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Material Announcements January 27th February 2nd 2026

Global Top 50 Technology Companies | January 2026
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Rank Date Company Announcement Type Key Details Market Impact Source URL
1 Jan-28 Microsoft (MSFT) Q2 FY26 Earnings Revenue $81.3B (+17% YoY); EPS $4.14 beat $3.97 est; Azure +39% (CC) vs 39% prior 2 qtrs; Cloud $51.5B (+26%); OpenAI RPO $625B total (45% of backlog); Q3 Azure guidance 37-38% Stock -7% on Azure deceleration concerns; OpenAI represents 45% of $625B backlog (concentration risk); margin pressure from $88B FY26 capex vs revenue; diversification to Anthropic noted https://www.microsoft.com/en-us/investor/earnings/fy-2026-q2/press-release-webcast
2 Jan-28 Meta (META) Q4 2025 Earnings Revenue $59.9B (+24% YoY); EPS $8.88 beat $8.21 est; DAP 3.58B (+7%); Ad impressions +18%, pricing +6%; FY26 capex $115-135B vs $72B FY25; Q1 revenue $53.5-56.5B; Reality Labs losses peak 2026 Stock +10%; crossed $2T market cap; AI monetization validated; market accepts capex doubling given 24% revenue growth; personal superintelligence roadmap; agents launch mid-2026 https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Fourth-Quarter-and-Full-Year-2025-Results/
3 Jan-29 SK Hynix (000660.KS) Q4 2025 & FY25 Earnings Q4 revenue $23B (+66% YoY); op. profit $13.4B (+137%); BEAT SAMSUNG IN ANNUAL PROFIT FOR FIRST TIME EVER; HBM3E +20% pricing for 2026; capacity sold out through 2026; HBM4 samples to Nvidia Historic milestone beating Samsung; memory super-cycle confirmed; HBM3E pricing power despite mature product; DRAM prices +55-60% expected Q1 2026; tech execs 'DRAM begging' in Korea https://www.cnbc.com/2026/01/28/sk-hynix-smashes-earnings-estimates-as-ai-memory-demand-drives-record-profit.html
4 Jan-29 Samsung (005930.KS) Q4 2025 Earnings Q4 op. profit $14B (2x YoY); revenue $65.6B (+24%); FY25 revenue $233.4B (+11%); op. income $30.5B (+33%); all-time highs; memory division margins exceeding TSMC in Q4; HBM4 race intensifying Record results; memory shortage through 2027; gross margins above foundry for first time; commodity DRAM to overtake SK Hynix Q1 2026; capex >$40.9B 2026 for HBM expansion; Taylor Texas fab advancing https://www.upi.com/Top_News/World-News/2026/01/29/Samsung-SK-hynix-post-record-performances-for-2025/
5 Jan-29 Apple (AAPL) Q1 FY26 Earnings Revenue $143.8B (+16% YoY); EPS $2.84 (+19%); iPhone best-ever quarter; Services record +14%; Google Gemini partnership for Siri overhaul announced; strong demand all regions; dividend $0.26/share Positive reaction; record quarter across segments; Apple-Google AI partnership validates Gemini vs OpenAI; iPhone cycle strength; Services monetization continuing; already pays Google billions for search https://www.investmentnews.com/equities/apple-reports-strong-earnings-tesla-rebounds-after-tech-stocks-slide-as-microsoft-disappoints/
6 Jan-28 Hyperscalers Capital Expenditure Guidance Meta $115-135B FY26; Microsoft continuing elevated spend; Amazon expected $125-146B; Alphabet expected $110-125B; TOTAL: ~$470B 2026 vs ~$350B 2025 (+34%) Largest infrastructure buildout in tech history; ROI timeline becoming critical investor question; forces $15B+ power plant investments (see Jan 16); equipment suppliers benefiting; margin pressure emerging https://www.cnbc.com/2026/01/27/big-tech-earnings-2026-ai-spend.html
7 Jan-28 IBM (IBM) Q4 2025 Earnings Strong quarterly performance; AI services growth driver; cloud and consulting strength; stock rallied significantly on results Stock surged on beat; enterprise AI services gaining real traction; hybrid cloud positioning working; contrast to pure software struggles (ServiceNow -5% despite beat) https://newsroom.ibm.com/2026-01-28-IBM-RELEASES-FOURTH-QUARTER-RESULTS
