Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
ServiceNow Leads Software Rebound as Analysts Cite AI Overreaction
ServiceNow shares climbed 2.5% to $106.48, leading a broader software recovery after a recent selloff. JPMorgan and Morgan Stanley analysts attributed the decline to sentiment-driven AI fears rather than fundamental weakness.
Apple Shares Dip Slightly After Hours as Bernstein Boosts Target on AI Prospects
Apple shares edged lower in after-hours trading, while Bernstein raised its price target to $340, highlighting upcoming AI features and rising memory costs as key investor focuses.
Palo Alto Networks Shares Edge Lower as CyberArk Acquisition Nears Deadline
Palo Alto Networks stock dipped slightly in extended trading as Nasdaq set a halt for CyberArk ahead of the merger's expected close. Stifel reduced its price target ahead of earnings.
CrowdStrike Leads Cybersecurity Rebound as Analysts See AI Selloff Overblown
CrowdStrike shares advanced 2.2% Tuesday, leading cybersecurity peers higher. Major banks labeled the recent AI-driven software selloff as sentiment-driven and overdone, creating potential opportunities.
Micron Shares Slide on Concerns Over Nvidia HBM4 Allocation
Micron Technology's stock declined in after-hours trading following reports it may be excluded from initial HBM4 supply for Nvidia's upcoming 'Vera Rubin' AI platform.
Palantir Shares Decline Despite Daiwa Upgrade, Market Awaits Jobs Data
Palantir stock fell 2.3% to $139.63 Tuesday, ignoring a Daiwa upgrade to 'buy' with a $180 target. Investors held back ahead of key U.S. employment figures.
Aon Recovers from AI-Driven Selloff as Investors Weigh Brokerage Disruption
Aon shares rebounded 3.1% after Monday's sharp decline triggered by an AI-powered insurance comparison tool. The market is assessing whether such technology could pressure traditional broker fees.
Nebius Acquires AI Search Firm Tavily Ahead of Quarterly Earnings
Nebius Group shares gained approximately 1% following its agreement to purchase AI search provider Tavily. Investors now await Thursday's quarterly results for insights on demand and spending trends.
Uber shares dip on Dubai robotaxi launch and $335M Getir acquisition
Uber stock edged lower as the company announced plans to deploy Baidu's autonomous vehicles in Dubai and finalized a major acquisition of Getir's food delivery business in Turkey.