Technology News

Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.

Apple Rally Narrows Upside as AI Upgrade Hopes Falter
Technology Sarah Chen

Apple Rally Narrows Upside as AI Upgrade Hopes Falter

Apple surged 3.9% to $305.81, adding $168B in market cap, but UBS data reveals Apple Intelligence hasn't accelerated iPhone upgrades, capping near-term upside.

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Palantir Soars $23 Billion on Nvidia Deal and Analyst Upgrade
Technology Sarah Chen

Palantir Soars $23 Billion on Nvidia Deal and Analyst Upgrade

Palantir's stock jumped 7.77%, boosting market cap by $23.3 billion, after an analyst upgrade and a Nvidia partnership aimed at secure AI deployments.

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UiPath Stock Holds Gains as Growth Pivot Shifts to Second Half
Technology Sarah Chen

UiPath Stock Holds Gains as Growth Pivot Shifts to Second Half

UiPath shares hover around $11.55 after a 6% gain, as full-year ARR guidance signals a heavier growth ramp in the second half.

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CrowdStrike Stock Split Cuts Lot Cost to $19,300
Technology Sarah Chen

CrowdStrike Stock Split Cuts Lot Cost to $19,300

CrowdStrike's 4-for-1 stock split lowers the cost of a 100-share lot to about $19,319, while the company's market cap stays near $199 billion.

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Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight
Technology Sarah Chen

Amazon's Satellite Deployment Falls Short of FCC Target After Atlas V's Final Flight

Amazon's final Atlas V launch added 29 satellites to its LEO network, leaving it 1,220 shy of the FCC's July 30 deadline. The company pivots to Vulcan, Falcon 9, and New Glenn.

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Meta's AI Cloud Ambitions Add $128B to Market Cap
Technology Sarah Chen

Meta's AI Cloud Ambitions Add $128B to Market Cap

Meta Platforms (META) surged 8.8% in premarket trading after reports of a new AI cloud business, adding $127.6 billion in market value.

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Joby Aviation Slips as Toyota JV Filing Ties Funding to Certification Milestones
Technology Sarah Chen

Joby Aviation Slips as Toyota JV Filing Ties Funding to Certification Milestones

Joby Aviation shares ended lower Wednesday after a Toyota filing showed the new manufacturing JV's funding is tied to certification milestones, with initial equity of just $2 million.

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AWS $1B AI Engineering Initiative Lifts Amazon Stock Despite Cash Flow Concerns
Technology Sarah Chen

AWS $1B AI Engineering Initiative Lifts Amazon Stock Despite Cash Flow Concerns

Amazon shares gained 1.4% after-hours as AWS launched a $1B AI engineering program, offering a clearer revenue path for its massive AI capex.

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IREN drops 5.4% as Meta's AI cloud plans pressure neocloud stocks
Technology Sarah Chen

IREN drops 5.4% as Meta's AI cloud plans pressure neocloud stocks

IREN shares slid 5.4% to $43.28 after reports that Meta may sell surplus AI computing power, hitting neocloud stocks. Jefferies set a $79 target on IREN.

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Palantir Stock Surges on NVIDIA Deal, Market Cap Hits $326.5 Billion
Technology Sarah Chen

Palantir Stock Surges on NVIDIA Deal, Market Cap Hits $326.5 Billion

Palantir shares climbed 8.8% to $126.98, reaching a $326.5 billion market cap after a strategic AI partnership with NVIDIA, while analysts debate valuation sustainability.

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Meta Cloud Plan Boosts Stock, Pressures AI Compute Rivals
Technology Sarah Chen

Meta Cloud Plan Boosts Stock, Pressures AI Compute Rivals

Meta shares jumped 6.8% after a report it may sell excess AI compute capacity, while CoreWeave and Nebius dropped 10.9% and 12.3% respectively.

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Joby Aviation Rises on Toyota JV Filing; Market Eyes Production Deal
Technology Sarah Chen

Joby Aviation Rises on Toyota JV Filing; Market Eyes Production Deal

Joby Aviation shares climbed 3.8% to $8.96 after a Toyota JV filing detailed $2 million in starting capital, with investors more focused on upcoming manufacturing and IP agreements.

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