Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Palantir Secures Potential $1B DHS Deal Amid Insider Filings, Analyst Upgrade
Palantir shares edged higher after hours following news of a five-year Department of Homeland Security agreement worth up to $1 billion, alongside insider sale filings and an analyst upgrade.
Micron Gains in Extended Trading as AI Memory Demand Strengthens
Micron Technology shares advanced in late trading Friday, reflecting renewed investor confidence in memory makers as critical AI infrastructure plays. The focus now turns to Nvidia's upcoming results for further signals on AI demand.
Tesla Cybertruck Price Cuts Meet Legal Headwinds, Shares Stagnant
Tesla stock showed minimal movement following the announcement of a limited-time Cybertruck price reduction and a federal judge upholding a major Autopilot-related verdict. Investors are weighing demand stimulus against margin and legal risks.
Figma Shares Gain on Raised Revenue Outlook, AI Pricing Shift Looms
Figma shares advanced after the company raised its 2026 revenue target and outlined a March implementation of AI usage caps, prompting some Wall Street firms to lower price targets.
Grail Shares Halve as UK Trial Misses Primary Endpoint, Clouding FDA Path
GRAIL Inc. shares plummeted almost 50% in Friday trading following disappointing results from a major UK study of its multi-cancer early detection test. The trial's failure to hit its primary endpoint complicates the company's regulatory and reimbursement strategy.
Palo Alto Networks Stock Rebounds on CyberArk Note Repurchase Deadline
Palo Alto Networks stock gained 4.6% to $158.01 Friday, recovering from post-earnings declines. The cybersecurity firm set a March 20 deadline for CyberArk noteholders to exercise cash repurchase rights following its recent acquisition.
Applied Materials Posts Modest Gain Despite Legal Charge; Nvidia Results Loom
Applied Materials shares advanced about 1% Friday, closing near $373, after disclosing a $253 million legal settlement charge in its quarterly filing. Revenue for the period declined 2% to $7.012 billion, with China representing 30% of sales.
Lumentum Shares Surge on AI Infrastructure Rotation, Executive Sale
Lumentum shares climbed over 4% Friday, reaching a new intraday peak amid heavy trading volume. The move comes as capital rotates into AI infrastructure stocks, with optics and networking names benefiting.
AppLovin Shares Climb on Social Platform Development Signals
AppLovin shares gained 3.3% to $425.74 after indications emerged that the mobile advertising firm is developing a social platform. The company is hiring a founding backend engineer in Singapore for the project.
Broadcom Gains on 6G Chip Launch as VMware Concerns Loom
Broadcom shares advanced following the introduction of its new 5G Advanced/6G radio chip, BroadPeak. Investor attention remains divided between this hardware innovation and ongoing challenges in its VMware software segment.
Palantir Stock Dips Despite $1B DHS Deal, Rackspace Partnership
Palantir Technologies stock declined 1.5% to $132.89 on Friday, underperforming the broader software sector. The move came amid conflicting catalysts including a reported $1 billion U.S. Department of Homeland Security contract, a new strategic partnership with Rackspace Technology, and an analyst upgrade from Mizuho Securities.
Nokia's AWS-Powered 5G Core SaaS Debuts with First Commercial Customer
Nokia's stock remained steady around $7.60 in premarket trading following the launch of the first commercial 5G Core software-as-a-service deployment on Amazon Web Services by Belgian operator Citymesh.