Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
WiseTech Global Rebounds 4.3% as Tech Sector Stabilizes, Eyes on Upcoming Earnings
WiseTech Global shares surged 4.3% to A$49.66, recovering from recent software sector declines. Investors now await the company's half-year results scheduled for February 25.
Texas Instruments Slashes Capex, Eyes Silicon Labs Deal Amid Insider Sales
Texas Instruments shares fell 1.13% as the company plans to cut 2026 capital spending to $2-3 billion and fund its Silicon Labs acquisition with cash and debt. Key executives sold shares after exercising options.
SAP Share Buyback Commences as Company's Self-Holding Surpasses 5% Threshold
SAP has initiated its €10 billion share repurchase program after its ownership of its own stock exceeded 5%. The company's U.S. ADRs gained 3% in after-hours trading.
Intel Shares Surge on China Server CPU Supply Crunch
Intel stock climbed nearly 5% Friday amid reports of server processor shortages and price increases in China, with delivery delays extending up to six months.
IBM Holds Near $300 as Key Events Loom: Confluent Vote, CPI Data Ahead
IBM shares gained 3.1% to $298.93 on Friday, outpacing major tech peers. Investors are focused on the upcoming shareholder vote for its $11 billion Confluent acquisition and the January CPI report.
Lam Research Surges 8% Amid Semiconductor Rally, Eyes on Macro Data and Nvidia
Lam Research shares climbed 8.2% to $231.01 Friday, riding a semiconductor sector rally fueled by AI data-center spending optimism. Investors now await key U.S. economic reports and Nvidia's upcoming earnings.
Amazon's Massive AI Capex Plan Sends Shockwaves Through Tech Sector
Amazon's projected $200 billion capital expenditure for 2026, significantly above expectations, triggered a 5.6% stock drop while fueling a chip rally. The tech sector faces rotation pressures with software stocks losing $1 trillion in value since late January.
Quantum Computing Stocks Surge as Tech Sector Rebounds
Shares of quantum computing companies soared Friday, with IonQ, Rigetti, D-Wave, and Quantum Computing Inc gaining 15-21% amid a broad tech rally. Heavy trading volume accompanied the moves.
Alibaba Shares Rebound as AI App Frenzy Meets Technical Hiccups Ahead of Earnings
Alibaba's U.S.-listed stock rose 3% Friday, halting a six-session decline amid a broader tech rally. Its Qwen AI app surged to the top of China's App Store following a massive giveaway, but outages and platform restrictions marred the launch.
Oracle Shares Rebound on $50 Billion Cloud Funding Plan
Oracle stock surged 4.6% to $142.82, ending an eight-day losing streak after announcing plans to raise up to $50 billion for cloud expansion in 2026.
Oracle Rebounds on $50B Cloud Funding Plan, Ending 8-Day Decline
Oracle shares surged 4.6% to $142.82 Friday, halting an eight-session losing streak. The rally followed the company's announcement of plans to raise $45–$50 billion in 2026 to expand its cloud infrastructure.