Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Blue Origin Achieves Key Reusability Milestone with New Glenn Booster Landing
Blue Origin recovered a previously flown New Glenn rocket booster following the launch of AST SpaceMobile's BlueBird 7 satellite, marking its first successful reuse mission and advancing competition in the reusable launch sector.
Fluor Sells $150M NuScale Stake, Shares Surge on Heavy Volume
Fluor Corporation divested a $150 million stake in NuScale Power, dropping its ownership below 5%. NuScale shares closed up 10.8% on Friday with elevated trading volume.
Tesla Ramps Up AI Chip Ambitions with Taiwan Hiring Spree Ahead of Earnings
Tesla is accelerating its in-house AI chip development, hiring engineers in Taiwan for its Terafab facility just days before its Q1 earnings report. Investors are focused on the company's capital allocation to AI amid cooling electric vehicle demand.
Nvidia Expands Robotics Ambitions as Chipmakers Signal Sustained AI Demand
Nvidia is advancing its robotics initiatives through an expanded collaboration with Cadence Design Systems, integrating AI models with simulation tools. Concurrently, leading chip manufacturers TSMC and ASML have upgraded their sales outlooks, underscoring robust demand for artificial intelligence hardware.
Intel Shares Reach 26-Year High Ahead of Critical Earnings Report
Intel's stock price climbed to levels not seen since the dot-com era, fueled by strategic AI deals and a $14.2 billion asset repurchase. The chipmaker's turnaround narrative now faces a crucial test with upcoming quarterly earnings.
Figma Shares Drop as AI Rivalry Intensifies, Valuation Gap Narrows
Figma shares declined sharply following the launch of Anthropic's Claude Design AI tool, intensifying competition in the design software sector. A new valuation analysis suggests the stock may be overvalued as investors weigh AI's impact on growth.
Broadcom Gains on Meta AI Chip Extension, Goldman Reaffirms Bullish Stance
Broadcom shares advanced following Goldman Sachs reiterating a buy rating and $480 target, driven by Meta's expanded AI chip agreement through 2029. The firm continues securing major custom silicon deals.
NuScale Volatile on Federal Nuclear Loan Signals, Space Reactor Initiative
NuScale Power shares experienced significant volatility Thursday, surging to $13.23 before retreating to $11.52, following policy developments supporting nuclear energy. The U.S. government signaled potential federal loan backing for initial reactor projects and initiated a space-reactor program.
SoFi Gains on Instant Transfer Launch Ahead of Key Q1 Report
SoFi Technologies shares advanced following the launch of instant bank transfers via the FedNow network. The fintech firm is set to report first-quarter results on April 29, with significant revenue and profit expectations.
D-Wave Quantum Surges on Nvidia's Quantum AI Push, Reports Strong Bookings
D-Wave Quantum shares advanced Thursday, extending gains after Nvidia introduced AI models for quantum computing. The company reported robust first-quarter 2026 bookings exceeding $32.8 million.
Intel Expands 18A Chip Reach to Mainstream Laptops Amid Analyst Target Hikes
Intel has introduced its Core Series 3 mobile processors, extending its 18A manufacturing technology to mainstream laptops. The stock gained over 4% following the announcement, with Wall Street firms raising price targets ahead of the company's quarterly results.
IonQ Stock Surges on DARPA Contract and Quantum Networking Milestone
IonQ stock advanced following a DARPA contract award and a successful quantum networking demonstration. The company also reported strong 2025 revenue and provided 2026 guidance.