Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
IBM Falls on Accenture Read-Through; AI Growth Debate Intensifies
IBM shares fell 1.8% as Accenture's weaker guidance weighed on IT services, reigniting debate over whether AI will boost IBM's high-margin software enough to offset consulting risks.
Chevron-Microsoft AI Deal Shifts Focus to Energy Infrastructure
Chevron will supply natural-gas power to Microsoft's Pecos data center, highlighting the AI capex debate as MSFT shares dip despite strong Azure growth.
Meta Invests $900M in CRED, Names Kunal Shah as WhatsApp Head
Meta is investing $900 million in Indian fintech CRED and appointing its founder Kunal Shah as WhatsApp's new global head, signaling a major push into payments and AI-driven commerce.
SK Hynix Ousts Samsung as South Korea's Top Stock by Market Cap
SK Hynix overtook Samsung Electronics as South Korea's most valuable listed company, fueled by soaring demand for its high-bandwidth memory chips used in AI servers.
SMCI Surges Premarket After Upgrade, $7B Financing in Focus
Super Micro Computer (SMCI) jumped 2.94% premarket after a GF Securities upgrade, as focus returns to its $7 billion financing for $39 billion in AI server orders.
Apple's Pricing Warning Ignites NAND Rally, Sandisk Surges Premarket
Sandisk shares jumped 3.62% premarket to $2,263.89 after Apple CEO Tim Cook said memory price increases are unavoidable, validating NAND pricing power and driving sector-wide repricing.
Intel Stock Surges 10.6% on Apple Partnership Hints, But Upside Looks Limited
Intel shares surged 10.64% to $133.99 after Trump announced Apple's plans to collaborate on U.S. chip design and manufacturing, adding $64.8B in market value, but the rally faces skepticism without official confirmation.
Marvell Technology Joins S&P 500 Amid AI Networking Surge, Trading at 106x Earnings
Marvell Technology (MRVL) joins the S&P 500, closing up 7.27% at $310.58, as AI networking demand and index inclusion fuel a valuation re-rating to 106x trailing earnings.
Webb Telescope Reveals Complete Star Formation Cycle in Orion
NASA's James Webb Space Telescope has captured all stages of star formation in a single image of the Orion A molecular cloud, providing an unparalleled near-Earth laboratory for studying stellar nurseries.