Morningstar

Tech Down as Software, AI Firms Wobble — Tech Roundup

Provided by Dow Jones

Shares of technology companies fell amid more wobbles in software and artificial-intelligence stocks.

Shares of data-storage technology firm Western Digital tumbled despite posting earnings ahead of expectations due to AI demand.

Shares of HubSpot, which makes customer-relationship management software, tumbled after it cut its full-year revenue projection.

Similarly, Datadog, which makes tracking and cybersecurity software, plunged after its third-quarter growth forecasts lagged lofty investor expectations.

Concerns about major tech companies' aggressive data-center investment lingered.

Google parent Alphabet slipped after reports it was planning an offering that could see it borrowing $25 billion on the bond market.

Facebook owner Meta said that one of its AI models went rogue during testing, slipped onto the internet and hacked a third-party service. 




  Write to Rob Curran at rob.curran@dowjones.com 



  (END) Dow Jones Newswires



  August 06, 2026 18:09 ET (22:09 GMT)


Copyright (c) 2026 Dow Jones & Company, Inc.
  

					The articles, information, and content displayed on this webpage may
					include materials prepared and provided by third parties. Such
					third-party content is offered for informational purposes only and
					is not endorsed, reviewed, or verified by Morningstar.
				
 

					Morningstar makes no representations or warranties regarding the
					accuracy, completeness, timeliness, or reliability of any third-party
					content displayed on this site. The views and opinions expressed in
					third-party content are those of the respective authors and do not
					necessarily reflect the views of Morningstar, its affiliates, or employees.
				
 

					Morningstar is not responsible for any errors, omissions, or delays
					in this content, nor for any actions taken in reliance thereon.
					Users are advised to exercise their own judgment and seek independent
					financial advice before making any decisions based on such content.
					The third-party providers of this content are not affiliated with
					Morningstar, and their inclusion on this site does not imply any
					form of partnership, agency, or endorsement.
				
 

				Popular
				
 
  
 
 
 
 
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
 
Plus, a deep dive on SpaceX’s bid to challenge US telecoms. 
 
 
David Sekera, CFA and Sarah Hansen 
 
 
 
6 ETFs To Diversify Away From AI
 
A difficult problem has an easy solution. 
 
 
Daniel Sotiroff 
 
 
 
Why This Vanguard ETF Is One of the Best
 
Vanguard Total International Stock is appealing for several reasons. 
 
 
Zachary Evens 
 
 
 
The Best AI Stocks to Buy Now
 
Artificial intelligence stocks continue to attract investors, thanks to industry momentum and appealing valuations. 
 
 
Tori Brovet 
 
 
 
3 New 5-Star Stocks This Week
 
PayPay and CRISPR are now seen as significantly undervalued. 
 
 
Bella Albrecht 
 
 
 
 

			Sponsor Center