Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
Rivian's R2 Pricing Strategy Sparks Investor Concern Over Growth Timeline
Rivian Automotive shares fell as the company detailed pricing for its new R2 SUV, beginning with a high-performance model at $57,990, delaying more affordable versions. The EV maker faces pressure to meet 2026 delivery targets after posting a substantial net loss in 2025.
AMD Shares Dip Amid Oil Surge, Meta Chip Strategy and Nvidia Event in Focus
Advanced Micro Devices shares declined over 2% Friday amid a broader tech selloff, with rising oil prices and shifting Fed expectations weighing on sentiment. Key developments include Meta's in-house AI chip plans and an upcoming meeting between AMD and Samsung.
Rigetti Computing Stock Gains Amid Insider Sales, Focus on 108-Qubit Timeline
Rigetti Computing's stock edged higher Friday, closing at $16.17, while SEC filings revealed insider stock sales by its CTO and CFO to cover tax obligations. The quantum computing firm reported 2025 revenue of $7.1 million and a net loss of $216.2 million, as it pushes forward with its roadmap.
ImmunityBio Surges on NK-Cell Manufacturing Milestone, Anktiva Expansion Progress
ImmunityBio shares jumped 10.5% Friday following news of a completed scalable manufacturing process for its NK-cell therapy platform and regulatory progress for its drug Anktiva. The company also reported surging 2025 revenue.
Palantir Shares Decline Despite AI Partnership Announcements
Palantir Technologies shares dropped 2.7% on Friday, underperforming broader markets, following announcements of new artificial intelligence and defense partnerships. The stock remains down nearly 14% for 2026 despite significant gains over the past year.
Morgan Stanley Boosts Nokia Outlook on AI Infrastructure Strength
Nokia shares gained after Morgan Stanley lifted its price target to €8.50, highlighting strong AI infrastructure demand. Trading volume more than doubled the 50-day average.
Intel Attempts Recovery Amid Geopolitical Jitters and Legal Pressure
Intel shares edged higher in premarket trading Friday, attempting to recover from a nearly 6% plunge the prior session. The selloff was fueled by Middle East tensions spiking oil prices and a lawsuit challenging a 2025 government stake deal.
Ondas Shares Surge on AI Defense Pact with Palantir, World View
Ondas Holdings saw its stock climb 5.1% to $10.33 following a strategic collaboration with Palantir and World View to develop AI-enabled intelligence systems. The move caps a week of significant defense-focused activity for the company.
Nvidia Eyes GTC Conference for AI Roadmap Amid Investor Scrutiny
Nvidia shares traded around $183, with attention turning to next week's GTC conference for potential AI catalysts. The chipmaker recently reported a 73% revenue surge but faces questions on spending and rivals.