Technology News 10.03.2026
LIVETechnology news rolling coverageStarted: March 10, 2026, 12:00 AM EDTUpdated: March 10, 2026, 8:56 AM EDT
AppLovin stock jumps about 7% as tech rebound steadies APP after wild week
AppLovin shares jumped 7% to $403.00 Wednesday, tracking a tech rally as investors awaited Fed minutes. The stock remains down nearly 40% year-to-date after swings tied to AI competition and short-seller pressure. Last week, AppLovin beat quarterly sales estimates but warned of tougher ad conditions. Traders are watching if the rebound holds.
Nvidia stock jumps after Meta locks in millions of AI chips — what traders watch next
Nvidia shares rose about 2% after Meta expanded a long-term AI infrastructure partnership, covering millions of Nvidia GPUs and CPUs. Cadence Design Systems jumped 9% on strong quarterly results, while Analog Devices gained after an upbeat forecast. Meta shares edged up 0.2%. Arista Networks fell nearly 2.5% amid concerns over Nvidia’s networking push.
Vertiv stock price today: VRT edges up as executives talk 800V power, liquid cooling at Barclays
Vertiv shares rose about 1% Wednesday, trading near $246 after executives detailed AI data center product and capacity plans. Management reiterated 2026 margin targets despite warning of near-term inefficiencies as new capacity ramps. Vertiv’s backlog reached $15 billion, up 109% from a year ago. Investors remain focused on the pace of backlog conversion and pricing as competition intensifies.
Why Palo Alto Networks stock is down: PANW deal costs squeeze the profit outlook
Palo Alto Networks shares fell 5.7% to $154.22 after the company cut its annual adjusted profit forecast to $3.65–$3.70 per share, citing higher integration costs from acquisitions. Fiscal Q2 revenue rose 15% to $2.594 billion. Acquisition-related costs jumped to $24 million from $10 million a year earlier. The company raised its revenue outlook to as much as $11.31 billion for fiscal 2026.
Dow Jones today: Nvidia-Meta AI chip deal lifts Wall Street as Fed minutes loom
The Dow rose 0.26% in early trading Wednesday, lifted by gains in tech and chip stocks. Nvidia advanced after announcing a multi-year AI chip deal with Meta. Palo Alto Networks fell after cutting its annual profit forecast. Investors awaited Federal Reserve minutes due at 2 p.m. ET and Friday’s PCE inflation data.
Oracle stock price rises as Michigan data-center power deal and Fed minutes keep ORCL in play
Oracle shares rose 1.2% to $155.86 by late morning Wednesday after an early dip. DTE Energy announced a long-term deal to supply 1.4 gigawatts of power to Oracle’s planned Michigan data center. Investors focused on Oracle’s funding plans and capital spending as markets awaited Federal Reserve minutes. A securities class action seeks damages for Oracle shareholders over alleged risks tied to AI-related spending.
Microsoft stock steadies near $400 as AI spending pledge lands ahead of Fed minutes
Microsoft shares rose 0.8% to $399.97 Wednesday morning, pushing its market value near $3.6 trillion. The company pledged $50 billion in AI investments for developing markets by 2030 at a New Delhi summit. Investors await Federal Reserve meeting minutes at 2 p.m. EST for rate clues. CFO Amy Hood recently warned higher memory-chip costs could pressure cloud margins.
Applied Materials stock rises in regular session as chip tools rally; AMAT investors eye March talks
Applied Materials shares climbed about 3% to $369.78 Wednesday morning, tracking gains across semiconductor stocks. The move followed last week’s upbeat forecast citing AI-driven investment. Management will speak at Morgan Stanley and Cantor Fitzgerald investor conferences in early March. Investors are watching for updates on chip equipment demand and any impact from the company’s $252 million U.S. export settlement.
AMD stock price dips near $200 after Lisa Su’s $75 million award filing; Nvidia-Meta deal in focus
AMD shares fell 1.4% to $200.14 after the company disclosed a $75 million performance-based equity award for CEO Lisa Su and CFO Jean Hu filed to sell nearly 20,000 shares under a pre-set plan. Nvidia rose 2.8% after announcing a multiyear AI chip supply deal with Meta. Investors awaited Federal Reserve minutes due at 2 p.m. EST.
Analog Devices stock jumps after forecast tops estimates; ADI turns heads on data-center orders
Analog Devices shares rose 4% after the company forecast second-quarter revenue of about $3.5 billion, topping Wall Street estimates. First-quarter revenue reached $3.16 billion with adjusted EPS of $2.46. Net income for the quarter was $830.8 million. The board raised the quarterly dividend by 11% to $1.10 per share, payable March 17.
