Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
China's Tianwen-2 Probe Captures Asteroid Kamo'oalewa, Origin Debate Heats Up
China's Tianwen-2 probe has imaged asteroid Kamo'oalewa from 20 km away, raising questions about whether it's lunar debris or a weathered asteroid.
New Horizons Awakens, Exposing Deep-Space Comms Gap and Near-Earth Opportunities
New Horizons came back online after 321 days, but its 8-hour signal time underscores the still-uninvestable deep-space communications gap.
AMD Slips 6.5% Despite Goldman Upgrade as AI Hopes Face Scrutiny
AMD shares tumbled 6.51% to $516.11 despite a Goldman Sachs target hike, as the broader chip sector slumped and AI optimism meets demand for tangible results.
Apple's Foldable iPhone Launch to Be Limited, High-Priced
Apple's foldable iPhone is set for a limited Q3 launch with 0.5M-1M units, priced at $2,300-$2,500, far below iPhone 18 Pro volumes. The scarcity strategy mirrors the iPhone X debut.
Microsoft Stock Slips on AI Spending Fears Despite Job Cuts
Microsoft shares dipped 0.9% as AI spending concerns outweighed news of 4,800 layoffs. Wolfe Research lowered its price target to $525.
Credo Technology Surges on AI Cable Demand, but Customer Concentration Looms
Credo Technology shares jumped 9.8% to $265.55, topping the SOX rally, driven by strong AI cable demand. Yet, with the stock near analyst targets, risks from customer concentration loom.
Joby Aviation Soars on Toyota Joint Venture Details
Joby Aviation shares jumped 9.2% after disclosing the terms of its manufacturing joint venture with Toyota, which includes a 51% stake for Toyota and $2 million in initial capital.