8 Jan-28 Tesla (TSLA) Q4 2025 Earnings Q4 EPS decline -53.4%; robotaxi testing expansion to Dallas, Houston, Phoenix, Miami, Orlando, Tampa, Las Vegas in H1 2026; autonomous vehicle narrative vs weak earnings Mixed market reaction; earnings weakness offset by robotaxi momentum; execution risk high; FSD progress critical; market valuing future autonomy potential over current auto business https://Multiple sources
9 Jan-28 ServiceNow (NOW) Q4 2025 Earnings Beat expectations; expanded Anthropic partnership deploying Claude to 29,000 employees; OpenAI partnership week prior; strong execution continuing Stock -5% despite beat and major AI partnerships; pure software valuation compression theme; enterprise workflow automation critical but market demanding cheaper multiples vs infrastructure plays https://www.cnbc.com/2026/01/28/microsoft-msft-q2-earnings-report-2026.html
10 Dec-10 Oracle (ORCL) Q2 FY26 Earnings (prior period) RPO $523B (+438% YoY; +$68B QoQ); revenue $16.1B (+14%); cloud +34% to $8B; EPS $2.26 beat; Meta/Nvidia/others contracts; sold Ampere stake $2.7B gain; FY26 capex now $50B vs $35B prior Stock -11% on miss despite beat; revenue $16.1B vs $16.2B est; investors concerned about debt levels for buildout; OpenAI diversification noted; chip neutrality policy vs prior Ampere strategy https://investor.oracle.com/investor-news/news-details/2025/Oracle-Announces-Fiscal-Year-2026-Second-Quarter-Financial-Results/
11 Jan-28 Memory Sector Pricing & Supply DRAM +55-60% Q1 2026 QoQ; NAND +30%+ QoQ; HBM3E +20% for full 2026 contracts; capacity constraints through 2027; 18-28% DRAM capacity allocated to HBM creating commodity shortage Memory economics superior to foundry; Micron guided 67% gross margin Q2 FY26; Samsung/SK Hynix margins exceeding TSMC; structural AI shift from training to inference (memory-intensive); picks/shovels winning https://www.trendforce.com/news/2025/12/23/news-memory-price-surge-reportedly-to-push-samsung-sk-hynix-gross-margins-above-tsmc-in-4q25/
12 TBD Alphabet (GOOGL) Q4 2025 Earnings (Feb 4) Expected: EPS +17.5%; revenue +16% YoY; Apple Gemini partnership validation; Cloud competitive position vs Azure/AWS; TPU v7 (8x HBM3E) shipments 2026; Anthropic partnership $1GW+ AI compute CRITICAL WATCH: Apple partnership major validation; Cloud AI positioning vs Microsoft/Amazon; search resilience; CapEx levels; advertising growth sustainability; reports Feb 4 after close https://Upcoming - Feb 4
13 TBD Amazon (AMZN) Q4 2025 Earnings (Feb 5) Expected: EPS +5.7%; revenue +12.7% YoY; AWS growth rate critical metric; OpenAI $38B contract (Nov 2025); Trainium2/3 deployments; FY26 capex $125-146B; potential $10B OpenAI investment CRITICAL WATCH: AWS vs Azure growth rates; OpenAI partnership impact; custom silicon (Trainium) vs Nvidia; retail strength; profitability given massive capex; reports Feb 5 after close https://Upcoming - Feb 5
10
Total Announcements
$39B+
Total Deal Value
7
Top 50 Global Tech Companies
6
Days Period

Global Top 50 Technology Stocks February 2026

File
Rank Company Ticker Country Market Cap (USD) Sector Key Business Notable
1 Nvidia NVDA USA $4.427T Semiconductors AI chips/GPUs for data centers and gaming https://Down from $4.6T peak; AI infrastructure leader
2 Apple AAPL USA $4.156T Consumer Electronics iPhone, Mac, iPad, Services https://Up from $4.0T; iPhone cycle strength
3 Alphabet (Google) GOOGL/GOOG USA $3.864T Internet Services Search/YouTube/Cloud/Android https://Passed Microsoft; AI momentum with Gemini
4 Microsoft MSFT USA $3.576T Software Windows/Azure cloud/Office/Gaming https://Down from $4.0T; AI infrastructure spending
5 Amazon AMZN USA $2.460T E-commerce/Cloud Online retail/AWS cloud services https://Slight decline from $2.6T; AWS competitive pressure
