Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Goldman Sachs Bullish on Apple Following Siri AI Plans at WWDC 2026
Apple shares gained 2.1% as Goldman Sachs reaffirmed its Buy rating and $340 price target, highlighting WWDC 2026's Siri AI roadmap and monetization opportunities, but warned of regulatory and hardware constraints.
Microsoft Insiders Sell $10M in June Amid Valuation Split
Microsoft insiders sold nearly $10 million in MSFT shares in June, with valuation models showing a wide gap. Analysts are split on the stock's intrinsic value as AI investments pressure margins.
AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.
Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion
Rocket Lab shares rebound 6% premarket after KeyBanc upgrade to Overweight, ahead of Nasdaq-100 inclusion on June 22. Strong Q1 earnings and backlog support the bullish call.
AMD Surges After Citi Upgrade Highlights Meta GPU Deal Potential
AMD stock surged 4.7% after Citi upgraded the stock to Buy and raised its target to $575, citing the company's growing role in AI GPUs and a major deal with Meta.
Nokia Shares Edge Higher on AI Optimism, But Valuation Concerns Persist
Nokia shares gained 1% in Helsinki, extending a 10% Friday surge, driven by AI and cloud demand. The stock remains volatile and trades above the average analyst target.
Meta Admits AI Workforce Overhaul Missteps, Hikes 2026 CapEx to $145B
Meta CEO Mark Zuckerberg admits mistakes in the company's swift AI workforce overhaul, as capital expenditure guidance for 2026 rises to $125-$145 billion, reflecting higher component prices and data center investments.
AMD Surges After Citi Upgrade, Meta AI Deal Fuels Optimism
AMD shares surged 4.7% to $511.57 after Citi upgraded the stock to Buy, highlighting its AI GPU potential and Meta's Instinct chip plans.
Apple Dips on Supply Chain Worries and AI Doubts Amid $4.3T Valuation
Apple shares slipped 1.5% as concerns over an Indian iPhone-parts factory probe and doubts about Siri AI features weigh on the stock, with the next major catalyst being unconfirmed Q3 earnings on July 30.
UiPath Faces Pivotal Test as AI Automation Demand Stalls Growth
UiPath shares closed at $10.55, down about 1%, as investors focus on the company's ability to meet Q2 targets and prove AI-driven automation can accelerate recurring revenue growth.
Aurora Innovation Bounces Back After 23% Slide, Driverless Truck Launch Ahead
Aurora Innovation shares recovered 2.68% to $6.13 after a seven-day 23% decline, as investors eye the Q2 second-gen hardware rollout and driverless truck deployment target.