Technology

• The company is evaluating a $1B share repurchase program, underscoring its financial strategy.

• Empery Digital (NASDAQ: EMPD) will allocate $65 million from its balance sheet to a Midwest data center initiative.

Although momentum has weakened considerably, all three names continue to trade near important technical inflection points where buyers are likely to re-emerge if the broader AI and digital infrastructure theme remains intact.

ONTO Inc. (NYSE: ONTO) — Bullish Trend Remains Intact Despite Sharp Profit-Taking Following a Strong Breakout to New Highs

AT&T (NYSE: T) fell sharply as part of a broader selloff across the Communication Services sector, which declined roughly 3% in the second quarter amid rising geopolitical tensions.

Ooma (NYSE American: OOMA) shares gained nearly 4%, significantly outperforming the broader Communication Services sector and the S&P 500.

Telesat (NASDAQ: TSAT) shares saw significant intraday volatility, swinging from a low of $48.52 to a high of $52.00 before settling modestly lower.