Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Arbe Robotics Soars 27% on Defense Contract, Market Cap Jumps $23M
Arbe Robotics shares jumped 27% after landing a defense contract for three radar projects, adding $22.8M in market cap. Initial orders have been shipped, but no contract value was disclosed.
AMD Stock Surges as KeyBanc Targets $725, Betting on AI GPU Boom
KeyBanc lifted AMD's price target to $725, forecasting AI GPU revenue to hit $48.5B by 2027. AMD shares rose 3.9% as analysts pile on bullish calls.
SpaceX Reuses IPO Falcon 9 in 32 Days as Starlink Economics Face Scrutiny
SpaceX reuses IPO-day Falcon 9 in 32 days, showcasing rapid turnaround as Starlink economics face market test. Shares remain near offer price.
Microsoft's Xbox Layoffs Disproportionately High vs Revenue Share
Microsoft cuts 1,600 Xbox jobs (33% of total layoffs) while gaming contributes just 6.4% of revenue. Azure drives growth.
iPhone 18 Pro Max Price May Rise $200 as Component Costs Surge
Counterpoint Research estimates Apple's iPhone 18 Pro Max may cost $200 more, as component costs rise nearly $300, squeezing margins despite premium mix.
AT&T Drone Detection Test May Outshine Merger-Adjusted Filing
A Fifth Third filing showed a 0.6% drop in AT&T holdings after the Comerica merger, but the real story is AT&T and Ericsson's drone detection test using commercial cellular networks.
TeraWulf's $19B Anthropic Lease Raises $3.5B Debt Concerns
TeraWulf's $19B lease with Anthropic includes a $3.5B debt package, sparking concerns over financing costs and execution risks.
Intel's $53 Billion Drop Overshadows Altera IPO Prospects
Intel's $53B market cap loss dwarfs its $4.29B Altera stake. Altera aims for mid-20% growth, but Intel's core issues persist.
UiPath Stock Trades Flat Despite Near-Float Volume; Buyback Provides Floor
UiPath (PATH) shares barely moved last week despite massive trading volume near the float, as the company's aggressive buyback program and elevated short interest create a tug-of-war.