Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Youxin Technology Soars 150% on $10.8M TikTok Stake Deal
Youxin Technology shares jumped 149.62% Monday after the company agreed to acquire an 18% stake in TikTok commerce partner YATOP for $10.8 million in stock.
Interstellar Comet 3I/ATLAS Bears Water Signature from Frigid Exoplanetary System
ALMA measurements of deuterated water in interstellar comet 3I/ATLAS show a D/H ratio over 40 times Earth's oceans, indicating origin in a far colder system.
AMD Shares Slide on Downgrade Amid AI Rally Skepticism
AMD shares dropped 3.8% after a Northland Capital downgrade questioned the AI rally's sustainability, while Nvidia and Intel gained.
Intellia's CRISPR Therapy for HAE Nears FDA Filing After Late-Stage Success
Intellia Therapeutics (NTLA) announced its CRISPR therapy lonvo-z cut HAE attacks by 87% vs placebo in a Phase 3 trial, with 62% of patients attack-free. A rolling FDA submission has begun.
Nokia Stock Surges on AI Data Center Demand, Analyst Upgrades
Nokia shares gained 3.69% in Helsinki after Q1 earnings beat and multiple analyst upgrades, driven by a 49% surge in AI and cloud sales and a raised 2026 growth target.
Ackman's Uber Stake Gains Focus as Robotaxi Deal with Lucid Expands
Uber shares rose 2% on renewed attention to Bill Ackman's stake and a $200 million Lucid investment for robotaxis, with a commitment to 35,000 vehicles.
Applied Digital Secures $7.5B AI Lease, Faces Execution Hurdle
Applied Digital Corp. (APLD) signed a $7.5B, 15-year lease for 300 MW with an unnamed hyperscaler, pushing total contracted lease revenue above $23B. Shares jumped over 12%.
SoundHound AI Dips on LivePerson Acquisition, Wedbush Sees Upside
SoundHound AI shares dropped 1.4% to $8.08 on Monday after announcing an all-stock acquisition of LivePerson for about $43 million. Wedbush reiterated its Outperform rating, seeing long-term potential.
Micron's AI Memory Surge Revives Trillion-Dollar Valuation Debate
Micron Technology shares rose 3% premarket Monday as strong fiscal Q2 results and surging AI memory demand reignited discussions about the company's path to a $1 trillion valuation.