Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Apple's Mac mini M6 Launch Lifts Shares 1.1% Despite Higher Price
Apple (AAPL) shares gained 1.1% following the Mac mini M6 launch, priced at $899 (up 12.5%). The company's Mac division posted record revenue of $10.4 billion last quarter.
ASUS Shares Jump 5% on Premium ROG Ally X20 Launch
ASUS shares climbed 4.97% after the ROG Ally X20 was priced at $1,299, a 30% increase over the previous model. Preorders have started in the U.S.
AMD Stock Soars 4.9% on Strong Buy Rating, $641 Price Target
AMD shares surged 4.9% after Raymond James upgraded the stock to Strong Buy with a $641 price target, boosting market value by $36.6 billion.
Rezolve AI Jumps 22% on Google Cloud Web3 Adoption
Rezolve AI (RZLV) surged 22% to $2.96 after Google Cloud adopted its database for Web3, adding $211M in market value. Volume hit 98.4M shares.
SpaceX's $100B Louisiana Gamble: Stock Climbs 2.2%
SpaceX announced a $100 billion investment in Starbase Louisiana, sending shares up 2.2% to $137.95. The massive project includes 10 launch pads and thousands of launches.
NuScale Power Jumps 9.8% on AI Search Efficiency Breakthrough
NuScale Power (SMR) rallied 9.8% after revealing AI-driven search tools that reduce engineering data retrieval by up to 80%, boosting market value by $379M.
CoreWeave Gains 2.3% as Rescale Adds AI Cloud for Five Industries
CoreWeave (CRWV) shares climbed 2.3% as Rescale launched AI cloud services for five industries, broadening its workload mix beyond AI training.
Navitas Surges 5% on $233M Claros Buyout to Power AI Chips
Navitas Semiconductor (NVTS) rose 5.3% after announcing the $232.8M acquisition of Claros, a move to enhance AI chip power delivery. The deal expands Navitas's market opportunity by $3.5B but introduces dilution and execution risks.
AMD Soars 4% on Strong Buy Upgrade; Server CPU Market Seen at $201B
AMD shares rose 4.3% after Raymond James upgraded to Strong Buy, lifting its price target to $641. The firm forecasts the server CPU market to reach $201B by 2030.
Supermicro Soars 9% on Cisco AI Server Distribution Deal
Supermicro shares surged 9% after Cisco announced it will sell its AI servers starting in October, adding about $1.96 billion to SMCI's market cap.
Rezolve AI Surges 22% on Google Cloud Deal, Adds $209M Market Cap
Rezolve AI shares jumped 21.56% to $2.955 after Google Cloud selected its database platform, adding $209M in market value. Contract terms were not disclosed.