Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Autonomous Trucking Sector Shifts to Paid Operations, Investors Eye Scalability
Aurora Innovation and Kodiak report paid driverless freight runs in Texas, while Waabi raises $750M. Investors focus on scalability and cost per mile.
Astera Labs Soars on AI Demand, Wall Street Bullish on Connectivity
Astera Labs shares jumped 15.2% to $248.36 after Evercore ISI boosted its price target and management cited rising AI data-center demand. Revenue surged to $308 million last quarter.
Celestica Shares Slip as AI Hardware Rally Falters
Celestica shares dropped 5% in Toronto as the TSX reopened, mirroring declines in New York, as AI hardware stocks faced a sell-off.
Anthropic Bolsters AI Research with Key Hires Including OpenAI Co-Founder
Anthropic hires OpenAI co-founder Andrej Karpathy to its pre-training team, aiming to accelerate Claude model development with AI-driven research.
Roblox Shares Rise on User Data Bump, Safety Concerns Weigh
Roblox shares rose in early trading as third-party data showed a week-over-week gain in concurrent users, though safety-related challenges and a lowered bookings forecast persist.
ServiceNow AI Gains Pressure Salesforce as BofA Highlights Diverging Fortunes
ServiceNow shares jumped 8.8% after Bank of America resumed coverage with a Buy rating, highlighting AI as a key growth driver. Salesforce rose 3.4% despite an Underperform rating.
Zeta Global Shares Surge on OpenAI Advertising Pact
Zeta Global shares climbed 3.4% in premarket trading Tuesday after CEO David Steinberg revealed an advertising deal with OpenAI at a JPMorgan conference.
LiveRamp Surges on Publicis $2.5 Billion Cash Acquisition Offer
LiveRamp shares soared after Publicis Groupe announced a $2.5 billion cash takeover, signaling a major bet on data collaboration for AI-powered marketing.
Zeta Global Soars 12% on OpenAI Advertising Pact
Zeta Global shares jumped 12% on Monday after the company revealed an agreement to assist OpenAI with its advertising operations, outpacing a declining broader market.
ServiceNow Surges on Bullish AI Outlook from Bank of America
ServiceNow shares surged 8.8% Monday after Bank of America reinstated coverage with a Buy rating and $130 target, highlighting AI-driven workflow opportunities.
GCT Semiconductor Soars 41% on 5G Deal and Revenue Surge
GCT Semiconductor shares surged 41% to $2.58 after a 287% revenue jump and a satellite communications deal, though the company faces cash burn and going-concern doubts.