Wave Life Sciences Ltd

D-Wave Quantum Inc. shares advanced after reporting 2025 financial results and a significant surge in future bookings, exceeding $32.8 million for 2026. The news lifted other quantum computing stocks.

Kitwave Group PLC shares declined after the wholesaler reported quarterly profits fell materially behind expectations and cautioned about persistent margin pressures. The stock now trades just below a pending 295 pence-per-share takeover offer.

Lam Research shares advanced, tracking a sector rally ignited by Applied Materials' bullish AI outlook. Market focus shifts to upcoming economic data and Nvidia's results for AI supply chain signals.

Applied Materials shares rallied sharply Friday following an optimistic forecast tied to artificial intelligence infrastructure spending, even as the broader technology sector faced weekly losses amid market volatility.

Applied Materials shares climbed over 6% Friday, lifted by broader semiconductor strength following Amazon and Alphabet's capex plans. Investors now focus on the company's Feb. 12 earnings and potential revenue impact from U.S. export controls.

Amazon's projected $200 billion capital expenditure for 2026, significantly above expectations, triggered a 5.6% stock drop while fueling a chip rally. The tech sector faces rotation pressures with software stocks losing $1 trillion in value since late January.