Technology 16 February 2026 - 17 February 2026

Amazon stock price today: AMZN slips premarket as AI spending doubts hang over Big Tech

Amazon stock price today: AMZN slips premarket as AI spending doubts hang over Big Tech

Amazon shares slipped 0.4% to $198.79 in premarket trading Tuesday, near recent lows after a 13.85% drop this year erased $343 billion in value. The decline comes as investors question heavy AI spending, with Amazon planning a $200 billion capital outlay. AWS launched new EC2 M8azn instances and expanded Bedrock’s open weights models on Monday. Traders await Nvidia’s earnings next week for signals on AI demand.
February 17, 2026
Algorhythm Holdings stock faces fresh test as AI freight claim keeps traders edgy

Algorhythm Holdings stock faces fresh test as AI freight claim keeps traders edgy

Algorhythm Holdings traded near $3.48 in premarket Tuesday after volatility last week tied to its SemiCab AI release, which claimed 300–400% freight volume gains without extra staff. The stock saw over 167 million shares traded Feb. 13, with a range from $1.16 to $3.65. U.S. markets reopen after the Presidents Day break, with traders watching if the rally holds.
February 17, 2026
Technology News 17.02.2026

Technology News 17.02.2026

ENDEDLive coverage has endedEnded: February 18, 2026, 12:06 AM EST Apple unveils AirTag 2 with longer range, louder speaker; price unchanged February 17, 2026, 11:56 PM EST. Apple has refreshed its item tracker with the AirTag 2, adding a longer range for finding items and a louder speaker. The update, announced in a company press release, keeps the same prices: $29 for a single AirTag and $99 for a four-pack. Apple did not specify exact range figures, but described the new model as easier to locate when nearby. The AirTag 2 is available now through Apple's online store, with no
February 17, 2026
Adobe stock price in focus as ADBE nears Tuesday reopen after Presidents Day

Adobe stock price in focus as ADBE nears Tuesday reopen after Presidents Day

Adobe shares closed up 0.5% at $263.97 Friday, just above their 52-week low, ahead of a trading pause for Presidents Day. The stock is down 25% in 2026 as investors question the impact of AI on subscription pricing and await the $1.9 billion Semrush acquisition. U.S. markets reopen Tuesday, with traders watching for further selling or a rebound. Adobe’s next earnings report is due March 12.
February 17, 2026
IBM stock price faces post-holiday test after FlashSystem buzz and AI hiring push

IBM stock price faces post-holiday test after FlashSystem buzz and AI hiring push

IBM shares closed Friday up 1.1% at $262.38 after steep declines earlier in the week left the stock about 10% below its Feb. 10 close. U.S. markets reopen Tuesday after Presidents Day, with traders eyeing key economic data and Federal Reserve minutes. IBM drew attention for plans to triple U.S. entry-level hiring and for new FlashSystem storage products shipping March 6.
February 17, 2026
Qualcomm stock price: QCOM heads into Tuesday reopen with memory crunch in focus

Qualcomm stock price: QCOM heads into Tuesday reopen with memory crunch in focus

QUALCOMM shares closed up 1.6% at $140.70 on Friday ahead of the U.S. market closure for Washington’s Birthday. The stock faces its next test Tuesday as traders watch for memory-chip supply updates and upcoming Fed minutes. Qualcomm continues to warn on memory shortages, forecasting Q2 revenue below analyst estimates. Mobile World Congress in Barcelona opens March 2.
February 17, 2026
Uber stock price: $1 billion Uber Eats Europe expansion puts UBER in focus before Tuesday open

Uber stock price: $1 billion Uber Eats Europe expansion puts UBER in focus before Tuesday open

Uber will expand food delivery into seven European countries in 2026, aiming for $1 billion in added gross bookings over three years. Shares closed Friday down 1.73% at $69.99. The move follows Uber’s $335 million deal to buy Getir’s food delivery business in Türkiye. CFO Prashanth Mahendra-Rajah stepped down Friday, with Balaji Krishnamurthy taking over.
February 17, 2026
Shopify stock price in focus as buyback nears and AI “shopping agents” debate drags on

Shopify stock price in focus as buyback nears and AI “shopping agents” debate drags on

U.S. markets were closed Monday for Washington’s Birthday; trading resumes Tuesday. Shopify’s $2 billion share buyback begins Feb. 17, following a 1.84% gain Friday to $112.70 after earnings. Fourth-quarter revenue rose 31% to $3.672 billion, with $715 million in free cash flow. Analysts remain split on whether AI “shopping agents” threaten Shopify’s business model.
February 17, 2026
Lam Research stock price: LRCX heads into Tuesday reopen after chip-tool rally and big macro week

Lam Research stock price: LRCX heads into Tuesday reopen after chip-tool rally and big macro week

Lam Research closed at $235.53, up 1.8%, before U.S. markets shut for Presidents Day. Trading resumes Tuesday, with investors eyeing Fed minutes on Feb. 18 and the U.S. GDP report on Feb. 20. Chip-equipment stocks have reacted to AI spending signals and memory market shifts. Applied Materials recently beat forecasts on strong AI processor demand.
February 17, 2026
Salesforce stock price: CRM heads into Tuesday with Cimulate deal in view and earnings next week

Salesforce stock price: CRM heads into Tuesday with Cimulate deal in view and earnings next week

Salesforce shares closed Friday up 2.3% at $189.72 ahead of next week’s quarterly results and product updates. U.S. stock markets are closed Monday for Presidents Day, reopening Tuesday. Salesforce last week agreed to acquire AI firm Cimulate to boost its commerce platform. Investors remain divided over whether AI tools will drive growth or disrupt software pricing.
February 16, 2026
Oracle stock set for Tuesday test as class-action deadline and AI funding plan linger

Oracle stock set for Tuesday test as class-action deadline and AI funding plan linger

Oracle shareholders face an April 6 deadline to seek lead-plaintiff status in a securities-fraud class action, with the case filed Feb. 3 in Delaware federal court against the company and top executives. Oracle shares closed at $160.14 on Friday, up 2.3%. Markets were shut Monday for Washington’s Birthday. Investors await Tuesday trading and Oracle’s March 9 earnings for updates on its $45–$50 billion cloud funding plan.
February 16, 2026
Applied Materials stock pauses on Presidents Day after AMAT’s 8% jump — what’s next for the chip-tool maker

Applied Materials stock pauses on Presidents Day after AMAT’s 8% jump — what’s next for the chip-tool maker

Applied Materials shares closed up 8.1% at $354.91 on Friday after the company projected stronger-than-expected second-quarter revenue and profit. The rally came as analysts raised price targets, citing demand for AI-related chip equipment. U.S. markets will remain closed Monday for Presidents Day, pausing trading after Applied agreed to pay $252 million over illegal exports to China.
February 16, 2026
AMD stock in focus: TCS partnership puts ‘Helios’ AI plan for India on the tape

AMD stock in focus: TCS partnership puts ‘Helios’ AI plan for India on the tape

AMD and Tata Consultancy Services announced an expanded partnership to build rack-scale AI systems in India using AMD’s “Helios” platform. Shares last closed at $207.32 on Friday, up 0.67%, with U.S. markets shut Monday for Presidents Day. Investors await Tuesday’s open for market reaction. No financial terms or revenue timeline were disclosed.
February 16, 2026
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