Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
SharonAI Shares Surge on $4.88 Billion NVIDIA Deal for AI Cloud Expansion
SharonAI shares surged after unveiling a $4.88 billion NVIDIA deal to boost AI cloud capacity in Australia, yet the firm remains unprofitable and faces significant execution and financing hurdles.
UiPath Stock Hovers Near $10 as Bull and Bear Cases Collide
UiPath shares hover near $10.65 as investors debate strong cash flow and AI automation demand versus slowing ARR growth and earnings quality concerns.
Keel Infrastructure Surges on $458M Convertible Note Deal for AI Data Center Push
Keel Infrastructure closed $458M in convertible notes to fund its pivot from Bitcoin mining to AI data centers, with stock rising 5.14% to $5.52. Lease deals at three sites are next catalyst.
Micron Rebounds Toward $1,000 as AI Memory Demand Faces Earnings Test
Micron shares surged 11.66% to $995.87, nearing $1,000 again, as AI memory demand fuels a rebound. The June 24 earnings report will test whether the rally can be sustained.
Marvell Technology Slips After Surge; AI Narrative and S&P 500 Entry Remain Key
Marvell Technology shares slipped 1.7% premarket after an 11% surge, as the company's AI narrative and upcoming S&P 500 inclusion remain key catalysts.
AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO
AST SpaceMobile stock surged 11.73% to $97.56 ahead of the June 17 BlueBird satellite launch and SpaceX IPO, with investors focusing on execution milestones and valuation risks.
Nokia Shares Surge on AI Network Platform Launch
Nokia shares surged over 6% in Helsinki and 5% in New York after introducing an agentic AI framework for its Network Services Platform, highlighting AI and cloud growth.
Nvidia Targets China Market with Vera CPU Launch Amid AI Rally
Nvidia shares gained 2.22% to $204.87 after Reuters reported it is offering its new Vera CPUs to Chinese customers, with availability as early as August. The broader semiconductor index surged 7.91%.
Intel Soars 9% on BofA Upgrade and AI Demand Surge
Intel shares surged 9.27% after Bank of America upgraded the stock to Buy, citing strong AI and foundry prospects. A reported Google order for 3 million chips added to the rally.
PATH Stock Slides Despite Strong Q1, Analyst Caution Persists
UiPath shares dropped 0.84% to $10.65 on June 11, underperforming a surging tech market, despite strong Q1 revenue growth and first-time GAAP profitability.
Keel Infrastructure Rallies on Closing $458M AI Data Center Financing
Keel Infrastructure Corp. shares surged 5.14% after closing $458 million in convertible notes to accelerate AI and high-performance computing data center projects.
AST SpaceMobile Soars on Confirmed BlueBird Launch Date
AST SpaceMobile shares jumped 11.73% to $97.56 after confirming BlueBird satellites 8, 9, and 10 will launch June 17, targeting higher data speeds and expanding its satellite-to-smartphone broadband network.