Technology News
Cloud Stocks Rally Despite Amazon's Massive Capex Plan
Cloud ETFs gained Friday as investors weighed AI's impact on software growth. Amazon fell sharply after projecting $200 billion in 2026 capital expenditures.
NVIDIA Surges Past $185 as AI Chip Demand Continues to Accelerate
NVIDIA shares rallied sharply as the company reported record data center revenue driven by insatiable demand for its AI training and inference chips.
Oracle Shares Bounce Back Amid $20 Billion Equity Offering Plan
Oracle's stock ended an eight-day losing streak, rising 4.65% to $142.82, as the company outlines a $20 billion share-sale program to fund cloud expansion. Investors are weighing dilution risks against growth needs.
ASML Shares Surge on AI Spending Optimism, Dividend Date Nears
ASML stock rallied sharply Friday, lifted by a rebound in chip stocks following Amazon's plans to boost AI capital expenditures. The company's interim dividend ex-date is set for February 9.
Tencent Shares Decline Amid AI Security Concerns and Chip Supply Constraints
Tencent stock dropped 2% in Hong Kong trading, pressured by regulatory warnings over an AI agent and reported server CPU shortages from Intel and AMD affecting data center operations.
Applied Digital Surges 25% Amid AI Infrastructure Rebound
Applied Digital shares soared 25% Friday following a 250% revenue jump and new data center leases, as AI-related stocks recover.
Apple Unveils Next-Generation AI Features at Developer Conference
Apple announced a sweeping set of AI-powered features coming to iPhone, Mac, and iPad, marking the company's biggest push into artificial intelligence.