Why Alphabet’s GOOG (Class C) stock is moving today: Fed minutes, Waymo scrutiny, YouTube glitch
Alphabet’s non-voting Class C shares (GOOG) rose 0.1% to $303.12 in morning Nasdaq trading. Waymo told lawmakers it does not use remote driving in U.S. operations. YouTube resolved a brief outage affecting recommendations after over 320,000 U.S. reports. Google signed a long-term geothermal power deal in Nevada for data center needs.
Broadcom stock price steadies after early dip as Citi trims AVGO target, AI chip bets stay twitchy
Broadcom rose 0.6% to $334.56 Wednesday morning, trading between $326.68 and $336.25. Citigroup cut its price target to $458, citing margin and competition concerns, while ARK funds bought $7.87 million in shares. Nvidia announced a major Meta chip deal, boosting semiconductor stocks. CloudBolt reported 86% of large firms are reducing VMware use amid pricing concerns.
Palantir (PLTR) stock price jumps 5% after Mizuho upgrade — what traders watch next
Palantir shares rose 5.3% to $140.07 Wednesday morning after Mizuho upgraded the stock to “Outperform” with a $195 target. The company said it will move its headquarters to Miami from Denver. A regulatory filing showed Palantir held 9.4% of Surf Air Mobility as of Dec. 31. Investors awaited the Federal Reserve’s January minutes due later in the day.
Intel stock rises in early trade as Nvidia-Meta deal lifts chip mood and Fed minutes loom
Intel shares rose about 1% to $46.64 Wednesday, recovering from an earlier drop to $44.90 as chip stocks steadied. Nvidia gained 2.7% after announcing a multi-year AI chip deal with Meta, while Advanced Micro Devices slipped 1.4%. Investors await Federal Reserve meeting minutes at 2 p.m. EST and the PCE inflation report on Feb. 20. Intel remains below its Jan. 22 high of $54.60.
Micron stock price pops as Needham lifts target and Fed minutes loom
Micron shares rose 3.3% to $412.79 in morning trading Wednesday after Needham raised its price target to $450, citing tighter memory supply and higher prices. The stock rebounded from a 2.9% drop Tuesday. Investors awaited Federal Reserve minutes due at 2 p.m. ET. Micron plans to invest $200 billion in U.S. chip manufacturing, with new fabs in Boise and near Syracuse, according to the Wall Street Journal.
Apple stock price edges up again as March 4 event nears and AI wearables report fuels bets
Apple shares rose 0.4% to $264.90 in early Wednesday trading, extending Tuesday’s rebound. Investors focused on Apple’s March 4 event and reports of new AI-enabled wearables tied to Siri. Berkshire Hathaway disclosed it cut its Apple stake by 4% last quarter but kept it as its largest holding. Federal Reserve meeting minutes are due at 2 p.m. EST.
Amazon stock rises after Morgan Stanley names it a Top Pick as AI spending returns come under scrutiny
Amazon shares rose 2% to $205.09 Wednesday after Morgan Stanley named it a Top Pick, citing AI potential. The stock rebounded from a 9% drop earlier this month after Amazon outlined $200 billion in 2026 capital spending, sparking investor debate over cash flow and profitability. Tiger Global and Berkshire Hathaway trimmed Amazon stakes in recent filings. Federal Reserve minutes due later Wednesday may affect tech valuations.
Meta stock slips as Nvidia ‘millions of chips’ deal puts AI spending back in focus
Meta shares fell 1.2% to $631.75 despite Nvidia announcing a multiyear deal to supply Meta with millions of AI chips. Nvidia shares rose 1.6%. CEO Mark Zuckerberg is set to testify in a Los Angeles jury trial over claims that Instagram harms youth mental health. The value of the Nvidia-Meta agreement was not disclosed.
Tesla stock barely budges after California backs off “Autopilot” suspension threat
Tesla shares slipped 0.1% to $410.26 after California regulators said the company avoided a 30-day license suspension by dropping “Autopilot” from its marketing. Elon Musk announced the first production Cybercab has been built, with production starting in April. Investors awaited Federal Reserve minutes due later Wednesday.
Nvidia (NVDA) stock climbs as Meta signs multiyear AI chip deal, with earnings next week
Nvidia shares rose 2% after announcing a multiyear deal to supply Meta with millions of Blackwell and Rubin AI chips, plus Grace and Vera CPUs and networking gear. The agreement’s financial terms were not disclosed. Meta shares slipped 1%. Investors await Nvidia’s Feb. 25 earnings for details on demand and delivery.