Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Oklo Gains on Regulatory Milestones Amid Mounting Losses
Oklo shares climbed nearly 5% as investors balanced regulatory progress, including a key NRC license, against escalating financial losses detailed in its annual filing.
Nvidia Rises on Geopolitical Easing, but AI Leadership Concerns Persist
Nvidia shares advanced nearly 3% in premarket trading, buoyed by a drop in oil prices after geopolitical tensions eased. However, the AI chip leader continues to face scrutiny over its ability to maintain market share as competitors ramp up.
Rocket Lab Secures $190M Hypersonic Deal, Stock Slides on $1B Share Sale Plan
Rocket Lab shares declined premarket Monday following a record $190 million hypersonic test contract award and a new plan to potentially sell up to $1 billion in stock. The company's backlog now exceeds $2 billion.
Nvidia Dips 3% as Macro Fears Overshadow Major Amazon AI Chip Order
Nvidia shares declined 3.1% on Friday, closing at $172.70, as broader market anxieties offset news of a significant AI chip agreement with Amazon. The company's market capitalization settled near $4.53 trillion.
Archer Aviation Shares Drop Despite Federal eVTOL Program Inclusion
Archer Aviation shares declined 4.3% to $5.76, with market concerns over its financial losses and capital requirements outweighing news of its inclusion in a federal advanced air mobility program.
Lam Research Slips Amid Tech Rout Despite Strong AI Outlook
Lam Research shares declined 2.4% to $228.36 Friday, dragged down by a sector-wide tech selloff. The company maintained strong March-quarter revenue guidance of approximately $5.7 billion but highlighted vulnerabilities from its significant China business.
AeroVironment Secures $135M Army Drone Deals Amid Strategic Shifts
Defense contractor AeroVironment has been awarded nearly $135 million in new orders from the U.S. Army for its P550 long-range reconnaissance and Red Dragon attack drone systems. The contracts arrive shortly after the company lowered its revenue forecast and recorded a significant goodwill impairment.
Nokia Shares Retreat on Analyst Downgrade Amid AI-Driven Volatility
Nokia's stock declined below the €7 level following a sell recommendation from Inderes, which set a €5.20 price target. The shares remain up over 25% year-to-date, buoyed by AI-related developments.
Intel Shares Dip Amid Broader Semiconductor Sector Weakness
Intel shares declined 1% in early Friday trading, reversing some of Thursday's gains as the broader semiconductor sector and Nasdaq faced pressure. The drop comes despite news of an expanded AI partnership with Versa.