Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Apple Stock Dips Premarket as iPhone 18 Pro Max Drives Valuation Toward 37x Earnings
Apple (AAPL) shares fell 0.2% in premarket trading as anticipation builds for the iPhone 18 Pro Max, pushing the stock's valuation to nearly 37 times earnings.
Nvidia Slips 1.5% as DLSS 5 Launch Raises RTX 50 Demand Concerns
Nvidia shares slipped 1.5% ahead of DLSS 5's debut in NBA 2K27, spotlighting the small but strategic Edge Computing segment and raising questions about RTX 50 upgrade demand.
Nauticus Robotics Soars 27% as Both Comanche ROVs Enter Commercial Service
Nauticus Robotics (KITT) surged 27% after announcing both Comanche ROVs are now in commercial service. The rally lifts market value to $7.55M, yet cash reserves may only last 25 days.
SpaceX Slips 1% as AI Capex Strains $1.9T Valuation
SpaceX shares dipped 1% as heavy AI spending raised valuation concerns. Q2 revenue surged 92% to $7.814B, but AI losses hit $1.257B.
Apple Stock Rises as New CEO Takes Helm in AI Era
Apple's stock rose 1.7% as John Ternus took over as CEO, facing the challenge of leading AI innovation in a $4.7 trillion company.
AEye Stock Surges 26% on Lunar Lidar Deal, Outshining Q2 Revenue
AEye's stock surged 26% after a lunar lidar partnership with Lunar Outpost, a contract worth at least $2 million—about 10 times its Q2 revenue.
Apple Stock Slips Ahead of iPhone 18 Event; Pro Model Price Hikes Eyed
Apple shares dipped 0.2% premarket as investors focus on the upcoming iPhone 18 event, with potential price hikes and a foldable device in the spotlight.
MediaTek Stock Soars 10% on Nvidia AI Deal, Market Value Jumps $19.4B
MediaTek shares hit the daily limit, rising 9.94% to NT$4,315, as Nvidia's $3.5B investment boosts AI chip prospects. Market value jumped NT$616B, far exceeding Nvidia's stake.
Nvidia Buyback Lifts Shares 1.5% as AI Demand Drives Record Revenue
Nvidia (NVDA) shares gained 1.5% after a $20B buyback, with Q2 revenue soaring 106% to $96.22B. Data Center growth of 117% highlights AI's momentum.
Tesla Stock Surges 5% as Autopilot Crash Data Puts $1.45T Valuation in Focus
Tesla shares rose nearly 5% as a federal crash report confirmed Autopilot was active in a fatal May accident, putting the $1.45 trillion valuation under scrutiny.
Nvidia's $3.5B MediaTek Bet: AI Chip Push Reshapes Market
Nvidia's $3.5B convertible bond investment in MediaTek, announced after Taiwan's close, follows a 1.51% dip in MediaTek shares. The funds support MediaTek's custom AI chip push targeting 15-20% of an $80B market.
Amazon Stock Climbs 4% on AWS Strength and $220B AI Budget
Amazon shares gained 4% as AWS revenue surged 37% to $42.2B, its fastest growth in 18 quarters. The company raised 2026 capex to $220B, boosting market value by $110B.