Technology News

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

Intel Recovers Slightly After Sharp Sell-Off, Focus Shifts to Upcoming Catalysts
Technology Sarah Chen

Intel Recovers Slightly After Sharp Sell-Off, Focus Shifts to Upcoming Catalysts

Intel shares edged higher in premarket trading Wednesday, attempting to stabilize after a 6% decline. Investors are assessing macro risks and awaiting the company's upcoming presentation at Mobile World Congress.

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Phio Pharmaceuticals Shares Surge on Positive Skin Cancer Trial Data
Technology Sarah Chen

Phio Pharmaceuticals Shares Surge on Positive Skin Cancer Trial Data

Phio Pharmaceuticals stock climbed nearly 10% premarket following encouraging safety and efficacy results from a Phase 1b skin cancer study. The company targets an FDA submission in the second quarter of 2026.

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Intel Recovers Slightly in Premarket After Sharp Sell-Off, Eyes AI and Auto Wins
Technology Sarah Chen

Intel Recovers Slightly in Premarket After Sharp Sell-Off, Eyes AI and Auto Wins

Intel shares edged up 0.45% in premarket trading, attempting to stabilize after a 6.19% plunge. The chipmaker faces supply constraints and a projected Q1 2026 loss but is highlighting AI and automotive partnerships.

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Lumentum Shares Slide in Extended Trading Ahead of Key Investor Conferences
Technology Sarah Chen

Lumentum Shares Slide in Extended Trading Ahead of Key Investor Conferences

Lumentum Holdings stock declined 2.8% in after-hours trading following a volatile session, as investors await management commentary at upcoming Susquehanna and Morgan Stanley events.

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ServiceNow Leads Software Rebound as Analysts Cite AI Overreaction
Technology Sarah Chen

ServiceNow Leads Software Rebound as Analysts Cite AI Overreaction

ServiceNow shares climbed 2.5% to $106.48, leading a broader software recovery after a recent selloff. JPMorgan and Morgan Stanley analysts attributed the decline to sentiment-driven AI fears rather than fundamental weakness.

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Brokerage Stocks Tumble on AI Tax Tool Launch, Schwab Leads Decline
Technology Sarah Chen

Brokerage Stocks Tumble on AI Tax Tool Launch, Schwab Leads Decline

Charles Schwab shares fell 7.5% in after-hours trading as Altruist's new AI tax-planning platform sparked concerns over automation in advisory services. Other major brokerages also saw significant declines.

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Apple Shares Dip Slightly After Hours as Bernstein Boosts Target on AI Prospects
Technology Sarah Chen

Apple Shares Dip Slightly After Hours as Bernstein Boosts Target on AI Prospects

Apple shares edged lower in after-hours trading, while Bernstein raised its price target to $340, highlighting upcoming AI features and rising memory costs as key investor focuses.

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Palo Alto Networks Shares Edge Lower as CyberArk Acquisition Nears Deadline
Technology Sarah Chen

Palo Alto Networks Shares Edge Lower as CyberArk Acquisition Nears Deadline

Palo Alto Networks stock dipped slightly in extended trading as Nasdaq set a halt for CyberArk ahead of the merger's expected close. Stifel reduced its price target ahead of earnings.

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Oracle Shares Gain After Hours on AI Cloud Expansion and $50B Funding Plan
Technology Sarah Chen

Oracle Shares Gain After Hours on AI Cloud Expansion and $50B Funding Plan

Oracle stock advanced 2.1% in extended trading following new AI automation features and a plan to raise up to $50 billion for cloud infrastructure growth. Analysts remain divided on the outlook.

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Micron Shares Slide on Concerns Over Nvidia HBM4 Allocation
Technology Sarah Chen

Micron Shares Slide on Concerns Over Nvidia HBM4 Allocation

Micron Technology's stock declined in after-hours trading following reports it may be excluded from initial HBM4 supply for Nvidia's upcoming 'Vera Rubin' AI platform.

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Palantir Shares Decline Despite Daiwa Upgrade, Market Awaits Jobs Data
Technology Sarah Chen

Palantir Shares Decline Despite Daiwa Upgrade, Market Awaits Jobs Data

Palantir stock fell 2.3% to $139.63 Tuesday, ignoring a Daiwa upgrade to 'buy' with a $180 target. Investors held back ahead of key U.S. employment figures.

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Broadcom Shares Slide Amid Cisco AI Chip Launch and Sector Downgrade
Technology Sarah Chen

Broadcom Shares Slide Amid Cisco AI Chip Launch and Sector Downgrade

Broadcom stock declined 1% as Cisco unveiled new AI networking hardware, intensifying competition. UBS downgraded the broader tech sector while maintaining a Buy rating on Broadcom.

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