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Technology

S&P 500 and Dow Rally Amid AI Financing Concerns, Coca-Cola Surges

Market dynamics shifted as the Nasdaq Composite struggled to maintain momentum amid a sell-off in chip stocks, contributing to an almost flat finish. Major companies in the semiconductor sector faced pressure on investor sentiment due to rising concerns over financing loops in AI development, …

Vinay Lochav | 29 July 2026

Corning (NYSE: GLW) Reports Strong Q2 2026 Results, Core EPS Hits $0.78

Corning Incorporated (NYSE: GLW) delivered impressive second-quarter results for 2026, with a core earnings per share (EPS) of $0.78, surpassing the consensus analyst estimation of $0.76. The company reported core sales of $4.74 billion, reflecting a significant year-over-year growth of 17%. These results point …

Vinay Lochav | 29 July 2026

Dow Jones Rises 0.7% Amid Chipmaker Sell-off; Amkor Declines

The stock market displayed contrasting movements on Tuesday, with the Dow Jones Industrial Average climbing 0.7% amid a notable sell-off in memory chipmakers. Technology stocks faced pressure, particularly in the Semiconductor sector, as major companies like Micron Technology and Sandisk continued to experience significant …

Vinay Lochav | 29 July 2026

Enphase Energy (NASDAQ: ENPH) Beats EPS Forecast, Posts $0.47 Earnings

Enphase Energy (NASDAQ: ENPH) delivered a second‑quarter earnings‑per‑share result of $0.47, comfortably ahead of the market consensus. Revenue for the period was $291.9 million, representing an increase from the prior quarter, and the company shipped roughly 1.59 million IQ microinverters along with 113.8 MWh …

Vinay Lochav | 29 July 2026

Galaxy Digital (TSX: GLXY) Secures $3.507 Billion for Texas Data Center Project

Galaxy Digital Inc. (TSX: GLXY) has substantially expanded its capital base through an indirect wholly‑owned subsidiary that completed a private offering of senior secured notes totaling $3,507,000,000. This financing is intended to support the construction and commissioning of a high‑capacity data center complex in …

Vinay Lochav | 29 July 2026

Joby Aviation Warrants Set to Expire August 10 With 14,237,486 Outstanding

Joby Aviation, Inc. is reminding holders of its outstanding warrants that these will expire on August 10. The company's common stock has a par value of $0.0001 per share.

Vinay Lochav | 29 July 2026

Chip Sector Under Pressure After SK Hynix's 15% Plunge

Semiconductor stocks faced notable declines on Tuesday, as Micron and Nvidia extended their losses amidst a broader downturn in chipmaker shares. Following a troubling session on Wall Street, which raised alarms over shrinking demand and disappointing earnings forecasts, the sector reacted negatively. A key …

Vinay Lochav | 29 July 2026

Core Scientific Reports $164.2M Revenue Surge, Partnerships Expand Capacity

Core Scientific, Inc. This surge highlights the growing demand in digital infrastructure services, particularly focused on high-density colocation required for artificial intelligence applications. Investors should note that this financial uptrend positions Core Scientific positively in a rapidly evolving market where digital solutions are increasingly …

Vinay Lochav | 29 July 2026

Diodes (NASDAQ: DIOD) Incorporates Veteran Semiconductor Executive Evan Yu to Board

Yu, who retired from Diodes in January 2023 after serving as Senior Vice President of Worldwide Power Products, brings more than two decades of semiconductor leadership spanning power, wireless, ASIC and DSP technologies. His election follows a pattern of seasoned executives bolstering the board’s …

Vinay Lochav | 29 July 2026

Elon Musk's Stocks Plunge $1.5 Trillion With SpaceX Lockup Nearing Expiration

Elon Musk's associated stocks are facing a dramatic downturn, with a cumulative decrease of $1.5 trillion in market value, driven largely by the impending expiration of SpaceX's lockup period. This sharp decline, reflecting investor unease, has implications that reverberate across the technology sector. With …

Vinay Lochav | 29 July 2026
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