Tech

AXT (AXTI) fell 12.39% to close at $58.63 on August 28, 2026, as profit-taking spread through optics and indium-phosphide names. Read the daily analysis of AXT Inc's optics-cycle outlook, momentum risk and key technical levels.

IONQ fell 7.68% to $39.20 in the August 28, 2026 regular session as quantum-computing pure plays faced renewed valuation-sensitive selling. Read the daily analysis of IonQ's sector de-risking outlook, momentum risk and key technical levels.

IREN fell 12.53% to USD 35.45 on August 28, 2026, after investors weighed a quarterly revenue miss and a large reported loss tied to its mining exit. Read the daily analysis of IREN Limited's earnings-reset outlook, momentum risk and key technical levels.

Arm Holdings (ARM) fell 6.33% to $239.05 in the August 28, 2026 regular session as technology and chip risk appetite weakened amid an elevated-yield backdrop. Read the daily analysis of Arm Holdings plc's sector-risk outlook, momentum risk and key technical levels.

NVIDIA (NVDA) fell 4.57% to $217.55 on Aug 28, 2026, as strong results met an elevated bar and renewed AI financing concerns pressured semiconductor risk appetite. Read the daily analysis of NVIDIA Corp's post-earnings outlook, momentum risk and key technical levels.

Lumentum (LITE) fell 6.39% to close at $895.00 on August 28, 2026, as investors de-risked AI-optics exposure amid a broader peer selloff. Read the daily analysis of Lumentum's optics-sector outlook, momentum risk and key technical levels.

Amazon (AMZN) rose 3.97% to $266.43 on August 28, 2026, as an AI-led sales thesis and fresh clean-power commitments focused attention on its growth infrastructure. Read the daily analysis of Amazon's AI-demand outlook, momentum risk and key technical levels.

Marvell (MRVL) fell 10.28% to $216.62 on August 28, 2026, as investors weighed strong quarterly results against questions about when Google-linked custom-chip revenue will become meaningful. Read the daily analysis of Marvell Technology's Google-revenue-timing outlook, momentum risk and key technical levels.

Arista Networks reported Q2 2026 revenue of $3.04 billion, up 37.7% year over year, and issuer-defined non-GAAP EPS of $1.02, above LSEG expectations. This earnings report reviews revenue mix, Q3 guidance, the completed post-earnings session, and the technical price references shaping ANET’s August outlook.

Infleqtion reported Q2 2026 revenue of $12.6 million, up 116% year over year, and raised its full-year revenue outlook to about $43 million, while its GAAP operating loss widened. This analysis covers the revenue beat, cash-flow qualification, commercial milestones, the first regular-session reaction and an intraday price map for the newly public stock.