Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Palantir's $5.6B Market Cap Gain Exceeds 2026 Cash Flow Forecast
Palantir's early Monday gain of $5.6 billion in market value exceeded the midpoint of its 2026 adjusted free cash flow target, highlighting stretched valuations.
Oracle Stock Rebounds as AI Order Backlog Surpasses Market Cap
Oracle shares bounce 2.6% premarket after a 24% nine-day slide. The $638 billion AI backlog now exceeds the $408.5 billion market cap, but negative free cash flow and heavy spending raise concerns.
Sandisk recovers $13.8B in premarket but remains $28.8B below peak after selloff
Sandisk (SNDK) gained 5.33% in premarket trading Monday, recovering $13.8B in value, but shares remain $28.8B below the July 2 close after a 14.13% drop erased $42.5B.
Micron's HBM Supply Plan Faces New Rival as SK Hynix Begins U.S. ADR Sale
Micron shares rebound pre-market as SK Hynix begins a $28.07 billion U.S. ADR sale, challenging Micron's scarcity premium in AI memory. Micron plans $9.3 billion HBM plant in Hiroshima.
SpaceX Faces Rising Starlink Satellite Disposal Costs Ahead of Nasdaq 100 Debut
SpaceX decommissioned 609 Starlink satellites, representing 5.7% of its operational fleet, as the company faces significant disposal costs ahead of its Nasdaq 100 inclusion next week.
NIO Stock Dips 3.6% as Q2 Deliveries Miss Forecast, All Eyes on ES8 Launch
NIO stock dropped 3.62% to $4.79 after Q2 deliveries of 107,658 missed the company's forecast. June deliveries hit a record 40,597, but ONVO brand slipped. All eyes are on the upcoming ES8 launch on July 9.
Microsoft's AI Bet Faces Investor Scrutiny After Holiday Lull
Microsoft closed at $390.49 after the Independence Day holiday, with AI spending and the new Frontier Company under investor scrutiny.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.