6 Broadcom AVGO USA $1.820T Semiconductors Custom AI chips/networking/software https://Up 10% from Jan; AI chip momentum continues
7 Meta Platforms META USA $1.687T Social Media Facebook/Instagram/WhatsApp/VR https://Up 13% from $1.5T; AI investments paying off
8 Taiwan Semiconductor TSM Taiwan $1.538T Semiconductors Chip manufacturing foundry https://Up 54% from $1.0T; Massive AI chip demand ⭐
9 Tesla TSLA USA $1.512T Automotive/AI Electric vehicles/Autonomous driving https://NEW to Top 10; Robotaxi momentum
10 Tencent 0700.HK China $709.76B Internet Services WeChat/Gaming/Social media https://Stable; largest Chinese tech company
11 Oracle ORCL USA $616.81B Enterprise Software Database/Cloud/ERP software https://Up 10% from $562B; Stargate Project benefit
12 Samsung Electronics 005930.KS South Korea $492.45B Consumer Electronics/Semi Smartphones/Memory chips/Displays https://Up 54% from $320B; Memory chip recovery ⭐
13 Netflix NFLX USA $431.82B Streaming Video streaming/Original content https://NEW to Top 50; subscriber growth accelerating
14 ASML ASML Netherlands $431.16B Semiconductor Equipment Lithography machines for chipmaking https://Up 44% from $300B; EUV monopoly ⭐
15 Palantir PLTR USA $427.77B Software Data analytics/AI platforms https://Up from #35; AI platform momentum continuing
16 Alibaba BABA China $377.72B E-commerce/Cloud Online retail/Alipay/Cloud https://NEW to Top 50; China recovery narrative
17 AMD AMD USA $355.01B Semiconductors PC/Server/AI processors https://Up 58% from $225B; AI GPU gains vs Nvidia ⭐
18 Cisco CSCO USA $306.50B Networking Network equipment/Security https://Up from $270B; enterprise networking steady
19 SAP SAP Germany $289.70B Enterprise Software ERP/Business software https://Stable ~$290B; largest European software
20 IBM IBM USA $288.73B IT Services/Software Cloud/AI/Consulting/Mainframes https://Up from $265B; AI services growth
21 Micron Technology MU USA $261.70B Semiconductors Memory chips (DRAM/NAND) https://Up 94% from $135B; HBM memory boom ⭐⭐
22 SK Hynix 000660.KS South Korea $255.19B Semiconductors Memory chips for AI/mobile https://NEW to Top 50; High-bandwidth memory leader
23 Salesforce CRM USA $250.12B Enterprise Software CRM/Cloud applications https://Down from $260B; CRM market leader
24 AppLovin APP USA $230.10B Software Mobile advertising platform https://NEW to Top 50; Major breakout performer ⭐
25 Applied Materials AMAT USA $214.59B Semiconductor Equipment Chip manufacturing equipment https://Up from $150B; AI fab equipment demand
26 Shopify SHOP Canada $208.93B E-commerce E-commerce platform for merchants https://Up 60% from $130B; SMB platform leader
27 Intel INTC USA $200.60B Semiconductors PC/Server processors/Foundry https://Up 61% from $125B; Recovery showing results
28 Lam Research LRCX USA $199.99B Semiconductor Equipment Wafer fabrication equipment https://Up from $125B; Semiconductor tools demand
29 Uber UBER USA $192.63B Transportation Tech Ride-hailing/Food delivery https://Down from $195B; Mobility platform leader
30 QUALCOMM QCOM USA $189.99B Semiconductors Mobile processors/5G/Licensing https://Up from $180B; Smartphone recovery
31 Intuit INTU USA $186.75B Software TurboTax/QuickBooks/Credit Karma https://Down from $220B; Financial software leader
32 ServiceNow NOW USA $179.14B Software IT service management/Workflow https://Down from $210B; Enterprise workflow
33 Sony SONY Japan $168.87B Consumer Electronics PlayStation/Cameras/Entertainment https://NEW to Top 50; Gaming strength
34 Texas Instruments TXN USA $167.44B Semiconductors Analog chips/Embedded processors https://Down from $195B; Industrial semi leader
35 PDD Holdings (Pinduoduo) PDD China $167.29B E-commerce Chinese e-commerce/Temu https://NEW to Top 50; International expansion
