Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Palantir Shares Slide 7% on CEO's AI Wealth Warning, Valuation Scrutiny
Palantir stock dropped 7.1% last week as CEO Alex Karp's warning about AI-driven wealth inequality and a 38.5x revenue multiple fueled investor unease.
SpaceX Starship Flight 13 Tests V3 Satellites, Booster Landing Fails
SpaceX's Starship Flight 13 successfully deployed 20 Starlink V3 satellites, but the Super Heavy booster crashed into the Gulf, highlighting reusability challenges.
Open-Weight AI Coalition Grows 40% Ahead of Key Earnings for Nvidia, Microsoft, Meta
The open-weight AI alliance expands by 40% as Microsoft, Meta, and Nvidia approach earnings. The coalition now includes 35 signatories, highlighting industry support for open models over sweeping restrictions.
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.
Archer Aviation (ACHR) Weekly Gains Slip Amid Unclear Halo Contract Details
Archer Aviation (ACHR) closed at $4.77, up 7.4% weekly, but 62% of Monday's spike was erased. The Halo reveal with Anduril lacked pricing and delivery details.
Uber Market Cap Drops $6 Billion on Waymo Partnership Breakup Fears
Uber shares slid 4.3% on Friday, wiping out $6.1 billion in market value, following a report that Waymo is considering ending their robotaxi partnership.
Oracle Stock Gains 2.5% on $7 Billion Pentagon Contract Despite Valuation Disparity
Oracle shares climbed 2.5% after-hours on a $7 billion Pentagon software contract, though the implied equity gain of $8.6 billion far exceeds the deal's maximum value, suggesting relief buying.
Nokia Shares Dip 3.4% as AI Order Surge Outpaces Revenue Recognition
Nokia shares slid 3.4% as €2.8 billion in AI orders overshadowed near-term sales. Q2 profit beat estimates, but revenue conversion remains a key concern.
SpaceX Starship Flight 13 Rescheduled; Heavy Short Interest Looms
SpaceX's Starship Flight 13 moved to Friday due to weather, with 56% of free float shorted. Traders eye Monday gap risk after the post-IPO test.