Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Broadcom Tops AI Chip Picks as Custom Silicon Race Heats Up
Broadcom emerged as the favored AI stock pick over Oracle and Marvell in Monday's commentary, highlighted by its 106% quarterly AI revenue surge. Analysts cited its scale and custom chip portfolio as key advantages.
Oracle's AI Spending Spree Tests Investor Patience Amid Cash Flow Concerns
Oracle's stock fell Monday as investors grappled with a significant negative free cash flow position driven by aggressive AI infrastructure spending, even as the company reported robust revenue growth and a massive backlog of future contracts.
Investors Shift AI Focus from Megacaps to Supply Chain and Broad Tech ETFs
Broad technology ETFs are gaining favor over targeted AI funds as investors diversify beyond megacap platforms. U.S. equity inflows hit $37.24 billion last week while tech funds saw outflows.
Wells Fargo Lifts Alphabet Target to $397, Citing Cloud Momentum from Wiz and AI Chips
Wells Fargo increased its price target on Alphabet to $397, maintaining an Overweight rating, as Google Cloud shows robust growth and integrates its $32 billion Wiz acquisition.
Meta Ties Executive Pay to $9 Trillion Valuation Amid Legal Headwinds
Meta Platforms has structured new stock option awards for six senior leaders around an ambitious share price goal that would elevate its market valuation beyond $9 trillion by 2031. The move comes as the company confronts significant legal challenges, including two recent jury verdicts totaling $381 million related to child safety on its platforms.
Microsoft's AI Ambitions Fuel Investor Debate Amid Copilot Enhancements
Microsoft unveiled upgraded Copilot AI tools Monday, intensifying a bull-bear split over its stock. The debate centers on whether massive AI investments will yield returns as competition from Google Cloud heats up.
AST SpaceMobile Targets April 10 for BlueBird 7 Launch Amid Rival Rocket Lab's ESA Milestone
AST SpaceMobile has scheduled its BlueBird 7 satellite launch for April 10, while Rocket Lab successfully completed its first dedicated mission for the European Space Agency. Both companies are advancing amid a backdrop of robust financial results and industry momentum.
Intel's 18A Process Debuts in Commercial PCs as Market Headwinds Loom
Intel's 18A manufacturing technology makes its commercial debut in PCs shipping Tuesday, with Dell among the first vendors. The launch comes as Gartner forecasts a 10.4% drop in global PC shipments for 2026.
Wolfe Research Upgrades CrowdStrike, Sees AI-Driven Cybersecurity Spending Surge
CrowdStrike shares advanced in premarket trading following an upgrade by Wolfe Research, which anticipates heightened cybersecurity investment driven by new AI threats. The firm set a $450 price target.
Nvidia's Valuation Dips to Multi-Year Low Despite Surging AI Demand
Nvidia shares are trading at their lowest forward price-to-earnings multiple since early 2019, nearly 20% below October's peak, despite a 70% earnings growth forecast and major new AI chip orders from Amazon and Mistral.
Coherent Gains Spotlight Following Nvidia Partnership, Exec Highlights AI Data Center Role
Coherent Corp's senior vice president emphasized the broad industry impact of its Nvidia partnership at a Pittsburgh summit. The company reported a 17% year-over-year revenue increase to $1.69 billion for its fiscal second quarter.
Ciena Stock Volatile Amid Insider Sale, AI Networking Demand in Focus
Ciena Corporation shares gained 3.5% Friday as a Form 144 filing revealed an insider sale plan, coming after the company reported record quarterly revenue and raised its 2026 sales forecast driven by AI networking demand.