Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Oracle's $50B Cloud Funding Plan in Focus as Shares Rise Ahead of Holiday
Oracle shares gained 2.34% to close at $160.14 on Friday before U.S. markets closed for Presidents Day. Investors are assessing the company's plan to raise up to $50 billion next year to expand cloud infrastructure capacity.
Cisco's AI Chip Push Confronts Profit Margin Pressure
Cisco shares will resume trading Tuesday after a volatile week, with its new AI networking chip announcement overshadowed by a gross margin miss and rising component costs.
Intel's Turnaround Faces Scrutiny as Analyst Calls It a 'Show Me' Story
Intel shares edged higher ahead of the holiday, but a new Neutral rating highlights concerns over its ambitious turnaround plan. The company is expanding into AI chips and foundry services to regain momentum.
AppLovin Shares Rally Ahead of Market Reopening
AppLovin shares closed up 6.4% at $390.55 ahead of the Presidents Day market closure, buoyed by upbeat quarterly results and shifting analyst sentiment.
AMD Expands AI Infrastructure in India via TCS Partnership
AMD deepens its collaboration with Tata Consultancy Services to launch its Helios rack-scale AI infrastructure in India, aiming for significant data-center expansion. The announcement comes as U.S. markets reopen after a holiday closure.
Alphabet's AI Spending and Regulatory Scrutiny Weigh on Shares
Alphabet's stock fell for a fourth consecutive session, shedding nearly $88 billion in market value since January, amid investor concerns over aggressive AI spending and EU antitrust investigations.
Palantir Gains After Rare Double Upgrade, Markets Eye Post-Holiday Momentum
Palantir shares advanced Friday following a rare two-level upgrade from Freedom Capital Markets, which maintained a $170 price target. U.S. markets are closed Monday for the Presidents Day holiday.
Amazon's $200B AI Spending Plan Weighs on Shares as Investors Await Returns
Amazon shares have declined nearly 14% in 2026 following its $200 billion artificial intelligence capital expenditure announcement, with investors concerned about the timeline for returns. The stock closed at $198.79 ahead of the Presidents Day market holiday.
Microsoft's AI Investment Concerns Weigh on Stock Ahead of Trading Resumption
Microsoft stock closed at $401.32, down 17% year-to-date, erasing $613 billion in market value. Investors are focused on AI spending efficiency and competitive threats ahead of Tuesday's market restart.
Micron's India Chip Plant Launch Imminent Amid Market Holiday
Micron Technology is set to commence operations at its new semiconductor assembly and testing facility in Gujarat, India, before month-end. The $2.75 billion project comes online as U.S. markets observe a holiday.
Tesla Stock Holds Near $417 Amid Holiday Pause; Software Shift in Focus
Tesla stock edged up slightly to $417.44 on Friday before U.S. markets closed for Presidents Day. The company is shifting its Full Self-Driving sales to a subscription model and recently reported its first annual revenue decline.
HSBC Upgrade Lifts CrowdStrike Ahead of Key Earnings Report
CrowdStrike shares climbed 4.4% to $429.64 Friday following an HSBC upgrade to 'buy' with a $446 price target. The cybersecurity firm reports earnings March 3 during a holiday-shortened trading week.