Technology News

Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.

SpaceX Shares Rally on Record Options, Index Inclusion, and $60B Cursor Deal
Technology Sarah Chen

SpaceX Shares Rally on Record Options, Index Inclusion, and $60B Cursor Deal

SpaceX shares rallied 3.2% premarket following a record options session and a $60 billion all-stock acquisition of Anysphere, pushing its market cap above Amazon.

XLK
Archer Aviation's Cash Burn and FAA Progress Keep Shares in Check
Technology Sarah Chen

Archer Aviation's Cash Burn and FAA Progress Keep Shares in Check

Archer Aviation shares hover near $5.45 as the company enters Phase 4 of FAA certification for its Midnight eVTOL, while Q1 losses and cash burn remain key concerns.

ACHR JOBY
Snap Shares Plunge After $2,195 AR Glasses Launch Sparks Investor Skepticism
Technology Sarah Chen

Snap Shares Plunge After $2,195 AR Glasses Launch Sparks Investor Skepticism

Snap shares tumbled 9.63% to $5.16 after launching $2,195 Specs AR glasses, as investors question demand and profitability amid activist pressure.

SNAP META AAPL
Nvidia's $25B Bond Sale Triggers Stock Dip Amid AI Spending Concerns
Technology Sarah Chen

Nvidia's $25B Bond Sale Triggers Stock Dip Amid AI Spending Concerns

Nvidia shares dropped 2.37% to $207.41 after the company upsized its first bond sale in five years to $25 billion, amid $85 billion in demand, shifting focus from AI growth to funding needs.

NVDA AVGO AMD CSCO
AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites
Technology Sarah Chen

AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites

AST SpaceMobile shares dropped about 6% to $82.25 in premarket trading after SpaceX confirmed deployment of three new BlueBird satellites, a key step following April's loss of BlueBird 7.

ASTS
Nokia Rises on AI Network Expansion Plans; Optical Demand in Focus
Technology Sarah Chen

Nokia Rises on AI Network Expansion Plans; Optical Demand in Focus

Nokia Oyj shares rose 1.17% to €12.15 in Helsinki after unveiling major AI-focused network expansions, including a U.S. photonic-chip packaging facility and a subsea cable upgrade in Southeast Asia.

XLK
UiPath Stock Slides Despite Maestro Case Launch Amid Tech Rout
Technology Sarah Chen

UiPath Stock Slides Despite Maestro Case Launch Amid Tech Rout

UiPath shares dropped 2.7% to $10.52 after introducing Maestro Case, an AI-native case-management tool, as tech sector declines and market competition weighed on investor sentiment.

PATH
AtaiBeckley Surges as Phase 3 Trials for Depression Drug Begin
Technology Sarah Chen

AtaiBeckley Surges as Phase 3 Trials for Depression Drug Begin

AtaiBeckley shares jumped 7.8% to $4.14 after announcing the start of Phase 3 trials for its lead depression drug BPL-003, with results expected in early 2029.

ATAI
Roblox Shares Rally 8% on Global Safety Rollout and User Engagement Uptick
Technology Sarah Chen

Roblox Shares Rally 8% on Global Safety Rollout and User Engagement Uptick

Roblox shares jumped 8% to $49.34 after launching global age-based accounts and a TD Cowen note highlighted a 10% weekend rise in concurrent users, as investors assess the impact of safety changes.

RBLX
Innodata Surges on Analyst Upgrade, $140 Target Set
Technology Sarah Chen

Innodata Surges on Analyst Upgrade, $140 Target Set

Innodata shares climbed 11.3% to $110.97 after BWS Financial boosted its price target to $140, maintaining a 'top pick' rating.

INOD
Our Bond Soars on Debt Restructuring and City AI Security Deal
Technology Sarah Chen

Our Bond Soars on Debt Restructuring and City AI Security Deal

Our Bond shares surged 85% after a $3.3M debt-for-equity swap and a citywide AI security platform deployment for 270,000 residents.

OBAI
Tesla Dips Amidst SpaceX Surge and New FSD Regulatory Pressure
Technology Sarah Chen

Tesla Dips Amidst SpaceX Surge and New FSD Regulatory Pressure

Tesla shares slipped 1.7% to $404.09 as Goldman Sachs raised Q2 delivery estimates to 420,000 vehicles, while U.S. senators urged NHTSA to review FSD safety data.

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