Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Lightwave Logic Shares Surge on 2027 Production Deal Talks
Lightwave Logic shares jumped 14% after announcing it is negotiating a supply and licensing deal for high-volume production in 2027. Q1 revenue rose 27% to $29,000, net loss widened to $6.3M.
Nebius Shares Surge 15.6% on 684% Revenue Jump; $25B Capex Plan Unveiled
Nebius shares jumped 15.6% after Q1 revenue surged 684% to $399 million. The AI cloud firm raised 2026 capex to $25 billion and started building AI facilities in Missouri and Pennsylvania.
HPE Stock Surges as Activist Investors Irenic Capital Join Elliott Management
Hewlett Packard Enterprise shares rose 6% after activist investors Irenic Capital joined Elliott Management. HPE is integrating Juniper and launching new AI private-cloud tools.
Mobileye Shares Surge 14% on Strong Q1 Revenue and Raised Outlook
Mobileye shares surged 14% on Wednesday after the company reported a 27% jump in Q1 revenue, raised its 2026 outlook, and announced a $250 million buyback.
Ouster Shares Surge 26% on Nvidia DRIVE Qualification for Rev8 Lidar
Ouster shares surged 26% to $34.17 after its Rev8 lidar sensors were certified for Nvidia's DRIVE Hyperion platform, targeting Level 4 autonomous vehicles.
AOI Shares Jump on Surging AI Data-Center Demand
Applied Optoelectronics surged 21% on strong AI data-center demand, with Q1 revenue hitting $81.4M. Supply constraints are expected to persist through mid-2027.
BigBear.ai Shares Extend Rally Amid Defense AI Contract Backlog Growth
BigBear.ai stock rallied 3.1% Wednesday, pushing one-month gains to 24.7%, driven by a 14% backlog increase to $281.9M from new defense and travel deals.
Aurora Surges 15% as Volvo and DSV Launch Autonomous Trucking Service in Texas
Aurora Innovation stock surged 15% after Volvo and DSV launched commercial autonomous trucking in Texas. The company aims to deploy over 200 driverless trucks by year-end.
Archer Aviation Advances FAA Certification Despite $218M Quarterly Loss
Archer Aviation shares gained 4.7% as the company reported progress in FAA certification for its Midnight eVTOL, offsetting a $217.7 million first-quarter net loss.
Palantir Drops 4.4% Despite Ukraine AI Expansion Meeting
Palantir shares fell 4.4% Wednesday as CEO Alex Karp met President Zelenskiy in Kyiv to expand AI use in Ukraine's war, despite Q1 revenue surging 85%.
Inter Venezuela Deploys Harmonic's Virtualized Fiber for 5G Backhaul
Inter Venezuela rolls out XGS-PON backhaul with Harmonic's virtualized fiber gear to support 5G, as Movistar reports 168 5G stations. Harmonic lifts 2026 revenue forecast to $495M.
Anthropic Unveils Claude for Small Biz to Automate Finance and Marketing
Anthropic introduced Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks, PayPal, HubSpot, and Canva. The product includes 15 preset workflows for tasks such as payroll and invoice management.