36 Booking Holdings BKNG USA $166.77B Travel Tech Online travel booking (Booking.com) https://Down from $180B; Travel normalization
37 Arista Networks ANET USA $161.25B Networking Data center networking/Cloud https://Up from $130B; Cloud networking leader
38 KLA KLAC USA $160.29B Semiconductor Equipment Process control/Inspection https://NEW to detailed tracking; Yield optimization
39 Schneider Electric SU.PA France $154.38B Industrial Tech Energy management/Automation https://NEW to Top 50; Data center power
40 Arm Holdings ARM UK $150.53B Semiconductors Chip architecture/IP licensing https://NEW to Top 50; Post-2023 IPO strength
41 Adobe ADBE USA $147.80B Software Creative Cloud/Acrobat/Marketing https://Down from $240B; Creative software leader
42 Xiaomi XIACF China $142.92B Consumer Electronics Smartphones/IoT devices https://NEW to Top 50; Chinese consumer tech
43 Analog Devices ADI USA $138.40B Semiconductors Analog/Mixed-signal chips https://NEW to detailed tracking; Industrial focus
44 Palo Alto Networks PANW USA $138.27B Cybersecurity Network security/Cloud security https://Flat from $135B; Cybersecurity leader
45 CrowdStrike CRWD USA $131.91B Cybersecurity Endpoint security/Threat intelligence https://Minimal change from $125B; Cloud security
46 Robinhood HOOD USA $118.44B Financial Tech Trading platform/Crypto https://NEW to Top 50; Trading democratization
47 Spotify SPOT Sweden $116.95B Streaming Music streaming/Podcasts https://NEW to Top 50; Audio streaming leader
48 MercadoLibre MELI Argentina $109.15B E-commerce/Fintech Latin American marketplace/Payments https://NEW to Top 50; LatAm e-commerce leader
49 Automatic Data Processing ADP USA $106.14B Software Payroll/HR management https://NEW to detailed tracking; HR software
50 Foxconn (Hon Hai) 2317.TW Taiwan $102.95B Manufacturing Contract electronics manufacturing https://NEW to Top 50; Apple supplier
Semiconductor Surge - The Dominant Story
TSMC: +54% ($1.0T ? $1.54T) - Massive AI chip manufacturing demand
Samsung: +54% ($320B ? $492B) - Memory chip recovery
Micron: +94% ($135B ? $262B) - HBM memory boom for AI
AMD: +58% ($225B ? $355B) - Taking GPU share from Nvidia
ASML: +44% ($300B ? $431B) - EUV equipment monopoly
Intel: +61% ($125B ? $201B) - Recovery showing results
SK Hynix: NEW entry at $255B - High-bandwidth memory leader
Major Top 10 Changes
Tesla entered Top 10 at #9 ($1.51T) - robotaxi/FSD momentum
Microsoft dropped from #3 ? #4 (-$420B decline)
Alphabet passed Microsoft: #4 ? #3
Meta up 13% to $1.69T despite dropping to #7
Palantir's Remarkable Run
Jumped 20 positions from #35 ? #15 ($400B ? $428B), continuing its AI platform momentum you've been tracking for Iron Pot Equities.
New Breakout Performers
AppLovin #24 ($230B) - Mobile advertising platform breakthrough
Netflix #13 ($432B) - Back in prominence
Robinhood #46 ($118B) - Fintech democratization
Software Casualties
Pure software companies struggled vs infrastructure plays: Zoom, DocuSign, MongoDB, NetApp all dropped out of Top 50.
The files include detailed month-over-month comparison and the same format CSV you use for Iron Pot Equities tracking.
The watch list is for informational purposes only and that does not actually represent the actual assets of the Fund

While technology and the innovation that surrounds new technologies has been the flavor of recent years, it has been an area of vast opportunity for decades.

Now, with the world having entered the digital age, digital transformation across all industries is of paramount focus for all boards and CEOs.

This is producing unprecedented opportunities for investors through identifying both successful disruptors and industries where there is significant disruption to traditional means of conducting commercial activities.