of 33.7 million customers. Three more U.S. investors joined an arbitration push against Seoul over its handling of the breach. Regulators plan a fine for Coupang’s late reporting. The stock lagged a firmer U.S. market.
February 11, 2026
RTX stock price climbs as Raytheon’s Coyote drone-swarm test hits tape — what’s next
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RTX stock price climbs as Raytheon’s Coyote drone-swarm test hits tape — what’s next

RTX shares rose 1.9% to $198.81 Wednesday after Raytheon said its Coyote Block 3NK system defeated drone swarms in a U.S. Army demo. The Pentagon awarded Raytheon a $5.04 billion Army contract for Coyote last year. Investors await details on production, contract value, and management commentary next week. Other major defense stocks were mixed.
February 11, 2026
Target stock price today: TGT inches up as CEO reshuffle, job cuts and ChatGPT ad test land
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Target stock price today: TGT inches up as CEO reshuffle, job cuts and ChatGPT ad test land

Target shares rose 0.2% to $113.44 in early New York trading Wednesday after confirming leadership changes effective Feb. 15 and maintaining its earnings outlook. Lisa Roath will become chief operating officer and Cara Sylvester chief merchandising officer. Target expects fourth-quarter and full-year results in line with prior forecasts. Investors await the March 3 earnings and strategy update.
February 11, 2026
Datadog stock slides after earnings spike as DDOG investors turn to Thursday’s investor day
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Datadog stock slides after earnings spike as DDOG investors turn to Thursday’s investor day

Datadog shares fell 3.4% to $125.31 in early Wednesday trading, reversing part of Tuesday’s 14% post-earnings jump. Q4 revenue rose 29% to $953 million, beating estimates, but the full-year profit outlook missed analyst targets. Investors await updates on AI and security at the Feb. 12 investor day. Scotiabank lowered its price target to $160.
February 11, 2026
Netflix stock ticks up before the bell as activist targets Warner deal; what to watch next
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Netflix stock ticks up before the bell as activist targets Warner deal; what to watch next

Netflix shares rose 0.1% in premarket trading to $82.28 as activist investor Ancora said it would vote against Warner Bros. Discovery’s plan to sell studios and streaming assets to Netflix. Paramount increased its rival bid, offering a ticking fee and to cover Warner’s breakup fee. Warner’s board maintained its support for the Netflix deal but will review Paramount’s new offer.
February 11, 2026
Google’s AI push hits staff: take a buyout if you’re not “all in”
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Google’s AI push hits staff: take a buyout if you’re not “all in”

Google is offering voluntary exit packages to some U.S. staff in its Global Business Organization, excluding major customer-facing sales teams, according to an internal memo. The offer follows Alphabet’s report of record $402.8 billion revenue in 2025 and plans for up to $185 billion in capital spending this year. Chief business officer Philipp Schindler urged employees to embrace faster AI-driven changes.
February 11, 2026
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