Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.
Arista Networks Surges $34B in Value, But Rally Masks Key Risks
Arista Networks surged $34B in market cap this week, but the rally came on light volume and unchanged earnings estimates, raising questions about sustainability.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
Indian Railways Sanctions ₹381 Crore for Two Projects, Kavach Gets 54%
Indian Railways has sanctioned ₹381 crore for two separate projects, with over half going to the Kavach train protection system. The allocation covers 680 route km at ₹30.3 lakh per km.
NASA Seeks Industry Input on Lunar Supply Chain as Moon Base Ambitions Grow
NASA is seeking industry input on lunar supply chain bottlenecks as a six-person moon base may need 26 resupply runs annually. ispace books SpaceX Starship space, and Intuitive Machines wins NASA contracts.
Xero's $500 Ultra Plan: A Strategic Move Beyond Small Business Accounting
Xero's new Ultra plan at $500/month targets companies with 20-200 staff, bridging to ERP. At 5,000 subs, it could generate ~1% of FY26 revenue.
SWIFT's Blockchain Pilot Launches with 17 Banks, but Adoption Remains Limited
SWIFT has launched its blockchain ledger with 17 banks for 24/7 cross-border transfers using tokenized deposits, but the pilot represents only 0.15% of its network.
SK Hynix Raises $26.5B in Oversubscribed Offering, Memory Chip Sector Heats Up
SK Hynix raised $26.5 billion in a heavily oversubscribed ADR offering, highlighting robust demand for AI memory chips. The memory sector is now in focus as Micron increases U.S. investment and ASML/TSMC report earnings.
Microsoft Stock Flat Amid Emissions Surge from AI Data Centers
Microsoft shares were nearly unchanged Friday after an environmental report revealed a 25% jump in emissions from AI data centers. The stock now trails the broader market ahead of earnings.
Polibeli Soars 26% on AI Data Center Ambitions
Polibeli Group (PLBL) shares jumped 26.48% on Friday, adding $623 million to its market cap, after signing a non-binding MOU for a potential AI data center.
Cognex Rises 1.6% Amid Heavy Valuation Concerns
Cognex rose 1.6% Friday, but heavy valuation and Q2 guidance uncertainty persist. The stock trades at 10.6x sales, far above peers.