Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
UiPath Stock Edges Up but Lags Tech Rally as Buyback Hopes Face ARR Slowdown
UiPath shares edged up 0.5% but underperformed the broader tech rally. UBS cut its target to $12, and Q2 ARR guidance points to slower growth, keeping pressure on the stock.
Amazon's Market Cap Surges $80 Billion as AWS GPU Prices Set to Rise 20%
Amazon's stock surged $80 billion in value on Monday as AWS announced 20% GPU price increases, overshadowing Prime Day's $26.4 billion in sales.
Applied Materials Market Cap Surges $54 Billion in Single-Day Rally
Applied Materials shares jumped 10.82% to a record $694.64, adding $53.8 billion to market cap. The rally reduces the buyback's per-share impact as the stock gains 170% year-to-date.
Palantir Stock Gains on Nvidia AI Deal; Valuation Remains Elevated
Palantir shares rose 2.4% on an AI collaboration with Nvidia for government clients, but the stock still trades at 39x 2026 revenue, with a 26% monthly drop.
Taiwan Raid on Super Micro Office Erases $1.4 Billion in Market Value
Taiwan prosecutors expanded their investigation into suspected Nvidia-chip server diversion, searching Super Micro's Taiwan office and seizing $22 million in hardware, wiping out $1.4 billion in market value.
